Board Comments on the fine levied by BSE

POLYCHEM LIMITED CIN: L24100MH1955PLC009663 REGD. OFFICE: 7. JAMSHEDJI TATA ROAD. CHURCHGATE RECLAMATION. MUMBAI-400 020 Ph: 022 - 2282 0048, E-mail: polychemltd@kilachand.com , Website: www.polychemltd.com Date: 13.08.2026 Head Listing Compliance Bombay Stock Exchange Ltd. Phiroze Jeejeebhoy Towers, Dalal Street, Mumbai - 400 001 Company Code – 506605 Dear Sir/Ma'am, Sub: Board Comments on the fine levied by BSE As per email correspondence dated June 22, 2026 received from BSE Limited (BSE) pertaining to non-submission of Annual Secretarial Compliance Report for the year ended March 31, 2026 (ASCR) pursuant to Regulation 24A of the SEBI (Listing Obligations and Disclosures Requirements) Regulations, 2015 (‘the Listing Regulations’) in XBRL mode with BSE. The Board of Directors in their meeting held today i.e. 13th August, 2026 noted the following: (a) ASCR was duly filed with BSE in PDF mode on May 21, 2026 within the timelines prescribed under the Listing Regulations. (b) Fine levied by BSE amounting to Rs. 52,010/- (including GST) which has been paid by the Company for the delayed submission of Annual Secretarial Compliance Report (ASCR) in XBRL mode and it has also been reported in the Integrated Governance Report filed with BSE for the quarter ended June 30, 2026, as per listing regulations. (c) The delayed submission of ASCR in XBRL mode with BSE, was unintentional and purely due to oversight. It also noted that the BSE levying the fine for non-submission/delayed submission of ASCR in XBRL mode only. Furthermore, the Board advised the management to ensure timely compliance(s) in the future. Yours faithfully, For Polychem Limited (Deepali V Chauhan) Company Secretary & Compliance Officer Mem No. A38273