General Updates

Date: 22nd August, 2026 To To The Deputy General Manager The Listing Manager BSE Limited National Stock Exchange of India Ltd. 1st Floor, New Trading Ring Exchange Plaza Rotunda Building, P.J. Towers Bandra (East) Dalal Street, Mumbai – 400001 Mumbai – 400051 Maharashtra, India Maharashtra, India Scrip Code: 532486 Symbol: POKARNA Dear Sir/Madam, Sub: Intimation regarding action Initiated or order passed by regulatory authority. Ref: Regulation 30 read with Schedule III of SEBI (Listing Obligations and Disclosure Requirements), Regulations, 2015 {Listing Regulations} Dear Sir/ Madam, Pursuant to Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, (‘Listing Regulations’) read with Schedule III of the SEBI Listing Regulations, as amended from time to time, this is to inform you that the Company has received show cause notice from Officer of the Commissioner of Central Tax, Government of India. Requisite disclosure pursuant to Listing Regulations read with SEBI Circular No. HO/49/14/14(7)2025-CFD-POD2/I/3762/2026 dated January 30, 2026, in relation to the abovementioned, is attached as “Annexure A”. This is for your information and record. Thanking You, Yours Faithfully, For Pokarna Limited Gautam Chand Jain Chairman & Managing Director (DIN: 00004775) CIN: L14102TG1991PLC013299 Registered and Corporate Office: Surya Towers, 105, Sardar Patel Road, Secunderabad 500 003, Telangana, India. Phone: +91 40 6631 0111, Email: contact@pokarna.com, Web: www.pokarna.com Annexure A Disclosure of information pursuant to SEBI Listing Regulations read with SEBI Circular No.HO/49/14/14(7)2025-CFD-POD2/I/3762/2026 dated January 30, 2026 S. No. Particulars Information of such event(s) 1. Name of the Authority Office of the Commissioner of Central Tax, Guntur Commissionerate, Central GST Sub-Commissionerate, Nellore. 2. Nature and details of action(s) The Company has received a Show Cause Notice taken or order(s) passed bearing O.R. No. 44/2026-GST / reference GEXCOM/ADJN/GST/ADC/733/2026-Adjn. under Section 74 of the Central Goods and Services Tax Act, 2017 and corresponding provisions of the Andhra Pradesh Goods and Services Tax Act, 2017 read with Section 20 of the Integrated Goods and Services Tax Act, 2017. The SCN proposes demand of GST aggregating to ₹2,35,45,724/- along with applicable interest and penalty. 3. Date of receipt of direction or order, 21st August, 2026. including any ad interim or interim orders, or any other communication from the authority 4. Details of violation(s)/ The SCN alleges: (i) short-payment of GST of ₹16,41,145/- contravention(s) committed on account of alleged non-fulfilment of conditions or prescribed under Notification No. 40/2017-Central Tax alleged to be committed (Rate) dated 23rd October, 2017 and Notification No. 41/2017-Integrated Tax (Rate) dated 23rd October, 2017 in respect of certain supplies made to merchant exporters at concessional rate; and (ii) short-payment of GST of ₹2,19,04,579/- on account of alleged short declaration of quantity of black granite blocks dispatched during FY 2020-21 and FY 2021-22. The SCN further proposes applicable interest and penalty under the relevant provisions of the CGST/APGST Acts, 2017 and the IGST Act, 2017. 5. Impact of financial, operation or The SCN proposes GST of ₹2,35,45,724/- and an other activities of the Listed entity, equivalent penalty of ₹2,35,45,724/-, aggregating to quantifiable in monetary terms to ₹4,70,91,448/-, besides applicable interest. The aforesaid the extent possible amounts are proposed demands under the SCN and are not final liabilities determined against the Company. Based on the advice of its legal advisors, the Company is examining the allegations and intends to contest the proposed demand by submitting its detailed response CIN: L14102TG1991PLC013299 Registered and Corporate Office: Surya Towers, 105, Sardar Patel Road, Secunderabad 500 003, Telangana, India. Phone: +91 40 6631 0111, Email: contact@pokarna.com, Web: www.pokarna.com within the prescribed timeline. Accordingly, at this stage, there is no immediate impact on the financials, operations or other activities of the Company on account of the SCN. The final financial implication, if any, will depend upon the outcome of the adjudication proceedings. CIN: L14102TG1991PLC013299 Registered and Corporate Office: Surya Towers, 105, Sardar Patel Road, Secunderabad 500 003, Telangana, India. Phone: +91 40 6631 0111, Email: contact@pokarna.com, Web: www.pokarna.com