Star Health and Allied Insurance Company Limited has received an order dated December 26, 2025, from the Office of the Joint Commissioner of State Goods & Service Tax, Uttar Pradesh. The order levies a penalty of ₹75,27,772.28 under Section 73 of the Central Goods and Services Tax Act, 2017, for the period April 2021 to March 2022. The penalty is related to excess Input Tax Credit (ITC) availed and differences in turnover, constituting alleged contravention of GST provisions. Following legal counsel's advice, the company intends to file an appeal or writ petition with the appropriate authorities to contest the order. Star Health believes it has a strong case on merits and does not foresee any material impact on its financial, operational, or other activities as a result of this penalty. The company has also submitted the required disclosures under Regulation 30(13) of the Listing Regulations. The information will be available on the company's website, www.starhealth.in.