Vidya Wires Limited — Important, 29-05-2026: Disclosure of material issue

Vidya Wires' wholly-owned subsidiary, ALCU Industries, has received an assessment order from the Income Tax Department for the block period of April 1, 2018, to March 31, 2025. This order raises an income-tax demand of ₹1.75 Cr due to additions and disallowance of certain expenditures.

**Issue:** An income-tax assessment order has been issued to a subsidiary, resulting in a demand of ₹1.75 Cr.

**Possible Impact:** While the company has stated it does not expect a material impact on its financials or operations, investors should monitor any developments related to the appeal.

**Company's Response/Mitigation:** Vidya Wires intends to file an appeal against the order.