HDFC Life Insurance Company has informed that this is with reference to the intimation filed by the Company on August 31, 2024, disclosing the details of the GST Order (Period involved - April 1, 2019 to March 31, 2020, Tax Demand - Rs 104.79 crore, Interest - 94.31 crore and Penalty-Nil) received from the Assistant Commissioner of State Tax (INV-6), Investigation-A, Mumbai, Maharashtra on August 30, 2024. In continuation to the above, the Company has received on March 6, 2026, Order from the Deputy Commissioner of State Tax (Appeals), Maharashtra. The said Order confirms the total Tax demand including interest as mentioned in the aforesaid Order received from the Assistant Commissioner of State Tax (INV-6). The said Order will have no adverse material impact on the financial operations of the Company and the same shall be further contested by way of an appeal before the GST Appellate Tribunal.

The above information is a part of company’s filings submitted to BSE.