Carraro India Limited has notified the stock exchanges of an upcoming Board of Directors meeting scheduled for Tuesday, 26th May, 2026, pursuant to Regulation 29 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The intimation was filed on 14th May, 2026, and signed by Mohith Kumar Khandelwal, Company Secretary and Compliance Officer (Membership No.: F11243).

Board Meeting Agenda

The Board meeting has been convened to address two key items pertaining to the financial year ended 31st March, 2026. The following table outlines the key details of the scheduled meeting:

The Board will consider and approve both the standalone and consolidated audited financial results for the quarter and full financial year ended 31st March, 2026. Additionally, the Board will deliberate on the recommendation of a final dividend, if any, on the equity shares of the company for the same financial year.

Trading Window Closure

In compliance with the SEBI (Prohibition of Insider Trading) Regulations, 2015, and the company's internal Code of Conduct to regulate, monitor, and report trading by designated persons and their immediate relatives, the trading window for dealing in Carraro India's securities was closed effective 1st April, 2026. As per the intimation letter dated 25th March, 2026, the trading window will remain closed until 48 hours after the announcement of the financial results, i.e., up to Thursday, 28th May, 2026 (both days inclusive).

Regulatory Compliance

The board meeting intimation has been filed in accordance with the following regulatory frameworks:

• Regulation 29 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015
• SEBI (Prohibition of Insider Trading) Regulations, 2015 and the Company's Code of Conduct
• Letter of intimation informing closure of trading window dated 25th March, 2026

The filing underscores Carraro India's adherence to its disclosure obligations to both BSE Limited and the National Stock Exchange of India Limited ahead of its financial results announcement.

Carraro India Limited has received a favorable customs order from the Office of the Commissioner of Customs, Pune, providing complete relief from a tax demand of ₹6,37,26,310. The order, bearing reference number PUNE-CUSTOMS-000-COMMR-01/2026-27 and dated May 7, 2026, was received by the company on May 8, 2026, via email at 16:08 p.m. This development follows a Show Cause Notice (SCN) dated September 2, 2025, which had been filed with the stock exchanges on September 3, 2025.

Background and Regulatory Context

The customs dispute pertained to an alleged short levy of Integrated Goods and Services Tax (IGST) at the rate of 10%. Pursuant to the submissions filed and representations made by Carraro India before the tax authorities, the demand was dropped in its entirety. The company disclosed this development to the stock exchanges under Regulation 30 read with Schedule III of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

Key Details of the Customs Order

The following table summarizes the key details of the favorable customs order as disclosed by the company:

Financial and Operational Impact

As a direct consequence of the favorable order, Carraro India has obtained complete relief from the tax demand of ₹6,37,26,310. The company has stated that this shall have the impact of reducing its contingent liability by ₹6,37,26,310. No other financial, operational, or business impact has been disclosed in connection with this order.

The intimation was signed by Mohith Kumar Khandelwal, Company Secretary and Compliance Officer (Membership No.: F11243), on behalf of Carraro India Limited.