BSECompany Update8 Oct 2026 · 8 Oct 2026, 07:59 pm

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Vruddhi Engineering Works Ltd · 544157

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Vruddhi Engineering Works Ltd has revised its audited standalone financial results for the half year and year ended March 31, 2026, due to an inadvertent error in mentioning Increase/(Decrease) in provisions in 'Cash flow from Operations'. The revised results have been submitted to the BSE, and the company's auditor has issued an unmodified opinion on the financial results.

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Earnings Impact5/10
Growth Catalyst2/10
Governance Concern1/10
Regulatory Risk1/10
Balance Sheet Risk1/10
Liquidity Impact8/10
Market Sentiment5/10

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Vruddhi Engineering Works Ltd - 544157 - Revised Outcome Of Board Meeting Held On May 28, 2026

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Y/ " VRUDDHI ENGINEERING __ STRENGTHENING /\/\ ENGINEERING WORKS LIMITED GRUWTHmcu"NEcTIBNS Date:- 08.10.2026 The General Manager, Department of Comporate Services, BSE Limited Listing Department Phiroze Jeejeeboy Tower, Dalal Street, Fort Mumbai-400 001 Scrip code: 544157 Sub: Revised Outcome of Board Meeting held on May 28, 2026. Ref: Outcome of Board Meeting & Financial Results for March 31, 2026 Dear Sir/Madam, In continuation to the Outcome of the Board Meeting submitted on May 28, 2026 relating to submission of Audited Standalone Financial Results for the half year and year ended March 31, 2026, we regret to inform that an inadvertent error occurred in mentioning Increase/(Decrease) in provisions in “Cash flow from Operations”. Except for the above-mentioned correction, there are no other changes in the Financial Results already submitted. For the sake of clarity and proper record, we are submitting herewith the revised detailed Financial Results after incorporating the aforesaid correction. Kindly take the same on record. For Vruddhi Engineering Works Limited Kishori Jaysingh Sodha Company Secretary Vruddhi Engineering Works Limited © . sales@vruddhicouplers.com 1317, Hubtown Solaris, N. S. Phadke Marg, e Andheri East, Mumbai - 400069 +91 22 3522 1256 | 1305 www.vruddhicouplers.com GSTIN: 27AAHCVE949H1Z0 | CIN: 128246MH2020PLC348853 V VRUDDHI" \./ ENGINEERING WORKS LIMITED Date:- 28.05.2026 The General Manager, Department of Corporate Services, BSE Limited Listing Department Phiroze Jeejeeboy Tower, Dalal Street, Fort Mumbai-400 001 Scrip code: 544157 Sub: Outcome of Board Meeting Dear Sir/Madam, The Board of Directors of the Company at their meeting held today i.e. May 28, 2026 duly approved and took on record the Audited Standalone Financial Results for the half year and year ended March 31, 2026. We hereby declare that M/s. Maheshwari & Co., Chartered Accountants (FRN : 105834W), Statutory Auditors of the Company has issued its Audit Report with unmodified opinion on the Standalone Financial Results of the Company for the year ended 31st March, 2026. Please find enclosed herewith the duly signed Audited Standalone Financial Results for the half year and year ended March 31, 2026 along with the Auditor's Report. The meeting of Board of Directors commenced on 6:30 P.M. and concluded on 7:10 P.M. This is for your information and records. For Vruddhi Engineering Works Limited Varsha Mukesh Mehta Whole-time Director DIN 09155275 (Formerly Known as Vruddhi Steel Limited) @ e — sales@vruddhicouplers.com 226 001 2 1317, Hubtown Solaris, N.S Phadke g Marg, Andheri (E). Mumbai - 400 069 () oo CIN: U2G8S2T:4 62M7HA2A0H2C0VP6L9C4394H8185Z3Q Maheshwari & Co. Chartered Accounta nts Independent Auditor's Report on the half year and Year to Date Financial Results of the Company Pursuant to the Regulation 33 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 AS Amended THE BOARD OF DIRECTORS OF VRUDDHI ENGINEERING WORKS LIMITED (Formerly Known as Vruddhi Steel Limited) (CIN: U28246MH2020PLC348853) Opinion We have audited the accompanying financial results of VRUDDHI ENGINEERING WORKS LIMITED (the “Company") for the half year ended March 31, 2026 and the year-to-date results for the period from April 1, 2025 to March 31, 2026, attached herewith, being submitted by the company pursuant to the requirement of Regulation 33 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, as emended ("Listing Regulations") as amended. In our opinion and to the best of our information and according to the explanations given to us these financial resulis: i are presented in accordance with the requirements of Regulation 33 of the SEBI (Listing Obligations and Disclosure Requirements) in this regard; and ii. gives a true and fair view in conformity with the recognition and measurement principles laid down in the applicable accounting standards and other accounting principles generally accepted in India of the net profit and other financial information for the half year ended March 31, 2026 as well as the year-to-date results for the period from April 1, 2025 to March 31, 2026. Basis for Opinion We conducted our audit in accordance with the Standards on Auditing (SAs) specified under section 143(10) of the Companies Act, 2013 (the Act). Our responsibilities under those Standards are further described in the Auditor's Responsibilities for the Audit of the Financial Resulis 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 together with the ethical requirements that are relevant to our audit of the financial results under the provisions of the Companies Act, 2013 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 opinion, Management's Responsibilities for the Financial Results These half year financial results as well as the year-to-date financial results have been prepared on the basis of the annual financial statements/financial results. The Company's Board of Directors are responsible for the preparation of these financial results that give a true and fair view oft he net profit/loss and other financial information in accordance with the recognition and measurement principles laid down in Accounting Standard 25 (AS 25) for annual financial statements/financial results Reporting, prescribed, under Section 133 of the Companies Act, 2013 read with relevant rules issued thereunder 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 asscts 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 Head Office : 10-11, Third Floor, Esplanade Building, 3, A. K. Naik Marg (Bestian Road), Next to Y G.S.T. Mumbai - 400 001. Tel. : +91-22-22077472/22072620 * E-mail : info@maheshwariandco.in « w and are free from material misstatement, whether due to fraud or error. In preparing the financial results, the 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 are also responsible for overseeing the Company's financial reporting process. Auditor's Responsibilities for the Audit of the Financial Results Our objectives are to obtain reasonable assurance about whether the financial results as a whole are free from material misstatement, whether due to fraud or error, and to issue an auditor's report that includes our opinion. Reasonable assurance is a high level of assurance, but is not a guarantee that an audit conducted in accordance with SAs will always detect a material misstatement when it exists. Misstatements can arise from fraud or error and are considered material if, individually or in the aggregate, they could reasonably be expected to influence the economic decisions of users taken on the basis oft hese financial results. As part of an audit in accordance with SAs, we exercise professional Jjudgment and maintain professional skepticism throughout the audit. We also: © Identify and assess the risks of material misstatement of the financial results, whether due to fraud or error, design and perfor [Showing first 8,000 characters — download PDF for full document]