Submission of Unaudited Standalone and Consolidated Financial Results for the quarter ended 30th June, 2026.

GnuarN-lT GILICKP /2026-27 llrly 21,2026 BSE Limited NationalStoak Exchan8e of lndia Limited Floor25,PJTowers, "EXCHANGE PLAZA", DalalStreet, Bandra - (urla Complex, Bandra (East), Mumbai- 400 001. lNDlA, Mumbai - 400 051. lNDlA. Scrip Code: 532726 Symbol: GALLANTT slrlMadam, SUB| OUTCOME OF BOARD MEETING HELD ON JULY 27,2026 - MEETING OF THE BOARD COIIIIMENGED AT 3:OO P.ir. AND CONCLUDED AT 6120 P.M. The Eoard of Directors at their meeting held on Monday, the 27th July, 2026 has, inter alia, decided and approved following important businesses: 1. APPROVAL OF UNAUDITED FINANCIAT RESULTS OF THE COMPANY FOR THE QUARTER ENDED 30" JUNE,2026 At-oNG wtrH LtMtrED REvtEW REPORI OF STATUTORY AUDITOR Pursuant to the provisions of Re8ulation 30 & 33 of the Securities and Exchange Board of lndia (Listing Obligat;ons and Disclosure Requirements) Regllations, 2015, the Board of Directors of the Company has considered and approved Standalone and Consolidated Unaudited Financial Resuhs of the Company for the Quarter ended 30rh June, 2026. We are enclosing herewith a copy of the Unaudited Financial Results along with the Limited Review Report of Statutory Auditors, M/s Marotj & Associates, Chartered Accountants for the Quarter ended 30th June, 2026. ln terms of Regulation 47 of the tisting Regulations, the extract of financial results, in the prescribed format, shall be published in all editions of an English Daily newspaper and any Hindi newspaper. The full format of the standalone and consolidated financial results for the Quarter ended 3orh lune, 2026 shall be available on the websites of the Stock Exchanges where equity shares of the Company are listed i-e. www.bseindia.com and www.nseindia.com. The above unaudited Financial Results are also available on the website of the Company at www.gallantt.com 2. RESIGNATIoN oF M/s. MAROTI & ASSOCIATES. CHARTERED ACCOUNTANTS As STATUTORY AUDITORS OF IHE COMPANY Pursuant to Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, we wish to inform you that based on the recommendation of the Audit Committee, the Board of Directors of the Company throuth resolution passed on 27th July, 2026 noted and accepted the resignation of M/s. Maroti & Associates, (Firm Registration No. GALLANTT ISPAT LIMITED CIN: L2n BUP2m5PLCI95660 Re8istere,l Office & Corakhpur Unih Gorakhpur Industrial DeveloPment Authority (GIDA)' sahianwa, Gorakhpu - 2732(8, Uttar Pradesh Tele-fax 0551 35155m, F--mail: csgmt@gatlantt.com, Websitq www Sallanttcom Guiarat Unit: Survey No. r7yl, Ne.r Toll Gate, Samakhyali, Bha'hau, Distt Kut(h - 37fl50' Guiarat Grr.Pnr.t-lT 322770E), Chartered Accountants, who have tendered their resignation as Statutory Auditors of the Company vide resignation letter dated 21n lury, 2026 informing their inability to continue as the Statutory Auditors of the Company. The members of Audit Committee have considered the circumstances of resignation and the committee is aliSned with the reasons stated in the resignation letter received from the Statutory Auditor. The Audit Committee also noted that the Statutory Auditors have not raised any concern or issue- The Resignation letter and information to be obtained from Statutory Auditor upon resignation in accordance with the requirements of the SEBl Circular CIR / CFD / CMDI I 114 / 2079, dated October, 18, 2019, is enclosed herewith as Annexure - A. Accordingly, on the recommendation of the Audit Committee, the Board of Directors of the Company at its meeting held on today 27ih July, 2026 had noted and accepted the resignation of M/s. Maroti & Associates, Chartered Accountants (Firm Registration No: 322770E), from the position of the Statutory Auditors of the Company upon completion of issuance of limited review report dated 27th July, 2025 on the Unaudited Financial Results (Standalone and Consolidated) of the Company for the quarter ended 30rh June,2026 by the Auditors. The Board of Directors at its meeting held on today,27tr fuly, 2026 had also noted that there are no reasons other than the reason mentioned in the resitnation letter reaeived from the Statutory Auditor for such resignation. 