Outcome of the Board Meeting dated 3rd November, 2026

GFCL: BRD: 2026-27 3rd November, 2026 The Secretary The Secretary BSE Limited National Stock Exchange of India Limited Phiroze Jeejeebhoy Towers Exchange Plaza, Bandra Kurla Complex Dalal Street, Mumbai 400 001 Bandra (E), Mumbai 400 051 Scrip Code: 542812 Symbol: FLUOROCHEM Sub: Outcome of the Board Meeting dated 3rd November, 2026 Ref: Our letter dated 26th October, 2026 about intimation of Board Meeting Dear Sir/Madam, Pursuant to Regulation 33 read with Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 (“Listing Regulations”), we would like to inform you that the Board of Directors of the Company at its Meeting held today 3rd November, 2026, inter alia, has approved the following: 1. Unaudited Standalone and Consolidated Financial Results of the Company along with Limited Review Reports for the quarter and half year ended 30th September, 2026 Pursuant to Regulation 33 read with Regulation 30 of the Listing Regulations, the Unaudited Standalone and Consolidated Financial Results of the Company along with Limited Review Reports for the quarter and half year ended 30th September, 2026 reviewed and recommended by the Audit Committee and approved by Board of Directors of the Company, are enclosed. The same are also being made available on the website of the Company at www.gfl.co.in. 2. Investment in Securities of GFCL EV Products Limited, a Material Subsidiary of the Company up to Rs. 600 Crores Investment in Securities of GFCL EV Products Limited, a Material Subsidiary of the Company up to Rs. 600 Crores, subject to approval of Shareholders of the Company considering materiality threshold limit under Regulation 23 of the Listing Regulations. The additional details required to be submitted under Regulation 30 of the Listing Regulations read with SEBI Master Circular No. HO/49/14/14(7)2025-CFD-POD2/I/3762/2026 dated 30th January, 2026, are as under: Sr. Particulars Details a) N ame of the target entity, details in GFCL EV Products Limited, a Material Subsidiary of the brief such as size, turnover etc.; Company (“GFCL EV”). Size/Turnover: Rs. 32.94 Crores for FY 2025-26. b) W hether the acquisition would fall The proposed Investment of the Company in GFCL EV within related party transaction(s) will be considered as a material related party transaction and whether the promoter/ promoter based on calculation of the materiality threshold limit of group/ group companies have any the related party transactions of the Company as interest in the entity being acquired? prescribed under Regulation 23 of the Listing Regulations If yes, nature of interest and details and hence, it is subject to the approval of Shareholders of thereof and whether the same is done the Company which will be made on the basis fair at “arm’s length”; valuation report of an Independent Valuer. c) In dustry to which the entity being Battery Chemicals acquired belongs; d) O bjects and impact of acquisition The proposed Investment to be made in GFCL EV is to (including but not limited to, fund their Capex and Operational requirements with disclosure of reasons for acquisition respect to their future expansion plan. of target entity, if its business is outside the main line of business of the listed entity); e) Br ief details of any governmental or Not applicable regulatory approvals required for the acquisition; f) In dicative time period for completion FY 2026-27 of the acquisition; g) Co nsideration - whether cash Cash consideration consideration or share swap or any other form and details of the same; h) Co st of acquisition and/or the price at Rs. 600 Crores which the shares are acquired; i) Pe rcentage of shareholding / control The Company is holding 96.14% in GFCL EV. acquired and / or number of shares acquired; j) Br ief background about the entity GFCL EV is incorporated in Gujarat, India on 8th acquired in terms of products/line of December, 2021 with the Registrar of Companies, business acquired, date of Ahmedabad and is engaged in