We hereby inform the exchange on the update of High court order, Settlement of Disputes and Removal of attachments under Regulation 30 of SEBI (LODR) Regulations, 2015. Detailed letter is enclosed.

October 01, 2026 National Stock Exchange of India Limited BSE Limited Exchange Plaza, 5th Floor, 14th Floor, PJ Towers, Bandra Kurla Complex, Dalal Street, Mumbai 400051 Mumbai 400051 SYMBOL: SEPC Scrip Code: 532945 Dear Sir/Madam, Sub : Update on the earlier intimation submitted on Order from Hon’ble High Court of Madras under Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 Ref: E.P.Nos.7 of 2024, 91 & 92 of 2023, 15 & 16 of 2025 and E.P.(SR).No.126896 of 2026 and A.Nos.2667 & 4112 of 2026 In furtherance to our previous disclosures, we would like to submit that the Hon’ble High Court of Madras, has passed a Common Order dated September 30, 2026, in the matter of above-mentioned Execution Petitions, a copy of which is enclosed with this letter. A Joint Memo of Compromise executed between the Award Holders and the Judgment Debtors (including SEPC Limited) was presented before the Hon'ble High Court. Under the terms of the compromise, the parties have mutually decided to fully resolve all their outstanding disputes for a total consideration. In pursuance to SEBI circular numbered SEBI/HO/CFD/CFD-PoD-1/P/CIR/2023/123 dated July 13, 2023, details to be disclosed regarding the aforesaid order is annexed in Annexure I to this intimation. We request you to take the aforesaid on records. Thanking you, Yours faithfully, For SEPC Limited T Sriraman Company Secretary & Compliance Officer Encl: a.a. Annexure I 1. Name of the authority Hon’ble High Court of Madras 2. Nature and details of the Vide Common Order dated. 30-09-2026, the Hon’ble action(s) taken, initiated or High Court of Madras had ordered following directions order(s) passed 1. Settlement Consideration: The payment consists of a Demand Draft for Rs. 147 Crores (drawn on Axis Bank) submitted today, and a remaining balance of Rs. 2.5 Crores currently lying to the credit of the Court in A. No. 1812 of 2026, which has been agreed to be paid over to the Award Holders. 2. Termination of Proceedings: In light of the settlement, the Hon'ble High Court has officially terminated all the listed and un-numbered Execution Petitions and closed all connected pending applications. 3. Lifting of Attachments: Consequent to the termination of the Execution Petitions, all interim attachments made under these petitions stand completely raised. The Joint Memo of Compromise shall form an integral part and parcel of the Court's order. With this settlement, all long-standing disputes and associated execution liabilities under the captioned petitions stand fully concluded and settled. 3. Date of receipt of direction or order, including any ad- 30th September, 2026 interim or interim orders, or any other communication from the authority 4. Details of the violation(s)/contravention(s) committed or alleged to be committed 5. Impact on financial, • Direct Monetary Outflow: Nil (Paid entirely by JD- operation or other activities 1 under a 2015 indemnity agreement). of the listed entity, • Monetary Value Unlocked: The Attachment of quantifiable in monetary Receivables to the tune of Rs.154 crores has been terms to the extent possible removed with immediate effect • Banking Operations Impact: The restrictions on banking operations have been completely raised with immediate effect EP Nos. 91, 92 of 2023, 7 of 2024, 15 & 16 of 2025 IN THE HIGH COURT OF JUDICATURE AT MADRAS DATED: 30-09-2026 CORAM THE HON'BLE MR.JUSTICE K.KUMARESH BABU EP Nos. 91, 92 of 2023, 7 of 2024, 15 & 16 of 2025 E.P.