Outcome of Board Meeting

an LNJ Bhilwara Group Company PROUD TO BE INDIAN PRIVILEGED TO BE GLOBAL November 2, 2026 BSE Limited National Stock Exchange of India Limited Corporate Relationship Department, Listing Department, 1st Floor, New Trading Ring, Exchange Plaza, C-1, Block - G, Rotunda Building, P.J. Towers, Bandra-Kurla Complex, Dalal Street, Bandra (East), MUMBAI - 400 001. MUMBAI -400 051. Scrip Code: 500350 Scrip Code: RSWM Sub: Outcome of Board Meeting held on 2nd November, 2026 Ref: Regulation 30 & 33 of the SEBI (LODR) Regulations, 2015 Dear Sir/Madam, Pursuant to Regulation 30 & 33 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, the Board of Directors of the Company at its Meeting held today, i.e., 2nd November, 2026 have inter alia approved and taken on record the following: 1. The Unaudited Financial Results (Standalone and Consolidated) of the Company for the quarter and half year ended 30th September, 2026, the Statement of Assets and Liabilities and Statement of Cash Flow as approved by the Board of Directors at their meeting held today i.e. 2nd November, 2026 along with Limited Review Report issued by the Statutory Auditors' thereon is attached as Annexure -I. 2. In continuation of earlier announcement dated 5th August 2026, informing setting up of a Denim Garment facility at approx. Rs. 186.30 crores with NDS9 Private Limited, the Board has reviewed and decided to revise the project cost to apporx. Rs.208.26 crore, with the addition of Knit Garments facility in the first phase itself, with a view to achieving economies of scale. 3. The Board has decided to further invest upto RS. 46.24 crore (in one or more tranches) in LNJ NDS9 Globa, l Private Limited, subsidiary of the Company by acquiring upto 4.62 equity shares of face value of n0/- each in such manner to maintain 74:26 ratio as per Joint Venture Agreement. The detail disclosure is attached as Annexure - II 4. Pursuant to the approval of the' RSWM Limited Employees Stock Option Plan 2026 (" ESOP Scheme") by the Board of Directors of the company on 6th May 2026 and by the members of the Company on 26th August 2026 and pursuant to receipt ofln-Principle approval of BSE and (Formerly Rajasthan Spinning & Weaving Mills Limited) Corporate Office: Regd. Office: Bhilwara Towers, A-12, Sector-1 Kharigram, P. B. No. 28, Post Office Gulabpura -311 021 Naida -201 301 (NCR-Delhi), India Dist!. Bhilwara, (Rajasthan), India Tel: +91-120-4390300 (EPABX) Tel. : +91-1483-223144 to 223150, 223478 Fax:+91-120-4277841 Fax: +91-1483-223361, 223479 Website: www.rswm.in Website: www.lnjbhilwara.com GSTIN: 09AAACR9700M1Z1 GSTIN: 08AAACR9700M1Z3 Corporate Identification Number: L17115RJ1960PLC008216 Limited an LNJ Bhilwara Group Company PROUD TO BE INDIAN PRIVILEGED TO BE GLOBAL National Stock Exchange of India Limited on 22nd October 2026 and 23rd October 2026 respectively, the NRC of the Company, at its meeting held today i.e on 2nd November 2026 has approved the grant of 9,70,000 options at an exercise price of Rs. 146/- per option to the Eligible Employees of the Company and of its subsidiary. The detail disclosure is attached as Annexure - III The aforesaid information is also being available on the website of the Company at www.rswm.in The meeting of the Board of Directors commenced at 2: 15 P.M. and concluded at 03:50 P.M. Kindly take the same on records. Thanking you, Yours faithfully, For RSWM LIMITED !f#r-- SURENDER GUPTA CHIEF COMPLIANCE OFFICER & COMPANY SECRETARY FCS-2615 rswm.investor(allnjbhilwara.com Encl.: As above (Formerly Rajasthan Spinning & Weaving Mills Limited) Corporate Office: Regd. Office: Bhilwara Towers, A-12, Sector-1 Kharigram, P. B. No. 28, Post Office Gulabpura -311 021 Noida -201 301 (NCR-Delhi), India Distt. Bhilwara, (Rajasthan), India Tel: +91-120-4390300 (EPABX) Tel.: +91-1483-223144 to 223150, 223478 Fax: +91-120-4277841 Fax: +91-1483-223361, 223479 Website: www.rswm.in Website: www.lnjbhilwara.com GSTIN: 09AAACR9700M1Z1 GSTIN: 08AAACR9700M1Z3 Corporate Identification Number: L17115RJ 1960PLC008216 Annexure - I LODHA 12, Bhagat Singh Marg, New Delhi -110 001, India Telephone : 91 11 23710176 / 23710177 / 23364671 / 2414 & (Q E-mail delhi@lodhaco.com Chartered Accountants Independent Auditor's Review Report on Quarterly and Half year Ended Standalone Unaudited Financial Results of the Company pursuant to the Regulation 33 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, as amended The Board of Directors of RSWM Limited l. We have reviewed the accompanying statement of Standalone Unaudited Financial Results of RSWM Limited ('the Company') for the quarter and half year ended 30th September, 2026 (the "Statement") attached herewith, being submitted by the Company pursuant to the requirements ofRegulation 33 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, as amended ("the Listing Regulations"). 2. This Statement, which is the responsibility of the Company's Management and approved by the Company's Board of Directors, has been prepared in accordance with the recognition and measurement principles laid down in Ind AS-34, "Interim Financial Reporting" prescribed u/s 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. Our responsibility is to issue a report on the Statement based on our review. 3. We conducted our review in accordance with the Standard on Review Engagement (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 financial results are free of material misstatement. A review is limited primarily to enquiries of the Company personnel and analytical procedures applied to financial data and thus provides less assurance than an audit. We have not performed an audit and accordingly, we do not express an audit opinion. 4. Based on our review conducted as 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 applicable Accounting Standards i.e. Indian Accounting Standards ('Ind AS') prescribed u/s 133 of the Companies Act, 2013 read with relevant rules issued thereunder and other recognised accounting practices and policies generally accepted in India has not disclosed the information required to be disclosed in terms of the Listing Regulation, including the manner in which it i~ to be disclosed, or that it contains any material misstatement. For Lodha & Co LLP Chartered Accountants Firm's Registration No. 301051E/E300284 Gaurav Lodha Partner M. No.- 507462 UDIN:2.bSo'14.G2. LRT"tT.O 5d Place: Noida Date: 02.11.2026 Regd. Office: 19, Esplanade Mansions, 14 Government Place East, Kolkata 700069, West Bengal, India. Lodha & Co (ICAI Reg. No. 301051 E) a Partnership Firm was converted into Lodha & Co LLP (Identification No. ACE-5752) a Limited Liability Partnership with effect from December 27, 2023 Kolkata Mumbai New Delhi Chennai Hyderabad Jaipur LODHA 12, Bhagat Singh Marg, New Delhi -110 001, India Telephone : 91 11 23710176 / 23710177 / 23364671 / 2414 & (Q E-mail delhi@lodhaco.com Chartered Accountants Independent Auditor's Review Report on the Quarterly and Half year ended Consolidated Unaudited Financial Results ofRSWM Limited pursuant to the Regulation 33 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 (as amended) The Board of Directors of RSWM Limited 1. We have reviewed the accompanying Statement of Consolidated Unaudited Financial Results of RSWM Limited (the "parent" or "RSWM Ltd"), its subsidiaries (the parent and its subsidiaries together referred to as "group [Showing first 8,000 characters — download PDF for full document]