Action(s) taken or orders passed

1st July 2026 BSE Limited National Stock Exchange of India Limited Phiroze JeeJeeBhoy Towers, Exchange Plaza, Dalal Street, 5th Floor, Plot No. C-1, G Block, Mumbai - 400 001 Bandra Kurla Complex, Bandra (E) Mumbai - 400 051 SCRIP CODE: 523367 SCRIP CODE: DCMSHRIRAM Sub.: Disclosure under Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 – Income Tax Penalty order Dear Sir/Madam, Pursuant to Regulation 30 read with Para A of Part A of Schedule III of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 read with SEBI Master Circular No. HO/49/14/14(7)2025-CFD-POD2/I/3762/2026 dated 30th January 2026, we inform you that the Assessment Unit, Income Tax Department vide its Order dated 29th June 2026 has levied penalty u/s 270A of the Income-tax Act, 1961 (‘Act’) for FY 2021-22 (AY 2022-23). Details of the matter required are as under: Particulars Details Name of the authority; Assessment Unit, Income Tax Department Nature and details of the action(s) The Company has received the Penalty Order dated taken, initiated or order(s) passed; 29th June 2026, from the aforesaid authority u/s 270A of the Act, for FY 2021-22 (AY 2022-23), wherein a penalty of Rs. 1.59 crore has been levied in respect of addition made on account of sale of buildings. The said addition was made vide order dated 31st October 2025, passed u/s 143(3) read with Section 144B of the Act. Date of receipt of direction or order, The Order has been received by the Company on including any ad-interim or interim 30th June 2026 around 10.19 am of which the orders, or any other communication undersigned was informed around 2.30 pm. from the authority; Details of the violation(s) / The Assessing Officer, vide Assessment Order contravention(s) committed or alleged dated 31st October 2025 passed under Section to be committed; 143(3) read with Section 144B of the Income-tax Act, 1961, has made additions on account of sale of buildings by treating the same as capital asset (ignoring the fact that it is a depreciable asset) alongwith other adjustments. Aggrieved by the said additions, the Company had preferred an appeal before the Hon’ble ITAT, Delhi vide ITTPA No.35/DEL/2025. The said matter has been heard by the ITAT on 26th May 2026 and the Order is awaited. The Assessment Unit has however, meanwhile proceeded to levy penalty on the aforesaid addition ignoring the fact it is under adjudication before ITAT. The Company will take appropriate legal course of action against the aforesaid Order as it lacks merit and is ignorant of the facts of the matter. Impact on financial, operation or other There is no material impact financially, operationally activities of the listed entity, or otherwise on the Company, except to the extent quantifiable in monetary terms to the of penalty levied. extent possible. Kindly take the above information on record. Thanking you, Yours faithfully, For DCM Shriram Limited (Deepak Gupta) Company Secretary & Compliance Officer