Reply to Clarification- Financial results

GLOBAL 09t July, 2026 The Manager Listing Department National Stock Exchange of India Limited Exchange Plaza, C-1, Block-G, Bandra Kurla Complex, Bandra (E) Mumbai - 400 051 Symbol: GBGLOBAL Sub: - Reply to your email dated 08 July, 2026 Dear Sir/Madam, We acknowledge the receipt of your email dated 08™ July, 2026 pertaining to the queries raised by your good office, seeking clarifications. The detailed reply of the same is as follows: \ Sr. No. Query Management Response 1 The company has not submitted the | It is hereby declared that the Statutory Statement of Impact of Audit | Auditors of the Company, M/s. Bhuta Qualifications in case of modified | Shah & Co. LLP, Chartered Accountants opinion(s) - Standalone and | (Firm Registration No. Consolidated separately 10147W/W100100) have issued the Audit Report with qualified opinion for the Audited Financial Results (Consolidated) of the Company for the quarter and year ended 31 March, 2026. Further, as per the understanding of both the auditors and the management, there is no impact on the Audited Financial Results (Standalone) of the Company for the quarter and year ended 31t March, 2026. Accordingly, at the time of submission of the said results, the Company had not attached GB GLOBAL LIMITED GLOBAL the statement of impact of audit qualification on standalone results. However, In compliance with your query, we are hereby enclosing the statements on the impact of audit qualification (Standalone and Consolidated) for the quarter and year ended 31°t March, 2026. Further as per the query raised by your good office, we have previously submitted the statements on the impact of audit qualification (Standalone and Consolidated) for the quarter and year ended 315 March, 2026 Refer to Annexure - A attached herewith Financial results submitted in XBRL In this regard, we would like to clarify with discrepancies - Mismatch in that while filing the XBRL submission, figures of Standalone and certain technical difficulties were Consolidated Cash Flow Statement encountered, due to which the figures mentioned in XBRL and PDF reported in the XBRL filing could not be aligned with the corresponding figures disclosed in the PDF version of the financial results. Further as per the query raised, we have duly submitted the XBRL and have also attached acknowledgement copy of the same as Annexure- B1 for Standalone XBRL (original) submitted on 29t May, 2026 Annexure- B2 for Consolidated XBRL original) submitted on 29t May, 2026. Annexure - C1 for Standalone XBRL (revised) submitted on 25 June, 2026. Annexure- €2 for Consolidated XBRL (revised) submitted on 25t June, 2026. GB GLOBAL LIMITED prae: CIN: LI7120MH1984PLCN3ISSS You are requested to take the same on your records. Thanking you, Yours faithfrll_& For L Chairman & Managing Director DIN: 00189355 GLOBAL GB GLOBAL LIMITED (formerly known as Mandhana Industries Limited) Regd. & Corporate Office : Dev Plaza, 10th Floor, Opp. Andheri Fire Brigade, S.V. Road, Andheri (West), Mumbai -400 pss. Tel.: 91-22-4038 3838 | E-mail:info@gbglobal.in | Website: www.gbglobal.in Annexure A 'GLOBAL ANNEXURE| Statement on Impact of Audit Qualifications (for audit report with modified opinion submitted along-with Annual Audited Financial Results - (Standalone and Consolidated, Standalone Financial Statements {Amount in INR Lakhs) Statement on Impact of Audit Qualifications for the Financial Year ended March 31, 2026 [See Regulation 33 / 52 of the SEBI (LODR) (Amendment) Regulations, 2016} Audited Figures Adjusted Figures 1. sl Particulars (asreported |(audited figures after No. before adjusting adjusting for for qualifications) qualifications) 1. | Turnover / TotaHncome 8,637.27 8,637.27 2. | Total Expenditure 12,966.70 12,966.70 |3 . | Net Profit/(Loss)* 2,904.33 2,904.33 4. | Earnings Per Share after exceptional items* 5.80 5.80 5. | Total Assets* . 