Outcome of Board Meeting held on 4th November, 2026

Date: 04th November, 2026 The General Manager, Department of Corporate Services BSE Limited, Phirozen Jeejeebhoy Towers, Dalal Street, Mumbai - 400001, Scrip Code: 544509 BSE Symbol: KRUPALU Subject: Outcome of Board Meeting pursuant to Regulation 30 of SEBI (Listing Obligation & Disclosure Requirements) Regulation, 2015. Reference: Submission of Unaudited Financial Results for the Half year ended 30th September, 2026 pursuant to Regulation 33 of SEBI (Listing Obligation & Disclosure Requirements) Regulation, 2015 Dear Sir/Madam, Pursuant to Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, it is hereby informed that the Board of Directors at their meeting held today i.e. Wednesday, 4th November, 2026 at Registered Office of the company situated at Plot No 4345, GIDC Phase-III, Dared Udhyognagar, Jamnagar, Gujarat, India-361009, has inter-alia: Considered and approved the Unaudited Financial Results (Standalone and Consolidated) of the Company for the Half Year ended on 30th September, 2026. A copy of the said Unaudited Financial Results along with the Limited Review Report from the statuary auditor pursuant to the provisions of Regulation 33(3) of the SEBI Listing Regulations is annexed herewith. The meeting of the Board of Directors commenced at 3:30 p.m. and concluded at 04:30 p.m. This is for your information and record. Thanking you. For and on behalf of Krupalu Metals Limited Jagdish Parsottambhai Katariya Managing Director DIN: 02513353 Enclosed: As Above SUNIT M CHHATBAR & CO Gokul, Govind nagar St No 4, Gandhigram, Rajkot - 360007 E-Mail - Chhatbar.sunit@gmail.com Mo. 9033927693 Independent Auditor's Review Report on Standalone Unaudited Financial Results for the six months ended 30th September 2026 of the Company Pursuant to the Regulation 33 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, as amended Review Report to The Board of Directors KRUPALU METALS LIMITED We have reviewed the accompanying Statement of Standalone Unaudited Financial Results ("Statement") of KRUPALU METALS LIMITED (Formerly known as KRUPALU METALS PRIVATE LIMITED) for the six months ended 30th September 2026 ("the Statement") attached herewith, being submitted by the Company pursuant to the requirements of Regulation 33 of the SEBI (Listing Obligations and Disclosure Requirements) Regulation, 2015 (the "Regulation") as amended, including relevant circulars issued by the SEBI from time to time. This statement, which is the responsibility of the Company's Management and approved by the Board of Directors, has been prepared in accordance with the generally accepted accounting principles in India ("GAAP") and in compliance with the applicable Accounting Standard as prescribed under Section 133 of the Companies Act, 2013 read with relevant rules issued thereunder. Our responsibility is to express a conclusion on the Statement based on our review. We conducted our review of the Statement in accordance with the Standard on Review Engagement (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 statements are free of material misstatements. 