Document Title: Outcome of Board Meeting - Unaudited Standalone Financial Results Q2 & H1 FY26

Summary of Key Information:

Reporting Period (Quarter/Year): Quarter and Half Year ended September 30, 2026

Nature of Filing / Announcement: Unaudited Standalone Financial Results pursuant to Regulation 30 and 33 of SEBI (LODR) Regulations, 2015

Date of Board Meeting / Approval: November 04, 2026 (Commenced at 05:15 PM, concluded at 06:00 PM)

Audit Opinion: Review report with no material misstatements identified (Clean opinion)

Auditor's Comment: The review does not constitute an audit opinion. Nothing came to attention that causes belief that the statement contains any material misstatement.

Key Financial Highlights [₹ in Lakhs]

Standalone Results:

Revenue from Operations: ₹ Nil for Q2 September 2026 (₹398.51 lakhs for Q1 June 2026, not comparable)

Total Income: ₹ Nil for Q2 September 2026 (₹398.51 lakhs for Q1 June 2026)

Net Profit: Net Loss of ₹(5.43) lakhs for Q2 September 2026 (Net Profit of ₹10.30 lakhs for Q1 June 2026)

EPS: Basic and Diluted EPS of ₹(0.02) for Q2 September 2026 (₹0.04 for Q1 June 2026)

Other Equity: Negative ₹(2,461.39) lakhs as at September 30, 2026 (Negative ₹(2,466.26) lakhs as at March 31, 2026)

Cash and Cash Equivalents: ₹1.58 lakhs as at September 30, 2026

Debt: Not specifically disclosed

Half Year Performance (Six Months Ended September 30, 2026):

Revenue from Operations: ₹398.51 lakhs

Total Income: ₹398.51 lakhs

Net Profit: ₹4.87 lakhs

EPS: Basic and Diluted EPS of ₹0.02

Segment-wise Performance:

There are no reportable segments as per Ind AS requirements. Management does not believe segment information would be useful to users.

Corporate Actions:

No dividend declarations, share splits, bonus issues, buybacks, or capital raising activities announced.

Regulatory Disclosures:

The company altered its Memorandum of Association (MoA) during Q2 FY26 to include trading in whole grains (wheat) after obtaining shareholder approval at the AGM.

The company historically engaged in garments, clothing accessories, and storage/warehousing services.

A Triparty MOU exists with Grow House Agro Ltd. and Pervasive Commodities Ltd. regarding consideration of INR 21,30,00,000. Funding obligations from Pervasive Commodities Ltd. are fulfilled, with excess funds recognized as a loan.

Provision for current year tax for Q2 has been recognized. Deferred tax has not been recognized.

Other Significant Information:

The financial results include only Ashapura Intimates Fashion Limited (standalone).

Outstanding balances under receivables and payables are actively tracked with ongoing follow-ups for collections and settlements.

Balance Sheet Position as at September 30, 2026 [₹ in Lakhs]:

Total Assets: ₹266.76 lakhs

Non-current assets: ₹31.90 lakhs (Property, plant and equipment)

Current assets: ₹234.85 lakhs (Sundry Debtors: ₹212.71 lakhs, Other current assets: ₹20.54 lakhs, Cash: ₹1.58 lakhs)

Total Equity: ₹59.75 lakhs (Equity share capital: ₹2,521.14 lakhs, Other equity: Negative ₹(2,461.39) lakhs)

Current liabilities: ₹207.01 lakhs (Trade payables: ₹165.99 lakhs, Other current liabilities: ₹37.88 lakhs, Provisions: ₹1.50 lakhs, Current tax liabilities: ₹1.61 lakhs)

Cash Flow Statement for Half Year Ended September 30, 2026 [₹ in Lakhs]:

Net cash used in operating activities: ₹(10.69) lakhs

Net cash from investing activities: ₹12.27 lakhs (Proceeds from sale of property, plant and equipment)

Net cash flow: ₹1.58 lakhs