Outcome of Board Meeting

CMI/CS/2026-27/ September 15, 2026 BSE Corporate Compliance & Listing Centre Listing Department BSE Limited National Stock Exchange of India Phiroze Jeejeebhoy Towers, Dalal Street, Exchange Plaza', Bandra Kurla Complex, MUMBAI-400001 MUMBAI-400051 BSE Scrip Code: 517330/ NSE Scrip Code: CMICABLES Sub: Announcement pursuant to Regulation 30 and 33 of SEBI (Listing Obligations and Disclosures Requirements) Regulations, 2015 Sir, As informed earlier vide our intimation dated August 03, 2023 regarding the initiation of corporate insolvency resolution process ("CIRP") in the case of CMI Limited ("the Company") under Section 7 of The Insolvency and Bankruptcy Code, 2016, filed by the Financial Creditor Canara bank and initiating the Corporate Insolvency Resolution Process under Insolvency and Bankruptcy Code, 2016 ("IBC"). Pursuant to Regulation 30 & 33 of SEBI (Listing Obligations and Disclosure Requirements) Regulation, 2015, as amended, we wish to inform that the Board of Directors of the Company (Power Suspended) at its meeting held today i.e. 15th September, 2026, upon authorisation of Resolution Professional of the Company has, inter alia, approved Unaudited Financial Results together with the Limited Review Report thereon by the Auditors for the quarter and nine months ended 31st December, 2025 and the same is enclosed as Annexure-1. The Meeting commenced at 03:00 P.M. and concluded at 04:25 P.M. This is for your information and record. Thanking you, For CMI LIMITED TANYA COMPANY SECRETARY CA( KUMAR PRAMOD & ASSOCIATES CHARTERED ACCOUNTANTS B-1/10, Lower Ground Floor, Hauz Khas, New Delhi-110016, Ph.: 011-35569136, 011· 41570133, Call: +91 9810276808 IND I A veriety.financial@gmail.com, ver1ety_financlal@yahoo.com Letter/Certificate Ho.: KPA/2026-27n1 The Resolution Professional CMI limited New Delhi LIMITED REVIEW REPORT OH THE UNAUDITED FINANCIAL RESULTS OF CMI LIMITED ("THE COMPANY") FOR THE QUARTER AND NINE MONTHS ENDED 31st DECEMBER 2025, WHILE THE COMPANY IS UNDER CORPORATE INSOLVENCY RESOLUTION PROCESS PURSUANT TO THE INSOLVENCY AND BANKRUPTCY CODE, 2016 (IBC) Dear Sir, 1. SCOPE OF REVIEW We have reviewed the accompanying statement of unaudited financial results of CMI limited for the quarter and nine months ended on 31st December 2025 attached herewith, being submitted 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"). Our review was limited to this specific document as initiated by us for identification. 2. RESPONSIBILITY AND ACCOUNTING FRAMEWORK This statement, which is the responsibility of the Resolution Professional of the Company, has not been prepared in accordance with the recognition and measurement principles laid down in Indian Accounting Standard 34, (Ind AS 34) "Interim Financial Reporting" prescribed under Section 133 of the Companies Act, 2013 as amended. Rather, it has been prepared in accordance with the accounting principles generally accepted in India under Rule 7 of the Companies (Accounts) Rules, 2014. Our responsibility is to issue a report on these financial statements based on our review. 3. NATURE OF REVIEW PROCEDURES We conducted our review of the Statement in accordance with -the Standard on Review Engagements (SRE) 2410 "Review of Interim Financial Information Performed by the Independent Auditor of the Entity", issued by the Institute of Chartered Accountants of India (ICAI). 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. We have not performed an audit and accordingly, we do not express an audit opinion. -4. MATTERS REQUIRING DISCLOSURE AND ACCOUNTING TREATMENT ~sed on our review conducted as above, we have noted following matters requiring attention 10 the accompanying statement of unaudited financial results, which are required to be disclosed in terms of Regulation 33 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, Including the mamer In which It Is to be disclosed, or that It contains any material misstatement. A. GOING CONCERN CONCEPT (a) Accumulated Losses and Erosion of Net Worth The accumulated losses of the company at the close of 31st December 2025 amounting to Rs.17,043.21 lakhs as against which the paid-up capital of the company is Rs.1,603.07 Lakhs. The losses have totally eroded the net worth of the company. The company has been Incurring continued losses for the past many years, which raises significant concerns regarding the going concern ass001ption. (b) Non-Compliance with IND AS Disclosure The Company is under corporate insolvency resolution process under the Insolvency and Bankruptcy Code, 2016 (IBC). The financial Statements are prepared In accordance with the accounting principles generally accepted in India, Including the AccOUlting Standards specified under Section 133 of the Companies Act, 2013, read with Rule 7 of the Companies (Accounts) Rules, 2014 and not IND AS. (c) Contingent Liabilities -Tax Matters Liabilities may arise under litigation with the income tax department, TOS disputes and GST department. These could not have been ascertained and calculated due to details not being available with us, in accordance with applicable provisions of the Income Tax Act, 1961, and the GST Act, 2017. (d} Fixed Assets Valuation The fixed assets register is not available. Hence, the value is taken at book value as balance brought forward from previous years and need physical verification report for the same. (e} Bank and Investment Confirmations Confirmation of loan account, bank account and investments are not available, and account balances are subject to reconciliation and verification with third parties. (f} Inventory Valuation Quantitative details of stock are not available; however, the value of stock is taken at book value as balance brought forward from previous years. (g) Confirmations and Valuations Reconciliations, valuations, (including Property, Plant and Equipment (PPE), inventories, trade receivables, and trade payables) were not made available for our review. (h) Litigation Matters Pending litigations have not been independently verified by the auditor. Adequate disclosure regarding legal proceedings and probable outcomes should be made by management in accordance with IND AS 37 (Provisions, Contingent Liabilities and Contingent Assets). B. AUDITOR'S DISCLAIMER Due to the Company being under Corporate Insolvency Resolution Process pursuant to the Insolvency and Bankruptcy Code, 2016 ("IBC") and matters described in Section 4(A) above, we have not been able to obtain sufficient appropriate audit evidence to provide a basis for an audit opinion. Accordingly, we do not express an opinion on these financial statements. For Kumar Pramod & Associates Chartered Accountants Firm Registration Number 011784N CA Pramod (Partner) Membership No. 090445 UDIN: ,,oqo4,4,S'"O.PI: P!,\~liQO Date : 15-09-2026 Place : New Delhi