NSEAction(s) taken or orders passed9 Sept 2026 · 9 Sept 2026, 07:25 pm

Action(s) taken or orders passed

Nestle India Limited · NESTLEIND

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Nestle India Limited has informed the Exchange about Intimation regarding receipt of an Order-in-Appeal from GST Department, Tamil Nadu for the tax period 2017-2020.

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Earnings Impact5/10
Growth Catalyst2/10
Governance Concern1/10
Regulatory Risk8/10
Balance Sheet Risk3/10
Liquidity Impact6/10
Market Sentiment5/10

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Nestle India Limited has informed the Exchange about Intimation regarding receipt of an Order-in-Appeal from GST Department, Tamil Nadu for the tax period 2017-2020

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NESTLEIND1_09092026192430_STXIntimationGSTOrder09092026signed.pdf

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Nestlé India Limited (CIN: L15202DL1959PLC003786) Nestlé House Jacaranda Marg ‘M’ Block, DLF City, Phase – II Gurugram – 122002, Haryana Phone: 0124 - 3940000 E-mail: investor@in.nestle.com Website: www.nestle.in PKR:SG: 45:2026-27 9th September 2026 BSE Limited (BSE) National Stock Exchange of India Limited (NSE) Phiroze Jeejeebhoy Towers, Exchange Plaza, Plot No. C-1, Dalal Street, G Block, Bandra Kurla Complex, Mumbai - 400 001 Bandra (East), Mumbai - 400 051 BSE Scrip Code: 500790 NSE Symbol: NESTLEIND Subject: Regulation 30 and Schedule III of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 (“Listing Regulations”): Intimation regarding receipt of an Order-in-Appeal from GST Department, Tamil Nadu for the tax period 2017-2020 Dear Madam/ Sir, Further to our letter no. PKR:SG: 91:23 dated 28th December 2023 regarding receipt of an Order from GST Department, Tamil Nadu for the tax period 2017-2020 and pursuant to the provisions of Regulation 30 read with sub-para 20 of Para A of Part A of Schedule III of the Listing Regulations, we hereby submit that the Company is in receipt of an Order-in-Appeal passed by the Office of the Principal Commissioner of GST and Central Excise (Appeals – II), Newry Tower, 2nd Floor, No.2054 – I : II Avenue, 12th Main Road, Anna Nagar, Chennai – 600 040 for FY 2017-20. The details of the above Order are given below: Name of the authority(s) Office of the Principal Commissioner of GST and Central Excise (Appeals – II), Newry Tower, 2nd Floor, No.2054 – I : II Avenue, 12th Main Road, Anna Nagar, Chennai – 600 040. Nature and details of the action(s) taken, Order-in-Appeal Under Section 73 of the of the Central Goods and initiated or order(s) passed Services Tax Act, 2017. Date of receipt of direction or order, including 9th September 2026 any ad-interim or interim orders, or any other communication from the authority Details of the violation(s)/ contravention(s) The Company has received the Order-in-Appeal, whereby the Appellate committed or alleged to be committed Authority has partially allowed the appeal and confirmed: (i) reduced tax liability under the CGST/SGST Act, 2017 amounting to Rs. 1,29,69,981/-; (ii) applicable interest thereon; and (iii) reduced penalty amounting to Rs. 12,96,998/-. Impact on financial, operation or other There is no material impact on financials, operations or other activities activities of the listed entity, quantifiable in of the Company on account of the Order mentioned above. The monetary terms to the extent possible Company will explore various options to challenge the above mentioned Order. The above is for your information and record. Thanking you, Yours truly, NESTLÉ INDIA LIMITED PRAMOD KUMAR RAI COMPANY SECRETARY AND COMPLIANCE OFFICER Regd. Office: 100 / 101, World Trade Centre, Barakhamba Lane, New Delhi – 110 001