General Updates

VLEG/C&L/2026 27/25 4th November, 2026 BSE Limited, National Stock Exchange of India Limited, Department of Corporate Relationship Department of Corporate Relationship Phiroze Jeejeebhoy Towers, Exchange Plaza, C 1, Block G, Dalal Street, Fort, Bandra Kurla Complex, Bandra (East), Mumbai – 400001 Mumbai – 400051 BSE Scrip Code: 543958 NSE Symbol: VLEGOV Sub: RESULTS PERFORMANCE UPDATE PRESENTATION – “Q2 FY2026 27 RESULTS UPDATE” Dear Sir/Madam, With reference to the captioned subject and pursuant to Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, please find attached herewith VL E Governance & IT Solutions Limited “Q2 FY2026 27 RESULTS UPDATE” investor/analyst presentation with respect to Financial Results for the Quarter and half year ended 30th September, 2026 considered in the Board Meeting of the Company held on 4th November, 2026. We hereby request you to take the above information on record. Thanking You, Yours Sincerely, For VL E Governance & IT Solutions Limited Parth Solanki Company Secretary Encl.: As above VL E-GOVERNANCE & IT SOLUTIONS LIMITED Q2 FY2026-27 RESULTS UPDATE November 4, 2026 DISCLAIMER This presentation has been prepared by VL E-Governance & IT Solutions Limited (“VL E-Governance” or the “Company”) solely for your information and for your use and may not be taken away, reproduced, redistributed or passed on, directly or indirectly, to any other person (whether within or outside your organization or firm) or published in whole or in part, for any purpose. By attending this presentation, you are agreeing to be bound by the foregoing restrictions and to maintain absolute confidentiality regarding the information disclosed in these materials. The information contained in this presentation does not constitute or form any part of any offer, invitation or recommendation to purchase or subscribe for any securities in any jurisdiction, and neither the issue of the information nor anything contained herein shall form the basis of, or be relied upon in connection with, any contract or commitment on the part of any person to proceed with any transaction. The information contained in these materials has not been independently verified. No representation or warranty, express or implied, is made and no reliance should be placed on the accuracy, fairness or completeness of the information presented or contained in these materials. Any forward-looking statements in this presentation are subject to risks and uncertainties that could cause actual results to differ materially from those that may be inferred to being expressed in, or implied by, such statements. Such forward-looking statements are not indicative or guarantees of future performance. Any forward-looking statements, projections and industry data made by third parties included in this presentation are not adopted by the Company and the Company is not responsible for such third-party statements and projections. This presentation may not be all inclusive and may not contain all of the information that you may consider material. The information presented or contained in these materials is subject to change without notice and its accuracy is not guaranteed. Neither the Company nor any of its affiliates, advisers or representatives accepts liability whatsoever for any loss howsoever arising from any information presented or contained in these materials. THIS PRESENTATION IS NOT AN OFFER OF SECURITIES FOR SALE IN THE INDIA OR ELSEWHERE. TABLE OF CONTENTS Results Performance Update 04 Business Strategy Update 07 Company Overview 13 Board of Directors 24 RESULTS PERFORMANCE UPDATE RESULTS PERFORMANCE - FINANCIAL STATEMENTS KEY PROFIT & LOSS STATEMENT ITEMS Particulars (Rs. in Lakhs) Q2 FY2026-27 Q2 FY2025-26 QoQ% H1 FY2026-27 H1 FY2025-26 QoQ% FY2025-26 Revenue from Operations - 325.19 (100.00)% 64.90 1,148.89 (94.35)% 1,715.43 Total Income 2.05 330.63 (99.38)% 69.70 1,192.05 (94.15)% 1,766.01 Total Expenses 54.64 382.37 (85.71)% 179.11 1,173.51 (84.74)% 1,876.25 