Disclosure under Regulation 30 of Listing Regulations- Tax demand order

RSPL/BSE/2026-27/ October 10, 2026 The BSE Limited Phiroze, Jeejeebhoy Towers, Dalal Street, Mumbai-400001 Maharashtra Scrip Code: 504903 Dear Sir, Subject- Disclosure under Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 (“Listing Regulations”) read with Schedule III thereto Please note that the Company is in receipt of demand order issued by the Office of the Additional Commissioner, GST & Central Excise, Rourkela Comissionerate, Rourkela, Odisha dated October 8, 2026 and received on October 9, 2026, u/s 74 of the CGST Act, 2017, of INR 59,44,859/- (Indian Rupees Fifty-Nine Lakh Forty-Four Thousand Eight Hundred and Fifty- Nine Only). The details as required under Regulation 30 of the Listing Regulations read with Schedule III thereto and SEBI Master Circular ref. HO/49/14/14(7)2025-CFD-POD2/I/3762/2026 dated January 30, 2026, pertaining to the above Order are provided in Annexure A. You are requested to kindly take the same on your records. Thanks and regards. Yours faithfully, For Rathi Steel and Power Limited Abhishek Verma Whole Time Director DIN: 08104325 Annexure A Disclosure under Regulation 30 read with Schedule III of Listing Regulations and SEBI Master Circular ref. HO/49/14/14(7)2025-CFD-POD2/I/3762/2026 dated January 30, 2026 Name of the Authority Office of the Additional Commissioner, GST & Central Excise, Rourkela Comissionerate, Rourkela , Odisha Nature and details of the action(s) taken, or Raised a demand of INR 59,44,859/- orders(s) passed (Indian Rupees Fifty Nine Lakh Forty Four Thousand Eight Hundred and Fifty Nine Only).under Section 74 CGST Act 2017. Date of receipt of direction or order including any ad-interim or interim orders October 09, 2026 or any other communication from the authority Details of the violation (s) /contravention The alleged demand pertains to Interest on (s) committed or alleged to be committed delayed payments of GST liability for the month of January 2021. Impact on financial, operation or other No material impact on the financial, activities of the listed entity quantifiable in operational or other activities of the monetary terms to the extent possible Company can be foreseen. The Company believes that said demand is not maintainable. The Company will explore appropriate legal remedies to contest the same, as may be necessary.