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Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 (“Listing Regulations”) - Regarding development in one of the ongoing litigations

The Company has informed BSE and NSE that further to our letter PKR:SG: 56:23 dated 14th August 2023, regarding disclosure of continuing event or information (i.e. ongoing litigations) of the Company and pursuant to Regulation 30 and Part B of Para A of Schedule III of the Listing Regulations read with SEBI Circular No. SEBI/HO/CFD/CFD-PoD-1/P/CIR/2023/123 dated 13th July 2023, we hereby submit the development in one of the ongoing litigations with regard to the complaint filed by the Union of India, Department of Consumer Affairs in 2015 before the Hon’ble National Consumer Dispute Redressal Commission, New Delhi (“NCDRC”) on the allegation that by selling MAGGI Noodles in the past, the Company had indulged in unfair trade practice by manufacturing and selling of hazardous and defective goods to the public and thereby seeking compensation of Rs. 284.55 Crore and punitive damages of Rs. 355.41 Crore, was dismissed by NCDRC in favour of the Company vide NCDRC’s Order dated 2nd April 2024. Copy of the said Order was received by the Company on 3rd April 2024

PDF file of the letter submitted to Stock Exchange