Outcome of Board Meeting

Dated: 28.10.2026 To, To, BSE Limited National Stock Exchange of India Phiroze Jeejeebhoy Towers, Limited Dalal Street, Exchange Plaza, Bandra Kurla Complex Mumbai – 400001. Bandra (E), Mumbai – 400051. Scrip code: 509152 Symbol: GRPLTD – Series: EQ Sub: Outcome of Board Meeting held on 28th October, 2026 Dear Sir / Madam, Pursuant to Regulation 30 and Regulation 33 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 (“SEBI Listing Regulations”), we hereby inform you that the Board of Directors of the Company, at its meeting held today, i.e., Wednesday, 28th October, 2026, inter alia, considered and approved/noted the following matters: 1. Unaudited Financial Results: Considered and approved the Unaudited Standalone and Consolidated Financial Results of the Company for the quarter and half year ended 30th September, 2026, along with the Limited Review Reports issued by the Statutory Auditors of the Company. The same are enclosed herewith as an Annexure. 2. Noted Change in Constitution of Internal Auditors: M/s. Sharp & Tannan Associates LLP has informed the Company that the audit firm has been converted from a partnership firm into a Limited Liability Partnership (LLP) under the name and style of M/s. Sharp & Tannan Associates LLP, (LLPIN: ADC- 6382) with effect from 24th September, 2026, pursuant such conversion there is no change in the audit engagement and M/s. Sharp & Tannan Associates LLP (LLPIN: ADC- 6382) shall continue to function and discharge their obligations as Internal Auditors of the Company for the remaining period of the tenure of their appointment. 3. Noted Comments by Board of Directors for SOP Fines imposed by the Stock Exchanges: Noted the Standard Operating Procedure (SOP) fines of ₹10,000/- each levied by BSE Limited and the National Stock Exchange of India Limited for delayed compliance with Regulation 42 of the SEBI Listing Regulations, 2015. The Board deliberated on the matter and emphasised the importance of timely compliance with applicable regulatory requirements. The Board further noted that appropriate measures shall be implemented to ensure strict adherence to the prescribed timelines and to prevent recurrence of such non-compliance. The aforesaid documents are also placed on the website of the Company at https://www.grpweb.com/investors. The Board Meeting held on 28th October, 2026 commenced at 2:00 P.M. (IST) and concluded at 6:00 P.M.(IST). Request you to take the same on your records. Thanking you, For GRP Limited Sonal Jaju Company Secretary & Compliance Officer Encl : a/a RAJENDRA &.. CO. CHARTERED ACCOUNTANTS /311 Dalamal Tower 211 Nariman Point Mumbai 400021 Tel: 6630 6735 E-mail: contact@rajendraco.com Independent Auditor's Review Report on the Quarterly and Year to Date Unaudited Standalone Financial Results of the Company Pursuant to the Regulation 33 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, as amended TO THE BOARD OF DIRECTORS OF GRP Limited 1. We have reviewed the accompanying Statement of Unaudited Standalone Financial Results of GRP Limited (''the Company") for the quarter and half year ended September 30, 2026 ("the Statement'; attached herewith, being submitted by the Company pursuant to the requirement of Regulation 33 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 ("the Regulations''), as amended. 2. The preparation of the Statement 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 read with Rule 3 of Companies (Indian Accounting Standards) Rules, 2015 and the Circular, which is the responsibility of the Company's management and approved by the 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. 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. Based on our review conducted as stated 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 ln the applicable Indian Accounting Standards (Ind AS) specified under section 133 of the Companies Act, 2013 read with relevant rules issued there under and other recognised accounting practices and principles generally accepted in India, has not disclosed the information required to be disclosed in terms of Regulation 33 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, as amended, read with SEBI Circular No. CTR/CFD/FAC/62/2016 dated sthJuly, 2016, including the manner in which it is to be disclosed, or that it contains any material misstatement. For Rajendra & Co. Chartered Accountants Registration No. 108355W Apurva Shah Partner Membership Number: 047166 UDI~: Q6041i66FCFJ"FL455"8 Place: Mumbai Date: October 28, 2026 l j I'd 'C GRP Limited (ON: L2s191GJ1974PLcoo2555) Registered Office : Plot No.8, GIOC Estate, Ankleshwar -393 002 Dist. Bharuch, Gujarat STA TcMENT OF UNAUOO"ED STANOlAONE FINANOAL R£54.llT S FOil THE QUARTER & HALF YEAR END£D 30th SEPT£M8£R 2026 (~ in ukhs, except per sure dato) Standalone Sr Quarter ended Half Year ended Year ended Particulars No. ~30-09-2026 30-06-2026 30-09-2025 30-09-2026 30-09-2025 31-03-2026 Unaudited Unaudited unaudited unaudited Unaudited Audited I Revenue from Oper dtIons (Gross) 18,226.15 16,877 92 I 14,090.65 35,104.07 26,982.68 57,034.66 Less Goods & Service Tax 1,526.63 1,312 91 1.031 14 2,839 54 2,000.81 4,428.49 Revenue from Operations 16,699.52 15,565.01 13,059.Sl 32.264 53 24,981.87 52.606.17 II Other Income 67 79 110.19 139 04 177 98 291.35 493.86 Ill Total Income (I + II) 16,767.31 lS,675.20 13,198.55 32,442.51 25,273.22 53,100.03 IV Expenses \d; ..,,, ' " JI rn V 3,502 . : ;9 6,S'i9 62 j G,61-'i3 1sw2.21 l~,5~5 ~C 2G,9CS 29 (b) Purchases of Stock-rn-Trade (c) Changes in mventones of finished goods, Stock in (354.14) (328.07) (180.22) (682.21) (229 43) (21.28) Trade and Work-rn progress (d) Employees benefits expense 1,576.51 1,610 98 1,537 74 3,187 49 2,969 40 S,911.53 (e) F nance Costs 407 29 385.14 334 91 792.43 652 22 1,422.91 (f) Depreciation & amortisation expense 490.26 475.10 426.49 965.36 824.35 1,762.23 (g) Other Expenses 4,306.14 4,089.53 3,990.85 8,395.67 7,555.42 15,601.86 Total Expenses (IV) 15,928.65 14,792.30 U,724.70 30,720.95 24,328.46 Sl,58S.S4 V Profit/(Loss) before exceptional items and tax (Ill 838.66 882.90 473.8S 1,721.56 944.76 1,514.49 VI Exceptional Items - . - - 140.41 VII Profit/(Loss) before tax (V-VI) 838.66 882.90 I 473.85 I 1,721.56 944.76 1,374.08 VIII Tax Expense I 11' r- ,-,-,ont T:1v 1c;7 Qt; 3"71' /q7,;1I c;ic; 07 l/; 21 11;() 115 I I I I (2 Deferred Ta• 98.52 43 75 I 1ss.s3 142.27 244.03 320.56 Total Tax Expense 25647 40087 134.77 657 34 280.24 481.41 11' Profit/(IO"s) for the pe,iod (VII-VIII) 582 19 487 03 I 33Q 08 1.064 n 664 S7 8<12 67 X Otner <.omprenens111e income I ' I (i) Items that writ not be reclassified to proL t vr loss 23.09 2.56 38 37 25 65 32.07 (33.25) (ii) Income tax relating to Items that will not be (S.81) (0.65) (9 66) (6 46) (8.07) 8.37 reclassified to profit or loss (iii) Items that will be recla [Showing first 8,000 characters — download PDF for full document]