BSEResult6d ago · 5 Nov 2026, 07:11 pm

Please find enclosed herewith Unaudited Financial Results for the Second Quarter and Half-Year ended on 30.09.2026 along with Limited Review Report.

CHL Ltd · 532992

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CHL Ltd has released unaudited financial results for the second quarter and half-year ended on 30.09.2026. The results have been taken on record in the Board Meeting held on 05.11.2026, along with a Limited Review Report (Standalone and Consolidated) pursuant to the Listing Regulations. The company has a pending litigation with EXIM Bank, which has been settled through a One Time Settlement (OTS) for an amount of Rs 34 million. The OTS has expired on 30.09.2026, and the company has requested EXIM Bank to further extend the OTS, but it has not been extended till the date of signing the report.

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Earnings Impact5/10
Growth Catalyst2/10
Governance Concern8/10
Regulatory Risk6/10
Balance Sheet Risk4/10
Liquidity Impact7/10
Market Sentiment5/10

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CHL Ltd - 532992 - Un-Audited Financial Results As On 30Th September, 2026

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CHL LIMITED CIN : L55101DL1979PLC0004%8 Rogd. Offce: Hotel The Suryaa, Community Centre, New Frends Colory, New Delh- 110025 E-mal: cs@chlcoin Websie: wwwkchlcoin T +91-11.2683.5070, 4760-8080 F 911128836286, 4780-8081 The Asstt. General Manager 05" November 2026 Bombay Stock Exchange Limited 25" Floor, P J Towers Dalal Street Mumbai 400 001 SCRIP CODE 532992 Sub: Un-audited Financial Results as on 30" September, 2026 Dear Sir, Please find enclosed herewith Unaudited Financial Results for the Second Quarter and Half-Year ended on 30" September, 2026 which has been taken on record in the Board Meeting held on 05.11.2026 along with Limited Review Report (Standalone and Consolidated) pursuant to the Listing Regulations. Thanking You Yours faithfully For CHL Limited Ayush Rai Company Secretary & Compliance Officer M.No. A61075 The Suryaa New Delhi — (A Unit of CHL Limited) / | 1S0 220 ‘0 w0: w2 w0 1 h8 e sC uE rR yT aI aF .I cE oD m m}Y[mAT D G A & Co. CHARTERED ACCOUNTANTS Flat No. 49, Kala Vihar Apartments, Mayur Vihar Phase | DELHI - 110091 Phone: 9811140013 E mail: devkagarwal@rediffmail.com Independent Auditor’s Limited Review Report on Standalone Unaudited Quarterly Financial Results of the Company pursuant to the Regulation 33 of the SEBI(Listing Obligations and Disclosure Requirements) Regulation, 2015(as amended) To the Board of Directors of CHL Limited We have reviewed the accompanying statement of standalone unaudited financial results (the Statement) of CHL Limited (the Company) for the Quarter ended on 30 September, 2026 and the year-to-date results for the period 01.04.2026 to 30.09.2026, being submitted by the company pursuant to the requirements of Regulation 33 of the SEBI (Listing Obligations and Disclosure Requirements) Regulation, 2015(as amended), including relevant circulars issued by the SEBI from time to time. This statement is the responsibility of the Company’s Management and has been approved by the Board of Directors and has been prepared in accordance with the recognition and measurement principles laid down in IAS 34, Interim Financial Reporting (IND AS 34), prescribed under section 133 of the companies Act, 2013 (the Act), SEBI Circular CIR/CDF/FAC/62/2016 dated 05.07.2016, and other accounting principles generally accepted in India. Our responsibility is to express a conclusion on these financial statements based on our review. 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 provide less assurance than an audit. We have not performed an audit and accordingly, we do not express an audit opinion. Emphasis of Matter We draw attention to note no. 5 to the accompanying Statement, the loan from EXIM Bank availed by CHL International, a subsidiary of the company, for which the company is a guarantor, is a matter of litigation and cases have been filed by the EXIM Bank against the company which are currently pending adjudication in Hon’ble Supreme Court of India and Debt Recovery Tribunal, Delhi. However, the EXIM Bank, the Principal Borrower and the Guarantors have entered into One Time Settlement for an amount of Rs 34 million vide Exim Bank Approval letter dated 23.11.2023 and vide judgement dated 12.12.2023 in Case No. 52/2023, the Economic Court of Dushanbe has crystalized the liability against the borrowers/ guarantors to USD 34 Million. On the request of company, the OTS has been extended from time to time but has its last extension has expired on 30.09.2026. The company has requested EXIM Bank to further extend the OTS but the same is not extended till the date of signing our report. Page 1 0f 2 The EXIM Bank on the basis of above One Time Settlement, has also filed separate applications in the Pending Original Applications being Transfer Application No. 221 of 2022 titled as EXIM Bank vs Dr. Lalit Kumar Malhotra and Transfer Application No. 224 of 2022 titled as EXIM Bank vs CHL Limited before Debt Recovery Tribunal-lil, filed against the Personal and Corporate Guarantors respectively, thereby bringing on record that settlement is under implementation. Beside above, EXIM Bank's Civil Appeal bearing No. 1671 of 2019 is pending before Hon’ble Supreme Court of India, challenging the judgement dated 16.01.2019 passed by the National Company Law Appellate Tribunal (NCLAT), New Delhi, upholding the decision of Hon’ble NCLT, Delhi, of dismissing the petition u/s 7 of IBC, 2016, of the EXIM Bank. QOur conclusion on the Statement is not modified in respect of this matter. 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 recognized accounting practices and policies has not disclosed the information required to be disclosed in terms of Regulation 33 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 including the manner in which it is to be disclosed, or that it contains any material misstatement. ForDGA&Co Chartered Accountants FRN; 003486N D K Agarwal, FCA, Partner Membership No.080355 DIN No.: 26080355VFRROH6077 Place: New Delhi Date: 05.11.2026 Page 2 of 2 D G A & Co. CHARTERED ACCOUNTANTS Flat No. 49, Kala Vihar Apartments, Mayur Vihar Phase | DELHI - 110091 Phone: 9811140013 E mail: devkagarwal@rediffmail.com Independent Auditor’s Limited Review Report on Consolidated Unaudited Quarterly Financial Results of the Company pursuant to the Regulation 33 of the SEBI(Listing Obligations and Disclosure Requirements) Regulation, 2015(as amended) To the Board of Directors of CHL Limited 1. We have reviewed the accompanying statement of consolidated unaudited financial results (the Statement) of CHL Limited (“the Parent”) and its subsidiary (the Parent Company and its subsidiary together referred to as “the Group”) for the Quarter ended on 30% September, 2026 and the year to date results for the period 01.04.2026 to 30.09.2026, being submitted by the parent pursuant to the requirements of Regulation 33 of the SEBI (Listing Obligations and Disclosure Requirements) Regulation, 2015(as amended), including relevant circulars issued by the SEBI from time to time. 2. This statement is the responsibility of the Parent Company’s Management and has been approved by the Board of Directors and has been prepared in accordance with the recognition and measurement principles laid down in IAS 34, Interim Financial Reporting (IND AS 34), prescribed under section 133 of the companies Act, 2013 (the Act), SEBI Circular CIR/CDF/FAC/62/2016 dated 05.07.2016, and other accounting principles generally accepted in India. Our responsibility is to express a conclusion on these 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 provide less assurance than an audit. We have not performed an audit and accordingly, we do not express an audit opinion. We also performed procedures in accordance with the circulars issued by the SEBI und [Showing first 8,000 characters — download PDF for full document]