Corrigendum

HAPPYFORGINGSLIMITED August 04, 2026 BSE Ltd, National Stock Exchange of India Ltd. Corporate Relationship Department, Listing Department, Phiroze Jeejebhoy Towers, Exchange Plaza, Bandra-Kurla Complex, Dalal Street, Mumbai - 400 001 Bandra (East), Mumbai- 400 051 Scrip Code: 544057 Symbol: HAPPYFORGE Sub: Outcome of Board Meeting held on August 04,2026. Dear Sir/Ma’am, Pursuant to Regulation 30 of SEBI(Listing Obligations and Disclosures Requirements) Regulations, 2015, the Board of Directors of the Company at its meeting, held on Tuesday, August 04, 2026, considered and approved the: Unaudited Financial Results(Standalone and Consolidated) along with the Limited Review Report of the Statutory Auditor for the quarter ended June 30, 2026. Enclosed herewith are the Limited Review Report and the Financial Results. The meeting commenced at 02:20 p.m. and concluded at 02:50 p.m. Kindly take the above information on record. Thanking you, For Happy Forgings Limited (Bindu Garg) Company Secretary & Compliance Officer, M.N.: F6997 B-XXIX-2254/1, Kanganwal Road, P O Jugiana, Ludhiana- 141120 Regd Office : 4911612510421 info@happyforgingsltd.com BXX1X-2254/1,KanganwalRoad, 491 161 251 0422 www.happyforgingsltd.com P.0.Jugiana,Ludhiana,Punjab, CIN L28910PB1979PLC004008 India-141120 S.R.Batliboi&Co.LLP 67,institutionalArea Sector44,Gurugram-122003 Haryana,India CharteredAccountants Tei:+911246816000 Independent Auditor’s Review Report on the Quarterly Unaudited Standalone Financial Results of the Company Pursuant to the Regulation 33 of the SEB1(Listing Obligations and Disclosure Requirements) Regulations,2015,asamended ReviewReportto TheBoardofDirectors HappyForgingsLimited I. We have reviewed the accompanying statement of unaudited standalone financial results of Happy Forgings Limited (the “Company”) for the quarter ended June 30,2026 (the “Statement”) attached herewith, beingsubmittedbytheCompany pursuanttotherequirementsofRegulation33oftheSEBI (Listing Obligations and Disclosure Requirements) Regulations,2015, as amended (the “Listing Regulations”). 2. TheCompany’sManagementisresponsibleforthepreparationoftheStatementinaccordancewiththe recognition and measurement principles laid down in Indian Accounting Standard 34, (Ind AS 34) “Interim Financial Reporting” prescribed under Section 133of theCompanies Act, 2013 asamended, read with relevant rules issued thereunder and other accounting principlesgenerally accepted in India and in compliancewith Regulation 33oftheListingRegulations.TheStatementhasbeenapproved by theCompany’sBoardofDirectors.OurresponsibilityistoexpressaconclusionontheStatementbased onourreview. 3. Weconducted our reviewof the Statement in accordance with the Standard on Review Engagements (SRE)2410, “Review of Interim Financial Information Performed by the Independent Auditor of the Entity”issuedbytheInstituteofCharteredAccountantsofIndia.Thisstandardrequiresthatweplanand perform the review to obtain moderate assurance as to whether the Statement is free of material misstatement. A review of interim financial information consists of making inquiries, primarily of persons responsible for financial and accounting matters, and applying analytical and other review procedures,AreviewissubstantiallylessinscopethananauditconductedinaccordancewithStandards onAuditingandconsequentlydoesnotenableustoobtainassurancethatwewouldbecomeawareofall significantmattersthatmightbeidentifiedinanaudit.Accordingly,wedonotexpressanauditopinion. 