EBIDTA (49.98) (48.31) 3.46% (104.22) 25.12 (514.89)% (96.66) Exceptional Item - - - - - - Profit before Tax (PBT) (52.59) (51.74) 1.64% (109.41) 18.34 (696.56)% (110.24) Tax Expenses 0.20 0.64 (68.75)% 0.74 1.30 (43.08)% 2.83 Profit after Tax (PAT) (52.79) (52.38) 0.78% (110.15) 17.04 (746.42)% (113.07) KEY BALANCE SHEET ITEMS Particulars (Rs. in Lakhs) H1 FY2026-27 FY2025-26 Particulars (Rs. in Lakhs) H1 FY2026-27 FY2025-26 Fixed Assets 206.76 234.95 Net Worth 4,346.15 4,456.61 Other Non-Current Assets 4,003.25 4,003.25 Share Capital 10,845.13 10,845.13 Investments 14.88 13.69 Other Equity (6,495.68) (6,388.52) Trade Receivables 116.00 116.00 Total Debt - - Cash & Cash Equivalents 2.57 203.82 Long Term Debt - - Other Current Assets 256.78 148.11 Less: Trade Payables - 1.09 Short Term Debt - - Less: Other Current Liabilities 248.33 257.42 Other Non-Current Liabilities 5.44 4.70 Net Current Assets 141.89 223.11 Total Sources of Funds 4,351.88 4,461.31 Total Application of Funds 4,351.90 4461.31 RESULTS PERFORMANCE UPDATE KEY RESULTS PERFORMANCE UPDATE • Q-2 FY2026-27 Results : • The Company continues to focus on operational efficiency and disciplined cost management. During the quarter, total expenses stood at ₹54.64 lakhs, reflecting a reduction from ₹59.57 lakhs in the corresponding comparative period. On a half-yearly basis, expenses reduced to ₹114.21 lakhs from ₹124.83 lakhs. These cost- control measures demonstrate the Company’s continued efforts to optimise its cost structure and strengthen operational resilience, reflecting continued focus on operational efficiency and financial performance. • Going forward, we are actively exploring new business opportunities in the Government’s e-Governance initiatives, which are expected to drive significant revenue growth in the upcoming quarters. • We continue to remain a debt-free organization, providing a robust financial foundation to support our expansion plans and long-term sustainability. Our long- term vision is anchored in scalable growth, sustainable development, and a continued commitment to nation-building and digital empowerment. • In May 2025, the Company has signed the MoU with Ekansh Concepts under which VL E-Governance will act as the EPC Partner for the Sankalp Industrial Smart City Project. Our role as the EPC Partner has commenced and started generating revenue from this engagement. As the project scales up, we anticipate a significant increase in both revenue and profitability in the coming quarters. • The Company is exploring and evaluating the Business design, develop, manufacture or promote high-tech projects/products in the field of infrastructure, renewable energy, electronics, software, hardware and aeronautical system required for Aviation, Aerospace, Defense and Satellite projects. The Company is evaluating such business interests either through acquisition or JV opportunity. • The company has over the years built vast experience and strong execution capabilities to execute large scale field level Government projects. • The company shall leverage this experience and plans to Bid for New upcoming large scale Government projects, thereby enabling strong future growth roadmap. • The Government is implementing nationwide various e-Governance projects including ‘Unique Land Parcel Identification Number (ULPIN)’, ‘Aadhaar Integration with Land Records’, ‘National Geospatial Knowledge-Based Land Survey of Urban Habitations (NAKSHA)’ under Land record digitalization mission (DILRMP), ‘PM e-Drive EV Charging Station Operator (CPO)’ and ‘Solar Power Project Implementation’ project. The Company is evaluating these projects and planning to participate in the same. BUSINESS STRATEGY UPDATE BUSINESS STRATEGY UPDATE VL E-GOVERNANCE BUSINESS STRATEGY : KEY FOCUS AREAS INFRASTRUCTURE & RENEWABLE E-GOVERNANCE SECTOR IT/ITES SECTOR ENERGY • Strong Credentials & Project • Strong Credentials & Proven • To execute infrastructure [Showing first 8,000 characters — download PDF for full document]