Outcome of Board Meeting

IVP LIMITED Regd. Office : Shashikant N. Redij Marg, Ghorupdeo, Mumbai - 400 033 Tel. : +91-22- 3507 5360 Email : ivp@ivpindia.com Website : www.ivpindia.com CIN : L74999MH1929PLC001503 Ref. No. IVPSEC/SE/444/11/2026-27 November 04, 2026 BSE Limited National Stock Exchange of India Limited Phiroze Jeejeebhoy Towers, ‘Exchange Plaza’, C - 1, Block G, Dalal Street, Bandra- Kurla Complex, Mumbai- 400 001 Bandra (E), Security Code: 507580 Mumbai – 400 051 Stock Symbol: IVP Dear Sir/Madam, Subject: Outcome of Board Meeting held on November 04, 2026 In furtherance to our letter dated October 27, 2026, intimating regarding the Board Meeting to be held today i.e., November 04, 2026, and in accordance with the Regulation 30 read with Schedule III of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 (“Listing Regulations”), we would like to inform you that the Board of Directors in their Meeting held today have inter alia: 1. Approved the unaudited financial results for the quarter and half year ended September 30, 2026, along with limited review report issued by the Auditors M/s. Rajendra & Co., Chartered Accountants. 2. On Recommendation of the Nomination & Remuneration Committee, approved the appointment of Mr. Deepak Kumar Jajodia (DIN: 06502272) as an Additional director (Non- Executive, Non-Independent) with effect from November 04, 2026. The appointment is subject to the approval of shareholders. 3. Approved the Notice of Postal Ballot for the appointment of Mr. Deepak Kumar Jajodia (DIN: 06502272) as Non-Executive, Non- Independent Director of the Company. 4. Took on record the request received from Mr. Rajkumar Lekhwani (DIN:10652214) conveying his intention to step down from the position of Director of the Company and Chairman of the Board of Directors and of the Company with effect from closing of the business hours on November 04, 2026, and resultantly stepping down from all the positions held in respective committees of the Board. IVP LIMITED Regd. Office : Shashikant N. Redij Marg, Ghorupdeo, Mumbai - 400 033 Tel. : +91-22- 3507 5360 Email : ivp@ivpindia.com Website : www.ivpindia.com CIN : L74999MH1929PLC001503 5. Designated Mr. Ranjeev Lodha (DIN: 07478890), Non-Executive, Independent Director of the Company, as Chairman of the Board and of the Company with effect from November 04, 2026. The details as required under Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 read with SEBI Master circular HO/49/14/14(7)2025-CFD POD2/I/3762/2026 dated January 30, 2026 is enclosed as Annexure A to this letter. The Meeting commenced at 12:30 P.M. and concluded at 3:45 P. M. This is for your information and records. Thanking you, Yours faithfully, For IVP Limited Jay R Mehta Company Secretary & Compliance Officer Encl: SEBI Master circular HO/49/14/14(7)2025-CFD POD2/I/3762/2026 dated January 30, 2026. RAJENDRA &.. CO. CHARTERED ACCOUNTANTS 1311 Da/amal Tower 2/1 Nariman Point Mumbai 400021 Tel: 6630 6735 E-mail: contact@rajendraco.com Independent Auditors' Limited Review Report on Quarterly and Half year ended September 30, 2026 on Unaudited Financial Results of IVP LIMITED Pursuant to Regulations 33 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, as amended The Board of Directors of IVP LIMITED 1. We have reviewed the accompanying Statement of Unaudited Financial Results of IVP 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 Obligations and Disclosure Requirements) Regulations, 2015 (''the Regulations"), as amended, read with SEBI Circular No. CIR/CFD/FAC/62/2016 dated 5th July 2016 (''the Circular''). 2. The preparation of the Statement in accordance with the recognition and measurement principles laid down in Indian Accounting Standard 34, Interim Financial Reporting (Ind AS 34) prescribed under Section 133 of the Companies Act, 2013 read with Rule 3 of Companies (Indian Accounting Standards) Rules, 2015 and the Circular, which is the responsibility of the Company's management and approved by the Board of Directors. 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 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 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 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 applicable Indian Accounting Standards (Ind AS) specified under section 133 of the Companies Act, 2013 read with relevant rules issued there under and other recognized accounting practices and principles generally accepted in India, 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, read with SEBI Circular No. OR/CFD/FAC/62/2016 dated 5th July 2016, including the manner in which it is to be disclosed, or that it contains any material misstatement. For Rajendra & Co. Chartered Accountants Firm Registration No 108355W llPage IVP LIMITED CIN:L74999MH1929PLC001503 Regd. Office : Shashikant N. Redij Marg, Ghorupdeo, Mumbai - 400 033 Tel : +91-22-35075360, Email : ivpsecretarial@ivpindia.com, Website : www.ivpindia.com STATEMENT OF UNAUDITED FINANCIAL RESULTS FOR THE QUARTER AND HALF-YEAR ENDED SEPTEMBER 30, 2026 - ..,.. -- (t in lakhs, except EPS) Q_uarj:e_r Ended Half-Year Endea Year Ended " - -- Particulars - - ---, ,, 3 U0 n.0 a9 u. d2 it0 e2 d6 , 3 U0 n.0 a6 u. d2 i0 te2 d6 _ U30 n;0 a9 u. d2 i0 te-2 d5 3 U0 n.0 a9 u. d2 i0 te2 d6 3 U0 r. i0 a9 u. a2 l0 te2 d5 , 31 A, u0 d3 i. t2 e0 d2 6 I Revenue from operations 17,168 15,473 14,695 32,641 28,514 59,455 JI Ot-ier income 89 109 89 198 195 428 III Tc,tal income (I+II) 17,257 15,582 14 784 32,839 28,709 59 883 IV ElOenses: {c) Cost of Materials Consumed 13,579 12,966 11,698 26,545 22,975 46,323 (t) Purchases of Stock-in-Trade - - - - 7 7 (c) Changes in Inventories of Finished Goods, Work-in-Progress and Stock-in-Trade 515 (1,779) 37 (1,264) 24 838 (c) Employee Benefits Expense 659 625 542 1,284 1,090 2,307 (E) Finance Costs 176 138 219 314 430 737 (fl Depreciation and Amortisation Expense 155 154 150 309 300 601 ((:) Other Expenses 1,546 1,602 1,608 3,148 3,183 6,510 Tctal expenses 16,630 13,706 14,254 30,336 28,009 57,323 V Tctal profit before exceptional items and tax (III-IV) 627 1,876 530 2,503 700 2,560 VI Eiceptional Items (Refer Note No.4) - - - - - 46 VII Profit before tax (V-VI) 627 1,876 530 2,503 700 2,514 VIII Ta>< expenses/(credit): , a) Current Tax 174 500 158 674 252 768 , b) Tax in respect of earlier year - - (3) - - (7) , c) Deferred Tax {12) (26) (25) (38) (71) (115) Tctal tax expenses 162 474 130 636 181 646 IX Profit for the period (VII-VIII) 465 1,402 400 1,867 519 1,868 X Other comprehensive income A. Items that will not be reclassified subsequently to Profit and Loss i. Remeasurement [Gain/(Loss)] on the Defined Benefit Plans (7) 1 (24) (6) (20) (2) ii. Income Tax on (i) above 1 (0) 6 1 5 l B. Items that will be reclassified [Showing first 8,000 characters — download PDF for full document]