SEPC Limited has received an Administrative Warning Letter from the Securities and Exchange Board of India (SEBI), the company disclosed on May 4, 2026, pursuant to Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The warning letter, dated April 30, 2026, was received by the company on May 4, 2026.

Reason for SEBI Warning

The Administrative Warning Letter was issued by SEBI in connection with the delayed disclosure of arbitration proceedings and a settlement agreement with Hindustan Copper Limited. The disclosure was made under Regulation 30 of the SEBI (LODR) Regulations, 2015, which mandates listed entities to promptly inform stock exchanges of material developments.

Key details of the regulatory communication are summarised below:

Company's Response and Next Steps

SEPC Limited stated that the Administrative Warning Letter will be placed before the Board of Directors at its forthcoming meeting. The company also reaffirmed its commitment to strengthening its compliance framework and ensuring timely disclosures in accordance with SEBI (LODR) Regulations, 2015.

The intimation was signed by T. Sriraman, Company Secretary and Compliance Officer of SEPC Limited, and was digitally authenticated on May 4, 2026.

SEPC Limited has issued a critical notice to shareholders holding partly paid equity shares, demanding immediate payment of the final call amount or face forfeiture of their holdings. The company dispatched the first and final reminder-cum-forfeiture notice on April 13, 2026, affecting a substantial number of outstanding shares from its rights issue.

Call Payment Details and Timeline

The Rights Issue Committee, authorized by the Board of Directors at its November 12, 2025 meeting, approved the issuance of this final notice for call payment. The notice pertains to 49291505 partly paid equity shares that remain outstanding from the rights issue conducted pursuant to the Letter of Offer dated May 22, 2025.

Payment Process and Requirements

Shareholders must make payments exclusively through the designated online portal at https://rights.cameoindia.com/sepccallmoney1 . The company has established strict payment guidelines to ensure compliance:

• Cash payments will not be accepted under any circumstances
• No partial payments will be processed
• Third-party bank account payments are liable for rejection
• Only net banking and UPI payment methods are available
• The facility is restricted to Resident/NRO eligible shareholders only

Conversion and Corporate Action Details

Upon successful payment of the call money, the Board or its authorized committee may convert the ₹5.00 partly paid equity shares to ₹10.00 fully paid equity shares. This conversion process will occur in tranches at the Board's discretion, potentially during the payment period itself.

Regulatory Compliance and Notification

In continuation of its previous intimation dated April 13, 2026, the company has fulfilled its regulatory obligations by notifying both the National Stock Exchange of India Limited (NSE Symbol - SEPC) and BSE Limited (Scrip Code: 532945) about the dispatch of the forfeiture notice. The notification was formally submitted on April 15, 2026, by Company Secretary and Compliance Officer T. Sriraman.

Newspaper Advertisement Campaign

The company has published newspaper advertisements on February 14, 2026, across multiple publications to ensure maximum reach to shareholders. The advertisements appeared in Financial Express (English), Makkal Kural (Tamil), and Financial Express (Gujarati) newspapers, providing comprehensive coverage across different linguistic regions.

Forfeiture Warning and Consequences

The company has issued a stern warning regarding non-payment consequences. Shareholders who fail to pay the call money by the April 29, 2026 deadline will face forfeiture of their partly paid equity shares, including any amounts previously paid. Additionally, SEPC Limited reserves the right to deduct outstanding call amounts and interest from any future dividend payments to defaulting shareholders.

Support and Contact Information

Cameo Corporate Services Limited serves as the Registrar and Share Transfer Agent for this call payment process. Shareholders requiring assistance can contact the support team at multiple phone numbers including 044-40020700, 044-40020712, 044-40020785, and 044-40020764, or email rights@cameoindia.com . The company has also made detailed instructions and FAQ documents available on both the online payment portal and the company website at www.sepc.in .