Outcome of Board Meeting

SAR LA ©Sar la Performance Fibers Limited IT hreading 304, Arcadia, 195. Narirnan Point. Murnbai-400 021. India PERFORMANCE FIBERS Excellence @ +91 22 4032 2786 @ enquiry@sarlafibers.com @ www.sarlafibers.com @ L31909DN1993PLC000056 Date: November 03, 2026 The Manager, Listing Department, Corporate Services Department National Stock Exchange of India Ltd., BSE Limited Exchange Plaza, Phiroze Jeejeebhoy Towers, Bandra Kurla Complex, Bandra (East), Dalal Street Mumbai - 400051 Mumbai - 400001 Symbol: SARLAPOLY Security Code: 526885 Subject: Outcome of the Meeting of the Board of Directors held on November 03, 2026 Ref.: Regulations 30 and 33 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 Dear Sir / Madam, Pursuant to Regulations 30 and 33 and other applicable provisions of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 (“Listing Regulations”), we wish to inform you that the Board of Directors of Sarla Performance Fibers Limited (“Company”), at its Meeting held today, i.e. Tuesday, November 03, 2026, which commenced at 05:30 P.M. (IST) and concluded at 05: 55 P.M. (IST), inter alia, considered and approved / took on record the following matters: 1. Unaudited Financial Results: Approved the Unaudited Standalone and Consolidated Financial Results of the Company for the quarter and half year ended September 30, 2026, including the Statement of Assets and Liabilities and Statement of Cash Flows for the half year, and took on record the Limited Review Reports issued by the Statutory Auditors thereon. The said Financial Results and Limited Review Reports are enclosed as Annexure A. 2. Adoption of SPFL ESOP Plan 2026 and Withdrawal of the 2025 Plan: Based on the recommendation of the Nomination and Remuneration Committee (“NRC”), acting as the Compensation Committee, approved the fresh Sarla Performance Fibers Limited Employee Stock Option Plan 2026 (“SPFL ESOP Plan 2026” / “Scheme”), for implementation and administration through the SPFL ESOP Trust by way of Secondary Acquisition only, with a common pool of 39,75,150 Options, each exercisable for one fully paid-up equity share of face value ₹1 each, subject to approval of the Members by Special Resolution through Postal Ballot. The Board also approved and recommended to the Members the withdrawal of the Sarla Performance Fibers Limited Employee Stock Option Plan (ESOP) Scheme 2025 and its extension to employees of Subsidiary Company(ies), approved by the Members on March 6, 2025. No option was granted and no Share was allotted under the 2025 Plan. The new Scheme and withdrawal of the 2025 Plan shall take effect only upon approval of the Special Resolutions at Item Nos. 1, 3 and 4 of the Postal Ballot Notice. Regd. Off. & Works 1: Works 2, Works 3: Vapi Works: Survey No. 59/1/4. Survey No. Survey No. 213/P, Shed No. Al/48, Amii Piparia Industrial 64/2/3/4,61/1,61/2,62/S,63/S,63/7, Plot No. 11& 12, 100 Sheds Area, Estate, Silvassa-396 230, Amii Piparia Industrial Estate, Dadra-396 191, GIDC, Vapi-396195 U.T. Dadra & Nagar Haveli Silvassa-396 230, U.T. Dadra & Nagar Haveli (Gujarat} U.T. Dadra & Nagar Haveli Sarla Performance Fibers Limited 304, Arcadia, 195, Nariman Point, Mumbai-400 021. India @ +91 22 4032 2786 @ enquiry@sarlafibers.com @ www.sarlafibers.com @ L31909DN1993PLC000056 3. Extension of the Scheme to Eligible Employees of Subsidiary Company(ies): Based on the recommendation of the NRC, approved and recommended to the Members the extension of the Scheme to Eligible Employees and Directors of the Subsidiary Company(ies), present and future, in India or outside India, within the common Option Pool of 39,75,150 Options and subject to the Scheme, the SEBI (Share Based Employee Benefits and Sweat Equity) Regulations, 2021 (“SEBI SBEB Regulations”) and other applicable laws, subject to approval of the Members by way of a separate Special Resolution through Postal Ballot. 