Audited Standalone and Consolidated Financial Results for the quarter and half year ended September 30, 2026.

Valiant Laboratories Limited November 02, 2026 To, To, Listing/Compliance Department Listing/Compliance Department BSE Limited National Stock Exchange of India Limited Phiroze Jeejeebhoy Towers, Exchange Plaza, Plot No. (71, Dalal Street, G-Block, Bandra-Kurla Complex, Mumbai - 400001 Bandra (E), Mumbai - 400051 BSE CODE - 543998 NSE Symbol: VALIANTLAB Dear Sir/Madam, Subject: Outcome of Board Meeting held on November 02, 2026 - Financial Results Ref: Regulation 30 & 33 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 This is to inform you that the Board of Directors of Valiant Laboratories Limited (‘the Company’) at its meeting held today i.e. on Monday, November 02, 2026 has considered and approved the Audited Standalone and Consolidated Financial Results for the quarter and half year ended September 30, 2026 and took on record the Audit Report issued by the Statutory Auditor, namely, Raman S. Shah & Co., Chartered Accountants. We enclose herewith a copy of the approved Audited Standalone and Consolidated Financial Results along with the Audit Report. The Board Meeting commenced at 04:00 P.M and concluded at 05:20 P.M This intimation is also being uploaded on the Company’s website at www .valiantlabs.in We request you to take the same on record. Thanking you, Yours faithfully, For Valiant Laboratories Limited Akshay Gangurde Company Secretary & Compliance Officer Encl: As above www.valiantlabs.in | CIN: L24299MH2021PLC365904 Registered Office: 104, Udyog Kshetra, Mulund-Goregaon Link Road, Mulund (W), Mumbai - 400080. Corporate Office: 701-A, 7% Floor, Tower-B, Embassy 247, L.B.S. Road, Vikhroli (West), Mumbai-400083. T: 022-49717221 /49712001 /49717220 | E: investor@valiantlabs.in RAMAN S, SHAH & CO CHARTERED ACCOUNTANTS CARaman S. Shah, B.Com ,F.C.A. INDIA Independent Auditors' Report To Board of Directors of Valiant Laboratories Limited Report on Audit of Standalone Audited Financial Results Opinion We have audited the accompanying standalone financial results of Valiant Laboratories Limited ("the Company") for quarter ended 30™ September 2026 and year to date results for the period st April 2026 to 30™ September 2026 ("the financial results) attached herewith being submitted by the Company pursuant to the requirement of Regulation 33 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, as amended (“Listing Regulations™). In our opinion and to the best of our information and according to the explanations given to us these financial results: 1. are presented in accordance with the requirements of Regulation 33 of the Listing Regulations in this regard: and 2. give a true and fair view in conformity with the recognition and measurement principles laid down in the Indian Accounting Standard 34 “Interim Financial Reporting” (“Ind AS-34") prescribed under section 133 of the Companies Act 2013 read with relevant rules thereunder and other accounting principles generally accepted in India of the net profit / ( Loss) and total other comprehensive income. and other financial information of the Company for quarter ended 30" September 2026 and year to date results for the period Ist April 2026 to 30™ September 2026. Basis for Opinion We conducted our audit in accordance with the Standards on Auditing ("SAs") specified under Section 143(10) of the Companies Act, 2013 ("the Act"). Our responsibilities under those SAs are further described in the Auditor's Responsibilities for the Audit of the Financial Results section of our report. We arc independent of the Company in accordance with the Code of Ethics issued by the Institute of Chartered Accountants of India together with the ethical requirements that are relevant to our audit of the financial results under the provisions of the Act and the Rules thereunder. and we have fulfilled our other ethical responsibilities in accordance with these requirements and the Code of Ethics. We believe that the audit evidence we have obtained is sufficient and appropriate to provide a basis for our opinion. Head Office -102,Ist Floor,Inder Darshan Building ,Jamli Gali ,Borivali(W),Mumbai (W) RAMAN S. SHAH & CO CHARTERED ACCOUNTANTS CA Raman S. Shah, B.Com ,F.C.A. Management's Responsibilities for the Standalone Financial Results These quarterly and year to date standalone financial results have been prepared on the basis of the interim financial statements. The Company's Board of Directors are responsible for the preparation of these financial results that give a true and fair view of the net Profit / ( Loss) and other comprehensive income and other financial information in accordance with the recognition and measurement principles laid down in Indian Accounting Standard 34, 'Interim Financial Reporting' prescribed under Section 133 of the Act 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 oft he 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 preparation and presentation of the financial results that give a true and fair view and are free from material misstatement, whether due to fraud or error. In preparing the standalone financial results, the management and the Board of Directors are responsible for assessing the Company's ability to continue as a going concern. disclosing, as applicable, matters related to going concern and using the going concern basis of accounting unless the management and the Board of Directors either intends to liquidate the Company or to cease operations, or has no realistic alternative but to do so. The Board of Directors is also responsible for overseeing the financial reporting process of the Company. Auditor's Responsibilities for the Audit of the Standalone Financial Results Our objectives are to obtain reasonable assurance about whether the standalone financial results as a whole are free from material misstatement, whether due to fraud or error. and to issue an auditor's report that includes our opinion. Reasonable assurance is a high level of assurance but is not a guarantee that an audit conducted in accordance with SAs will always detect a material misstatement when it exists. Misstatements can arise from fraud or error and are considercd material if, individually or in the aggregate, they could reasonably be expected to influence the economic decisions of users taken on the basis oft hese financial resuits, -102,Ist Floor, Inder Darshan Building ,Jamli Gali ,Borivali(W),Mumbai (WNZ RAMAN S. SHAH & CO CHARTERED ACCOUNTANTS CA Raman S. Shah, B.Com ,F.CA. As part of an audit in accordance with SAs, we exercise professional judgment and maintain professional skepticism throughout the audit. We also: * lIdentify and assess the risks of material misstatement of the standalone financial results, whether due to fraud or error, design and perform audit procedures responsive to those risks, and obtain audit evidence that is sufficient and appropriate to provide a basis for our opinion. The risk of not detecting a material misstatement resulting from fraud is higher than for one resulting from error, as fraud may involve collusion, forgery, intentional omissions, misrepresentations, or the override of internal control. ¢ Obtain an understanding of internal control relevant to the audit in order to design audit procedures that are appropriate in the circumstances. but not for the purpose of expressing an opinion on the effectiveness oft he Company's internal c [Showing first 8,000 characters — download PDF for full document]