General Updates

GANESH BENZOPLAST LIMITED CIN: L24200MH1986PLC039836 Regd. Office: Dina Building, 1st Floor, 53, Maharshi Karve Road, Marine Lines, Mumbai - 400 002 Tel: 022- 6140 6000/22001928 Email: compliance@gblinfra.com Website: www.ganeshbenzoplast.com August 20, 2026 The General Manager, The Manager, Department of Corporate Services Listing Department Corporate Relations Department, National Stock Exchange of India BSE Limited, Limited Exchange Plaza, Pheeroze Jeejeebhoy Towers, Dalal 5th Floor, Plot No. C/1, G-Block, Street, Fort, Mumbai – 400 001. Bandra Kurla Complex, Bandra (E), Mumbai – 400051 Scrip ID: 500153 Scrip ID: GANESHBE Sub.: Disclosures under Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 (“Listing Regulations”). Dear Sir/Madam, Pursuant to the provision of Regulation 30 read with Para A of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 ("Listing Regulations") and our ongoing disclosures in relation to the unauthorised transactions undertaken by Mr. Ramakant Pilani and others in the name of the Company and/or its wholly owned subsidiary viz. GBL Chemical Limited ("GBL Chemical"), we would like to inform you that the Hon'ble Supreme Court of India vide its order dated August 18, 2026, has dismissed the appeal filed by Progfin Private Limited against the order passed by National Company Law Appellate Tribunal, seeking initiation of corporate insolvency resolution process against the Company under the Insolvency and Bankruptcy Code, 2016 (“SC Order”). The details as required under the Listing Regulations, 2015 read with Annexure I of SEBI Circular No. SEBI/HO/CFD/CFD-PoD-1/P/CIR/2023/123 dated July 13, 2023, are enclosed as Annexure I. Thanking You, For Ganesh Benzoplast Limited Rishi Pilani Chairman & Managing Director (DIN 00901627) Corp Office: 501/ 502, 'C' Wing, Lotus Corporate Park, Off. Western Express Highway, Laxmi Nagar, Goregaon (East), Mumbai - 400063. GANESH BENZOPLAST LIMITED CIN: L24200MH1986PLC039836 Regd. Office: Dina Building, 1st Floor, 53, Maharshi Karve Road, Marine Lines, Mumbai - 400 002 Tel: 022- 6140 6000/22001928 Email: compliance@gblinfra.com Website: www.ganeshbenzoplast.com Annexure I S. No. Particulars Description 1. Name(s) of the Progfin Private Limited (“Progfin”) opposing Party 2. Court/ tribunal/ The Hon’ble Supreme Court of India agency where litigation is filed 3. Brief details of Progfin had originally filed a Section 7 petition dispute/litigation before the National Company Law Tribunal, Mumbai Bench (“NCLT”) seeking initiation of corporate insolvency resolution process against the Company for alleged default in repayment of credit facilities extended to its wholly owned subsidiary, GBL Chemical Limited, for which the Company had purportedly issued a corporate guarantee. The NCLT vide its order dated September 1, 2025, dismissed the petition filed by Progfin (“NCLT Order”). Progfin filed an appeal before the National Company Law Appellate Tribunal, Mumbai Bench (“NCLAT”) to challenge the NCLT Order which was dismissed by NCLAT vide its order dated June 30, 2026 (“NCLAT Order”). Progfin filed an appeal against the NCLAT Order before the Hon’ble Supreme Court (“SC”) which was dismissed by SC vide its order dated August 18, 2026, citing that Progfin does not have a good ground to appeal against the NCLAT Order. 4. Expected financial None implications, if any, due to compensation, penalty, etc. 5. Quantum of claims, None if any Corp Office: 501/ 502, 'C' Wing, Lotus Corporate Park, Off. Western Express Highway, Laxmi Nagar, Goregaon (East), Mumbai - 400063. GANESH BENZOPLAST LIMITED CIN: L24200MH1986PLC039836 Regd. Office: Dina Building, 1st Floor, 53, Maharshi Karve Road, Marine Lines, Mumbai - 400 002 Tel: 022- 6140 6000/22001928 Email: compliance@gblinfra.com Website: www.ganeshbenzoplast.com 6. Details of any The Hon’ble Supreme Court vide its order change in the dated August 18, 2026, dismissed the appeal status and / or any filed by Progfin against the NCLAT Order. development in relation to such proceedings Corp Office: 501/ 502, 'C' Wing, Lotus Corporate Park, Off. Western Express Highway, Laxmi Nagar, Goregaon (East), Mumbai - 400063.