Pursuant to Regulation 30 of the SEBI(LODR) Regulations, 2015, the outcome of the board meeting held today i.e. November 04, 2026 is attached herewith.

STEL Holdings Limited (CIN: L65993KL1990PLC005811) Regd. Office: 24/1624 Bristow Road, Willingdon Island, Cochin 682 003 Tel No.0484 2668023, 6624335 Fax: 0484 2668024 Email: secretarial@stelholdings.com, Website: www.stelholdings.com November 04, 2026 National Stock Exchange of India Limited BSE Limited Exchange Plaza, 5th Floor, Plot No. C/1, Phiroze Jeejeebhoy Towers, G- Block, Bandra – Kurla Complex, Dalal Street, Bandra (East), Mumbai – 400 001 Mumbai – 400 051 SCRIP CODE: 533316 SCRIP CODE: STEL Dear Sir/ Madam, Sub: Outcome of Board Meeting held on November 04, 2026 We wish to inform you that, pursuant to Regulations 30, 33 and other applicable provisions of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 (“SEBI LODR Regulations”), the Board of Directors of the Company, at its meeting held today, i.e., November 04, 2026, has considered, approved the Unaudited Financial Results of the Company, both Standalone and Consolidated basis, for the quarter and half-year ended September 30, 2026, of the financial year 2026–27 and took note of the Limited Review Reports issued by the Statutory Auditors of the Company. A copy of the aforesaid Financial Results, along with the Limited Review Reports issued by the Statutory Auditors of the Company, is enclosed herewith for your information and records. The meeting of the Board of Directors commenced at 2:30 p.m. (IST) and concluded at 5:45 p.m. (IST). Kindly take the above on record. Thanking you. Yours faithfully, For STEL Holdings Limited Sruthi Sindhu Company Secretary & Compliance Officer Encl: a/a Independent Auditor’s Review Report on the Quarterly Unaudited Standalone Financial Results of the Company pursuant to Regulation 33 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 (as amended) Review Report to The Board of Directors STEL Holdings Ltd. 1. We have reviewed the accompanying statement of unaudited standalone financial results of STEL Holdings Ltd., (‘the Company’), P.O. Box 502, Bristow Road, Willingdon Island, Cochin - 682 003; for the quarter ended September 30, 2026 (‘the Statement’) attached herewith, being submitted by the Company pursuant to requirements of Regulation 33 of the SEBI (Listing Obligation and Disclosure Requirements) Regulations, 2015 (‘the Regulations’) as amended, read with SEBI Circular No. CIR/CFD/CMD1/44/2019 dated March 29, 2019 (‘the Circular’). 2. The preparation of the Statement in accordance with the recognition and measurement principles laid down in Indian Accounting Standard 34 (“Ind AS 34”) “Interim Financial Reporting” prescribed under Section 133 of the Companies Act, 2013, as amended, read with relevant rules issued thereunder and other accounting principles generally accepted in India, read with the Circular is the responsibility of the Company’s Management and has been approved by the Board of Directors of the Company. 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. This standard requires that we plan and perform the review to obtain moderate assurance as to whether the Statement is free of material misstatement. 