Letter attached

October 23, 2026 The Manager The Manager Listing Department Listing Department BSE Limited National Stock Exchange of India Limited Phiroze Jeejeebhoy Towers Exchange Plaza, C-1, Block G Dalal Street Bandra Kurla Complex, Bandra (East) Mumbai 400 001 Mumbai 400 051 Through: BSE Listing portal Through: NEAPS Scrip code: 500027 Symbol: ATUL Dear Sir: Sub: Outcome of the Board meeting 1. Financial results Pursuant to Regulation 30 and 33(1) of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015, we are submitting the following as Annexure A for the second quarter | six months ended on September 30, 2026: a) unaudited standalone and consolidated financial results. b) limited review report on standalone financial results. c) limited review report on consolidated financial results. Integrated filling (Financials) is being done separately in XBRL format in accordance with relevant circulars issued by the SEBI and the stock exchanges. 2. Buy-back of shares Pursuant to Regulation 30 of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015 (“the Regulations”), pursuant to the provisions of Article 61 of Articles of Association of the Company and Sections 68, 69 and 70 and all other applicable provisions of the Companies Act, 2013 (“Act”) and applicable rules made thereunder and in compliance with the Securities and Exchange Board of India (Buy-Back of Securities) Regulations, 2018 (“Buy-back Regulations”) and subject to such other approvals, permissions and sanctions as may be necessary, the Board has approved the Buy-back of fully paid-up Equity Shares by the Company having face value of ₹10 each (“Equity Share(s)”) from open market through stock exchanges {i.e. through National Stock Exchange of India Limited (“NSE”) and BSE Limited (“BSE”), together “Stock Exchanges”}” prescribed under the Buy-back Regulations and the Act, for an amount not exceeding ₹ 90,00,00,000 (Rupees ninety crore only) excluding transaction costs viz. brokerage, advisor’s fees, intermediaries fees, public announcement publication fees, filing fees, turnover charges, applicable taxes such as securities transaction tax, goods and services tax, income tax, stamp duty and other incidental and related expenses, etc. (“Transaction Costs”) (“Maximum Buy-back Size”) at a price not exceeding ₹ 7,500 (Rupees seven thousand five hundred only) per Equity Share (“Maximum Buy-back Price”) payable in cash which represents 1.72% and 1.69% of the total paid-up equity share capital and free reserves (including securities premium account) as per the audited standalone financial statements and audited consolidated financial statements for the financial year ended on March 31, 2026, respectively from the equity shareholders | beneficial owners of the Equity Shares of the Company other than the Promoters, members of Promoter Group and persons in control of the Company (“Buy-back”). At the Maximum Buy-back Size and the Maximum Buy-back Price, the indicative maximum number of Equity Shares to be bought back under the Buy-back would be 1,20,000 Equity Shares which represents 0.41% of the total number of outstanding Equity Shares of the Company. The actual number of Equity Shares bought back during the Buy-back will depend upon the actual price, excluding the Transaction Costs, paid for the Equity Shares bought back and the aggregate consideration paid in the Buy-back, subject to the Maximum Buy-back Size. Further, the number of Equity Shares bought back under the Buy- back will not exceed 25% of the total number of Equity Shares of the Company. If the Equity Shares bought back at a price below the Maximum Buy-back Price, the actual number of Equity Shares could exceed the indicative Maximum Buy-back Shares (assuming full deployment of Maximum Buy-back Size) but will always be subject to the Maximum Buy-back Size. The Board has also constituted a committee for the purpose of Buy-back (“Buy-back Committee”) and has delegated