Action(s) taken or orders passed

Date: 31st October, 2026 The Manager, The Manager, 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. Ref.: Our earlier Intimation Letters dated 31st March, 2026 & 29th April, 2026 under Regulation 30 of the SEBI (LODR) Regulations, 2015 This is with reference to our earlier intimation dated 31st March, 2026, wherein we had informed that the receipt of a Demand Notice under Section 156 of the Income Tax Act, 1961 against Assessment Order passed under Section 147 read with 144B of Income Tax Act, 1961 dated 30th March 2026, from the Assessment Unit of the Income Tax Department, raising a tax demand of Rs.7.19 Crores for the Assessment Year 2018-19. Further, intimation dated 29th April, 2026, regarding the receipt of a Rectification Order dated 28th April, 2026, under Section 154 of the Income Tax Act, 1961, wherein the tax demand was reduced to Rs.40.28 Lakhs from Rs.7.19 Crores. We hereby 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 30th October, 2026, whereby the appeal filed by the Company is dismissed. 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, dismissing the action(s) taken or order(s) Company’s appeal filed against the assessment order passed under passed Section 147 read with Section 144B of the Income Tax Act, 1961 for the Assessment Year 2018-19. 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)/ A Notice of Demand dated 30th March, 2026 under Section 156 of contravention(s) committed the Income Tax Act 1961 issued and raised demand of Rs.7.19 or alleged to be committed Crores for the Assessment Year 2018-19. The Assessment Unit has passed an assessment order under Section 147 read with section 144B of the Income Tax Act, 1961 for Assessment Year 2018-19, by addition of income and disallowance of deduction u/s 35 of the Act. Further, penalty proceedings u/s 270A is initiated separately for under reporting of income. The Company has filed a rectification application before the Income Tax Department, and the company had received rectification order dated 28th April, 2026 under Section 154 of the Income Tax Act, 1961, wherein the tax demand has been reduced to Rs.40.28 lakhs from Rs. 7.19 crores. 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 Dismissed. 5. Impact on financial, The Company is reviewing the appellate order and assessing the operation or other activities appropriate further course of action in accordance with the of the listed entity, applicable legal provisions. quantifiable in monetary terms to the extent possible There will not be any material impact on the financial, operational and other activities of the Company. 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 A Notice of Demand dated 30th March, 2026 under the communication received, including Section 156 of the Income Tax Act 1961 issued and reasons for receipt of the communication raised demand of Rs.7.19 Crores for the Assessment Year 2018-19. The Assessment Unit has passed an assessment order under Section 147 read with section 144B of the Income Tax Act, 1961 for Assessment Year 2018-19, by addition of income and disallowance of deduction u/s 35 of the Act. Further, penalty proceedings u/s 270A is initiated separately for under reporting of income. The Company has filed a rectification application before the Income Tax Department, and the company had received rectification order dated 28th April, 2026 under Section 154 of the Income Tax Act, 1961, wherein the tax demand has been reduced to Rs.40.28 lakhs from Rs. 7.19 crores. 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 Dismissed. 6. Period for which communication would For the Assessment Year 2018-19 be applicable, if stated 7. Expected financial implications on the There will not be any material impact on the listed company, if any financial, operational and other activities 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 The Company is reviewing the appellate order and respect to the communication assessing the appropriate further course of action in accordance with the applicable legal provisions. 11. Any other relevant information Nil