1. Change in Director / Key Managerial Personnel

Nature of change: Appointment of two Additional Directors in the Category of Independent Director

Mr. Rajesh Nagardas Gandhi (DIN: 02644916)

  • Effective date: August 14, 2026
  • Term: 5 years, subject to approval by members in the ensuing Annual General Meeting
  • Profile: Over four decades of experience in Radiation Physics, Industrial Inspection Services, Professional Services and Information Technology. Holds Diploma in Radiological Physics from BARC, Mumbai University with specialization in Radiation Physics. Expertise in NDT/NDE techniques, industrial inspection, quality control, heat treatment and technical consultancy services across fabrication, heavy engineering, refinery, petrochemical, defence, nuclear and other industrial sectors. Founder/Director of Industrial Inspection Services Private Limited with significant entrepreneurial and managerial experience.
  • Relationship: Not related to any Directors, Key Managerial Personnel or Promoters of the Company
  • Eligibility: Not debarred from holding office of Director by virtue of any SEBI order or any other authority

Mr. Samarth Ishwar Bhimani (DIN: 11873660)

  • Effective date: August 14, 2026
  • Term: 5 years, subject to approval by members in the ensuing Annual General Meeting
  • Profile: Civil Engineer and Licensed Surveyor with over three years of professional experience in real estate development sector. Education from Viva Institute of Technology. Associated with DevGanga Associates since March 2026. Technical foundation in Civil Engineering with hands-on industry experience and understanding of real estate development.
  • Relationship: Not related to any Directors, Key Managerial Personnel or Promoters of the Company
  • Eligibility: Not debarred from holding office of Director by virtue of any SEBI order or any other authority

2. Key Financial or Operational Approvals

The Board approved the Standalone & Consolidated Unaudited Financial Results for the Quarter ended June 30, 2026 along with the Limited Review report.

Standalone Financial Results (₹ in Lakhs):

  • Revenue from Operations: 11,962.41 (Q1 FY2027) vs 10,483.58 (Q1 FY2026)
  • Total Income: 11,998.51 vs 10,600.27
  • Profit Before Tax: 696.39 vs 784.96
  • Tax Expenses: 200.87 vs 212.71
  • Profit for the Period: 495.52 vs 572.25 (down 13.4%)
  • Total Comprehensive Income: 493.27 vs 570.38
  • Basic EPS: ₹2.02 vs ₹2.34
  • Diluted EPS: ₹2.02 vs ₹2.34

Consolidated Financial Results (₹ in Lakhs):

  • Revenue from Operations: 11,981.28 vs 10,483.58
  • Total Income: 12,016.37 vs 10,600.27
  • Profit Before Tax: 679.04 vs 784.96
  • Tax Expenses: 200.87 vs 212.71
  • Profit for the Period: 478.17 vs 572.25
  • Total Comprehensive Income: 473.77 vs 570.38
  • Basic EPS: ₹1.95 vs ₹2.34
  • Diluted EPS: ₹1.95 vs ₹2.34

Auditor's Opinion: The independent auditor's limited review report stated that nothing has come to their attention that causes them to believe that the accompanying statement contains any material misstatement.

3. Strategic or Business Context

The company operates in a single reportable segment - "Aluminium Composite Panels".

The consolidated financial results include:

  • Euro Panel Products Limited (Holding Company)
  • Euro Panel Products Trading W.L.L., Qatar (Wholly Owned Subsidiary incorporated August 28, 2025)
  • Euro Sealant Private Limited (Subsidiary incorporated April 28, 2026)

The Qatar subsidiary contributed revenue of ₹18.86 lakhs and net loss of ₹18.63 lakhs for the quarter ended June 30, 2026.

4. Any Other Material Information

Subsidiary Update: The Company incorporated a new subsidiary Eurobond Dimensions Private Limited with 70% stake, having registered office at Mumbai. The subsidiary received its certificate of incorporation on July 15, 2026.

Operational Incident: Due to heavy rains, there were damages to inventory at factory. Management is in the process of assessing the amount and subsequently lodging a claim with insurance company.

Trading Window: The trading window for trading in securities of the Company by insiders was closed on July 01, 2026, and shall be opened after 48 hours from the declaration of Financial Results i.e. on August 16, 2026.

Board Meeting Duration: The Board Meeting commenced at 10:00 a.m. and concluded at 1:30 p.m. on August 14, 2026.