Reply to Clarification- Financial results

Annexure A CERTIFIED TRUE COPY OF THE RESOLUTION PASSED BY THE MONITORING COMMITTEE OF XL ENERGY LIMITED AT ITS MEETING HELD ON WEDNESDAY 12th AUGUST 2026 AT 4.00 P.M. THROUGH AUDIO VIDEO CONFERENCING (VC), WITH THE DEEMED VENUE BEING THE REGISTERED OFFICE OFTHECOMPANYATOFFICE 318,3RDFLOOR, MITTALCHAMBERS,2- 2-51,M.G.ROAD,SECUNDERABAD, HYDERABAD,TELANGANA, INDIA,500003 ItemB-1 To consider and approve Unaudited Financial Results of the Company for the Quarter ended June 2026 along with Limited Review Report thereon pursuant to Regulation 33 of SecuritiesandExchangeBoardofIndia(ListingObligationsandDisclosureRequirements) Regulations.2015 The members were informed that the Unaudited Financial Results of the Company for the quarter ended June 30, 2026, were prepared in accordance with the applicable Indian Accounting Standards and SEBI (LODR) Regulations, 2015, and together with the Auditor’s Limited Review Report thereon, were placed before the Monitoring Committee for its consideration and approval, in order to enable the Company to comply with its disclosure obligationsunderRegulation33oftheSEBI(LODR)Regulations,2015. It wasfurther notedthat theCompany ispresently under implementation of anNCLT-approved Resolution Plan and that, during this phase, the Monitoring Committee is discharging the functionsoftheBoardofDirectors,inaccordancewiththeResolutionPlananddirectionsofthe Hon’bleNCLT. The Unaudited Financial Results of the Company for the quarter ended 30 June 2026, together with the Limited Review Report issued by the Statutory Auditors of the Company, were placed beforethemembersfortheirconsiderationandapproval. Resolution “RESOLVED THAT the Unaudited Financial Results of the Company for the quarter ended June 30, 2026, together with the Limited Review Report issued by the Statutory Auditors thereon as placed before the Monitoring committee members be and is hereby considered and approved pursuant to Regulation 33 of the SEBI (Listing Obligations and Disclosure Requirements)Regulations,2015andotherapplicableprovisions,ifany. RESOLVED FURTHER THAT considering that the Company presently has no Chairperson orManagingDirectorandtheWhole-timeDirectorhasceasedtoholdofficewitheffectfrom05 August 2026, Mr. Naresh Manakchand Jain (DIN: 00291963), Director of the Company, be and is hereby authorised to sign the aforesaid Financial Results on behalf of the Company in terms of Regulation 33(2)(b) of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 and to submit the same, together with the Limited Review Report and other applicabledocuments,withtheStockExchanges. XLENERGYLIMITED CINNo:U31300TG1985PLC005844 Regdaddress:Office318,3rdFloor,MittalChambers,2-2-51, M.G.Road, Secunderabad, Hyderabad, Telangana, India,500003Tel–040-27710751 Corpaddress:OfficeNo.2,1stFloor,7HomjiStreet,Rahimtoola House, Fort,Mumbai–400001. E-mail:xlenergy85@gmail.com Phone:+91 7666540600 RESOLVED FURTHER THAT any director and/or KMP of the company be and is hereby authorised to undertake all incidental filings, submissions and acts necessary to give effect to theforegoingresolution.” RESOLVED FURTHER THAT the copy of these resolutions, certified to be true by any Directorand/orKMPoftheCompany,besubmittedtotheconcernedauthoritiesorthirdparties, asapplicable,andtheyberequestedtoactthereon. //CertifiedTrueCopy// ForXLEnergyLimited Naresh Digitally signed by Naresh Jain DN: c=IN, o=Personal, title=9728, pseudonym=db23cb43ee484fb98e4670ffb 45d23bd, 2.5.4.20=934b30e1603c0a0c4a04ed25151a b523dd4a1b7c423713ac2f70bca753e51abc Jain , postalCode=400025, st=Maharashtra, serialNumber=4555f9feb50923beed6b68d7 f98e31e5167ff73ec7668c88d2dd08a39b665 1c9, cn=Naresh Jain Date: 2026.09.12 17:52:12 +05'30' NareshJain Director DIN:00291963 XLENERGYLIMITED CINNo:U31300TG1985PLC005844 Regdaddress:Office318,3rdFloor,MittalChambers,2-2-51, M.G.Road, Secunderabad, Hyderabad, Telangana, India,500003Tel–040-27710751 Corpaddress:OfficeNo.2,1stFloor,7HomjiStreet,Rahimtoola