(SR).No.126896 of 2026 A.Nos.2667 & 4112 of 2026 EP No. 91 of 2023 1. GPE (India) Ltd, a company registered in Mauritius, having its address at c/o SGG Fund Services (Mauritius) Ltd., 33, Edith Cavell Street, Port Louis, Mauritius, Represented by its Authorised Signatory Mr. Abhinav Jain. 2. GPE JV1 Ltd, a company registered in Mauritius, having its address at c/o SGG Fund Services (Mauritius) Ltd., 33, Edith Cavell Street, Port Louis, Mauritius, Represented by its Authorised Signatory Mr. Abhinav Jain. 3. Gaja Trustee Company Private Limited, a company incorporated in India, having its corporate address at 1402, Tower 2 B, One World Centre, Senapati Bapat Marg, Lower Parel, Mumbai 400 013, trustee of Gaja Capital India Fund-I, a SEBI registered venture capital fund registered as Venture Capital Fund under SEBI (Venture Capital Funds) Regulations, 1996 Represented by its Authorised Signatory Mr. Abhinav Jain. ..Petitioner(s) 1. Twarit Consultancy Services Private Limited, a company registered in India, having its Page 1 of 13 https://www.mhc.tn.gov.in/judis EP Nos. 91, 92 of 2023, 7 of 2024, 15 & 16 of 2025 address at 14, Tiruvallur Street, Rangarajapuram, Kodambakkam, Chennai, Tamil Nadu, India. 2. SEPC Limited (formerly Shriram EPC Limited)a company registered in India, having its address at 4th Floor, Bascon Futura SV It Park Venkatanarayana Road, Parthasaraty Puram, T.Nagar Chennai, Tamil Nadu - 600 017. 3. Axis Bank Limited, having registered office at Trishul-Opp. Samartheshwar Temple Law Garden, Ellis Bridge, Ahmedabad - 380 006. 4. Axis Bank Limited, having registered office at Corporate Banking Branch, Clubhouse Road, Anna Salai, Chennai - 600 002. 5. Axis Bank Limited, having registered office at Om Nagnath Complex, Rajkot Road, Amerli, Gujarat. 6. Punjab National Bank, having registered office at P-22, Bondal Road, Gariahat, Kolkata- 700 019. 7. Axis Bank Limited, having registered office at Rashbehari Avenue, Kolkata - 700 026. 8. Indian Bank, having registered office at No.7, Prakasam Road, T.Nagar, Chennai - 600 017. 9. Bank of India Chennai Corporate Banking Branch, 4th Floor, Tarapore Tower, Anna Salai, Chennai - 600 002. 10. Punjab National Bank, having registered office at VOP GUDA Bhagwandas, Nagpur Branch, Page 2 of 13 https://www.mhc.tn.gov.in/judis EP Nos. 91, 92 of 2023, 7 of 2024, 15 & 16 of 2025 Nagpur - 341 001. 11. Punjab National Bank, having registered office at Large Corporate Branch, Royala Tower, Chennai - 600 002. 12. Axis Bank Limited, having registered office at North Church Road, Near Gandhi Maidan, Gaya, Bihar - 823 001. 13. Punjab National Bank, having registered office at Calicut-Cherooty Road, Kozhikode -673 001. 14. Yes Bank Limited, having registered office at No-108, Ground Floor, Lanser, Westminster, RK Salai, Mylapore, Chennai – 04. 15. Central Bank of India, having Corporate Finance Branch at Addison Building, 803, Anna Salai, Chennai -600 002. 16. South India Bank, having address at 110, Raheja towers, 177, Anna Salai, Chennai - 600 002. 17. Indusind Bank, having address at No.3, Village Road, Nungambakkam, Chennai. 18. ICICI Bank, having address at No.110, Prakash Presidium, Nungambakkam High Road, Chennai - 600 034. 19. Bank of Maharashtra, having address at No.18, ALI Centre, Mount Road Branch, Greams Road, Opp. MRF, Chennai - 600 006. 20. Exim Bank of India having address at Centre One Building, Floor 21, Trade Centre Complex, Cuffee Parade Mumbai 400 005. 21. DBS Bank India Ltd, Page 3 of 13 https://www.mhc.tn.gov.in/judis EP Nos. 91, 92 of 2023, 7 of 2024, 15 & 16 of 2025 No.275, Thambu Chetty Street, PB 1847, George Town, Chennai – 600 001. 22. Federal Bank Ltd., No.27, 6th Floor, Akshaya Shanthi, Anna Salai, Chennai – 600 002. 23. IDBI Bank Ltd.115, Anna Salai, PB 805, Saidapet, Chennai - 600 015. 24. State Bank of India, Bombay Mutual Building, No.232, NSC Bose Road, Chennai -600 001. 25. Union Bank of India, No.38 and 39 Whites Road Branch, Royapettah, Chennai - 600 014. 26. Bank of Baroda Ground Floor, No.123, Rukmani Lakshmipathi Road, Dugar Towers, Egmore, Chennai – 600 008. 27. Axis Bank Limited, Essel Tower Ground Floor, Bunts Hostel Circle, Mangalore-575 003. 28. Axis Bank Limited, Ground Floor, Indira Aprt, Shop No.7A, 7B, Govandi Station Road, Govandi East, Mumbai-400 188 (Tespondent Nos.27, 28/garnishees Are Added As Per Order Dated 10.02.2025 In A.No.559 Of 2025) (Respondent Nos. 5, 6, 14, 20, 21, 22 and 26 /garnishees Are Struck Off [Showing first 8,000 characters — download PDF for full document]