This is to inform that the Board of Directors, at its meeting held today i.e. Saturday, November 14, 2026 inter-alia have considered and approved the following: 1. Un-audited Financial Results (Standalone and Consolidated) of the Company for the quarter ended September 30, 2026. In this regard, we enclose the following: i. Un-audited Financial Results (Standalone and Consolidated) of the Company for the quarter ended September 30, 2026. ii. ....

Date: November 14, 2026 BSE Limited, P.J. Towers, Dalal Street, Mumbai – 400 001. Scrip Code: 506640 Subject: Outcome of Board meeting held on November 14, 2026 Reference: Regulation 30 and 33 of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015 (“LODR Regulations”). Dear Sir / Madam, This is to inform that the Board of Directors, at its meeting held today i.e. Saturday, November 14, 2026 inter-alia have considered and approved the following: 1. Un-audited Financial Results (Standalone and Consolidated) of the Company for the quarter ended September 30, 2026. In this regard, we enclose the following: i. Un-audited Financial Results (Standalone and Consolidated) of the Company for the quarter ended September 30, 2026. ii. Limited Review Report of the Company for the quarter ended September 30, 2026. Also, the trading window for all Designated Persons of the Company for dealing in the Company’s equity shares will open after 48 hours from declaration of the Audited financial results of the Company. The meeting commenced at 15:00 p.m. and concluded at 20:30 p.m. We request to kindly take the same on record. For ZR2 Bioenergy Limited (Formerly known as Gujchem Distillers India Limited) Jimmy Olsson Managing Director DIN: 06891122 Registered Office: 307 Ashirwad Paras – 1, S.G. Highway, Makarba, Ahmedabad 380 051 Corporate Office: 1102 Lodha Supremus, Senapati Bapat Marg, Mumbai, 400 013 Tel: +91 83560 34700 Email: CIN No:L32909GJ1939PLC002480 ZR2 BIOENERGY LIMITED (FORMERLY KNOWN AS GUJCHEM DISTILLERS INDIA LTD) CIN:L74110GJ1939PLC002480 Regd. Office: 307 Ashirwad Paras-1, S.G.Highway, Ahmedabad Corporate office: 1102, Lodha Supremus, Senapati Bapat Marg, Lower Parel, Mumbai 400013 E-mail: zr2compliance@gmail.com Phone: +91 7045989503 Website: www.gujchemdistillers.in STATEMENT OF UNAUDITED STANDALONE FINANCIAL RESULTS FOR THE QUARTER AND HALF YEAR ENDED SEPTEMBER 30, 2026. (₹ in Lakhs Except EPS and Face Value of Share) Quarter Ended Half Yearly Year Ended September June September September September March Particulars 30, 2026 30, 2026 30, 2025 30, 2026 30, 2025 31, 2026 Unaudited Unaudited Unaudited Unaudited Unaudited Audited I Revenue from operations - - - - - - II Other income 41.62 41.63 51.95 83.25 98.38 183.82 III Total Income (I+II) 41.62 41.63 51.95 83.25 98.38 183.82 IV Expenses Cost of material consumed - - - - - - Purchases of products for sale - 6.05 9.16 6.05 9.16 9.16 Changes in inventories of finished goods, work-in-progress 6.05 (6.05) - - - - and products for sale Employee benefits expenses 3.45 4.39 9.07 7.84 15.84 20.28 Finance costs - 0.51 0.03 0.51 0.08 0.08 Depreciation and amortization expense 2.67 2.64 1.45 5.32 3.51 21.23 Other expenses 17.83 12.27 4.89 30.09 11.69 34.88 Total expenses 30.00 19.83 24.60 49.82 40.28 85.62 V Profit before exceptional and extraordinary items and tax (III- 11.63 21.81 27.35 33.44 58.11 98.21 VI Exceptional items - - - - - VII Profit before extraordinary items and tax (V-VI) 11.63 21.81 27.35 33.44 58.11 98.21 VIII Extraordinary items - - - - - - IX Profit before tax (VII-VIII) 11.63 21.81 27.35 33.44 58.11 98.21 X Tax expenses 1) Current tax - - - - - 30.77 2) MAT Credit Entitlement - - - - - - 3) Deferred tax (0.20) (0.20) 0.27 (0.40) 0.17 (3.04) XI Profit/(loss) for the period (IX-X) 11.83 22.01 27.08 33.84 57.94 70.48 XII Other comprehensive income XIII Total comprehensive income 11.83 22.01 27.08 33.84 57.94 70.48 XIV Paid up equity share capital (face value ₹1 each) 35.69 35.69 35.69 35.69 35.69 35.69 XV Other equity - - - - - 13,961.31 XVI Earnings per share 1) Basic 0.33 0.62 0.76 0.95 1.62 1.97 2) Diluted 0.07 0.14 0.06 0.08 0.14 0.44 1. The above unaudited Standalone Financial Results for the quarter and half year ended September 30, 2026 have been reviewed by the Audit Committee and approved by the Board of Directors at their meetings held on November 14, 2026.The unaudited results for the quarter and half year ended September 30, 2026 has been subjected to limited review by the Statutory Auditors of the Company. The limited review as required under Regulation 33 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 has been completed by the auditors of the Company and they have expressed an unqualified review opinion. 