Zydus Wellness Limited has disclosed that its step-down wholly owned subsidiary, Comfort Click Limited (CCL), United Kingdom, has received a penalty order from the Spanish Tax Authority under regulatory compliance requirements.

Penalty Details and Background

The Spanish Tax Authority has imposed a VAT penalty on Comfort Click Limited for alleged unpaid value added tax related to the first quarter of 2021. The penalty stems from what the authority describes as incorrect mapping of VAT payment to old VAT instead of new VAT.

Company Response and Legal Strategy

Comfort Click Limited has expressed confidence in its position regarding the penalty. The subsidiary firmly believes it has strong merits to contest the Spanish Tax Authority's order and intends to file an appeal against the decision.

Regulatory Disclosure

Zydus Wellness has made this disclosure pursuant to Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, read with relevant SEBI circulars. The company has indicated that there is no impact on financial, operational, or other activities of the company or CCL due to this order, with any impact limited to the final tax liability as may be determined along with penalty, if any.

Business Implications

This development highlights the regulatory complexities that Indian companies and their international subsidiaries face when operating across multiple jurisdictions. The VAT penalty represents a compliance matter that the subsidiary will address through appropriate legal channels while maintaining its operational activities.

Zydus Wellness Limited has announced the implementation of a special window facility for the transfer and dematerialisation of physical securities, in compliance with recent regulatory guidelines. The company published notices in both English and Gujarati editions of Financial Express on March 30, 2026, informing stakeholders about this important development.

SEBI Circular Implementation

The special window facility has been established pursuant to SEBI Circular No. HO/38/13/11(2)2026-MIRSD-POD/1/3750/2026 dated January 30, 2026. This regulatory directive aims to facilitate the processing of physical securities that have remained in physical form for an extended period.

Scope and Eligibility

The special window covers physical securities that were purchased or sold prior to April 1, 2019. Additionally, the facility extends to transfer requests that were previously rejected, returned, or not processed due to deficiencies in documents, procedural issues, or other reasons.

During the special window period, all securities transferred will be mandatorily credited to the transferee exclusively in demat mode. These securities will be subject to a lock-in period of one year from the date of transfer registration, during which they cannot be transferred, lien-marked, or pledged.

Application Process

Eligible investors seeking to utilize this facility must submit the required documents as specified in the SEBI Circular to the company's Registrar and Share Transfer Agent. The documents must be complete in all respects and submitted before the deadline of February 4, 2027.

Contact Information

For additional details and assistance, investors can reach out through multiple channels. The company has provided dedicated contact points for investor queries and support throughout the application process.

Company Contact:

• Email: nandish.joshi@zyduswellness.com
• Phone: 079-48040000

RTA Contact:

• Email: investor.helpdesk@in.mpms.mufg.com
• Phone: 079-26465179/86/87

The notice was signed by Nandish P. Joshi, Company Secretary and Compliance Officer (Membership No. ACS39036), and dated March 28, 2026, from Ahmedabad. This initiative represents Zydus Wellness Limited's commitment to regulatory compliance and facilitating shareholder services in accordance with SEBI guidelines.