Financial Result for the period ended 30th September,2026

Date: 22.10.2026 The Manager (Listing) The Manager (Listing) The Bombay Stock Exchange Ltd. The National Stock Exchange of India Ltd PhirozeJeejeebhoy Towers, “Exchange Plaza” Dalal Street, Bandra-Kurla Complex Mumbai – 400 001 Mumbai – 400 051 Company Code: 514274 (BSE) Company Code: VGL (NSE) Sub.: Submission of outcome of Board Meeting held on 22nd October, 2026 in terms of - Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 for the Standalone and Consolidated Un-audited Financial Results of the Company for the Second Quarter and Half Year ended 30th September, 2026. Dear Sir/Madam, With reference to captioned subject and as per the provisions of Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, outcome of Board Meeting is as under: 1. The Board, based on the recommendation of Audit Committee has approved the unaudited financial results (Standalone & Consolidated) for the quarter and half year ended 30th September 2026. Further, pursuant to Regulation 33 of the Listing Regulations, 2015, we enclosed herewith copy of the following. a) Copy of Standalone and Consolidated Unaudited Quarterly and Half Yearly Financial Results of the Company for the quarter and half year ended 30th September, 2026 prepared in accordance with Ind AS and taken on record and approved by the Audit Committee and the Board of Directors of the Company at their meeting held on 22nd October, 2026; b) Copy of Limited Review Report on the above referred Unaudited Quarterly Financial Results of the Company for the second quarter and half year ended 30th September, 2026 issued by M/s. Pankaj R Shah & Associates, Chartered Accountants. The Meeting Commenced at 1.00 P.M and concluded at 4.30 P.M Kindly acknowledge the receipt of the above. Thanking you, Yours faithfully For, Varvee Global Ltd (formerly known as Aarvee Denims and Exports Ltd) Pooja Hemang Khakhi Company Secretary Encl: As above |S sooti Re RR R Pankaj R Shah & Associates Chartered Accountants CA.DR. Pankaj Shah CA. Chintan Shah CA. Nilesh Shah CA. Manali Shah CA. Sandip Gupta B.Com, FCA,Ph.D.(Commerce) ~ B.Com,LLB,FCA ~ BCom,LLB,FCA. BCom,FCA B.Com, FCA. 7th Floor, Regency Plaza, Opp. Rahul Tower, Nr. Madhur Hall, Anandnagar Cross Road, Satellite, Ahmedabad-380015. India. Phone : +91 79 - 4603 1545, 4603 1546, 4032 1025. URL : http:/iwww.prsca.in Limited Review Report on unaudited standalone financial results for quarter ended and half year ended 30" September 2026, Pursuant to the Regulation 33 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 as amended. The Board of Directors, VARVEE GLOBAL LIMITED, (FORMERLY KNOWN AS AARVEE DENIMS & EXPORTS LIMITED) 1. We have reviewed the accompanying statement of unaudited standalone financial results of Varvee Global Limited (Formerly known as AARVEE DENIMS & EXPORTS LIMITED) (‘the Company”) for quarter ended and half year ended on 30" September 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. 2. These quarter ended financial results as well as the year-to-date financial results have been prepared on the basis of the interim financial statements, which are the responsibility of the company’s management. Our responsibility is to express an opinion on these financial results based on our audit of such interim financial statements, which have been prepared in accordance with the recognition and measurement principles laid down in Indian Accounting Standard 34 (Ind AS 34) for Interim Financial Reporting, prescribed, under Section 133 of the Companies Act, 2013 read with relevant rules issued there under, as applicable and other accounting principles generally accepted in India. 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 (ICAI). 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. We also performed procedures in accordance with the circular issued by the Securities and Exchange Board of India under Regulation 33(8) of the Listing Regulations, to the extent possible. 4. Based on our review conducted and procedures performed as stated in paragraph 3 above nothing has come to our attention that causes us to believe that the accompanying statements, prepared in SRR 3 accordance with the recognition and measurement principles laid down in the aforesaid Indian > o counting Standard and other accounting principles generally accepted in India, has not CHAM“%IDIS : losed the information required to be disclosed in terms of Regulation 33 of the SEBI (Listing ACCOUNTA Pankaj R. Shah & Associates Continuation Sheet Chartered Accountants Obligations and Disclosure requirements) regulations, 2015, as amended, including the manner in which it is to be disclosed, or that it contains any material misstatement. 5. Emphasis of Matters Attention is invited to the following notes to financial results as under: > Note no. 3 of the notes on unaudited financial results regarding continuity in recognition of MAT credit as at June 30, 2026. > Note no.11 of the notes on unaudited financial results regarding temporary rent income booked in addition to original agreement during the quarter ended as on September 30,2026. The Auditors have relied upon and accepted the assumptions explanations provided by the management in this regard and our opinion is not modified in respect of these matters. For, Pankaj R. Shah & Associates Chartered Accountants Registration No.:107361W CA Kinjal Pandit Partner Membership No.155223 = UDIN: 26155223FllISA2153 Place: Ahmedabad Date: 22-10-2026 Varvee Global Limited VYARVEE (Formerly known as Aarvee Denims & Exports Limited) ‘GLOBAL LIMITED (CIN: 113121GJ1988PLC010504) Registered Office: 188/2, Ranipur Village, Opp- CNI Church, Naral, Daskroi, Ahmedabad, Gujarat - 382405. UNAUDITED STANDALONE STATEMENT OF ASSETS AND LIABILITIES AS AT 30TH SEPTEMBER 2026 (n Lakhs) At fast Particulars September 30, 2026 March 31, 2026 Unaudited Audited A|ASSETS 1|Non-Current Assets 2,863.49 4,314.15 Property, Plant and Equipment 1452 062 Intangible Assets - 81.44 Capital Work-In-Prpgress Financial Assets 648.92 1,040.17 Non Current Investments 275.73 275.73 Other Financial Assets 5,832.51 6,180.05 Deferred Tax Assets (Net) 137.41 Non Current Tax Assets (Net) Total Non-Current Assets| 9,635.17 12,029.57 2 [current Assets 1,944.67 1,774.33 Inventories Financial Assets 1,677.38 1,595.36 Trade Receivables 307.95 33645 Cash & Cash Equivalents 30.49 29.83 Other Bank Balances. 659.35 795.11 Other Financial Assets 128,63 256.93 Current Tax Assets (Net) 202.26 124.50 Other Current Assets Total Current Assets 4,950.73 4,012.51 1,240.09 1,442.03 3|Assets Held for Sale 15,825.99 18,384.11 TOTAL - ASSETS B[EQUITY AND LIABILITIES 1|Equity 2,576.43 2,576.43 Equity Share Capital 5310.22 512471 Other Equity Total Equity| 7,886.65 7,701.14. C|Liabilities 1|Non-Current Liabilities Financial Liabilities 967 967 Non Current Borrowings 13313 070 Other Non Current Financial Liabilities 353 115 Non Current Provisions Total Nan Curcrent Liabilities 14633 1152 2|current liabilities Financial Liabilities 397.88 278.00 Current Borrowings Trade Pa [Showing first 8,000 characters — download PDF for full document]