Outcome of Board Meeting

Ref: SEC/VDL/2026/007 October 06, 2026 BSE Limited National Stock Exchange of India Limited 20th Floor, P.J. Towers Exchange Plaza, C-1, Block G Dalal Street Bandra Kurla Complex, Bandra (E) Mumbai – 400001 Mumbai – 400051 Scrip Code: 544923 Scrip Symbol: VEEGALAND Dear Sir/Madam, Sub: Outcome of Board Meeting held on October 06, 2026 and various disclosures under SEBI (Listing Obligations and Disclosures Requirements) Regulations, 2015 (SEBI Listing Regulations) Pursuant to Regulation 33 and 30 read with Schedule III of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 (“SEBI Listing Regulations”), we hereby inform you that the Board of Directors of the Company, at its meeting held today, i.e., October 06, 2026, inter-alia, considered and approved the Unaudited Financial Results of the Company for the quarter ended June 30, 2026. The Financial Results and Statutory Auditor’s Limited Review Reports thereon are enclosed. The Board meeting commenced at 10.00 A.M. and concluded at 2:45 P.M. The above disclosure is also being made available on the website of the Company at https://www.veegaland.com/ Kindly take the same on record. Thank You, For Veegaland Developers Limited Akshay Anand T S Company Secretary & Compliance Officer Membership No: A70026 Veegaland Developers Limited (Formerly known as Veegaland Developers Private Limited) Registered Office: XXXV/564, 4th Floor, K C F Tower, BMC Road, Kakkanadu, Thrikkakara, Ernakulam – 682 021 Email ID: cs@veegaland.in Phone: 0484 - 2584004 CIN: U45201KL2007PLC021107 www.veegaland.com Chartered Accountants Independent Auditor's Limited Review Report on Unaudited Financial Results of Veegaland Developers Limited for the Quarter ended 30 June 2026 and year to date results pursuant to Regulation 33 of Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015, as amended To the Board of Directors ofVeegaland Developers Limited (Formerly Veegaland Developers Private Limited) I. We have reviewed the accompanying Statement of Unaudited Financial Results of Veegaland Developers Limited (hereinafter refe.rred to as "the Company") for the quarter ended 30 June 2026 ("the Statement") 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"). 2. This Statement, which is the responsibility of the Company's management and approved by its Board of Directors, has been prepared in accordance with the recognition and measurement principles laid down in Indian Accounting Standard 34 "Interim Financial Reporting" ("Ind AS 34"), prescribed under Section 133 of the Companies Act, 2013, as amended, read with relevant rules issued thereunder and other accounting principles generally accepted In India and in compliance with Regulation 33 of the Listing Regulations. Our responsibility is to express a conclusion on the Statement based on our review. 3. 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. This standard requires that we plan and perform the review to obtain moderate assurance as to whether the Statement is free of material misstatement. A review of interim financial information consists of making inquiries, primarily of persons responsible for financial and accounting matters, and applying analytical and other review procedures. A review is substantially less in scope than an audit conducted in accordance with Standards on Auditing and consequently does not enable us to obtain assurance that we would become aware of all significant matters that might be identified in an audit. Accordingly, we do not express an audit opinion. 4. Based on our review conducted as above, nothing has come to our attention that causes us to believe that the accompanying Statement, prepared in accordance with the recognition and measurement principles laid down in the aforesaid Indian Accounting Standard specified under Section 133 of the Companies Act, 2013 as amended, read with relevant rules issued thereunder and other accounting principles generally accepted in India, has not disclosed the information required to be disclosed in terms {)f Regulation 33 of the Listing Regulations, including the manner in which it is to be disclosed, or that it contains any material misstatement. Other Matter 5. Attention is drawn to the fact that the figures for the three months ended 31 March 2026 as reported in the Statement are the balancing figures between audited figures in respect oft he full financial year ended 31 March 2026 and the unpublished audited figures for the nine months ended 31 December 2025. Attention is also drawn to the fact that the figures for the corresponding quarter ended 30 June 2025, as reported in the Statement have been solely based on the information compiled by the management and have not been subjected to an audit or review. Our conclusion is not modified in respect of this matter For Varma & Varma Place: Kochi Chartered Accountants Date: 06.10.2026 Firm Registration No. 004532S UDIN: 26203094FVTWRM 1534 Vijay Na Partne Membership Number: 203094 VEEGALAND DEVELOPERS LIMITED (Formerly known•• v..,aland Devetopen Private Limited) CIN: U4S201Kl.2007PLC021107 Rectatered Offlce:XXXV/564, 4th Floor, KC F Tower, Bharat Meth• Coll. .• Road, Kakkanad, Thrlkkakara, Ernakulam, Kereta, India, 682021 STATEMENT OF UNAUDITED FINANCIAL RESULTS FOR THE QUARTER ENDED 30 June 2026 (Rs In Lakhs) SL Particulars For the Quarter ended For the vear ended No 30-Jun-26 31-Mar-26 30-Jun-25 31-Mar-26 (Unaudited) IAudlted)181 (Unaudltedl111 (Audited) 1 Income Revenue from Operations 7,432.18 7,033.03 4,150.16 25,097.62 Other Income 129.76 156.46 50.16 318.33 Total Income 7 561.94 7189.49 4200.32 25.415.95 2 Expenses Operating Cost 4,768.87 8,070.66 2,410.26 24,968.06 Changes in Inventories 563.84 (2,964.89) 523.29 (6,882.97) Employee Benefits Expense 221.88 185.04 211.48 766.38 Finance Costs 110.17 150.94 166.90 571.60 Depreciation and Amortisation Expense 22.16 22.13 13.80 72.29 Other Expenses 576.12 466.18 445.32 2,300.26 Total Expenses 6,263.04 5930.06 3 n1.05 21 795.62 3 Profit Before Tax (1-2) 1,298.90 1,259.43 429.27 3620.33 4 Tax Expense Current tax 306.50 301.90 107.21 887.14 Deferred tax 20.08 38.40 0.74 71.73 Total Tax Expense 326.58 340.30 107.95 958.87 5 Profit for the period/ year (3-4) 972.32 919.13 321.32 2,661.46 6 Other Comprehensive Income/ (Loss) Items that will not be reclassified to profit or loss Re-Measurements of the Defined Benefit Plan -· 8.09 - (21.16) Income Tax relating to items that will not be reclassified to - (2.03) - 5.33 Profit or Loss Items that will be reclassified to profit or loss - - - - Other comprehensive Income for the period/ year net of tax 6.06 115.83) 7 Total Comprehensive Income for the period/ year (5+6) 972.32 925.19 321.32 2,645.63 8 Paid-up Equity Share Capital (Face Value of Ra. 10 each) 3,375.00 3,375.00 500.00 3,375.00 9 Re■erve1 (Other Equity) 23,315.02 10 Earning■ per equity ■hare (Face value of Ra. 10 per ■hare) (not annuaU1ed for quarter) (a) Basic (Rs.) 2.88 2.72 1.29 8.77 (bl Diluted (Rs.I 2.88 2.72 1.29 8.77 Notes to unaudited financial re■ult■ for the quarter anded 30 June 2028 1 The above Statement of Unaudited Financial Results ("the Statement") of Veegaland Developers Limited (the •company") has been reviewed by the Audit Committee and approved by the Board of Directors at their meetings held on 5 October 2026 and 6 October 2026 respectively. The statutory auditors of the Company have carried out limited review of the results for the quarter ended 30 June 2026. 2 The Statement has been prepared In accordance with the recognition and measurement principles laid down in In [Showing first 8,000 characters — download PDF for full document]