General Updates

July 21, 2026 BSE Limited, National Stock Exchange of India Limited, Phiroze Jeejeebhoy Towers, Exchange Plaza, C-1, Block G, Dalal Street, Bandra Kurla Complex, Bandra (E), Mumbai – 400 001. Mumbai – 400 051 Scrip Code: 544595 Scrip Symbol: ORKLAINDIA Subject: Disclosure under Regulation 30 of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015 (“SEBI Listing Regulations”) With reference to the captioned subject, we would like to inform you that the Company has received a Show Cause Notice (‘SCN’) under Form GST DRC-01 issued under Section 73 of the TNGST Act, 2017, by the Commercial Taxes Department proposing a demand under TNGST, Act 2017/ CGST Act, 2017, amounting to Rs. 8,40,82,951/- (comprising of Tax demand of Rs. 5,23,57,426/- along with proposed Interest of Rs. 2,64,39,783/- and Penalty of Rs. 52,85,742/-). Relevant details of the said SCN are enclosed herewith as an Annexure. We further state and declare that the information and details provided in the Annexure, in compliance with Regulation 30(13) of the SEBI Listing Regulations, read with the Industry Standards Note on Regulation 30 are true, correct and complete to the best of our knowledge and belief. The above information will also be available on the website of the Company at www.orklaindia.com Kindly take the above information on record. Thanking You, For Orkla India Limited (Formerly known as Orkla India Private Limited) Kaushik Seshadri Company Secretary and Compliance Officer Encl.: as above ORKLA INDIA LIMITED (Formerly known as “Orkla India Private Limited”) Registered Office: No. 1, 2nd & 3rd Floor, 100 Feet Inner Ring Road, Ejipura, Ashwini Layout, Viveknagar, Bengaluru - 560 047, India CIN: L15136KA1996PLC021007 | T: +91 80 4081 2100/7 | Website: www.orklaindia.com | E-mail: contactus@orklaindia.com Annexure Sl. No. Particulars Details 1. Name of the listed company Orkla India Limited 2. Type of communication received Show Cause Notice (SCN) in Form GST DRC-01 dated July 20, 2026, issued under Section 73 of the TNGST Act, 2017 and the CGST Act, 2017. 3. Date of receipt of communication July 20, 2026, at 7:35 P.M. (IST) 4. Authority from whom Office of the Assistant Commissioner communication received (ST), Ayyappanthangal Assessment Circle, Chennai, Commercial Taxes Department, Government of Tamil Nadu. 5. Brief summary of the material The Company has received a SCN from contents of the communication the Commercial Taxes Department received, including reasons for proposing a demand amounting to Rs. receipt of the communication 8,40,82,951/- (comprising of tax demand of Rs. 5,23,57,426/- along with proposed Interest of Rs. 2,64,39,783/- and Penalty of Rs. 52,85,742/-) The SCN raises issues relating to the Input Tax Credit (ITC), reversal of common ITC under Section 17 read with Rules 42 and 43, reconciliation of exempt supplies, credit notes, and transactions with related/distinct persons. The allegations primarily arise from the Department's interpretation of the provisions and reconciliation of information disclosed in various GST returns and statements filed by the Company. The Company is in the process of filing detailed objections along with supporting documents before the relevant authorities within the stipulated timelines as per the SCN. ORKLA INDIA LIMITED (Formerly known as “Orkla India Private Limited”) Registered Office: No. 1, 2nd & 3rd Floor, 100 Feet Inner Ring Road, Ejipura, Ashwini Layout, Viveknagar, Bengaluru - 560 047, India CIN: L15136KA1996PLC021007 | T: +91 80 4081 2100/7 | Website: www.orklaindia.com | E-mail: contactus@orklaindia.com Sl. No. Particulars Details 6. Period for which communication Financial Year 2023-24 would be applicable, if stated 7. Expected financial implications on Rs. 8,40,82,951/- the listed company, if any 8. Details of any aberrations/non- Refer Sl. No. 5 above compliances identified by the authority in the communication 9. Details of any penalty or restriction Penalty of Rs. 52,85,742/- or sanction imposed pursuant to the communication 10. Action(s) taken by listed company The Company is evaluating the allegations with respect to the communication contained in the SCN and is in the process of submitting detailed objections and supporting documentation before the authorities within the prescribed time. The Company would evaluate legal options available under applicable laws. 11. Any other relevant information - ORKLA INDIA LIMITED (Formerly known as “Orkla India Private Limited”) Registered Office: No. 1, 2nd & 3rd Floor, 100 Feet Inner Ring Road, Ejipura, Ashwini Layout, Viveknagar, Bengaluru - 560 047, India CIN: L15136KA1996PLC021007 | T: +91 80 4081 2100/7 | Website: www.orklaindia.com | E-mail: contactus@orklaindia.com