Disclosure under Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 - Demand Order issued by the Assistant Commissioner of Income Tax.

October 01, 2026 BSE Limited National Stock Exchange of India Limited Corporate Relationship Department, Listing Department, Phiroze Jeejebhoy Towers, Exchange Plaza, Dalal Street, Bandra Kurla Complex, Bandra (E), Mumbai – 400 001. Mumbai – 400 051 SCRIP CODE: 503960 SCRIP SYMBOL: BBL Dear Sir / Madam, Sub.: Disclosure under Regulation 30 of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015 (“Listing Regulations”) Pursuant to Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirement) Regutations,2015, we would like to inform you that the Company has received a Demand Order, issued by the Assistant Commissioner of Income Tax. The details as required under Regulation 30 read with Para A (20) of Part A of Schedule III, of the Listing Regulations, are as below: Name of the Authority Assistant Commissioner of Income Tax -6(1)(2). Nature and details of the action(s) Company received a Demand Order under Section 154 of taken, initiated or order(s) passed the Income Tax Act, 1961, for the Assessment Year 2020- 2021, resulting in a demand of ₹58,30,903/- payable by the Company. The demand arises in connection with excess refund issued earlier and consequential adjustment / re-computation of interest under Section 244A of the Income-Tax Act, 1961. Date of receipt of direction or order, September 28, 2026 (uploaded on Income Tax e-Filing including any ad-interim or interim Site). orders, or any other communication from the authority Details of the There is no violation or contravention has been alleged violation(s)/contravention(s) against the Company. The demand relates to excess committed or alleged to be refund received earlier and consequential adjustment / re- committed computation of interest under Section 244A of the Income- Tax Act, 1961. Impact on financial, operation or The Order has resulted in a tax demand of ₹58,30,903/- other activities of the listed entity, payable by the Company. The Company shall take quantifiable in monetary terms to necessary steps for discharge of the said demand in the extent possible accordance with the applicable provisions of the Income- tax Act, 1961. There is no material impact on the operations of the Company on account of the said Order. Reason for delay The amount mentioned in Demand Order under Section 154 is different as compared to the outstanding demands as per the E-filing Site. The Officer has raised an internal ticket for the same. You are requested to take the same on your record. Thanking you, Yours sincerely, For Bharat Bijlee Limited Durgesh N. Nagarkar Company Secretary & Senior General Manager, Legal