Intimation of Receipt of Notice of Hearing from the Income Tax Appellate Tribunal, Hyderabad benches.

kaveni eeed company limited 6tr August 2026 To koveri seeds' National Stock Exchange of India Limited BSE Limited Exchange Plaza, 5h Floor, 1't Floor, New Trading Ring, Plot No.C /1, G Block, Rotimda Building, Bandra Kurla Complex, Bandra (E), P.J. Towers, Dalal Street, Mumbai400 051 Mumbai - 400 001 Scrip Code: KSCL Scrip Code: 532899 Dear Sir/Madam, Sub:- Intimation of Receipt of Notice of Hearing from the Income Tax Appellate Tribunal, Hyderabad Benches - Regulation 30 of SEBI (LODR) Regulations,2015 - reg. Pursuant to Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations,2}l1, this is to inform that the Company has received a Notice of Hearing in Appeal No. ITA2423/Hyd/2026 filed by the Income Tax Department before the Income fax eppellate Tribunal (ITAT), Hyderabad, against the order passed by the Hon'ble Commissioner of Income Tax (Appeals) for the Assessment Year 2023-24. The matter is scheduled for hearing on 2"d Novembet 2026. a of As previously disclosed, the Income Tax Authorities raised demand Rs. 69,58,Z5,410/l to, the Assessment Year 2023-24 pimarily on account of disallowance of exemption claimed by the Company on agricultural income. Subsequently, the Hon'ble Commissioner of Income Tax (Appeals), vide order dated 08th April,2026, allowed the Company's claim and held the said income to be Agricultural Income thereby deleting the aforesaid demand. This disclosure is in continuation of the Company's earlier intimations dated 27s March 2025 and,ogft April 2026 regarding receipt of the Demand Notice and receipt of the Appellate Order, resPectivelY. The Company is evaluating the notice and shall take all necessary steps to defend the matter before the Hon'ble Tribunal' The details as required under the SEBI Circular are enclosed as Annexure I. Kindly take the same on record. Thanking you, Yours faithfully, FoT KAVERI SEED COMPANY LIMITED oom a4 o r3 V.SREELATHA otl o COMPANY SECRETARY & COMPLIANCE OFFICER Encl: af a Regd. Office: #1-7-36 to 42, Sardar Patel Road, Secunderabad-500003, Telangana, lndia Tel :+91-40-27842398,27842405 Fax:+91-40-2781 1237 e-mail :info@kaveriseeds.in CIN : 101 120TG1986P1C006728 www kaveniseeds in keveni seed eompany limited Continuation Sheet Annexure I Disclosure by Kaveri Seed Company Limited regarding receipt of communication from regulatory, statutory, enforcement or judicial authority under the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015 Sr. Particulars Details 1 Name of the listed Company Kaveri Seed Company Limited Income Tax Appellate 2. Name of the authority Tribunal, Hyderabad Benches a J. Nature and details of the Receipt of Notice of Hearing in Appeal action(s) taken, initiated or No. ITA2423/Hyd/2026 dated 6ft August order(s) passed 2026 filed by the Income Tax Department against the order of the Commissioner of Income Tax for AY 2023-24. 4 Date of receipt of direction or order, including any ad- interim or interim orders, or 06m Aug;ust2026 (date of receipt of Notice) any other communication from the authority _ Details of the The appeal pertains to the Tax demand v iolation(s) / contravention(s) raised by the Income Tax Department committed or alleged to be primarily on account of disallowance of committed exemption claimed on agriculfural income for AY 2023-24. Impact on financial, The tax demand involved in the matter is operation or other activities Rs.69,58,75,41.0/-. The Commissioner of of the listed entitY, Income Tax (Appeals) had allowed the quantifiable in monetarY Company's claim and deleted the demand. terms to the extent Possible The matter is now under Appeal before the ITAT by the Income Tax Department. The Company believes it has a strong case on merits and does not exPect any material adverse im at this s eaE)t