Outcome of Board Meeting

Corporate Office & Communication Address: 40I Aza House, 24, Turner Road, Bandra (W), Mumbai 400 050. Website: www.panamapetro.com Phone : 9I-22-42I77777 I Fax : 9I-22-42I77788 I E-mail : ho@panamapetro.com CIN No. L23209GJI982PLC005062 November 04, 2026 BSE Limited National Stock Exchange of India Limited Pjiroze Jeejeebhoy Towers, Exchange Plaza,5th Floor,Plot No. C/1 Dalal Street, Fort,Mumbai 400 001 G Block,BKC, Mumbai-400 051 Scrip Code: 524820 Scrip Symbol :PANAMAPET Sub.: Outcome of the Board Meeting Dear Sir, Pursuant to Regulation 33 and other applicable provisions of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, we hereby inform you that the Board of Directors of the Company, at its meeting held today, has inter-alia approved and taken on record the un-audited Consolidated & Standalone Financial Results for the for the quarter/ half year ended September 30, 2026 . The copy of un-audited Financial Results for the quarter/ half year ended September 30, 2026 is enclosed herewith along with Limited Review Report for your record. The Board meeting commenced at 11:30 A.M. and concluded at 12.25 P.M. We request you to kindly bring the above information to the notice of members. Thanking You, For Panama Petrochem Limited Gayatri Sharma Company Secretary & Compliance Officer @J#,**S,Sf,9CIATES 3303, Marathon Futurex, 'A' Wing, Mafadal Mills Compound, N.M. Joshi Marg, Lower Parel, Mumbai 400 013 Tel: +91122-41482753/54/55 . Em&il: info@imrassociates.com ' Website: *,*rtrjmrassociates.com Offices at Lower Parel ' Dadar . Mulund lndependent Auditor's Review Report on lnd AS unaudited Standalone Financial Results of Panama Petrochem Limited, pursuant to the Regulation 33 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, as amended To The Board of Directors Panama Petrochem Limited 1. We have revie\,yed the accompanying statement of standalone unaudited financial results of Panama Petrochem Limited (the'Company") for the quarter and half year ended 30 September 2026 together with the notes thereon (the "Statement") attached herewith being submitted by the Company pursuant to the requirement of Regulation 33 of the Securities and Exchange Board of lndia (Listing Obligations and Disclosure Requirements) Regulations, 2015, as amended. 2. T}lis statement is the responsibility of the Company's Management and has been approved by the Board of Directors, has been prepared in accordance with the recognition and measurement principles laid down in lnd AS 34 prescribed under Section 133 of the Companies Act, 2013 (the 'Act") as applicable, and other accounting principles generally accepted in lndia in compliance with Regulation 33 of the Securities and Exchange Board of lndla (Listing Obligations and Disclosure Requirements) Regulations, 2015, as amended ("Listing Regulations"). Our responsibility is to issue a report on these flnancial statements based on our review. 3. We conducted our review of the Statement in accordance with the Standard on Review Engagements (SRE) 2410 "Review of lnterim Financial lnformation Performed by the lndependent Auditor of the Entity," issued by the lnstitute of Chartered Accountants of lndia. This standard requires that we plan and perform the review to obtain moderate assurance as to whether the financial statements are free of 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 Standards on Auditing specified under section 143(10) of the Companies Act, 2013 and consequently does not enable us to obtain assurance that we would become aware of all significant matters that might be identifled in an audit. Accordingly, we do not express an audit opinion. We also performed procedures in accordance with the circular issued by the SEBI under Regulation 33 ofthe SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, as amended, to the extent applicable. ffims *w #$l* 9I \ M . No.1t1m3lr ti,tunrtei /& rES LLP @ c rA J"HH**P,P.