Standalone Financial Results for the quarter and half year ended on 30.09.2026 enclosed herewith along with limited review report issued by statutory auditor.

www.ashokarefineries.com Email: arlraipurtayahoo.com ASHOKA REFINERIES LIMITED Reg. Off: 408, Wallfort 0zone, Fafadih, Raipur (Chhattisgarh) 492001, PH-0771-4030947 CIN NO: L15143CT1991PLCO06678 REF: ARL/BSE/2026-27/35 14t November, 2026 BSE Ltd. Corporate Relationship Department P.J. Towers, 25" Floor, Dalal Street, Mumbai (Maharashtra) 400 001 BSE Scrip Code-526983 Sub: Disclosure under Regulation 30 and other applicable regulations oft he SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 (‘Listing Regulations’): Outcome of the Board meeting In furtherance to the intimation dated 04.11.2026 and pursuant to Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 (“SEBI LODR Regulations”), we would like to inform you that the Board of Directors of the Company has, atits meeting held today, i.e., on Saturday, 14 November, 2026, inter- alia, considered and approved, the following: 1) Standalone Un-Audited Financial Results of the company for the quarter and half year ended September 30, 2026. Pursuant to Regulation 33 of SEBI (Listing Obligation and Disclosure Requirement) Regulation 2015, we are enclosing herewith the Un-Audited Standalone Financial Results of the Company along with the Limited Review Report issued by the Statutory Auditors on the Standalone Financial Results of the Company for the quarter and halfyear ended on September 30, 2026 annexed as Annexure-A. 2) Pursuant to Regulation 47(1)(b) of the Listing Regulations, the Quick Response Code and the details of the webpage where complete financial results of the Company for the quarter and half year ended September 30, 2026, are accessible to the Investors, shall be published in the newspapers as per the Listing Regulations. The meeting of the Board of Directors commenced at 03:00 PM and concluded at 03:20 PM. This is for your kind information and record. Yours faithfully, For, Ashoka Refineries Li INg, g V8 (Garilma Mogha) i %")\W % Y Company Secretary & Compliange Officer M. No.: A66541 Annexune —A ASHOKA REFINERIES LIMITED (NN LISHCTIMINLCOG7R Refd Off - 408, WallortO70me. Fafnih Chowk. Raipur 492001 StatStaendalmone eUnanudietd Foinanfcal Resuls fo the Quarter and HalslndeYd Seeteanmbrsr 30,2026 (Rsn ki Quarir onded Wl Vear Ended Tearended w0 Partictars | s0sepz6 | d0jnde | Sosepas | osep2s | 30sepds 31.Mar-26 Wnavaied] {naudited) | (inavdited] | (inavlted) | (Audied) T [ ) W Ote nv cor moe em apmerstrions g o T 0; 00 Total Income rom Operations o onr 149 - ELT] W [rxeexsis a Cortof materials consumed b Purchase of tock ntrade I 076 o0 & o 335 b Changes i nventortes of inished goods (o) o) 000 € Excise duty on saleofproducts 00 1 Employees benefitscxpenses 35 30 204 s a7 24 e Finanee costs: 000 000 000 om o0 00y € Depreciation and amorisation expenses o0 & Other Expenses 216 I 162 376 250 63 Tota expenses (ashscedeesto) o an 366 i) 737 14 11| Pront/Lossbefor exceptonal tems and ax Ge| e s6) ©54) ) 1550) W Exceptiona lems : 000 Y [Protbe/fotreo ansd tsax (@3] 0, [ez) ©54) G, 1550 Vi [Tax Expense ) CurrenTtan ) Defred Tax T fo previus Years 2 : . . it [Prof/folr tohes pesri)od 55| @30 56) 59 ) 1550 Vil |Other comprehensinicvomee A0 eres hat wil ot b rectssfio taproft and ss: 0 707 - 329 0 e gt st e @ . . ) X 094 B (1) e that il b eclassio fed pritrloss . 000) )(1) Inceome ao r latiing to eemsth t b ilit b e reclsifeed to . . X Total ompreIhncoeme nfo tshei perviod (o14) 630) [ (504 o) 1310 (Comprising Proi (Loss) and Other comprehensive Income or |reperod) X [pdap ShareCpor pea ls 10 exch fuly pata 019 3019 3019 30019 019 3019 o |Reserve excluding Revaluation reservesas per Balance sheet o Previousa ccountiyneagr X0 [Earnings per equity share (Par value . 