Disclosure under Regulation 30 - receipt of an adjudication order from Additional Commissioner of Customs (NS-V), JNCH, Nhava Sheva.

October 17, 2026 BSE Limited National Stock Exchange of India Ltd. Phiroze Jeejeebhoy Towers, Exchange Plaza, C-1, Block G, Dalal Street, Bandra Kurla Complex, Mumbai – 400 001 Bandra (East), Mumbai – 400 051 Scrip code: 502219 Symbol: BORORENEW Sub: Disclosure under Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 – Receipt of an adjudication order from Additional Commissioner of Customs (NS-V), JNCH, Nhava Sheva Dear Sirs, This is to inform you that, the Company is in process of importing a large quantum of plant & machinery related to its new Solar Glass manufacturing project. Our tariff classification of a small portion of this import has not been accepted by the custom authorities and they have levied redemption fine & penalty for release of these goods. The details pursuant to sub-para 20 of Para A of Part A of Schedule III read with SEBI Master Circular No. HO/49/14/14(7)2025-CFD-POD2/I/3762/2026 dated January 30, 2026, are provided below: Sr. No. Particulars Details 1 Name of the authority Additional Commissioner of Customs (NS- V), Jawaharlal Nehru Custom House (JNCH), Nhava Sheva 2 Nature and details of the action(s) The Adjudicating Authority, vide its Order taken or order(s) passed dated October 15, 2026, has passed the following against the Company: a. Rejected the declared description/classification of the imported goods b. Confiscated, under Section 111(m) of the Customs Act, 1962, the seized goods valued at Rs. 14,14,43,335/-, with an option of redemption on payment of a fine of Rs. 30,00,000/- under Section 125(1) of the Customs Act, 1962. c. Imposed a penalty of Rs. 30,000 on the Company under Section 112 (a) (ii) of the Customs Act, 1962. d. Imposed a penalty of Rs. 30,00,000 on the Company under Section 114AA of the Customs Act, 1962. 3 Date of receipt of direction or order, October 16, 2026 including any ad-interim or interim orders, or any other communication from the authority 4 Details of the violation(s)/ Classification of the Imported capital goods contravention(s) committed or under an incorrect Custom Tariff Item (CTI) alleged to be committed 5 Impact on financial, operation or The aggregate financial impact comprising other activities of the listed entity, redemption fine and penalty, as set out quantifiable in monetary terms to the above, will not have any material impact on extent possible the Company’s operations. The Company is making payment of redemption fine & penalty under protest and intends to avail appropriate legal recourse by filing an appeal before the Commissioner of Customs (Appeals). The Company will update the Stock Exchanges of material development, if any, in the aforesaid matter in future. The additional information pursuant to Industry Standards Note on Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 are provided in Annexure A. The above information is also available on the website of the Company: www.borosilrenewables.com Kindly take the same on record. Yours faithfully, For Borosil Renewables Limited Kishor Talreja Company Secretary and Compliance Officer Membership no. FCS 7064 Page 2 of 5 Annexure A October 17, 2026 BSE Limited National Stock Exchange of India Ltd. Phiroze Jeejeebhoy Towers, Exchange Plaza, C-1, Block G, Dalal Street, Bandra Kurla Complex, Mumbai – 400 001 Bandra (East), Mumbai – 400 051 Scrip code: 502219 Symbol: BORORENEW Dear Sirs, In respect of the captioned matter, I, the undersigned, state and declare that the information and details provided in Form A, in compliance with Regulation 30(13) of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, is true, correct and complete to the best of my knowledge and belief. Kindly take the above information on record. Yours faithfully, For Borosil Renewables Limited Kishor Talreja Company Secretary and Compliance Officer Membership no. FCS 7064 Page 3 of 5 Form A Disclosure by Borosil Renewables Limited regarding receipt of communication from regulatory, statutory, enforcement or judicial authority under the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 [Regulation 30(13) – Disclosure of communication from regulatory, statutory, enforcement or judicial authority] Sr. Particulars Details 1. Name of the listed company Borosil Renewables Limited 2. Type of communication received Order directing confiscation of the seized capital goods, with an option to release the same by payment of redemption fine and penalty 3. Date of receipt of communication October 16, 2026 4. Authority from whom Additional Commissioner of Customs (NS-V), communication received Jawaharlal Nehru Custom House (JNCH), Nhava Sheva. 5. Brief summary of the material The Adjudicating Authority, vide its Order dated contents of the communication October 15, 2026, has passed the following received, including reasons for against the Company: receipt of the communication a. Rejected the declared description/classification of the imported goods b. Confiscated, under Section 111(m) of the Customs Act, 1962, the seized goods valued at Rs. 14,14,43,335/-, with an option of redemption on payment of a fine of Rs. 30,00,000/-under Section 125(1) of the Customs Act, 1962. c. Imposed a penalty of Rs. 30,000 on the Company under Section 112 (a) (ii) of the Customs Act, 1962. d. Imposed a penalty of Rs. 30,00,000 on the Company under Section 114AA of the Customs Act, 1962. 6. Period for which communication NA would be applicable, if stated 7. Expected financial implications on The aggregate financial impact comprising the listed company, if any redemption fine and penalty, as set out above, will not have any material impact on the Company’s operations. 8. Details of any aberrations/non- Classification of the Imported goods under an compliances identified by the incorrect Custom Tariff Item (CTI) authority in the communication 9. Details of any penalty or restriction Please refer to Point No.5 above or sanction imposed pursuant to the communication Page 4 of 5 10. Action(s) taken by listed company The Company is making payment of redemption with respect to the communication fine & penalty under protest and intends to avail appropriate legal recourse by filing an appeal before the Commissioner of Customs (Appeals). 11. Any other relevant information Nil Yours faithfully, For Borosil Renewables Limited Kishor Talreja Company Secretary and Compliance Officer Membership no. FCS 7064 Page 5 of 5