Intimation regarding Demand Notice dated 30.10.2026, Recovery Certificate dated 23.10.2026 issued in the case no. TA/446/2022 in the matter of NARCL Vs. SSA International Ltd. & Ors.

November 04, 2026 BSE Limited Phiroze, Jeejeebhoy Towers, Dalal Street, Mumbai-400001 Scrip Code: 521206 Subject: Intimation under Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 (“Listing Regulations”) – Demand Notice dated 30.10.2026 issued by the Recovery Officer, DRT-III, Delhi in RC/44/2026 in the matter of NARCL Vs. M/s SSA International Ltd. & Ors. Dear Sir/Madam, Pursuant to Regulation 30 read with sub-para 20 of Para A of Part A of Schedule III of the Listing Regulations, we hereby inform you that the Company on 4th November, 2026 received Demand Notice dated 30.10.2026 issued by the Recovery Officer, Debts Recovery Tribunal-III, Delhi (“DRT-III”) in RC/44/2026 arising out of Case No. TA/446/2022, in the matter of National Asset Reconstruction Company Ltd. (“NARCL”) Vs. M/s SSA International Ltd. & Ors. M/s Samtex Fashions Limited („The Company‟) is named as Certificate Debtor No. 9 in the said Demand Notice and Recovery Certificate dated 23.10.2026 issued by Presiding Officer, Debts Recovery Tribunal (DRT-III), Delhi. Further be noted that M/s SSA International Ltd. is a wholly owned subsidiary of the Company. Details of the Demand Notice and related orders, as required under sub-para 20 of Para A of Part A of Schedule III of the Listing Regulations read with the applicable SEBI circulars, are enclosed in Annexure A. This is for your information and record. This intimation is also being uploaded on the Company‟s website at www.samtexfashions.com. You are requested to kindly take the same on record. Thanking you, For SAMTEX FASHIONS LIMITED Rinki Rani Company Secretary & Compliance Officer (M. No. A51516) Encl: as above Annexure A S. Particulars Details 1. Name of Authority Recovery Officer, Debts Recovery Tribunal-III, Delhi (“DRT-III”) 2. Nature and details of the action(s) In the matter of NARCL Vs. M/s SSA International taken or order(s) passed Ltd. & Ors. (TA/446/2022; RC/44/2026): 1. Order dated 03.10.2026 in TA/446/2022 and Recovery Certificate No. 44/2026 dated 23.10.2026: DRT-III has held the Certificate Debtors, including the Company (CD-9), jointly and severally liable to pay NARCL (Certificate Holder) ₹437,57,28,362.70 (Rupees Four Hundred Thirty Seven Crores Fifty Seven Lakhs Twenty Eight Thousand Three Hundred Sixty Two and Paise Seventy Only), together with pendentellite and future interest at 10% simple interest per annum w.e.f. 20.03.2018 till realisation, and costs of ₹1,50,000. The Recovery Certificate also restrains the defendants from depleting, transferring, encumbering, alienating, selling or otherwise dealing with the hypothecated assets or their other movable/immovable properties without first paying the claim of the Certificate Holder. 2. Demand Notice dated 30.10.2026 (Form No. 14) issued by the Recovery Officer under Sections 25 to 28 of the Recovery of Debts and Bankruptcy Act, 1993 and Rule 2 of the Second Schedule to the Income-tax Act, 1961: the Certificate Debtors are directed to pay the above sum within 15 days of receipt of the notice, to declare the particulars of their assets on affidavit on or before the next date of hearing, and to appear before the Recovery Officer on 04.12.2026. 3. Order dated 29.10.2026 of the Recovery Officer-II, DRT-III on I.A. Diary No. 155/2026 filed by the Certificate Holder seeking urgent interim protection in respect of certain properties. By the said order, the Recovery Officer (i) directed issue of notice of the application to the Certificate Debtors and the filing of replies and particulars of the properties; (ii) declined the request for pre-notice attachment of immovable property; and (iii) directed that the consequences under Rule 16 of the Second Schedule to the Income-tax Act, 1961 (the defaulter shall not mortgage, charge, lease or otherwise deal with its property without the permission of the Recovery Officer) shall apply upon service of the demand notice. The order does not attach any property or determine title. The matter is listed on 04.12.2026. 4. The Company was the Corporate Guarantor in respect of the loan facilities availed by M/s SSA International Ltd., its wholly owned subsidiary. 3. Date of receipt of direction or Demand Notice dated 30.10.2026, Order dated order, including any ad-interim or 29.10.2026 and Recovery Certificate dated 23.10.2026 interim orders, or any other – Hard Copy received by the Company on 04.11.2026. communication from the authority 4. Details of the Recovery of loan dues (term loan and cash credit violation(s)/contravention(s) facilities availed by M/s SSA International Ltd.) committed or alleged to be adjudicated by DRT-III vide Final Order dated committed 03.10.2026 in TA/446/2022, for which the Company has been allegedly held jointly and severally liable. 5. Impact on financial, operation or The maximum exposure under the Recovery other activities of the listed entity, Certificate is ₹437,57,28,362.70 together with interest quantifiable in monetary terms to at 10% simple interest per annum w.e.f. 20.03.2018 till the extent possible. realisation and costs of ₹1,50,000, the liability being joint and several with the other Certificate Debtors. Recovery is to be made in the manner prescribed under Sections 25 to 28 of the Recovery of Debts and Bankruptcy Act, 1993, and the Company’s ability to deal with its assets is subject to the restrictions described above. The Company is evaluating the financial impact and the legal remedies available to it, and is consulting its legal team. Further updates will be provided as required under the Listing Regulations.