Fine imposed by BSE Limited w.r.t to non-compliances of SEBI (LODR) Regulations, 2015 for the quarter ended on 30th June, 2026. The said non-compliances were for reasons beyond the control ....

dlll{ i-iilt $sltl«:ilc-lt ~~: lliR : (91) (033) 2222 5227 Balmer Lawrie Investments Ltd. Regd. Office : 21, Netaji Subhas Road, (A Government of India Enterprise) Kolkata -700 001 Phone : (91) (33) 2222 5227 GIN : l65999WB2001GOI093759 Ref: BLIL/SE/FINE/2026 Date: 26th August, 2026 The Secretary, BSE Limited Phiroze Jeejeebhoy Towers, Dalal Street Mumbai - 400001 Scrip Code: 532485 Dear Sir/Madam, Subject: Disclosure under Regulation 30 read with Point 20 (b) of Para A of Part A of Schedule Ill of Securities and Exchange Board of India ("SEBI") (Listing Obligations and Disclosure Requirements) Regulations, 2015 (as amended) ("Listing Regulations") - Fines imposed by BSE Limited on the Company for the quarter ended on 30th June, 2026 In terms of Regulation 30 read with Point 20 (b) of Para A of Part A of Schedule Ill of the Listing Regulations read with applicable Circulars issued by SEBI in this regard, this is to hereby inform that fines as enumerated hereunder have been imposed on the Company: i. Name of the authority: BSE Limited ii. Nature and details of the action(s) taken or order(s) passed: A total fine of Rs. 9,7 8,220/- (Rupees Nine Lakhs Seventy Eight Thousand Two Hundred and Twenty Only) [inclusive of GST] has been imposed on the Company by BSE Limited vide e-mail dated 25th August, 2026 for non-compliance of Regulations 17(1), 17(2A), 18(1) and 19(1)/19(2) of Listing Regulations for quarter ended on 30th June, 2026. iii. Date of receipt of direction or order, including any ad-interim or interim orders, or any other communication from the authority: 25th August, 2026 iv. Details of the violation(s)/contravention(s) committed or alleged to be committed: The said fines were imposed since, during the quarter ended on 30th June, 2026, the Board of Directors of the Company: a. Comprised of less than 6 (Six) Directors. b. Did not have Independent Director(s) and Woman Director. Website : www.blinv.com E-mail : lahoti.a@balmerlawrie.com c. Consequent to the above: - Composition of the Board of Directors could not be complied with Regulation 17(1) of the Listing Regulations. - The quorum of Board Meetings held during the quarter could not be complied with Regulation 17(2A) of the Listing Regulations. -The composition of the Audit Committee and Nomination and Remuneration Committee could not be in compliance with Regulation 18(1) and Regulation 19(1 )/19(2) of the Listing Regulations. v. Impact on financial, operation or other activities of the listed entity, quantifiable in monetary terms to the extent possible: No immediate impact is expected except a contingent liability of Rs. 9, 78,220/-(Rupees Nine Lakhs Seventy Eight Thousand Two Hundred and Twenty Only) may be created against imposition of the said fines. In this regard, it would also be pertinent to mention that the Company is a Central Public Sector Enterprise under the administrative control of the Ministry of Petroleum & Natural Gas ('Administrative Ministry') and the Article 96B(1) of the Articles of Association of the Company states that so long as the Company remains a Government Company, the President of India shall, subject to provisions of the Companies Act, be entitled to appoint one or more Directors on the Board of the Company which includes Independent Director(s)/Woman Director/Government Nominee Directors(s) to hold office for such period and upon such terms and conditions as the President of India may from time to time decide. Hence, the composition of the Board of Directors is dependent upon the direction of the Administrative Ministry and thus, the aforementioned non-compliances are for factors beyond the control of the Company and accordingly, the Company has made representation to BSE Limited for waiver of the said fines. For Balmer Lawrie Investments Limited Abhishek Lahoti Company Secretary and Compliance Officer