Outcome of Board Meeting

Shalby/SE/2026‐27/66 November 03, 2026 The Listing Department Corporate Service Department National Stock Exchange of India Ltd BSE Limited Mumbai 400 051. Mumbai 400 001. Scrip Code : SHALBY Scrip Code: 540797 Through : https://neaps.nseindia.com/NEWLISTINGCORP/ Through : http://listing.bseindia.com Sub: Outcome of the Board Meeting of the Company Dear Sir / Madam, In continuation of our intimation letter no. Shalby/SE/2026‐27/61 dated October 22, 2026, and pursuant to Regulation 30, 33 and other applicable provisions of LODR Regulations, as amended from time to time, we would like to inform you that the Board of Directors of Shalby Limited (the "Company") at its meeting held today, i.e. Tuesday, November 03, 2026 which commenced at 03:28 p.m. and concluded at 03:58 p.m. has inter alia transacted the following businesses: 1. Unaudited Financial Results Considered and approved Unaudited Standalone and Consolidated Financial results for the quarter and half year ended September 30, 2026, together with the Limited Review Report issued by the Statutory Auditors of the Company thereon. The said financial results along with Limited Review Report are attached herewith as Annexure – A and are available on the website of the Company at www.shalby.org 2. Appointment of Mr. Shanay Vikram Shah (DIN: 02726541) as Whole‐Time Director Appointment of Mr. Shanay Vikram Shah (DIN: 02726541) as a Whole‐Time Director for a term of five consecutive years, subject to prior approval from the members of the Company. Mr. Shanay Vikram Shah is not disqualified or debarred from holding the office of Director pursuant to any order issued by Securities and Exchange Board of India or any other such authority, and declaration to this effect has been obtained pursuant to BSE Circular No. LIST/COMP /14/2018‐19 dated June 20, 2018, and NSE Circular No. NSE/ CML/2018/24 dated June 20, 2018. The details relating to appointment of Director as required under Regulation 30 of the SEBI (LODR) Regulations, 2015 read with SEBI Circular No. SEBI/HO/CFD/CFDPoD‐1/P/CIR/2023/123 dated July 13, 2023 is enclosed as Annexure – B. 3. Appointment of Mr. Tushar Shah (DIN: 06739455) as an Additional Director, designated as an Executive Director Appointment of Mr. Tushar Shah (DIN: 06739455) as an Additional Director designated as an Executive Director with effect from November 03, 2026, liable to retire by rotation, subject to the approval of the shareholders. Mr. Tushar Shah is not disqualified or debarred from holding the office of Director pursuant to any order issued by Securities and Exchange Board of India or any other such authority, and declaration to this effect has been obtained pursuant to BSE Circular No. LIST/COMP /14/2018‐19 dated June 20, 2018, and NSE Circular No. NSE/ CML/2018/24 dated June 20, 2018. The details relating to appointment of Director as required under Regulation 30 of the SEBI (LODR) Regulations, 2015 read with SEBI Circular No. SEBI/HO/CFD/CFDPoD‐1/P/CIR/2023/123 dated July 13, 2023 is enclosed as Annexure – B. 4. Approved Postal Ballot Notice and Calendar of Events The matter of appointment of Mr. Shanay Shah and Mr. Tushar Shah and fixation managerial remuneration is subject to approval of shareholders as per approved Postal Ballot Notice and Calendar of Events for:  appointment of Mr. Shanay Vikram Shah, (DIN: 02726541) as a Whole‐Time Director for term of 5 consecutive years w.e.f. November 03, 2026, and  appointment of Mr. Tushar Shah (DIN: 06739455), as an Executive Director, liable to retire by rotation, with effect from November 03, 2026, SHALBY LIMITED CALENDAR OF EVENTS FOR POSTAL BALLOT Sr. Particulars Final Schedule 1 Board Meeting Date (Q2 Results Meeting) Tuesday, 3 November, 2026 Date of Board Resolution authorizing the Director(s) 2 and the Company Secretary to be responsible for the Tuesday, 3 November, 2026 entire Postal Ballot process. 3 Date of appointment of the Scrutinizer Tuesday, 3 November, 2026 Specified Date for determining shareholders to whom 4 Friday, 30 October, 2026 Postal Ballot Notice will be sent 5 Date of completion of dispatch of Notice Wednesday, 4 November, 2026 Sr. Particulars Final Schedule 6 Date of publishing Advertisement in Newspaper Thursday, 5 November, 2026 7 Date of Commencement of e‐Voting Thursday, 5 November, 2026 8 Last date of e‐voting Friday, 4 December, 2026 9 Date of which resolutions will be deemed to be passed Friday, 4 December, 2026 10 Date of declaration of the result by the Chairman Saturday, 5 December, 2026 5. Reconstitution of various Committee w.e.f. December 16, 2026 Approved reconstitution of following committees w.e.f. December 16, 2026. 1.Audit Committee Sr. No. Name of Director Designation 1. Mr. Shyamal Joshi Chairman 2. Mr. Tej Malhotra Member 3. Mr. Tushar Shah Member 4. Mrs. Sujana Shah Member 2.Nomination and Remuneration Committee Sr. No. Name of Director Designation 1. Mr. Shyamal Joshi Chairman 2. Mrs. Sujana Shah Member 3. Mr. Tushar Shah Member 3.Corporate Social Responsibility Committee Sr. No. Name of Director Designation 1. Mrs. Sujana Shah Chairperson 2. Mr. Shyamal Joshi Member 3. Mr. Tushar Shah Member 4. Stakeholders Relationship Committee Sr. No. Name of Director Designation 1. Mr. Shyamal Joshi Chairman 2. Mr. Tushar Shah Member 3. Dr. Vikram Shah Member We request to take the same on your records. Thanking you, For Shalby Limited Dr. Vikram Shah Chairman and Managing Director (DIN: 00011653) Encl.: As above Annexure - A T R Chadha & Co LLP I. . Chartered Accountants =====-- Independent Auditor's Review Report on the Quarterly and Half Yearly Unaudited Standalone Financial Results of the Company Pursuant to the Regulation 33 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, as amended. TO THE BOARD OF DIRECTORS OF SHALBY LIMITED 1. We have reviewed the accompanying "Statement of Unaudited Standalone Financial Result of Shalby Limited ("the Company") for the quarter and half year ended September 30, 2026" ("the statement") attached herewith, being submitted by the company Pursuant to the requirement of Regulation 33 of The SEBI (Listing Obligation and Disclosure Requirements) Regulation,2015, as amended ('the Listing Regulation'), read with SEBI Circular No. CIRICFD/CMDl/44/2019 dated March 29,2019 ('the Circular'). 2. The preparation of the Statement is in accordance with the recognition and measurement principles laid down in Indian Accounting Standard 34, (Ind AS 34) "Interim Financial Reporting" prescribed under Section 133 of the Companies Act, 2013, as amended, read with relevant rules issued thereunder and other accounting principles generally accepted in India, read with the Circular is the responsibility of the Company's management and has been approved by the Board of Directors of the Company. 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. A review of interim 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. 4. Based on our review conducted and procedure performed as stated above, 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 discl [Showing first 8,000 characters — download PDF for full document]