General Updates

June 22, 2026 The Manager The Manager-Listing Dept. of Corporate Services-Listing Department National Stock Exchange of India BSE Limited, Limited P. J. Towers, Dalal Street, Exchange Plaza, Bandra - Kurla Complex, Mumbai - 400001 Bandra (East), Mumbai - 400051 Script Code: 532890 Scrip: TAKE Script Id: TAKE Subject: Submission of Revised Audited Financial Results for the Quarter and Financial Year Ended March 31, 2026 Dear Sir / Madam, With reference to the above cited subject, we hereby resubmit Audited Financial Results as on 31st March 2026. Kindly be informed that there is no change in the Audited Standalone and Consolidated Financial Results approved by the Board of Directors at its meeting held on May 20, 2026. This resubmission is made to comply with prescribed format of Statement on Impact of Audit Qualifications, duly signed by all requisite signatories under Regulation 33 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 and applicable SEBI Circulars. You are requested to take the same on your record Thanking You, For M/s. TAKE SOLUTIONS LIMITED Parmeshvar Dhangare Chairman & Director DIN: 11410125 A. Raghavendra Rao & Associates Flat No. SF-2, 2nd Floor, Sampurna Chambers, Chartered Accountants No. 13, Vasavi Temple Street, 0\ V. V. Puram, Basavanagudi, Bengaluru-560004. I NOIA Ph: 080-26625335, +9194495-34815 Email: arra.bangalore@yahoo.com Independent Auditor's Report on Standalone Annual Financial Results of TAKE SOLUTIONS LIMITED Pursuant to the Regulation 33 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, as amended The Board of Directors of TAKE Solutions Limited Qualified Opinion We have audited the accompanying Statement of Standalone Annual Financial Results (hereinafter referred to as the "Statement") of TAKE Solutions Limited (hereinafter referred to as the "Company") for the year ended 31st March, 2026, attached herewith, being submitted by the Company pursuant to the requirements of Regulation 33 of the Securities and Exchange Board of India ("SEB[") (Listing Obligations and Disclosure Requirements) Regulations, 2015, as amended ("Listing Regulations"). In our opinion and to the best of our information and according to the explanations given to us, except for the possible effects of the matter described in the Basis for Qualified Opinion section below, the Statement: (i) presents the standalone annual financial results in accordance with the requirements of Regulation 33 of the Listing Regulations; and (ii) gives a true and fair view in conformity with the recognition and measurement principles laid down in the applicable Indian Accounting Standards ('Ind AS') prescribed under Section 133 of the Companies Act, 2013 ('the Act') read with the Companies (Indian Accounting Standards) Rules, 2015, and other accounting principles generally accepted in India, of the standalone net profit and other comprehensive income and other financial information of the Company for the year ended 31st March, 2026. Basis for Qualified Opinion a) As stated in the Notes to the Statement, income tax assets (net) appearing in the standalone financial statements of the Company to an extent of~ 875.80 Lakhs pertain to various assessment years relating to financial periods ending up to March 31, 2021, which include tax refunds withheld / under process on account of disputes pending before various forums. The Company's management is confident of a favourable outcome on the pending tax litigations and has assessed these amounts as fully recoverable. The contingent liabilities as at 31st March, 2026 in respect of direct tax matters stood at~ 108.03 Lakhs. In the absence of final adjudication of the pending appeals, we are unable to confirm the ultimate realisable value of these tax assets, as the timing and quantum of recovery remains contingent upon the outcome of proceedings before appellate authorities. However, we note thal lhe Company has maintained a consistent management assessment regarding recoverability of these balances over the preceding years, and no impairment has been recognised. The consequential impact, if any, on the total assets and profits is not ascertainable at this stage. This qualification is repetitive, having been reported since the year ended March 31, 2023. Emphasis of Matter We draw attention to the following matter in the Notes to the Statement which, in our assessment, does not constitute a qualification but is highlighted for the infonnation of users: The Company, subsequent to the divestment of its wholly owned subsidiary Ecron Acunova Limited in FY 2024- 25, has undertaken meaningful steps towards business diversification. During the year ended 31st March, 2026, the Company has reported a net profit of~ 271.91 Lakhs ( continuing operations: ~ 270.9 I Lakhs) as against a net loss of ~ 6,973.56 Lakhs in the previous year, representing a significant turnaround. The Company has substantially cleared its immediate statutory and debt obligations using the divestment proceeds. The Company's ongoing initiatives towards business partnerships and non-cash M&A transactions, together with the improved financial position, provide reasonable grounds for continued preparation of the Statement on a going concern basis. Our opinion is not modified in respect of this matter. Basis for Opinion We conducted our audit in accordance with the Standards on Auditing ('SAs') specified under Section 143( I 0) of the Act. Our responsibilities under those SAs are further described in the Auditor's Responsibilities for the Audit of the Statement 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 ('!CAI') 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 obtained by us is sufficient and appropriate to provide a basis for our qualified opinion on the standalone annual financial results. Management's and Board of Directors' Responsibilities for the Statement This Statement has been prepared on the basis of the standalone annual financial statements. The Company's Management and Board of Directors are responsible for the preparation and presentation of the Statement that gives a true and fair view of the net profit and other comprehensive income and other financial information of the Company in accordance with the recognition and measurement principles laid down in Ind AS prescribed under Section 133 of the Act, and other accounting principles generally accepted in India, and in compliance with Regulation 33 of the Listing Regulations. This responsibility also includes maintenance of adequate accounting records in accordance with the provisions of the Act for safeguarding of the assets of the Company and for preventing and detecting frauds and other irregularities; selection and application of appropriate accounting policies; making judgments and estimates that are reasonable and prudent; and design, implementation and maintenance of adequate internal financial controls that were operating effectively for ensuring the accuracy and completeness of the accounting records, relevant to the preparation and presentation of the Statement. In preparing the Statement, the Management and Board of Directors are responsible for assessing the Company's ability to continue as a going concern, disclosing, as applicable, matters related to going concern, and using the going concern basis of accounting unless the Board of Directors either intends to liquidate the Company or to cease operations, or has no realistic alternative but to do so. The Board of Directors is also responsible for overseeing the Company's financial reporting process. Auditor's Res [Showing first 8,000 characters — download PDF for full document]