With reference to our earlier disclosure dated March 26, 2026, regarding the Show Cause Notice in Form GST DRC-01 issued by the GST Department in respect of FY 2023-24 and FY 2024-25, we wish to inform you that the Company has received an Order-in-Original from the office of the Additional Commissioner, Central GST and Central Excise, Surat Commissionerate, through email on October 25, 2026 and the requisite information under the said regulation is annexed.

October 26, 2026 The Manager Department of Corporate Services BSE Ltd. 25th Floor, P. J. Towers, Dalal Street, Mumbai-400001. Scrip Code –542862 Sub: Disclosure under Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 - Update regarding Order-in-Original received in connection with GST Show Cause Notice Dear Sir/Madam, With reference to our earlier disclosure dated March 26, 2026, regarding the Show Cause Notice in Form GST DRC-01 issued by the GST Department in respect of FY 2023-24 and FY 2024-25, we wish to inform you that the Company has received an Order-in-Original dated October 23, 2026, bearing Order No. SURAT/GST/ABS/52/2026-27, from the office of the Additional Commissioner, Central GST and Central Excise, Surat Commissionerate, through email on October 25, 2026. Information as required under Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 read with Schedule III and the SEBI Master Circular No. HO/49/14/14(7)2025-CFD-POD2/I/3762/2026 dated January 30, 2026, on the above-mentioned Order-in-Original is enclosed as an Annexure A. In compliance of Regulation 46 of the Listing Regulations, the information is also being hosted on the website of the Company at www.shahlon.com. Kindly take the same on record. Thanking you. Yours faithfully, For Shahlon Silk Industries Limited Hitesh Garmora Company Secretary & Compliance Officer Membership No. ACS 16160 Encl: As above Reg. & Corp. off: Plot no. 5, C.S. Nondh No. CIN : L17120GJ2008PLC053464 Tel. : +91 261 2635551 – 53 451/A, R.S. No. 33/1 paiki, Nr. Narendra Dyeing E-mail : :info@shahlon.com +91 261 3603200 Web : www.shahlon.com Mill, B/h. Old Sub-Jail, Khatodara, Ring Road, Surat-395002, Gujarat. Annexure - A Disclosure of information pursuant to Regulation 30 SEBI LODR Regulations read with SEBI Master Circular No. HO/49/14/14(7)2025-CFD-POD2/I/3762/2026 dated January 30, 2026 Name of the Authority Additional Commissioner, Central GST and Central Excise, Surat Commissionerate Nature and details of the action(s) taken, Order-in-Original dated October 23, initiated or order(s) passed 2026, bearing Order No. SURAT/GST/ABS/52/2026-27, imposing a penalty on the Company under Section 122(1)(ii) of the CGST Act, 2017, read with the corresponding provisions of the SGST Act, UTGST Act and IGST Act, in connection with the alleged passing on of ineligible Input Tax Credit (ITC). Date of receipt of direction or order, October 25, 2026, received through email. including any ad-interim or interim orders, or any other communication from the Authority Details of the violation(s)/contravention(s) The order relates to the alleged passing committed or alleged to be committed on of ineligible Input Tax Credit (ITC) during the period from April 2023 to March 2025 Impact on financial, operation or other A penalty of Rs.5,50,44,402/- has been activities of the listed entity, quantifiable imposed on the Company. in monetary terms to the extent possible The Company is in the process of examining the contents of the Order and intends to file an appeal against the same before the appropriate appellate authority, in accordance with the applicable laws. Reg. & Corp. off: Plot no. 5, C.S. Nondh No. CIN : L17120GJ2008PLC053464 Tel. : +91 261 2635551 – 53 451/A, R.S. No. 33/1 paiki, Nr. Narendra Dyeing E-mail : :info@shahlon.com +91 261 3603200 Web : www.shahlon.com Mill, B/h. Old Sub-Jail, Khatodara, Ring Road, Surat-395002, Gujarat .