Outcome of Board Meeting

November 06, 2026 BSE Limited National Stock Exchange of India Limited Phiroze Jeejeebhoy Towers, Exchange Plaza, 5th Floor, Plot No.C/1, G Block, Bandra Dalal Street, Fort, Kurla Complex, Bandra East, Mumbai 400 001. Mumbai 400051. Scrip Code: 524774 Symbol: NGLFINE Sub: Outcome of the Board Meeting Dated November 06, 2026 Ref : Intimation under Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015; Dear Sir/Madam, Pursuant to Regulation 30 and 33 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 (“SEBI LODR Regulations”),We wish to inform you that, the Board of Directors of the Company at their meeting held today i.e. on Friday, November 6, 2026, inter-alia considered and approved the following: 1. Unaudited Financial Results (Standalone and Consolidated) for the quarter and half year ended September, 30, 2026 pursuant to Regulation 33 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 along with Limited Review Report of the Statutory Auditors thereon. The Copy of the same is enclosed herewith. 2. Pursuant to Regulation 30 read with Para A of Part A of Schedule III of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 ("Listing Regulations"), we wish to inform you that the Board of Directors of the Company, at its meeting held today, November 6, 2026 has approved the following: Entering into Power Purchase Agreements ("PPAs") for long-term procurement of renewable energy for the Company's units in Maharashtra from (a) a proposed 3.10 MW solar power project ("SPV1") and (b) a proposed 3.60 MW wind power project ("SPV2"). Each project is to be developed by a special purpose vehicle to be incorporated by Prozeal Green Power Private Limited ("Prozeal"), for captive consumption under the Electricity Act, 2003 and the Electricity Rules, 2005. Subscription to equity shares representing 26% of the equity share capital of SPV1 (to be incorporated) and equity shares representing 22.28% of the equity share capital of SPV2 (to be incorporated), by executing Share Subscription and Shareholders' Agreements with Prozeal and the SPVs, after their incorporation. The investment will be undertaken either through pure equity share subscription, or through a hybrid of equity plus compulsorily convertible debentures (the final model is yet to be decided). The overall transaction being undertaken by the Company also involves procurement of power on behalf of Macrotech Polychem Private Limited (a fully owned subsidiary). The Company will make the investment on behalf of Macrotech Polychem Private Limited, and the plant owned and operated by Macrotech Polychem Private Limited will consume the procured electricity and make due payments for the electricity consumed. On behalf of Macrotech the amount invested by NGL is Rs. 54,00,000. Details required as per SEBI Circular No. HO/49/14/14(7)2025-CFD-POD2/I/3762/2026 dated January 30, 2026 are enclosed as Annexure - A. The meeting of the Board of Directors commenced at 4.45 p.m. and concluded at 7.15 pm. You are requested to kindly take the above information on record. Thanking you, Yours faithfully, For NGL Fine-Chem Limited Shivam Gharat Company Secretary & Compliance Officer M. No.: A56704 Encl. : As above. MANEK ASSOCIATES (6 Offi.#26185110 #31585697 shailesh.manek@gmail.com shailesh@camanek.com CHARTERED ACCOUNTANTS www.camanek.com 102,1st Floor, 47Avenue, Prarthana Samaj Road, Vile Parle (East), Mumbai -400057. SHAILESH MANEK MITTUL B. DALAL B.Com. (Hons),Grad.C.W.A.,F.CA B.Com.F.CA Cell: +9193222 26311 Cell: +918097374277 Independent Auditor's Review Report on Unaudited Quarterly Standalone Financial Results of the Company Pursuant to the Regulation 33 of the SEBI(Listing Obligations and Disclosure Requirements) Regulations, 2015 (as amended) The Board of Directors, MIs. NGL FINE-CHEM LIMITED 1. We have reviewed the acCompanying statement of unaudited standalone financial results of MIs. NGL Fine-Chem Limited ("the Company") for the quarter ended September 3D, 2026 and the year to date results for the period from pt April 2026 to 30th September 2026 attached herewith, being submitted by the Company pursuant to the requirement of Regulation 33 of SEBI (Listing Obligations and Disclosure Requirement) Regulations, 2015, as amended (the "Listing Regulations"). 2. This statement is the responsibility of the Company's Management and has been approved by the Board of Directors at their respective meeting held on 06th November, 2026 and has been prepared in accordance with the recognition and measurement principles laid down in the 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 Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015. Our responsibility isto 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 financial statements are free of material misstatement. A review of interim financial information consists of making inquiries, primarily of company personnel, applying analytical and other review procedures applied to financial data. 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 and accordingly, we do not express an audit opinion. MANEK & ASSOCIATES 4. 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 of Unaudited Financial results prepared in accordance with recognition and measurement principles laid down in the aforesaid Indian Accounting Standard ("IND AS") specified under Section 133' of the Companies Act, 2013, as amended, read with relevant rules issued thereunder and other recognized accounting principles generally accepted in India, has not disclosed the information required to be disclosed in terms of Regulation 33 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, as amended, including the manner in which it isto be disclosed, or that it contains any material misstatement. For MANEK & ASSOCIATES Chartered Accountants Firm's Registration No.:126679W (MITTUL B. DALAL) MUMBAI Partner Dated: November, 2026 Membership Number:172676 UDIN: 26172676TVNIBS9765 Y:\Data\TY 2026-2027\CORPORATE\NGL\L1MITED REVIEWREPORTS\SEP2026\FINAL\NGL-Cl-Limited_review-SEP _2026-PRINTED MANEK A~~OCIATE~ (9 Offi.#2618 5110 ... ~ #31585697 shailesh.manek@gmail.com shailesh@camanek.com CHARTERED ACCOUNTANTS www.camanek.com 102, 1stFloor, 47Avenue, Prarthana Samaj Road, Vile Parle (East), Mumbai -400057. SHAILESH MANEK MITTUL B. DALAL B.Com. (Hons), Grad. CW.A., F.C.A. B.Com. F.e.A. Cell: +919322226311 Cell: +918097374277 Independent Auditor's Review Report on Unaudited Quarterly Consolidated Financial Results of the Company Pursuant to the Regulation 33 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 (as amended) The Board of Directors, Mis. NGLFINE-CHEMLIMITED 1. We have reviewed the accompanying Statement of Consolidated Unaudited Financial Results of fv!/S. NGL FINE-CHEM LIMITED (lithe Parent") and its subsidiary M/S. MACROTECH POLYCHEMPRIVATELIMITED (the Parent and its sub [Showing first 8,000 characters — download PDF for full document]