Please find attached herewith Un-Audited Financial Results for the quarter/ half year ended 30.09.2026.

(@) | Vardhman VARDHMAN HOLDINGS LIMITED = Delivering Excellence. Since 1965. CHANDIGARH ROAD Vardhman LUDHIANA-141010, PUNJAB T: +91-161-2228943-48 F: +91-0161-2601048 E: secretarial.lud@vardhman.com Ref.VHL:SCY:NOV:2026-27 Dated: 10.11.2026 BSE Limited, Nati onal Stock Exchange of India Limited, New Trading Ring, “Exchange Plaza”, Rotunda Building, P.J. Towers, Bandra-Kurla Complex, Bandra (East), Dalal Street, Mumbai-400 001 Mumbai, Maharashtra - 400 051 Scrip Code: 500439 Scrip Code: VHL SUBJECT: DISCLOSURE UNDER REGULATION 30 & 33 OF THE SEBI (LISTING OBLIGATIONS AND DISCLOSURE REQUIREMENTS) REGULATIONS, 2015. Dear Sir/ Madam, Pursuant to Regulation 30 read with Part A of Schedule III and Regulation 33 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, we are enclosing herewith Un-audited Financial Results of the Company for the quarter/ half year ended 30th September, 2026 together with Limited Review Report as approved by the Board of Directors in its meeting held on 10 November, 2026. The meeting of the Board of Directors commenced at 11:00 a.m. and concluded at 12:45 p.m. Kindly take the same on record. Thanking you, Yours faithfully, For VARDHMAN HOLDINGS LIMITED (SANDEEP) COMPANY SECRETARY YARNS — | FABRICS | THREADS | GARMENTS | FIBRES | STEELS CIN: LI7111PB1962PLC002463 WWW.VARDHMAN.COM VARDHMAN HOLDINGS LIMITED Regd, Office : Chandigarh Road, Ludhiana-141010 Corporate Identity Number (CIN): L17111PB1962PLC002463 Website:www.vardhman.com Email: secretarial.Jud@vardhman.com Standalone Unaudited Financial Results for the quarter and half year ended September 30, 2026 (All amounts in Rs. Crores, unless otherwise stated Particulars Quarter Ended Quarter Ended Quarter Ended Half Year Ended Half Year Ended Year Ended September 30, 2026 June 30, 2026 September 30, 2025 September 30, 2026 | September 30, 2025 March 31, 2026 Unaudited Unaudited Unaudited Unaudited Unaudited Audited (I) | Revenue from Operations I Dn it ve ir de es nt d I In nc co om me e 450 .. 73 06 0 0.. 02 11 45Q .. 11 31 450 .. 75 17 450 .. 12 37 450 ,. 16 41 Net gain/(loss) on fair value changes 18.37 10.61 (0.77) 28.98 2.48 8.22 Total Revenue from Operations 64.43 10.83 44,47 75.26 47.88 53.97 (II) | Other Income 0.54 0.51 0.47 1.05 0.92 1.86 (II) | Total Income (I+II) : 64.97 11.34 44.94 76.31 48,80 55.83 Expenses Employee Benefit Expenses 0.20 0.20 0.17 0.40 0.33 0.74 Finance cost = - = = = 0.05 Depreciation and Amortization Expense 0.00 0.00 0.00 0.00 0.00 0.01 Other Expenses 2.44 0.55 0.19 2.99 0.35 1.30 (IV) | Total Expenses 2.64 0.75 0.36 3.39 0.638 2.10 (V( IV )) | | TP ar xo fi Et x/ p( eL no ss es ) before Tax (I1I-IV) 62.33 10.59 44.58 72,92 48.12 53.73 Current Tax 13.80 219) 9.70 15.93 10.43 13,24 Deferred Tax (1.46) 0.13 1.67 (1.33) 1.82 0.00 (V( IV II II )) | | P Or to hf ei rt /( Cl oo ms ps r) ehf eor n st ihe v e pe Iri no cd o me(V -V / I) ( Loss) 49.99 8.33 33.21 58.32 35.87 40.49 (A) (i) Item that will not be reclassified to profit or loss -Remeaurements of defined benefit plans - - - - - (0.01) - Gain/ (loss) on fair valuation of equity instruments carried at FVOCI 126.87 75.42 35.05 202.29: 100.48 7.91 (ii)Income tax relating to these items (18.14) (10,25) (5.15) (28.39) (14.59) (1.29) (B) (i) Items that will be reclassified to profit or loss = - = - ws = acco( uii n) t Income tax relating to these items that will be reclassified to profit or loss ss 4 - « a a Total Comprehensive Income/ (Loss) for the period (Comprising (IX) | (p Vr Iof Ii +t V/ II( TL )o ss) and other Comprehensive Income/ (Loss) for the period) 158.72 73.50 63.10 232.22 121.76 47.10 x Earnings Per Equity Share (not annualized except for the year ended () March 31, 2026) (a)Basic (Amount in Rs.) 156,63 26.07 104.03 182.70 112.39 126.88 (XI) | ( Pab i) dD il uu pt e Ed q ui( tA ym o Su hn at r e in CaR ps i. t) al (Face value per share Rs. 10) 156 3. .6 13 9 26 3. .0 17 9 104 3. .0 13 9 182 3. .7 10 9 112 3. .3 19 9 126 3. .8 