General Updates

Xpro India Limited Birla Building (2nd Floor) 9/1 R.N. Mukherjee Road Kolkata 700 001, India. +91 (033) 4082 3700/2220 0600 ; xprocal@xproindia.com November 3, 2026 National Stock Exchange of India Ltd. BSE Limited “Exchange Plaza”, Corporate Relationship Department Bandra-Kurla Complex, 1st Floor, New Trading Ring Bandra (E), Rotunda Building, P J Towers Mumbai 400 051 Dalal Street, Fort, Mumbai 400 001 Stock Symbol: XPROINDIA(EQ) Stock Code No: 590013 Dear Sir/Madam, Sub: Outcome of the Board Meeting held on Tuesday, November 3, 2026 In terms of Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 (“Listing Regulations”), we wish to inform you that the Board of Directors of the Company, at its meeting held today, i.e., November 3, 2026, have inter alia, approved the following: a) Un-audited Standalone & Consolidated Financial Results of the Company for the quarter and half year ended September 30, 2026. In this regard, we are enclosing herewith the Unaudited Financial Results for the quarter and half year ended September 30, 2026, along with the Limited Review Report issued by the Statutory Auditors of the Company (marked as Annexure A). b) Furnishing of a corporate guarantee of upto AED 83 million (approximately INR 215 Crores) in favour of Emirates Development Bank P.J.S.C. (“EDB”) to secure the repayment by Xpro Dielectric Films FZ- LLC (“XDF”), a subsidiary of the Company, of the principal amount and interest payable under an AED 63 million term facility, which is proposed to be utilised for refinancing and repayment of XDF’s existing Euro-denominated facility availed from AKA Ausfuhrkredit-Gesellschaft mbH (“AKA”), and an AED 20 million cash credit facility. The Guarantee of EUR 23.72 million provided earlier to AKA would stand cancelled subsequently, upon completion of necessary documentation and formalities. Disclosures under Regulation 30 of the SEBI Listing Regulations read with the information required to be disclosed pursuant to the SEBI Master Circular dated January 30, 2026 are annexed hereto (marked as Annexure B). c) Re-appointment of Sri K Balakrishnan (DIN: 00034031) as a Non-Executive Independent Director of the Company for a second term of five consecutive years, from May 25, 2027 to May 24, 2032, in accordance with the applicable provisions of the Companies Act, 2013 and the Listing Regulations. Sri K Balakrishnan is not related to any of the Director(s) or Key Managerial Personnel or Promoter(s) / Promoter group of the Company. Further, Sri K Balakrishnan is not debarred from holding Directorship by virtue of any SEBI order or any other Authority. A brief profile of Sri K Balakrishnan is enclosed herewith (marked as Annexure C). Registered Office : Barjora-Mejia Road, P.O. Ghutgoria, Tehsil : Barjora, Distt : Bankura, West Bengal 722 202. Tel : +91 (9775) 301 701; email : cosec@xproindia.com; website : www.xproindia.com CIN : L25209WB1997PLC085972 Xpro India Limited Birla Building (2nd Floor) 9/1 R.N. Mukherjee Road Kolkata 700 001, India. +91 (033) 4082 3700/2220 0600 ; xprocal@xproindia.com d) The Board of Directors has approved the recommendation of the Audit Committee with regard to the appointment of BSRS & Co LLP, Chartered Accountants, as the Statutory Auditors of the Company for a term of five consecutive years, commencing from the conclusion of the 30th Annual General Meeting to be held during FY 2027-28 till the conclusion of the 35th Annual General Meeting to be held during FY 2032-33. In due course, the appointment of BSRS & Co LLP as the Statutory Auditors of the Company shall be placed before the Shareholders for their necessary approval. The current Statutory Auditors, Walker Chandiok & Co LLP shall, on completion of their term, cease to hold office upon the conclusion of the 30th Annual General Meeting. The details as required under the SEBI Master Circular on SEBI (Listing obligations and Disclosure Requirements) Regulations, 2015 dated January 30, 2026 are enclosed as Annexure D. e) The