BSECompany Update28 Sept 2026 · 28 Sept 2026, 01:33 pm

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

Raj Packaging Industries Ltd · 530111

✦ AI SummaryLitigation

Raj Packaging Industries Ltd has received rejection of its appeal against GST demand for FY 2022-23 and 2023-24. The company will explore further legal remedies and disclose any material developments.

Analysis Scores

Earnings Impact2/10
Growth Catalyst1/10
Governance Concern1/10
Regulatory Risk6/10
Balance Sheet Risk1/10
Liquidity Impact5/10
Market Sentiment4/10

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Raj Packaging Industries Ltd - 530111 - Intimation Under Regulation 30 Of SEBI (LODR) Regulations, 2015 - Update On GST

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enna r=) Phones : 040 23392024, 23392025 E-mail :info@rajpack.com Website: www.rajpack. com packaging industries Itd. ee eee (CIN:L25209TG1987PLC007550) aenacear eee Manufacturers of Multilayer Co-extruded Hyderabad-500 082. Barrier / Non Barrier Plastic & Laminated Film Telangana, INDIA 28.09.2026 Hyderabad The Corporate Relations Dept, BSE Limited PJ. Towers, Dalal Street, Mumbai - 400001 Dear Sir Subject: Intimation under Regulation 30 of SEBI (LODR) Regulations, 2015 - Update on GST Litigation for FY 2022-23 and 2023-24 Ref: Scrip Code: 530111 | Scrip ID: RAJPACK This is in continuation to our previous intimations regarding orders passed by Assistant Commissioner (ST), Aghapura Circle, Commercial Tax Departments, Hyderabad for 2022-23 and 2023-24. Please find below financial year wise update received by the Company from the concerned. S. No FY Update 1 2022-23 The Company had f iled an appeal on 19.07.2025 before the Appellate Authority, GST, Telangana challenging/disputing the demand raised by the Assistant Commissioner (ST), Aghapura Circle. The mentioned appeal has been rejected by the Authority on 22.09.2026 in exercise of the powers conferred under Section 107 of the CGST/TGST Act, 2017. Management’s submission: The Company has carefully reviewed the order and is of the view that the Authority has not duly considered and appropriately appreciated all the supporting documents, explanations and other relevant material submitted by the Company during the proceedings and thus the findings contained in the order by the Authority are not adequately supported by the applicable legal position. The Company also believes that the issues involved require further examination by the appropriate appellate judicial forum. The rejection of the appeal does not, in the Company’s view, conclusively determine the merits of the matter. The Company is exploring all available legal remedies for challenging the order before the appropriate higher appellate judicial forum. =)2a5 Phones : 040 23392024, 23392025 E-mail :info@rajpack.com Website: www.rajpack. com packaging industries Itd. 6-3-1247, Metro Residency, Flat No. 202 & 203 (CIN:L25209TG1987PLC007550) Rajbhavan Road Manufacturers of Multilayer Co-extruded Hyderabad-500 082 Barrier / Non Barrier Plastic & Laminated Film Telangana, INDIA The Company will take such further legal and other appropriate steps as may be advised after obtaining professional advice. Any material developments in the matter will be appropriately disclosed to the shareholders in accordance with the applicable laws and regulatory requirements. 2 2023-24 The Company had filed an appeal on 19.07.2025 before the Appellate Authority, GST, Telangana challenging/disputing the demand raised by the Assistant Commissioner (ST), Aghapura Circle. The mentioned appeal has been rejected by the Authority on 22.09.2026 in exercise of the powers conferred under Section 107 of the CGST/TGST Act, 2017. Management’s submission: The Company has carefully reviewed the order and is of the view that the Authority has not duly considered and appropriately appreciated all the supporting documents, explanations and other relevant material submitted by the Company during the proceedings and thus the findings contained in the order by the Authority are not adequately supported by the applicable legal position. The Company also believes that the issues involved require further examination by the appropriate appellate judicial forum. The rejection of the appeal does not, in the Company’s view, conclusively determine the merits of the matter. The Company is exploring all available legal remedies for challenging the order before the appropriate higher appellate judicial forum. The Company will take such further legal and other appropriate steps as may be advised after obtaining professional advice. Any material developments in the matter will be appropriately disclosed to the shareholders in accordance with the applicable laws and regulatory requirements. Further updates in this regard will be intimated as and when made available to the Company by the concerned. This intimation is to be read with previous disclosures made by the Company in this regard. Thanking you, Yours faithfully, For RAJ PACKAGING INDUSTRIES LIMITED Digitally signed KHushBO by ktushBoo JOSHI O JOSHI. Date: 2026.09.28 13:08:58 +05'30' Khushboo Joshi Company Secretary & Compliance Officer