Outcome of Board Meeting

Date: 5th November, 2026 To, To, BSE Limited National Stock Exchange of India Ltd P J Towers, Dalal Street, Exchange Plaza, Bandra Kurla Complex, Fort, Mumbai – 400001 Bandra (East), Mumbai – 400051 Scrip Code: 544821 Trading Symbol: KUSUMGAR Dear Sir/Madam, Pursuant to Regulations 30 and 33(3) of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 (“SEBI Listing Regulations”), this is to inform that the Board of Directors of the Company, at its meeting held today, has, inter alia, 1. Based on recommendation of the Audit Committee, approved the Unaudited Standalone & Consolidated Financial Results for the Quarter and Half-year ended September 30, 2026 along with the Limited Review Report, which is with unmodified opinion, and are annexed herewith as Annexure-A 2. Approved the execution of a non-binding term sheet with Certoplast Holding GmbH (“Certoplast”) for setting up a Joint Venture (“JV”) in India for manufacturing of tapes, subject to signing of definitive agreements, receipt of applicable statutory approvals and completion of customary conditions precedent. Details as required under Regulation 30 read with Part A of Schedule III of the SEBI Listing Regulations and SEBI Circular No. HO/49/14/14(7)2025-CFDPOD2/ I/3762/2026 dated January 30, 2026, are annexed herewith as Annexure-B. The meeting of the Board of Directors of the Company commenced at 5.05 p.m. and concluded at 5.35 p.m. Request you to kindly acknowledge and take the same on record. Thanking you. Yours faithfully, For Kusumgar Limited (Formerly known as Kusumgar Private Limited) Devanand Parshottam Mojidra Company Secretary and Compliance Officer Annexure-A MSKA & Associates LLP 602, Floor6, RahelTitanium WesternExpressHighway,Geetanjali (Formerly known as M S KA &Associates) RailwayColony, RamNagar, Goregaon (E) CharteredAccountants Mumbai400063, INDIA Tel: +91 2269740200 Independent Auditor's Review Report on Standalone unaudited financial results of Kusumgar Limited for the quarter and year to date pursuant to the Regulation 33 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, .2015, asamended. ToThe Board of DirectorsofKusumgarLimited 1. We have reviewed the accompanying statement of standaloneunaudited financial results of Kusumgar Limited (hereinafter referred to as 'the Company') forthe quarter ended September 30, 2026 and the year to-date results for the period from April 01, 2026 to September 30, 2026 ('the Statement') attached herewith, being submitted by the Company pursuant to the requirements of Regulation 33 of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015, as amended ('the Regulations'). Attention is drawn to the fact that the standalone figures for the corresponding quarter ended September 30, 2025 and the corresponding year-to-date from April 01, 2025 to September 30, 2025, as reported in these financial results have been approved by thecompany's Board of Directors, buthave not beensubjected to review by us. 2. This Statement, which is the responsibility of the Company's Management and has been approved by the Company's Board of Directors, has been prepared in accordance with the recognition and measurement principles laid down in Indian Accounting Standard 34 'Interim Financial Reporting', prescribed under Section 133 of the Companies Act, 2013 ('the Act') read with relevant rules issued thereunder ('lnd AS 34') and other recognised accounting principles generally accepted in India and is in compliance with the Regulations. Our responsibility is to express a conclusion on the Statement based onourreview. 