Giving guarantees/indemnity/ becoming a surety for third party

July 8, 2026 The Listing Department The Listing Department Bombay Stock Exchange Limited National Stock Exchange of India Limited Phiroze Jeejeebhoy Towers, 'Exchange Plaza', Dalal Street, Bandra-Kurla Complex, Bandra (East), Mumbai – 400 001. Mumbai – 400 051. Scrip Code: 540048 Symbol: SPAL Sub: Disclosure under Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 Dear Sir/ Madam, This is to inform you that S.P Apparels Limited (“Company”) has issued corporate guarantee to The Hongkong and shanghai Banking Corporation Limited for an amount of Rs. 12,51,33,300. /- (Rupees Twelve Crores Fifty One Lakhs Thirty-Three Thousand Three Hundred Only) as security for the term loan facility availed by S.P Apparels (UK) P Limited, a Wholly owned Subsidiary of the Company. The relevant details required as per SEBI Master Circular HO/49/14/14(7)2025-CFD- POD2/I/3762/2026 dated 30th January 2026 are enclosed herewith. Kindly take the same on your record and acknowledge. Thanking you. Yours faithfully, For S.P.Apparels Limited, K.Vinodhini Company Secretary and Compliance Officer Encl: As above Details under Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations 2015 read with SEBI Master Circular HO/49/14/14(7)2025-CFD- POD2/I/3762/2026 dated 30th January 2026: S. Particulars Details 1. Name of party for which such guarantees or SP Apparels (UK) P Limited indemnity or surety was given 2. Whether the promoter/ promoter group/ group Yes, Mr. P. Sundararajan, Chairman & companies have any interest in this Managing Director of the Company of the transaction? If yes, nature of interest and Company is a director in the SP Apparels details thereof and whether the same is done at (UK) P Limited “arm’s length” 3. Brief details of such guarantee or indemnity or Corporate Guarantee to the HSBC UK Bank becoming a surety viz. brief details of PLC for an amount of Rs. 12.51 crores as agreement entered (if any) including security for the term loan facility availed by significant terms and conditions, including S.P Apparels (UK) P Limited. amount of guarantee 4. Impact of such guarantees or indemnity or There is no impact of this guarantee on the surety on listed entity Company other than disclosure in the Financial Statements as a Contingent Liability.