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

The Corporate Relationship Department, National Stock Exchange of India Limited BSE Limited “Exchange Plaza” 1st Floor, New Trading Ring Rotunda Building, P.J. Bandra-Kurla Complex Towers Bandra (E) Dalal Street, Mumbai 400 051 Mumbai 400 001 Scrip Code- 503806 Scrip Code-SRF SRF/SEC/BSE/NSE 1.10.2026 Sub: Disclosure under Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 Dear Sir, Pursuant to Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 ("SEBI LODR Regulations"), we wish to inform you that the Company has received a show cause notice from the Additional Commissioner, CGST & Central Excise, Vadodara-II Commissionerate, issued under Section 73 of the Central Goods and Services Tax Act, 2017. The show cause notice, dated September 29, 2026, pertains to the alleged disallowance of certain Input Tax Credit ("ITC") for the financial years 2022-23 and 2023-24, aggregating to ₹266.32 crore. The Company is in the process of reviewing the show cause notice and shall submit an appropriate response before the concerned authority in compliance with applicable laws. The Company believes that the allegations made in the show cause notice are not legally tenable and intends to contest the matter before the appropriate legal forum appropriately. The details as required under SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 read with SEBI Circular No. HO/49/14/14(7)2025-CFDPOD2/I/3762/2026 dated 30th January, 2026 is given below: a. Brief details of litigation/dispute viz. • name(s) of the opposing party, • Additional Commissioner, CGST & Central Excise, Vadodara-II Commissionerate • The Company will reply to this show cause notice before • court/ tribunal/agency where appropriate forum. litigation is filed, • The Department has alleged that certain ITC availed by • brief details of dispute/litigation; the Company is not eligible on account of mismatch between ITC claimed in statutory GST returns and ITC reflected in the auto-generated statement available on the GST portal. Accordingly, demand of GST along with applicable interest and penalty has been proposed. b. expected financial implications, if any, due to The Company is in the process of reviewing the show cause compensation, penalty etc. notice and will take appropriate steps to submit a suitable reply. In our view this Show cause notice is not sustainable and will have no financial impact. c. quantum of claims, if any; Not Applicable Kindly take this intimation on record. Thanking you, Yours faithfully, For SRF Limited Rajat Lakhanpal Sr. Vice President (Corporate Compliance) & Company Secretary