Outcome of Board Meeting

5th November, 2026 To, To, National Stock Exchange of India Ltd BSE Limited Exchange Plaza, 5th Floor, 1st Floor, New Trading Ring, Plot No. C/1, G block, Rotunda Building, Bandra-Kurla Complex, Phiroze Jeejeebhoy Towers, Bandra (E), Mumbai 400051. Dalal Street, Mumbai 400001. Scrip ID - HPAL Scrip Code – 543433 Sub : Outcome of the Board Meeting and disclosure under Regulation 30 read with Schedule III of the Securities and Exchange Board of India (Listing Obligation and Disclosure Requirements) Regulations, 2015 (“Listing Regulations”). Dear Sir/Madam, We refer to our letter dated 1st November, 2026 intimating you about the meeting of the Board of Directors (“Board”) of HP Adhesives Limited (“the Company”) to be held on Thursday, 5th November, 2026. We now inform you that the Board at its meeting held today, inter-alia, considered and approved the Un-audited Standalone and Consolidated Financial Results of the Company for the quarter and half year ended 30th September, 2026. Pursuant to Regulation 33 of the SEBI Listing Regulations, please see enclosed Unaudited Standalone and Consolidated Financial Results together with the Auditor's Limited Review Report thereon. This information is also being uploaded on the website of the Company i.e. www.hpadhesives.com under the Investor relations section. The Meeting of the Board of Directors commenced at 03.30 P.M. (IST) and concluded at 7.25 P.M. (IST). We request you to take the above on record. Thanking you. For HP Adhesives Limited Anjana Haresh Motwani Chairperson & Executive Director DIN: 02650184 Independent Auditor’s Review Report on the Quarterly and Year to Date Unaudited Consolidated Financial Results 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 HP Adhesives Limited 1. We have reviewed the accompanying statement of Unaudited Consolidated Financial Results of HP Adhesives Limited (hereinafter referred to as the "Holding Company") and its Subsidiary, as stated in Para 4 below, (the Holding company and its Subsidiary together referred to as “the Group”) and its share of profit for the quarter ended September 30, 2026 and year to date from April 01, 2026 to September 30, 2026 (the "Statement") attached herewith, being submitted by the Holding Company pursuant to the requirements of Regulation 33 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, as amended (the "Listing Regulations"). 2. This statement, which is the responsibility of the Holding Company's management and has been approved by the Holding Company's Board of Directors, has been prepared 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 (the Act), read with relevant rules issued thereunder (Ind AS 34) and other recognised accounting principles generally accepted in India and is in compliance with Regulations. 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 specified under section 143(10) of the Act 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. We also performed procedures in accordance with the circular issued by the Securities and Exchange Board of India under Regulation 33(8) of the Regulations. 4. The Statement includes the results of the following entities: a. HP Adhesives Limited - Holding Company b. Unitybond Solutions Private Limited (CIN-U20295MH2025PTC423378) - (A wholly owned Subsidary Company) [This space is intentionally left blank] 5. Based on our review conducted and procedures performed as stated in paragraph 3 above, nothing has come to our attention that causes us to believe that the accompanying Statement, prepared in accordance with the recognition and measurement principles laid down in the aforesaid Indian Accounting Standards (‘Ind AS’) 34 and other accounting principles generally accepted in India, has not disclosed the information required to be disclosed in terms of the Listing Regulations, including the manner in which it is to be disclosed, or that it contains any material misstatement. 6. The accompanying Statement includes the unaudited interim financial results and other financial information, in respect of (one) subsidiary, whose financial results and other financial information, without giving effect to the elimination of intra-group transactions reflect, Group's share of total assets of INR 278.04 Lakhs as at September 30, 2026, total revenues of INR 46.35 Lakhs and INR 84.99 Lakhs, total net profit after tax of INR 4.82 Lakhs and INR (2.13) Lakhs, total comprehensive income of INR 4.82 Lakhs and INR (2.13) Lakhs, for the quarter ended September 30, 2026 and period ended September 2026, on that date as considered in the statement which have been reviewed by us.. Our conclusion on the Statement is not modified in respect of this matter. For Priya Choudhary & Associates LLP Chartered Accountants FRN 011506C/C400307 VAIBHAV CHOUDHARY (Partner) M No: 407543 Place: Bhilwara (Raj.) Date: 05/11/2026 UDIN: 26407543DMPFOY2262 STATEMENT OF UNAUDITED CONSOLIDATED FINANCIAL RESULTS FOR THE QUARTER AND HALF YEAR ENDED 30.09.26 (₹ in Lakh unless otherwise stated) S. Particulars Quarter Ended Half Year Ended Year Ended No. 30.09.26 30.06.26 30.09.25 30.09.26 30.09.25 31.03.26 (Unaudited) (Unaudited) (Unaudited) (Unaudited) (Unaudited) (Audited) 1 INCOME Revenue from operations 7,592.83 6 ,341.65 6,506.03 13,934.48 13,116.52 2 4,927.52 Other income 35.88 106.42 84.00 142.30 193.75 3 59.72 Total Income 7,628.71 6 ,448.07 6,590.03 14,076.78 13,310.27 2 5,287.24 2 EXPENSES Cost of Material Consumed 5,494.60 3 ,623.16 3,701.77 9,117.77 6,579.02 1 1,767.75 Purchases of stock-in-trade 1,025.35 1 ,539.57 653.65 2,564.92 1,560.33 3,654.58 Changes in inventories of finished goods (including stock-in-trade) and (1,284.88) ( 950.51) (456.93) ( 2,235.39) (6.30) (32.46) work-in-progress Employee benefits expenses 9 83.46 976.96 989.54 1,960.42 1,938.53 3,995.14 Finance costs 1 24.81 8 0.52 62.96 205.33 127.45 2 66.58 Depreciation and amortisation expense 1 29.50 127.38 145.48 256.88 286.54 5 82.84 Other expenses 1,081.64 1 ,186.39 981.15 2,268.03 1,755.10 4,234.13 Total Expenses 7,554.48 6 ,583.47 6,077.62 14,137.96 12,240.67 2 4,468.56 3 Profit / (Loss) before Exceptional items and tax for the period/year (1-2) 74.23 ( 135.40) 512.40 ( 61.18) 1,069.60 8 18.68 4 Exceptional items - - (32.34) - ( 32.34) (80.98) 5 Profit / (Loss) before tax (PBT) for the year/period (3+4) 74.23 ( 135.40) 480.07 ( 61.18) 1 ,037.26 737.70 6 Tax expense Current tax (Net) - - (116.41) - (243.34) (193.21) Deferred tax (52.34) 4 4.85 (10.29) (7.49) ( 19.67) 1 54.71 Income Tax Excess/(Short) Provision of previous year 6.60 - - 6 .60 (1.50) ( 1.50) Total Tax Expense (45.74) 4 4.85 (126.70) (0.89) (264.51) (40.00) 7 Profit after Tax (PAT) for the period/year (5-6) 28.49 (90.55) 3 53.37 ( 62.07) 772.74 6 97.70 8 Other comprehensive income A Items that will not be re [Showing first 8,000 characters — download PDF for full document]