Action taken and Order passed against the Company

September 25, 2026 To, To, Listing / Compliance Department Listing / Compliance Department BSE Limited National Stock Exchange of India Limited Phiroze Jeejeebhoy Towers “Exchange Plaza”, Plot No C/1, Dalal Street, Mumbai 400 001. G Block, Bandra Kurla Complex, Bandra (E), Mumbai 400 051. Scrip Code: 543210 Symbol: AARTISURF Dear Sir / Madam, Sub: Disclosure under Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. This is to inform you that the Company and Mr. Nikhil Desai, CEO and Managing Director of the Company, have received an order from Commissioner of Customs (NS-I), JNCH, Nhava Sheva interalia, directing confiscation of the seized goods, imposition of redemption fine, penalty and a demand of differential Customs duty, together with applicable interest thereon. The details pursuant to sub-para 20 of Para A of Part A of Schedule III read with SEBI Master Circular No. HO/49/14/14(7)2025-CFD-POD2/I/3762/2026 dated January 30, 2026, are provided below: Sr. Particulars Details 1. Name of the authority Commissioner of Customs (NS-I), Jawaharlal Nehru Custom House (JNCH), Nhava Sheva. 2. Nature and details of the action(s) The Adjudicating Authority, vide its Order dated taken or order(s) passed September 24, 2026, has passed the following against the Company & its CEO & Managing Director: 1. Rejected the declared description/classification of the imported goods as "Dimethyl Lauryl Amine (DMLA)" under CTH 29212990, and re-classified the goods Farmin DM 2465/Fentamine DMA 1268/1269 (a Cationic Surface Active Agent) under CTH 34021200 of the Customs Tariff Act, 1975. 2. Confiscated, under Section 111(m) of the Customs Act, 1962, the seized goods weighing 171.444 MTs valued at Rs. 2,30,34,882/-, with an option of redemption on payment of a fine of Rs. 25,00,000/- under Section 125(1) ibid. 3. Confirmed demand and recovery of differential duty of Rs. 11,10,373/- under Section 28(4) of the Customs Act, 1962, along with applicable interest under Section 28AA ibid. 4. Held the goods weighing 2,275.963 MTs valued at Rs. 34,88,31,865/- liable for confiscation under Section 111(m), without imposition of redemption fine on account of non-availability of the goods. 5. Confirmed demand and recovery of differential duty of Rs. 1,42,87,031/- under Section 28(4) of the Customs Act, 1962, along with applicable interest under Section 28AA ibid. 6. Appropriated a sum of Rs. 2,25,31,731/- already paid by the Company towards the differential duty and interest demanded at (3) and (5) above. 7. Imposed a penalty of Rs. 1,53,97,404/-, together with applicable interest, on the Company under Section 114A of the Customs Act, 1962. 8. Directed enforcement and encashment of the Bond of Rs. 2,76,35,214/- executed by the Company, together with Bank Guarantee(s) of Rs. 35,00,000/- issued by Axis Bank Limited, towards the duty, interest, fine and penalty liability. 9. Imposed a penalty of Rs. 10,00,000/- on Mr. Nikhil Desai, Director of the Company, under Section 112(a) of the Customs Act, 1962. 10. Imposed a further penalty of Rs. 10,00,000/- on Mr. Nikhil Desai, under Section 114AA of the Customs Act, 1962. 3. Date of receipt of direction or September 24, 2026 order, including any ad-interim or interim orders, or any other communication from the authority 4. Details of the violation(s) / Classification of the Imported goods under an incorrect contravention(s) committed or Custom Tariff Item (CTI). alleged to be committed 5. Impact on financial, operation or The aggregate financial impact comprising differential other activities of the listed entity, duty, redemption fine and penalty, as set out above, is not quantifiable in monetary terms to expected to have any material impact on the Company’s the extent possible operations at this stage. The Company is evaluating the said order and intends to avail appropriate legal recourse by filing an appeal before the Customs, Excise and Service Tax Appellate Tribunal (CESTAT). The Company will update the Stock Exchanges of material development, if any, in the aforesaid matter in future. The additional information pursuant to Industry Standards Note on Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 are provided in Annexure A. The above information is also available on the website of the Company: www.aarti-surfactants.com Kindly take the above information on record. Thanking you, Yours faithfully, For Aarti Surfactants Limited Priyanka Chaurasia Company Secretary ICSI M. NO. A44258 Annexure A September 25, 2026 To, To, Listing / Compliance Department Listing / Compliance Department BSE Limited National Stock Exchange of India Limited Phiroze Jeejeebhoy Towers “Exchange Plaza”, Plot No C/1, Dalal Street, Mumbai 400 001. G Block, Bandra Kurla Complex, Bandra (E), Mumbai 400 051. Scrip Code: 543210 Symbol: AARTISURF Dear Sir / Madam, In respect of the captioned matter, I, the undersigned, state and declare that the information and details provided in Form A, in compliance with Regulation 30(13) of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, is true, correct and complete to the best of my knowledge and belief. Kindly take the above information on record. Thanking you, Yours faithfully, For Aarti Surfactants Limited Priyanka Chaurasia Company Secretary ICSI M. NO. A44258 Place: Mumbai Email Id: priyanka.chaurasia@aarti-surfactants.com Form A Disclosure by Aarti Surfactants Limited regarding receipt of communication from regulatory, statutory, enforcement or judicial authority under the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 [Regulation 30(13) – Disclosure of communication from regulatory, statutory, enforcement or judicial authority] Sr. Particulars Details 1. Name of the listed company Aarti Surfactants Limited 2. Type of communication received Order directing confiscation of the seized goods, imposition of redemption fine, penalty and demand of differential Customs duty, together with applicable interest thereon. 3. Date of receipt of communication September 24, 2026 4. Authority from whom Commissioner of Customs (NS-I), Jawaharlal Nehru communication received Custom House (JNCH), Nhava Sheva. 5. Brief summary of the material The Adjudicating Authority, vide its Order dated contents of the communication September 24, 2026, has passed the following against the received, including reasons for Company & its CEO & Managing Director: receipt of the communication 1. Rejected the declared description/classification of the imported goods as "Dimethyl Lauryl Amine (DMLA)" under CTH 29212990, and re-classified the goods Farmin DM 2465/Fentamine DMA 1268/1269 (a Cationic Surface Active Agent) under CTH 34021200 of the Customs Tariff Act, 1975. 2. Confiscated, under Section 111(m) of the Customs Act, 1962, the seized goods weighing 171.444 MTs valued at Rs. 2,30,34,882/-, with an option of redemption on payment of a fine of Rs. 25,00,000/- under Section 125(1) ibid. 3. Confirmed demand and recovery of differential duty of Rs. 11,10,373/- under Section 28(4) of the Customs Act, 1962, along with applicable interest under Section 28AA ibid. 4. Held the goods weighing 2,275.963 MTs valued at Rs. 34,88,31,865/- liable for confiscation under Section 111(m), without imposition of redemption fine on account of non-availability of the goods. 5. Confirmed demand and recovery of differential duty of Rs. 1,42,87,031/- under Section 28(4) of the Customs Act, 1962, along with applicable interest under Section 28AA ibid. 6. Appropriated a sum of Rs. 2,25,31,731/- already paid by the Company towards the differential duty and interest demanded at (3) and (5) above. 7. Imposed a penalty of Rs. 1,53,97,404/-, together with applicable interest, on the Company under Section 114A of the Customs Act, 1962. 8. Directed enforcement and encashment of the Bond of Rs. 2,76,35,214/- executed by the Company, together with B [Showing first 8,000 characters — download PDF for full document]