Outcome of Board Meeting

Ref: SEC/VDL/2026/018 November 05, 2026 BSE Limited National Stock Exchange of India Limited 20th Floor, P.J. Towers Exchange Plaza, C-1, Block G Dalal Street Bandra Kurla Complex, Bandra (E) Mumbai – 400001 Mumbai – 400051 Scrip Code: 544923 Scrip Symbol: VEEGALAND Dear Sir/Madam, Sub: Outcome of Board Meeting held on November 05, 2026 and various disclosures under SEBI (Listing Obligations and Disclosures Requirements) Regulations, 2015 (SEBI Listing Regulations) Pursuant to Regulation 33 and 30 read with Schedule III of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 (“SEBI Listing Regulations”), we hereby inform you that the Board of Directors of the Company, at its meeting held today, i.e., November 05, 2026, inter-alia, considered and approved the Unaudited Standalone Financial Results of the Company for the quarter and half year ended September 30, 2026. The Financial Results and Statutory Auditor’s Limited Review Reports thereon are enclosed. The Board meeting commenced at 11.00 A.M. and concluded at 2:30 P.M. The above disclosure is also being made available on the website of the Company at https://www.veegaland.com/ Kindly take the same on record. Thank You, For Veegaland Developers Limited Akshay Anand T S Company Secretary & Compliance Officer Membership No: A70026 Veegaland Developers Limited (Formerly known as Veegaland Developers Private Limited) Registered Office: XXXV/564, 4th Floor, K C F Tower, BMC Road, Kakkanadu, Thrikkakara, Ernakulam – 682 021 Email ID: cs@veegaland.in Phone: 0484 - 2584004 CIN: L45201KL2007PLC021107 www.veegaland.com %;r-r* 'V;.*r* Chaftered Accountants Independent Auditorrs Limited Review Report on Unaudlted Finaneial Results of Veegaland Developers Limited forthe quarter euded 30 September2026 and year to date results forthe period from 0l Lpr'n2026 to 30 September 2026 pursuant to Regulation 33 of Securities and Exchange Boafd of India (Listing Obligatiom and Dlsclosure Requirements) Regulations, 2015, as amended To the Board of Directors of Veegaland Developers Limited @omerly Veegaland Developers Private Limited) We have reviewed tle accompanying Statement of Unaudited Financial Results of Veegaland Developers Limited (hereinafter referred to as "the Company") for the quarter ended 30 September 2026 ard year to date results for the period from 01 April 2026 to 30 September 2026 ("the Statemenf') being submitted by the Company pursuant to the requirements ofRegulation 33 ofthe Securities and Exchange Board oflndia (Listing Obligations and Disclosure Requirements) Regulations, 2015, as amended (the "Listing Regulations"). This Statement, which is the responsibility of the Company's management and approved by its Board of Directors, has been prepared in accordance with the recognition and measureme t principles laid down in Ifldiar Accomting Staadard 34 'lnterim Financial Reporting" C'Ind AS 34"), prescribed under Section 133 of the Companies Act, 2013, as amended, read with relevant rules issued tlereunder and otier accounting principles generally accepted tn India and in compliance with Regulation 33 ofthe Listing Regulations. 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 Engagements (SRE) 24 1 0 "Review of Interim Financial Information Perlormed by the Independent Auditor of the Entity", issued by the Institute of Chartered Accountants of India. This standard requires that we pla.n and perform the review to obtain moderate assurarce as to whetier dle Statement is free ofmaterial misstatement. A review ofinterim frnancial infonnation consists of making inquiries, primarily of persons responsible for fmancial 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 signiflcant matters that might be identi{ied in arr audit. Accordingly, we do not express an audit opinion. 