4. Basedonourreviewconductedasabove,nothinghascometoourattentionthatcausesustobelievethat theaccompanyingStatement, prepared in accordancewiththe recognition and measurement principles laid down in the aforesaid Indian AccountingStandards('Ind AS’)specified underSection 133 ofthe Companies Act,2013 as amended, read with relevant rules issued thereunder and other accounting principlesgenerallyacceptedinIndia,hasnotdisclosedtheinformationrequiredtobedisclosedinterms of the Listing Regulations, including the manner in which it is to be disclosed,or that it contains any material misstatement. ForS.R.Batliboi&Co. LLP Chartered Accountants ICAIFirmregistrationnumber:301003E/E3000Q5>-f'wBO/ -A. jr-’-t’, perWravinTulsyan Partner MembershipNo.:108044 UDIN:26108044KQAWJR1900 Place:Ludhiana Date:August04,2026 SR Sadism&CoLLP,aLimitedLabiJnyP-artnef^iwwin*LLPIdentityNs AAB’42^4 :: O Street (cid:127) - al HAPPYFORGINGSLIMITED HappyForgingsLimited ClNNo.:L28910PB1979PLC004008) Regd.B-XXIX-2254/1,KanganwalRoad,P.O.Jugiana,Ludhiana141120,Punjab TelNo.:0161-5217162 Email:complianceofficer@happyforgingsltd.co.inWebsite:https://happyforgingsltd.com StatementofUnauditedStandaloneFinancialResultsforthequarterendedJune30,2026 (AllamountinRs.lacs,exceptpersharedataandunlessotherwisestated) SI. QuarterEnded YearEnded Particulars No. June30,2026 March31,2026 June30,2025 March31,2026 (Unaudited) (Audited) (Unaudited) (Audited) ReferNote5 Income 1 Revenuefromoperations 44,942.23 42,383.97 35,380.34 1,54,633.56 2 Otherincome 1,108.36 604.75 1,035.15 3,081.43 3 TotalIncome(A) 46,050.59 42,988.72 36,415.49 1,57,714.99 4 Expenses Costofrawmaterialsandcomponentsconsumed 18,780.04 15,798.65 14,575.02 60,676.81 Changesininventoriesoffinishedgoods,work-in-progressandscrap (1,110.80) 1,430.13 312.32 2,504.00 Employeebenefitsexpense 3,869.63 3,638.76 3,208.74 13,658.30 Financecosts 306.25 381.31 230.48 1,047.31 Depreciationandamortisationexpense 2,623.66 2,450.85 2,055.25 8,904.29 Otherexpenses 9,317.93 8,182.40 7,169.14 30,724.90 5 Totalexpenses(B) 33,786.71 31,882.10 27,550.95 1,17,515.61 6 Profitbeforetax(C=A-B) 12,263.88 11,106.62 8,864.54 40,199.38 7 Taxexpense Currenttax(net) 2,870.91 2,379.47 2,166.07 9,145.76 Adjustmentsofcurrenttaxrelatingtoearlieryears - - - (157.29) Deferredtax 246.63 370.72 129.45 1,046.94 8 Totaltaxexpense(D) 3,117.54 2,750.19 2,295.52 10,035.41 9 Profitfortheperiod/year (E=C-D) 9,146.34 8,356.43 6,569.02 30,163.97 10 Othercomprehensiveincome/(loss)(OCI) Othercomprehensiveincomenottobereclassifiedtoprofitorlossinsubsequent period/year Remeasurementgainondefinedbenefitplans 25.05 82.61 7.64 184.89 Less:Incometaxeffectonabove (6.30) (20.79) (1.92) (46.53) 18.75 61.82 5.72 138.36 Othercomprehensiveincome/(loss)tobereclassifiedtoprofitorlossinsubsequent period/year Netmovementoneffectiveportionofcashflowhedges 300.17 142.99 (624.52) (319.30) Less:Incometaxeffectonabove (75.55) (35.99) 157.18 80.36 224.62 107.00 (467.34) (238.94) Totalothercomprehensiveincome/(loss)/(OCI),netoftax(F) 243.37 168.82 (461.62) (100.58) 11 Totalcomprehensiveincomefortheperiod/yearnetoftax(G=E+F) 9,389.71 8,525.25 6,107.40 30,063.39 12 Paid-upequitysharecapital(FacevalueofRs.2/-pershare) 1,887.57 1,887.01 1,885.72 1,887.01 13 Otherequity 2,10,940.63 14 Earningspershare(EPS):(InRs.) (NominalvalueRs2/-pershare) (i)Basic 9.70 8.86 6.97 31.99 (ii)Diluted 9.68 8.84 6.96 31.92 (Notannualised) (Notannualised) (Notannualised) (Annualised) SeeaccompanyingnotestotheUnauditedStandaloneFinancialResults HAPPYFORGINGSLIMITED Regd.B-XXIX-2254/1,KanganwalRoad,P.O.Jugiana,Ludhiana141120,Punjab NotestoUnauditedStandaloneFinancialResults: 1. The Company'saboveunauditedstandalonefinancialresultsfor thequarterendedJune 30, 2026, have been prepared in accordance with the recognition and measurement principles of Indian Accounting Standards(IND AS) asprescribedunder section133ofthe Companies Act, 2013 read withRule3ofthe Companies(IndianAccountingStandards)Rules,2015,asamendedandRegulation33oftheSEBI(Listing ObligationsandDisclosureRequirements)Regulations2015. 2. The above unauditedstandalonefinancialresults of the Companyfor the quarter endedJune30, 2026, havebeenreviewedandrecommendedbytheAuditCommitteeandapprovedbytheBoardofDirectorsin theirrespectivemeetingsheldonAugust04,2026.ThestatutoryauditorshavecarriedoutLimitedReview ofaboveunauditedstandalonefinancialresultsoftheCompany. 3. TheCompanymanufactures"AutocomponentsandEngineeringparts",andthemanagementreviewsthe perfor [Showing first 8,000 characters — download PDF for full document]