Disclosure under regulation 30 of SEBI (LODR) 2015 regarding board comments on fine leveid by BSE for AR submission.

Date: November 07,2026 The Listing Department, BSE Limited Scrip code: 530973 Sub: Submission of Board Comments/Observations regarding Non-Compliance with Regulation 34 of SEBI (LODR) Regulations, 2015 Dear Sir, Pursuant to the provisions of SEBI Master Circular No. HO/49/14/14(7)2025-CFD- POD2/I/3762/2026 (Chapter VII-A) and the Standard Operating Procedure (SOP) guidelines issued thereunder, we wish to inform you that the matter regarding the non-compliance with Regulation 34 (Non-submission of the Annual Report within the prescribed period) for the year ended March 2026 was duly placed before the Board of Directors of the company at their meeting held on November 7, 2026. Board Comments and Observations: 1. Taking Note of Fine & Payment: The Board took formal note of the fine levied by BSE Limited amounting to ₹9,440/- (inclusive of GST @ 18%) under Regulation 34 of SEBI (LODR) Regulations, 2015. The Board noted that the requisite penalty amount has been remitted to BSE’s designated virtual bank account (BSER07518) via UTR No. SBIN426310278355 dated 06/11/2026. 2. Review of Circumstances: The Board reviewed the reasons for the delay in filing the Annual Report and expressed its concern over the procedural lapse. 3. Corrective Action & Preventive Measures: The Board has strongly advised the management and compliance team to exercise utmost diligence, strengthen internal tracking mechanisms, and ensure strict adherence to all regulatory timelines under the SEBI (LODR) Regulations, 2015, to prevent any recurrence of such non-compliance in the future. You are requested to take the above comments and observations on record for dissemination to the market. Thanking you. Yours faithfully, For ALFA ICA (INDIA) LIMITED Himadri Shah Company Secretary & Compliance Officer A51902 CS Alfaica <cs@alfaica.com> 530973-Fines as per SEBI Master Circular No. SEBI/HO/CFD/PoD2/CIR/P/0155 dated November 11, 2024 (Chapter-VII(A)-Penal Actions for Non-Compliance) 1 message bse.soplodr <bse.soplodr@bseindia.com> Fri, Oct 30, 2026 at 5:35 PM To: "cs@alfaica.com" <cs@alfaica.com>, "info@alfaica.com" <info@alfaica.com> Cc: "bse.soplodr" <bse.soplodr@bseindia.com> Ref.: SOP-Review/30-10-2026 The Company Secretary/Compliance Officer Company Name: Alfa Ica India Ltd Scrip Code: 530973 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 Actions 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 (Chapter VII (A)-Penal Action for Non-Compliance) issued by Securities and Exchange Board of India (SEBI) with respect to penal actions for non-compliance with 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. 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 with the following Regulations for the period mentioned below: Applicable Regulation of Basic Fine Fines levied Compliance status Fine payable by the company (inclusive of SEBI (LODR) prescribed for the year GST @ 18 %) October 30,2026 Regulations, 2015 ended Basic Fine GST @ Total Fine 18 % payable Regulation 34 *Rs. 2,000/- per March 2026 Delayed Submission 8000 1440 9440 day till the date Non-submission of the of compliance. Annual Report within the period prescribed under this regulation Regulation 43A Rs. 25,000 per March 2026 - 0 0 0 instance Non-disclosure of Dividend Distribution Policy in the Annual Report and on the websites of the entity. Total Fine 8000 1440 9440 (*)As per the provisions of the circular the fines will continue to be computed further till the time of rectification of the non- compliance to the satisfaction of the Exchange or till the scrip of the listed entity is suspended from trading for non-compliance with aforesaid provisions. The Company is therefore advised to note that as per the provisions of this 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, pursuant to the provisions of the aforesaid circular, 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 this Circular to the notice of promoter of the company. Further in the event of this being the second consecutive year of non-compliance for Regulation 34 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, Reena Raphel Sayli Jadhav Manager Deputy Manager Listing Compliance Listing Compliance In case of any further queries please email the following ids: Particulars Email Id Query on Reg.34/43A Sayli.Jadhav@bseindia.com; Query on remittance bse.soplodr@bseindia.com; Company is requested to remit the fine amount to the following designated VIRTUAL BANK ACCOUNT of the Exchange: Company Name Alfa Ica India Ltd Account Name Bank Name & Branch Virtual Bank Account No.* IFSC Code BSE Limited ICICI Bank Ltd.- CMS Branch BSER07518 ICIC0000104 *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 This mail is classified as 'CONFIDENTIAL' by Reena Raphel on October 30, 2026 at 17:35:42.