Oval Projects Engineering H1 FY27 Results and Board Decisions

The Board Meeting commenced at 4:05 PM and concluded at 4:47 PM on November 4, 2026.

1. Financial Results Approval

Approved unaudited financial results (Standalone & Consolidated) along with Limited Review Report for the half year ended September 30, 2026
Results were reviewed by the Audit Committee and taken on record by the Board

2. Fund-Raising Plan Revision

Board considered proposal for raising funds through issuance of Warrants convertible into Equity Shares on preferential basis
Management recommended expanding scope of fund-raising initiative to maximize capital optimization and align with broader growth objectives
Company evaluating comprehensive, enlarged capital infusion plan including participation from both promoter and non-promoter investor categories
Initially planned to limit issue exclusively to promoter group
Board agreed to consider finalized, broader fund-raising plan at upcoming meeting
Extra-Ordinary General Meeting (EOGM) date aligned to follow approval of comprehensive structure

3. Secretarial Auditor Reappointment

Re-appointed M/s. KKS & Associates Practicing Company Secretary as Secretarial Auditor for Financial Year 2026-27
Krishna Kumar Singh is proprietor of KKS & Associates, a peer-reviewed firm of Practicing Company Secretaries based in Gurugram, Haryana

4. Joint Venture Incorporation

Incorporated Joint Venture Company with EIKO SCIENTIFIC SOLUTIONS LLP by subscribing to MOA
Joint venture to carry on business in the name of OVAL EIKO RESOURCES PRIVATE LIMITED (Proposed Company)

Half Year Ended September 30, 2026 vs September 30, 2025:

Revenue from Operations: ₹7071.98 (vs ₹6096.24)
Other Income: ₹48.82 (vs ₹62.11)
Total Income: ₹7120.80 (vs ₹6158.35)
Profit before tax: ₹884.25 (vs ₹892.05)
Tax Expense: ₹259.23 (vs ₹256.13)
Profit after tax: ₹625.02 (vs ₹635.92)
Basic EPS: ₹3.01 (vs ₹4.01)
Diluted EPS: ₹3.01 (vs ₹4.01)

Full Year Comparison (Audited):

Standalone Balance Sheet as at September 30, 2026:

Share Capital: ₹2076.93 lakhs
Reserves and Surplus: ₹9670.32 lakhs
Total Equity and Liabilities: ₹22597.37 lakhs
Total Assets: ₹22597.37 lakhs
Cash and Bank Balance: ₹2951.48 lakhs (with ₹2808.74 lakhs in deposits with maturity above 3 months)

Half Year Ended September 30, 2026 vs September 30, 2025:

Revenue from Operations: ₹7143.92 (vs ₹5876.78)
Other Income: ₹69.92 (vs ₹88.90)
Total Income: ₹7213.84 (vs ₹5965.68)
Profit before tax: ₹885.50 (vs ₹877.85)
Tax Expense: ₹259.75 (vs ₹273.13)
Profit after tax: ₹625.75 (vs ₹604.72)
Basic EPS: ₹3.01 (vs ₹3.81)
Diluted EPS: ₹3.01 (vs ₹3.81)

Consolidation Details:

Includes financial results of Joint Ventures: Oval Projects Engineering Private Limited Raviraj Bokadia Creative and Oval Projects Engineering Private Limited Transstroy (India)
Prepared using proportionate consolidation method as per Accounting Standard 27

Operations considered as single segment reporting
Figures of previous period have been re-grouped/rearranged/re-classified where necessary
Company has offices in Agartala (Tripura), Gurugram (Haryana), and Pen (Maharashtra)