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

30th September 2026 The Manager, The Manager, BSE Limited, Listing Department, Floor 25, Pheroze Jeejeebhoy Towers, National Stock Exchange of India Limited, Dalal Street, Exchange Plaza, Bandra-Kurla Complex, Mumbai - 400 001. Bandra (E), Mumbai – 400 051. Ph. No. 022- 22721233 / 22721234 Ph. No. 022- 26598100 / 26598101 Fax No. 022-22723121 / 22721072 Fax No. 022-26598237 / 26598238 Codes: BSE-Scrip code 500215, Co. code-1311 NSE-Symbol SUNDROP, Series EQ-Rolling Settlement Sub: Intimation under Regulation 30 of Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015 read with amendments therein (“Listing Regulations”) read with Schedule III thereof. Dear Sir(s)/ Madam, Pursuant to Regulation 30 of the Listing Regulations read with Schedule III thereof, we hereby inform your good offices that the Company has received a show cause notice bearing ref no: ZD090926462434W issued by the Deputy Commissioner (SGST), Sector-7, Ghaziabad I, Uttar Pradesh (“Authority”), under Section 73 of the UPGST/ CGST Act, 2017 on September 29, 2026, at 16:34 hours. The information in terms of Regulation 30 read with Industry Standards note thereon of Listing Regulations issued vide SEBI Circular No. SEBI/HO/CFD/CFD-PoD-2/P/CIR/2025/25 dated February 25, 2025, is annexed herewith as “Annexure – A” and the information in terms of sub-para 8 of Para B of Part A of Schedule III of the Listing Regulations read with the SEBI Master Circular vide Ref. HO/49/14/14(7)2025-CFD-POD2/I/3762/2026 dated January 30, 2026, is annexed herewith as “Annexure – B”. We request you to kindly take the above information on record. Thanking you, Yours faithfully, For Sundrop Brands Limited (“the Company”) (formerly known as Agro Tech Foods Limited) Kavita Company Secretary and Compliance Officer A-27174 Encl.: As Above Sundrop Brands Limited (Formerly known as Agro Tech Foods Limited) Registered office: 31, Sarojini Devi Road, Secunderabad- 500003, Telangana, India. Tel: 91-40-66650240 Corporate office: Tower C, 15th Floor, Building No. 10, Phase-II, DLF Cyber City, Gurugram-122002, Haryana. Tel: 0124-4593700 Web: www.sundropbrands.com; CIN: L15142TG1986PLC006957 ANNEXURE – A Disclosure regarding receipt of communication from regulatory, statutory, enforcement or judicial authority pursuant to Regulation 30(13) read with Industry Standards note on Regulation 30 of the Listing Regulations issued vide SEBI Circular No. SEBI/HO/CFD/CFD-PoD-2/P/CIR/2025/25 dated February 25, 2025 Sr. Particulars Details 1. Name of the Listed Company. Sundrop Brands Limited (formerly known as Agro Tech Foods Limited). 2. Type of communication received. Show cause notice bearing ref no: ZD090926462434W issued by the Deputy Commissioner (SGST), Sector-7, Ghaziabad I, Uttar Pradesh. 3. Date of receipt of communication. September 29, 2026 4. Authority from whom communication Deputy Commissioner (SGST), Sector-7, received. Ghaziabad I, Uttar Pradesh 5. Brief summary of the material contents of The Company received a Show Cause Notice the communication received, including (SCN) dated September 29, 2026, based on the reasons for receipt of the communication. scrutiny of GST returns for the FY 2022-23, issued by the Deputy Commissioner (SGST), Sector-7, Ghaziabad I, Uttar Pradesh, under Section 73 of the UPGST/ CGST Act, 2017, the State Tax, Uttar Pradesh Goods and Services Tax, Ghaziabad Zone-1. The stated SCN has raised a GST demand of INR 26,37,65,281.41/- inclusive a penalty of INR 2,39,78,661.93/-. 6. Period for which communication would be Financial Year 2022-23 applicable, if stated. 7. Expected financial implications on the At present, the Company does not envisage any listed company, if any. financial, operational, or other implications. 