Outcome of Board Meeting

GANGOTR Company under CIRP, Hon'ble NCLT, Chennai, Order dated 7" August, 2026 Toestahos o (K1} REG OFF : 25-A, Venkatachalam Co-op. Colony, R.S.Puram, Coimbatore = 641002 Phone : 0422-4332100. GST NO: 33AAACGB01BMIZK PAN No : AAACGB018M CIN NO : L171157Z1989PLC002491 CST NO 905131 Dt.28.10.92 GANGOTRI TEXTILES LIMITED Standalone un-Audited Financial Results For the Quarter &Half year Ended 30-9-26 PART | (Rs in lakhs ) Quarter ended Half-year ended Year Ended Particulars 30-9-2026 30-6-2026 | 30-9-2025 30-9-2026 30-9-2025 31-3-2026 Unaudited Unaudited | Unaudited Unaudited Unaudited Audited 1. Revenue from Operation 2. Other Income 3.Total Income from operation 4.Expenditure a) Cost of materials consumed f) Purchase of Stock-in-Trade g) Changes in inventories of Finished Goods, Work-inProgress and Stock-in-Trade h) Employee benefit Expenses i) Finance Costs j) Depreciation & Amortization Expenses k) Other expense Total Expenses 5.Profit /Loss before Exceptional Items and Tax 6. Exceptional Items 7.Profit/ Loss before Extraordinary Items & Tax 8 Extraordinary Items 9. Profit /Loss before Tax 10. Tax Expenses a)Current Tax b) Deferred Tax 11) Profit/Loss for the period from continuing operation 12) Profit/Loss for the period from (313) (2.39) (5.52) (@.36) 671 discontinued operation 13)Profit / Loss for the period (3.13) (2.39) (5.52) (4.36) (6.71) 14)Other comprehensive Income a)ltems that will be reclassified to Profit or Loss b)ltems that will not be reclassified to Profit or Loss GANGTO RI Company under CIRP, Hon'ble NCLT, Chennai, Testiles 1 W Order dated 7" August, 2026 REG OFF : 25-A, Venkatachalam Co-op. Colony, R.S.Puram, Coimbatore - 641002 Phone : 0422-4332100. GST NO: 33AAACGS018MIZK PAN No : AAACGB018M CIN NO: L17115T21989PLC002491 CST NO 905131 Dt.28.10.92 —2-- 15)Total comprehensive Income (3.13) (2.39) (1.98) (5.52) (4.36) (6.71) for the period 16). Eamings per share for continuing operation a) Basic — — —_ — — — b) Diluted s . - — . - 17).Eamings per share for discontinued operation a) Basic (0.0096) | (0.0073) (0.0060) | (0.0169) |(0.0134) (0.0206) b) Diluted (0.0096) | (0.0073) (0.0060) (0.0169) | (0,0134) (0.0206) 18).Eamings per share for continuing and discontinued operation a) Basic (0.0096) | (0.0073) (0.0060) | (0.0169) |(0.0134) | (0.0206) b) Diluted (0.0096) | (0.0073) (0.0060) | (0.0169) | (0,0134) (0.0206) PART -lI- Select Information for the Quarter ended 30-9-2026 Quarter ended Half-year ended Year 30-9.2026 | 30-6-2026 | 30-9-2025 | 30-9-2026 | 30-9-2025 | Ended Particulars unudited | Unaudited | Unaudited | Unaudited | Unaudited | 31-3-26 Audited A. Particulars of Shareholding 1. Public Shareholding No of Shares 24614177 | 246,184,177 | 246,14,177 | 2,46,14,177 | 2,46,14,177 | 2,46,14,177 Percentage of Shareholding 75.47 75.47 75.47 7547 75.47 75.47 2 Promoters and Promoter R Group Shareholding a) Ple/ dEncgumeberded i. No of Shares 59,87,593 | 5987,503 | 59,87,593 | 59,87,503 | 50,87,593 | 59,87,503 ii. Percentage of Shares (as a % of the 75.00 75.00 75.00 75.00 75.00 75.00 Total shareholding of Promoter and Promoter Group) iii. Percenoft Sahagrees ( as a % of the 18.36 18.36 18.36 18.36 18.36 18.36 Total share Capital of the company ) b) Non-encumbered . i. No of Shares 20,112,864 | 20,12,864 20,12,864 20,12,864 20,12,864 20,12,864 ii. Percentage of Shares ( as a % of the 25.00 25.00 25.00 25.00 25.00 25.00 Total shareholding of Promoter and Promoter Group) 6.12 6.12 6.12 6.12 6.12 6.12 iii. Percentage of Shares (as a % of the Total share Capital of the company ) GGANGOTRI Company under CIRP, Hon'ble NCLT, Chennai, Vextiles 1ad Order dated 7" August, 2026 REG OFF ; 25-A, Venkatachalam Co-op. Colony, R.S.Puram, Coimbatore ~ 641002 Phone : 0422-4332100. GST NO: 33AAACGBO18MIZK PAN No : AAACGB01BM CIN NO : L17115T21989PLC002491 CST NO 905131 Dt.28.10.92 RECONCILIATION OF EQUITY AS ON 30-9-2026 As on 30-9-26 | As on 1-4-26 Description 1,06,72,73,470 | 1,06,72,73,170 Equity as per previous GAAP ( Indlan GAAP) Add. Fair