Disclosure under Regulation 30 of SEBI (LODR) Regulations, 2015

JK PAPER LTD. ::Ht Nehru House, 4 Bahadur Shah Zafar Marg, New Delhi-I I 0002 JKP/SH/2026 September 22, 2026 Electronic filing Department of Corporate Services/Listing National Stock Exchange of India Limited BSE Limited "Exchange Plaza" Bandra-Kurla Complex, Phiroze Jeejeebhoy Towers Sandra (E) Dalal Street, Fort Mumbai - 400 051 Mumbai - 400 001 Symbol : JKPAPER Scrip Code No. 532162 Series : EQ Dear Sir/Madam, Sub: Disclosure under Regulation 30 of the SEBI {Listing Obligations and Disclosure Requirements) Regulations, 2015 {'SEBI Listing Regulations') In compliance with Regulation 30 read with Para A (20) of Part A of Schedule Ill of SEBI Listing Regulations, we wish to inform you that the Assistant Commissioner of C.G.S.T., Tapi, Gujarat, has passed Orders dated September 21, 2026, under Goods and Service Tax Act, 2017, for the period from Financial Year (FY) 2020-21 to FY 2022-23, raising aggregate demand of Rs. 2,53,91,496/- (Rs. 1,26,95,748/- towards tax and Rs. 1,26,95,748/- towards penalty) alongwith applicable interest, for alleged claim of excess Input Tax Credit. The said demand is unjustified, legally untenable and is against the provisions of the GST Acts. In this regard, the Company intends to file an appeal before the Commissioner (Appeals) against the aforesaid Orders. The requisite disclosure pursuant to SEBI Master Circular No. HO/49/14/14(7)2025- CFDPOD2/l/3762/2026 dated January 30, 2026 is enclosed as Annexure I for Para A (20) of Schedule Ill of SEBI Listing Regulations. The date and time of occurrence of the event is September 21, 2026, at 06:43 P.M. Thanking you Yours faithfully, For JK Paper Limited Arvind Kumar Company Secretary & Compliance Officer M.No. A14874 Admn. Office : Ph.: 91-1 1-66001132, 660011 12, 2331 I 112-5. Fax: 91-1 1-23712680, Website: www.jkpaper.com Regd. Office : P.O. Central Pulp Mills, Fort Songadh, Dist. Tapi (Guj.)-394660 Ph: 91-2624-220138, E-mail: cpm@cpmjk.jkmail.com CIN l210 I0GJ I 960PLC0 18099 JK PAPER LTD. Annexure-1 S.No Particulars Details 1. Name of the authority Assistant Commissioner of C.G.S.T., Tapi, Gujarat 2. Nature and details of the action(s) Raising a demand of Rs. 1,26,95,748/- and taken or order( s) passed penalty of Rs. 1,26,95,748/-for alleged claim of excess Input Tax Credit for the period from FY 2020-21 to FY 2022-23 3. Date of receipt of direction or order, September 21, 2026 including any ad-interim or interim orders, or any other communication from the authority 4. Details of the violation(s)/ As mentioned above in point no. 2 contravention(s) committed or alleged to be committed 5. Impact on financial, operation or As mentioned above in point no. 2 other activities of the listed entity, quantifiable in monetary terms to the extent possible.