Update on ongoing litigation

September 7, 2026 The National Stock Exchange of India Ltd., BSE Limited, Exchange Plaza, Bandra-Kurla Complex, Corporate Relationship Department, Bandra (East), Mumbai – 400 051. P. J. Towers, Dalal Street, Fort, Mumbai – 400 023. Code : PRSMJOHNSN Code : 500338 Dear Sir, Sub: Disclosure under Regulation 30 read with Clause 8 of Para B of Part A of Schedule III of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 - Update on ongoing litigation Pursuant to Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, we wish to inform you that in furtherance to our initial disclosure dated August 14, 2023, and subsequent updates provided in our Integrated Governance Reports regarding ongoing tax litigations and disputes concerning the dispute listed at Sr. No. 10 of Annexure 1 of the aforementioned disclosure pertaining to an Excise Duty demand of Rs. 11.53 Crores (including a penalty of Rs. 6.04 Crores) raised by the Commissioner, Central Excise & Service Tax, Jabalpur, against the Company and its ex-employee, the Hon’ble Customs, Excise and Service Tax Appellate Tribunal (CESTAT), New Delhi, has set aside the Excise Duty demand and penalty imposed on the Company and its ex-employee in the entirety while disposing the appeals filed by the Company in this regard. As communicated by our lawyers vide an email dated September 7, 2026, the operative part of the Order was pronounced in the open Court on September 7, 2026. The written order is expected to be uploaded on the CESTAT website in due course. Details required under Regulation 30 of SEBI LODR read with SEBI Master Circular No. HO/49/14/14(7)2025-CFD-POD2/I/3762/2026 dated January 30, 2026 are provided in the enclosed Annexure. Kindly take the same on your records. Thanking you, Yours faithfully, For PRISM JOHNSON LIMITED Shailesh Dholakia Company Secretary and Compliance Officer ANNEXURE Details under Regulation 30 of the SEBI LODR read with SEBI Master Circular No.HO/49/14/14(7)2025-CFD-POD2/I/3762/2026 dated January 30, 2026 are as follows: Name(s) of the opposing party, court/ Customs, Excise and Service Tax Appellate tribunal/agency where litigation is filed Tribunal (CESTAT), New Delhi Brief details of dispute/litigation Appeals filed by the Company against an order passed by the Commissioner, Central Excise & Service Tax, Jabalpur confirming Excise Duty demand of Rs. 11.53 Crores (inclusive of penalty of Rs. 6.04 Crores) which was originally disclosed on August 14, 2023, under Sr. No. 10 of Annexure 1. Quantum of claims, if any / expected Nil. financial implications, if any, due to compensation, penalty etc.; The Company’s appeal has been allowed and the entire Excise Duty demand of Rs. 11.53 Crores, including penalty amount, has been set aside. There is no adverse operational or financial impact on the Company. The details of any change in the status and / The Hon’ble CESTAT, New Delhi, has or any development in relation to such allowed the Company's appeals and set aside proceedings; the entire Excise Duty demand and penalty. The operative part of the order was pronounced in the open Court on September 7, 2026. The written order is expected to be uploaded on the CESTAT website in due course. In the event of settlement of the proceedings, Not Applicable details of such settlement including - terms of the settlement, compensation/penalty paid (if any) and impact of such settlement on the financial position of the listed entity