Action(s) taken or orders passed

September 23, 2026 BSE Limited National Stock Exchange of India Limited P. J. Towers, Listing Department Dalal Street, Fort, Exchange Plaza, 5th Floor, Mumbai – 400 001 Plot no. C/1, G- Block, Scrip Code: 511218 Bandra-Kurla Complex, Mumbai – 400 051 NSE Symbol: SHRIRAMFIN Dear Sir/Madam, Sub.: Intimation under Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 (‘Listing Regulations’) Pursuant to Regulation 30 of the Listing Regulations, we inform you that the Company has received Orders dated September 16, 2026 from Office of the Additional Commissioner of Central GST & C. Ex, Navi Mumbai, levying penalties of Rs.46,81,440/- and Rs.13,50,434/- for F.Y. 2020-21, Rs.93,64,842/- and Rs.90,26,090/- for F.Y. 2021-22 and Rs.1,75,32,162/- and Rs.1,39,41,580/- for F.Y. 2022-23 in respect of show cause cum demand orders against erstwhile Shriram City Union Finance Limited (which was amalgamated with the Company w.e.f. April 1, 2022). These penalties have been imposed in accordance with Section 74 of the Central Goods and Service Tax Act, 2017 (‘CGST Act, 2017’) read with corresponding provisions of Maharashtra Goods and Service Tax Act, 2017 (‘MGST Act, 2017’) and Section 20 of the Integrated Goods and Services Tax Act, 2017 (‘IGST Act, 2017’). Disclosure as required under sub-para 20(b) of Para A of Part A of Schedule III to Regulation 30 of the Listing Regulations read with SEBI Master Circular No.: HO/49/14/14(7)2025-CFD- POD2/I/3762/2026 dated January 30, 2026: Sr. Particulars Details 1 Name of the authority Additional Commissioner of Central GST & C. Ex, Navi Mumbai 2 Nature and details of the Section 74 of the CGST Act, 2017 read with the MGST action(s) taken or order(s) Act, 2017 and IGST Act, 2017 passed 3 Date of receipt of direction or September 22, 2026 order, including any ad-interim or interim orders, or any other Shriram Finance Limited Corporate Office: Wockhardt Towers, Level -III, West Wing, C-2, G-Block, Bandra - Kurla Complex, Bandra (East), Mumbai - 400 051, Maharashtra. Ph: +91 22 4095 9595 Registered Office. Sri Towers, Plot No.14A, South Phase, Industrial Estate, Guindy, Chennai – 600 032, Tamil Nadu, India. Tel: +91 44 485 24 666 Email: secretarial@shriramfinance.in I Website: www.shriramfinance.in I Corporate Identity Number (CIN) — L65191TN1979PLC007874 Sr. Particulars Details communication from the authority 4 Details of the violation(s)/ The demand for F.Y.2020-21, F.Y.2021-22 and F.Y. contravention(s) committed or 2022-23 has arisen on account of the following: alleged to be committed i) Non-payment of tax under Reverse Charge Mechanism (RCM) on the service rendered by the service provider: Particulars F.Y.2020-21 F.Y.2021-22 F.Y.2022-23 Tax Demand Rs.46,81,440/- Rs.93,64,842/- Rs.1,75,32,162/- Penalty levied Rs.46,81,440/- Rs.93,64,842/- Rs.1,75,32,162/- ii) Ineligible ITC availed on invoices issued by automobile/ motor vehicle dealers: Particulars F.Y.2020-21 F.Y.2021-22 F.Y.2022-23 Tax Demand Rs.13,50,434/- Rs.90,26,090/- Rs.1,39,41,580/- Penalty levied Rs.13,50,434/- Rs.90,26,090/- Rs.1,39,41,580/- 5 Impact on financial, operation There is no material impact on financial, operation or or other activities of the listed other activities of the Company. entity, quantifiable in monetary However, based on quantum of the amount involved terms to the extent possible and out of commercial prudence, the Company await to receive opinion from our tax consultant against Maharashtra state demand orders reference no. ZD2709261226270, ZD2709261226808, ZD2709261226527, ZD270926122699P, ZD2709261226642, and ZD2709261227137 dated September 16, 2026 received on September 22, 2026. This event/information occurred on September 22, 2026 at 6.00 p.m. Kindly take the same on record. Thanking you, Yours faithfully, for SHRIRAM FINANCE LIMITED U BALASUNDARARAO COMPANY SECRETARY & CHIEF COMPLIANCE OFFICER Shriram Finance Limited Corporate Office: Wockhardt Towers, Level -III, West Wing, C-2, G-Block, Bandra - Kurla Complex, Bandra (East), Mumbai - 400 051, Maharashtra. Ph: +91 22 4095 9595 Registered Office. Sri Towers, Plot No.14A, South Phase, Industrial Estate, Guindy, Chennai – 600 032, Tamil Nadu, India. Tel: +91 44 485 24 666 Email: secretarial@shriramfinance.in I Website: www.shriramfinance.in I Corporate Identity Number (CIN) — L65191TN1979PLC007874