Update on Ongoing Litigation - Intimation under Regulation 30 of SEBI (LODR) Regulations, 2015

Refer: MSL/BSE/NSE/ October 6, 2026 BSE Limited National Stock Exchange of India Ltd 25th Floor, Exchange Plaza, Plot no. C/1, G Block, Phiroze Jeejeebhoy Towers, Bandra-Kurla Complex, Dalal Street, Bandra (E), Mumbai 400 001 Mumbai 400 051 523371 MAWANASUG Scrip Code: Scrip Symbol: Sub: Update on Ongoing Litigation - Intimation under Regulation 30 of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015 Dear Sir, We refer to our intimation dated 19th December, 2025, wherein the Company, pursuant to Regulation 30 read with clause 20 Para A of Part A of Schedule III of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015, had informed that Mawana Sugar Works(MSW), Mawana, a unit of the Company, has received a letter on 18.12.2025 from Office of the Superintendent, Central Goods & Service Tax, Range Mawana, DIV-II, Muzaffarnagar, Uttar Pradesh. In this regard, we wish to inform you that the Company represented its case by filing an appeal against the demand notice on account of alleged wrongly availed Input Tax Credit. Pursuant the same, the Office of Commissioner, Central Goods & Services Tax (Appeals) Meerut has set aside the demand of Input Tax Credit of Rs. 4,82,792/- plus Rs.4,82,792/- penalty as per Section 74(1) of CGST Act read with Section 20 of IGST Act and interest as per section 50 of CGST Act read with Section 20 of IGST Act for availing wrong Input Credit Tax(ITC). SI. No. Particulars Details 1. the details of any/ change in The Company filed an appeal against the demand the status and/o r any notice. Upon examination of the matter, the Central development in relation to Goods & Services Tax (Appeals) accepted the such proceedings; Company's contentions and held that the allegation was not sustainable in view of the facts and evidence available on record. Accordingly, the demand of Input Tax Credit of Rs. 4,82,792/- plus Rs.4,82,792/ - penalty as per Section 7 4(1) of CGST Act read with Section 20 of IG ST Act and interest as per section 50 of CGST Act read with Section 20 of IGST Act for availing wrong Input Credit Tax(ITC) has been set aside. MAWANA SUGARS LIMITED CIN ; L74 1 OODLl 961 PLC003413 Corporate Office: Registered Office: Ploj No. 03, lnstitutionol Area 5th Floor, Kirti Mahal, 19, Rajendra Place Sector-32, Gurumam-122 001 (India) New Delhi-110125 (India) T 91-124-4447856 T 91-ll-25739103F91-ll-25743659 2. in the case of litigation Not Applicable against key management personnel or its promoter or ultimate person in control, regularly provide details of any change in the status and/ or any development in relation to such proceedings; 3. in the event of settlement of Not applicable the proceedings, details of such settlement including - terms of the settlement, compensation/ penalty paid (if any) and impact of such settlement on the financial position of the listed entity. This is for the information of the Members of the Exchange. Thanking you, Yours faithfully, For Ma�wana Sugai;l'l,tii:mH etJ:;� � ; NewDe1h)\ll i' (Ashok Kumar ShuRiaj_--{,, "}:-?J ">. ..'j ' / Company Secretary ACS-29673