This is the continuation of our earlier disclosure dated 11 August 2026 made to the stock exchange in relation to the GST proceedings concerning FY 2020-2021 We hereby inform you that ....

RAGHUVIR SYNTHETICS LIMITED REGD. OFF.: RAKHIAL ROAD, RAKHIAL, AHMEDABAD-380 023. INDIA PHONE: 079- 22911015 - 22911902 - 22910963 Email : info@raghuvir.com Website : http://www.raghuvir.com CIN: L17119GJ1982PLC005424 DATE: 21/08/2026 THE MANAGER, DEPARTMENT OF CORPORATE SERVICES, BSE LTD. DALAL STREET, FORT MUMBAI – 400 001 SUB. - : Update on GST proceedings – Receipt of Show Cause Notice under section 74/74A of the CGST ACT, 2017 read with 74/74a of Gujarat GST Act,2017 and form GST DRC-01 under Rule 100(2) & 142(1)(a)of the CGST Act, 2017 REF. -: Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 SCRIP CODE -: 514316 Respected Sir / Madam, This is in continuation of our earlier disclosure dated 11, August 2026 made to the Stock Exchanges in relation to the GST proceedings concerning FY 2020-21 and FY 2021-22. We hereby inform you that the Company has received an Show Cause Notice under section 74/74A of the Central Goods and Services Tax Act, 2017 from Directorate General of GST Intelligence Ahmedabad Zonal Dated 18 August 2026 for Financial Year 2020-2021 to 2024-2025 and FORM GST DRC-01 on 19th August, 2026, from the GST Department in relation to the aforesaid matter. As per the said intimation, the aggregate amount of tax, interest and applicable penalty has been stated at ₹2,24,20,454. The Company has reviewed the matter and believes that the ITC was appropriately availed under the applicable GST provisions. There is no material impact on the operations of the Company. The Company will continue to monitor the matter and keep the Stock Exchanges informed of any material developments, as may be required under applicable laws and regulations. You are requested to kindly take the above information on record. We are enclosing herewith the details as required under Regulation 30 read of Para A, Part A, Schedule III of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, as Annexure A for the disclosure purposes. Kindly take the same on your records and acknowledge the receipt. Thanking you, Yours faithfully, FOR, RAGHUVIR SYNTHETICS LIMITED SUNIL R. AGARWAL (CHAIRMAN & MANAGING DIRECTOR) DIN: 00265303 Annexure A Details of the GST proceedings / communication Particulars Details Name of the Authority Directorate General of GST Intelligence Ahmedabad Zonal Unit and GST Department Nature and details of the action / Receipt of Show Cause Notice under section 74/74A of the CGST ACT, 2017 read with proceedings 74/74a of Gujarat GST Act,2017 and form GST DRC-01 under Rule 100(2) & 142(1)(a)of the CGST Act, 2017 Date of receipt of 19 August 2026 communication Details of the violation/ contravention committed or The Company has been alleged to have committed violations relating to the availment alleged to be committed and utilisation of Input Tax Credit under the applicable provisions of GST law. Financial years involved FY 2020-21 to FY 2024-25 Relevant statutory provision Section 74 & 74A of the Central Goods and Services Tax Act, 2017 Amount stated in the presently Approximately ₹2,24,20,454 , comprising tax, interest and applicable penalty. The Company is reviewing the Show Cause Notice and will submit an appropriate response within the prescribed time. Based on its preliminary assessment, the Status / Company's response Company believes that the Input Tax Credit was appropriately availed under the applicable GST provisions. The Company believes that the ITC was appropriately availed under the applicable Company's view GST provisions. Impact on operations There is no material impact on the operations of the Company.