Outcome of Board Meeting

REGISTERED OFFICE: AJAX ENGINEERING LIMITED ~ AJAX (formerly kno wn as Ajax Engineering Private Limited) CIN: L28245KA1992PLC013306 #253/1, 11 Main, Phase III, Peenya Industrial Area, WHERE DREAMS DARE Bengaluru – 560 058, Karnataka, India. T: +91 80 67200082/83 Toll Free No.: 1-800-419-0628 E: customercare@ajax-engg.com www.ajax-engg.com Date: November 6, 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 – 400 051 BSE Scrip Code: 544356 NSE Scrip Symbol: AJAXENGG Subject: Outcome of the Board meeting - announcement under SEBI (Listing Obligations and Disclosure Requirements) Regulations 2015. Dear Sir/Ma’am, In continuation to our letter dated November 2, 2026, and pursuant to Regulation 30, 33 and other applicable provisions of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015 (“Listing Regulations”), we wish to inform you that the Board of Directors of Ajax Engineering Limited (“the Company”) at their meeting held today i.e., November 6, 2026, has inter alia, took the following decisions: 1) Considered and approved the unaudited financial results of the Company for the quarter and half year ended September 30, 2026, the limited review report issued by M/s. S. R. Batliboi and Associates LLP, Chartered Accountants, Statutory Auditors of the Company. The auditors have expressed their unmodified opinion in their limited review report on the unaudited financial results for the quarter and half year ended September 30, 2026, and the said financial results were duly reviewed and recommended by the Audit Committee at their meeting held today i.e., November 6, 2026. In view of the above, we enclose herewith in Annexure- I, Unaudited Financial Results and the Limited Review Report (LRR) for the quarter and half year ended September 30, 2026. The same will be made available on the Company’s website and will also be published in the newspapers as required under Regulation 47 read with Regulation 33 of Listing Regulations. 2) We wish to inform you that the Board of Directors of Ajax Engineering Limited (the “Company”) has recommended to the shareholders the regularisation of Mr. Shishir Joshipura (DIN: 00574970) as a Non-Executive Independent Director of the Company and has approved the issuance of a Postal Ballot Notice seeking shareholders’ approval by way of an Ordinary Resolution for his appointment. Self-Loaders Batching Plants Pumps Transit Mixers REGISTERED OFFICE: AJAX ENGINEERING LIMITED ~ AJAX (formerly kno wn as Ajax Engineering Private Limited) CIN: L28245KA1992PLC013306 #253/1, 11 Main, Phase III, Peenya Industrial Area, WHERE DREAMS DARE Bengaluru – 560 058, Karnataka, India. T: +91 80 67200082/83 Toll Free No.: 1-800-419-0628 E: customercare@ajax-engg.com www.ajax-engg.com The notice of the Postal Ballot, including other related information as required pursuant to the provisions of the Companies Act, 2013, and SEBI Listing Regulations will be published and communicated in due course. The meeting of Board of Directors commenced at 11:08 AM and concluded at 13:09 Request you to take the above intimation on your record. Thanking you, For Ajax Engineering Limited (Formerly known as Ajax Engineering Private Limited) Shruti Vishwanath Shetty Company Secretary and Compliance Officer Membership No. A33617 Self-Loaders Batching Plants Pumps Transit Mixers S.R. 8ATLIBOI & ASSOCIATES LLP 12th Floor "UB City" Canberra Block No. 24, Vittal Mallya Road Chartered Accountants Bengaluru -560 001, India Te! : +91 80 6648 9000 Independent Auditor's Review Report on the Qua1·terly and Year to Date Unaudited 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 Ajax Engineering Limited (formerly Ajax Engineering Private Limited) I. We have reviewed the accompanying statement of unaudited financial results of Ajax Engineering Limited (formerly Ajax Engineering Private Limited) (the "Company") for the quarter ended September 30, 2026 and year to date from April OI , 2026 to September 30, 2026 (the "Statement") attached herewith, being submitted by the Company pursuant to the requirements of Regulation 33 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, as amended (the "Listing Regulations"). " The Company's Management is responsible for 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 and in compliance with Regulation 33 of the Listing Regulations. The Statement has been approved by the Company's Board of Directors. 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 oflnterim 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 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') specified under Section 133 of the Companies Act, 2013 as amended, read with relevant rules issued thereunder 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. For S.R. BA TLIBO I & ASSOCIATES LLP Chartered Accountants IC Al Firm registration number: l OI 049W/ E300004 per Bharath N S Partner Membership No.: 210934 UDIN: 26210934JPAHFS2317 Place: Bengaluru Date: November 06, 2026 S,R. Batliboi & Associates LLP. a Limited Liability Partnership with LLP Identity No, AA8·4295 Regd. Office: 22, Carnac Street, Block 'B', 3rd Floor, Kolkata· 700 016 Ajax Engineering Limited (formerly Ajax Engineering Private Limited) #253: 1. 11th Main. 3rd Phase. Peenya Industrial Area. Bengaluru - 560058. Karnataka ClN: L28245KA l 992PLC0 13306 Statement of unaudited assets and liabilities as at September 30, 2026 (All amounts in Rs. 111i/lio11. exce1•t as otherwise stated) As at As at Particulars September 30, 202<, March 31, 2026 Unaudited Audited ASSETS Non-current assets Property. plant and equipment 1.402.28 1,323.76 Capital work-in-progress 284.94 349.79 Intangible assets 10.90 10.18 Right-o!~use assets 481.09 485.03 Financial assets Investments 445.98 696.80 Other financial assets 46.46 47.53 Non-current tax assds (net) 1.47 26.08 Other non-current assets 177.11 182.08 Total non-cu.rrent assets 2,850.23 3,121.25 Current assets Inventories 1,663.02 1.652.42 Financial assets Investments 10,499.90 8,820.05 Trade receivables 1,930.76 1,787.43 Cash and cash equiva [Showing first 8,000 characters — download PDF for full document]