Comments of Board of Directors of the Company w.r.t fines imposed by BSE Limited on the Company on account of non-compliance with certain Regulations of SEBI (LODR) Regulations, 2015 for the quarter ended on 30th June, 2026

~-700001 1'iR : (91) (033) 2222 5227 Balmer Lawrie Investments Ltd. Regd. Office : 21, Netaji Subhas Road. (A Government of India Enterprise) Kolkata -700 001 Phone : (91) (33) 2222 5227 CIN · L65999WB2001 GOI093759 Date: I 0th November, 2026 Ref: SECY/ Stock Exchange/2026 The Secretary, BSE Limited Phiroze Jeejeebhoy Towers Dalal Street Mumbai- 40000 I Company Code: 532485 Dear Sir(s)/Madam(s), Subject: Disclosure under Regulation 30 of Securities and Exchange Board of India ("SEBI") (Listing Obligations and Disclosure Requirements) Regulations, 2015 ("Listing Regulations") (as amended) - Comments of Board of Directors of the Company with respect to fines imposed by BSE Limited on the Company on account of its non compliance with Regulation 17(1), 17(2A), 18(1) and 19(1)/19(2) of the Listing Regulations for the quarter ended on 30th June, 2026 In terms of Regulation 30 of the Listing Regulations and in furtherance to our 111t1mation dated 26th August, 2026 with respect to the, "Fines imposed by BSE Limited on the Company for the quarter ended on 30th June, 2026", this is to hereby inform that the Board of Directors of the Company at its Meeting held on 10th November, 2026 had, inter-alia, considered and took on record the fines imposed by the Stock Exchange on the Company on account of its non-compliance with Regulation 17( I), l 7(2A), 18( 1) and 19( 1) / 19(2) of the Listing Regulations for the quarter ended on 30th June, 2026. In this regard, Board took note of the fact that as the Shareholding Pattern of the Company suggests, the Company is a Central Public Sector Enterprise under the administrative control of the Ministry of Petroleum and Natural Gas ('Administrative Ministry') and the Article 968 (I) of the Articles of Association of the Company states that so long as the Company remains a Government Company, the President of India shall, subject to provisions of the Companies Act, be entitled to appoint one or more Directors on the Board of the Company which includes Independent Director(s)/Woman Director/Government Nominee Directors(s) to hold office for such period and upon such terms and conditions as the President of India may from time to time decide. Accordingly, the composition of the Board of Directors is dependent on direction by the Administrative Ministry and thus, these are due to factors beyond the control of the Company. The Board of Directors also noted that the Company had made a representation to the Stock Exchange for waiver of such fines and the Board of Directors had confirmed the contents of the aforesaid representation at the said Board Meeting. The Meeting had commenced at 03:30 p.m. and concluded at _0_4:3_7 p_.m_. _ For Balmer Lawrie Investments Ltd. Abhishek Lahoti Company Secretary & Compliance Officer Page 1 of 1 Website www.blinv.com E-mail . lahoti.a@balmerlawrie.com