Intimation regarding withholding of final dividend for the FY 2025-26 due to non submission/non updation of KYC details including bank account

SMIL: BSE/NSE: 26-27/2110/01 Date: October 21, 2026 BSE Limited National Stock Exchange of India Limited Phiroze Jeejeebhoy Towers, Exchange Plaza, Dalal Street, Fort, Bandra Kurla Complex, Bandra (East), Mumbai 400001 Mumbai 400051 Stock Code: 535602 Stock Code: SHARDAMOTR Subject: Intimation to shareholders regarding non-credit of Dividend for FY 2025-26 Ref: Intimation under Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 Pursuant to Regulation 30 of Listing Regulations read with relevant Circulars issued by SEBI in this regard, please find attached specimen of communication being sent to those shareholders whose dividend for the financial year 2025-26 have been withheld due to non-submission of KYC documents or whose dividend could not be processed electronically due to incomplete/incorrect bank account details available in the records of the Registrar & Transfer Agent ‘(RTA’)/Depositories. This is for your information and record. Sharda Motor Industries Limited Yours faithfully, Iti Goyal Asst. Company Secretary and Compliance Officer SHARDA MOTOR INDUSTRIES LIMITED CIN: L74899DL1986PLC023202 Regd. Office: D-188, Okhla Industrial Area, Phase - I, New Delhi - 110020 Phone : +91-11-47334100, Fax: +91-26811676; E-mail: investorrelations@shardamotor.com; Website: www.shardamotor.com Name of the Shareholder : DPID Client ID/Folio No: Dear Member, Subject: Intimation regarding withholding of Final Dividend for FY 2025-26 due to non- submission/ non-updation of KYC details (including details of bank account) We are pleased to inform you that at the 41st Annual General Meeting of the Company held on Thursday, September 24, 2026, the members approved dividend of Rs. 20 per equity share (i.e., 1000%) of the face value of Rs. 2/- each for FY 2025-26 with Friday, September 18, 2026, as the Record Date to receive the aforesaid dividend in electronic mode only. However, pursuant to the SEBI Master Circular No. HO/38/13/(4)2026-MIRSDPOD/ I/4298/2026 dated February 6, 2026 (including earlier related circulars) and the SEBI (Listing Obligations and Disclosure Requirements) (Fifth Amendment) Regulations, 2025 (SEBI Listing Regulations), payment of dividend through any mode other than electronic mode is discontinued. As per records, your folio/demat account is not KYC compliant or the dividend couldn’t be processed electronically due to incorrect/incomplete bank account details available with RTA/Depositories as per details below:- Folio No/Demat Account No. of Equity shares held as on Record date Dividend Per Equity share (Rs.) Gross Dividend (Rs.) Percentage of tax Tax Deducted (Rs) Net Dividend (Rs.) Status of Final dividend payment Reason for withholding Final dividend payment You are requested to complete you KYC details including complete Bank account and email address. The KYC details may be updated as under: a) Shareholders holding shares in physical form are required to submit duly filled and signed Form ISR-1 and ISR-2 along with self-attested supporting documents. b) Shareholders holding shares in dematerialized form are required to update their KYC details with their respective Depository Participants (DPs). Further, the shareholders may download KYC forms from website of the company at https://www.shardamotor.com/investor-relations/investor-forms/ or https://www.alankit.in/isr- forms.aspx. The shareholders holding share in physical form can forward the hard copies of duly filled-in and signed form(s) along with self-attested copies of relevant documentary proofs as mentioned in the respective forms, to the following address: Lalita Prasad Nitin Vishnoi Alankit Assignments Ltd, Executive Director and Company Secretary, Alankit Heights,1E/13 D-188, Okhla Industrial Area, Phase-I, Jhandewalan Extension, New Delhi-110055 New Delhi, Delhi 110020 Contact No. +91-1142541234,23541234 Contact No. +91-1147334100 E-mail Id: info@alankit.com E-mail Id: nitin.vishnoi@shardamotor.com Upon successful updation of KYC details, the shareholder may submit a request to the RTA at the above address, for the Company to release the unpaid dividend through electronic mode. This communication may be treated as a specific intimation regarding withholding of dividend and the requirement to update KYC details in accordance with applicable SEBI Master Circular and SEBI Listing Regulations. Yours faithfully, For Sharda Motor Industries Limited Sd/- Iti Goyal Asst. Company Secretary and Compliance Officer