2. ZR2 Solar Private Limited a wholly owned subsidiary of the Company, was incorporated on October 4, 2024, to operate business of generating, accumulating, distributing and supplying renewable energy including solar, wind, hydropower and other energy for its own use or for sale to governments, state electricity boards, Intermediaries in power transmission/distribution , companies, Industrial units , or to other types of users / consumers of energy . 3. The Company is executing a focused transition into bioenergy and agri-commodities. The cornerstone is the acquisition of an operational ethanol plant, complemented by trading in Food grains, DDGs, and biomass, dairy commodities, renewable electricity, and a premium peanut butter brand. These initiatives are at advanced stages of development, with relevant agreements, MOUs, and regulatory engagements in progress. Existing infrastructure in agricultural waste processing, solar generation, and grid connectivity provides a ready foundation, de-risking deployment and accelerating time-to-revenue. Based on the above, the Board and Management confirm that there are no material uncertainties that cast significant doubt on the Company's ability to continue as a Going Concern. The financial statements/results for the quarter and half year ended September 30, 2026 have accordingly been prepared on a Going Concern basis. 4. The figures for the quarter ended September 30, 2026 represent the balancing figures between the unaudited figures for the half year ended September 30, 2026 and the published unaudited year-to-date figures for the quarter ended June 30, 2026, which were subject to limited review. ZR2 BIOENERGY LIMITED (Formerly Known As Gujchem Distillers India Ltd) Jimmy Olsson Place: Mumbai Managing Director Date: November 14, 2026 (DIN: 06891122) ZR2 BIOENERGY LIMITED Standalone Balance sheet as at 30th September, 2026 (₹ in Lakhs) As at As at Particulars September 30, 2026 March 31, 2026 ASSETS Non-Current Assets Property, Plant and Equipment 2 5.07 30.38 Capital work-in-progress 1 2,023.50 12,011.36 Intangible Assets Financial Assets Investments 1 0.00 10.00 Other Financial Assets - 13.50 Deferred Tax Assets (Net) 3 .35 2.95 Total Non Current Assets 12,061.91 12,068.19 Current Assets Cash and Cash Equivalents 1 ,853.36 1,884.38 Other Financial Assets 1 97.59 122.12 Other Current Assets 6 8.95 57.40 Total Current Assets 2,119.90 2,063.89 TOTAL ASSETS 1 4,181.82 14,132.09 EQUITY AND LIABILITIES EQUITY Equity Share Capital 3 5.69 35.69 Other Equity 1 3,995.15 13,961.31 Total Equity 14,030.84 13,997.00 LIABILITIES Current Liabilities Financial liabilities Trade Payables Total outstanding dues of micro and small enterprises - - Total outstanding dues of creditors other than micro and small 2 3.27 20.35 Other Financial Liabilities - - Other Current Liabilities 7 5.15 81.27 Provisions 2 1.79 2.69 Current Tax Liabilities (Net) 3 0.77 30.77 Total Current Liabilities 150.98 135.09 Total Liabilities 1 50.98 135.09 Total Equity and Liabilities 1 4,181.82 14,132.09 ZR2 BIOENERGY LIMITED STANDALONE STATEMENT OF CASH FLOW FOR THE PERIOD ENDED SEPTEMBER 30, 2026 (₹ in Lakhs) September September Particulars 30, 2026 30, 2025 Cash flow from operating activities: Net profit before tax as per statement of profit and loss 3 3.44 58.11 Adjusted for: Depreciation & amortization 5 .32 3.51 (Profit) / Loss on Sale or remeasurement at FVTPL of Investment - - Interest Received (83.25) (87.78) Dividend Received - - Profit on sale / disposal of immovable property - - Interest & finance costs 0 .51 0.08 Operating cash flow before working capital changes (43.98) (26.08 [Showing first 8,000 characters — download PDF for full document]