Disclosure under Regulation 30 of Securities and Exchange Board of India (LODR) Regulation, 2015

NSDL/AF/BSE/2026/0062 Date: August 14, 2026 Listing Compliance Department BSE Limited, Phiroze Jeejeebhoy Towers Dalal Street Mumbai 400 001 Dear Sir/Madam, Scrip Code: 544467 ISIN: INE301O01023 Ref: Disclosure under Regulation 30 of Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015 [“SEBI Listing Regulations”] With reference to the captioned subject, we hereby inform you that the Company has received a Show Cause – cum – Demand Notice (“SCN”) on August 13, 2026, from the Additional Commissioner of CGST & CX AUDIT-II - Mumbai (“the GST Authority”), issued under Section 74 (1) of the CGST Act, 2017, whereby a demand of Rs. 28,68,06,259 /- (CGST of Rs. 14,34,03,129/- and SGST Rs. 14,34,03,129/-) has been raised by the GST Authority. The Company is evaluating the SCN and, based on advice from its tax advisors, shall file a detailed reply with the adjudicating authority within the prescribed timelines, and shall pursue all legal remedies available to it. Relevant details in terms of Regulation 30 of the SEBI Listing Regulations read with SEBI Master Circular No. SEBI/HO/49/14/14(7)2025-CFD-POD2/I/3762/2026 dated January 30, 2026, read with disclosure as required under Regulation 30(13) of the SEBI Listing Regulations are enclosed herewith as Annexure 1. The said information is also available on the website of the Company – https://nsdl.com/ We request you to kindly take the same on record. Thanking you. Yours faithfully For National Securities Depository Limited Alen Ferns Company Secretary & Compliance Officer Membership No. A30633 301, 3rd Floor, Naman Chambers, G Block, Plot No- C-32, Bandra Kurla Complex, Bandra East, Mumbai- 400051 Tel: 91 22 6944 8400/8500| CIN – L74120MH2012PLC230380 | Email: info@nsdl.co.in | Web: nsdl.com Annexure 1 Sr Particular Information i. N ame(s) of the opposing party, Additional Commissioner of CGST & CX court/ tribunal/agency where AUDIT-II Mumbai litigation is filed ii. T ype of communication Show Cause – cum – Demand Notice issued received under Section 74(1) of the Central Goods and Services Tax Act, 2017, received by the Company through e-mail communication. iii. D ate of receipt of August 13, 2026. communication iv. P eriod for which From FY 2020-21 TO FY 2023-24 communication would be applicable, if stated v. B rief summary of the material The Company has received a Show Cause – contents of the communication cum – Demand Notice (“SCN”) on August 13, received, including reasons for 2026 from the Additional Commissioner of receipt of the communication / CGST & CX AUDIT-II Mumbai (“the GST Brief details of litigation Authority”), issued under Section 74 (1) of the Central Goods and Services Tax Act, 2017, whereby a demand of Rs. 28,68,06,259 /- (CGST of Rs. 14,34,03,129/- and SGST Rs. 14,34,03,129/-) has been raised by the GST Authority. The SCN, inter-alia, alleges that the company has not paid GST on royalty for use of brand name and logo by their related associate entities, namely M/s NSDL Payment Bank Limited and M/s NSDL Data Management Limited. The Company has been called upon to show cause as to why the aforesaid demand, interest and penalty should not be confirmed against vi. E xpected financial No immediate financial impact on the implications, if any, due to Company at this stage. The Company is in the compensation, penalty etc. process of evaluating the SCN and, based on advice from its tax advisors, shall file a 301, 3rd Floor, Naman Chambers, G Block, Plot No- C-32, Bandra Kurla Complex, Bandra East, Mumbai- 400051 Tel: 91 22 6944 8400/8500| CIN – L74120MH2012PLC230380 | Email: info@nsdl.co.in | Web: nsdl.com detailed reply with the adjudicating authority within the prescribed timelines, and shall pursue all legal remedies available to it. vii. Q uantum of claims, if any Demand: Rs. 28,68,06,259/- (CGST of Rs. 14,34,03,129/- and SGST Rs. 14,34,03,129/-) Interest: Under Section 74(1) read with Section 50 of the CGST Act, 2017, and the corresponding provisions of the Maharashtra Goods and Services Tax Act, 2017, read with Section 20 IGST. Penalty: Section 74(1) read with Section 122(2)(b) of the CGST Act, 2017 corresponding provisions of the Maharashtra Goods and Services Tax Act, 2017, read with Section 20 of the Integrated Goods and Services Tax Act, 2017. viii. D etails of any aberrations/non Raised an allegation of non-payment of GST on compliances identified by the royalty for use of brand name and logo by their authority in the related entities. communication ix. D etails of any penalty or Penalty: Section 74(1) read with Section restriction or sanction imposed 122(2)(b) of the CGST Act, 2017 pursuant to the corresponding provisions of the Maharashtra communication Goods and Services Tax Act, 2017, read with Section 20 of the Integrated Goods and Services Tax Act, 2017. x. A ction(s) taken by listed The Company is evaluating the SCN and, based company with respect to the on advice from its tax advisors, shall file a communication detailed reply with the adjudicating authority within the prescribed timelines, and shall pursue all legal remedies available to it. 301, 3rd Floor, Naman Chambers, G Block, Plot No- C-32, Bandra Kurla Complex, Bandra East, Mumbai- 400051 Tel: 91 22 6944 8400/8500| CIN – L74120MH2012PLC230380 | Email: info@nsdl.co.in | Web: nsdl.com