Outcome of Board Meeting

M GOCL Corporation Limited GocL P October 19, 2026 BSE Limited National Stock Exchange of India Limited Phiroze Jeejeebhoy Towers, Exchange Plaza, C-1, Block G, Dalal Street, Bandra-Kurla Complex Mumbai-400001 Bandra (E), Mumbai - 400051 Through: BSE Listing Center Through: NEAPS Dear Sir/Madam, Outcome of Board Meeting. Ref: BSE Scrip code: 506480, NSE Scrip symbol: GOCLCORP In continuation of our letter dated October 13, 2026 and pursuant to Regulation 33 read with Regulation 30 of the SEBI (LODR) Regulations, 2015 and other applicable provisions, we hereby inform you that the Board of Directors of the Company, at its meeting held today, has: i. approved and taken on record the un-audited Standalone and Consolidated Financial Results of the Company for the quarter and half year ended September 30, 2026 and the same are enclosed herewith, along with the Limited Review Reports issued by Haribhakti & Co LLP, the Auditors of the Company. ii. Noted the Order dated October 08, 2026, passed by the Hon'ble National Company Law Tribunal, Amaravati Bench ("NCLT"), directing the convening of the meeting of the Equity Shareholders and Unsecured Creditors of the Company in connection with the proposed Scheme of Merger by Absorption of Hinduja National Power Corporation Limited with GOCL Corporation Limited. Pursuant to the aforesaid Order, the Board reviewed and took note of the Notice convening the NCLT directed meetings of the Equity Shareholders and Unsecured Creditors of the Company, together with the Explanatory Statement and all other accompanying documents required under the Companies Act, 2013, the Companies (Compromises, Arrangements and Amalgamations) Rules, 2016, and applicable laws. The Board considered that the NCLT convened meeting of the Equity Shareholders and the Unsecured Creditors of the Company shall be held on Tuesday, November 24,2026 at 11:00 a.m. IST through Video Conferencing / Other Audio-Visual Means. The meeting of Board of Directors commenced at 05:30 p.m. and concluded at about 07:20 p.m. Thanking you. Yours faithfully, For GOCL Corporation Limited A Satyanarayana Company Secretary Encl: as above Corporate Office: URIA HEIGHTS, 2nd Floor, D. No.7-1-21/A/201, Sy No.341/1, Raj Bhavan Road, Begumpet, Hyderabad 500016. Registered Office: Plot No. 63-66, AIE Industrial Park, Pedagantyada, Gajuwaka, Visakhapatnam - 530044, Andhra Pradesh. CIN: L24292AP1961PLC126081 GST No.: 36AABCG8433B2ZW Telephone: +91 (40) 23810671/9 E-mail: info@goclcorp.com Website: www.goclcorp.com HARIBHAKTI & CO. LLP Chartered Accountants Independent Auditor’s Review Report on quarterly and year to date Unaudited Consolidated Financial Results of GOCL Corporation Limited pursuant to the Regulation 33 of SEBI (Listing Obligations and Disclosures Requirements) Regulations, 2015 (as amended) To The Board of Directors GOCL Corporation Limited 1. We have reviewed the accompanying Statement of Unaudited Consolidated Financial Results of GOCL Corporation Limited (“the Holding Company”) and its subsidiary (the Holding Company and its subsidiary together referred to as “the Group”) for the quarter ended September 30, 2026 and for the period from April 01, 2026 to September 30, 2026 (“the Statement”), being submitted by the Holding Company pursuant to the requirements of Regulation 33 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, as amended (‘Listing Regulations’). 2. This Statement, which is the responsibility of the Holding Company’s Management and approved by the Holding Company’s Board of Directors, has been prepared in accordance with the recognition and measurement principles laid down in Indian Accounting Standard 34 “Interim Financial Reporting” prescribed under Section 133 of the Companies Act, 2013 (“Act”) read with relevant rules issued thereunder and other accounting principles generally accepted in India. 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. 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 is limited primarily to inquiries of the Holding Company personnel and analytical procedures applied to financial data and thus provide less assurance than an audit. We have not performed an audit and accordingly, we do not express an audit opinion. We also performed procedures in accordance with the circular issued by the SEBI under Regulation 33(8) of the Listing Regulations, to the extent applicable. 4. The Statement includes the results of the following entities: Sr. No. | Name of the Company Relationship 1 GOCL Corporation Limited i Holding Company 2 HGHL Holdings Limited, UK Wholly Owned subsidiary 5. Based on our review conducted and procedures performed as stated in paragraph 3 above, and based on the consideration of the review report of the other auditor referred to in paragraph 7 below, 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 of the Listing Regulations, including the manner in which it is to be disclosed, or that it contains any material misstatement. Haribhakti & Co. LLP, Chartered Accountants (LLPIN: AAC-3768) Registered office: 904A, 9% Floor, R Square, Andheri-Kurla Road, Near Chakala Metro Station, J. B. Nagar, Mumbai-400059. www_haribhakti.co.in | info@haribhakti.co.in | Tel: +91 22 6672 9998 Other offices: Ahmedabad, Bengaluru, Chennai, Kolkata, New Delhi, Pune, Rajkot, Vadodara. HARIBHAKTI & CO. LLP Chartered Accountants Emphasis of Matter 6. We draw attention to Note 4 to the Statement, which describes that the corporate guarantees aggregating Rs. 131,610 lakhs, were not processed as Related Party Transactions and accordingly, prior approval of the Audit Committee, Board of Directors and shareholders was not obtained as required under the relevant provisions of the Act and the Listing Regulations. These transactions were subsequently ratified by the Audit Committee and the Board of Directors at their respective meetings held on May 29, 2026, and the post-facto shareholders' approval was obtained on July 07, 2026 through postal ballot and the Company is in process of making necessary applications to the regulatory authorities. Based on management’s internal assessment and legal advice, necessary adjustments and disclosures have been made in the Statement to the extent considered appropriate. Pending regularisation, the outcome of the above matter is not expected to have a material impact on the Statement. Our conclusion on the statement is not modified in respect of this matter. Other Matter 7. We did not review the interim financial information of one subsidiary included in the Statement, whose interim financial information reflect total assets of Rs. 98,282.41 lakhs as at September 30, 2026 and total revenue of Rs. Nil and Rs. Nil, total net profit after tax of Rs. 692.74 lakhs and Rs. 1,521.85 lakhs and total comprehensive income of Rs. 438.42 lakhs and Rs. 1,092.33 lakhs for the quarter ended September 30, 2026 and for the period from April 01, 2026 to September 30, 2026 respectively and cash outflow (net) of Rs. 362.42 lakhs for the period from April 01, 2026 and September 30, 2026 as considered in the Statement. This interim financial information has been reviewed by other auditor whose review report has been furnished to us by the Management and our conclusion on the Statement, in so far [Showing first 8,000 characters — download PDF for full document]