Forfeiture of Bank Guarantee by Maharashtra Pollution Control Board

October 22, 2026 The Compliance Manager The Manager, Listing Department BSE Limited National Stock Exchange of India Limited Corporate Relationship Department, Exchange Plaza, Plot No. C/1, G Block, Phiroze Jeejeebhoy Towers, Bandra-Kurla Complex, Dalal Street, Mumbai 400001. Bandra (East), Mumbai 400051. Scrip Code: 500655 Trading Symbol: GRWRHITECH Dear Sir / Madam, Sub: Intimation under Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 – Forfeiture of Bank Guarantee by Maharashtra Pollution Control Board. Pursuant to Regulation 30 read with Clause 20 of Para A, Part A of Schedule III of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, we inform you that the Company has received a communication from Maharashtra Pollution Control Board on October 21, 2026 vide its letter dated October 19, 2026 informing that the Maharashtra Pollution Control Board ("MPCB") has forfeited Bank Guarantee of ₹25 Lakhs, furnished by the Company in favour of MPCB, for alleged non-compliance of consent conditions. Details required under Regulation 30 of the SEBI Listing Regulations read with SEBI Master Circular HO/49/14/14(7)2025-CFD-POD2/I/3762/2026 dated January 30, 2026, are provided in the enclosed Annexure. The above is for your information and record. For Garware Hi-Tech Films Limited Awaneesh Srivastava Company Secretary FCS 8513 GARWARE HI-TECH FILMS LIMITED CORPORATE OFFICE: GARWARE HOUSE, 50-A, SWAMI NITYANAND MARG VILE PARLE (EAST), MUMBAI – 400 057. TEL: 0091-22-6698 8000 (15 LINES) WEBSITE: www.garwarehitechfilms.com CIN: L10889MH1957PLC010889 REGD. OFFICE: NAIGAON, P.O. WALUJ, CHHATRAPATI SAMBHAJI NAGAR – 431 133 (INDIA) ANNEXURE Details required under Regulation 30 of the SEBI Listing Regulations read with SEBI Master Circular HO/49/14/14(7)2025-CFD-POD2/I/3762/2026 dated January 30, 2026 are as follows: Sr. Particulars Details / Disclosures 1 Name of the Maharashtra Pollution Control Board (MPCB) Authority 2 Nature and details of MPCB’s forfeited the Bank Guarantee the action(s) taken, amounting to ₹25 Lakhs furnished by the initiated or order(s) Company as part of its consent conditions. passed 3 Date of receipt of Communication received from Maharashtra direction or order, Pollution Control Board on October 21, 2026, including any ad- vide its letter dated October 19, 2026. interim or interim orders, or any other communication from the authority 4 Details of the MPCB has forfeited the Bank Guarantee of ₹25 violation(s) / Lakhs citing alleged non-compliances of contravention(s) consent conditions observed during a committed or alleged personal hearing at site. to be committed However, the company has already taken effective steps and necessary compliance has been done and same has been informed to the MPCB. 5 Impact on financial, The immediate financial impact is limited to operation or other the encashment value of Bank Guarantee of activities of the listed ₹25 Lakhs. entity, quantifiable in monetary terms to There is no material impact on the business the extent possible operations or any other activities of the Company due to the aforesaid Bank Guarantee forfeiture. GARWARE HI-TECH FILMS LIMITED CORPORATE OFFICE: GARWARE HOUSE, 50-A, SWAMI NITYANAND MARG VILE PARLE (EAST), MUMBAI – 400 057. TEL: 0091-22-6698 8000 (15 LINES) WEBSITE: www.garwarehitechfilms.com CIN: L10889MH1957PLC010889 REGD. OFFICE: NAIGAON, P.O. WALUJ, CHHATRAPATI SAMBHAJI NAGAR – 431 133 (INDIA)