Action(s) taken or orders passed

Date: 31st October, 2026 Corporate Filings Department, Listing Compliance Department, BSE Limited, National Stock Exchange of India Ltd. Exchange Phiroze Jeejeebhoy Towers, Plaza, Plot no. C/1, G Block, Bandra-Kurla Dalal Street, Complex, Bandra (E), Mumbai - 400 051. Mumbai- 400 001 Security Code: 532815 Symbol: SMSPHARMA Sub: Disclosure under Regulation 30 of the SEBI (LODR) Regulations, 2015.- Order received from the Income Tax Department allowing the Company's appeal. Ref.: Our earlier Intimation dated 24th March, 2025 under Regulation 30 of the SEBI (LODR) Regulations, 2015 This is with reference to our earlier intimation letter dated 24th March, 2025, wherein the Company had informed regarding the receipt of Income Tax Assessment Order dated 22nd March, 2025, passed under Section 144 read with Section 144B of the Income Tax Act, 1961 for the Assessment Year 2023-24 along with demand notice and penalty notice. We would like to further inform you that, upon filing of an appeal against aforesaid Assessment Order before the Commissioner of Income-tax (Appeals), National Faceless Appeal Centre, the Company has received an appellate order under section 250 of Income Tax Act, 1961 dated 30th October, 2026 and received on same date, whereby the appeal filed by the Company is allowed. Accordingly, pursuant to the aforesaid appellate order allowing the Company's appeal, the outstanding tax demand of Rs.45.63 Crores, including interest, stands vacated. The details required to be furnished under Regulation 30 read with Schedule III of SEBI (LODR) Regulations, and SEBI Circular No. SEBI/HO/CFD/CFDPoD-2/P/CIR/2025/25 dated February 25, 2025 are annexed as Annexure- 1 and Annexure-2, respectively. This is for your information and records. Yours Faithfully For SMS Pharmaceuticals Limited Thirumalesh Tumma Company Secretary Annexure-1 Information as required under Regulation 30 - Sub Para 20 of Para A of Part A of Schedule III of the SEBI (LODR) Regulations, 2015 Sl Particulars Description 1. Name of the Authority Commissioner of Income Tax (Appeals), National Faceless Appeal Centre, Income Tax Department, Delhi 2. Nature and details of the Order under Section 250 of the Income-tax Act 1961, allowed the action(s) taken or order(s) Company’s appeal filed against the assessment order passed under passed Section 144 read with Section 144B of the Income Tax Act, 1961 for the Assessment Year 2023-24. 3. Date of receipt of direction or order, including any ad- On 30th October 2026. interim or interim orders, or any other communication from the authority 4. Details of the violation(s)/ The Company had received an Income Tax Assessment Order dated contravention(s) committed 22nd March, 2025, under Section 144 read with Section 144B of the or alleged to be committed Income Tax Act, 1961 for the Assessment Year 2023-24 along with demand notice and penalty notice. Pursuant to the said assessment order, the Assessment Unit has made an addition to the income returned and raised a demand for an amount of Rs. 45.63 Crores including interest. Upon filing an appeal against the aforesaid Assessment Order before the Commissioner of Income Tax (Appeals), National Faceless Appeal Centre, the Company has received the appellate order dated 30th October, 2026, passed under Section 250 of the Income-tax Act, 1961, whereby the appeal filed by the Company has been Allowed. Accordingly, pursuant to the aforesaid appellate order allowing the Company's appeal, the outstanding tax demand of Rs.45.63 Crores, including interest, stands vacated. 5. Impact on financial, Not Applicable, since appeal has been allowed in favor of the operation or other activities Company of the listed entity, quantifiable in monetary terms to the extent possible Annexure -2 Form – A Information as required pursuant to Industry Standards note on Regulation 30 of SEBI (LODR) Regulations issued vide SEBI Circular No. SEBI/HO/CFD/CFD-PoD-2/P/CIR/2025/25 dated February 25, 2025 regarding receipt of communication from regulatory, statutory, enforcement or judicial authority under the SEBI (LODR) Regulations, 2015 [Regulation 30(13) – Disclosure of communication from regulatory, statutory, enforcement or judicial authority] Sl. No. Particulars Details 1. Name of the listed company SMS Pharmaceuticals Limited 2. Type of communication received Order under Section 250 of the Income-tax Act 1961. 3. Date of receipt of communication On 30th October, 2026. 4. Authority from whom communication Commissioner of Income Tax (Appeals), National received Faceless Appeal Centre, Income Tax Department, Delhi 5. Brief summary of the material contents of The Company had received an Income Tax the communication received, including Assessment Order dated 22nd March, 2025, under reasons for receipt of the communication Section 144 read with Section 144B of the Income Tax Act, 1961 for the Assessment Year 2023-24 along with demand notice and penalty notice. Pursuant to the said assessment order, the Assessment Unit has made an addition to the income returned and raised a demand for an amount of Rs. 45.63 Crores including interest. Upon filing an appeal against the aforesaid Assessment Order before the Commissioner of Income Tax (Appeals), National Faceless Appeal Centre, the Company has received the appellate order dated 30th October, 2026, passed under Section 250 of the Income Tax Act, 1961, whereby the appeal filed by the Company has been Allowed. Accordingly, pursuant to the aforesaid appellate order allowing the Company's appeal, the outstanding tax demand of Rs.45.63 Crores, including interest, stands vacated. 6. Period for which communication would For the Assessment Year 2023-24 be applicable, if stated 7. Expected financial implications on the Not Applicable, since appeal has been allowed in listed company, if any favor of the Company 8. Details of any aberrations/non- N.A. compliances identified by the authority in the communication 9. Details of any penalty or restriction or N.A sanction imposed pursuant to the communication 10. Action(s) taken by listed company with Not Applicable, since appeal has been allowed in respect to the communication favor of the Company. 11. Any other relevant information Nil