The Board of Directors of Committed Cargo Care Limited convened a meeting on May 11, 2026, approving a series of significant corporate actions, including a new board appointment, a proposed acquisition, and disclosing the outcome of a long-standing GST litigation matter. The meeting commenced at 11:00 A.M. and concluded at 12:50 P.M.

Appointment of Additional Non-Executive Independent Director

Based on the recommendation of the Nomination and Remuneration Committee, the board approved the appointment of Mrs. Hema Suri (DIN: 10525195) as Additional Non-Executive Independent Director, not liable to retire by rotation, with effect from May 11, 2026. The appointment is for a term of five consecutive years, subject to approval of members at the ensuing General Meeting of the Company.

The following table summarises the key details of the appointment:

Mrs. Hema Suri is a post-graduate in mass communication from the University of Leicester, UK. She brings extensive experience in media, sales, distribution, business scaling, and international marketing, with strong expertise in network expansion, channel optimisation, and developing efficient distribution frameworks. She also possesses a deep understanding of last-mile delivery and supply chain dynamics. She is associated as a director with SBJD Super Foods & Beverages Private Limited and has worked as the representative of a Russian firm, Exset BV, as the Africa Sales Head.

Proposed Acquisition of Ampersand Logistics Private Limited

The board considered and approved the execution of an indicative and non-binding Term Sheet with Ampersand Logistics Private Limited ('Target'), described as a boutique Delhi-based logistics organisation with its principal place of business at Kalkaji, New Delhi. The proposed transaction involves the acquisition of 100% equity of the Target.

The key strategic rationale cited for the proposed acquisition includes:

• Strengthening the company's overseas network relationships
• Expanding its customer base
• Leveraging the promoters' long-standing experience and expertise in the logistics sector
• Enhancing the company's presence in the project logistics business

The company noted that detailed disclosure pursuant to Regulation 30 of the SEBI Listing Regulations will be submitted after the execution of necessary definitive agreements.

GST Litigation: Largely Favourable Order Received

The company disclosed the outcome of a service tax litigation matter that had been pending before the CGST Delhi East Commissionerate. The Office of the Commissioner of Central Tax, GST Delhi East, had originally issued Show Cause Notice No. 31/2020-21 dated December 14, 2020, demanding service tax of Rs. 17,89,97,629/- for the period from April 2015 to June 2017.

The order dated April 24, 2026, passed by the CGST Delhi East Commissionerate, was received by the company on May 11, 2026. The following table summarises the outcome of the litigation:

The order substantially favoured the company, with the larger demand of Rs. 17,80,24,937/- pertaining to the Pure Agent claim under Cargo Handling Services dropped in its entirety, along with consequential interest and penalty. The demand of Rs. 9,72,692/- relating to Goods Transport Agency services under Reverse Charge Mechanism, including Education Cess and Secondary & Higher Education Cess, was confirmed by the adjudicating authority.

The company stated that the order is appealable and that it is in the process of evaluating appropriate legal remedies, with the intention to contest the confirmed demand and penalty before the appropriate appellate forum.