House, Fort,Mumbai–400001. E-mail:xlenergy85@gmail.com Phone:+91 7666540600 Annexure B XL ENERGY LIMITED CIN: U31300TG1985PLCO05844 Office 318, 3rd Floor, Mittal Chambers, 2-2-51, M.G. Road, Secunderabad, Hyderabad, Telangana, India, 500003 Tel ~ 040-27710751, Email ID: xlenergy85@gmail.com UNAUDITED FINANCIAL RESULTS FOR THE FIRST QUARTER ENDED 30th JUNE 2026 {Rs.in Lakhs except for EPS) Torrespondl ng 8 months Previous 3 | ended in the| Previous St Particulars 3 months | months | previous |Accounting wo ended ended year | year ended 30.06.2026| 31.03.2026| 30.06.2025] 31.03.2026 Un-audited| Audited| Un-audited; Audited 1 Income Revenue from Operations 2,642.27 - - - Other Income 0.32 8.20 0.35 30.70 ‘Total Income 2,642.59 8.20 0.35 30.70 1I Expenses Cost of Materials Consumed - - - - Changes in inventories 2,282.43 252.51 - 252.51 Employee benefits expense - - - - Finance Costs 29.59 0.92 - 0.92 Depreciation and amortization expense - - - - Other expenses 59.29 8.54 5.28 85.37 Total Expenses; 2,371.31 261.98 5.38 338.81 1@ Profit / [Loss) from ordinary activities before exceptional Items 271.27 (253.78) (5.03)] (308.11) Exceptional Items - Expenditure / (income) - - - . IV Profit /(Loss) After Exceptional items and Before Tax 271.27 (253.78) (5.03) (308.11) Tax Expense: Provision for Current Year tax - - - - Provision for Earlier Year taxes - - - - Provision for deferred tax - - - - vV Profit/(Loss) for the period from continuing operations 271.27 (253.78) (5.03) (308.11) Profit/(loss) from discontinued operations Tax expenses of discontinued operations - - - - VI Profit/(loss) from Discontinued operations [after tax) R - R . VIl Profit/{loss) for the period 271.27 (253.78) (5.03}, (308.11) VI Other Comprehensive Income Trems that will not be reclassified to profit or loss - - - - Income tax relating to items that will not be reclassified to profit or loss R R R . items that will be reclassified to profit or loss - - - - Income tax relating to items that will be reclassified to profit or loss - - - - Total Comprehensive Income for the period Comprising Profit {Loss) 1X and Other Comprehensive Income for the period) 271.27 (253.78) (5.03) (308.11) X Earnings Per Equity Share a) Basic 16.94 (15.85) {0.02) (19.24) b} Diluted 16.94 (15.85), (0.02); (19.24) Paid up Equity share capital (Face Value Rs. 10/- Each} 160.11 160.11 2,277.44 160.11 Notes: 1). Pursuant 1o an application filed by Invent Asscts Securitization and Reconstruction Pyvt. Ltd. (“Invent ARC”) under Section 7 of the Insolvency and Bankruptcy Code, 2016 (IBC” or “the Code?), the Hon’ble National Company Law Tribunal, Hyderabad Bench (“Adjudicating Authority”), vide its order dated 27 March 2023, admitted the application and commenced the Corporate Insolvency Resolution Process (CIRP) of the Company (XL Energy Limited}. Mr. Vijay Pitambar Lulla was appointed as the Interim Resolution Professional and subsequently confirmed as the Resolution Professional (“RP”) by the Committee of Creditors (“CoC”). The COC, in its meeting held on 19 February 2024, approved, with 73.78% voting share, the Resolution Plan submitted by the consortium of Ms. KarishmaJain, M/s Jupiter City Developers (India) Limited, and M/s Adwaita Navigations Private Limited (together referred to as the “Successful Resolution Applicants” or “SRAs™}. The Resolution Plan was approved by the Hon’ble NCLT, Hyderabad Bench, vide order dated 19 April 2024 in 1A No. 5/2024 in CP(IB) No. 16/7/HDB/2023 {"Approved Resolution Plan”). 2). A Monitoring Committee, comprising the Resolution Applicant and representatives of the Committee of Creditors, continued to supervise and monitor the implementation during the year. Management, together with the Monitoring Committee and Resolation Applicant, continues to work towards completing the remaining compliances and giving full effect to the Resolution Plan, subject to regulatory approvals 3). The Unaudited quaterly results for the 1st quarter & period ended 30 [Showing first 8,000 characters — download PDF for full document]