We wish to inform you that the Company has received Show Cause Notice from State Tax Office, Government of Maharashtra

UCAL LIMITED (Formerly UCAL FUEL SYSTEMS LIMITED) 25th September 2026 BSE Limited National Stock Exchange of India Ltd Exchange Plaza, 5“ Floor, Corporate Relationship Department Plot No. C/1, G Block, Phiroze Jeejeebhoy Towers, Bandra Kurla Complex, DalaI Street, Bandra(E), Mumbai 400 051 Mumbai - 400 001 Stock Code : UCAL Stock Code: 500464 Dear Sir/Madam, Subject: Disclosure under Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. This is to inform you that the Company has received show cause notice today viz 25.09.2026 from the Office of the Deputy Commissioner of State Tax, Government of Maharashtra. The relevant details pursuant to Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 read with SEBI Master Circular No. HO/49/14/14(7)2025- CFD-POD2/1/3762/2026 dated 30th January, 2026 are provided at Annexure - 1. Request you to kindly take the same on record. Thanking you Yours faithfully For UCAL LIMITED S. NARAYAN COMPANY SECRETARY FIEGD OFFICE : 11 B/2 (S.P), First Cross Road, Ambattur Industrial Estate, IATF 188482018 Ambattur, Chennai - 600 058. Tel.No: 044 - 6654 4719 BUREAU VERr14s E-mail: ufsl.ho@ucal.com Website: www.ucal.com CIN: L31900TN 1985PLC012343 Annexure – 1 Particulars Details Name of the listed compan' Ucal Limited Type of communication received Show cause notice (SCN) Date of receipt of communication 25-09-2026 Authority from whom communication Office Of the Deputy Commissioner of State received Tax, Department of Goods and Services Tax, (Govt. of Maharashtra) Brief summary of the material contents of the The authorities have alleged that communication received, including reasons discrepancies were noticed during the GST for receipt of the communication Audit for the FY 2022-23 with respect to Excess claim of ITC and Reversal of Excess ITC due to Credit Note. Period for which communication would be FY 2022-23. applicable, if stated Expected Financial implications on the listed There is no immediate impact on financials, company, if any; operations or other impact due to this show cause notice at this stage. Further, the Company believes that the SCN has no merits, and the Company will be filing detailed reply with facts, figures and justifications to the SCN before the GST Authority within the prescribed timelines with the required evidence substantiating its position. None Details of any aberrations/ non-compliances identified by the authority in the cornrnunication; Details of any penalty or restriction or Penalty of Rs.87.62 Lakhs (including interest) sanction imposed pursuant to the demanded in Show Cause Notice communication U(--AL LIMITED (F„m„ly UCAL FUEL SYSTEMS LIMITED) Action (s) taken by listed company with The Authorities have given an opportunity respect to the communication to the Company of being heard and to file any objections. The Company will be filing detailed reply with facts, figures and justifications to the SCN before the GST Authority within the prescribed timelines with the required evidence substantiating its position Any other relevant information