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. A review of interim financial information consists of making inquiries, primary 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 ofall significant matters that might be identified in an audit. Accordingly, we do not express an audit opinion. RegisteredOffice:602,RahejaTitanium,wesuemExpressHighway,Goregaon(East),Mumbai400063,Maharashtra,India Tel:+91 2269740200ILLPIN:ACT-3789 Ahmedabad I Bengaluru I Chandigarh I Chennai I Coimbatore I Goa I Gurugram I Hyderabad I Kochi I Kolkata I Pune www.mskain MSKA & Associates LLP (Formerly known as M S KA &Associates) Chartered Accountants 4. Based on our review conducted as stated in paragraph 3 above, nothing hascome to our attention that causes us to believe that the accompanyingStatement prepared in accordance with the recognitionand measurement principles laid down in Ind AS 34 and other recognised accounting principles generally accepted in India has not disclosed the information required to be disclosed in terms of the Regulations, including the manner in which it is to be disclosed, or that it contains any material misstatement. ForMS KA & Associates LLP (Formerlyknown asMS KA &Associates) Chartered Accountants ICAI Firm Registration No.105047W/W101187 Digitallysignedby Amrish AmrishAnupVaidya An up VaidyaDate:2026.11.05 18:00:08+05'30' AmrishVaidya Partner Membership No.: 101739 UDIN: 26101739TFPUBI4559 Place: Mumbai Date: November05, 2026 RegisteredOficez602,RahelTitanium,WesterEzqaressHighway,Goregaon(East),Mumbai-400063,Maharashtra,India Tel:+91 2269740200ILLPIN:ACT-3789 Ahmedabad I Bengaluru I Chandigarh l Chennai I Coimbatore I Goa I Gurugram I Hyderabad l Kochi I Kolkata l Pune www.mska.in Hufumgor KusumgarLimited CIN:L65990MH1990PLC05687 Regd.Office:101,Nanjushree,V.M.Road,CornerofN.s.RoadNo.5,JVPDScheme,vilePar1e(W),Mumbai,Maharashtra,India,400056 Phone:91(22)61125139,Email:info@kusumgar.com,Website:www.kusumgar.com STATEMENTOFUNAUDITEDSTANDALONEFINANCIALRESULTSFORTHEQUARTERANDSIXMONTHSENDED30SEPTEMBER2026 (Allamountin/NRmillions,unlessoMerwisesorted) QuarterEnded SixmonthsEnded YearEnded Sr.No. Particulars 3 (0 US ne ap ud2 i0 te2 d6 3 (0 UJ nu an ue di2 te0 d2 )6 (r(s eUo fn es a re u np d oiz t teo ed2 3)5 3 (U0 ns ae up d-z itc ez de (r( eU3 f0 n e~ a rS u ne d cp i xt2 e z0 d 32 ) )5 31M (Aa ur dc lnh e-2 d0 )26 INCOME I Revenuefromoperations 2,399.18 2,419.12 1.221.99 4,a1e.3o 2,471.57 6,757.06 II Otherincorne 48.51 16.74 23.07 65.25 63.02 207.92 ill Totalincome(I+II) 2,447.69 2,435.86 1245.06 4883.55 2,534.59 6,964.98 IV Expenses a) Costofmaterialsconsumed 1,292.35 1,070.51 590.03 2,362.86 1,178.48 3,216.94 b) Changesininventoriesoffinishedgoods&semifinishedgoods (Z2B.30) (19947) (11149) (427.77) (184.54) ($22.07) c) Employeebenefitsexpense 220,69 200.39 199.84 421.us 403.96 855.69 U) Financecosts 53.84 61.69 65.15 115.53 t37.32 258.55 e) Depredationandamortizationexpense 128.00 125,07 107.32 253.07 112.43 457.66 f) Otherexpenses 535.79 611,68 294.14 1,147.47 630.80 1,503.35 Totaleaqaenses(IV) z,002.37 1,869.87 1,145.99 3,872.24 2,378.45 5,773.42 v Profitbeforetax(Ill.lV) 445.32 565.99 99.07 1,011.31 156.14 1,191.56 VI Income:axexpense a) Currenttax 107.24 171.96 10.50 279.20 24.06 305.14 b) (Excess)pelvisionfortaxrelatingtoprioryears (0.44) (0.44) c) Deferredtaxexpenses/(credlt) 6.50 (24.58) 1.4G (1e.oe 2.80 5.60 TotalIncome:axexpense(VI) 113,74 147.38 11.90 261.12 26.42 310.30 VII ProfitforthePeriod/Year(V VI) 331.58 418.61 87.17 750.19 129.72 881.26 VIII OthercomprehenslveIncome hemsthatwillnotbereclassifiedtoprofitorloss a) Remeasurementgainofnetdeanedbenefitliability 2.07 2.07 2.07 4.14 4.14 8.29 D) GainonFVTOCIequityinvestments 4.52 c) Incometaxeffectonabove (0.52) (0.52) (0.52) (1.04) (104) (LN) OthercomprehensiveIncomefortheperiod/ [Showing first 8,000 characters — download PDF for full document]