Show Cause Notice received from GST Authority

BANNARI AMMAN SUGARS LIMITED Regd. Office : 1212. Trichy Road Coimbaiore - 641 018 Tamilnadu lndia Phone : 91 - 422 ~ 2204100 Fax : 2309999 (Sc1es) 2204222 (Purchase) 2204233 (Accounts) E-Mail : bascbe@bannmi.com Website : www.bannori.com CIN : L154211Z1983PLC001358 SEC/MAIL/2026 19.08.2026 National Stock Exchange of lndia Ltd BSE Limited Exchange Plaza Phiroze Jeejeebhoy Towers C-1, Block G Dalal Street, Bundera-Kurla Complex, Bandra (E) Mumbai 400 001 Mumbai 400051 NSE CODE : BANARISUG BSE CODE : 500041 ISIN N0. : INE459A01010 ISIN No. : INE459A0101O Dear Sirs, Sub: Disclosure under Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 e Receipt of Show Cause Notice from GST Authority Pursuant to Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, read with Schedule III thereto and other applicable provisions, we hereby inform you that the Company has received a Show Cause Notice dated 18th August 2026 from the Office of the Deputy Commissioner of Commercial Taxes (Audit)-3, Mysuru, Department of Commercial Taxes, Government of Karnataka. The material particulars of the Show Cause Notice are set out below: Particulars Details Office of the Deputy Commissioner of Commercial Name of the authority Taxes (Audit)-3, Mysuru, Department of Commercial Taxes, Government of Karnataka Date of Show Cause 18th August 2026 Notice Date of receipt 18th August 2026 Period to which the April 2020 to March 2021 (FY 2020-21) matter relates Banncri Amman Sugars Limited Continuation Sheet Coimbatore Particulars Details Alleged excess availment Input of Tax Credit (ITC) Subject matter reported Form GSTR-9 vis-a-vis the ITC reflected in relevant GST records ?10,13,78,852/- proposed f9,48,40,609/- approximately, subject Interest computation up to the date proposed payment, applicable Penalty ¥10,13,78,852/- proposed Total amount referred ¥29,75,98,313/- to in the SCN company has received show Cause notice just Present status and no final adjudication/order been passed. The Company had, issuance to of the Show Cause Notice, submitted detailed prior replies to the GST authorities, explaining the nature of ITC the and providing reconciliation and supporting particulars. Company is in the of examining the Show Cause Notice in detail process shall submit an appropriate reply before the adjudicating authority within time. The Company intends to defend cantest prescribed proceedings tax, interest does not anticipate any material proposed penalty presently impact the operations of the Company. The above‘ disclosure is being made in compliance with the applicable provisions Regulation 3O of the SEBI LODR Regulations. Kindly take the same record. Thanking you, Yours faithfully, For BANNARI AMMAN SUGARS LIMITED PALANISWAMY) COMPANY SECRETARY & COMPLIANCE OFFICER