General Updates

Dated: 03rd September 2026 The Secretary The Secretary, The Bombay Stock Exchange Ltd. National Stock Exchange of India Limited Phiroz Jeejeebhoy Towers Exchange Plaza, Bandra Kurla Complex, Dalal Street, Mumbai – 400 001 Bandra (E), Mumbai - 400 051 Security Code: 523716 Security Symbol: ASHIANA Sub: Corporate Announcement Under Regulation 30 of the SEBI (LODR) Regulations regarding order under Section 74 of the Tamil Nadu Goods & Service Tax (TNGST) Act 2017 This is to inform you that the GST Department, Tamil Nadu, has raised a demand amounting to ₹3,44,89,552/- (including interest and penalty) under the TNGST Act, 2017 (the Act). The demand pertains to the alleged differences between taxes paid in GST returns and turnover declared in GSTR 9C as financial turnover for FY 2024-25 for Chennai location. The requisite information, as per Para A of Part A of Schedule III under Regulation 30 read with SEBI Master Circular No. HO/49/14/14(7)2025-CFD-POD2/I/3762/2026 dated January 30, 2026, is provided below: Demand Order under the TNGST Act 2017: Name of the Authority State Tax Officer, Group-IX, Chengalpattu Intelligence Division, Chengalpattu, Chennai Nature and details of the action(s) taken, GST demand order under section 74 of the TNGST initiated or order(s) passed Act 2017. Date of receipt of direction or order, including Order-in-Original dated August 31, 2026, received any interim or interim orders, or any other on September 03, 2026 communication from the Authority Details of the violation(s)/contravention(s) The demand pertains to the alleged differences committed or alleged to be committed between taxes paid in GST returns and turnover declared in GSTR 9C as financial turnover for FY 2024-25 for Chennai location Ashiana Housing Ltd. 304, Southern Park, Saket District Centre, Saket, New Delhi – 110 017 CIN: L70109WB1986PLC040864 Regd. Office: 5F Everest, 46/C Chowringhee Road, Kolkata – 700 071 011-42654265, Email: investorrelations@ashianahousing.com Website: www.ashianahousing.com Action taken by company Company will contest this order before the Commissioner (Appeals). Impact on financial, operation or other No significant impact on financial or operational activities of the listed entity, quantifiable in performance of the Company. As regards the monetary terms to the extent possible monetary implications, the demand for penalty is raised by GST Department, Tamil Nadu. However, the Company is reviewing and preparing to take appropriate action for the same. This is for your updation and record. Thanking you For Ashiana Housing Ltd. Nitin Sharma (Company Secretary & Compliance Officer) Mem No: 21191 Address: Saket, New Delhi Ashiana Housing Ltd. 304, Southern Park, Saket District Centre, Saket, New Delhi – 110 017 CIN: L70109WB1986PLC040864 Regd. Office: 5F Everest, 46/C Chowringhee Road, Kolkata – 700 071 011-42654265, Email: investorrelations@ashianahousing.com Website: www.ashianahousing.com