65,294.22 65,294.22 | 6. | Total Liabilities* 6529422 65,294.22 7. | Net Worth* 40558.60 40558.60 iAny other financial item(s) (as felt appropriate! by the management) * As the qualifications are qualitative in nature and therefore the impact of the same in ) unascertainable. As a result, the adjusted figures have been kept the same as Audited figures Audit Qualification (each audit qualification separately): a. Details of Audit Qualification: Balances of trade payables, trade receivables, advances received and advances given (including capital advances) and GST balances is subject to confirmation, reconciliation and consequential adjustment, if any. GB GLOBAL Lin GLOBAL b. Type of Audit Qualification: Qualified Opinion /Bisclai FOpinion/-Adverse-Opini c. Frequency of qualification: Whether appeared first time / repetitive / since how long continuing : second time For Audit Qualification(s) where the impact is quantified by the auditor, Management's Views: According to the Management, the balances of trade receivables / trade payables are genuine and will be recovered / paid in the normal course of business. The Compan have regular transactions with these parties and is receiving the payments from customers| on regular basis. GST balances as per books will be reconciled with Electronic Credit ledger| / GSTR - 2B during the course of GST audit. d. For Audit Qualification(s) where the impact is not quantified by the auditor: (i) Management's estimation on the impact of audit qualification: Not ascertainable (ii) If management is unable to estimate the impact, reasons for the same: The management is unable to guantify the impact as the qualifications are qualitative in nature and this being a Company acquired under the CIRP process is still having deficiency in manpower and limited access to past records, (iii) Auditors' Comments on (i) or (ii) above: The said qualification is qualitative in nature and accordingly, the auditors have asserted that they are unable to comment upon the resulted impact of the above qualifications for the assets, liabilities and profit for the quarter and year ended 31° March, 2026. ' m il Signatories v e CEO/ Managing Director: Mr. Vijay Thakkar '){ e CFO: Mr. Kishan Jaiswal \ % ) W ® Audit Committee Chairman: Mr. Paresh Jaiy@;@/\;/‘, * Statutory Auditor: Mr}\{;t{l\fi 1 (7 e H32, Place: Mumbai | % LE- 1R0147N4v1 | Date: 19.06.2026 GB GL “‘GLO%AI. Consolidated Financial Statements (Amount in INR Lakhs) Statement on Impact of Audit Qualifications for the Financial Year ended March 31, 2026 [See Regulation 33 / 52 of the SEBI (LODR) (Amendment) Regu!atlons, 2016] Audited Figures Adjusted Figures 1. | sk Particulars (asreported |(audited figures after No. before adjusting adjusting for for qualifications) qualifications) 1. | Turnover / Fetakincome 14,203.07 14,203.07 2. | Total Expenditure 16,475.13 16,475.13 3. | Net Profit/(Loss)* 7,827.35 7,827.35 4. | Earnings Per Share after exceptional items* 15.64 15.64 5. | Total Assets* 97,470.61 97,470.61 6. | Total Liabilities* v - 97,470.61 97,470.61 7. | Net Worth* 4462507 44,625.07 )Any other financial item(s) (as felt appropriate] A by the management) * As the qualifications are qualitative in nature and therefore the imp'act of the same in unascertainable. As a result, the adjusted figures have been kept the same as Audited figures Audit Qualification {each audit qualification separately): a. Details of Audit Qualification: i) Balances of trade payables, trade receivables, advances received and advances given (including capital advances) and GST balances is subject to confirmation, reconciliation and consequential adjustment, if any. b. Type of Audit Qualification: Qualified Opinion /-Bisekai £ Opind Al Og=i ni c. Frequency of qualification: Whether appeared first time / rep,etitive,/ since how long continuing : second time / GB GLOBAL LIMITED GLOBAL For Audit Qualification(s) where the impact is quantified by the auditor, Management's| Views: The management is unable to quantify the impact as the qualifications are| qualitative in nature and this being a Company ac [Showing first 8,000 characters — download PDF for full document]