Action(s) initiated or orders passed

July 14, 2026 Manager – Listing Department, National Stock Exchange of India Limited Exchange Plaza, Plot No. C-1, G Block, Bandra Kurla Complex, Bandra East, Mumbai – 400 051 Subject: Intimation under Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 Symbol: PANACHE Dear Sir / Madam, Pursuant to Regulation 30 read with Schedule III of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 (“Listing Regulations”), we hereby inform you that the Company has received an Order passed by the Joint Commissioner of State Tax, Kalyan. The details of the above order as required under Regulation 30 read with Schedule III of Listing Regulation are enclosed herewith as Annexure. Kindly take the same on your records and acknowledge the receipt. Thanking you, Yours faithfully, For Panache Digilife Limited Harshil Chheda Company Secretary & Compliance Officer Place: Mumbai Encl.: As above Annexure Sr. Details of such events Information / Remark 1 Name of the Authority Joint Commissioner of State Tax, Kalyan 2 Nature and details of the action(s) taken The Company has received an Order under the or order(s) passed Central Goods and Services Tax Act, 2017 and Maharashtra Goods and Services Tax Act, 2017, whereby the competent authority has confirmed the tax demand aggregating to Rs. 2,22,40,982/-including interest and penalty. 3 Date of receipt of direction or order, 13th July 2026. including any ad-interim orders, or any other communication from the authority 4 Details of the violation(s) / contravention Alleged Wrongful availment and utilization of ineligible (s) committed or alleged to be committed Input Tax Credit. 5 Impact on financial, operation or other The Company believes that the order is not tenable in activities of the Company, quantifiable in law and on facts and that it has strong legal grounds monetary terms to the extent possible to challenge the findings recorded therein. Accordingly, the Company is taking appropriate steps to file an appeal before the Hon'ble Goods and Services Tax Appellate Tribunal within the prescribed statutory timelines. Based on the preliminary legal assessment, the management is of the considered view that the said order is appealable and does not expect any material adverse impact on the financial position, operations or other activities of the Company.