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

October 09, 2026 BSE Limited National Stock Exchange of India Limited Phiroze Jeejeebhoy Towers, Exchange Plaza, Plot No. C/1, G Block, Dalal Street, Bandra-Kurla Complex, Mumbai 400 001. Bandra (East), Mumbai 400 051. Scrip Code: 532764 Symbol: GEECEE Dear Sir/Madam, Sub: Disclosure under Regulation 30 read with Para B of Part A of Schedule III of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 (“Listing Regulations”) This is further to our earlier disclosure dated April 28, 2026, regarding the order passed by the Assessing Officer and the dismissal of the Company’s appeal by the Commissioner of Income Tax (Appeals) [“CIT(A)”] in respect of Assessment Year 2017–18 (Financial Year 2016–17). The Assessing Officer, vide order dated May 30, 2023 passed under Section 147 of the Income- tax Act, 1961 (“Act”), had made an addition of ₹13.40 crore (₹13,39,79,699) to the income of the Company for Assessment Year 2017–18 by disallowing the exemption claimed on dividend income under Section 10(35) of the Act and adding it back under Section 68 of the Act. The Company had filed an appeal against the said order before the CIT(A), which was dismissed vide order dated April 27, 2026. Subsequently, the Company filed a further appeal (ITA No. 5803/MUM/2026) before the Income Tax Appellate Tribunal, Mumbai ‘G’ Bench (“ITAT”). On October 09, 2026, the Company received an order dated October 01, 2026, passed by the ITAT in ITA No. 5803/MUM/2026, wherein the appeal filed by the Company has been allowed. The ITAT has held that the notice issued under Section 148 of the Act was invalid since the approval for issuing the same was not obtained from the specified authority prescribed under Section 151 of the Act, and has accordingly quashed the said notice and the consequential reassessment order dated May 30, 2023 as invalid and void ab initio. Accordingly, the addition of ₹13.40 crore made to the income of the Company for Assessment Year 2017–18 will be removed, subject to the consequential effect to be given by the Assessing Officer, as applicable. The Company will take the necessary steps in accordance with the aforesaid order, including following up with the Assessing Officer for giving consequential effect to the same. The details pertaining to the aforesaid order are set out in “Annexure A” enclosed herewith. Kindly take the same on your records. Thank you, Yours truly, For Geecee Ventures Limited Darshana Jain Company Secretary Membership No. A73425 Place: Mumbai Encl: a/a ANNEXURE A Sr. Particulars Details 1 Name of the opposing Assistant Commissioner of Income Tax, Mumbai party (Respondent before the ITAT) 2 Court / tribunal / agency Income Tax Appellate Tribunal, ‘G’ Bench, Mumbai where the litigation is filed – ITA No. 5803/MUM/2026 (Assessment Year 2017–18) 3 Brief details of the dispute Order dated May 30, 2023 passed by the Assessing and date of initiation Officer under Section 147 of the Income-tax Act, 1961 adding ₹13,39,79,699 to the income of the Company, by disallowing the exemption claimed on dividend income under Section 10(35) and adding it back under Section 68. 4 Status as per last Appeal dismissed by the CIT(A) vide order dated disclosure (April 28, 2026) April 27, 2026; the Company intended to appeal before the ITAT. 5 Details of any change in ITAT order dated October 01, 2026 (heard on status / development in September 02, 2026), received by the Company on the proceedings October 09, 2026, allowing the Company’s appeal. The notice under Section 148 and the consequential reassessment order dated May 30, 2023 have been quashed as invalid and void ab initio, as the approval under Section 151 was not obtained from the specified authority. 6 Litigation against key Not applicable managerial personnel, promoter(s) or the ultimate person in control 7 In the event of settlement Not applicable – the matter has not been settled of the proceedings: terms, compensation / penalty and impact 8 Expected financial Favourable. The financial impact, if any, will be implications / impact on determined once effect to the order is given. financial, operational or other activities of the Company