Transport Corporation of India Limited has informed the Exchanges about receipt of a rectification order.

Dated: July 21, 2026 Listing Department Listing Department BSE Ltd., National Stock Exchange of India Ltd., Phiroze Jeejeebhoy Towers, Exchange Plaza, C-1, Block G, Dalal Street, Bandra Kurla Complex. Mumbai- 400001 Bandra (E) Mumbai – 400051 Scrip Code: 532349 Scrip Symbol: TCI Sub: Disclosure under Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 (“SEBI Listing Regulations”) Dear Sir/Madam, In furtherance to our letter dated March 25, 2026, wherein the Company had informed the Stock Exchanges regarding the assessment order passed under Section 143(3) of the Income Tax Act, 1961 for Assessment Year 2024-25 and the consequential demand of ₹81.96 crore. We wish to inform you that, pursuant to the rectification application filed by the Company under Section 154 of the Income Tax Act, 1961, the Jurisdictional Assessing Officer has passed a Rectification Order and the same has subsequently been given effect to by the Centralized Processing Centre (CPC) now. Consequent to the above, the computational errors in the assessment have been rectified, appropriate credit of TDS/TCS has been allowed and the tax demand of ₹81.96 crore referred to in our earlier disclosure stands fully extinguished. Accordingly, the outstanding demand in respect of Assessment Year 2024-25 now stands at Nil. The details required under Regulation 30 of the SEBI Listing Regulations read with the SEBI Master Circular No. HO/49/14/14/(7)2025-CFD-POD2/I/3762/2026 dated January 30, 2026 (as amended from time to time) are enclosed as Annexure – A. The above information is also available on the Company’s website at www.tcil.com. You are requested to take the above information on your records. Thank you, For Transport Corporation of India Limited Hansa Sharma Company Secretary & Compliance Officer (A42616) Annexure – A Disclosure under Regulation 30 read with Para A of Part A of Schedule III of the SEBI Listing Regulations, 2015 read with SEBI Master Circular No. HO/49/14/14/(7)2025-CFD-POD2/I/3762/2026 S. No. Particulars Remarks 1. Name of the Authority Jurisdictional Assessing Officer, Income Tax Department. 2. Nature and details of the action(s) taken or Rectification Order under Section 154 of the order(s) passed Income Tax Act, 1961 for Assessment Year 2024- 25. Pursuant to the rectification, computational errors in the assessment have been rectified and full credit for TDS/TCS has been allowed. The Rectification Order has been given effect to by the Centralized Processing Centre (CPC), resulting in the outstanding demand being reduced to Nil. 3. Date of receipt of direction or order, Rectification Order dated June 15, 2026 passed including any ad-interim or interim orders, under Section 154 of the Income Tax Act, 1961, or any other communication from the the effect whereof was given by the Centralized authority Processing Centre (CPC) now and subsequently reflected on the Company's Income Tax e-filing portal. 4. Details of the violation(s)/contravention(s) There is no violation/contravention as demand committed or alleged to be committed. order issued because of erroneous calculation and which now stands corrected through a Rectification Order under section 154 of The Income Tax 1961 . 5. Impact on financial, operation or other The Rectification Order has resulted in the earlier activities of the listed entity, quantifiable in tax demand of ₹81.96 crore being reduced to Nil. monetary terms to the extent possible. Accordingly, there is no outstanding demand against the Company in respect of Assessment Year 2024-25 arising from the said assessment order and there is no adverse financial, operational or other impact on the Company.