-P 3303, Marathon Futurex, "A" Wing, Mafatlal Mills Compound, N.M. Joshi Marg, Low€r Parel, Mumbai 400 013 Teh +91 D2-41 4a27 53/54155' Emril; info@imrassociates.com . Websire: li'tr.wj Irllassociates-com Offces at Lower Parel . Dadar. M Dnd 4. Based on our review conducted as above, nothing has come to our attention that cause us to believe that the accompanying statement of unaudited financial results prepared in accordance with applicable lndian Accounting Standards and other recognized accounting practices and policies has not disclosed the information required to be disclosed in terms 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, orthat it contains any material'misstatement. For JMR Associates LLP Chartered Accountants Firm Reg. No.: 1069'12W / W100300 lu. Ho. Mumbai ,/-. Nikesh Jain Partner lvlembership No.: 114003 - uDrN:251 t4O0ZC N O LGB 3 806 Place: Mumbai Date: 4h November 2026 PANAMA PETROCHEM LIMITED Regd Oflice PlotNo 3303. G.l.DC Ankleshwar-393002 Corp. Office! 4ih Floor Aza House, Turner Rd, NearTaw3 Restaumnl, Band6 (W), lLlumbal_ 50 o"#)*, f, Ro oiEif, a trr STATEMENT OF UNAUDITED STANDALONE FINANCIAL RESULTS FOR THE AUARTER AND HALF YEAR ENDED 30 SEPTE BER 2026 in Crcrc Sr. 30 SeDt 30 SeDt 30 Sept 2026 2026 2025 2026 2o25 2Q26 a) Revenue from operalions 1 038 00 1 247.46 503 73 2_245.86 927 A5 196181 4.22 11 66 6.68 1712 Iorrllncome ( {a)+(b) ) 1,045.44 't,252.0E 506.65 2,297.52 034.53 1.974.93 Cosl dt maleriel onsumed 765 75 854.97 1,620 72 772.04 Pur.hase.f stock-in-lrade 361 2.98 002 659 0.21 s16 c' )t tlrdease)/deoease n rnveniones o'xaded goods and filished goods 16 661 6.42 10 24 1.64 ld) EmD ovee benefits exDense 2419 32.31 56 50 16.42 3as 296 685 4.89 DeDreciation and amonization exoense 2.47 2.35 4A2 4.32 455 59.44 58 90 27 6A 118 34 51.41 1n512 Iot l Eroenses lal to aol 842.69 960.E9 /.61_42 1,603.54 850.53 1,781.61 3 Prort beforetax(1'2) 2,J2_75 291.19 a5.2! 493.94 84.00 le1.12 &.74 73 40 1'140 124.14 21 10 49 50 b 0.42 n27 035 0.69 061 054 rotal tax exoenses {al+(b) 5't.16 73.47 11.75 124.43 21.71 50.(M ,rofit/(loss) for the period,year {3-4) t5l,59 217.52 3l_48 369.'t i 62.29 .2a 6 ]THER COMPREHENSIVE INCOME: q) (l ltems thatwill.ol be Eclassitied subsequenllv to profil or loss 5.65 8.16 t6 86 13.81 (0 79 17.52' {ii) lncome tax relatino to items thalwillnotbe reclassifed to pmfilorloss '1.U (3.31 0.20 125 l\ lil hems that will be reclassified Io orofit or loss - +a- gNJ rJ iome lax relatrna lo rrems ihrl willbe reclassified io prc rr comDrehensive lncome lA)+lBl 4.11 6-39 45.13' 10.50 {0.591 16.27' IOTAL\Dii,tREHENSIVE INCOME FOR THE PERIOD /Y .6) 155.70 223.91 28.35 379.61 61.70 137.O1 $ u.N K .\8 d{@,.tri&rrgq.r-"g",ne!e'e't'e'-',-"r"'""''"WZ"o 12.10 121,l 12_10 12.10 12.10 '12.10 U ResEr{e?4cludino Revaluation Reserve as ai balance sheet date 1.041.07 ,/Persnare {EPs} {< lttasrc and uruteo 25.06 35"95 5.53 61.01 t0_30 23.69 (a) PtuPertY, P ant and equipdent (b) c2 pitar wo* {n-pros r6s (ii) cadr and 6h equ valen6 (ii ) Bank bdan6 otner than (i) (c) cure.t tat asts (reo 1, r{on<urent Liabiliti6 (c) Der€rcd tax riabil t 6 (neD m Toral on -curent Llabiliti6 (a) Totaloutstand n! dks of mi@ ente4r*s aM sma enteDn*s umr (b) Tota outstandinq dues of crcdrtors other lian mic@ enterpnses and small #9/-9, ( v) otlEr frMncia liabi es (b) otr.er ent iabillris (d) ciu eni tax l€birihes (et) Cash Frm tor rhe Har -Yed nded Crsi FIN! tdm op€Eting advlde. befoe tax fDm contjnuing opdauon on prcperty, plart and eqolpment and lnvestnent prcperry on *le of properlr, plant and equipment (neo (o_0r) ':"" rzed foreiqn dchanse l6s/(qain) (1e1) debts, provisio [Showing first 8,000 characters — download PDF for full document]