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 above, nothing has come to our notice that causes us to believe that the accompanying Statement prepared in accordance with recognition and measurement principles laid down in the applicable Indian Accounting Standards (‘Ind AS’) specified under Section 133 of the Companies Act, 2013 as amended, read with the 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 the Circular, including the manner in which it is to be disclosed, or that it contains any material misstatement. For G. Joseph & Associates Chartered Accountants Firm Regn. No. 006310S George S Nettady Partner M. No. 271968 UDIN: 26271968AQHJZO9980 Cochin, November 4, 2026 37/2038, First Floor, Tel : +91 484 2207411 / 2207433 Muttathil Lane Kadavanthra, Fax : +91 484 2207499 Cochin - 682 020, Kerala Email : mail@gja.co.in Web : gja.co.in STEL Holdings Limited CIN: L65993KL1990PLC005811 Regd. Office : 24/1624, Bristow Road, Willingdon Island, Cochin - 682003, Kerala. Email: secretarial@stelholdings.com Website : www.stelholdings.com UNAUDITED BALANCE SHEET AS AT SEPTEMBER 30, 2026 Rs in Lacs SL NO PARTICULARS STANDALONE As at Sept As at March 30, 2026 31, 2026 Unaudited Audited I. ASSETS 1 FINANCIAL ASSETS a. Cash and cash equivalents 15.36 0.08 b. Bank balances other than cash and cash equivalents 1,509.81 237.51 c. Receivables (I) Trade receivables (II) Other receivables c. Investments 1,73,375.62 1,71,002.84 d. Other financial assets 26.42 15.23 2 NON-FINANCIAL ASSETS a. Current tax Assets /(liabilities) (net) 5.27 b. Property, plant and equipment 64.43 66.36 c. Other intangible assets 0.07 0.09 d. Other non-financial assets 0.73 1.44 Total Assets 1,74,992.44 1,71,328.82 II LIABILITIES AND EQUITY A. LIABILITIES 1 FINANCIAL LIABILITIES a. Trade Payables (i) total outstanding dues of micro enterprises and - 0.53 small enterprises (ii) total outstanding dues of creditors other than 0.06 0.18 micro enterprises and small enterprises b. Other financial liabilities 2.12 7.34 NON-FINANCIAL LIABILITIES a. Provisions 217.71 - b. Current tax liabilities (Net) - c. Deferred tax liabilities (Net) 10,849.65 10,358.63 d. Other non-financial liabilities 0.52 1.29 B. EQUITY a. Equity share capital 1,845.54 1,845.54 b. Other equity 1,62,076.84 1,59,115.31 Total liabilities 1,74,992.44 1,71,328.82 STEL Holdings Limited CIN: L65993KL1990PLC005811 Regd. Office : 24/1624, Bristow Road, Willingdon Island, Cochin - 682003, Kerala. Email: secretarial@stelholdings.com Website : www.stelholdings.com UNAUDITED FINANCIAL RESULTS FOR THE QUARTER AND HALF YEAR ENDED SEPTEMBER 30, 2026 Rs in Lacs STANDALONE Quarter Ended For the six months ended Year Ended Particulars Sept 30, 2026 June 30, 2026 Sept 30, 2025 Sept 30, 2026 Sept 30, 2025 March 31, 2026 Unaudited Unaudited Unaudited Unaudited Unaudited Audited Interest Income 8.72 2.81 49.01 11.53 96.01 108.85 Dividend Income 2,630.50 - 857.67 2,630.50 857.67 2,553.18 Net gain on fair value changes 11.98 6 .98 19.87 18.96 43.61 81.18 Revenue from operations (I) 2,651.20 9 .79 926.55 2,660.99 997.29 2,743.21 Total Income(I+II) 2,651.20 9 .79 926.55 2,660.99 997.29 2,743.21 Expenditure a. Cost of materials consumed - - - - - - b. Purchases of stock-in-trade - - - - - - c. Changes in inventories of finished goods, - - - - - - work-in-progress and stock-in-trade d. Employee benefits expense 2.94 2 .73 6.32 5.67 9.58 20.67 e. Depreciation and amortisation expense 0.99 0.98 1.10 1.97 2.23 4.53 f. Provisions & Contingencies - - - - - - g. Finance cost - - - - - - h. Other expenses 15.25 18.21 11.57 33.46 30.41 53.11 Total Expenditure 19.18 21.92 18.99 41.10 42.22 78.30 Profit from Ordinary Activities before tax 2,632.02 (12.13) 907.56 2,619.89 955.07 2,664.91 Provision for current tax 662.44 - 228.42 662.44 240.39 677.64 Income tax relating to previous years - - - - - 0.21 Provision for deferred tax 2.55 0.82 13.33 3.37 38.15 0 .62 Net Profit/(Loss) for the period 1967 [Showing first 8,000 characters — download PDF for full document]