10 each) assc o1 o) () (20 o) (049 1) Diuted o) (o) (o) (020) (©22) (046) X BY OROFD THEE BORARD FOR ASHOKA REFINERIES LIMIj HIFZUL RAKIM Plce- Raipur MangingDirector e 14/11/2026 DiN0B491654. Notes T J (Cm omu pa n‘ iF ein sa n (c Ii na dl i aR ne s Au cl ct os u nh ta iv ne g b Se ae nn d ap rr de sp )a r Re ld e i sn 2a 0c 1c 5o r ad na dn c re e lw ei vt anh t I an md ei nan d mA ec nco tu tn ht ei rn eg a fS tt era ndards (Ind-AS) as prescribed under section 133 of Companies Act, 2013 read with Rale 3 of the| z [Te above financia resuls Rave been reviewed by he AUl Comm iee Thes resuls Rave beer 3pproved by the Board afDirectas a1 mesting hed on 140 Noveraber, 2076 Limed Revien] under regulton 3 of the SE (ising OBlgtions andDiscasure Requiement) Regulations, 2015 has been caried oubty th Statutay Audior of the Company.The Auditors haveexpressed| an unguaified reportof e above resuls BY ORDER OF THE BOARD FOR ASHOKA REFINERIES LIM HIFZULRAHIM Place Raipur Managing Director ate: 14/11/2026 DINOBA18SH ASHOKA REFINERIES LIMITED CINNO: L15143CT1991PLC006678 Regd. Off. - 408, Wallfort 0zone, Fafadih Chowk, Raipur-492001 Statement of Assets and Liabilities for the Half year ended September, 2026 (Risn Lakhs| SNO. Particulars Asat 30.09.2026 Asat31.03.2026 (Unaudited) (Audited) I ASSETS A [Non- current Assets a [Financial Assets | ) mvestments - 43.07 | |t Loans 25400 20300 b_|Deffered Tax - 2.36 254.00 248.44 B [Current assets a [Financial Assets (i) Cash and cash equivalents 291 . 1239 . (i) Loans 176 429 (ii1) Trade Receivables ( |iv C) I unv re tn rat xo ear sy ns etts . - -- ¢ |other Current Assets 429 195 Total Current Assets 896 18.63 Total Assets| 262.96 267.07) 11| |Equity and Liabilities Equity | a [Equity Share Capital 34019 340.19 (99.18) (95.14) b_|Other Equity Total Equity 241,01 245.05 m| |Liabilities A |Non Current Liabilities 2 |Financial Liabilities 15.00 15.00 1. Borrowings b [DefTfaxe Lirabietildes ¢ |other non-current liabilities - - Total Non CurrentLiabilities| 15.00 15.00 B |Current Liabilities a |Financial Liabilities i Trade payables 2) Outstanding dues of micro enterprises and small enterprises - : b) Outstanding dues of creditors other than above 341 477 b [Other current liabilities - 001 ¢ [Provisions 354 224 d_|CuTrax rLiaebilnitites - : Total CurrentLiabil 694 7.02 Total Liabil 2194 2202 Total Equity and Liabilities| 262.96 267.07 BY ORDER OF THE BOARD FOR ASHOKA REFINERIES LIMITED HIFZUL RAHIM Managing Director DIN: 08491854 Date: 14/11/2026 ASHOKA REFINERIES LIMITED CINLI5143CT1991PLC006678 Regd. OI.:- 408, Walfort Ozone, Fafadih Chowk, Ralpur-492001 STATEMENT OF CASI FLOWS FOR THE PERIOD ENDED 30TH SEPTEMBER 2026 (Rs In Lakhs) TallVear Ended 30th | Wl Year Ended | Vear Ended 315t Particnlars September, 2026 March, 2026 [2) Cash Flow From Operating Activitie 1 Net Profit/(Loss) before Taxes and Exceptional Items 954, 23 1550 Adustments for: Depreciation 000, 000 000 Interest & Finance charges Charged to P& LA/c 000 001 0.02) Interest received from parties oo0| o0) 0.00) 20perating Prof hefore Warking Capital Changes 054 2.36) 1549 for: [DecreaseTr)ad(e I& nothcerr Reecealvsabele 019) 327, 464 ncrease/(Decrease] Trade Payables & other Liabilies L 007 076, 294 [Cash generated from Operations 942 -9.86) -17.18) Direct Tases Paid 000, 000, 000) Net Cash from Operating Activity (A) 942 96| -17.18) B) Cash Flow From Investing Activitie Sale of Shares 5095 000) 000} Net Cash from Investing Actvity () 5095, 000) 0.00) ©) Cash Flow From Financing Activites Interest Paid 000) 001 002 Interest received from parties 000, 000, 000 [Repayment of Long Term Borrowings 000, 000, 0.00) Loans & Advances given 5100 750 000} Net Cash From Financing Activities (€) -5100) 751 002 D) Net Increase / (Decrease) in Cash& Cash Equivalents (A)+(B)+(C)) 948 1737 (17.20) E) Cash and Cash Equivalent at beginning of the Year 1239) 2959 2959 F) Cash and Cash Equivalent at end of the Year (D+F) 291 1221 1239 NOTE 1. The above cash flow Statement has been prepared under the “Indirect Method" as et out in Indian Accounting Standard (Ind AS-7) on Cash Flow statement as notified by the Companies (Indian Accounting Standards (IND AS)) Rules 2015, 2.Previous Year figures have been regr [Showing first 8,000 characters — download PDF for full document]