8. Details of any aberrations/non- NIL compliances identified by the authority in the communication 9. Details of any penalty or restriction or Applicable penalty as per the GST Act, 2017 as sanction imposed pursuant to the mentioned in the SCN reiterated at Sr. No. 5 of this communication disclosure. 10. Action(s) taken by listed company with The Company is in the process of replying to this respect to the communication SCN, demands and the allegations contained therein on the grounds that the stated authority has not considered the GST liability already discharged by the Company on deemed supplies, export under Letter of Undertaking (LUT) and Reverse Charge Sundrop Brands Limited (Formerly known as Agro Tech Foods Limited) Registered office: 31, Sarojini Devi Road, Secunderabad- 500003, Telangana, India. Tel: 91-40-66650240 Corporate office: Tower C, 15th Floor, Building No. 10, Phase-II, DLF Cyber City, Gurugram-122002, Haryana. Tel: 0124-4593700 Web: www.sundropbrands.com; CIN: L15142TG1986PLC006957 Mechanism for the contended Financial Year 2022- In this regard, the Company shall be filing explicit submissions/ replies duly supported by documentary evidences, within the prescribed timeline mentioned in the captioned SCN, rebutting the allegations and duly addressing/ contesting the stated demand in the SCN. 11. Any other relevant information Nil Sundrop Brands Limited (Formerly known as Agro Tech Foods Limited) Registered office: 31, Sarojini Devi Road, Secunderabad- 500003, Telangana, India. Tel: 91-40-66650240 Corporate office: Tower C, 15th Floor, Building No. 10, Phase-II, DLF Cyber City, Gurugram-122002, Haryana. Tel: 0124-4593700 Web: www.sundropbrands.com; CIN: L15142TG1986PLC006957 ANNEXURE – B Disclosure as required under Regulation 30 read with sub-para 8 of Para B of Part A of Schedule III of the Listing Regulations. Sr. Particulars Information 1. Brief details of litigation viz. The Company received a Show Cause Notice (SCN) name(s) of the opposing party, court/ dated September 29, 2026, based on the scrutiny of tribunal/ agency where litigation is GST returns for the FY 2022-23, issued by the filed, brief details of dispute/ litigation Deputy Commissioner (SGST) Sector-7, Ghaziabad I, Uttar Pradesh, under Section 73 of the UPGST/ CGST Act, 2017, the State Tax, Uttar Pradesh Goods and Services Tax, Ghaziabad Zone-1. The stated SCN has raised a GST demand of INR 26,37,65,281.41/- inclusive a penalty of INR 2,39,78,661.93/-. The Company is in the process of replying to this SCN, demands and the allegations contained therein on the grounds that the stated authority has not considered the GST liability already discharged by the Company on deemed supplies, export under Letter of Undertaking (LUT) and Reverse Charge Mechanism for the contended Financial Year 2022- In this regard, the Company shall be filing explicit submissions/ replies duly supported by documentary evidences, within the prescribed timeline mentioned in the captioned SCN, rebutting the allegations and duly addressing/ contesting the stated demand in the SCN. 2. Expected financial implications, if any, The total demand raised under the show cause due to compensation, penalty etc.; notice is INR 26,37,65,282/- (rounded off) including penalties under Section 73 of the UPGST / CGST Act, 2017. At present, the Company does not envisage any financial, operational, or other implications. 3. Quantum of claims, if any; As mentioned herein above at Sl. 1 & 2. Sundrop Brands Limited (Formerly known as Agro Tech Foods Limited) Registered office: 31, Sarojini Devi Road, Secunderabad- 500003, Telangana, India. Tel: 91-40-66650240 Corporate office: Tower C, 15th Floor, Building No. 10, Phase-II, DLF Cyber City, Gurugram-122002, Haryana. Tel: 0124-4593700 Web: www.sundropbrands.com; CIN: L15142TG1986PLC006957