Reply to Clarification- Financial results

Corporate Office: 1506, Chiranjiv Tower, Shivalik Rasayan Limited 43, Nehru Place, New Delhi-19 Tel: +91 11 47589500 (30 Lines), 26221811/26418182 E-Mail : info@shivalikrasayan.com Website: www.shivalikrasayan.com CIN: L24237UR1979PLC005041 Ref: STEX/Clarification/NSE/2026-27 Date: 29.07.2026 National Stock Exchange of India Ltd Exchange Plaza, C-1, Block G, Bandra Kurla Complex, Bandra (E) Mumbai – 400 051 NSE Code: SHIVALIK Sub: Reply to clarification sought This has reference to an e-mail from your good office with following observation: Financial results submitted are not as per format prescribed by SEBI- Consolidated balancing figure note missing. Dear Sir/Ma’am, Response: We have reviewed the observation by Exchange; we would like to inform you that the consolidated balancing figure note was inadvertently missed and the revised results are annexed for your review and consideration. Thanking You Yours truly, For Shivalik Rasayan Limited Parul Choudhary Company Secretary & Compliance Officer ACS: 34854 Regd. Office & Factory: Kolhupani, P.O. Chandanwari, Dehradun-248 007. Phone: 0135-2773429, 2772038, E-mail: ddn@shivalikrasayan.com Works Dahej-II: D-2/CH/41/A, GIDC Industrial Estates, Dahej-II, Pin- 392140 Distt, Bharuch (Gujarat) R&D Centre: SP-1192 A&B, Phase-IV, Industrial Area, Bhiwadi-301019, Dist. Alwar, Bhiwadi (Rajasthan) Tel.: 07240009670 Corporate Office: 1506, Chiranjiv Tower, Shivalik Rasayan Limited 43, Nehru Place, New Delhi-19 Tel: +91 11 47589500 (30 Lines), 26221811/26418182 E-Mail : info@shivalikrasayan.com Website: www.shivalikrasayan.com CIN: L24237UR1979PLC005041 Ref: STEX/OUTCOME/2026-27 Date-27.05.2026 BSE Limited National Stock Exchange of India Limited Department of Corporate Services-Listing Exchange Plaza, Bandra Kurla Complex PJ Towers, Dalal Street Bandra (E) Mumbai- 400051 Mumbai- 400001 Scrip Code- 539148 Symbol- SHIVALIK Sub. : Outcome of Board Meeting Dear Sir, We wish to inform you that the Board of Directors of the Company at its meeting held today approved the Audited Financial Results (Standalone and Consolidated) of the Company for the quarter and year ended on March 31, 2026. Pursuant to Regulation 33 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, we enclose the following: a) Statement showing the Audited Financial Results (Standalone & Consolidated) of the Company for the quarter and year ended on March 31, 2026 as Annexure-A and b) Audited Segment-wise Revenue, Results, Assets and Liabilities of the Company, both Standalone and Consolidated, for the quarter & year ended on March 31, 2026; as Annexure-B and c) Audit Report on the Audited Financial Results (Standalone & Consolidated) as Annexure-C Further Board of Directors at their meeting approved the following resolutions: a) Recommended a final dividend @ 10% on Equity Shares of Rs. 5/- each i.e. 50 Paise per Equity Share for the Financial Year 2025-26 subject to the approval of shareholders at the ensuing Annual General Meeting of the Company. b) M/s Amar Sharma & Co, Chartered Accountants, is not willing to continue as an Internal Auditor of the Company due to other pre-occupations, therefore, Board based on the recommendation of Audit Committee, appointed M/s Arun Agarwal & Co., Chartered Accountants as Internal Auditor of the Company for the financial year 2026-27. Brief Profile of M/s Arun Agarwal & Co, Chartered Accountants as Annexure-D c) Appointment of Cheena & Associates as Cost Auditor of the Company for the financial year 2026-27. d) Resignation of Mr. Sanjay Bansal as a Non-Executive Director of the Company. Reconstitution of Committees In view of the above cessation, the Board approved reconstitution of following committees with effect from May 27, 2026. a) Audit Committee b) Stakeholders Relationship Committee c) Nomination and Remuneration Committee d) Risk Management Committee The details required under the SEBI (Listing Obligations and Disclosure requirements) Regulations, 2015 read