Reply to Clarification- Financial results

Ref: SSL/SE/2025-26 Date: 09.03.2026 The Manager - Listing National Stock Exchange of India Limited, Exchange Plaza, Bandra Kurla Complex, Bandra- (East), Mumbai – 400 051 Scrip Code: BSE: 539742 Symbol: NSE: SIMBHALS Sub: Clarification regarding announcement made for Outcome of Board/IRP Convened Meeting-Financial Results submitted to the Exchange dated 28-Oct-2025 by Simbhaoli Sugars Limited for June Quarter 2025 Dear Sir/Ma’am, We would like to bring into your notice that Simbhaoli Sugars Limited (CIN L15122UP2011PLC044210) is presently undergoing Corporate Insolvency Resolution Process (CIRP) with effect from July 11, 2024, under the provisions of the Insolvency and Bankruptcy Code, 2016. With effect from July 11, 2024, as per provisions of Section 17(1) (a) & (b) of the Insolvency and Bankruptcy Code, 2016 (IBC), the management of the affairs of SSL is vested with the Interim Resolution Professional (IRP) and the powers of the Board of directors, as the case may be, have been suspended and are being exercised by the IRP. The Hon’ble NCLT, Allahabad bench had appointed Mr. Anurag Goel, as IRP of the Company. One of the Promoters of the Company, Ms. Gursimran Kaur Mann has filed an appeal before the Hon’ble National Company Law Appellate Tribunal, New Delhi (“NCLAT”) against the NCLT order. The hon’ble NCLAT vide its interim order dated July 24, 2024, has given directions that no further steps shall be taken in pursuance of the impugned order passed by NCLT. The matter is sub-judice. Simbhaoli Sugars Limited (SSL) would like to bring to your notice that the Company is currently working towards the closure of its Consolidated Financial Statements for March 2025 and also progressing towards the finalization of consolidated financials for the subsequent quarters. Simbhaoli Sugars Limited (An FSSC 22000: version 6.1, ISO 900 ISO 9001 : 2015 & 14001 : 2015 Certified Company) Registered Office : Simbhaoli, Distt. Hapur, Uttar Pradesh, 245207 I Tel : 0120-4132077 GSTIN: 09AAPCS7569A2ZU I PAN: AAPCS7569A I CIN: L15122UP2011PLC044210 E-mail : info@simbhaolisugars.com I www.simbhaolisugars.com Specialty Sugars Potable Alcohol Ethanol Power However, one of the subsidiaries, Simbhaoli Power Private Limited (SPPL) had not submitted its financial statements in a timely manner. This delay is creating hindrances in the completion and finalization of the consolidated financial statements of the parent company, i.e., Simbhaoli Sugars Limited (SSL). Further, the Statutory Auditors are actively engaged in audit process and sought certain additional information and clarifications considering the complexities arising during the CIRP process which contributed to additional time required for completion of the review and audit procedures. The IRP in adherence to the responsibilities and limitations under the IBC framework is trying his best to proceed to make non-compliance as good and other related filings until the required financial information is finalized in accordance with applicable law. The Company is making every possible effort to ensure completion of the audit and submission of the Consolidated financial results for Quarter ended on June 30, 2025, at the earliest. We humbly request you to kindly take the above on record and grant us additional time for submission of the said financial results. We are actively evaluating alternative approaches to ensure statutory compliance. For Simbhaoli Sugars Limited (Jagriti Sharma) Company Secretary and Compliance Officer M. No: F11456 Simbhaoli Sugars Limited (An FSSC 22000: version 6.1, ISO 900 ISO 9001 : 2015 & 14001 : 2015 Certified Company) Registered Office : Simbhaoli, Distt. Hapur, Uttar Pradesh, 245207 I Tel : 0120-4132077 GSTIN: 09AAPCS7569A2ZU I PAN: AAPCS7569A I CIN: L15122UP2011PLC044210 E-mail : info@simbhaolisugars.com I www.simbhaolisugars.com Specialty Sugars Potable Alcohol Ethanol Power