its powers to the Buy-back Committee to do or cause to be done all such acts, deeds, matters and things, as it may, in its discretion, deem necessary in connection with the Buy-back; The public announcement setting out the process, timelines and other statutory details of the Buy-back will be released in due course, in accordance with the Buy-back Regulations. The details as required under Regulation 30 of the Regulations read with relevant circulars issued by the SEBI are enclosed as Annexure B. 3. Appointment of Statutory Auditors Pursuant to Regulation 30 of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015 (the Regulations), we wish to inform you that based on the recommendation of the Audit Committee, the Board of Directors at its meeting held today i.e., October 23, 2026, have approved the appointment of Price Waterhouse Chartered Accountants LLP, (ICAI firm registration no. 012754N/N500016), as the Statutory Auditors of the Company for a term of five consecutive years commencing from the conclusion of the 50th Annual General Meeting (“AGM”) to be held in 2027, until the conclusion of the 55th AGM, to be held in the year 2032 (i.e. for financial years 2027-28 to 2031-32), subject to the approval of the shareholders of the Company. Deloitte Haskins & Sells LLP, Chartered Accountants (ICAI firm registration no. 117366W | W-100018), the current Statutory Auditors, will continue to undertake the audit of the Company until the conclusion of the 50th AGM to be held in 2027. The details as required under Regulation 30 of the Regulations read with relevant circulars issued by the SEBI are enclosed as Annexure C. The above were taken on record by the Board of Directors of the Company today at their meeting held from 10:00 am to 02:00 pm. Please acknowledge the receipt and inform the members of the stock exchange. Thank you, Yours faithfully, For Atul Limited Lalit Patni Company Secretary and Chief Compliance Officer Encl.: as above Annexure A Atul Ltd Atul House, G I Patel Marg, Ahmedabad 380 014, Gujarat, India shareholders@atul.co.in I www.atul.co.in <+91 79> 26461294 I 3706 CIN:L99999GJ1975PLC002859 Part I: Standalone unaudited financial results for the quarter I six months ended on September 30, 2026 (�er) Quarter ended on Six months ended on Year ended on No. I Particulars I September 30, June 30, September 30, September 30, September 30, March 31, 2026 2026 2025 2026 2025 2026 Unaudited Unaudited Unaudited Unaudited Unaudited Audited 01. INCOME a) Revenue from operations 1,623.46 1,588.60 1,409.52 3,212.06 2,714.08 5,563.57 b) Other income 49.92 26.31 58.53 76.23 87.50 198.91 Total income 1,673.38 1,614.91 1,468.05 3,288.29 2,801.58 5,762.48 02. 1 EXPENSES a) Cost of materials consumed 972.17 985.94 749.43 1,958.11 1 1,519.77 3,007.16 b) Purchases of stock-in-trade 18.18 23.75 22.15 41.93 35.63 79.39 Changes in inventories of finished goods, work-in-progress and stock-in- - - c) (3.87) (166. 75) (3.28) (170.62) (56.40) (20.40) trade d) Power, fuel and water 152.Tl 159.57 141.82 312.34 280.50 556.06 e) Employee benefit expenses 101.92 106.62 96.78 208.54 191.70 406.64 fl Finance costs O.H 0.73 1.20 1.47 1.82 3.59 g) Depreciation and amortisation expenses 52.0l 52.07 54.75 104.08 110.57 215.96 h) Other expenses 193.54 183.13 183.36 376.67 361.64 754.11 Total expenses 1,487.46 1,345.06 1,246.21 2,832.52 2,445.23 5,002.51 03. 1 Profit before tax 185.92 269.85 221.84 455.77 356.35 759.97 04. Tax expense a) Current tax 39.12 65.57 48.16 104.69 82.11 169.79 bl Deferred tax 5.83 2.65 1.37 8.48 4.19 9.38 Total tax expense for the period 44.95 68.22 49.53 113.17 86.30 179.17 Short I (Excess) provision of tax relating to earlier years (0.4'7) 0.60 - 0.13 - (14.24) Total tax expense 44.48 68.82 49.53 113.30 86.30 164.93 05. I Profit for the period 141.44 201.03 172.31 342.47 270.05 595.04 Part I: Standalone unaudited fi [Showing first 8,000 characters — download PDF for full document]