Precision Electronics Ltd. — Legal Proceedings Report 2026

Mar 28, 2026

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PEL/BSE/50/2025-26

March 28, 2026

BSE Limited, Corporate Relationship Department, Phiroze Jeejeebhoy Towers, Dalal Street, Mumbai-400 001

Scrip Code- 517258

Dear Sir/ Ma’am,

Sub: Disclosure under Regulation 30 of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015, as amended (“SEBI Listing ” - Regulations ) Update on Tax litigation or dispute

Pursuant to Regulation 30 read with Part A of Schedule III of the SEBI Listing Regulations, please find enclosed details of the Order passed by the Office of the Assistant Commissioner of Central Goods and Service Tax, Roorkee Division, Haridwar.

In this regard, please find below the details required pursuant to Regulation 30, read with Part A of Schedule III of the SEBI Listing Regulations, read with SEBI Master Circular No. SEBI/HO/CFD/PoD2/CIR/P/0155 dated November 11, 2024.

Particulars	Details
Name of the authority	The Office of the Assistant Commissioner of Central Goods and Service Tax, Roorkee Division,Haridwar
Nature and details of the action(s) taken or order(s) passed	Order-in-Original under Section 74 of CGST Act, 2017 for the period April 2019 to March 2021.
Date of receipt of direction or order, including any ad-interim or interim orders, or any other communication from the Authority	The same was received by the Company on March 27, 2026

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Details of violation(s) / contravention(s) committed or alleged to be committed

 Para 5 involving Input Tax Credit of Rs. 7,01,789/- (IGST), which was not admissible to them under Section 16(1) & 17(5) of the CGST Act, 2017.  Para 6 involving IGST Rs. 15,49,038/-, on account of non-payment of @18% IGST for Import of Service under Reverse Charge Mechanism  Para 7 involving tax of Rs.71,192/- (CGST Rs.35,596/- + SGST Rs.35,596/-), on account of non-payment of GST on electricity charges  Total: Rs. 23,22,019  Penalty at 100% of tax demand - Rs. 23,22,019.  Interest as applicable

Impact on financial, operation or other activities of the listed entity, quantifiable in monetary terms to the extent possible.

Based on the Company’s assessment, this Order is currently appealable, and we will exercise our right to appeal before the Commissioner of Appeals. The Company does not envisage any material impact on its financials, operations, or other activities.

This is for your information and record.

Thanking you,

Yours faithfully,

For Precision Electronics Limited

Punit Digitally signed by Punit Amarpalsingh Bajaj Amarpalsingh Date: 2026.03.28 Bajaj 23:20:11 +05'30'

Punit A. Bajaj

Company Secretary and Compliance Officer Memb. No.: F13366

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