Reduction in demand in GST proceedings pursuant to the order passed by Sr. Joint Commissioner of Revenue following the appeal filed by the Company.

October 31, 2026 The Corporate Relationship Department The Calcutta Stock Exchange Ltd. BSE Limited 7, Lyons Range, Dalhousie P.J. Towers, Dalal Street Kolkata- 700001 Mumbai- 400001 Scrip Code: 10013217 Scrip Code: 500089 The Listing Department National Stock Exchange of India Limited Exchange Plaza, C/1, Block G Bandra Kurla Complex Bandra (E), Mumbai – 400051 NSE Symbol: DICIND Sub: - Intimation under Regulation 30 read with Schedule III of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 (“SEBI Listing Regulations”) Ref: Disclosure filed on November 26, 2025 under Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 relating to GST proceedings for Financial Year 2021-22 Dear Madam/Sir, This is in furtherance to the disclosure made by Company on November 25, 2025 with stock exchanges, pursuant to Regulation 30 read with Schedule III of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015 ("SEBI Listing Regulations"), regarding the GST proceedings initiated by the Joint Commissioner, LTU, Corporate Division, West Bengal for Financial Year 2021-22. Pursuant thereto, the said authority vide order dated 25th November 2025 (“Original Order”) had raised a total demand of INR 4,67,740/- on the Company. Please be informed that the Company had preferred an appeal before the Sr. Joint Commissioner of Revenue, LTU (Appeal), West Bengal ("Appellate Authority") against the Original Order and the Appellate Authority, vide its order dated October 30, 2026, has partly allowed the appeal and substantially reduced the tax demand, interest and penalty liabilities arising therefrom. The appellate authority accepted the Company's submissions regarding eligibility of Input Tax Credit ("ITC") on services availed in connection with its manufacturing activities and accordingly set aside a significant portion of the demand raised in the original order. Consequently, the original order has been modified and the aggregate liability stands reduced to INR 1,28,577/- (comprising Tax of INR 51,941/-, Interest of INR 46,636/- and Penalty of INR 30,000/-). In terms of SEBI Master Circular No. HO/49/14/14(7)2025-CFD-POD2/I/3762/2026 dated January 30, 2026, and Industry Standard Note on Regulation 30 of SEBI Listing Regulations, the information required are enclosed herewith as Annexure -1 and Form - A. DIC INDIA LIMITED Corporate Office: Fusion square, 5th Floor, Plot no. 5A & 5B, Sector-126, Noida – 201303 Tel: +91-120-6361414 I Fax: +91-120-6361443 GSTIN: 09AABCC0703C1ZF CIN No. L24223WB1947PLC015202 Website: www.dic.co.in I Email id: investors@dic.co.in Registered office: UB 03, Mani Tower, 31/41, Binova Bhave Road, Behala, Kolkata-700038 I, the undersigned state and declare that the information and details provided in Form - A, in compliance with Regulation 30(13) of the SEBI Listing Regulations, is true, correct and complete to the best of my knowledge and belief. You are requested to take the same on record. Thanking you, For DIC India Limited Meghna Saini Company Secretary, Compliance Officer & Head-Legal Membership No. A42587 DIC INDIA LIMITED Corporate Office: Fusion square, 5th Floor, Plot no. 5A & 5B, Sector-126, Noida – 201303 Tel: +91-120-6361414 I Fax: +91-120-6361443 GSTIN: 09AABCC0703C1ZF CIN No. L24223WB1947PLC015202 Website: www.dic.co.in I Email id: investors@dic.co.in Registered office: UB 03, Mani Tower, 31/41, Binova Bhave Road, Behala, Kolkata-700038 ANNEXURE-1 Details required under Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 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 Sr. Joint Commissioner of Revenue, LTU (Appeal), West Bengal Nature and details of the action(s) The Company had filed an appeal against the Original Order dated 25th November 2025 before the Appellate Authority. Pursuant to the appellate order dated 30 October 2026, the appeal has been partly allowed and the aggregate liability has been reduced from INR 4,67,740/- to INR 1,28,577/-. The relief has primarily been granted in respect of Input Tax Credit relating to manufacturing-related services. Date of receipt of direction or order, including Order was passed by Appellate Authority on 30th any ad-interim or interim orders, or any other October 2026, however, received by the KMP on 31st communication from the authority. October 2026 at 11:34 am. Details of the violation(s)/contravention(s) Alleged wrongful availment of Input Tax Credit (ITC) committed or alleged to be committed. in respect of certain supplier credit notes and alleged availment of ineligible/blocked ITC under Section 17(5) of the CGST/WBGST Act, 2017 for FY 2021- Impact on financial, operation or other activities No impact other than as stated in this disclosure. of the listed entity, quantifiable in monetary terms to the extent possible DIC INDIA LIMITED Corporate Office: Fusion square, 5th Floor, Plot no. 5A & 5B, Sector-126, Noida – 201303 Tel: +91-120-6361414 I Fax: +91-120-6361443 GSTIN: 09AABCC0703C1ZF CIN No. L24223WB1947PLC015202 Website: www.dic.co.in I Email id: investors@dic.co.in Registered office: UB 03, Mani Tower, 31/41, Binova Bhave Road, Behala, Kolkata-700038 Form - A Disclosure by DIC India Limited regarding receipt of communication from regulatory, statutory, enforcement or judicial authority under the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015 Regulation 30(13) – Disclosure of communication from regulatory, statutory, enforcement or judicial authority Name of the listed entity DIC India Limited Type of Communication Order passed pursuant to an appeal preferred by the Company Received Date of receipt of Order passed by Appellate Authority on 30th October 2026, however, communication received by the KMP on 31st October 2026 at 11:34 am. Authority from whom Sr. Joint Commissioner of Revenue, LTU (Appeal), West Bengal communication Received Brief summary of the material The Company had filed an appeal against the Original Order dated 25th contents of the communication November 2025 before the Appellate Authority. Pursuant to the received, including reasons for appellate order dated 30 October 2026, the appeal has been partly receipt of the communication allowed and the aggregate liability has been reduced from INR 4,67,740/- to INR 1,28,577/-. The relief has primarily been granted in respect of Input Tax Credit relating to manufacturing-related services. Period for which Financial year 2021-22 communication would be applicable, if stated Expected financial implications Based on a preliminary assessment of order, no expected financial on the listed company, if any implication on the Company. Details of any aberrations/non- Alleged wrongful availment of Input Tax Credit (ITC) in respect of compliances identified by the certain supplier credit notes and alleged availment of authority in the communication ineligible/blocked ITC under Section 17(5) of the CGST/WBGST Act, 2017 for FY 2021-22. Details of any penalty or As stated in point summary above. restriction or sanction imposed pursuant to the communication Action(s) taken by listed The Company is evaluating the order, and appropriate actions, if company with respect to the required, will be taken within the stipulated time. communication DIC INDIA LIMITED Corporate Office: Fusion square, 5th Floor, Plot no. 5A & 5B, Sector-126, Noida – 201303 Tel: +91-120-6361414 I Fax: +91-120-6361443 GSTIN: 09AABCC0703C1ZF CIN No. L24223WB1947PLC015202 Website: www.dic.co.in I Email id: investors@dic.co.in Registered office: UB 03, Mani Tower, 31/41, Binova Bhave Road, Behala, Kolkata-700038