Outcome of Board Meeting dated 4th November, 2026.

IELLIMITED Reg. Off. - Office No: 53, 6th Floor, Sanidhya Complex, Near Devnandan Mall, Opp. Sanyas Ashram, Nehru Bridge, Ashram Road, Ahmedabad - 380006, Gujarat, INDIA. Phone: +91 7801937978 Website: www.iellimited.com. E-mail: iellimitedamd@gmai1.com CIN - L15140GJ1956PLC124644 04th November 2026 The Department of Corporate Services BSE Limited Phiroze Jeejeebboy Tower Dalal Street, Mumbai - 400001 Ref: IEL LIMITED BSE SCRIP CODE: 524614 SYMBOL: INDXTRA Sub: OUTCOME OF BOARD MEETING AND SUBMISSION OF UN-AUDITED STANDALONE FINANCIAL RESULTS OF THE COMPANY FOR THE OUARTER AND HALF YEAR ENDED 30TH SEPTEMBER 2026. Dear Sir IMadam, In continuation of our letter dated 24th October 2026 and Pursuant to Regulation 30 and 33 of the SEBI (Listing Obligations and Disclosures Requirements) Regulations, 2015 as amended from time to time, we wish to inform that the Board of Directors of the Company at their meeting held today i.e., Wednesday, 4th November 2026 have inter alia considered, transacted and approved the following matters: 1. Financial Results: Approved the Un-Audited Standalone Financial Results of the Company for the Quarter and Half Year ended on 30th September 2026 along with the Limited Review Report issued by the Statutory Auditors Mis Maark & Associates, Chartered Accountants (FRN: 145 153W) which have been duly reviewed and recommended by the Audit Committee. In this regard, we are enclosing herewith: (a) Limited Review Report on Un-Audited Standalone Financial Results for the Quarter and Half Year ended 30th September 2026 issued by the Statutory Auditors, Mis Maark & Associates, Chartered Accountants (FRN: 145153W). (b) A copy of Un-Audited Standalone Financial Results of the Company for the Quarter and Half Year ended 30th September 2026. The results will be available on the website of the Stock Exchange on the link www.bseindia.com and also on the website of the Company www.iellimited.com. The Board meeting commenced at 03:00 PM 1ST and concluded at 03:45 PM 1ST. Thanking you, For IEL Limited Ajay B. Gupta Managing Director DIN - 07542693 Enclosed: Ala MAARK & ASSOCIATES CHARTERED ACCOUNTANTS Independent Auditor's Review Report on the Quarterly and Half Year-to-Date Unaudited Financial Results of the Company Pursuant to the Regulations 33 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, as amended Review Report to The Board of Directors IEL Limited 1. We have reviewed the accompanying statement of Unaudited financial results of IEL Limited (the "Company"), for the Quarter & Half Year ended 30th September, 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, as amended (the Listing Regulations"). 2. This Statement, which is the responsibility of the Company's Management and approved by the Company's Board of Directors, has been prepared 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 theCompanies Act, 2013, and other accounting principles generally accepted in India and in compliance with Regulation 33 of the Listing Regulations. Our responsibility is to issue a report on the financial 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 Interim Financial Information Performed by the Independent Auditor of the Entity", issued by the Institute of Chartered Accountants of India. 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 is limited primarily to inquiries of company personnel and analytical procedures applied to financial data and thus provides less assurance than an audit. We have not performed an audit and accordingly, we do not express an audit opinion. 