NSEPendency of Litigation(s)/dispute(s) or the outcome impacting the Company5d ago · 14 Aug 2026, 05:28 pm

Pendency of Litigation(s)/dispute(s) or the outcome impacting the Company

Sapphire Foods India Limited · SAPPHIRE

✦ AI SummaryLitigation

Sapphire Foods India Limited has informed the Exchange about the pendency of litigation or dispute impacting the company. The Income Tax Department had preferred an appeal with the Income Tax Appellate Tribunal (ITAT) against the company's favourable order from the Income Tax Department, Appeals. The ITAT has dismissed the appeal and upheld the order passed by CIT(A).

Analysis Scores

Earnings Impact5/10
Growth Catalyst2/10
Governance Concern1/10
Regulatory Risk6/10
Balance Sheet Risk3/10
Liquidity Impact5/10
Market Sentiment5/10

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Sapphire Foods India Limited has informed the Exchange about Pendency of Litigation(s)/dispute(s) or the outcome impacting the Company

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SAPPHIRE_14082026172751_NSE.pdf

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Date 14 August 2026 National Stock Exchange of India Limited BSE Limited Exchange Plaza, Block G, C/1, Bandra Kurla Phiroze Jeejeebhoy Towers, Complex, Bandra (E), Mumbai – 400051 Dalal Street, Mumbai – 400001 Symbol: SAPPHIRE Scrip Code: 543397 Ref: Disclosure under Regulation 30 of Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015 (as amended) Sub: Update on Disclosure of Continuing Events and Information This is in furtherance to our intimation letter dated 2 September 2025, whereby the Company had informed about receipt of favourable order from Income Tax Department, Appeals [“CIT(A)”], Ranchi pertaining to Gamma Pizzakraft Lanka (Private) Limited (“Gamma Lanka”), wholly owned subsidiary of the Company situated at Sri Lanka. In this regard, please find below further update on the said matter: Particulars Description The details of any change in the status and / The Income tax department had preferred or any development in relation to such filing appeal with Income Tax Appellate proceedings Tribunal (“ITAT”) against favourable order received by company from CIT(A). ITAT on 12 August 2026 (order received on 13 August 2026), dismissed the appeal filed by the Income Tax Department and upheld the order passed by CIT(A). In the case of litigation against key Not applicable management personnel or its promoter or ultimate person in control, regularly provide details of any change in the status and / or any development in relation to such proceedings In the event of settlement of the proceedings, Not applicable details of such settlement including - terms of the settlement, compensation/ penalty paid (if any) and impact of such settlement on the financial position of the listed entity. Sapphire Foods India Limited +91 022 67522300 CIN: L55204HR2009PLC145722 info@sapphirefoods.in www.sapphirefoods.in Registered Office: SCO 328, Sector - 9, Panchkula -134109, Haryana Corporate Office: 702, Prism Tower, A-Wing, Mindspace, Link Road, Goregaon (W), Mumbai- 400062 Request you to kindly take the same on record. For Sapphire Foods India Limited T hanking you, Sachin Dudam Company Secretary & Compliance Officer