Outcome of Board Meeting

November 02, 2026 To To The Manager The Manager The Department of Corporate Services The Listing Department BSE Limited National Stock Exchange of India Limited Floor 25, P. J. Towers, Exchange Plaza, Bandra Kurla Complex, Dalal Street, Mumbai – 400 001 Bandra (East), Mumbai – 400 051 Scrip Code: 539450 Scrip Symbol: SHK Dear Sir / Madam, Sub: Outcome of Board Meeting held on November 02, 2026 Pursuant to the provisions of Regulation 30, 33 and other applicable provisions read with Schedule III of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 (“Listing Regulations”), we hereby inform that the Board of Directors of the Company (“Board”) at its Meeting held today, i.e. November 02, 2026 has inter alia approved the following: 1) Financial Results: The Board has approved the Unaudited Standalone and Consolidated Financial Results of the Company for the quarter and half year ended September 30, 2026. A copy of the said Financial Results along with the unmodified Limited Review Report thereon issued by the Statutory Auditors of the Company is enclosed herewith as Annexure I. 2) Appointment / Re-appointment of Directors: Based on the recommendation of the Nomination and Remuneration Committee and subject to shareholders’ approval, the Board has approved: a) Re-appointment of Mr. Deepak Raj Bindra (DIN: 06835196) as an Independent Director to hold office for second term of 5 (Five) consecutive years from December 15, 2026 to December 14, 2031; b) Re-appointment of Mr. Vasant Gujarathi (DIN: 06863505) as an Independent Director to hold office for second term of 5 (Five) consecutive years from February 20, 2027 to February 19, 2032; c) Re-appointment of Ms. Neela Bhattacherjee (DIN: 01912483) as an Independent Director to hold office for second term of 5 (Five) consecutive years from May 25, 2027 to May 24, 2032; and d) Appointment of Ms. Sumedha Karmarkar (DIN: 06899598) as an Additional Director (Non – Executive Non – Independent) with effect from November 03, 2026 and subsequently, subject to the approval of the shareholders of the Company, as a Non-Executive Non-Independent Director of the Company liable to retire by rotation. The details as required under Regulation 30 read with Schedule III of SEBI Listing Regulations and SEBI Master Circular No. HO/49/14/14(7)2025-CFD-POD2/I/3762/2026 dated January 30, 2026 are enclosed herewith as Annexure II. The Board Meeting commenced at 04:22 p.m. and concluded at 05:30 p.m. This intimation is also being uploaded on the Company’s website at www.keva.co.in. You are requested to take the above on record. For S H Kelkar and Company Limited Deepti Chandratre Global Legal Counsel and Company Secretary Encls: As above Annexure - T BSR&Co.LLP [imsmamgmenci Western Express Highway Chartered Accountants Goregaon (East), Mumbai - 400 063, India Telephone: +91 (22) 6257 1000 Fax: +91(22) 6257 1010 Limited Review Report on unaudited consolidated financial results of S H Kelkar and Company Limited for the quarter ended 30 September 2026 and year to date results for the period from 01 April 2026 to 30 September 2026 pursuant to Regulation 33 of Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015, as amended To the Board of Directors of S H Kelkar and Company Limited 1 We have reviewed the accompanying Statement of unaudited consolidated financial results of S H Kelkar and Company Limited (hereinafter referred to as “the Parent’), and its subsidiaries (the Parent and its subsidiaries together referred to as “the Group”) and its share of the net profit/loss after tax and total comprehensive incomelloss of its associate for the quarter ended 30 September 2026 and year to date results for the period from 01 April 2026 to 30 September 2026 (‘the Statement”), being submitted by the Parent pursuant to the requirements of Regulation 33 of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015, as amended ("Listing Regulations™). This Statement, which is the responsibility of the Parent’'s management and approved by the Parent'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” (‘Ind AS 34"), prescribed under Section 133 of the Companies Act, 2013, and other accounting principles generally accepted in India and in compliance with Regulation 33 of the Listing Regulations. Our responsibility is to express a conclusion on the Statement based on our review. 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. We also performed procedures in accordance with the circular issued by the Securities and Exchange Board of India under Regulation 33(8) of the Listing Regulations, to the extent applicable. The Statement includes the results of the entities mentioned in Annexure | to the Statement: Based on our review conducted and procedures performed as stated in paragraph 3 above and based on the consideration of the review reports of the other auditors referred to in paragraph 8 below, 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 in the aforesaid Indian Accounting Standard and other accounting principles generally accepted in India, has not disclosed the information required to be disclosed in terms of Regulation 33 of the Listing Regulations, including the manner in which it is to be disclosed, or that it contains any material misstatement. The consolidated financial results of the Group and its associate for the year ended 31 March 2026 were audited by the predecessor auditor whose report dated 15 May 2026 had expressed an unmodified opinion. The consolidated financial results of the Group and its associate for the corresponding quarter ended 30 September 2025 and the corresponding period from 01 April 2025 to 30 September 2025 were reviewed by the predecessor auditor whose report dated 07 November Vpressed an unmodified conclusion. Registered Offce: o. (2 partnership i with Registraion No. BAG1223) converted infoB S R & Co. LLP (a 4 o, Contval B g and Nor G Wing, Nesco [ Parc4, Nesco . Ljabiity Partnership with LLP Regisiraflon No. AAB-3w1it3h e1fle)ct from Oclober 14,2013 Center, Western Express Highviay, Goregaon (Easf), Mumbai- 400063 Page 10of3 BSR&Co.LLP Limited Review Report (Continued) S H Kelkar and Company Limited 7. The consolidated financial results of the Group and its associate for the three months ended 30 June 2026 were reviewed by the predecessor auditor whose report dated 28 July 2026 had expressed an unmodified conclusion. 8. We did not review the interim financial information of six (6) Subsidiaries included in the Statement, whose interim financial information reflects total assets (before consolidation adjustments) of Rs 1,358.9 crores as at 30 September 2026 and total revenues (before consolidation adjustments) of Rs 179.75 crores and Rs 355.93 crores, total net (loss) after tax (before consolidation adjustments) of Rs (8.19) crores and Rs (18.61) crores and total comprehensive income (before consolidation adjustments) of Rs (6.09) crores and Rs ( [Showing first 8,000 characters — download PDF for full document]