Outcome of Board Meeting

EUROTEX INDUSTRIES AND EXPORTS LIMITED Registered Office: 1110, Raheja Chambers, 11 Floor, 213, Nariman Point, Mumbai — 400 021. Phone : (022) 6630 1404 E-Mail : eurotex@eurotexgroup.comWebsite : www.eurotexgroup.in CIN : L70200MH1987PLC042598 06™ November, 2026 The Secretary BSE Limited 1% Floor, New Trading Ring, Rotunda Building, Phiroze Jeejeebhoy Towers, Dalal Street, Fort, Mumbai - 400001 Scrip Code: 521014 (BY BSE LISTING CENTRE) The Secretary National Stock Exchange of India Limited Exchange Plaza, 5 Floor, Plot No. C/1, G Block, Bandra-Kurla Complex, Bandra (East), Mumbai - 400051 Stock Code: EUROTEXIND (BY NSE NEAPS) Dear Sir/Madam, SUB: OUTCOME OF THE BOARD MEETING HELD ON 06" NOVEMBER, 2026. We would like to inform you that the Board of Directors in their meeting held on 06™ November, 2026 has duly approved the Unaudited Financial Results of the Company for the quarter ended 30 September, 2026. As required by Regulation 30 & 33 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, we are enclosing herewith the Unaudited Financial Results along with Limited Review Report of the Company for the quarter ended 30™ September, 2026. Time of Commencement of Board Meeting: 3:00 PM Time of Conclusion of Board Meeting: 3:40 PM This is for your kind information and record. Thanking you, Yours faithfully, For EUROTEX INDUSTRIES AND EXPORTS LIMITED PRIYA AMIT MANGLANI COMPANY SECRETARY AND COMPLIANCE OFFICER Encl: As above LODHA SCO e LIMITED REVIEW REPORT Review Report to Board of Directors 1. We have reviewed the accompanying statement of unaudited financial results of Eurotex Industries and Exports Limited ("the Company") for the quarter and half-year ended 30" September, 2026 (“the Statement”) attached herewith, being submitted by the Company pursuant to the requirements of Regulations 33 of The SEBI (Listing, Obligations and Disclosure Requirements) Regulations, 2015 (‘Listing Obligations’). The statement is the responsibility of the Company's Management and has been approved by the Board of Directors. Our responsibility is to issue a report on these financial results based on our review. We conducted our review 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: Without qualifying, we draw attention to note no. 5 of the financial results in respect of wrongly demanded electricity charges amounting to Rs. 1680.26 lakhs and electricity duty on CPP generation amounting to Rs.305.54 lakhs for earlier years and that the Hon’ble Supreme Court vide its Orders dated 24™ July, 2026 and 25th March, 2026 respectively has decided against the Company. However, the Company has filed review petitions before Hon'ble Supreme Court against the said Orders on 22" August, 2026 and 24" August, 2026 respectively. The Company expects a favourable decision as per expert legal opinion obtained by the Company highlighting favourable Orders from MERC and APTEL (in the matter of electricity charges) and High Court (in the matter of electricity duty) in the earlier years in similar matters and accordingly, no liability provisioning has been considered necessary for the electricity charges and duty /interest, if any. Our opinion is not modified in respect of this matter. 