Subros Limited — Important, 09-01-2025: Disclosure of material issue

An order has been issued imposing a fine of Rs. 50,000 on Subros Limited by the Hon’ble Chief Judicial Magistrate of Kancheepuram for an alleged violation under Section 92 of The Factories Act, 1948. This fine was a result of an incident where a worker sustained an injury while operating a power press machine. The company managed the worker's treatment and complied with statutory reporting to the local authorities. The payment of the fine has been executed as directed by the court. Importantly, the company has indicated that this incident and the resultant fine will not materially impact its operations or financial performance. Investors should monitor the situation for any potential implications on operational efficiencies and employee safety standards.