3. APPOINTMENT OF M/s. SINGHI & CO HARTERED ACCOUNTANTS AS STATUTORY AUDITORS OF THE COMPANY Pursuant to Regulation 30 of SEBI (tisting Obligations and Disclosure Requirements) Regulations, 2015, we wish to inform you that the Board of Directors of the Company through resolution passed on 27th July, 2026, subject to approval of members in the ensurng Annual General Meetin8 (AGM), approved the appointment of M/s. Singhi & Co., (Firm Registration No. 302049E), Chartered Accountants, as the Statutory Auditor of the Company to fill the casual vacancy caused due to the resignation of M/s. Maroti & Associates. The said appointment is pursuant to applicable provisions of the Companies Act 2013 and the SEBI (tisting Obligations and Disclosure Requirements) Regulations, 2015. M/s Singhi & Co., Chartered Accountants shall hold office upto the ensuing annual Seneral meeting of the Company. 4, APPOINTMENT OF MR. AMIT JALAN AS CHIEF FINANCIAL OFFICER ICFO) AND KEY MANAGERIAL PERSONNET (KMP) OI THE CO!{!A!Y Pursuant to Regulation 30(2) read along with Schedule lll of the SEBI LODR Regulations, the Board of Directors, based on the recommendation of the Nomination and Remuneration Committee, have approved the appointment of Mr. Amit Jalan as the Chief Financial Officer (CFO) and Key Managerial Personnel (KMP) of the Company w.e.f.27u luly,2026 GALLANTT ISPAT LIMITED CIN: L27r09UP2005PLCI9S60 RegistereJ Office & GorakhPur Unih GotakhPur lndustrial DeveloPment Authority (GIDA), Sahianwa, GorakhPur - 273209, Uttar Pradesh Tele-far 0551 3515500, E mai} csgml@gallantt com, Web6ite: www'Sallantt''on Guiarar UniL Survey No. Uyl, Near Toll Gate, Samakhyali, Bhach'u, Distt Kutch - 370150' Guiarat Gzrunr.t-Ir pursuant to the provisions of section 203 of the Companies Act, 2013 and Regulation 6(1) of SEBI LODR Regulations respectivelV. Additionally, the requisite disclosures under Regulation 30 of Part A of Schedule lll of SEBI {LODR) Regulations, 2015 and SEBI Master Circular SEBI/HO/CFD/PoD2lclR/P/0155 dated 11th November, 2024 (updated as on 30th lanuary, 2026) is annexed herewith as Annexure B. This is for your information and record. Thanking You, Yours faithfully, FoT GAI.I,ANTT ISPAT LIMITED Nitesh Kumar COMPANY SECRETARY M. No. F7496 Encl: As above GALLANT"T ISPAT LIMITED CIN: L27r09UP2005PLC19s660 RedstereJ Office & Gorakhpur Urdt GorakhPur Industrial DeveloPmcnt Authority (GIDA), sahianwa, Gorakhpur- 273209, Uttar Pradesh Tele-far 0551 35155m, E-mait: csgml@gallanft.com, Website www.gallantt'com Guiarat UniI Survcy No. Usn, Near Toll G.te. Samakhyali, Bhachau, Distt Kutch - 370150, Guiarat GntlnNt-lf STATEIIIENT OF UNAUDITEO STANDALONE FINANCIAL RESULT8 FOR THE qUARTER SNDED JUNE 30, 2026 Rs. ln Lakhs Sr. Quan€rended 30.06.2026 31.03.2025 30.06.2025 3r.03.2025 I ---r------- f Unaudlted Unaudilad 1 lncomo irom opoIatlons 1e). Reveflue from operalions 114 566 71 120441 31 112.777 _U 441,892.19 (b). Other income 1,830.99 2,152.37 682 46 5,959 41 ? Total lncom€ 't16,3S7.70 122.933.68 113,450.30 4,{7,851.60 3 Exponaos T Cosl of raw material6 consumed 88,235.95 86.826.44 80,04,{.01 314.120_O7 (b). Purcnase of stock in trade 478.17 755 74 1,740.57 3,977 -A2 (c). Chanqes in invenlori€s offnished prcduds, (5,8E4.52) (983.61) (4.582 57) (2,998.05) wo* in progress and conlrecls in progress {d). Employee benerits expen6e 3,070.70 4.172.07 3,118.80 13,S81.8S 847.35 1,372.37 564.54 4.168.59 Dep.e<ldlon ard alnortizatlon expense 3,011.47 3,357.-66l 3,165.3€ 13,031 72 ig). Excise duty (h). Othor exponses 8,956.84 '11,271.17 7,772.28 37,165.48 Totalexpemo3 [3(3] to 3(h]l 99,916.25 106,771.54 91,823.01 347,147.52 4 Prollt, {los) beforD oxc.pdoml ltams and trl 12 - 16.481.45 16,162.U 21,637.29 60,404.08 5 Exceplional it6ms 6 Prorit / lloss) b€tore tax (/t + 5, 16,481.45 16.162.01 21,A37.29 60,404. [Showing first 8,000 characters — download PDF for full document]