Action(s) taken or orders passed

Ref: CC/MISC/2026-27/18 Date: 31.07.2026 1. BSE Limited, Mumbai 2. National Stock Exchange of India Ltd., Mumbai Subject: Disclosure under Regulation 30 read with Para A of Part A of Schedule III of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 Sir/Madam, Bharat Heavy Electricals Limited (BHEL) has received an order from the Office of the Principal Commissioner of Customs (Air-Cargo), New Customs House, Chennai Commissionerate, Air Cargo Complex, Meenambakkam 600 016 imposing a fiscal penalty of Three Lakhs Eighty-Five Seventy Twenty-Nine Rupees. The order is currently appealable & BHEL will make an assessment to exercise its right to appeal. The details required is enclosed herewith as - Annexure I. This is for kind information and records please. For Bharat Heavy Electricals Limited (Jaya Mitra) Manager, Corporate Communication ANNEXURE-I Details of Action(s) taken or orders passed - sub-para 20 Type of Action(s) taken or order(s) passed Imposition of fine or penalty in respect of* If any other similar action, kindly specify Action(s) taken or order(s) passed by* Enforcement Authority Name of authority from whom action(s) Office of the Principal Commissioner of Customs(Air- taken or order(s) passed* Cargo), New Customs House, Chennai Commissionerate, Air Cargo Complex, Meenambakkam 600 016. Email:pccomm7acc-cuschn@gov.in, Phone No:044 22560406 Number of person(s) against whom 1 Action(s) taken or order(s) passed* Action(s) taken or order(s) Name of person Designation passed against Listed Entity Bharat Heavy 1 (Self) Electricals Ltd. Type of communication received* Order In Original No. 2017/2026 dt. 24.07.2026. Nature and details of the action(s) taken Order In Original No. 2017/2026 dt. 24.07.2026. or order(s) passed* Demand for Payment Customs Duty, Interest, Fine and Penalty for wrong availment of Basic Customs duty. Date of receipt of communication* 29-07-2026 Brief summary of the material contents Demand for Payment of Customs Duty, Interest, Fine of the communication received, including and Penalty for wrong availment of Basic Customs reasons for receipt of the duty. communication* The values of the demand raised are Differential Duty - Rs. 3,55,728.18 Interest as on 29.07.2026 - Rs.1,87,415.15 Penalty and Fine - Rs.3,85,729 Totaling the fiscal implication to Rs.9,28,872/- (Rupees Nine Lakhs Twenty-Eight Eight Hundred Seventy-Two Only). Period for which communication would 60 days be applicable, if stated* Expected impact on financial, operation The total fiscal implication of Rs. 9,28,872/- (Rupees or other activities of the listed entity, Nine Lakhs Twenty-Eight Eight Hundred Seventy-Two quantifiable in monetary terms to the Only) within which penalty and fine of Rs.3,85,729 is extent possible* i ncluded and interest thereof. Details of any aberrations / non- Wrong availment of Basic Customs duty under 9026 compliances / violation(s) instead of 9032. /contravention(s) identified by the authority in the communication, committed or alleged to be committed* Fine or penalty Amount (Amount in Rs.) 385729.00 Details of any penalty or restriction or The total fiscal implication of Rs. 9,28,872/- (Rupees sanction imposed pursuant to the Nine Lakhs Twenty-Eight Eight Hundred Seventy-Two communication* Only) within which penalty and fine of Rs.3,85,729 is included and interest thereof. Details of Suspension, Settlement of Penalty imposed by authority including fine. proceedings, Debarment,Disqualification, Closure of operations, Sanctions imposed, Warning or caution* Action(s) taken by listed company with This order is currently appealable & we will make an respect to the communication* assessment to exercise our right to appeal. Any other relevant information