Updates

July 13, 2026 The Manager (Listing/Compliance) The Manager (DCS/Compliance) National Stock Exchange of India Limited BSE Limited, Exchange Plaza, Bandra-Kurla Complex, Bandra Phiroze Jeejeebhoy Towers, (East), MUMBAI- 400 001 Dalal Street, MUMBAI- 400 001 NSE Symbol : KHAICHEM BSE Scrip Code : 507794 Dear Sir/Madam, Sub: Comments of the Board Members for the fine levied for non-compliance / delayed compliance under Regulation 29(2)/29(3) of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. We would like to inform that the matter related to fine imposed by the Stock Exchanges on the captioned subject which was placed before the Board of Directors of the Company. Name of the authority National Stock Exchange of India Limited (NSE) and BSE Limited Nature and details of the action(s) taken, initiated Fine of Rs. 11800/- each including GST imposed or order(s) passed by NSE and BSE Date of receipt of direction or order, including any May 14, 2026 ad interim or interim orders, or any other communication from the authority Details of the violation(s)/contravention(s) committed or alleged to be committed Non-compliance with the provisions of Regulation 29(2)/29(3) of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, on account of non-compliance due to delay in furnishing prior intimation about the dividend in the meeting of the board of director for the Quarter ended on March 31st 2026. Impact on financial, operation or other activities of None, there is no material impact on financials, the listed entity, quantifiable in monetary terms to operations or other activities of the Company the extent possible The Board noted that, in accordance with Regulation 29(2) read with Regulation 29(3) of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, a listed entity is required to give prior intimation to the Stock Exchanges, at least two working days in advance, of the meeting of the Board of Directors where, inter alia, the recommendation or declaration of dividend is proposed to be considered. It was observed that, while the Company had duly intimated the Stock Exchanges regarding the Board Meeting convened to consider the financial results, the prior intimation did not include an agenda item relating to the recommendation of dividend. The proposal for recommendation of dividend was finalized during the course of the Board Meeting itself and was not contemplated at the time the prior intimation was issued. Accordingly, the recommendation of dividend was promptly disclosed to the Stock Exchanges as part of the outcome of the Board Meeting immediately upon its conclusion.The non-compliance was inadvertent and occurred due to a procedural oversight, without any intention of wilful default or suppression of material information. The Company has since taken corrective measures by strengthening its internal compliance and review mechanisms to ensure timely and complete prior intimations under Regulation 29 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 and to prevent recurrence of such instances. After detailed deliberations, the Board expressed that the non-compliance was unintentional and technical in nature, with no mala fide intent or adverse impact on the governance or operations of the Company. The Board took note of the communications received from both the Stock Exchanges dated May 14, 2026, and acknowledged that the fines had been paid promptly. The Board also directed the implementation of enhanced internal monitoring systems and compliance review mechanisms to ensure continuous and proactive compliance with all applicable provisions of SEBI LODR Regulations and other relevant laws. The Board reaffirmed the Company’s unwavering commitment to upholding the highest standards of corporate governance, transparency, and regulatory compliance. It assured that necessary internal controls have been strengthened to ensure utmost diligence and adherence to all applicable laws and regulations, thereby preventing any future procedural deviations. For Khaitan Chemicals and Fertilizers Limited Sejal Maheshwari Company Secretary and Compliance Officer Membership No- F13942