BOARD COMMENTS ON FINE LEVIED BY THE EXCHANGE

7/28/26, 3:35 PM Roundcube Webmail :: 544539-Fines as per SEBI Master Circular No. HO/49/14/14(7)2025-CFD-POD2/I/3762/2026 issued on Ju… Subject 544539-Fines as per SEBI Master Circular No. HO/49/14/14(7)2025-CFD-POD2/I/3762/2026 issued on July 11, 2023 and last updated on January 30,2026 (Chapter VII (A)-Penal Action for Non-Compliance) From bse.soplodr <bse.soplodr@bseindia.com> To info@solvexedibles.in <info@solvexedibles.in>, info@solvexedibles.in <info@solvexedibles.in>, swativaish0301@gmail.com <swativaish0301@gmail.com> Copy bse.soplodr <bse.soplodr@bseindia.com> Date 2026-06-30 17:43 Ref.: SOP-Review-30/06/2026 The Company Secretary/Compliance Officer Company Name: Solvex Edibles Ltd Scrip Code: 544539 Dear Sir/Madam, Sub: Fines as per SEBI Master Circular No. HO/49/14/14(7)2025-CFD-POD2/I/3762/2026 issued on July 11, 2023 and last updated on January 30,2026 (Chapter VII (A)-Penal Action for Non-Compliance). The company is advised to refer to the SEBI Master Circular No. HO/49/14/14(7)2025-CFD-POD2/I/3762/2026 issued on July 11, 2023 and last updated on January 30,2026 (hereinafter referred to as the ‘SEBI SOP Master Circular’) issued by Securities and Exchange Board of India (SEBI) with respect to penal actions prescribed for non-compliance of certain provisions of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 and the Standard Operating Procedure for suspension and revocation of trading of specified securities of listed entities. The Exchange had also issued a guidance note regarding the provisions of the said SEBI circular which is disseminated on the Exchange website at the following link: https://www.bseindia.com/downloads1/Guidance_Note_for_SEBI_SOP_Circular.pdf In this regard it is observed that the company is non-compliant/late compliant with the following Regulation for the period mentioned below: Applicable Fine prescribed Fines levied for Fine payable by the company Compliance status Discrepan Regulation of SEBI (*) (LODR) Regulations, (inclusive of GST @ 18 %) as on June 30,2026 2015 Basic Fine GST @ 18 % Total Fine payable Regulation 33 Rs. 5,000/- per Mar-26 80000 14400 94400 Late submission Impact of Audit Qua day till the date of (quarter/year) Non-submission of the compliance. financial results within the period prescribed under this regulation Total SOP Fine 80000 14400 94400 Note: In case of Non-Compliance the fines will continued to be levied till the date of compliance. The Company is therefore advised to note that as per the provisions of SEBI SOP Master Circular: The company is required to ensure compliance with above regulation and ensure to pay the aforesaid fines including GST within 15 days from the date of this letter/email, failing which Exchange shall, initiate action related to freezing of the entire shareholding of the promoter in this entity as well as all other securities held in the demat account of the promoter. The company is advised to bring the provisions of SEBI SOP Master Circular to the notice of promoter of the company. https://cs2006.webhostbox.net:2096/cpsess6295712933/3rdparty/roundcube/?_task=mail&_safe=0&_uid=1318&_mbox=INBOX&_action=print&_extwi… 1/3 7/28/26, 3:35 PM Roundcube Webmail :: 544539-Fines as per SEBI Master Circular No. HO/49/14/14(7)2025-CFD-POD2/I/3762/2026 issued on Ju… Further in the event of this being the second consecutive year of non-compliance for Regulation 33 would result in the company being transferred to Z group and liable for suspension of trading of its equity shares. The company is also advised to ensure that the subject matter of non-compliance which has been identified and indicated by the Exchange and any subsequent action taken by the Exchange in this regard shall be placed before the Board of Directors of the company in its next meeting. Comments made by the board shall be duly informed to the Exchange for dissemination. Yours faithfully Harshad Naik Reena Raphel Manager Manager Listing Compliance Listing Compliance In case of any further queries please email the following ids: Particulars Email Id Query on remittance bse.soplodr@bseindia.com Query on compliance Harshad.Naik@bseindia.com Company is requested to remit the fine amount to the following designated VIRTUAL BANK ACCOUNT of the Exchange: Company Name Solvex Edibles Ltd Account Name Bank Name & Branch Virtual Bank Account No.* IFSC Code BSE Limited ICICI Bank Ltd.- CMS BSER13864 ICIC0000104 Branch *Note: This bank account is specifically dedicated to SOP fine and Waiver fees only, Therefore, company is advised not to deposit/credit any amount payable other than SOP fines/penalties/waiver. The company is required to submit fine remittance details in the following format given at Annexure I to Email id: bse.soplodr@bseindia.com Annexure-I (On letterhead of the company) Sub: Details of Payment of fines for Non-Compliance with Regulations of SEBI (LODR) Regulations, 2015. Remittance details: Scrip Regulation & Bank UTR Date of Amount paid TDS deducted, if Net Amount paid Code Quarter number Payment any https://cs2006.webhostbox.net:2096/cpsess6295712933/3rdparty/roundcube/?_task=mail&_safe=0&_uid=1318&_mbox=INBOX&_action=print&_extwi… 2/3 7/28/26, 3:35 PM Roundcube Webmail :: 544539-Fines as per SEBI Master Circular No. HO/49/14/14(7)2025-CFD-POD2/I/3762/2026 issued on Ju… This mail is classified as 'CONFIDENTIAL' by Reena Raphel on June 30, 2026 at 17:43:33. https://cs2006.webhostbox.net:2096/cpsess6295712933/3rdparty/roundcube/?_task=mail&_safe=0&_uid=1318&_mbox=INBOX&_action=print&_extwi… 3/3