General Updates

KIRLOSKAR ELECTRIC COMPANY LTD., Sect./36/2026-27 September 30, 2026 The Manager, The Manager, Corporate Relationship Department, The Listing Department, BSE Limited, National Stock Exchange of India Limited, 2nd Floor, New Trading Ring, C-1, Block ‘G’, 5th Floor, Exchange Plaza, Phiroze Jeejeebhoy Towers, Bandra Kurla Complex, Bandra (East), Dalal Street, Mumbai – 400 001. Mumbai – 400051. Scrip: 533193; ISIN: INE134B01017 Symbol: KECL; ISIN: INE134B01017; Dear Sir, Sub: Receipt of Show Cause Notice to discharge applicable tax & interest in Form DRC-01 U/S 73(1) OF THE KGST/CGST R/W IGST ACTS 2017 issued by Deputy Commissioner of Commercial Taxes (Audit)-6.4; Ref: Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 read with Para A of Part A of Schedule III & SEBI master circular no HO/49/14/14(7)2025-CFD- POD2/I/3762/2026 dated January 30, 2026; Date & time of occurrence of event: 29.09.2026 at 06:47 PM; Pursuant to Regulation 30 read with Schedule III, Part A, Para A Clause 20 of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015 (“Listing Regulations”) and Annexure 18 of SEBI master circular no HO/49/14/14(7)2025-CFD-POD2/I/3762/2026 dated January 30, 2026, this is to inform that the Company has received a show cause notice in Form DRC-01 U/S 73(1) OF THE KGST/CGST R/W IGST ACTS 2017 issued by Deputy Commissioner of Commercial Taxes (Audit)- 6.4, order dated September 29, 2026 demanding to pay Rs. 12,56,693/- (Rupees Twelve Lakh Fifty Six Thousand Six Hundred and Ninety Three Only) towards tax and interest on the same for the audit period April 2022 to March 2023. Details required under Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, read with SEBI circular HO/49/14/14(7)2025-CFD-POD2/I/3762/2026 dated January 30, 2026, are enclosed herewith as 'Annexure A'. Kindly take the above on record and oblige. Thanking you Yours faithfully For Kirloskar Electric Company Limited Mahabaleshwar Bhat Company Secretary & Compliance Officer Encl: a/a Regd. Office: No. 19, 2nd Main Road, Peenya 1st Stage, Phase -1, Peenya, Bengaluru, Karnataka, 560058 T+91 80 2839 7256, F +91 80 2839 6727; Email Id: investors@kirloskarelectric.com Customer care No. : 1800 102 8268, website: www.kirloskarelectric.com CIN: L31100KA1946PLC000415 KIRLOSKAR ELECTRIC COMPANY LTD., ANNEXURE- A Details required under Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 read with SEBI circular HO/49/14/14(7)2025-CFD-POD2/I/3762/2026 dated January 30, 2026. Sl. No. Details of events that needs to be provided Information of such events 1 Name of the authority Deputy Commissioner of Commercial Taxes (Audit)-6.4 2 Nature and details of the action(s) taken, Show Cause notice issued in Form DRC-01 U/S initiated or order(s) passed 73(1) OF THE KGST/CGST R/W IGST ACTS 2017 3 Date of receipt of direction or order, including September 29, 2026 any ad-interim or interim orders, or any other communication from the authority 4 Details of the violation(s)/contravention(s) Reduction of Outward liability, Excess claim, committed or alleged to be committed ITC Reversible etc as mentioned in the above referred notice are concluded in the demand to pay additional amount of Rs. 12,56,693/- (Rupees Twelve Lakh Fifty Six Thousand Six Hundred and Ninety Three Only) (including tax of Rs. 7,61,000/- and interest of Rs. 4,95,693/- ) related to the audit period for April 2022 to March 2023. 5 Impact on financial, operation or other There is no material impact on the financial, activities of the listed entity, quantifiable in operational or other activities of the listed monetary terms to the extent possible Company, except to the extent of demand raised above. However the Company is exploring the option to contest the demand. Regd. Office: No. 19, 2nd Main Road, Peenya 1st Stage, Phase -1, Peenya, Bengaluru, Karnataka, 560058 T+91 80 2839 7256, F +91 80 2839 6727; Email Id: investors@kirloskarelectric.com Customer care No. : 1800 102 8268, website: www.kirloskarelectric.com CIN: L31100KA1946PLC000415