Pokarna Limited has disclosed that it received a demand notice from the Department of Mines and Geology, Government of Andhra Pradesh, on May 15, 2026. The notice, issued by the District Mines & Geology Officer, Tirupati, alleges misuse of dispatch permits and unlawful excavation and transportation of colour granite. The company made the disclosure pursuant to Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

Details of the Demand Notice

The authorities have alleged that the company misused dispatch permits of colour granite within the leased area and conducted unlawful excavation and transportation from outside the leased area. Consequently, a demand aggregating to Rs 33,39,58,289 has been raised under the APMMC Rules, 1966. The breakdown of the demand includes various fees and penalties calculated by the department.

Breakdown of Charges

The total demand of Rs 33.39 crore is composed of several specific components related to the alleged violations. The following table details the financial implications as per the notice received by the company.

Company Response and Impact

In response to the notice, Pokarna Limited stated that it has sought advice from its legal counsel. The company believes that the demand raised by the authorities is not maintainable. It is currently in the process of preferring an appeal against the said notice. Consequently, the management has assessed that there is no immediate impact on the financials, operations, or other activities of the company arising from this notice.

Pokarna Limited has notified the stock exchanges of an upcoming board meeting scheduled for Thursday, May 28, 2026, in accordance with Regulation 29 of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015. The meeting has been convened to consider key financial and corporate matters pertaining to the quarter and year ended March 31, 2026.

Board Meeting Agenda

The board of directors will deliberate on the following key items during the meeting:

• Audited Standalone and Consolidated Financial Results for the quarter and year ended March 31, 2026 — to be considered, approved, and taken on record
• Recommendation of final dividend, if any, on the equity shares of the company for the year ended March 31, 2026

The following table summarizes the key details of the scheduled board meeting:

Trading Window Closure

Pursuant to the company's earlier communication dated March 26, 2026, the trading window for trading in the securities of the company remains closed for promoters, directors, officers, and designated employees. The closure, which commenced from April 1, 2026, will continue until 48 hours after the declaration of the audited standalone and consolidated financial results for the quarter and year ended March 31, 2026.

The intimation was signed by Pratima Khandu Gulankar, Company Secretary and Compliance Officer (ACS: 66794), on behalf of Pokarna Limited, and was filed on May 18, 2026. The company is headquartered at Surya Towers, 105, Sardar Patel Road, Secunderabad 500 003, Telangana, India.