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 the Standards on Auditing specified under section 143(10) of the Act, and consequently, does not enable us to obtain assurance that we CA SUNIT M CHHATBAR & CO Gokul, Govind nagar St No 4, Gandhigram, Rajkot - 360007 E-Mail - Chhatbar.sunit@gmail.com Mo. 9033927693 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 generally accepted accounting principles in India ("GAAP") and in compliance with the applicable Accounting Standard as specified under section 133 of the Companies Act, 2013 as amended, read with relevant rules issued thereunder and other recognized accounting practices and policies has not disclosed the information required to be disclosed in terms of the Regulation, read with Circular, including the manner in which it is to be disclosed, or that it contains any material misstatement For, SUNIT M CHHATBAR & CO. Chartered Accountants(cid:9) rr: FRN: 141068W GAAHArei m. tr,6225 FIRNMWAI • CA SUNIT M CHHATBAR Proprietor CitSIPEDAcci M. No. 166095 UDIN: 26166095GWNYV64816 PLACE: Rajkot DATE: 04/11/2026 KRUPALU METALS LIMITED (Previously known as KRUPALU METALS PRIVATE LIMITED) CIN- L27205GJ2009PLC056265 PLOT NO 4345, GIDC PHASE-III, DARED UDHYOGNAGAR, NA, JAMNAGAR- 361009, GUJARAT STATEMENT OF STANDALONE UNAUDITED FINANCIAL RESULTS FOR THE SIX MONTHS ENDED 30 SEPTEMBER 2026 (All amounts in ₹ lacs, unless stated otherwise) Previous year Six months ended Sl.No Particulars ended 30.09.2026 31.03.2026 30.09.2025 31.03.2026 (Unaudited) (Audited) (Unaudited) (Audited) 1 Income a) Revenue from operations 6,275.44 4,277.06 1 ,948.72 6,225.78 b) Other income 1.02 1.06 - 1.06 Total income 6,276.46 4,278.13 1 ,948.72 6,226.84 2 Expenses a) Cost of Material Consumed 6 ,132.64 3,803.05 2 ,158.95 5 ,962.00 b) Changes in inventories of stock in trade ( 448.13) (186.08) ( 395.89) ( 581.97) c) Employee benefits expense 9 4.43 36.90 1 2.54 4 9.44 d) Finance costs 5 9.45 36.06 3 3.45 6 9.52 e) Depreciation and amortisation expense 1 0.04 7.87 7.68 1 5.55 f) Other expenses 4 2.98 162.91 1 60.62 3 23.53 Total expenses 5,891.41 3,860.71 1,977.36 5,838.07 3 Profit/(loss) before exceptional item, extraordinary item & tax (1-2) 385.05 417.42 (28.64) 388.77 4 Exceptional/Extraordinary Items - - - 5 Profit/(loss) before tax (3-4) 385.05 417.42 (28.64) 388.77 6 Tax expense (a) Current Tax 97.45 100.95 - 100.95 (b) Short/Excess Provision for previous year 1 1.03 11.03 (c) Deferred Tax Expense 0.52 0.88 -0.44 0.44 7 Net Profit/(Loss) after tax (5-6) 288.12 304.55 (28.20) 277.23 8 Paid-up Equity Share Captial (Face value of Rs.10/- each) 587.20 500.01 587.20 500.01 9 Reserve & Surplus (excluding revaluation reserve) 1,812.39 1,812.39 1,215.72 1,510.67 10 Earnings per share (of Rs.10/- each) Basic (Rs.) 0.49 6.09 (0.68) 5.54 11 Earnings per share (of Rs.10/- each) Diluted (Rs.) 0.49 6.09 (0.68) 5.54 Notes:- 1 The above Financial Results were reviewed by the Audit Committee and were thereafter approved by the Board of Directors at their meeting held on 4th November, 2026. 2 TheaboveresultshavebeenpreparedinaccordancewiththerecognitionandmeasurementprinciplesofAccountingStandard("AS"),prescribedunderSection133oftheCompaniesAct,2013readwith relevant rules issued thereunder and other accounting principles generally accepted in India. 3 Statement Of Deviation Or Variation In Utilization Of Funds Raised Name of listed entity Krupalu Metals Limited Mode of Fund Raising Through Initital Public Offering Date of Raising Funds 16/09/2025 Amount Raised 1347.84 Report filed for Half year ended 30/09/2026 Monitoring Agency NA Monitoring Agency Name, if applicable NA Is there a Deviation/Variation in use of fund raised No If yes, whether the same is pursuant to change in terms of a Not Applicable If yes, Date of Unit holders Approval Not Applicable Explanation for the Deviation/Variation Not Applicable Comments of the Audit Committee after review None Set forth below are objects for which funds have been raised in the IPO and details of deviation, if any, in the following table: Modified Original Allocation Modified Allocation, Funds Utilised (in Amount of Origina [Showing first 8,000 characters — download PDF for full document]