BSECompany Update1d ago · 1 Oct 2026, 07:09 pm

Enclosed herewith intimation regarding receipt of a Show Cause-cum-Demand Notice from the GST Department under Regulation 30 of the SEBI Listing Regulations.

Advance Agrolife Ltd · 544562

✦ AI SummaryRegulatory

Advance Agrolife Ltd has received a Show Cause-cum-Demand Notice from the GST Department under Regulation 30 of the SEBI Listing Regulations, alleging short payment of GST for FY 2022-23. The proposed demand is INR 1.84 Crores, interest of INR 1.20 Crores, and penalty of INR 18.53 Lakhs, aggregating to approximately INR 3.23 Crores.

Analysis Scores

Earnings Impact2/10
Growth Catalyst1/10
Governance Concern2/10
Regulatory Risk8/10
Balance Sheet Risk2/10
Liquidity Impact5/10
Market Sentiment3/10

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Advance Agrolife Ltd - 544562 - Disclosure Under Regulation 30 Of The Securities And Exchange Board Of India (Listing Obligations And Disclosure Requirements) Regulations, 2015 (''''SEBI Listing Regulations'''')

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ADVANCE AGROLIFE LIMITED/ (FORMERLY KNOWN AS ADVANCE AGROLIFE PRIVATE LIM| ADVANCE/SECRETARIAL/2026-27/65 October 01,2026 BSE Limited National Stock Exchange of India Limited Phiroze Jeejeebhoy Towers, Exchange Plaza, C-1, Block G, Dalal Street, Bandra Kurla Complex, Bandra (E), Mumbai — 400 001 Mumbai — 400 051 Maharashtra Maharashtra Scrip Code:544562 Symbol: ADVANCE Dear Sir/Madam, Sub: - Disclosure of information under Regulation 30 of the SEBI (Listing Obligations and Disclosure Re: ments) Regulations, 2015 Pursuant to Regulation 30 SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 (‘Listing Regulations’) read with sub-para (8) of Para (B) of Part (A) of Schedule Il of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, we hereby inform you that the Company has received a Show Cause-cum- Demand Notice from the Office of Deputy Commissioner, Circle-Bagru-dudu, Jaipur-V, in respect of the Financial Years 2022-23. The information in terms of 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 | to this letter. This is for your information and records. Thanking you, Yours Faithfully, For Advance Agrolife Limited (Formerly known as Advance Agrolife Private Limited) Digitally signed by NISHA NISHA GUPTA Date: 2026.10.01 GUPTA 18:52:54 +05'30' Nisha Gupta Company Secretary & Compliance officer Membership No. A42708 Regd. Office : E-39, RIICO Industrial Area CIN No. : L24121RJ2002PLCO1 7467 Corp. Office: 301, Third Floor 140-8 Bagru-303007 Jaipur Website :w ww.advanceagrolife.com Pandit Tn Mishra Marg Rajasthan, India Email : info@advanceagrolife.com Nirman Nagar-302019 Jaipur Rajasthan, India Contact No.:0141-4810126 ADVANCE AGROLIFE LIMITEDI (FORMERLY KNOWN AS ADVANCE AGROLIFE PRIVATE LIMITED) Annexure —1| Pendency of any litigation(s) or dispute(s) or the outcome thereof which may have an impact on the listed entity: Particulars Details At the time of becoming the party: Brief details of litigation viz. name(s) of the opposing The Company has received a Show Cause Notice dated party, court/ tribunal/agency where litigation is filed, 30" September 2026 from the State Goods and brief details of dispute/litigation Services Tax Department, Government of Rajasthan, through the Deputy Commissioner, Circle Bagru-Dudu, Jaipur-V, under Section 73(1) of the CGST Act, 2017 and RGST Act, 2017 read with Section 20 of the IGST Act, 2017 and Section 11 of the Goods and Services Tax (Compensation to States) Act, 2017. The notice alleges short payment of GST for FY 2022-23 arising from differences between e-way bill data and GST returns filed by the Company and proposes recovery of tax, interest and penalty. Expected financial implications, if any, due to The financial impact of the show cause cum demand compensation, penalty etc. notice is to the extent of the Demand, Penalty and Interest proposed, but there is no material impact on the Company. The Company is in process of filing a reply in the said matter. This, being a Show Cause Notice, is open for further submissions before the relevant authorities and the Company is in the process of responding to the same within the stipulated time as mentioned therein. Quantum of claims, if any; Proposed GST demand of INR 1.84 Crores, interest of INR 1.20 Crores and penalty of INR 18.53 Lakhs, aggregating to approximately INR 3.23 Crores. NISHA Digitally signed by NISHA GUPTA GUPTA Date: 2026.10.01 18:53:27 +05'30" Regd. Office: E-39, RIICO Industrial Area Corp. Office: 301, Third Floor 140-B CIN No. : L24121RJ2002PLCO1 7467 Bagru-303007 Jaipur Website : www.advanceagrolife.com Pandit Tn Mishra Marg Rajasthan, India Email: info@advanceagrolife.com Nirman Nagar-302019 Jaipur Rajasthan, India Contact No.:0141-4810126