Outcome of Board Meeting

SPANDANA Ref: SSFL/Stock Exchange/2026-27/040 July 23, 2026 To To BSE Limited, National Stock Exchange of India Limited, Department of Corporate Services Listing Department P. J. Towers, 25th Floor, Exchange Plaza, C-1, Block G, Dalal Street, Bandra Kurla Complex, Bandra (E) Mumbai – 400001 Mumbai – 400051 Scrip Code: 542759 and 890221 Symbol: SPANDANA and SSFLPP Dear Sir/Madam, Sub: Outcome of the Board Meeting of the Company held on Thursday, July 23, 2026. Pursuant to applicable provisions of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 (the "SEBI LODR Regulations”), it is hereby informed that the Board of Directors (“Board”) of the Company at its meeting held today, i.e. Thursday, July 23, 2026, inter-alia considered and approved: i. Unaudited standalone and consolidated financial results of the Company for the quarter ended June 30, 2026, as reviewed and recommended by the Audit Committee and took note of the limited review report submitted by the Statutory Auditor of the Company, i.e, B S R & Co. LLP, Chartered Accountants. ii. Appointment of Ms. Dipali Hemant Sheth (DIN: 07556685), Independent Director of the Company, as Non-Executive Chairperson of the Company. Please find enclosed herewith the following: i. Unaudited standalone and consolidated financial results of the Company for the quarter ended June 30, 2026, along with the limited review report submitted by the Statutory Auditors of the Company; ii. Disclosure pursuant to Regulation 52(4) of the SEBI LODR Regulations; iii. Statement of deviation pursuant to Regulation 32 and 52(7) of the SEBI LODR Regulations; iv. Disclosure pursuant to Regulation 54(2) and 54(3) of the SEBI LODR Regulations. v. Details, as required to be disclosed under Regulation 30 of the SEBI LODR Regulations read with the SEBI Master Circular HO/49/14/14(7)2025-CFD-POD2/I/3762/2026, dated January 30, 2026, in relation to appointment of the Chairperson. The meeting of the Board commenced at 01:45 p.m. and concluded at 04.30 p.m. Kindly take the same on record. Thanking you. Yours Sincerely, For Spandana Sphoorty Financial Limited Vinay Prakash Tripathi Company Secretary Encl: as above Spandana Sphoorty Financial Limited CIN - L65929TG2003PLC040648 Galaxy, Wing B, 16th Floor, Plot No.1, Sy No 83/1, Hyderabad Knowledge City, TSIIC, Raidurg Panmaktha, Hyderabad – 500081, Telangana Ph: +9140-48126666 | contact@spandanasphoorty.com | www.spandanasphoorty.com B S R & Co. LLP 14th Floor, Central B Wing and North C Wing Nesco IT Park 4, Nesco Center Western Express Highway Chartered Accountants Goregaon (East), Mumbai – 400 063, India Telephone: +91 (22) 6257 1000 Fax: +91 (22) 6257 1010 Limited Review Report on unaudited standalone financial results of Spandana Sphoorty Financial Limited for the quarter ended 30 June 2026 pursuant to Regulation 33 and Regulation 52(4) read with Regulation 63 of Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015, as amended To the Board of Directors of Spandana Sphoorty Financial Limited 1. We have reviewed the accompanying Statement of unaudited standalone financial results of Spandana Sphoorty Financial Limited (hereinafter referred to as “the Company”) for the quarter ended 30 June 2026 (“the Statement”). 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, and other accounting principles generally accepted in India and in compliance with Regulation 33 and Regulation 52(4) read with Regulation 63 of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015, as amended (“Listing Regulations”). Our responsibility is to issue a report 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. 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. 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 of the full previous financial year and the published year to date figures up to the third quarter of the previous financial year. The figures up to the end of the third quarter of previous financial year had only been reviewed and not subjected to audit. 5. 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 and other accounting principles generally accepted in India, has not disclosed the information required to be disclosed in terms of Regulation 33 and Regulation 52(4) read with Regulation 63 of the Listing Regulations, including the Registered Office: B S R & Co. (a partnership firm with Registration No. BA61223) converted into B S R & Co. LLP (a 14th Floor, Central B Wing and North C Wing, Nesco IT Park 4, Nesco Limited Liability Partnership with LLP Registration No. AAB-8181) with effect from October 14, 2013 Center, Western Express Highway, Goregaon (East), Mumbai - 400063 Page 1 of 2 B S R & Co. LLP Limited Review Report (Continued) Spandana Sphoorty Financial Limited manner in which it is to be disclosed, or that it contains any material misstatement or that it has not been prepared in accordance with the relevant prudential norms issued by the Reserve Bank of India in respect of income recognition, asset classification, provisioning and other related matters to the extent applicable. For B S R & Co. LLP Chartered Accountants Firm’s Registration No.:101248W/W-100022 Kap iI Digitally signed by Kapil Vinodkumar Vinodkumar Goenka Kapil Goenka Partner Mumbai Membership No.: 118189 23 July 2026 UDIN: 26118189SIQUXU6934 Page 2 of 2 SPANDANA SPANDANA SPHOORTY FINANCIAL LIMITED (CIN: L65929TG2003PLC040648) Statement of unaudited standalone financial results for the quarter ended June 30, 2026 (" in crores unless otherwise stated) Quarter ended Year ended Particulars June 30, 2026 March 31, 2026 June 30, 2025 March 31, 2026 (Unaudited) (Refer note 3) (Unaudited) (Audited) Revenue from operations (a) Interest Income 258.34 210.75 245.89 850.09 (b) Net gain on fair value changes 3.09 4.27 15.98 28.56 (c) Net gain on derecognition of financial instruments measured at 0.12 23.42 - 27.94 fair value through other comprehensive income I Total revenue from operations 2 61.55 2 38.44 2 61.87 9 06.59 II Other income 18.23 15.19 2.31 35.61 III Total income (I+II) 2 79.78 2 53.63 2 64.18 9 42.20 Expenses (a) Finance costs 128.59 121.88 139.38 476.39 (b) Impairment on financial instruments (10.22) (14.45) 382.57 630.34 (c) Employee benefits expenses 94.91 96.21 125.20 458.97 (d) Depreciation and amortization 2.01 3.15 3.32 12.61 (e) Other expenses 41.43 38.51 52.83 189.24 IV Total expenses 2 56.72 2 45.30 7 03.30 1,767.55 V Profit / (loss) before tax (III-IV) 2 3.06 8 .33 ( 439.12) (825.35) Tax expense Current tax - - - - Deferred tax 6.97 2.84 (110.21) (201.30) VI Total tax expense / (cr [Showing first 8,000 characters — download PDF for full document]