13 9 (XID | Other Equity 1,213.33 1,056.21 1,057.38 1,213.33 1,057.38 982.72 (See accompanying notes to standalone results ) I. Standalone Statement of Assets and Liabilities as at Sept ember 30, 2026 (All amounts in Rs. Crores, unless otherwise stated) Particulars As at As at September 30, 2026 March 31, 2026 Unaudited Audited A |ASSETS 1 Financial Assets (a) Cash and Cash Equivalents 0.62 0,42 (b) Bank Balances other than cash and cash equivalent 1.10 1.08 (c) Receivables (I) Other Receivables 1.12 2.00 (d) Investments 1,247.43 978.25 (e) Other financial assets 0.03 0.27 1,250.30 982.0 2 Non financial Assets (a) Current tax asset (Net) * 4.17 (b) Property Plant and Equipment 3.18 3.18 (c) Capital work-in-progress 0,02 = (d) Other non-financial assets 0.06 0.09 i 3.26 7.44 Total Assets 1,253.56 989.46 B LIABILITIES AND EQUITY LIABILITIES 1 Financial Liabilities (a) Payables (I) Trade Payables (i) total outstanding dues of micro enterprises and small enterprises 5 = (ii) total outstanding dues of creditors other than micro enterprises and small enterprises - = (b) | Other financial liabilities 0.20 0.07 0,20 0.07 2 Non-Financial Liabilities (a) Current tax Liabilities (Net) 6.42 - (b) Deferred tax liabilities (Net) 30.07 3.01 (c) Provisions 0.09 0.11 (d) Other non financial labilities 0,26 0.36 36,84 3.48 EQUITY (a) Equity Share Capital 3.19 3.19 (b) Other Equity 1,213.33 982.72 1,216.52 985.91 Total Liabilities and Equity 1,253.5 6 9895.46| Ti. Standalone Statement of Cash flows for the half year ended September 30, 2 026 (All amounts in Rs. Crores, unless otherwise stated) Particulars For the Half Year ended For the Half Year ended mber September 30, 2025 A.CASH FLOWS FROM OPERATING ACTIVITIES Profit before tax 72.92 48,12 Adjustments for non-cash and non-operating transactions + Depreciation and amortization expense 0,00 0.00 Net(Profit)/Loss on sale/fair valuation of Investments measured at (28.98) (2.48) P fair value through Profit & Loss Provision for Expected Credit Losses (ECL) 0.27 Provisions no longer required written Back (0.00) (28.71) (2.48) Operating profit before working capital changes 44,21 45.64 Adjustments for : 1.02 (Increase)/Decrease in financial assets 0.85 (Increase)/Decrease in non financial assets 0.03 0.04 Increase/(Decrease) in financial liabilities 0,13 0.01 Increase/(Decrease) in non financial liabilities (0.14) (0,12) 0.87 0.95 Cash Generation from Operations 45.08 46.59 Taxes Paid (5.35) (5.82) Net Cash flows from / (used in) Operating activities (A) 39.73 40.77 B.CASH FLOWS FROM INVESTING ACTIVITIES Purchase of Investments of associate (0.00) Purchase of Investments (other than associate) (192.47) (42.90) 154.56 3.73 Sale of Investments (0.02) Payment for purchase of property, plant and equipment (Increase)/Decrease in Bank Balances not considered as cash and cash equivalents (0.02) (0.02) (37.95) (39.19) Net Cash flows from / (used in) investing activities (B) C.CASH FLOWS FROM FINANCING ACTIVITIES Dividend Paid (1.58) (1.57) (1.57) Net Cash flows from / (used in) Financing Activities (C) (1.58) Net Increase/ (decrease) in cash & cash equivalents (A+B+C) 0.20 0.01 Cash & cash equivalents as at the beginning of the period 0.42 0.49 Cash & cash equivalents as at the end of the period 0.62 0.50 III. Additional Notes 1. The financial results have been prepared in accordance with the recognition and measurement principles laid down in Indian Accounting Standards (‘Ind AS') notified under the Companies (Indian Accounting Standards) Rules, 2015, (as amended) as specified in Section 133 of the Companies Act, 2013. 2.The company is essentially an investing company focusing on earning income through dividend, interest and gain on investments held. Hence the Company's business activity falls within a single business segment i.e investment and therefore segment reporting in terms of IND-AS 108 on operating segment is not applicable. 3.The financial results has been reviewed by the Audit Committee and approv [Showing first 8,000 characters — download PDF for full document]