General Updates

Date: 14/10/2026 National Stock Exchange of India Ltd. BSE Limited Exchange Plaza, Bandra Kurla Complex, Phiroze Jeejeebhoy Towers, Bandra (East), Mumbai- 400 051 Dalal Street, Mumbai- 400 001 Symbol: MOREPENLAB Scrip Code: 500288 Subject: Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 (“SEBI Listing Regulations”) Dear Sir/Madam, Reference is invited to the Company’s earlier intimations dated 4th December 2025 and 8th January 2026 regarding the Show Cause Notice (“SCN”) issued by the Office of the Commissioner, Central GST & Central Excise Commissionerate, Shimla, seeking recovery of ₹117,94,03,452/- towards excess GST refund, along-with applicable interest and penalty, and the stay granted thereon by the Hon’ble High Court of Himachal Pradesh at Shimla, respectively. The Hon’ble High Court, vide its judgment and order dated 12th October 2026, received by the Company on 14th October 2026 at 3:00 p.m., quashed the aforesaid SCN and disposed of the writ petition in favour of the Company. The details as required under the SEBI Listing Regulations read with SEBI master Circular no. HO/49/14/14(7)2025-CFD-POD2/I/3762/2026 dated 30th January 2026 and Industry Standards Note, is given in the Annexure. I, the undersigned, hereby declare that the information and details provided in the Annexure are true, correct, and complete to the best of my knowledge and belief, in compliance with Regulation 30(13) of the SEBI Listing Regulations. The above is for your information and records. Thanking you, Yours faithfully, For Morepen Laboratories Limited Vipul Kumar Srivastava Company Secretary F-12148 Encl.: a/a Morepen Laboratories Limited CIN NO. L24231 HP1984PLC006028 Corp. Off.: 2nd Floor, Tower C, DLF Cyber Park, Udyog Vihar-III, Sector-20, Gurugram, Haryana-122016, INDIA TEL.: +91 124 4892000, E-mail: corporate@morepen.com, Website: www.morepen.com Regd. Off.: Morepen Village, Malkumajra, Nalagarh Road, Baddi, Distt. Solan (H.P.) -173205, INDIA Tel.: +91 1795 266401-03, 244590, Fax: +91 1795 244591, E-mail: plants@morepen.com Annexure Disclosure in terms of Regulation 30 read with SEBI master Circular No. HO/49/14/14(7)2025-CFD POD2/I/3762/2026 dated 30th January 2026 and Industry Standards Note. Sr. No. Particulars Details 1. Name of the authority; Hon’ble High Court of Himachal Pradesh at Shimla. 2. Nature and details of the The Hon’ble High Court of Himachal Pradesh at action(s) taken, or order(s) Shimla, vide its judgment and order dated 12th passed; October 2026, quashed the Show Cause Notice (“SCN”) issued by the Office of the Commissioner, Central GST & Central Excise Commissionerate, Shimla, on 2nd December 2025, seeking recovery of ₹117,94,03,452/- towards excess GST refund, along with applicable interest and penalty. Accordingly, the Hon’ble High Court disposed of the writ petition in favour of the Company. 3. Date of receipt of direction or Order dated 12th October 2026, received on 14th order, including any ad-interim October 2026 at 3.00 p.m. or interim orders, or any other communication from the authority; 4. Details of the The SCN alleged that the Company had violation(s)/contravention(s) contravened Section 54 of the CGST Act, 2017, committed or alleged to be read with Rule 89 of the CGST Rules, 2017, by committed; erroneously claiming an excess GST refund under Rule 89(4) of the CGST Rules, 2017. 5. Impact on financial, operation or There is no impact on financials, operations or other activities of the listed other activities of the company. entity, quantifiable in monetary terms to the extent possible. Morepen Laboratories Limited CIN NO. L24231 HP1984PLC006028 Corp. Off.: 2nd Floor, Tower C, DLF Cyber Park, Udyog Vihar-III, Sector-20, Gurugram, Haryana-122016, INDIA TEL.: +91 124 4892000, E-mail: corporate@morepen.com, Website: www.morepen.com Regd. Off.: Morepen Village, Malkumajra, Nalagarh Road, Baddi, Distt. Solan (H.P.) -173205, INDIA Tel.: +91 1795 266401-03, 244590, Fax: +91 1795 244591, E-mail: plants@morepen.com