Action(s) taken or orders passed

priority JEWELS Date: September 17, 2026 To, To, The Compliance Manager The Manager Listing Department Listing and Compliance Department BSE Limited National Stock Exchange of India Limited Phiroze Jeejeebhoy Towers, Exchange Plaza, C-1, Block G Dalal Street, Bandra-Kurla Complex, Bandra (East), Mumbai - 400001 Mumbai - 400051 Scrip Code: 544899 Scrip Symbol: PRIORITY ISIN: INE15EH01014 Subject: Disclosure under Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. Dear Sir/ Madam, Pursuant to Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 (“Listing Regulations”), we wish to inform you that the Company has received an Appellate Order under Section 250 of the Income-tax Act, 1961, from the Commissioner of Income Tax (Appeals), NFAC, Delhi, on September 16, 2026. The details as required under the Listing Regulations are provided in ‘Annexure A’ with this intimation. You are requested to take the above information on record. Thanking you. Yours faithfully, For Priority Jewels Limited AAKRITI BHUSHAN Aakriti Bhushan Company Secretary and Compliance Officer Membership No. A67952 Encl:a/a Priority Jewels Limited Regd. Office: Plot No. 121, Street No. 15/18, MIDC, Andheri (E), Mumbai — 400 093 Phone: (022) 67679898 / 2838 1818, Fax: (022) 2838 1616 CIN # U52393MH2007PLC174977 E-mail: priority@priorityindia.com priority JEWETLS Annexure A The details as required under Listing Regulations read with SEBI Master Circular No. HO/49/14/14(7)2025-CFD-POD2 /1/3762 /2026 dated January 30, 2026 are given below: SR. PARTICULARS DETAILS 1} Authority from whom communication | Commissioner of Income Tax (Appeals), NFAC, received/ Name of the authority. Delhi 2{ Nature and details of the action(s) taken | Appellate Order under section 250 of the Income or order passed. Tax Act, 1961 for Assessment Year 2011-2012. The appeal filed by the Company against the assessment order passed under Section 143(3) of the Income Tax Act, 1961 has been allowed in favour of the Company, with the CIT(A) deleting the additions and disallowances made by the Assessing Officer and providing consequential relief to the Company. Further, the penalty proceedings initiated under Section 271(1)(c) of the Income Tax Act, 1961 in respect of the aforesaid additions have been directed to be dropped. 3] Date of receipt of direction or order, | Order dated 16% September, 2026. including any ad-interim or interim orders, or any other communication from the authority. 4] Details of the | Not Applicable violation(s) /contravention(s) committed or alleged to be committed. 5{ Impact on financial, operation or other | The order is favourable to the Company and will activiies of the listed entity, result in reduction of the corresponding tax quantifiable in monetary terms to the demand of Rs. 3.54 Crores. extent possible. The Company will be eligible for refund of the proportionate tax demand paid, along with applicable interest, if any, subject to giving effect to the appellate order by the Income Tax Department. Priority Jewels Limited Regd. Office: Plot No. 121, Street No. 15/18, MIDC, Andheri (E), Mumbai — 400 093 Phone: (022) 67679898 / 2838 1818, Fax: (022) 2838 1616 CIN # U52393MH2007PLC174977 E-mail: priority@priorityindia.com