4. Secondary Acquisition by SPFL ESOP Trust: Approved and recommended to the Members the acquisition of existing fully paid-up equity shares of the Company by the SPFL ESOP Trust through Secondary Acquisition on the platform of a recognised stock exchange, for implementation of the Scheme, subject to the limits and conditions prescribed under the SEBI SBEB Regulations, including the applicable annual and aggregate ceilings, and subject to approval of the Members by way of a separate Special Resolution through Postal Ballot. 5. Provision of Money to SPFL ESOP Trust: Approved and recommended to the Members the provision of money by the Company to the SPFL ESOP Trust, from time to time and in one or more tranches, solely for Secondary Acquisition of existing equity shares of the Company for implementation of the Scheme and charges directly incidental to such acquisition, subject to Section 67(3)(b) of the Companies Act, 2013, Rule 16 of the Companies (Share Capital and Debentures) Rules, 2014, Regulation 3(8) of the SEBI SBEB Regulations and other applicable laws. The proposed loan is interest-free, unsecured and co-terminus with the Scheme, with recourse limited to the assets of the Trust. The value of Shares to be purchased in the aggregate together with the money provided by the Company shall not exceed 5% of the aggregate of paid-up capital and free reserves under Rule 16(1)(d), computed from time to time. The loan shall not reimburse or make good, after acquisition, any difference between the Trust’s acquisition cost and the Exercise Price. The Company shall bear the costs of establishing and administering the Scheme and the Trust, including Trustee fees, separately from the loan. The proposal is subject to approval of the Members by a separate Special Resolution through Postal Ballot. 6. SPFL ESOP Trust and Trust Deed: Approved the constitution / settlement of the SPFL ESOP Trust with an initial settlement of ₹1,00,000 and Onetrust Managers Private Limited as the sole corporate Trustee, subject to the requisite shareholder approvals becoming effective, and approved the draft Deed of Trust placed before the Board. The authorised officers of the Company were authorised to finalise and execute the Trust Deed after the shareholder approvals become effective and to make the filings required under Regulation 3(3) of the SEBI SBEB Regulations and other applicable laws. 7. Postal Ballot Notice: Approved the Postal Ballot Notice together with the four separate Special Resolutions referred to in paragraphs 2 to 5 above and the Explanatory Statement thereto, for seeking approval of the Members through remote e-voting in accordance with Sections 108 and 110 of the Companies Act, 2013, the applicable Rules, Regulation 44 of the Listing Regulations, SS-2 and the SEBI SBEB Regulations. Regd. Off. & Works l: Works 2: Works 3: Vapi Works: Survey No. 59/1/4. Survey No. Survey No. 213/P, Shed No. Al/48, Amii Piparia Industrial 64/2/3/4,61/l ,61/2,62/5,63/5,63/7, Plot No. 11& 12, 100 Sheds Area, Estate, Silvassa-396 230, Amii Piparia Industrial Estate, Dadra-396191. GIDC, Vapi-396195 U.T. Dadra & Nagar Haveli Silvassa-396 230, U.T. Dadra & Nagar Haveli (Gujarat) U.T. Dadra & Nagar Haveli Sarla Performance Fibers Limited 304, Arcadia, 195, Nariman Point, Mumbai-400 021. India @ +91 22 4032 2786 @ enquiry@sarlafibers.com @ www.sarlafibers.com @ L31909DN1993PLC000056 8. Appointment of Scrutinizer: Appointed CS Vyoma Desai, Practising Company Secretary (FCS 11166; COP 23010), as the Scrutinizer for conducting the Postal Ballot process through remote e-voting in a fair and transparent manner. 9. E-voting and Postal Ballot Process: Approved the engagement of National Securities Depository Limited (“NSDL”) for providing the remote e-voting facility. The cut-off date is Friday, October 30, 2026, and remote e-voting commences at 09:00 A.M. (IST) on Thursday, November 5, 2026 and ends at 05:00 P.M. (IST) on Friday, December 4, 2026. The resolutions, if passed by the requisite majority, shall be deem [Showing first 8,000 characters — download PDF for full document]