Action(s) taken or orders passed

Radaan Mediaworks India Limited 07th September, 2026 BSE Limited National Stock Exchange of India Limited Corporate Relationship Department Exchange Plaza, 5th Floor, C-1, Block G, 1st Floor, New Trading Ring, Bandra Kurla Complex, Bandra (E), Rotunda Building, P.J. Towers, Mumbai - 400051 Dalal Street, Fort, Mumbai – 400001 Symbol: RADAAN Scrip Code: 590070 Sub: Intimation under Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 – Receipt of Favorable Order from CESTAT, Chennai Dear Sir / Madam, Pursuant to Regulation 30 read with Para B of Part A of Schedule III of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, we wish to inform you that the Company has received today, i.e., September 07, 2026, a certified copy of the favorable Final Order (Final Order No. FO/ST/A/40963–40965 / 2026-ST[DB] dated August 21, 2026) passed by the Customs, Excise and Service Tax Appellate Tribunal (CESTAT), Chennai, in Service Tax Appeal Nos. 41915 to 41917 of 2017 filed by M/s. Radaan Media Works India Limited. The Tribunal has allowed the appeals and set aside the impugned Order-in-Original No. CHN-SVTAX- 002-COM-45 to 47/2016-2017 dated 24.03.2017 passed by the Commissioner of Service Tax-II, Chennai, confirming the entitlement of the Company to CENVAT credit on telecast fees along with setting aside consequential demands of interest and penalties under Statement of Demand Nos. 04/2015, 61/2015 and 55/2016-C(ST-2) covering period from October 2012 to December 2015. The relevant details as required under SEBI Circular No. SEBI/HO/CFD/CFD-PoD- 1/P/CIR/2023/123 dated July 13, 2023, are provided in Annexure A attached herewith. Kindly take the above information on record. Thanking you, Yours faithfully, For Radaan Media Works India Limited Ramya Ravi Company Secretary & Compliance Officer 14, Jayammal Road, Tel : + 91 44 2431 3001 / 02 / 03 / 04 / 05 / 06 / 07 info@radaan.tv Teynampet, Chennai 600 018. Fax : + 91 44 2431 3008 www.radaan.tv CIN : L92111TN1999PLC043163 Radaan Mediaworks India Limited Annexure A Details pursuant to SEBI Master Circular dated January 30, 2026 Particulars Details Name of the authority Customs, Excise and Service Tax Appellate Tribunal (CESTAT), Regional Bench Court No. I, Chennai Nature and details of the action(s) taken, Final Order No. FO/ST/A/40963–40965 / 2026- initiated or order(s) passed; ST[DB] dated August 21, 2026. The Hon’ble Tribunal allowed all three appeals filed by the Company and set aside the Order-in- Original No. CHN-SVTAX-002-COM-45 to 47/2016- 17 dated 24.03.2017 passed by the Commissioner of Service Tax-II, Chennai. Date of receipt of direction or order, Received today, i.e, September 07, 2026, the including any ad-interim or interim orders, Order issued by CESTAT Registry on 28th August or any other communication from the 2026. authority; Details of the violation(s) / The Department had denied CENVAT credit on contravention(s) committed or alleged to telecast fees paid to television channels for the be committed period October 2012 to December 2015 under three Statements of Demand, alleging that telecast fees were not eligible input services. The Tribunal held that telecast fees qualify as eligible input services under Rule 2(l) of CENVAT Credit Rules, 2004 for providing output services of 'Sale of Space or Time for Advertisement', following precedent orders in the Company's own cases. Quantum of claim / demand involved Disallowance and recovery demand of CENVAT credit amounting to ₹5,32,43,696/- (comprising ₹1,58,82,476/-, ₹1,59,45,636/-, and ₹2,14,15,584/- ) along with applicable interest and penalties. Impact on financial, operation or other Positive Financial Impact: The entire demand of activities of the listed entity, quantifiable in CENVAT credit of ₹5,32,43,696/-, along with monetary terms to the extent possible. applicable interest and penalties, stands completely set aside with consequential relief. There is no adverse operational or financial impact on the Company. 14, Jayammal Road, Tel : + 91 44 2431 3001 / 02 / 03 / 04 / 05 / 06 / 07 info@radaan.tv Teynampet, Chennai 600 018. Fax : + 91 44 2431 3008 www.radaan.tv CIN : L92111TN1999PLC043163