NSEAction(s) taken or orders passed20 Jun 2026 · 20 Jun 2026, 11:27 am

Action(s) taken or orders passed

LG Electronics India Limited · LGEINDIA

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LG Electronics India Limited has announced that it received a penalty order dated June 19, 2026, from the Income Tax Department, Ministry of Finance, Government of India. This intimation was made to the exchanges as per Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The announcement does not disclose the specific financial amount of the penalty or the nature of the violation. For investors, this indicates a potential financial liability, though the exact impact on the company remains unclear without further details on the penalty's magnitude.

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LG Electronics India Limited has informed the Exchange about Action(s) taken or orders passed

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LGEINDIA_20062026111952_Intimation_under_Regulation_30_dated_June192026.pdf

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LG Electronics India Limited (16th to 20th Floor) C- 001, Tower D, KK Project, Sector-16 B. Noida - 201301 Dist. Gautam Buddha Nagar, UP (India) T: 91-120-651-6700 Website: www.lg.com/in Email id: cgc.india@lge.com LGEIL/CGC/2026-27/26 Date: June 20, 2026 National Stock Exchange of India Limited BSE Limited Exchange Plaza, C-1, Block G Phiroze Jeejeebhoy Towers Bandra Kurla Complex, Dalal Street, Bandra (E), Mumbai – 400 051 Mumbai – 400 001 NSE Symbol: LGEINDIA Scrip Code: 544576 Sub: Intimation under Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 Dear Sir/Madam, Pursuant to Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 (“SEBI LODR”), we hereby inform you that the Company has received a penalty order dated June 19, 2026, issued by the Income Tax Department, Ministry of Finance, Government of India. The details required under Regulation 30 of the SEBI LODR read with SEBI Master Circular HO/49/14/14(7)2025-CFD-POD2/I/3762/2026 dated January 30, 2026, is enclosed herewith as Annexure-A. The date and time of occurrence of information is June 19, 2026 at 15:30 hours (IST), being the date and time when the Company received the aforesaid order. Kindly take the above information on record. Thanking You, Yours truly, For LG Electronics India Limited (Anuj Goyal) Company Secretary and Compliance Officer Encl: As above Regd. Office: A-24/6, Mohan Cooperative Industrial Estate, Mathura Road, New Delhi – 110044 CIN: L32107DL1997PLC220109 LG Electronics India Limited (16th to 20th Floor) C- 001, Tower D, KK Project, Sector-16 B. Noida - 201301 Dist. Gautam Buddha Nagar, UP (India) T: 91-120-651-6700 Website: www.lg.com/in Email id: cgc.india@lge.com Annexure – A Sr. No. Particulars Details 1 Name of the Authority; Assessment Unit Income Tax Department 2 Nature and details of action(s) taken Income Tax Department has issued penalty order for or order(s) passed; financial year 2013-14 levying penalty under section 271(1)(c) of the Income Tax Act, 1961. 3 Date of receipt of Direction or June 19, 2026 order, including any ad-interim or interim orders, or any other communication from the authority; 4 Details of the violation(s) / Earlier, on October 15, 2025, Income Tax Appellate contraventions (s) committed or Tribunal (ITAT) issued order for Financial Year alleged to be committed; 2013-14 confirming Tax Adjustments made by Income Tax Department in respect of taxability of incentive received from Uttar Pradesh Government (INR 24,22,87,278). Company has filed appeal in Delhi High Court against the ITAT order. Subsequent to above Tax Adjustments, on June 19, 2026, the Department levied penalty of INR 8,23,53,445 under section 271(1)(c) of the Income Tax Act, 1961. 5 Impact on financial, operation or No substantial impact on financial operations or other activities of the listed entity, activities. quantifiable in monetary terms to the extent possible; The company believes it has very strong case as similar penalty proceedings have already been decided in favour of the Company by ITAT FY 2002-03, 2003-04 and 2006-07. The Company intends to file an appeal before the appropriate authority against aforesaid penalty order. Regd. Office: A-24/6, Mohan Cooperative Industrial Estate, Mathura Road, New Delhi – 110044 CIN: L32107DL1997PLC220109