Outcome of Board Meeting

Date: October 30, 2026 To, To BSE Limited National Stock Exchange of India Limited Corporate Relationship Department Exchange Plaza, Plot No. C-1, Block G, 25th Floor, Phiroze Jeejeebhoy Towers, Bandra Kurla Complex, Bandra (East) Dalal Street, Mumbai- 400001 Mumbai -400051 Scrip Code: 543258 NSE Symbol: INDIGOPNTS Dear Sir/Madam, Sub: Outcome of the Board Meeting held on October 30, 2026 Ref.: Disclosure under Regulations 30, 33 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 (“SEBI Listing Regulations”) In compliance with regulation 30 read with regulation 33 read with para-A of Part A of Schedule III and other applicable provisions of SEBI Listing Regulations, 2015 (‘Listing Regulations’), we would like to inform you that the Board of Directors of the Company at the meeting held today i.e. Friday, October 30, 2026 approved the Unaudited Consolidated and Standalone Financial Results of the Company for the quarter and half-year ended September 30, 2026. Accordingly, kindly find enclosed the following: 1. Unaudited Consolidated and Standalone Financial Results for the quarter and half-year ended September 30, 2026 along with Limited Review Report thereon issued by M/s. Price Waterhouse Chartered Accountants LLP, Statutory Auditors of the Company. 2. The Press Release on the financial results for the quarter and half-year ended September 30, 2026. Board meeting commenced at 02:00 P.M. (IST) and concluded at 04:40 P.M. (IST). The above information will also be made available on the website of the Company www.indigopaints.com/investors. You are requested to take note of the same. Thanking you. For Indigo Paints Limited Hemant Kamala Jalan Managing Director DIN: 00080942 Registered Office: INDIGO Paints Limited, Indigo Tower, Street-5, Pallod Farm-2, Baner Road, Pune - 411045 T: +91 20 6681 4300, Email: info@indigopaints.com, Website: www.indigopaints.com, CIN: L24114PN2000PLC014669 Price Waterhouse Chartered Accountants LLI• Review Report The Board of Directors, Mjs. Indigo Paints Limited, Indigo Tower, Street 5, Pallod Farm-2, Baner Road, Pune, Maharashtra - 411045. 1. We have reviewed the consolidated unaudited financial results oflndigo Paints Limited (the "Holding Company") and its subsidiary (the Holding Company and its subsidiary hereinafter referred to as the "Group") (refer Note 3 on the Statement) for the quarter ended September 30, 2026 and the year to date results for the period April 01, 2026 to September 30, 2026 and the Consolidated Unaudited Statement of Assets and Liabilities as on that date and the Consolidated Unaudited Statement of Cash Flows for the half-year ended on that date which are included in the accompanying "Statement of consolidated unaudited financial results for the quarter and six months ended September 30, 2026" (the "Statement"). The Statement is being submitted by the Holding Company pursuant to the requirement of Regulation 33 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, as amended (the "Listing Regulations, 2015"), which has been initia:tled by us for identification purposes. 2. This Statement, which is the responsibility of the Holding Company's Management and has been approved by the Holding Company's Board of Directors, has been prepared in accordance with the recognition and measurement principles laid down in Indian Accounting Standard 34 "Interim Financial Reporting", prescribed under Section 133 ofthe Companies Act, 2013, 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. 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. We also performed procedures in accordance with the circular issued by the SEBI under Regulation 33 (8) ofthe SEBI (Listing Obiigations and Disclosure Requirements) Regulations, 2015, as amended, to the extent applicable. 4· The Statement includes the results of the following entities: Name of the Entity As at S~tember 30, 2026 % Holdil!K l Consolidated as Indigo Paints Limited Holding Com_])_af!Y Apple Chemie India Private Limited 51% l Subsidi'!!Y Price Waterhouse Chartered Accountants LLP, 7th Floor, Tower A-Wing 1, Business Pune-411 006 T: +91 (20) 69050570 Registered office and Head office: 11·A, Vishnu Dig amber Marg, Sucheta Bhawan, New Delhi -110002 Price Waterhouse (a Partnership Firm) converted into Price Waterhouse Chartered Accountants LLP (a Limited Liability Pa with effect from July 25, 2014. Post its conversion to Price Waterhouse Chartered Accountants LLP, its ICAI registration num number before conversion was 012754N) Price Waterhouse Chartered Accountants LLP 5. Based on our review conducted and procedures performed as stated in paragraph 3 above and based on the consideration of the review report of another auditor referred to in paragraph 6 below, nothing has come to our attention that causes us to believe that the accompanying Statement has not been prepared in all material respects in accordance with the recognition and measurement principles laid down in the aforesaid Indian Accounting Standard and other accounting principles generally accepted in India and has not disclosed the information required to be disclosed in terms of Regulation 33 of the Listing Regulations, 2015 including the manner in which it is to be disclosed, or that it contains any material misstatement. 6. The interim financial information of the subsidiary reflects total assets of Rs. 5,649.50 Lakhs and net assets of Rs. 3,577.65 Lakhs as at September 30, 2026 and total revenues of Rs. 1,839.66 Lakhs and Rs. 3,808.28 Lakhs, total net profit after tax of Rs. 15.31 Lakhs and Rs. 5.84 Lakhs and total comprehensive income of Rs. 17.90 Lakhs and Rs. 11.00 Lakhs, for the quarter ended September 30, 2026 and for the period from April 01, 2026 to September 30, 2026, respectively, and cash flows (net) of Rs. (356.66) Lakhs for the period from April 01, 2026 to September 30, 2026, as considered in the consolidated unaudited financial results. This interim financial information has been reviewed by another auditor and their report, vide which they have issued an unmodified conclusion, has been furnished to us by another auditor and our conclusion on the Statement, in so far as it relates to the amounts and disclosures included in respect of this subsidiary, is based on the report of another auditor and the procedures performed by us as stated in paragraph 3 above. Our conclusion on the Statement is not modified in respect ofthe above matter. For Price Waterhouse Chartered Accountants LLP Firm Registration Number: 012754N/N500016 Neeraj Sharma Partner Membership Number: 108391 UDIN: ~G 10~.3<J ll="i Ll l1'\ p 45 9 <6 Place: Pune ':7' Date: October 30, 2026 Indigo Paints Limited Registered Office: Indigo Tower, Street-S, Pallod Farm-2, Baner Road, Pune, Maharashtra-411045 Corporate Identity Number: L24114PN2000PLC014669 Statement of consolidated unaudited financial results for the quarter and six months ended September 30, 2026 (All amounts in INR lakhs, unless otherwise stated) Consolidated Sl. Quarter e [Showing first 8,000 characters — download PDF for full document]