Press Release

Date: 05.08.2026 The Secretary The Secretary BSE Limited The Calcu(cid:308)a Stock Exchange Limited Phiroze Jeejeebhoy Towers, 7, Lyons Range Dalhousie, Dalal Street Bandra, Kolkata- 700001 Mumbai- 400001 Scrip Code: 23128 Scrip Code: 544831 Dear Madam/Sir, Sub: PRESS RELEASE ON THE FINANCIAL RESULTS OF THE BANK FOR THE QUARTER ENDED JUNE 30, 2026 Pursuant to Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, please find enclosed herewith a copy of the Press Release being issued by the Meenakshi India Limited regarding the Unaudited Standalone Financial Results for the first quarter ended June 30, 2026, as approved by the Board of Directors at their meeting held today,5th August 2026. The said Press Release is also being made available on the official website of the Company at https://www.milgroup.in/ We request you to take the above information on record and acknowledge receipt. Thanking You, Yours faithfully, For MEENAKSHI (INDIA) LIMITED KANCHAN RATHI COMPANY SECRETARY & COMPLIANCE OFFICER Press Release Meenakshi India Limited posts 153% surge in net profit at Rs 7.13 crore in Q1FY27 Chennai, August 5, 2026: Meenakshi India Limited (MIL) (BSE: 544831), a leading manufacturer and exporter of high-quality apparel, posted 152.84 per cent rise in net profit on a standalone basis at Rs 7.13 crore for the first quarter ended June 30, 2026, as against Rs 2.82 crore same period last year. Opera(cid:415)ng income on a standalone basis decreased slightly by 3.14 per cent at Rs 32.35 crore during the quarter under review as compared with Rs 33.40 crore same period last year. Op. EBITDA turned posi(cid:415)ve at Rs 1.10 crore, as against Rs (0.16) crore last year. The company, which was earlier listed on the Calcu(cid:425)a Stock Exchange, got listed on the BSE recently. Par(cid:415)culars Q1FY27 Q1FY26 Growth (%) Net Profit (Rs Crore) 7.13 2.82 152.84 Opera(cid:415)ng Income (Rs 32.25 33.40 (3.14) Crore) Op. EBITDA (Rs Crore) 1.10 -0.16 N/A EPS (Rs) 6.34 2.51 152.59 Commen(cid:415)ng on the company’s performance, Mr Ashutosh Goenka, Chairman & Managing Director, Meenakshi India Limited, said, “While revenues remained broadly stable, our reported profitability improved significantly, supported primarily by other income during the quarter. The tariff related uncertainty in US and slower demand in Europe is expected to strengthen now once the tariff disadvantages vis-à-vis countries such as Bangladesh and Vietnam are addressed through trade agreements.” However, I believe the more meaningful takeaway lies in the performance of our core garment business. In the corresponding quarter of the previous year, our core opera(cid:415)ons had reported an opera(cid:415)ng loss. During the current quarter, although opera(cid:415)ng profits from the core business remain modest, we have returned to posi(cid:415)ve opera(cid:415)ng performance. We view this as an important milestone because it indicates that the correc(cid:415)ve measures we have taken over the past year are beginning to yield results and that the fundamentals of our business are steadily improving. “Lis(cid:415)ng on the BSE Main Board marks an important milestone in our journey as it will help strengthen our visibility, accessibility and engagement with the wider investor community. For us, the lis(cid:415)ng is a reflec(cid:415)on of the evolu(cid:415)on of the company over the years and our ambi(cid:415)on to build a globally compe(cid:415)(cid:415)ve, export-led manufacturing business. The BSE pla(cid:414)orm gives us a broader and more ac(cid:415)ve market ecosystem, while enhancing transparency, liquidity and opportuni(cid:415)es for greater par(cid:415)cipa(cid:415)on from investors,” he said. About Meenakshi India Limited Established in 1982, Meenakshi India Limited is a leading apparel manufacturing company based in Tamil Nadu. The Company provides end-to-end garment manufacturing solu(cid:415)ons and specialises in premium bo(cid:425)om wear and outerwear for interna(cid:415)onal brands. With over four decades of industry experience, MIL combines manufacturing excellence, product innova(cid:415)on and sustainable prac(cid:415)ces to deliver high-quality apparel solu(cid:415)ons to customers worldwide. For more informa(cid:415)on, visit: h(cid:425)ps://www.milgroup.in/ For Media Queries Aryan Ankur 89864 33442 aryan@fortunapr.com For IR Queries Rajshree Ganguly 98338 07235 rajshree@fortunapr.com