1|Page LODHA &COur 4. Material Uncertainty Related to Going Concern Without qualifying, we draw your attention to note no. 3 of the financial results with respect to the fact that the financial results have been prepared on a going concern basis, which contemplates the realization of assets and the satisfaction of liabilities in the normal course of business though the entire net worth got eroded and that the operations of the manufacturing plants at Kolhapur having being discontinued since 25" March, 2019 and announcement of their closure on 30" March, 2022. The management has settled dues of lender banks (by borrowing from promoter group companies) and as explained by the management, the Company is planning to undertake the further development of available land area at Kolhapur in near future and in view of such positivities, the financial statements have been prepared on a going concern basis. Our conclusion is not modified in respect of this matter. 5. 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 Indian Accounting Standards (Ind AS) 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 read with circulars issued from time to time, including the manner in which itis to be disclosed, or that it contains any material misstatement. For Lodha & Co LLP Chartered Accountants Firm Registration No. 301051E/E300284 AM A M Hariharan . 2026.11.06 Hariharan 17:20:22 +0s30' A M Hariharan Partner Mumbai Membership No. 038323 6" November, 2026 UDIN : 26038323ULSFMI1554 2|Page EUROTEX INDUSTRIES AND EXPORTS LIMITED REGD. OFFICE : 1110, RAHEJA CHAMBERS, 11TH FLOOR, 213, NARIMAN POINT, MUMBAI - 400 021 Tel,022-66301400* Fax : 022-22044139 * E mail : eurotex@eurotexgroup.com Website : www.eurotexgroup.in CIN : L70200MH1987PLC042598 STATEMENT OF UNAUDITED FINANCIAL RESULTS FOR THE QUARTER AND HALF YEAR ENDED 30TH SEPTEMBER, 2026 (Rs. in Lakhs) 1 2 3 Mo3 n ths 3 Mo3 n ths 3 Mo5 n ths Year t6 odato | Yeart7 o date | Year t] o date ded figures for the | figures for | figures for the Ns‘; Particulars (30/C 0L 9L /2E 0 26) | (30/e 0n 6d /e 2d 0 26) | (30/E 0A 9E /E 2 025) | p (e 3r 0i /o 0d 8 /e 2n 0d 26e )d | (' 3" 0z /: 0: 0e 1' 2; 0’ 2d 5 ) (y 3e 1a 1r 0 3e 1n 2d 0e 26d ) | Unaudited Unaudited Unaudited Unaudited Unaudited Audited 2T |[ OR te hv ee r n Iu ne c f or mo em (O Rp ee fr ea rt Ni oo tns e 4 below) 77 861 ..4 058 68 553 51 . .8 2 05 0 3 366 844 ... 100 156 1 12 393 3.3 47 13 8 4 42 38 78 . .4 9 49 3 2 55 211 870 ... 18 2 13 8 3 |Total Income (1+2) 4 | ((( b c@E )) )x p C CPe o u hn s rs at ce n hs go: af e s sm ea it o ne f r iSi nta vl o es c n k tc - oo ri inn e-s sTu r om a fe d e fd i nished goods, work-in- - - . - - ) .- - -= ) -= . .z& (((( f¢d g))) OD TEo F oer tim tpo hnp ara eal ler rno ce cy i Ees e ae xxs te c pi& o eo b s nnS e t n st s ae o ef n sc si d k t - (s a n m e- o txT r opr t gea i )sd n ae s t e i on expense 14 6 9713 91 6 7. ..8 81 045 66 7 14 6 9712 0 456. . ...1 9 2007 3 789 18565 1 7223 7 .... . 0978 4 1905 7 31 1 928 53 344 22 ... .2 300 96 192 4 311 1 70 3 02 564 68 .. . 24 1 4537 7 25 222 7312 46 193 39 ... . .4430 21186 5 |Profit/ (Loss) before tax (3-4) (120.98) (139.22) 181.10 (260.20) 62.00 (215.15) 6 T|T aa xx D EE e xx f pep r ee r nn e ss d ee t ss a x expenses /(credit) ( (1 11 1. .0 05 5) ) ( (7 7. .9 95 5) ) ( (2 22 2. .7 75 5) ) (1 19 9. .0 00 0) ) ( (5 54 4. .8 81 1) ) (( 11 33 55 .. 66 66 )) | 7 |Profit/ (Loss) for the period (5-6) (109.93) (131.27) 203.85 (241.20) 116.81 (79.49 8 |Other Comprehensive Income (i) ltems that will not be reclassified to profit or loss: (a) Remeasurement of the net defined benefit (0.89) (0.88) 0.05 (1.77) 0.10 (3.54) e(li bg )b i El qit ui ie ts y/ i( na ss ts re t us m) e nts through other 849 26.52 (31.75) 35.01 15.84 (50.11) 1(© n) t oI sn lc or ce ka s ie n tin r av da el u ae t fo af i rF r ve ae lh uo el [Showing first 8,000 characters — download PDF for full document]