HOEC Delays FY26 Audited Financial Results Submission

Date: May 27, 2026

Board Meeting Outcomes

• Board meeting convened on June 11, 2026 to consider and approve audited standalone and consolidated financial statements for financial year 2025-26
• Delay in submission due to changes in Key Management Personnel, Audit Committee constitution, and Statutory Auditors

KMP / Board / Auditor Changes

• Changes occurred in Key Management Personnel including Managing Director & CEO and Chief Financial Officer effective April 01, 2026
• Change in constitution of Audit Committee
• Change in Statutory Auditors due to mandatory rotation requirement

Trading Window Closure

• Trading window remains closed from April 1, 2026 until 48 hours after declaration of audited standalone and consolidated financial results for quarter and financial year ended March 31, 2026