1 Based on our review conducted as above, nothing has come to our attention that causes us to believe that the accompanying Statement, prepar€d in accordance with the recognition and measurement principles laid down in the aforesaid Indian Accounting Standard specifred undel Section i33 of the Companies AcL 2013 as amended, read with relevant rules issued thereunder and other accounting principles generally accepted in Indi4 has not disclosed the information required to be disclosed in terms of Regulation 33 of the Listing Regulations, including the manner in which it is to be disclosed, or that it contains any material misstatement. For varma & Varma Place; Kochi Chartered Accountants Date:05.11.2026 FiIm Regisffation No. 004532s UDIN: 26203094KTYCI{V1572 A & Vijay Na Partner Membership Number: 203094 t(! c 111- 19 l*'rlii, VEEGALAND DEVELOPERS LIMITED (Fo.merly known as Veegal,and DeveLope6 Private Limlted) CIN: L452O, |(L20O7PLC,O21 1 07 Registered Office:XXXV/564, 4th Faoor, K C F Tower, Bharat Matha Cotlege Road, Kakkanad, Thrikkakara, Ernakulam, Kerala, lndia, STATEMENT OF UNAUDITED FINANCIAL RESULTS FORTHE QUARTERAND HALF YEAR ENDED 30 SEPIEMbET 2026 in Lakhs st. Particulars Forlhe three months end6d For six months ended For theyear No ended 30-Sep-26 30-Jun-26 30-Sep-25 30-Sep-26 30-Sep-25 31-Mar-26 (Unaudited) (Unaudited) (Audited)l5l (Unaudited) (Audited) (Audited) 1 lncome Revenue f rom Operations 10,634.29 7,432.18 8,265.69 1a,066.47 12,415.85 25,097.62 Other lncome 129.76 47.78 372.55 97 -94 318.33 TotaI lncome 10,477.O4 7,561.94 8,313.47 18,ili}g.02 12,513.79 25,415.95 2 Expenses Operating Cost 6,497.39 4,764.87 6,965.32 11,266.26 9,375.58 24,968.06 Changes in lnventories 849.25 563.84 (887.s3) 1,413.13 .364.24) (6,882.97) Emptoyee Benefits Expense 273.44 221.88 170.92 495.32 342.40 766.38 Finance Costs 107.74 110.17 128.52 217.91 57'l.60 Depreciation and Amortisation Expense 23.90 22.16 '14.95 46.06 28-75 Other Expenses 978.78 576.12 ?43.17 1,554.90 1,224.49 2,300.26 Total Expenses 4,730.54 6,263.04 7,1-7-5---35 14,993.58 10,946.40 21,795.62 ----- 3 Profit Before Tax (1-2) 2,146.54 ,,298.90 1,134.12 3,445.44 'r,567.39 3,620.33 4Tax Expense Currenttax 454.00 306.s0 285.80 760.50 393.01 aa1 .14 Deferred tax 93.74 20.08 21.10 21.44 '11.'13 TotalTax Expense 547.74 326.58 306.S0 T 474.32 414.45 958.87 5 Profit forthe period/ year (3-4) 1,598.80 972,32 831.22 2,571.12 1,15.2.54 2,661.46 6 Other Comprehensive lncome/ (Loss) Items that wittnot be rectassilied to prorit or Loss Re-Measurements ofthe Defined Benefit Ptan (6.17) (31.51) (6.17) {31.51) (21.16) lncomeTax retatingto itemsthatwitt not be 7.93 1.55 7.93 recLassified to Protit or Loss Items thatwilt be rectassilied to profit or toss Other comprehensive income forthe period/ (4.62) (23.58) (4.62) (23.58) (1s.83) year net of tax fl 7 Total Comprohensive lncomG for the period,/ 1,594.18 972.32 ao7.64 2,s66.50 1,128.96 2,645.63 year (5+6) 8 Paid-ul, EquityShare Capitat(face Vatue of Rs. 4,875.00 3,375.00 3,375.00 4,875.00 3,375.00 3,375.00 loaach) Reserves (Other Equity) 23,315.02 10 Earnings per equity share (Face vatue of Rs. 10 per share) (not annual.iged excapt for the year ended 31 March 2026) (a) Basic (Rs.) 4.46 2.AA 2.aa 734 4.24 8.71 (b) Dituted (Rs.) 4.46 2.aa 7.38 4.24 4.77 KOCHI 682021 l*qliti,t VEEGALAND DEVELOPERS LIHITED (form€rty known as Vecgatand Oevelopers p.ivate Limiied) CIN: 145201 XL2O07PLC021 1 07 Bogistered Oftice:xxxv/564, 4th Floor, xC F Tower, Bharat Matha CotteSe Boad, kakkanad, Thrikkakara, Ernakulam, Kerata, tndia,6a2o2i UNAUDITED STATEMENT OF ASSETS AND LIABILITIES (BALANCE SHEEIIAS AT30 September 2026 Rs in st. Particulars As at As at NO 30-Sep-26 31-Mar-26 (Unaudited) (Audited) A. Assets 1 Noh-Current Assets (a) Property, Ptant and Equipment 2,273.23 2,255.30 (b) Other lntangibte Ass [Showing first 8,000 characters — download PDF for full document]