AKUMS DRUGS & PHARMACEUTICALS LTD. : UPDATE ON PENALTY ON SUBSIDIARY

• Penalty of INR 3,59,10,000/- imposed on Maxcure Nutravedics Limited, a wholly-owned subsidiary, has been set-aside. • Order passed by the First Appellate Authority, Ahmedabad, Gujarat dated 03rd July, 2026. • The penalty was related to shipping address mistakenly entered incorrect in invoice and e-way bill in October 2025. • No financial impact on the company.

Akums Drugs and Pharmaceuticals Limited

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