Action(s) taken or orders passed

Date: 15th October, 2026 To, To, National Stock Exchange of India Limited BSE Limited (“BSE”), (“NSE”), The Listing Department Corporate Relationship Department, Exchange Plaza, 5th Floor, 2nd Floor, New Trading Ring, Plot No. C/1, G Block, Bandra-Kurla Complex P.J. Towers, Dalal Street, Bandra (East), Mumbai – 400 051. Mumbai – 400 001. NSE Symbol: STALLION BSE Scrip Code: 544342 ISIN: INE0RYC01010 ISIN: INE0RYC01010 Dear Sir/ Madam, Sub: Disclosure under Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 – GST Inspection or Search. Pursuant to Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 (‘Listing Regulations’) we inform you that inspection / search proceeding under Section 67 of the Maharashtra Goods and Services Tax Act, 2017 initiated by the Maharashtra State GST officials at the Registered Office of the Company at Mumbai. The Company extended its co-operation with the officials and provided necessary information and documents. The information as required under Clause 19 of Para A of Part A of Schedule III of the SEBI Listing Regulations read with relevant SEBI Circulars is enclosed in the Annexure I. You are requested to take the above on record. Yours Faithfully, For Stallion India Fluorochemicals Limited Govind Rao Company Secretary & Compliance Officer Membership No.: ACS 47094 Annexure – I Sr. Particulars Details 1 Name of the Authority Assistant Commissioner of State Tax, Investigation-C, Mumbai, Maharashtra. 2 Nature and details of the Inspection and search proceedings under Section 67 of the Maharashtra action(s) taken, initiated or Goods and Services Tax Act, 2017. order(s) passed 3 Date of receipt of direction or The inspection and search proceedings commenced on October 9, 2026, order, including any ad- and concluded on October 14, 2026.All compliances were voluntarily interim or interim orders, or complete and all reversals, payments have been done. any other communication from the authority 4 Details of the violation(s)/ During the course of the investigation, the following matters relating to contravention(s) committed Input Tax Credit (ITC) were identified: or alleged to be committed;  Inadmissible Input Tax Credit (ITC): Inadmissible Input Tax Credit (ITC) availed on Offer for Sale (OFS)-related expenses under Section 17(2) of the MGST Act, 2017 has been reversed.  Ineligible ITC on Rights Issue Expenses: ITC attributable to another State (Rajasthan), alleged to be ineligible under Section 20 of the MGST Act, 2017.  ITC Pertaining to Cancelled Supplier: Liability arising in respect of ITC relating to cancelled supplier.  ITC Distribution through ISD: Proper distribution of Input Tax Credit (ITC) through the Input Service Distributor (ISD) mechanism under Section 20 of the MGST Act, 2017, has been undertaken, and the ITC previously availed has been reversed.  Blocked ITC: ITC availed in GSTR-3B, alleged to be inadmissible under Section 17(5) of the MGST Act, 2017. 5 Impact on financial, operation The Company has taken appropriate steps to address the observations or other activities of the listed raised by the GST authorities and has paid the tax and interest liability entity, quantifiable in communicated in connection with the proceedings. The Company does monetary terms to the extent not anticipate any material impact on its ongoing operations or other possible business activities. The matters primarily relate to Input Tax Credit (ITC) adjustments and rectifications, major part of which is revenue-neutral, subject to the applicable tax treatment. The Company continues to take appropriate steps to ensure compliance with the applicable provisions of the GST law.