Reply to Clarification- Financial results

OMKAR SPECIALITY CHEMICALS LIMITED Registered Office:- Mahalasa Narayani, Ganesh Chowk, Manjarli, Badlapur (East), Thane – 421503, Maharashtra Ci CIN: L24110MH2005PLC151589 Email:- omkar@kshitijpolyline.co.in Web:- www.omkarchemcicals.com Mobile:- +91 90818 72449 7th Aug’26 The Listing Compliance Department The National Stock Exchange of India Limited Exchange Plaza, Bandra-Kurla Complex, Bandra (East), Mumbai – 400 051 NSE Symbol: OMKARCHEM Subject: Clarification with respect to the Query Raised on the Audited Financial Results for the Financial Year Ended 31st March, 2026 Dear Sir/Madam, This is with reference to the query raised by the Exchange in relation to the Audited Financial Results of the Company for the financial year ended 31st March, 2026, which were approved by the Board of Directors at its meeting held on June 12, 2026. In this regard, we wish to inform you that the observations raised by the Exchange have been duly addressed. The Company has made a revised submission of the Audited Financial Results for the financial year ended 31st March, 2026 after incorporating the necessary modifications, including: 1. Submission of the machine-readable/legible copy of the Audited Financial Results. 2. Submission of the Financial Results in the format prescribed under the applicable provisions of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 and the relevant circulars issued by the Exchange. 3. Submission of the Declaration pursuant to Regulation 33(3)(d) of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 confirming that the Statutory Auditor has issued an Unmodified Audit Opinion on the Financial Statements. We, therefore, request you to kindly take the revised filing along with the enclosed declaration on record and treat the query raised by the Exchange as duly complied with and resolved. Kindly acknowledge the same. Thanking you. Yours faithfully, For Omkar Speciality Chemicals Limited Mahendra Kumar Jain Additional Director DIN: 09765526 @ OMKAR SPECIALITY CHEMICALS LIMITED Registered Office:- Mahalasa Narayani, Ganesh Chowk, Manjarli, Badlapur (East), Tha— n421e503 , Maharashtra CIN: L24110MH2005PLC151589 OMKREF Email:- omkar@kshitijpolyline.co.in Web:- www.omkarchemcicals.com Mobile:- +91 90818 72449 Always the leaders August 07", 2026 To, To, The Listing Department, The Listing Department, BSE Limited National Stock Exchange of India Limited Phiroze Jeejeebhoy Towers, Dalai Exchange Plaza, C-1, Block - G, Bandra Kurla Street, Mumbai - 400 001 Complex, Bandra (East), Mumbai - 400 051 Serip Code: 533317 NSE Symbol: OMKARCHEM Scrip Name: OMKARCHEM Sub: Outcome of Board Meeting held on June 12, 2026 under Regulation 30 of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015, as amended (the “Listing Regulations”). Dear Sir / Madam, Pursuant to the provisions of Regulation 30 (read with Part A of Schedule III) and Regulation 33 and Schedule 111, Part A, Para A (1) of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015, we hereby inform you that the Board of Directors of the Company at its meeting held today, i.e., on Friday, June, 12, 2026 inter-alia considered and approved the following: 1. Standalone Audited Financial Statements of the Company for the quarter and financial year ended March 31, 2026. A copy of the same in enclosed herewith. 2. The Board approved constitution of Nomination and Remuneration Committee. Name Designation Mr. Bhupeshkumar Jain Independent Dire— cChtairoperrso n Mr. Ruhini Kumar Chakraborty Independent Director —Member Ms. Muskaan Pherwani Independent Director —Member 3. The Board has approved the change of the registered office address within the local limits of the same city/town/village. The Board Meeting commenced at 04:00 p.m. and concluded at 07:35 p.m. @ OMKAR SPECIALITY CHEMICALS LIMITED Registered Office:- Mahalasa Narayani, Ganesh Chowk, Manjarli, Badlapur (East), Thane — 421503, Maharashtra CIN: L24110MH2005PLC151589 OMKREF Email:- omkar @kshitijpolyline.co.in Web:- www.omkarchemcicals.com Mobile:- +91 90818 72449 Always the leaders The aforementioned information is also being made available on the Company's website at www.omkarchemicals.com We request you to kindly take the above on record. For Omkar Speciality Chemicals Limited MAHENDRA s s KUMAR JAIN 255 Mahendra Kumar Jain Chairman & Director DIN: 09765526 Encl: as above ' RR. TIBREWALA & CO. CHARTERED ACCOUNTANTS Mumbai: 503, Atlanta Estate, G.M. Link Road, Goregaon- East, Mumbai- 400063 Ahmedabad: 701, Surmount Tower, Near Iscon Mega Mall, S.G. Highway, Ahmedabad- 380015 Email: rrtco75mumbai@gmail.com Tel. No.: +91 9867689583 INDEPENDENT AUDITOR'S REPORT To the Members of OMKAR SPECIALITY CHEMICALS LIMITED, Report on the Audit of the Financial Statements Opinion We have audited the Financial Statements of Omkar Speciality Chemicals Limited (‘the Company”), which comprise the Balance Sheet as at March 31, 2026, the Statement of Profit and Loss, the Cash Flow Statement and the Statement of Changes in Equity for the year then ended, and notes to the Financial Statements, including a summary of significant accounting policies and other explanatory information (hereinafter referred to as the “Financial Statements”). In our opinion and to the best of our information and according to the explanations given to us, the aforesaid Financial Statements give the information required by the Companies Act, 2013, as amended (‘the Act) in the manner so required and give a true and fair view in conformity with the accounting principles generally accepted inIndia, including the Indian Accounting Standards (“Ind AS”) specified under Section 133 of the Act, of the state of affairs of the Company as at March 31, 2026, and its loss, its cash flows and the changes in equity for the year ended on that date. Basis for Opinion We conducted our audit of the Financial Statements in accordance with the Standards on Auditing (SAs) specified under section 143(10) of the Act. Our responsibilities under those Standards are further described in the “Auditor's Responsibilities for the Audit of the Financial Statements” section of our report. We are independent of the Company in accordance with the ‘Code of Ethics’ issued by the Institute of Chartered Accountants of India together with the ethical requirements that are relevant to our audit of the Financial Statements under the provisions of the Act and the Rules thereunder, and we have fulfilled our other ethical responsibilities in accordance with these requirements and the Code of Ethics. We believe that the audit evidence we have obtained is sufficient and appropriate to provide a basis for our opinion on the Financial Statements. Emphasis of Matter We draw attention to Note 4 to the Financial Statements, which describes that the Resolution Plan submitted by Khitij Polyline Limited (“Resolution Applicant”) under the Corporate Insolvency Resolution Process (“CIRP”) of the Company was approved by the Hon’ble National Company Law Tribunal (“NCLT"), Mumbai Bench, vide its order dated 31 July 2025. Pursuant to such approval, effect has been given to the Resolution Plan in these Financial Statements, including restatement of certain assets and liabilities as at the implementation date, as more fully explained in the aforesaid note. Our opinion is not modified in respect of this matter. We further draw attention to Note 5 to the Financial Statements regarding the basis on which the Financial Statements have been prepared on a going concern basis, as explained therein. Our opinion is not modified in respect of this matter. Other Matter The Financial Statements of the Company for the year ended March 31, 2025 were audited by the predecessor auditor, Satya Prakash Natani & Co., Chartered Accountants, who expressed an unmodified opinion with an emphasis of matter o [Showing first 8,000 characters — download PDF for full document]