General Updates

Ref: FWIL/SEC/2026-27/42 Date: August 31, 2026 BSE Limited National Stock Exchange of India Limited Listing Department Exchange Plaza, P.J. Towers, 1st Floor, Bandra Kurla Complex, Dalal Street, Fort, Bandra (E), Mumbai- 400051 Mumbai - 400 001 Symbol: FLAIR Scrip Code: 544030 Dear Sir/Madam, Sub: Intimation under Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 With reference to our earlier intimation dated February 11, 2025 bearing ref no: FWIL/SEC/2024-25/120 and pursuant to provisions of Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) (Second Amendment) Regulations, 2023 read with SEBI Master Circular No. SEBI/HO/CFD/PoD2/CIR/P/0155 dated November 11, 2024, we hereby submit the disclosure regarding Show Cause Notice issued under Section 73 of the CGST Act, 2017, received by the Company from the Office of the State Tax Officer, Ghatak 70 (Valsad), Range-18, Division-8, Gujarat, in continuation of the GST scrutiny/audit proceedings for FY 2022-23, as per Annexure-I. Kindly take the aforesaid on record. Thanking you. Yours truly, For Flair Writing Industries Limited Mr. Vishal Kishor Chanda Company Secretary & Compliance Officer Encl: as above Annexure-I Sr. Particulars Details 1. Name of the authority Office of the State Tax Officer, Ghatak 70 (Valsad), Range-18, Division-8, Gujarat. 2. Nature and Details of the action(s) Show Cause Notice under Section 73 of the CGST taken initiated or order(s) passed Act, 2017 in respect of FY 2022-23. 3. Date of receipt of order/intimation Received on August 31, 2026 4. Details of violation/contravention The Company had earlier received an audit committed or alleged to be observation in respect of FY 2022-23, wherein an committed amount aggregating to Rs. 78,80,221/- was stated. Subsequently, pursuant to the aforesaid proceedings, the Company has received a Show Cause Notice under Section 73 of the CGST Act, 2017, wherein the amount presently quantified aggregates to Rs. 26,27,665/-, comprising tax of Rs. 14,89,386/-, interest of Rs. 9,89,341/- and penalty of Rs. 1,48,938/-. 5. Impact on financial, operations or The Company will submit its reply/submissions other activities of the listed entity before the relevant authorities and pursue the quantifiable in monetary terms to matter on merits. the extent possible. There is no material impact on the financials, operations or other activities of the Company pursuant to the said Show Cause Notice. The financial impact, if any, will be limited to the extent of the final liability, if any, as may be determined upon adjudication, comprising tax, interest and penalty.