This is the continuation of our earlier disclosure dated 29.05.2025, made to the stock exchange in relation to the GST proceeding concerning FY 2020-21 & 2021-22. We have inform you that ....

RAGHUVIR SYNTHETICS LIMITED REGD. OFF.: RAKHIAL ROAD, RAKHIAL, AHMEDABAD-380 023. INDIA PHONE: 079-22911015 - 22911902 - 22910963 Email : info@raghuvir.com Website : http://www.raghuvir.com CIN: L17119GJ1982PLC005424 DATE: 11/08/2026 THE MANAGER, DEPARTMENT OF CORPORATE SERVICES, BSE LTD. DALAL STREET, FORT MUMBAI – 400 001 SUB. - : Update on GST proceedings – Receipt of FORM GST DRC-01A under Section 74(5) of the CGST Act, 2017 REF. -: Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 Respected Sir / Madam, This is in continuation of our earlier disclosure dated 29, May 2025 made to the Stock Exchanges in relation to the GST proceedings concerning FY 2020-21 and FY 2021-22. We hereby inform you that the Company has received an Intimation of tax ascertained as being payable under Section 74(5) of the Central Goods and Services Tax Act, 2017 in FORM GST DRC-01A on 10th August, 2026, from the GST Department in relation to the aforesaid matter. As per the said intimation, the aggregate amount of tax, interest and applicable penalty has been stated at ₹3.76 crore. The Company notes that the amount stated in the said intimation differs from the amount of ₹1.88 crore referred to in the earlier communication/disclosure in relation to the same matter. The Company is in the process of seeking clarification from the GST authorities regarding the apparent difference in the amount stated in the present intimation. The Company has reviewed the matter and believes that the ITC was appropriately availed under the applicable GST provisions. There is no material impact on the operations of the Company. The Company will continue to monitor the matter and keep the Stock Exchanges informed of any material developments, as may be required under applicable laws and regulations. You are requested to kindly take the above information on record. We are enclosing herewith the details as required under Regulation 30 read of Para A, Part A, Schedule III of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, as Annexure A for the disclosure purposes. Kindly take the same on your records and acknowledge the receipt. Thanking you, Yours faithfully, FOR, RAGHUVIR SYNTHETICS LIMITED SUNIL R. AGARWAL (CHAIRMAN & MANAGING DIRECTOR) DIN: 00265303 Annexure A Details of the GST proceedings / communication Particulars Details Name of the Authority GST Department Intimation of tax ascertained as being payable under Section 74(5) of the Nature and details of the action / Central Goods and Services Tax Act, 2017 in FORM GST DRC-01A, proceedings relating to availment and utilisation of Input Tax Credit. Date of receipt of communication 10 August 2026 Details of the violation/ The Company has been alleged to have committed violations relating to the contravention committed or availment and utilisation of Input Tax Credit under the applicable provisions alleged to be committed of GST law. Financial years involved FY 2020-21 and FY 2021-22 Relevant statutory provision Section 74(5) of the Central Goods and Services Tax Act, 2017 Amount stated in the present intimation Approximately ₹3.76 crore, comprising tax, interest and applicable penalty. Amount referred to in earlier disclosure Approximately ₹1.88 crore in relation to the same matter. The Company has noted the difference between the amount referred to in the earlier disclosure and the amount stated in the present FORM GST Status / Company's response DRC-01A and is seeking clarification from the GST authorities. The Company believes that the ITC was appropriately availed under the Company's view applicable GST provisions. Impact on operations There is no material impact on the operations of the Company.