Karur Vysya Bank Ltd has informed BSE regarding "Order received from The Hon'ble Income Tax Appellate Tribunal".

Classification | REGULATORS IRC: F48: 133: 281 :2026 01st September 2026 The Manager, The Manager, National Stock Exchange of India Ltd, BSE Limited, Exchange Plaza, 5th Floor, Phiroze Jeejeebhoy Towers, Plot No. C-1, ‘G’ Block, Dalal Street, Bandra- Kurla Complex, Mumbai – 400001. Bandra (East), Mumbai – 400051. Scrip Code: KARURVYSYA Scrip Code: 590003 Dear Sir/Madam, Sub: Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 – Order received from The Hon’ble Income Tax Appellate Tribunal Ref: Communication dated April 03, 2024 and May 26, 2026 ***** Pursuant to Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, and in continuation to our earlier communication dated April 03, 2024 and May 26, 2026, we hereby inform that we have received a favourable order of The Hon’ble Income Tax Appellate Tribunal setting aside the order passed by the Commissioner of Income Tax (Appeals), National Faceless Appeal Centre for the AY 2022-23 pertaining to FY 2021-22. Further, the disclosures as required under SEBI Circular Disclosure as per SEBI Master Circular SEBI/HO/49/14/14(7)2025-CFD-POD2/I/3762/2026 dated January 30, 2026 is enclosed as Annexure - I. Kindly take the same on record. Yours faithfully, Srinivasarao Maddirala Company Secretary & Compliance Officer Classification | REGULATORS Annexure I Disclosure as per SEBI Master Circular SEBI/HO/49/14/14(7)2025-CFD- POD2/I/3762/2026 dated January 30, 2026: S. No Description Details Faceless Assessing Officer, 1. Name of the opposing party National Faceless Assessment Unit Date of initiation of the litigation/ 2. 12/04/2024 dispute Bank received an order of the Commissioner of Income Tax (Appeals), National Faceless Appeal Centre, partly allowing the appeal filed by the bank against the demand of Rs. 40.34 crore raised by the Assessment Unit. Status of the litigation / dispute 3. Looking to the Precedence/ Orders as per last disclosure of appellate authorities, the Bank believed that it has adequate factual and legal grounds to reasonably substantiate its position in the matter in the appellate forum and considering the expected relief, the Bank expects that the entire demand will be set aside. Bank has received a favourable order of the Hon’ble Income Tax Appellate Tribunal setting aside the Order passed by the Commissioner Current status of the litigation / 4. of Income Tax (Appeals). dispute Consequently, there is no impact on financial, operations or other activities of the Bank.