4. Based on our review conducted as above, nothing has come to our attention that causes us to believe that the accompanying statement of unaudited financial results prepared in accordance with applicable accounting standards and other recogni:wd accounting practices and poliCies has not disclosed the informalion required to be disclosed in terms of Regulation 33 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 including the matmer in which it is to be disclosed, or that it contains any material misstatement. Page 1 of 2 ® 807, I.Ji\1IMA "lower, Beside Infinity Mall, 1\1indspacc, J\luhul (W), i\1umbai -4110 (164. 8 +91 2249726641 (9 +91 8976982742 ® ('a(a camaark.com @ n\\\\',cam:Ull k.Cf)lll MAARK & ASSOCIATES CHARTERED ACCOUNTANTS 5. Other Matter Balances of Loans & Advances, Trade Receivables and Trade Payables are subject to Management Confirmation. For and on behalf of MAARK & Associates Chartered Accountants FRN: 145153W Manish Agarwal Partner Membership No. 612103 Place: Mumbai Date: 04.11.2026 UDIN: 26612103YYIZRC7914 Page 2 012 @807.I.JMJ:\IAToner, Beside Infillit) '1ull. ;\lindsJ1l1cl.', Malad (W). i\lumhlll-400 064. 4j +91 2249726641 0 +91 8976982742 CD cara camullrk.cum @ \\\\\\.camaark.coJII IEL LIMITED R~ orr. -Office No 53, 61h Floor, ~nldhYo' Complex. Neilf oevnandan Mall, opp. S:.Iny. . s A5hr.l!n, Nehru Br1dlt, Ash .... m Road, EJlisbrld&e, Ahmedilbad-380006, Gul_rat Phone: 079-40026095 Website: www.leUndla.In.,E-mall:I.llhnIlHamd.vnaILcom CIN· L1S140CJl956PLCt246• • 01. ofh. ." , ~ fllrM Quarterended lIalrVnrEnded Veilrended Sr.No. PartJcula~ 30.09.2026 30.06.2026 30.09.2025 f~~:~9~!:::1 30.09.202 .5 . 3f~'~'~~~~16 I. ."conle rrom Oueratlons fal Re~nuetTOm Ow. .... llons 50.00 50.00 , 97.00 (bIOlherl...:o. ... 38.16 0.17 38.76 40.15 , Tol<lllnCome 88.76 0.17 88.76 5.19 1:17.14 b-uenses ral Cost of M3terlalf Consumed (b) Purch~ orSlodI-ln-Too. lei Chanita In InvenwriHotFlnlshed lOOd.s.. Wol1l·ln'PI'OI!l"eQ and StodIln Trade (dl Emolovfl8eneflg EXDeIlMl 0.57 0.57 0.57 1.14 .•. 14 5.8" rltl Fll\:lnoe (wI <. . 0.07 0.10 0.13 0.21 7.44 In 00!IIr..,131101l. 0.0111:$011 and AmortlAUon ExpenH 0.52 0.52 0.52 1.04 I." 2.07 , Tfl ol tO at l h E~ x.r . E .,x np s~e .n H. 65 .. 65 93 1 11 2. .1 36 '2 11 32 .. 645 4 11 '16 .. 06 09 . 91 21 :6 1.9 .79 19 1S 1: .H 1 3 • Total Pronl/(I.oss) befor~ Prior P~rold Items (6.681 ,.« (13.471 69.76 (87.09) 26.111 , f'rlor Pf:rold lIem, ,1.0..,0s9 ) (0.0'11 ,S Total Pronlffl.oss) before £Xceollonallt~m$ and tall 16.68) (13.41) 69.61 • (81.09) 26.01 , .:lIfef)tlonallt~ml , Total I'romIfI.0$5) before Tax f6.68} 16.35 03.47) 69.67 187.09) 26m TalIl:tlcpelt5er CurrenlTa. 119.091 11'.1.(9) 16.491 10 Deferred,.... (0.12\ (0.121 10.121 10.25) 10.25) (0.s0) " Pre\'IOliS Short\l:tlccess of""l1 10.s7) ." ". T No etl a ml oT va ell E ex np e Inn s Re us ulatorv Deferred Account BHliincu relat.ed ((O 6. .81 12 )j (1 59 7.2 .11 41 111 30 .. 51 '.2 11 1L 59 0.3 .34 31 (81 70 .. 32 45 1) 1 17 8.5 .46 6) to Profit or Lou lind oOIl!r related deferred tax movement Hel I'ront/fl.o$51 for the IIertod from ConUnUlnl Operation, 16.81) S7.14 113,S9) SO.33 IU7.34) 11;1.46 IS pmntlf~l from dlKontlnued ooratlon before Ul( " Tn hpense of dlKOntlnued ODeratlonJ " Net prunt/fL.o~sl from dl'flnUnlled fll)erationSlinertax " Sh~r~ ufPl'Ofit/fl..ou) of.ssoclate, lind lolnt Venlure, Accounled , ". Tfo or bu ls ll 'n r! o! . m:O ln (i lI .Y .o sM s~ l l fh oo r d u erlod 16.811 57,14 (l3.S9) SO.33 187.34) 'SA' Other Comprehenslye Inrome nel oI""xes " Tullli Comprehensive Illcome for Ihe period " Tutal Pronl or Loss aUrlbutlble 10 (6.811 57.14 (13.5'.1) 50.3] (87.14) 1ll.46 Profit or Lou atrlbutable 10 owner o( oartnt Tooll ProI1tor Loss. attributable lO lIOn oontroUlnltlnttrau " Tolal Com~r~,",n'ln Income fort ... pertocl altrlbutable to (6.81) 57,14 (1J.59) 50.13 (07.34) 18.16 Comorellenslve Income for the period aUributab [Showing first 8,000 characters — download PDF for full document]