BSECompany Update1d ago · 24 Sept 2026, 05:43 pm

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

South Asian Enterprises Ltd · 526477

✦ AI SummaryRegulatory

South Asian Enterprises Ltd has received a provisional attachment order from the Income Tax Department, which will impact 59,674 equity shares held by deceased promoters. The company believes there will be no material impact on its financials, operations, or activities.

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Earnings Impact2/10
Growth Catalyst1/10
Governance Concern3/10
Regulatory Risk8/10
Balance Sheet Risk2/10
Liquidity Impact5/10
Market Sentiment4/10

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South Asian Enterprises Ltd - 526477 - Announcement Under Regulation 30 (LODR) - Updates

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SOUTH ASIAN ENTERPRISES LIMITED •••••• Corp. Office: 90, Okhla Industrial Estate Phase-Ill, New Delhi-110020 Tel.: +91-11-46656666 Our Email Address : For investor Services : investordesk.sael@gmail.com • Other than above : southasianenterprises@gmail.com, info@sael.co.in elec.earthing.sael@gmail.com Website : www.sael.co.in CIN NO.: L91990UP1990PLC011753 September 24, 2026 Listing Department, BSE Ltd., Corporate Relation Department, P.J. Towers, Dalal Street, Fo1t, Mumbai - 400 001 Scrip Code: 526477 Sub: Intimation under Regulation 30 of the SEBI (Listing Obligations and Disclosures Reg uirements) Regulations, 2015. Dear Sir/ Madam, In terms ofregulation 30 read with part A of Schedule III of the SEBl (Listing Obligations and Disclosure Requirements) Regulations, 2015, this is to inform you that the Company, has received from the Income Tax Department, Office of the Deputy Director of Income Tax, Investigation DD/A DTT (Inv) - 3( 1) FAIU, Delhi an Order dated 22/09/2026 under section 84 of the Black Money (Undisclosed Foreign Income and Assets) and Imposition of Tax Act, 2015 read with section 2818 of the Income-tax Act, I 961 provisionally attaching the movable/immovable properties of the Promoter Shri Mahesh Prasad Mehrotra (since deceased) pending conclusion of proceedings initiated under the aforesaid Act. As stated in the said order, it will impact 58,673 Equity Shares of the Company held by Ms. Divya Mehrotra (since deceased) which were passed onto Shri Mahesh Prasad Melu·otra (since deceased) and 1 Equity Share held by Shri Mahesh Prasad Mehrotra (since deceased) in the Company. The information came to our knowledge on September 23, 2026 at 7:45 p.m. The management perceives that there will not be any material impact on financials, operations or other activities of the Company due to the above-mentioned order. The details as required under Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 read with SEBT Master Circular SEBI/HO/49/l 4/l 4(7)2025-CFDPOD2/l/3762/2026 dated January 30, 2026, is enclosed herewith as Annexure -A. Kindly acknowledge the receipt. .--··- . .,,-· ,, ; I '"'- JT oh ank mg you, 11 .!__?:- t. .('.--),' \ South Asian Ente,p,iscs Lirnitew,f , '\,_ ';\ 1 ~-'tr_/), Khushi Gmg Company Sec1J ary & Compliance Officer M. No. -A76147 ****************** Regd. Office : Room No. 1, 4/25, Gagan Deep, Triveni Nagar, Meerpur Cantt, Kanpur-208004 (U.P.) Annexure-A Details under Regulation 30 of the SEBI Listing Regulations read along with SEBI Master Circular SEBI/HO/49/14/14(7)2025-CFDPOD2/l/3762/2026 dated January 30, 2026: Particulars Details 1 Name of Authority Income Tax Department, Office of the Deputy Director of Income Tax, Investigation DD/ADIT (Inv) - 3(1) FAIU, Delhi 2 Nature and details of the action(s) Provisional Attachment Order issued by the taken, or order(s) passed Deputy Director of Income Tax, Investigation DD/ ADIT (Inv) - 3(1) FA IU, Delhi 3 Date of receipt of direction or order, 23/09/2026 including any ad-interim or interim orders, or any other communication from the authority 4 Details of the Allegedly undisclosed Foreign Assets violation( s )/contravention( s) representing income of Shri Mahesh Prasad committed or alleged to be Mehrotra (since deceased) which have not committed been disclosed for purpose of taxation 111 India. 5 Impact on financial, operation or The said order will not have any impact on other activities of the listed entity, financial, operation or other activities of the quantifiable 111 monetary terms to Company. the extent possible