Regd. Office & Factory: Kolhupani, P.O. Chandanwari, Dehradun-248 007. Phone: 0135-2773429, 2772038, E-mail: ddn@shivalikrasayan.com Works Dahej-II: D-2/CH/41/A, GIDC Industrial Estates, Dahej-II, Pin- 392140 Distt, Bharuch (Gujarat) R&D Centre: SP-1192 A&B, Phase-IV, Industrial Area, Bhiwadi-301019, Dist. Alwar, Bhiwadi (Rajasthan) Tel.: 07240009670 Corporate Office: 1506, Chiranjiv Tower, Shivalik Rasayan Limited 43, Nehru Place, New Delhi-19 Tel: +91 11 47589500 (30 Lines), 26221811/26418182 E-Mail : info@shivalikrasayan.com Website: www.shivalikrasayan.com CIN: L24237UR1979PLC005041 with SEBI Circular No. CIR/CFD/CMD/4/2015 dated September 9, 2015 is enclosed as Annexure-E. Please note that the reports of Auditors are with unmodified opinion with respect to the Audited Financial Results of the Company for the quarter/financial year ended March 31, 2026. Please also find enclosed herewith declaration as per Regulation 33(3)(d) of SEBI (LODR), 2015 in respect of Auditor's Report with un-modified opinion for the Audited Financial Results for the quarter and year ended March 31, 2026. The meeting of the Board of Directors commenced on 03:30 pm and concluded at 04:40 p.m. The Audited Financial Results (Standalone & Consolidated) of the Company for the quarter and year ended on March 31, 2026, as approved by the Board, will also be available on the Company’s website www.shivalikrasayan.com. This is for your information and records. Thanking You. Yours faithfully, For Shivalik Rasayan Limited Parul Choudhary Company Secretary & Compliance Officer ACS: 34854 Regd. Office & Factory: Kolhupani, P.O. Chandanwari, Dehradun-248 007. Phone: 0135-2773429, 2772038, E-mail: ddn@shivalikrasayan.com Works Dahej-II: D-2/CH/41/A, GIDC Industrial Estates, Dahej-II, Pin- 392140 Distt, Bharuch (Gujarat) R&D Centre: SP-1192 A&B, Phase-IV, Industrial Area, Bhiwadi-301019, Dist. Alwar, Bhiwadi (Rajasthan) Tel.: 07240009670 A Shivalik Rasayan Ltd. ,.... Regd. Office: Village Kolhupani, P.O. Chandanwari, Dehradun-248007 CIN: L24237UR1979PLC005041 E-mail: cs@sbivalikrasayan.com,www.sbivalikrasayan.com Audited Standalone and Consolidated Financial Results for the Quarter & Year ended on 31st Mar 2026 PARTI All Figures in Rs. Lakhs Excepts Earning Per Shares Standalone Consolidated Three month oeriod, ended Year Ended Three month period ended Year Ended Particulars 31-03-2026 31-12-2025 31-03-2025 31-03-2026 31-03-2025 31-03-2026 31-12-2025 31-03-2025 31-03-2026 31-03-2025 Audited Un-audited Un-audited Audited Audited Audited Un-audited Audited Audited Audited I Income from operations (a) Net Sales/Income from operations 4,216.91 3,512.90 3,978.16 17,023.35 14,922.59 10,281.57 8,203.75 6,939.46 36,800.32 31,177.31 (b) Other Income 18.12 64.09 48.29 96.45 206.29 191.64 I 17,58 .57 1.02 407.76 830.68 Total Revenue 4 235.03 3 576.99 4,026.45 17.119.80 15,128.88 10,473.21 8,321.33 7 510.47 37 208.09 32,007.99 2 Expenses a) Cost of Material Consumed 2,308.10 2,748.28 1,745.36 10,264.52 8,279.92 4,917..3 3 4,916.91 2,897.08 19,699.33 17,344.89 b) Purchase of Stock-in-Trade . - r ' . anc) C Whan org ke is ri on grve en st so ry of Finished Goods 23.25 (1,308.89) 158.11 (1,604.28) (700.62) 633.66 (1,106.56} 382.84 (861.89) (1,303.79} d) Employees Benefits Expenses 624.41 687.00 643.46 2,586.16 2,314.89 1,564.32 1,524.29 1,483.28 6,055.47 5,502.18 e) Finance Cost 207.40 133.80 205.94 610.26 617.76 245.70 231.00 270.93 960.00 933.37 I) Depreciation and Amortisation Expenses 242.55 323.56 230.39 1,154.81 870.39 415.87 506.30 278.27 1,876.67 1,577.00 g)Other expenses .5 62.66 791.66 .6 94.62 3,159.20 2,393.80 1,923.69 1.,8 36.73 1,600.47 7,330.95 5,613.59 Tota.I Exoenses 3 968.37 3 375.41 3 677.88 16,170.67 13 776.14 9,700.58 7 908.67 6.912.86 35,060.52 29,667.24 Profitl(Loss) before E,ceptional Items & 3 266.66 201.58 348.57 949.13 1,352.74 772.63 412.67 597.61 2,147.57 2,340.75 Tax (i-2) 4 Exceptional Items (Commercial Tax . - . . - . . . . . 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