BirlaNu Limited (formerly HIL Limited) has received a favorable order from the Hon’ble High Court of Telangana concerning a Show Cause Notice (SCN) issued under Goods and Services Tax (GST) laws.

The SCN proposed a disallowance of the Input Service Distributor (ISD) registration methodology and a penalty amounting to ₹8.38 crore. However, on December 30, 2025, the relevant authority passed an order in favor of the Company, rescinding the entire demand of ₹8.38 crore and the associated penalty of ₹8.38 crore.

Consequently, no tax, penalty, interest, or any other amount is payable by BirlaNu Limited in this regard. The Company received this favorable order on January 7, 2026. The matter was not previously disclosed as it was below the materiality thresholds. This disclosure is made pursuant to SEBI Listing Regulations upon receipt of the favorable order. The Company expects a positive impact on its financial position due to this development.