Update on Litigation

F.BSE-NSE/QPA/0260 4thSeptember, 2026 Listing Department Listing Department BSE Limited National Stock Exchange of India Limited Phiroze Jeejeebhoy Towers, Exchange Plaza, Plot No. C/1, G. Block Dalal Street, Mumbai 400 001 Bandra Kurla Complex, Bandra (E), Mumbai-400 051 REF: SCRIP CODE 532935/ARIES Sub: Update on Litigation Dear Sir, Pursuant to Regulation 30 of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015 (Listing Regulations), we wish to update the Exchange about the following litigation. Sr. Brief Court/Tri Relating Brief Details Expected Quantum UPDATE No Details of bunal/Age to of Financial of Claim Litigations ncy where Dispute/Litig Implicatio (Rupees) (Name of the Case is ation ns the filed (Rupees) Opposing Parties) 1. Assistant GST F.Y. Demand 3,96,45,09 3,96,45,09 The GST Appellate Commission Appellate 2018- pertaining to 0/- 0/- Authority, Mazgaon, er of State, Authority, 2019 the availment (Including (Including Mumbai vide Order dated Tax- D-032, Mazgaon, of Input Tax Interest Interest 04.09.2026 Inv-A, Mumbai. Credit (ITC) and and has confirmed the Mazgaon, on inward Penalty) Penalty) Demand pertaining to the Mumbai. supplies of availment of Input Tax inputs from Credit (ITC) of Rs. Vendors 3,96,45,090/- including where interest and penalty on Registration inward supplies of inputs under GST from vendors whose GST was cancelled registrations were retrospectively subsequently cancelled retrospectively for FY 2018-19. IMPACT: The Company will be going to appeal before the Goods and Services Tax Appellate Tribunal (GSTAT) against the said Order. Kindly take the same on your records. Thanking you, Yours faithfully For Aries Agro Limited Qaiser P. Ansari Company Secretary & Compliance Officer ANISO9001COMPANY:QualityManagementSystem:ISO9001:2015Certified Regd.Office:AriesHouse,PlotNo.24,Deonar,Govandi(E),Mumbai400043. CIN:L99999MH1969PLC014465 Phone:+9122 25529000,25564052/53 Fax:+912225564054,25571711 Email:ariesagro@ariesagro.com Website:www.ariesagro.com