Financial Results for the Quarter and Half Year ended 30.09.2026

JTL Registered Office: Plot No. 84-85, HPSIDC, Industrial Area, M : +919056585489 DEFENCE Baddi, Nalagarh, Solan, E :compliance@jtl.one LIMITED Himachal Pradesh-173205, India W : www jtldefence.com COPPER & ALLOYS CIN: L24320HP1992PLC013112 (Erstwhile RCI Industries & Technologies Ltd.) Ref. No.: JDL/2026-27/10-07 October 24, 2026 The Manager, Corporate Relationship Department, BSE Limited, 25th Floor, P.J. Towers, Dalal Street, Mumbai — 400001 Scrip Code: 537254 Ref: JTLDEFENCE | 537254 | INE140B01048 Sub: Outcome of Board Meeting held on 24" October 2026. Ref: Financial Results 30.09.2026 Dear Sir/Ma’am, Pursuant to Regulation 30, 33 and other applicable provisions of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015, (the "Listing Regulations"), We hereby inform you that the Board of Directors at its meeting held today i.e., Saturday, October 24, 2026, has, inter alia, approved and taken on record the Un-audited Financial Results (Standalone and Consolidated) for the Quarter and Half Year Ended September 30, 2026. We are enclosing herewith Standalone & Consolidated Un-audited Financial Results for the Quarter and Half Year Ended September 30, 2026, Cash Flow Statements, Statement of Assets & Liabilities, as approved by the Board of Directors together with the Auditor’s Limited Review Reports thereon. The meeting commenced at 01:00 PM and concluded at 01:30 PM. Kindly take note of the above information and oblige. Sincerely, For JTL DEFENCE LIMITED (Devangna Jain) Company Secretary and Compliance Officer (M. No. A49863) Registered Office & Works : Plot No. 84-85, HPSIDC Industrial Area, Baddi, District Solan, Himachal Pradesh 173205, India R. BANSAL & CO. CHARTERED ACCOUNTANTS Independent Auditor’s Review Report on the Quarterly Unaudited Standalone Financial Results of the Company Pursuant to Regulation 33 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, as amended Review Report To To The Board of Directors of JTL DEFENCE LIMITED (Erstwhile RCI INDUSTRIES & TECHNOLOGIES LIMITED) 1. We have reviewed the accompanying Statement of Standalone Unaudited Financial Results of JTL DEFENCE LIMITED (Erstwhile RCI INDUSTRIES & TECHNOLOGIES LIMITED) (“the Company”) for the quarter and half year ended September 30, 2026 (“the Statement”), which has been submitted by the Company pursuant to the requirements of Regulation 33 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, as amended (“Listing Regulations”). 2. The Company’s Management is responsible for the preparation of the Statement in accordance with the recognition and measurement principles laid down in Indian Accounting Standard 34, (Ind AS 34) “Interim Financial Reporting” prescribed under Section 133 of the Companies Act, 2013, as amended, read with relevant rules issued thereunder and other accounting principles generally accepted in India and in compliance with Regulation 33 of the Listing Regulations. The Statement has been approved by the Company’s Board of Directors. 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. 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 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. Conclusion Based on our review conducted as stated in paragraph 3 above, nothing has come to our attention that causes us to believe that the accompanying Statement of unaudited standalone financial results, 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. 5. Emphasis of Matter $.C.O 125-126, 3rd Floor, Sector 17-C, Chandigarh-160 017 Email: ashwani.bansal@rbansalco.com, Website: www.rbansalco.com, Mob. No. +91-9815724299 Branches: Chandigarh, New Delhi, Ahmedabad, Bathinda R. BANSAL & CO. CHARTERED ACCOUNTANTS We draw attention to the following matters in the Notes to the Standalone financial results: a) Recovery of Financial Assets We draw attention to the Standalone Financial Results regarding certain financial assets in the nature of trade receivables, debtors, securities and other recoveries which were outstanding/due at the time of the Insolvency Resolution Proceedings of the Company. As informed to us, during the financial year 2026-27, the management is actively following up with the concemed debtors and other parties for recovery of these dues. The management has further represented that in the event such balances remain unrecovered during the financial year 2026-27, the Company shall take necessary actions in the books of account, including appropriate adjustments, write-offs or provisions, as may be considered necessary at that time. The ultimate realisation of these balances is, accordingly, dependent upon the successful outcome of the ongoing recovery efforts being undertaken by the Company. b) Notices from Taxation Authorities and Immunity under NCLT Order We further report that the Company has received various notices from the Taxation Authorities pertaining to periods prior to the issuance of the order of the Hon’ble National Company Law Tribunal (NCLT) approving the Resolution Plan of the Company. As per the management’s understanding, such notices fall within the ambit of the immunity granted under the said NCLT order, and the Company will deal with these notices in accordance with the law laid down in the said order. We further draw attention to the fact that during the Corporate Insolvency Resolution Process (CIRP), which was completed on 8th December, 2025, the Resolution Professional had responded to such notices by invoking the moratorium imposed under Section 14 of the Insolvency and Bankruptcy Code, 2016. The eventual outcome of these matters and the consequential impact, if any, on the financial results is presently not ascertainable and shall be given effect to in the books of account as and when the matters are concluded. c) Long-Standing Investments — Pending Confirmations and Recoverability We draw attention to the Standalone Financial Results, which describes that the Company (JTL Defence Limited) was under the Corporate Insolvency Resolution Process (CIRP) before the Hon’ble National Company Law Tribunal (NCLT) during the previous financial year, pursuant to which the operations of the Company had remained substantially disrupted, and that consequent to the successful conclusion of the resolution process, the Company has resumed full operations during the current financial year. In respect of the long-standing investments held by the Company in the equity shares of Ace Matrix Solutions Limited, Kay Exim Private Limited, and MetalRod Private Limited, aggregating to =1,186.17 Lakhs as at September 30, 2026, the management has, owing to the prolonged disruption caused by the CIRP and the consequent break in continuity of communication with the investee compan [Showing first 8,000 characters — download PDF for full document]