providing end-to-end incorporation, history of last 3 years integrated solutions across the battery value chain, turnover, country in which the offering products for electric vehicles (EVs), energy acquired entity has presence and any storage systems (ESS) and battery components. other significant information (in brief); The details of turnover for the last three financial years are as follows: Financial Year Turnover (Rs. in Crores) 2025-26 32.94 2024-25 9.44 2023-24 0.36 The Meeting of the Board of Directors commenced at 12:00 noon and concluded at 2:00 p.m. We request you to take the above on your record. Thanking you, Yours faithfully, For Gujarat Fluorochemicals Limited Bhavin Desai Company Secretary FCS 7952 Encl.: As above GUJARAT FLUOROCHEMICALS LIMITED CIN:L24304HP2018PLC011898 Registered Office: Plot No. 1, Khasra Nos. 264 to 267, Industrial Area, Village Basal, Una, Himachal Pradesh - 174303 Tel: +911975297843 Website: www.gfl.co.in, email: contact@gfl.co.in GUJARAT FLUOROCHEMICALS BEYOND INFINITY VA,UE iHROUGH GREEII CHEM STRY STATEMENT OF UNAUDITED STANDALONE FINANCIAL RESULTS FOR THE QUARTER AND SIX MONTHS ENDED 30 SEPTEMBER 2026 (Rs in Crores) Quarter ended Quarter ended Quarter ended Six months ended Six months ended Year ended Particulars 30 September 2026 30 June 2026 30 September 2025 30 September 2026 30 September 2025 31 March 2026 (Unaudited) (Unaudited) (Unaudited) (Unaudited) (Unaudited) (Audited) I Revenue from operations 1,700 1,302 1,131 3,002 2,305 4,542 II Other income 5 7 7 12 24 35 Ill Total Income {1+11) 1,705 1,309 1,138 3,014 2,329 4,577 IV Expenses Cost of materials consumed 609 480 382 1,089 752 1,463 Changes in inventories of finished goods, work-in- (12) (62) (103) (35) (50) progress and by products (91) Power and fuel 238 194 189 432 378 738 Employee benefits expense 130 118 107 248 200 407 Foreign exchange fluctuation (gain)/loss (net) (18) (13) (29) (31) (48) (94) Finance costs 27 20 30 47 59 117 Depredation & amortisation expense 82 80 74 162 148 295 Other expenses 232 249 184 481 365 764 Total expenses (IV) 1,288 1,037 875 2,325 1,819 3,640 V Profit before exceptional items and tax (Ill-IV) 417 272 263 689 510 937 VI Exceptional items (see note 3) - - - - - (18) VII Profit before tax (V-VI) 417 272 263 689 510 919 Page 1 of 7 (Rs. in Crores) Quarter ended Quarter ended Quarter ended Six months ended Six months ended Year ended Particulars 30 September 2026 30June 2026 30 September 2025 30 September 2026 30 September 2025 31 March 2026 (Unaudited) (Unaudited) (Unaudited) (Unaudited) (Unaudited) (Audited) VIII Tax expenses (1) Current tax 104 71 62 175 120 220 (2) Deferred tax 4 * 6 4 10 21 (3) Tax pertaining to earlier periods - - - - * Tax expenses 108 71 68 179 130 241 IX Profit for the period/year (VII-VIII) 309 201 195 510 380 678 X Other Comprehensive Income A) Items that will not be reclassified to profit or loss Gains/(losses) on remeasurement of the defined 3 (5) (2) (2) 1 2 benefit plan Income tax on above (1) 1 1 * - * Total other comprehensive income 2 {4) (1) (2} 1 2 Total comprehensive income for the 311 197 194 508 381 680 period/year (Comprising Profit and Other Comprehensive Income for the period/year) (IX+X) Paid-up equity share capital 11 11 11 11 11 11 (face value of Re 1 each) Other Equity (excluding revaluation reserves) as 7,099 XIII shown in the Audited Balance Sheet of the previous year Basic and Diluted earnings per equity share of Re. 1 each (in Rs.) ** 28.12** 18.35** 17.93** 46.47** 34.59** 61.69 (*) Amount is less than Rs. a.so Crore. (**) Not Annualised Page 2 of 7 STANDALONE UNAUDITED STATEMENT OF ASSET AND LIABILITIES AS AT 30 SEPTEMBER 2026 (Rs in Crores) Asat As at Particulars 30 September 2026 31 March 2026 (Unaudited) {Audited) ASSETS (1) Non-current assets 3,554 3,628 (a) Property, plant & equipment (b) Capital work-in-progress 996 856 (c) Right of use assets 116 107 (d) Other intangible assets 117 126 (e) Intangible assets [Showing first 8,000 characters — download PDF for full document]