Announcement under Regulation 30 of SEBI (LODR) Regulations, 2015- Imposition of penalty

~ ~ SECRETARY'S DEPARTMENT 21, ~ ~'Wl Us, ~-700 001, ('q"f{o) afcJR~'(!Qgai'.Pc:lfi)Ja ~ : (91) (033) 2222 5612 / 5731 / 5552 {-~ : bhavsar.k@balmerlawrie.com B~L awrie &OI. Ltd. 21, Netaji Subhas Road, Kolkata -700 001, (INDIA) Phone : (91) (33) 2222 5612 / 5731 / 5552 (A Government of India Enterprise) E-mail : bhavsar.k@balmerlawrie.com SINCE 1867 CIN : L 15492WB 1924GOI004835 Date: 18th August, 2026 Ref: SL/SE/SM/2026 The Secretary, The Secretary, National Stock Exchange of India Limited SSE Limited Exchange Plaza, C-1, Slock-G Phiroze Jeejeebhoy Towers Sandra Kurla Complex Dalal Street Sandra (E), Mumbai- 400001 Mumbai - 400 051 Company Code: BALMLAWRIE Company Code: 523319 Dear Sir/Madam, Subject: Disclosure under Regulation 30 of Securities and Exchange Board of India ("SEBI") {Listing Obligations and Disclosure Requirements) Regulations, 2015 ("Listing Regulations") - Imposition of Penalty Pursuant to Regulation 30 read with Point 20 of Schedule Ill Part A Para A of Listing •, Regulations, this is to hereby inform th.at the Company is in receipt of a demand order issued by the GST department under CGST/KGST Act, 2017 for raising demand for tax, interest and penalty for Financial Year 2020-21 on account of alleged short declaration of outward supplies in GSTR-3S vis-a-vis GSTR-1 and differences relating to reverse charge mechanism (RCM). The details required under Regulation 30 of the Listing Regulations read with Chapter V of SESI Master Circular bearing reference no. HO/49/14/14(7)2025-CFD POD2/l/3762/2026 issued on 11th July, 2023, last updated on 30th January, 2026 is enclosed herewith as 'Annexure-1'. For Balmer Lawrie & Co. Ltd. Kavita Bhavsar Company Secretary and Compliance Officer Page 1 of 3 ~ ~ 21, ~ ~ ~-700 001. ('lffio) Registered Office 21. Neta11 Subhas Road, Kolkata -700 001 (INDIA) Website www.balmertawne.com Industrial Packaging• Greases & Lubricants• Che,-, ,icals • Travel & Vacations• Logistics (Services. Infrastructure, Cold Chain)• Refinery & Oil Field Services Annexure-1 The details required under Regulation 30 of the Listing Regulations read with Chapter V of SEBI Master Circular bearing reference no. HO/49/14/14(7)2025- CFD-POD2/l/3762/2026 issued on 11th July, 2023, last updated on 30th January, 2026 is provided hereunder: Particulars Details Name of the Authority Joint Commissioner LGSTO 065 Bengaluru: DGSTO-6, Bengaluru: Karnataka Natur and details of the The GST Department issu d an ord r action(s) taken or order(s) under CGST/KGST Act, 2017 raising passed demand for tax, interest and penalty for FY 2020-21 on account of alleged short declaration of outward supplies in GSTR- 3B vis-a-vis GSTR-1 and differences relating to reverse charge mechanism (RCM). Date of receipt of direction or order, including any ad-interim The Company received the appellate order or interim orders, or any other issued in Form GST APL-04 dated 17 communication from the August 2026. authority Details of the The authorities alleged: (i) short violation(s)/contravention(s) declaration/payment of GST liability arising committed or alleged to be from differences between outward supplies committed reported in GSTR-1 and tax liability discharged through GSTR-3B, including export transactions; and (ii) excess availment of Input Tax Credit (ITC) in relation to Reverse Charge Mechanism (RCM) transactions. Accordingly, tax, interest and penalty proceedings were initiated under Sections 73 and 50 of the CGST/KGST Act, 2017. Impact on financial, operational The Appellate Authority, Karnataka, .h as or other activities of the listed passed an order under the GST laws in entity, quantifiable in monetary respect of FY 2020-21. Pursuant to the said terms to the extent possible order, a demand aggregating to ~18.28 crore has been determined against the Company, comprising Tax of ~8.81 crore, Interest of ~8.59 crore and Penalty of ~0.88 crore. The appeal pertained to disputed Page 2 of 3 Particulars Details amounts aggregating to t31.72 lakh (Tax: t16.63 lakh, Interest: t13.36 lakh and Penalty: t1 .73 lakh). The Company is examining the implications of the order and evaluating the further legal remedies available under the GST laws. The order is not expected to materially impact the Company's operations, and the financial impact, if any, would be subject to the outcome of further appellate proceedings. Page 3 of 3