Action(s) initiated or orders passed

Date: July 01, 2026 Listing Manager, BSE Limited National Stock Exchange of India Limited Corporate Relationship Department Exchange Plaza, 5th Floor Plot 1st Floor, New Trading Ring Rotunda Building, No. C-1, Block G, Bandra Kurla Complex, Phiroze Jeejeebhoy Towers, Dalal Street, Bandra (E) Mumbai – 400051, India Fort Mumbai – 400001, India Symbol: PARKHOTELS Scrip Code: 544111 ISIN No.: INE988S01028 ISIN No.: INE988S01028 Subject: Disclosure under Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 ('SEBI LODR') Respected Sir/Ma’am, Pursuant to the provisions of Regulation 30 and other applicable provisions of the SEBI LODR, it is hereby informed that the Income Tax Department, Assessment Unit (Faceless Assessment), has issued an Assessment Order under Section 143(3) read with Section 260 and Section 144B of the Income-tax Act, 1961, resulting into a tax demand order under Section 156 of the Income-tax Act, 1961, against the Company, in respect of scrutiny assessment for AY 2024-25 on Income Tax matter. The details, as required under Para B (8) of Part A of Schedule III to the SEBI, read together with Para A(20) of Part A of Schedule III to the SEBI LODR, are as follows: Particulars Details Name of the authority Income Tax Department, Assessment Unit (Faceless Assessment) Nature and details of the The Income Tax Department has passed an Assessment Order action(s) taken, initiated or under Section 143(3) read with Section 260 and Section 144B order(s) passed of the Income-tax Act, 1961, pertaining to AY 2024-25, making certain additions/disallowances in the return filed with the department. Date of receipt of direction or July 1, 2026 order, including any ad- interim or interim orders, or any other communication from the authority Details of the violation(s)/ On account of certain disallowances/additions made under contravention(s) committed various provisions of the Income-tax Act, 1961 (including or alleged to be committed Sections 37(1), 40(a)(ia), 68, 69C and 35D), pursuant to scrutiny assessment proceedings for AY 2024-25. Impact on financial, Rs. 41,06,72,530/-, which includes applicable interest. operation or other activities The Company is in the process of filing an appeal before the of the listed entity, appropriate Appellate Forum/National Faceless Appeal Centre quantifiable in monetary (NFAC) against the said Order, within the prescribed timelines. terms to the extent possible The Company believes that it has adequate factual and legal grounds to reasonably substantiate its position in the matter, and expects a substantial portion of the demand to not sustain in appeal. Accordingly, the Company does not expect the Order to have any material impact on its financial, operational, or other activities. Further updates, if any, in relation to the above matter shall be communicated to the Stock Exchange(s) in compliance with the applicable requirements of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. Thanking you. Yours sincerely, For Apeejay Surrendra Park Hotels Limited Shalini Keshan (Company Secretary and Compliance Officer) Membership No.: ACS-014897