Disclosure under Regulation 30 of the SEBI (LODR) Regulations, 2015

Honda India Power Products Ltd. announced that the Joint Commissioner of State Tax (Appeals), Raipur, Chhattisgarh, allowed its appeal and dropped a demand for excess Input Tax Credit (ITC) along with associated interest and penalty for the financial year 2019-20. The total amount demanded was Rs. 5,40,956. The company stated that this resolution has no material impact on its financial, operational, or other activities.