Document Title:

Outcome of Board Meeting - Q1 FY27 Results, Dividend, and Appointments

Summary of Key Information:

Reporting Period (Quarter/Year): Quarter ended June 30, 2026 (Q1 FY27)

Nature of Filing / Announcement: Outcome of Board Meeting pursuant to Regulation 30 & 33 of SEBI (LODR) 2015

Date of Board Meeting / Approval: July 24, 2026 (commenced at 01:30 P.M., concluded at 03:38 P.M.)

Audit Opinion: Clean (Limited Review Report with no qualifications or modifications)

Auditor’s Comment: Based on their review, nothing has come to their attention that causes them to believe the Statement contains any material misstatement.

Key Financial Highlights [Amounts in ₹ lakh]

Standalone Results:

Revenue from Operations: ₹12,996.96 lakh for Q1 FY27 (compared to ₹18,203.59 lakh in Q1 FY26, a decrease of 28.6% YoY)

Total Income: Not explicitly stated separately from revenue.

EBITDA: Not disclosed.

Net Profit: ₹1,060.32 lakh for Q1 FY27 (compared to ₹1,734.39 lakh in Q1 FY26, a decrease of 38.9% YoY)

EPS: Basic and Diluted EPS of ₹4.96 for Q1 FY27 (compared to ₹8.11 in Q1 FY26)

Other Equity: ₹2,138.82 lakh

Cash and Cash Equivalents: Not disclosed.

Debt: Not disclosed.

Consolidated Results:

The company does not have any associate, joint venture, or subsidiary company as on June 30, 2026. Therefore, consolidated results are not applicable and are the same as standalone.

Segment-wise Performance:

The Company is primarily engaged in the manufacturing of Sheet Metal Components and Assemblies within the geographical area of India. Accordingly, there are no reportable operating or geographical segments.

Corporate Actions:

Dividend: The Board recommended a Final Dividend of ₹2.5/- (25%) per equity share of ₹10/- each for the financial year 2025-26. The dividend is subject to approval by shareholders at the forthcoming Annual General Meeting (scheduled for August 29, 2026) and shall be paid within 30 days from the date of its declaration.

Record Date: The Board fixed August 21, 2026, as the record date for determining shareholder eligibility for the final dividend.

No other corporate actions like share splits, bonus issues, buybacks, or capital raises were announced.

Regulatory Disclosures:

Appointment of Auditors: Based on the Audit Committee's recommendation, the Board approved the re-appointment of M/s. JSN & Co., Cost Accountants (Firm Registration No. 000455), as the Cost Auditors of the Company for the financial year 2026-27. Their remuneration was approved, subject to ratification by shareholders.

Appointment/Reappointment of Directors:

(i) Re-Appointment of Mr. Tavinder Singh (DIN: 01175243) as Whole Time Director for a period of one year commencing October 28, 2026, along with his remuneration. This is subject to member approval.

(ii) Re-Appointment of Mr. Nipun Khurana (DIN: 01045301) as an Independent Director for a second term of five consecutive years commencing August 8, 2027. This is subject to member approval.

Both directors are not related to any other director of the Company.

Other Significant Information:

The financial results are prepared in accordance with Indian Accounting Standards (Ind AS).

The Statement includes balancing figures for the quarter ended March 31, 2026.

There were no exceptional items reported for the current quarter (Q1 FY27).

No forward-looking guidance or management outlook was provided in the disclosure.