Outcome of Board Meeting

Registered Office : 1" Floor, Khivraj Complex 1 No. 480, Anna Salai, Nandanam, Chennai 600 035 Phone :45313000, 45313099 Email : registered@indbankonline.com (A Subsidiary of Indian Bank) CIN No. L65191TN1989PLC017883 Ref: Sec/2026-27 July 8, 2026 Bombay Stock Exchange limited National Stock Exchange of India limited Phiroze Jeejeebhoy Towers Exchange Plaza Dalal Street Bandra Kurla Complex Mumbai 400 001 Bandra (East), Mumbai 400 051 Scrip Code: 511473 Scrip Code: INDBANK Dear Sir/Madam, Sub: Outcome of the Board Meeting The Board of Directors, at its meeting held on 08.07.2026, approved the unaudited financial results for the quarter ended 30.06.2026, along with the 'Limited Review Report' issued by the Auditors for the said quarter. A copy of the financial results and the 'Limited Review Report' is enclosed for your information and records. ?..0 ....... The meeting Commenced at 3.10 PM and concluded at .:~: .. P.M Kindly take the above information on your records. Thanking you, Yours faithfully, /f.. ~\\:Ii, t, ; for lndbank Merchany w,n~ngSef~ices limited ~,_\- ,. I - • . ' -::-1 . \,I<' ,,. '\ '" . / Chi .M.A · ... Company Secretary and Compliance Officer Enclosed: As above INDDANK MERCHANT BANKING SERVICES LIMITED (A Subsidiary of Indian Dank) Regd. Office : First Floor, Khivraj Complex I, No. 480, Anna Saini, Nandanam, Chennai 600035 Phone No. 24313094-97 CIN No: L65 I 9 I TN I 989PLCO 17883 Email: invcstors@indbenkonline.com Website: www.indbankonline.com PARTI Statement of Un-Audited Financial Results for the Ouarter ended 30.06.2026 Three months Preceding three Corresponding Y car to date for Year lo dale for Previous ended months ended three months the current year the Prev year Accounting Year ended in the ended ended ended SI. No. Particulars previous year 30-06-2026 31-03-2026 30-06-2025 30-06-2026 30-06-2025 31-03-2026 Un-Audited Audited Un-Audited Audited Un-Audited Audited Rs.Lakhs (I) Revenue from operations (A) Interest Income 158.29 173.83 170.64 158.29 170.64 684.30 (BJ Dividend Income 0.17 0.17 1.38 (CJ Rental Income 3.91 4.85 4.38 3.91 4.38 16.73 (D) Fees and commission Income 493.23 456.64 462.78 493.23 462.78 1,818.89 (E) Net gain on fair value changes 34.75 (45.84) 30.99 34.75 30.99 (10.03) (I) Total Revenue from Operations (A+D+C+D+E) 690.35 589.48 668.79 690.35 668.79 2,511.27 (II) Other Income 0.13 2.84 0.39 0.13 0.39 4.02 Reversal of Provisions (0.27) 0.00 (Ill) Total Income (1+11) 690.48 592.05 669.18 690.48 669.18 2,515.29 (IV) Expenses Finance Costs 1.03 0.92 7.49 1.03 7.49 18.73 Fees and commission expense 29.72 27.72 35.42 29.72 35.42 132.54 Impairment on financial instruments 6.90 (9.90) 2.69 6.90 2.69 5.43 Provisions and Write Offs 0.20 Employee Benefits Expenses 239.97 261.71 236. 75 239.97 236.75 928.45 Depreciation, amortization and impninncnt 6.55 6.76 5.66 6.55 5.66 23.96 Others expenses 97.94 127.50 102.84 97.94 102.84 440.60 (IV) Total Expenses 382.11 414.71 390.85 382.11 390.85 1,549.91 (VJ Profit I (loss) before exceptional items and tax (Ill-IV) 308.37 177.34 278.33 308.37 278.33 965.38 (VI) Exceptional items (VII) Profit/(loss) before tax (V - VI ) 308.37 177.34 278.33 308.37 278.33 965.38 (VIII) Tax Expense: (I) Curren! Tax 75.87 51.98 67.95 75.87 67.95 256.97 Current Tax ~ Previous years (2) Deferred Tax (5.03) 14.74 (3.51) (5.03) (3.51) 6.68 (IX) Profit I (loss) for the period from continuing operations(VII-VIII) 237.53 110.62 213.89 237.53 213.89 701.73 (X) Profit/(loss) for the period from discontinued operations(Afler tax) 10.75 . 10.75 (XI) Profit/(loss) for the period 237.53 121.37 213.89 237.53 213.89 712.48 (XII) Other Comprehensive Income Items that will not he reclassified 10 profit or loss (a) Remeasurements of the defined benefit plans-Net of tax impact (089) 9.98 (4.51) (0.89) (4.51) (3.56) Items that may be reclassified 10 profit/loss (XIII) Total Other Comprehensive Income (0.89) 9.98 (4.51) (0.89) (4.51) (3.56) (XIV) Total Comprehensicc Income for the period 236.64 131.35 209.38 236.64 209.38 708.92 (XV) Paid up equity share capital 4,437.82 4,437.82 4,437.82 4,437.82 4,437.82 4,437.82 (XVI) Earnings per equity share· Basic and Diluted 0.54 0.27 0.48 0.54 0.48 1.61 Notes I. The Quoted shares held by the company are valued at Fair value as at 30.06.2026 as required by Ind AS 109. 