requisite approval of the shareholders for the appointment of Sri Girish Behal as the Managing Director of the Company was accorded at the 29thAnnual General Meeting held on July 20, 2026. The Board of Directors approved issue of the letter of appointment to Sri Girish Behal, to be designated Managing Director & Chief Executive Officer of the Company with effect from January 1, 2027. Further, the said meeting commenced at 11:45 A.M. and concluded at 04:00 P.M. This is for your information and record. Thanking you, Yours faithfully, For Xpro India Limited Kamal Kishor Sewoda Company Secretary Registered Office : Barjora-Mejia Road, P.O. Ghutgoria, Tehsil : Barjora, Distt : Bankura, West Bengal 722 202. Tel : +91 (9775) 301 701; email : cosec@xproindia.com; website : www.xproindia.com CIN : L25209WB1997PLC085972 Xpro India Limited Birla Building (2nd Floor) 9/1 R.N. Mukherjee Road Kolkata 700 001, India. +91 (033) 4082 3700/2220 0600 ; xprocal@xproindia.com Annexure B Particulars Description Name of party for which such guarantees or Xpro Dielectric Films FZ-LLC (“XDF”), Subsidiary indemnity or surety was given of the Company. Whether the promoter/promoter group/group The Promoter/Promoter Group are not interested in companies have any interest in this this transaction, except as shareholders generally. transaction? If yes, nature of interest and details thereof and whether the same is done at “arm’s length”; Brief details of such guarantee or indemnity or The Board has approved issuance of a corporate becoming a surety viz. brief details of guarantee of up to AED 83 million (approximately agreement entered (if any) including INR 215 Crores) in favour of Emirates Development significant terms and conditions, including Bank P.J.S.C. (“EDB”) to secure the repayment by amount of guarantee; Xpro Dielectric Films FZ-LLC (“XDF”), a subsidiary of the Company, of the principal amount and interest payable under an AED 63 million term facility, which is proposed to be utilised for repayment of XDF’s existing Euro-denominated facility availed from AKA Ausfuhrkredit- Gesellschaft mbH (“AKA”), and an AED 20 million cash credit facility. The Guarantee of EUR 23.72 million provided earlier to AKA would stand cancelled subsequently, upon completion of necessary documentation and formalities. Impact of such guarantees or indemnity or The financials of Xpro Dielectric Films FZ-LLC are surety on listed entity. consolidated with the financials of the Company and hence, there will be no effective impact on the Company. Registered Office : Barjora-Mejia Road, P.O. Ghutgoria, Tehsil : Barjora, Distt : Bankura, West Bengal 722 202. Tel : +91 (9775) 301 701; email : cosec@xproindia.com; website : www.xproindia.com CIN : L25209WB1997PLC085972 Xpro India Limited Birla Building (2nd Floor) 9/1 R.N. Mukherjee Road Kolkata 700 001, India. +91 (033) 4082 3700/2220 0600 ; xprocal@xproindia.com Annexure C BRIEF PROFILE OF SRI K BALAKRISHNAN Sri K Balakrishnan, aged about 67 years, a qualified Chartered Accountant and Company Secretary with over four decades of professional experience, he has expertise in financial services, providing strategic and financial advice to Indian & multinational corporations, financial sponsors and business families. Currently, Chairman of Kriscore Financial Advisors Private Ltd., Director in Durvalife Jammi Herbals Private Ltd., and Durvalife Jammi Wellness Private Ltd. He has earlier been Chairman & Managing Director of Lazard India and Head of Corporate Finance & Advisory for HSBC Investment Bank. He is a member of the Audit Committee, Committee of Directors, and Chairman of Risk Management Committee of the Company. Registered Office : Barjora-Mejia Road, P.O. Ghutgoria, Tehsil : Barjora, Distt : Bankura, West Bengal 722 202. Tel : +91 (9775) 301 701; email : cosec@xproindia.com; website : www.xproindia.com CIN : L25209WB1997PLC085972 Xpro India Limited Birla Building (2nd Floor) 9/1 R [Showing first 8,000 characters — download PDF for full document]