M&M Schedules Q3 Financial Results Review for February 11

M&M has announced plans to conduct a review of its third quarter financial results on February 11. The company's decision to schedule this review aligns with standard corporate governance practices for quarterly performance assessment.

Quarterly Review Schedule

The following details the announced review timeline:

Parameter:	Details
Review Date:	February 11
Period Covered:	Third Quarter
Review Type:	Financial Results

Corporate Governance

The scheduled review represents part of M&M's regular financial reporting cycle. Such reviews typically involve comprehensive analysis of quarterly performance metrics and operational highlights. The February 11 date provides stakeholders with a specific timeline for accessing quarterly performance insights.

This announcement ensures transparency in the company's financial reporting process and maintains regular communication with investors and market participants regarding quarterly business developments.

1 Day	5 Days	1 Month	6 Months	1 Year	5 Years
-0.62%	+0.12%	-2.94%	-4.58%	-22.47%	+53.32%

Amara Raja Energy & Mobility Limited has informed stock exchanges about receiving a GST order from tax authorities in Ghaziabad, involving a total demand of approximately ₹2.08 crores. The company disclosed this development in compliance with SEBI listing regulations.

GST Order Details

The Assistant Commissioner, Division VI, Office of the Assistant Commissioner, Ghaziabad, Meerut, Uttar Pradesh, issued the order under Section 73 of CGST/UPGST Act, 2017. The order carries the nature classification of DRC-07/Order.

Component	Amount
Tax Demand	₹1,89,16,214
Penalty	₹18,91,621
Interest	As per Section 50
Total Impact	~₹2.08 crores

Nature of Alleged Violation

According to the company's disclosure, the GST authorities have raised concerns regarding reconciliation provided for amounts mentioned in Table 8C of GSTR-9, which was allegedly not considered by the officer during assessment. This relates to Input Tax Credit reconciliation processes under GST compliance requirements.

Company's Response and Impact Assessment

Amara Raja Energy & Mobility has stated that the order will have no impact on its financial, operational, or other activities. The company emphasized that it has not claimed excess Input Tax Credit (ITC) and plans to file an appeal against the order.

Parameter	Status
Financial Impact	No impact stated
Operational Impact	No impact stated
Company's Position	No excess ITC claimed
Next Steps	Appeal to be filed

Regulatory Compliance

The disclosure was made pursuant to Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. Company Secretary and Vice President-Legal Vikas Sabharwal signed the regulatory filing submitted to both NSE and BSE.

The company, formerly known as Amara Raja Batteries Limited, continues to maintain transparency in regulatory disclosures while addressing tax-related matters through appropriate legal channels.