2. The previous year's figures have been regrouped and reclassified. wherever necessary, to conform to the current year's classification. 3. Under rND-AS it has been identified that the company operates only al one segment and hence there is no separate reportable segments as per Indian Accounting Standard 108 (Ind AS) on "Operating Segment'. 4. The above financial results have been reviewed by the Audit Committee _nLBnard and approved by the Board of Directors at their meeting held on 08.07.2026. The statutory auditors have issued au unmodified audit opinion on the financial results. ~ '(,l>-NK/lyQ i ~ By the Order of the Board :5 n For lndbank Merchant Banking Se icese Limited +..,._ Place: Chennai 'Yi, ', l lONJ JI. ,(>Y V HARIBAB Date: 08.07.2026 PRESIDENT AND WHOLE TIME DIRECTOR ANAND & PONNAPPAN Chartered Accountants Limited Review Report on review of Interim Unaudited Financial Results The Board of Directors, Indbank Merchant Banking Services Limited, Introduction: We have reviewed the accompanying statement of unaudited financial results of Ind bank Merchant Banking Services Limited ("the Company") for the quarter and three months ended 30/06/2026 prepared by the company pursuant to the requirements of Regulation 33 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations,2015 as amended ("the Listing Regulations"). The results included in the Statement which is the responsibility of the Company's Management and approved by the Board of Directors, has been prepared in accordance with the recognition and measurement principles laid down in the Indian Accounting Standard 34 "Interim Financial Reporting" ("Ind AS 34"), prescribed under Section 133 of the Companies Act, 2013 read with relevant rules issued thereunder and other accounting principles generally accepted in India and in compliance with Regulation 33 of the Listing Regulations. Our responsibility is to express a conclusion on the Statement based on our review. Scope of Review: We conducted our review in accordance with the Standard on Review Engagement (SRE) 2410, "Review of Interim Financial Information Performed by the Independent Auditor of the Entity" issued by the Institute of Chartered Accountants oflndia. This standard requires that we plan and perform the review to obtain moderate assurance as to whether the financial statements are free of material misstatement. A review is limited primarily to inquiries of company personnel and analytical procedures applied to financial data and thus provides less assurance than an audit. A review is substantially less in scope than an audit conducted in accordance with Standards on Auditing specified under Section 143(10) of the Companies Act, 2013 and consequently does not enable us to obtain assurance that we would become aware of all significant matters that might be identified in an audit. Accordingly, we do not express an audit opinion. No. 468, 'Krishnan Complex' 4th Floor, South Boag Road, T. Nagar, Chennai - 600 017. Ph: 044-24343251 I 45998016 E-mail: anpchennai@aandpca.com Website: www.aandoca.com Conclusion: Based on our review, nothing has come to our attention that causes us to believe that the accompanying statement of Standalone unaudited financial results prepared in accordance with the accounting standards specified under section 133 of the Companies Act 2013 read with Rule 7 of the Companies (Accounts) Rule 2014 (as amended) and other recognized accounting practices and policies has not disclosed the information required to be disclosed in terms of Regulation 33 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 including the manner [Showing first 8,000 characters — download PDF for full document]