Outcome of Board Meeting

November 03, 2026 The Manager The Manager The BSE Limited National Stock Exchange of India Limited Listing department Listing department P. J. Tower, Dalal Street, Exchange Plaza, Bandra Kurla Complex Fort, Mumbai 400 001 Bandra (East), Mumbai 400 051 Scrip Code: 539407 NSE Symbol: GENCON Dear Sir/Madam, Subject – Disclosure under Regulation 30 and other applicable regulations of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015 (“SEBI Listing Regulations”): Outcome of the Board meeting we wish to inform you that the Board of Directors of the Company, at its meeting held today, has approved the unaudited Financial Results (Consolidated and Standalone) for the quarter ended June 30, 2026 along with Independent Limited Review Report thereon, as recommended by the Audit Committee; Pursuant to Regulation 33 and other applicable provisions of the SEBI Listing Regulations, we attach the Unaudited Financial Results (Consolidated and Standalone) for the quarter ended June 30, 2026, along with Independent Limited Review Report thereon. The meeting of the Board of Directors commenced at 02.00 p.m. (IST) and discussions on the above agenda items concluded at 03.00 p.m (IST). The Board Meeting is continuing for consideration of other agenda items. This is for information and records For Generic Engineering Construction and Projects Limited Shital Laxmikant Lokhande Whole-Time Director & CFO DIN: 11163063 Place: Mumbai Encl.: as above Independent Auditor's Review Report on the Quarterly Consolidated Unaudited Financial Results of the Company pursuant to Regulation 33 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, as amended The Board of Directors of Generic Engineering Construction and Projects Limited 1. We have reviewed the accompanying Statement of unaudited consolidated financial results ('the Statement') of Generic Engineering Construction and Projects Limited ('the Holding Company') and its Joint Venture (the Holding Company and its Joint Venture together referred to as the “the Group”) for the quarter ended June 30, 2026 attached herewith being submitted by the Holding Company pursuant to the requirements of Regulation 33 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 (as amended), including relevant circulars issued by the SEBI from time to time. 2. The Statement, which is the responsibility of the Holding Company's Management and 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 ('Ind AS 34'), prescribed under Section 133 of the Companies Act, 2013 ('the Act') and other accounting principles generally accepted in India and is in compliance with the presentation and disclosure requirements of Regulation 33 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 (as amended), including relevant circulars issued by the SEBI from time to time. 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 from 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 the Standards on Auditing specified under Section 143(10) of the Act, 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. 4. The Statement includes the results of the entities mentioned in Annexure I. Basis of Qualified Conclusion 5. The Inventories of the Holding Company as at June 30, 2026 include Work-in-Progress ('WIP') pertaining to ongoing construction / project contracts. While the Management has furnished engineering completion certificates evidencing the existence of the said WIP, the Holding Company has not provided us with sufficient and appropriate audit evidence in the form of cost records, cost allocation details, and the basis of computation of costs accumulated in WIP, In the absence of such cost records, we are unable to verify whether the said WIP has been correctly valued, whether any write-down to NRV or provision for obsolescence is required, and accordingly, we are unable to determine the consequential impact, if any on consolidated financial results Qualified Conclusion 6. Based on our review conducted and procedures performed above as stated in paragraph 3 and based on the consideration of the review reports of the other auditors and unaudited financial results referred to in paragraph 7 below, except for matter described in the Basis of Qualified Conclusion where of presently unascertainable for, 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 Ind AS 34, prescribed under Section 133 of the Act and other accounting principles generally accepted in India, has not disclosed the information required to be disclosed in accordance with the requirements of Regulation 33 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 (as amended), including the manner in which it is to be disclosed, or that it contains any material misstatement. 7. The accompanying Statement includes the unaudited interim financial results and other financial information, in respect of Joint Venture, whose unaudited interim financial result includes the Group’s share of net loss after tax of Rs.0.03 Lakhs and total comprehensive loss of Rs.0.03 Lakhs, for the quarter ended June 30, 2026 which has not been reviewed by any auditors and have been approved and furnished to us by the Management and our conclusion on the Statement, in so far as it relates to the affairs of the Joint Venture, is based solely on such unaudited interim financial results and other unaudited financial information. According to the information and explanations given to us by the Management, these interim financial results are not material to the Group. Our conclusion on the Statement in respect of matters stated above is not modified with respect to our reliance on the work done and the financial results certified by the Management. For Bilimoria Mehta & Co. Chartered Accountants FRN: 101490W Aakash Mehta Partner Membership no. 165824 UDIN: 26165824FEUUWA7764 Place of Signature: Mumbai Date: November 03, 2026 Annexure -1 Sr. No Particulars Status 1 Generic Bootes Construction LLP Joint Venture 1. The above un-audited Financial Results were reviewed by the Audit Committee and approved by the Board of Directors at their respective meetings held on November 03, 2026. These un-audited Financial Result have been prepared in accordance with the Indian Accounting Standard ("IND AS") as specified under Section 133 of the Companies Act, 2013 read with Rule 3 of the Companies (Indian Accounting Standards) Rules, 2015 (as amended from time to time) and the provisions of the Companies Act, 2013. 2. The results for the quarter ended June 30,2026 have been subject to limited review by the Statutory Auditor of the Company, under Regulation 33 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 as amended. The statutory Auditor, Bilimoria Mehta & Co. have issued limited review re [Showing first 8,000 characters — download PDF for full document]