1. Approved the Un-Audited Financial Statements (Standalone & Consolidated) along with Limited Review Report (Standalone & Consolidated) of the Company for the quarter and half year ended September 30, 2026, prepared in accordance with Ind AS

ASIAN STAR November 04, 2026 BSE Limited, Corporate Relationship Department P.J Towers, Dalal Street, Fort, Mumbai — 400 001 Scrip Code: 531847/ Scrip Id: ASTAR Dear Sir/Madam, Sub: Outcome of Board Meeting of the Company held on Wednesday November 04, 2026 Pursuant to requirement of Regulation 30 read with Regulation 33 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, kindly note that the Board of Directors of the Company at its meeting held today i.e Wednesday, November 04, 2026 have inter alia approved the following agenda items: 1. Approved the Un-Audited Financial Statements (Standalone & Consolidated) along with Limited Review Report (Standalone & Consolidated) of the Company for the quarter and half year ended September 30, 2026, prepared in accordance with Ind AS. The Meeting of Board of Directors commenced at 02.30 PM and concluded at 04:30 P.M. Kindly take the above information on record. Yours faithfully, For Asian Star Company Limited Arvind T. Shah CFO & Wholetime Director DIN: 00004720 Asian Star Company Ltd., 114, Mittal Court - C, Nariman Point, Mumbai - 400 021, India. CIN: L36910MH1995PLC086017 T.+912262444111 E.info@asianstargroup.com wwwasianstargroup.com e, FO V A PARIKH & ASSOCIATES LLP Heena Gandhi, CPA e CHARTERED ACCOUNTANTS : o 6, Backbay View,3-A M. P. Marg, Opera House, Mumbai 400004 Siddhi Sanghavi, FCA Tel: (91)-22-31805534 / 35423092 / 23648541 Charmi Savia, ACA Website www.vaparikh.in Parshuram Khorate, ACA Krupali Mehta, ACA INDEPENDENT AUDITOR’S REVIEW REPORT ON REVIEW OF INTERIM CONSOLIDATED FINANCIAL RESULTS TO THE BOARD OF DIRECTORS OF ASIAN STAR COMPANY LIMITED 1. We have reviewed the accompanying Statement of Unaudited Consolidated Financial Results of ASIAN STAR COMPANY LIMITED (“Parent”) and its subsidiaries (the Parent and its subsidiaries together referred to as “the Group”), for the quarter ended September 30, 2026 (“the Statement”) being submitted by the Parent pursuant to the requirement of Regulation 33 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, as amended. 2. This Statement, which is the responsibility of the Parent’s Management and approved by the Parent’s Board of Directors, has been prepared in accordance with the recognition and measurement principles laid down in the Indian Accounting Standard 34 “Interim Financial Reporting” (“Ind AS 34”), prescribed under Section 133 of the Companies Act, 2013 read with relevant rules issued thereunder and other accounting principles generally accepted in India. 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 (ICAI). A review of interim financial information consists of making inquiries, primarily of Parent's personnel 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 identified 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(8) of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, as amended, to the extent applicable. 4. The Statement includes the results of the following entities: Asian Star Company Limited, Asian Star DMCC, Asian Star Hong Kong (Trading) Ltd., Asian Star Company Limited (New York), Shah Manufacturers and Ratnanjali Infra LLP. 5. Based on our review conducted and procedures performed as stated in paragraph 3 above, and based on consideration of the review reports of the other auditors referred in paragraph 6. below;.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 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, or that it contains any material misstatement. 6. We did not review the interim financial statements/ financial information/financial results of three subsidiaries included in the unaudited consolidated financial results, whose interim financial statements/financial information/financial results reflect total assets of Rs. 66,923 lacs as at September 30, 2026, total revenues of Rs. 29,792 lacs for the period 1.4.2026 to 30.09.2026 & Rs. 15,489 lacs for the quarter ended September 30, 2026 and total net profit after tax of Rs. 298 lacs for the period 1.4.2026 to 30.09.2026 & Rs. 244 lacs for the quarter ended September 30, 2026 and total comprehensive income/ (loss) of Rs. (50) lacs the period 1.4.2026 to 30.09.2026 & Rs. (95) lacs for the quarter ended September 30, 2026, as considered in the Statement. The Consolidated financial results also include the Group’s share of net profit/ (loss) of Rs. Nil in respect of 1 joint venture, whose financial statements have not been reviewed by us. It also includes results of 1 Joint Controlled Entity, which has been reviewed by us. The interim financial information which have been reviewed by other auditors whose reports have been furnished to us by the Management and our conclusion on the Statement, in so far as it relates to the amounts and disclosures included in respect of these subsidiaries and joint venture, is based solely on the reports of the other auditors and the procedures performed by us as stated in paragraph 3 above. Our conclusion on the Statement is not modified in respect of these matters. For V. A. Parikh & Associates LLP Chartered Accountants FRNo.: 112787W/W100073 Nirav R. Parikh Partner Membership Number : 121674 Place : Mumbai Date : 4™ November, 2026 UDIN: 26121674GZZOKK4637 ESTD?‘\€1971 ASIAN STAR UNAUDITED FINANCIAL RESULTS FOR THE QUARTER ENDED SEPTEMBER 30, 2026 Part | (Rs. in Lacs) Consolidated sr. ) Quarter ended Six Months ended Year ended No. |Particulars 30.09.2026 30.06.2026 30.09.2055 30.09.2026 | 30.09.2025 | 31.03.20%6 Unaudited Unaudited Unaudited Unaudited | Unaudited | _ Audited 4 |Income from Operations (@) Net Sales/Income from Operations 60,408.87 63,830.64 75,940.44 1,24239.51 | 1,47,594.88 | 2,88,200.51 (b) Other Income 1,028.00 91142 (6.01) 1939.42 | 11243 | 213682 Total income from operations (net) 61,436.87 64,742.06 75,934.43 1,26,178.93 | 1,48,727.31| 2,90,337.33 2 |Expenditure a. Cost of Materials Consumed / Purchase of 53,160.14 49,215.04 66,656.67 1,02,375.18 | 1,35,443.93 | 2,36,873.93 Traded Goods b. Changes in Inventories of Finished Goods, WIP (3,904.37) 3,072.30 (5,182.00) ©32.07)| (16,393.41)| 3,135.53 and Stock - In - Trade <. Processing Charges 5,579.84 5,986.85 7,636.71 11,566.69 | 1554374 | 25,013.40 4. Employee Benefits expense 2,535.48 2,558.62 2,5%9.22 509410 | 492042 | 10,043.06 e. Finance Costs 457.10 519.71 665.47 976.81 13926 | 2,555.74 . Depreciation Expense 254.28 245.52 241.56 499.80 47687 9%4.77 5. Other Expenditure 1,595.91 1,657.54 1,843.88 325345 | 346100 | 675314 Total Expenses 59,678.38 63,255.58 74,401.51 1,22,933.9 | 1,44,848.81 | 2,85,339.57 3 [Profit/(Loss) from ordinary activities after Finance 1,758.49 1,486.48 1,532.92 306497 | 387850 | 4997.76 (Cost but before Exceptional Items (1-2) 4 |Exceptional items Income/ (Loss) 2 . f - - 5 |Profit/(Loss) from ordinary activities [Showing first 8,000 characters — download PDF for full document]