Outcome of Board Meeting held on November 12, 2026.

November 12, 2026 Department of Corporate Services, BSE Limited, Listing Department, Phiroze Jeejeebhoy Tower, Dalal Street, Mumbai- 400001 Dear Sir/ Madam, Ref: Scrip Code: 530427 Sub: Outcome of Board Meeting and Unaudited Financial Results. This is to inform you that the Meeting of the Board of Directors was held today i.e. Thursday, November 12, 2026 wherein the Board has considered and approved the Standalone Unaudited Financial Results along with Limited Review Report for the quarter and half year ended September 30, 2026. The results are enclosed herewith. The aforesaid results are also being disseminated on Company's website at www.choksi- asia.com. The meeting of the Board of Director commenced at 5.35 p.m. and concluded at 6.00 p.m. You are requested to take note of the same and oblige. Thanking you, Yours truly, For Choksi Asia Limited (Formerly known as Choksi Imaging Limited) Rishi Dave Company Secretary & Compliance Officer Membership No. A36389 Place: Mumbai Encl: As above Registered Office: CHOKSI ASIA LIMITED Survey No.121, Plot No 10, Silvassa Industrial Est, 66 KVA Road, Amli, Silvassa, Dadra & Nagar Haveli, (Formerly known as Choksi Imaging Limited) DN - 396230 Corporate Office: 163/164, Choksi Bhuvan, Nehru Road, Branch Offices: Vile Parle (E), Mumbai – 400 057. Tel: 9821669911 • Delhi Email: imaging@choksi-asia.com • Chennai Website: www.choksi-asia.com CIN: L71200DN1992PLC005901 STANDALONE UNAUDITED FINANCIAL RESULTS FOR THE QUARTER ENDED AND SIX MONTHS ENDED SEPTEMBER 30, 2026 (₹ in Lacs except for per share data) Quarter Ended Six Month Ended Year Ended 30-09-26 30-06-26 30-09-25 30-09-26 30-09-25 31-03-26 Sr. Particulars Unaudited Unaudited Unaudited Unaudited Unaudited Audited Ind AS Ind AS Ind AS Ind AS Ind AS Ind AS 1 Revenue from operations 1,076.19 922.10 1,329.23 1,998.29 2,518.98 4,931.03 2 Other Income 10.73 29.36 28.68 40.09 57.72 140.23 3 Total Income (1+2) 1,086.92 951.46 1,357.91 2,038.38 2,576.70 5,071.26 4 Expenses (a) Cost of material consumed 609.67 227.93 442.83 837.60 637.39 1,097.62 (b) Purchases of stock-in-trade 143.19 190.98 609.33 334.17 1,604.36 2,811.57 (c) Changes in inventories of finished goods work-in-progress and stock-in-trade (4.76) 311.18 37.16 306.42 (169.53) (23.18) (d) Employee benefits and expenses 31.90 34.20 37.12 66.10 69.33 135.05 (e) Finance cost 3.79 3.55 13.89 7.34 23.94 42.45 (f) Depreciation and amortisation expense 7.60 9.00 8.27 16.60 14.61 26.85 (g) Other expenses 149.69 20.54 42.30 170.23 77.99 230.74 Total Expenses 941.08 797.38 1,190.90 1,738.46 2,258.09 4,321.10 5 Profit/(Loss) before exceptional and Tax (3-4) 145.84 154.08 167.01 299.92 318.61 750.16 6 Exceptional Items - - - - - - 7 Profit Before Tax (5-6) 145.84 154.08 167.01 299.92 318.61 750.16 8 Tax Expenses Current 36.82 41.66 42.27 78.48 86.21 125.22 MAT Credit Entitlement 1.99 16.13 (8.79) 18.12 (8.79) 85.39 Deferred 0.97 0.12 (1.12) 1.09 (0.89) 6.15 9 Net Profit After Tax (7-8) 106.06 96.17 134.65 202.23 242.08 533.40 10 Other Comprehensive Income Items that will not be reclassified to statement of A Profit & Loss (i) Remeasurement benefit of the defined benefit plans - (0.01) - (0.01) (0.01) (0.03) (ii)Equity Instrument through other comprehensive income - - - - - - (iii)Deferred Tax relating to the above items - - - - - (0.01) Net fair value loss on investment in equity instruments through OCI - - - - - - Total Other Comprehensive Income/(Expense) - (0.01) - (0.01) (0.01) (0.04) 11 Total Comprehensive Income 106.06 96.16 134.65 202.22 242.07 533.36 Paid -Up Equity Share Capital (Face value Rs.10/- each fully paid up) 57.01 57.01 57.01 57.01 57.01 57.01 Basic and diluted Earnings per shares of face value of Rs.10/- Each 1.86 1.69 2.36 3.55 4.25 9.36 For Choksi Asia Limited (Formerly Known as Choksi Imaging Limited) Jay Choksi Whole time Director & CFO DIN: 07151509 Place: Mumbai Date: November 12, 2026 Registered Office: CHOKSI ASIA LIMITED Survey No.121, Plot No 