Voltas Ltd. — Regulatory Filings 2025

May 28, 2025

28[th] May, 2025

BSE Limited National Stock Exchange of India Limited Department of Corporate Services Listing Department Phiroze Jeejeebhoy Towers Exchange Plaza Dalal Street Bandra-Kurla Complex Mumbai 400 001 Bandra (East), Mumbai 400 051 Scrip Code: 500575 NSE Symbol: VOLTAS

Sub: Intimation under Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 (‘SEBI Listing Regulations’)

Dear Sirs,

Pursuant to Regulation 30 read with Para A of Part A of Schedule III of SEBI Listing Regulations, this is to inform that the Federal Tax Authority, UAE (‘FTA’), based on Value Added Tax audit of Company’s UAE branch for the period from 2018 to 2022, has raised a demand for VAT amount of AED 2,881 (equivalent to ~ Rs. 0.01 crore) and imposed a penalty of AED 1,08,4130 (equivalent to ~ Rs. 2.51 crores), in accordance with the relevant provisions of tax laws applicable to the UAE branch. The penalty communication was received by the UAE branch on the FTA portal on 28[th] May, 2025.

The Company is evaluating the next steps including filing an appeal in the matter. There is no material impact on the financials, operations or other activities of the Company due to this penalty.

The information as required under Clause 20 of Para A of Part A of Schedule III of the SEBI Listing Regulations read with relevant SEBI Circular is enclosed in the Annexure.

This is for your information and records.

Thanking you,

Yours faithfully,

For Voltas Limited

RATNESH Digitally signed by RATNESH PRASAD PRASAD RUKHARIYAR RUKHARIYAR Date: 2025.05.28 17:35:52 +05'30'

Ratnesh Rukhariyar Company Secretary & Compliance Officer

Encl.: a/a

ANNEXURE

			Details Federal Tax Authority, UAE The Federal Tax Authority, UAE (‘FTA’), based on Value Added Tax audit of Company’s UAE branch for the period from 2018 to 2022, has raised a demand of VAT amount of AED 2,881 (equivalent to ~ Rs. 0.01 crore) and imposed a penalty of AED 1,08,4130 (equivalent to ~ Rs. 2.51 crores), in accordance with the relevant provisions of tax laws applicable to the UAE branch. The Company is evaluating the next steps including filing an appeal in the matter. The communication was received by the UAE branch on the FTA portal on 28thMay, 2025. Penalty of AED 1,08,4130 (equivalent to ~ Rs. 2.51 crores) imposed on the Company’s UAE branch, in accordance with the relevant provisions of tax laws applicable to the UAE branch. There is no material impact on the financials, operations or other activities of the Company.
	Sr. No.	Particulars	Details
	1.	Name of the Authority	Federal Tax Authority, UAE
	2.	Nature and details of the action(s) taken, initiated or order(s) passed.	The Federal Tax Authority, UAE (‘FTA’), based on Value Added Tax audit of Company’s UAE branch for the period from 2018 to 2022, has raised a demand of VAT amount of AED 2,881 (equivalent to ~ Rs. 0.01 crore) and imposed a penalty of AED 1,08,4130 (equivalent to ~ Rs. 2.51 crores), in accordance with the relevant provisions of tax laws applicable to the UAE branch. The Company is evaluating the next steps including filing an appeal in the matter.
	3.	Date of receipt of direction or order including any ad-interim or interim orders or any other communication from the Authority.	The communication was received by the UAE branch on the FTA portal on 28thMay, 2025.
	4.	Details of the violation(s)/ contravention(s) committed or alleged to be committed.	Penalty of AED 1,08,4130 (equivalent to ~ Rs. 2.51 crores) imposed on the Company’s UAE branch, in accordance with the relevant provisions of tax laws applicable to the UAE branch.
	5.	Impact on financial, operation or other activities of the listed entity, quantifiable in monetary terms to the extentpossible	There is no material impact on the financials, operations or other activities of the Company.