Pendency of Litigation(s)/dispute(s) or the outcome impacting the Company

REF:TSL:SEC:2026/166 September 29, 2026 National Stock Exchange of India Ltd., BSE Limited 5th Floor P J Towers Exchange Plaza, Bandra (E), D a l a l S t reet Fort, Mumbai - 400 051 Mumbai 400 001 Scrip Code: TVSSRICHAK Scrip Code: 509243 by NEAPS by Listing Centre Sub: Disclosure under Regulation 30 of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015 (‘Listing Regulations’) Dear Sir/Madam, Pursuant to the provisions of Regulation 30 read with Schedule III of the Listing Regulations, we hereby submit the disclosure regarding the Show cause Notice dated 28th September, 2026 received from the Deputy Commissioner of State Tax, Bhiwandi, Mumbai for Assessment Year 2022-23 The details required to be furnished under Regulation 30 of Listing Regulations read with SEBI Master Circular No. HO/49/14/14(7)2025-CFD-POD2/I/3762/2026 dated 30th January, 2026 and SEBI Circular No. SEBI/HO/CFD/CFDPoD- 2/P/CIR/2025/25 dated 25th February, 2025 are annexed as Annexure A and Annexure B, respectively. We also confirm that the information and details provided in Annexure B is true, correct and complete to the best of our knowledge and belief. We request you to kindly take the above on record. Thanking you Yours faithfully for TVS SRICHAKRA LIMITED Chinmoy Patnaik Company Secretary & Compliance Officer Membership No. A14724 TVS Srichakra Limited CIN: L25111TN1982PLC009414 Regd. Office: TVS Building, 7-B, West Veli Street, Madurai 625 001. Tel:+91 0452 2356400, Fax: +91 0452 2443466 I Website: www.tvseurogrip.com I Email: secretarial@eurogriptyres.com Manufacturing Unit: Vellaripatti, Melur Taluk, Madurai-625 122, Tel:+91 452 2443300 Annexure-A S. No. Particulars Details a Brief details of litigation viz. name(s) of the Show Cause Notice received from opposing party, court/ tribunal/ agency where the Deputy Commissioner of litigation is filed, brief details of State Tax, Bhiwandi, Mumbai. dispute/litigation. Please refer to S. No. 4 & 5 of Annexure B for detailed summary. b Expected financial implications, if any, due to Total proposed demand compensation, penalty etc. aggregates to approximately Rs.17.53 Crore (comprising Tax of Rs. 8.05 Crore, Interest of Rs. 7.78 Crore, and Penalty of Rs. 1.70 Crore). Please refer to S. No. 7 & 9 of Annexure B for breakdown. c Quantum of Claims, if any. Rs. 17.53 Crore (approx.) Please refer to S. No. 7 of Annexure B. Annexure-B Particulars Details 1 Name of the listed company TVS SRICHAKRA LIMITED 2 Type of communication received Show Cause Notice / Demand Notice under the GST law 3 Date of receipt of communication 28-09-2026 4 Authority from whom communication Deputy Commissioner of State Tax, received Bhiwandi, Mumbai 5 Brief summary of the material contents The Company has received a notice from of the communication received, the GST Department alleging excess including reasons for receipt of the availment of Input Tax Credit (ITC) in communication GSTR-3B vis-à-vis GSTR-2B for FY 2022- 23 and proposing tax, interest, and penalty thereon. 6 Period for which communication would FY 2022-23 be applicable, if stated 7 Expected financial implications on the The notice proposes a demand listed company, if any aggregating to approximately Rs.17.53 crore, comprising tax of Rs. 8.05 crore, interest of Rs. 7.78 crore and penalty of Rs. 1.70 crore. The financial impact, if any, will be subject to adjudication and disposal of the matter by the appropriate authority. TVS Srichakra Limited CIN: L25111TN1982PLC009414 Regd. Office: TVS Building, 7-B, West Veli Street, Madurai 625 001. Tel:+91 0452 2356400, Fax: +91 0452 2443466 I Website: www.tvseurogrip.com I Email: secretarial@eurogriptyres.com Manufacturing Unit: Vellaripatti, Melur Taluk, Madurai-625 122, Tel:+91 452 2443300 8 Details of any aberrations/non- The notice alleges excess availment of compliances identified by the authority Input Tax Credit and further records that no in the communication response was furnished by the taxpayer. The Company had already submitted its response/representations, which appear not to have been considered while issuing the notice. 9 Details of any penalty or restriction or The notice proposes a penalty of sanction imposed pursuant to the approximately Rs. 1.70 crore. No final communication penalty, restriction, or sanction has been imposed as of the date of this disclosure. 10 Action(s) taken by listed company with The Company is evaluating the contents of respect to the communication the notice and is in the process of filing a detailed response before the concerned authority within the prescribed timeline. The Company believes it has valid grounds to substantiate its position and will pursue appropriate legal remedies. 11 Any other relevant information The matter is currently at the notice stage and no final order has been passed by the authority. TVS Srichakra Limited CIN: L25111TN1982PLC009414 Regd. Office: TVS Building, 7-B, West Veli Street, Madurai 625 001. Tel:+91 0452 2356400, Fax: +91 0452 2443466 I Website: www.tvseurogrip.com I Email: secretarial@eurogriptyres.com Manufacturing Unit: Vellaripatti, Melur Taluk, Madurai-625 122, Tel:+91 452 2443300