10, Silvassa Industrial Est, 66 KVA Road, Amli, Silvassa, Dadra & Nagar Haveli, (Formerly known as Choksi Imaging Limited) DN - 396230 Corporate Office: 163/164, Choksi Bhuvan, Nehru Road, Branch Offices: Vile Parle (E), Mumbai – 400 057. Tel: 9821669911 • Delhi Email: imaging@choksi-asia.com • Chennai Website: www.choksi-asia.com CIN: L71200DN1992PLC005901 Notes 1. The above is as an extract of the detailed format of Financial Results for quarter and six-months ended September 30, 2026 filed with the Stock Exchange under Regulation 33 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The full format of quarterly results is available on the Stock Exchange website (www.bseindia.com) and on the Company's website (www.choksi- asia.com). 2. The above unaudited financial results for the quarter and six-months ended September 30, 2026 were reviewed by the Audit committee and approved by the Board of Directors at their meeting held on November 12, 2026. 3. The Company operates in a single reportable operating segment in Non-Destructive Testing Industry, hence there is no separate reportable segment as per Ind AS 108 "Operating Segments". 4. The Unaudited Financial Results for the quarter and six-months ended September 30, 2026 have been prepared in accordance with Indian Accounting Standard (Ind AS) prescribed under Section 133 of the Companies Act, 2013 read with relevant rules thereunder and in terms of Regulation 33 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. 5. The Company has reassessed and valued its deferred tax positions reflecting the updated corporate tax rates prescribed under the New Income Tax Regime for the fiscal year 2026-2027. 6. The figures for the corresponding previous period have been regrouped / reclassified wherever considered necessary to confirm the figures presented in the current period. For Choksi Asia Limited (Formerly Known as Choksi Imaging Limited) Jay Choksi Whole time Director & CFO DIN: 07151509 Place: Mumbai Date: November 12, 2026 Registered Office: CHOKSI ASIA LIMITED Survey No.121, Plot No 10, Silvassa Industrial Est, 66 KVA Road, Amli, Silvassa, Dadra & Nagar Haveli, (Formerly known as Choksi Imaging Limited) DN - 396230 Corporate Office: 163/164, Choksi Bhuvan, Nehru Road, Branch Offices: Vile Parle (E), Mumbai – 400 057. Tel: 9821669911 • Delhi Email: imaging@choksi-asia.com • Chennai Website: www.choksi-asia.com CIN: L71200DN1992PLC005901 Statement of Assets and Liabilities as on September 30, 2026 (All figures in Lakhs) Particulars As at 30th September As at 31st March 2026 2026 Ind AS Ind AS (Unaudited) (Audited) Assets Non-current assets Property, Plant & Equipment 614.40 709.29 Goodwill 929.13 929.13 Intangible Assets 0.93 0.98 Capital work-in-progress 5.46 - 1,549.92 1,639.40 Other Non-Current Assets Advances 121.25 102.55 Other Financial Assets 47.26 99.00 Total Non-Current Assets 1,718.43 1,840.95 Current Assets Inventories 631.20 916.84 Financial Assets Trade Receivables 856.32 945.60 Cash and cash equivalents 1,545.36 654.40 Bank Balances other than cash and cash equivalents 2.17 2.17 Other Current Assets 57.78 382.93 Total Current Assets 3,092.83 2,901.94 Total 4,811.26 4,742.89 EQUITY AND LIABILITIES EQUITY Equity Share Capital 1,108.78 1,108.78 Other Equity 3,303.89 3,101.67 Total Equity 4,412.67 4,210.45 LIABILITIES Non-Current Liabilities Borrowings 18.29 22.34 Deferred Tax Liabilities 76.16 75.06 Total Non-Current Liabilities 94.45 97.40 Current Liabilities Borrowings 177.45 169.72 Trade Payable Total Outstanding dues of micro enterprises and small - - enterprises Total outstanding dues of creditors other than micro 62.16 145.62 enterprises and small enterprises Other current liabilities 64.53 119.70 Total Current Liabilities 304.14 435.04 Total Liabilities 398.59 532.44 Total Equity & Liabilities 4,811.26 4,742.89 For Choksi Asia Limited (Formerly Known as Choksi Imaging Limited) Jay Choksi Whole time Director & CFO DIN: 07151509 [Showing first 8,000 characters — download PDF for full document]