valuation of Investments in Equity through OCI Fair valuation of Loan Less. Re-classification of Preference Shares as Liability Dividend on Preference Shares including Dividend Distribution Tax — Deferred Tax Liability recognized on fair valuation of Loan 1,06,72,73,470 [ 1,06,72,73,170 Equity as reported under Ind AS Particulars Year ended 30-8-2026 B. Investor Complaints i) Pending at the beginning of the quarter Nil ii) Received during the quarter Nil iii) Disposed off during the quarter Nil iv) Remaining unresolved at the end of the quarter Nil Note : 1. Pursuant to the application under section 10 of Insolvency and Bankruptcy Code, 2016 ( Code) filed by Gangotri Textiles Ltd , the National Company Law Tribunal (NCLT) Chennai Bench, admitted the application vide order dated 7" August 2026 and directed to initiate Corporate Insolvency Resolution Process (CIRP) against the Company. CA. G.Gunasekaran , I1BBI/IPA-001/IP-P00681/2017-2018/11178 has been appointed as the interim Resolution Professional (IRP) and has subsequently been confimed as Resolution Professional (RP). Upon Commencement of CIRP, the powers of the Board of Directors of the Company, and its Committees, including the Audit Committee, stands suspended and management of the Company vest in the RP. While the powers of Board of Directors are suspended in accordance with the provisions of the Code, they are required to perform their duties and responsibilities under applicable laws. - 2. The Company is under moratorium under section 14 of the Code till the completion of CIRP or until the Adjudicating Authority approves the resolution plan under sub-section (1) of section 31 of the Code or pass an order for liquidation of Corporate Debtors under section 33 of the Code as the case may be 3. As the Company is under CIRP , its ability to continue as a going concern is dependent upon many factors, including submission of viable resolution plan by the prospective investor and continued support from the financial creditors, operational creditors and customers. The RP is expected to make every Endeavour to protect and preserve the value of the property of the Company and manage the operation of the Company as a going concern. Accordingly, the financial statements of the Company have been prepared on a going concern basis. C3yANC i(. YTRI Company under CIRP, Hon'ble NCLT, Chennai, Fextiles Ltd Order dated 7™ August, 2026 REG OFF : 25-A, Venkatachalam Co-op. Colony, R.S.Puram, Coimbatore - 641002 Phone : 0422-4332100. GST NO: 33AAACG8018MIZK PAN No : AAACGB018M CIN NO : L17115TZ1989PLC002491 CST NO 905131 Dt.28.10.92 --4-- 4. W o ftaa of ih p np ei al tl naRihe iia “t lh hcC l oe alo e sd np esl e so ba u,w rw ce es Rs t eh neio ne rnf B ol sda r tir e bn d fadng io t se tsf ihq eu ,D i Crr Te 2e o dd hc em t ep iro 5t a er o Rs n ropa de ne r ese r s o aA tu cr t is m c, shn d0 efe ud n1i rne mr 3 nd na nn owt rd ii ma e pc cnhs t lc ro e aa aa E nn B dc r I oe fe s(p iw tL iroi ii hsn gt s es nh t oni i fsb Cnt i tgh he i mteO t eCe lr s i oo yrai Cu ets on sii wdd o eo inee nn ty,r ss applicable laws including the Companies Act, 2013 and the SEBI (Listing Obligation and Disclosure Requirements). Regulations 2015. The RP has not conducted any independent analysis of the information provided to him for the period prior to the CIRP commencement date and therefore, disclaims any responsibility of the financial position or operation of the Company for period prior to the CIRP commencement date. Further, actions of the RP such as the signing of these financial results have been undertaken in good faith and in terms of section 233 of the Code, no suit, prosecution or legal proceedings shall lie against the RP in respect of the same. 5. The results have been reviewed and approved by the Management Committee chaired by RP of the Company at the meeting held on 11the November , 2026 and the same have been signed by the Resolution Professional. The above resu [Showing first 8,000 characters — download PDF for full document]