Please find enclosed herewith details of acceptance of One Time Settlement sanctioned by Sugar Development Fund through IFCI Limited.

26th August,2026 BSE Ltd. Phiroze Jeejeebhoy Towers, Dalal Street, Mumbai 400 001 Scrip Code: 507180 Sub: Disclosure under Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 - One Time Settlement (OTS) Dear Sir/Madam, Pursuant to Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 read with Para A of Part A of Schedule III thereto, we wish to inform you that the Board of Directors of the Company have on 25.08.2026, accepted One-Time Settlement (OTS) sanctioned by Sugar Development Fund (SDF) through IFCI Limited. Relevant details required to be disclosed under Regulation 30 are as follows: a. Reasons for opting for OTS: The Company had outstanding dues under a Cogeneration Loan availed from the SDF, administered through IFCI Limited. The OTS was opted for and processed in accordance with the statutory scheme under the Sugar Development Fund Act, 1982, read with the Sugar Development Fund Rules, 1983, in order to conclusively settle the said dues. b. Brief summary of the OTS: The Company has received the Administrative Approval letter dated August 18, 2026, approving the OTS of the Cogeneration Loan. The settlement amount is required to be paid within a period of 6 (six) months from the date of the Administrative Approval. As the acceptance of the Board of Directors was received in late evening only on 25.08.2026, the disclosure is being filed as expeditiously as possible. This is for your information and appropriate dissemination. Thanking you, Yours faithfully, For Kesar Enterprises Limited Gaurav Sharma Company Secretary & Vice President (Legal & HR)