Automobile Products of India has informed that Principal Commissioner of Income Tax, Mumbai-6, by order dated March 30, 2026, has rejected the Company’s revision petition u/s 264 of the Income tax Act, 1961 (‘the Act’) and upheld the additions to the income of Rs 10.60 crores passed under Section 147 read with Section 144 of the Act made by Jurisdictional Assessing Officer (JAO) for Assessment Year 2015-16, with tax demand (including interest) of Rs 10.41 crores and the penalty u/s 271(1)(c) of Rs 3.60 Crores. The financial impact on the company is to the extent of aforesaid tax demand and penalty. The Company is examining the said order and will take appropriate legal steps in due course. The Company has received the aforesaid Orders on March 30, 2026 at about 11:38 AM. This information is also simultaneously disseminated on the website of the Company at https://www.apimumbai.com/investor-relations/investors-information.aspx.

The above information is a part of company’s filings submitted to BSE.