Updates

MARSONS setting power in motion Date: 22" May 2026 To, To, BSE Limited National Stock Exchange of India Ltd. Phiroze Jeejeebhoy Towers Exchange Plaza, 5th Floor, Plot No. C/1 Dalal Street, G- block, Bandra- Kurla Complex Mumbai-400001. Bandra (E ), Mumbai-400051 Scrip Code: 517467 Scrip ID: MARSONS Dear Sir/ Ma’am, Sub: Outcome of the Board meeting held today i.e., Friday, 22nd May 2026. Ref: Intimation under Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 (‘Listing Regulations’) as amended from time to time. ‘We wish to inform you that the Board of Directors of the Company at its meeting held today i.e., Friday, 22nd May 2026 has inter alia considered and approved the following matters: 1 Audited (Standalone and Consolidated) Financial results of the Company for the quarter and financial year ended 31st March, 2026 along with the Auditors’ Report thereon, issued by the Statutory Auditors of the Company, Statement of Assets and Liabilities as at 31st March 2026 and Statement of Cash Flow, in terms of Regulation 33 of the Listing Regulations, enclosed herewith as Annexure- 1. The Statement on deviation or variation for proceeds of Public Issue, Rights Issue, Preferential Issue, Qualified Institutional Placement etc. is enclosed as Annexure -2. Further pursuant to third proviso of Regulation 33(3)(d) of the Listing Regulations, a declaration of ‘Unmodified Opinion signed by the Chief Financial Officer of the Company, in respect of the audited (standalone and consolidated) financial results of the Company for the financial year ended 3 1st March 2026, is enclosed herewith as Annexure- 3. Appointment of Auditors a. Based on recommendation of the Audit Committee of the Board of the Company, approved reappointment of M/s HMCG & Associates, (FRN: 328221E) of 40 Weston Street, Kolkata- 700013 as the Internal Auditors of the Company for the financial year 2026-27; b. Based on recommendation of Audit Committee of the Board of the Company, approved re- appointment of M/s D. RADHAKRISHNAN & CO. (FRN: 000018) of 11A Dover Lane, Kolkata- 700029 as the Cost Auditor of the Company for FY 2026-27; The relevant details regarding the appointments and re-appointments referred to in Item no.4, as required under Regulation 30 of the Listing Regulations read with SEBI Master Circular No. SEBI/HO/CFD/PoD2/CIR/P/0155 dated 11 November 2024, are enclosed as Annexure -4. The date of the Annual General Meeting of the Company for the FY 2026-27 shall be informed in the future course of time. Marsons Limited Marsons House, Budge Budge Trunk Road, Chakmir, Maheshtala, Kolkata 700142, CIN: L31102WB1576PLC030676 Mail: info@marsonsonline.com Website: www.marsonsonline.com Phone: 91 33 22127189 MARSONS setting power in motion 6. Approval for upgradation/ expansion of product range. The details of the same is as under: a. The existing manufacturing product range capacity of the company is 200 MVA/220 kV class power transformers. b. The board has now approved the expansion of product range to include 400 kV/500 MVA class power transformers. As a result of infrastructure being commissioned for 400 kV Class, annual manufacturing capacity will increase from 12,000 MVA to 26,000 MVA. c. The proposed expansion may entail capital expenditure, however the same has not been finalized as of now. The meeting oft he Board of Directors commenced at 2.00 pm (IST) and concluded at 3:00. pm (IST). You are requested to kindly take the same on record. Thanking You Yours Faithfully For Marsons Limited UTTARA Doty T SHARMA uemiosanesss Uttara Sharma Company Secretary M. No. A48464 Marsons Limited Marsons House, Budge Budge Trunk Road, Chakmir, Maheshtala, Kolkata 700142, CIN: L31102WB1576PLC030676 Mail: info@marsonsonline.com Website: www.marsonsonline.com Phone: +91 33 22127189 NKSJ & ASSOCIATES CHARTERED ACCOUNTANTS Manideepa Building, Phone: 033-45278115 Flat No. 4N, 4th Floor, Mobile: 9073555159 4, Dr Meghnad Saha Sarani, Email: nksjandassociates@gmail.com (Formerly- Southern Avenue), Kolkata — 700026 Independent Auditor’s Report To the Board of Directors of Marsons Limited Report on the Audit of Standalone Financial Results Opinion We have audited the accompanying Statement of Standalone Financial Results of M/s MARSONS LIMITED (‘the Company’) for the quarter and year ended March 31, 2026, (the “Statement”), being submitted by the Company pursuant to the requirements of Regulation 33 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, as amended (the “Listing Regulations’), including relevant circulars issued by the SEBI from time to time. In our opinion and to the best of our information and according to the explanations given to us, the aforesaid standalone annual financial results: i. are presented in accordance with the requirements of Regulation 33 of the Listing Regulations; and ii. gives a true and fair view in conformity with the recognition and measurement principles laid down in the Indian Accounting Standards (‘Ind AS’) prescribed under Section 133 of the Companies Act, 2013 (‘the Act’), read with relevant rules issued there under, and other accounting principles generally accepted in India, of the standalone net profit after tax and other comprehensive income and other financial information of the Company for the year ended 31 March 2026. Basis for Opinion We conducted our audit of Statement in accordance with the Standards on Auditing (‘SAs”) specified under section 143(10) of the Act. Our responsibilities under those standards are further described in the Auditor’s Responsibilities for the Audit of the Standalone Financial Results section of our report. We are independent of the Company in accordance with the Code of Ethics issued by the Institute of Chartered Accountants of India (‘the ICAI’) together with the ethical requirements that are relevant to our audit of the Standalone Financial Results for the quarter and year ended March 31, 2026 under the provisions of the Act and the rules there under, and we have fulfilled our other ethical responsibilities in accordance with these requirements and the Code of Ethics. We believe that the audit evidence obtained by us is sufficient and appropriate to provide a basis for our opinion. NKSJ & ASSOCIATES CHARTERED ACCOUNTANTS Manideepa Building, Phone: 033-45278115 Flat No. 4N, 4th Floor, Mobile: 9073555159 4, Dr Meghnad Saha Sarani, Email: nksjandassociates@gmail.com (Formerly- Southern Avenue), Kolkata - 700026 Management’s Responsibilities for the Standalone Financial Results The Statement, which includes the Standalone Financial Results is the responsibility of the Company’s Board of Directors and has been approved by it for the issuance. The Statement has been compiled from the related audited Standalone Financial Statements as at and for the quarter and year ended March 31, 2026. This responsibility includes the preparation of the Standalone Financial Results for the quarter and year ended March 31, 2026 that gives true and fair view of the net profit and other comprehensive income and other financial information in accordance with the recognition and measurement principles laid down in Ind AS, prescribed under Section 133 of the Act, read with relevant rules issued there under and other accounting principles generally accepted in India, and in compliance with Regulation 33 of the Listing Regulations. This responsibility also includes maintenance of adequate accounting records in accordance with the provisions of the Act for safeguarding of the assets of the Company and for preventing and detecting frauds and other irregularities; selection and application of appropriate accounting policies; making judgments and estimates that are reasonable and prudent; and design, implementation and maintenance of adequate internal financial controls that were operating effectively for ensuring the accuracy and completeness of the accounting records, relevant to the prepar [Showing first 8,000 characters — download PDF for full document]