Reply to Clarification- Financial results

June 30, 2026 National Stock Exchange of India Ltd. Exchange Plaza, C-1, Block G, Bandra Kurla Complex, Bandra (E), Mumbai - 400 051. Symbol: TCIFINANCE Dear Sir/Madam, Sub: Clarification regarding unaudited results for the Quarter for March 31, 2026 Ref: Email of NSE dated 25-06-2026 With reference to the above subject, we hereby inform you that 1. The Financial results have been signed by authorized signatory. The certified true copy of the resolution passed by BOD in the meeting held on 25th May, 2026 is enclosed. 2. Machine Readable form/ legible copy of financial results enclosed. 3. Revised Statement of impact of audit qualification Signed by Statutory Auditor, Audit Chairman, Director and CFO. The Company does not have MD/CEO. 4. Revised Financial results in XBRL is filed on 30-06-2026. This is for your information and records. Thanking You, Yours faithfully For TCI Finance Limited S Jasminder Singh Company Secretary & Compliance officer Regd.Off : Plot No.20, Survey No.12, 4th Floor, Kothaguda, Kondapur, Hyderabad – 500081, Telangana, India e-mail: investors@tcifl.in Ph: 7901650688 CIN: L65910TG1973PLC031293 website: www.tcifl.in CERTIFIED TRUE COPY OF THE RESOLUTION PASSED AT THE MEETING OF BOARD OF DIRECTORS OF TCI FINANCE LIMITED HELD ON MONDAY, 25TH MAY, 2026 THROUGH VIDEO CONFERENCING APPROVAL OF THE STANDALONE AUDITED FINANCIAL RESULTS FOR THE FOURTH QUARTER AND YEAR ENDED MARCH 31, 2026 “RESOLVED THAT the standalone audited Financial statements of the Company for the fourth quarter and year ended March 31, 2026 along with the report be and are hereby approved, adopted and taken on record as per Clause 33 of the SEBI (LODR) Regulations, 2015 “RESOLVED FURTHER THAT Mr. Dhanpat Ram Agarwal (DIN:00322861) be and is hereby authorized to sign the same for publication in newspapers and submit to the Stock Exchanges as required under Regulation 33 and 47 of the SEBI (LODR) Regulations, 2015. //CERTIFIED TRUE COPY// FOR TCI FINANCE LIMITED S JASMINDER SINGH COMPANY SECRETARY (M.NO – 20640) Regd.Off : Plot No.20, Survey No.12, 4th Floor, Kothaguda, Kondapur, Hyderabad – 500081, Telangana, India e-mail: investors@tcifl.in Ph: 7901650688 CIN: L65910TG1973PLC031293 website: www.tcifl.in G.D. UPADHYAY & CO. CHARTERED ACCOUNTANTS 15-1-53, 1st Floor, Opp. Goshamahal High& TCI FINANCE LIMITED o 1000 Hyda {Regd. Office: Plot No 20, Survey No 12, 4th Floor, Kothaguda, &ondaptm«ja{mdg;abarf' 500081) (CIN No: 1659]0TG1973PLL031293 Phones: 040- 7120 4284;iwebsites@wwitcifl:com) Statement on Impact of Audit Qualifications submitted along-with Annual Audited Financial Results for the Financial Year ended March 31, 2026. [As per Regulation 33/ $2 of the SEBI (LODR) (Amendment) Regulations, 2016) (Rs. In Lakhs) Audited Figure (as reported Audited Figure (us L |SLNo Particulars before adjusting for xeporied after z Qualifications) :|d_|u.stmg for Qualifications) i 1| Turnover/Total Tncome 4837 4837 i [ 2 | Total Expenditure 226.72 18047.61 i 3| Net Profit/(Loss) (178.35) (17999.24) | 4 | Earnings Per Share (in (1.39) (139.83) | Rs.) (-Negative), d I 5 | Total Assets 679.17 679.17 6 | Total Liabilities 8363.91 26184.80 7 | Net Worth (7684.74) (25505.63) 1L a) Audit Qualification :1 Note no 3 of the accompanying statement regarding claims on the Company by the lenders of Amrit Jal Ventures Private Limited and Gati Infrastructure Bhasmey Power Private Limited aggregating to Rs. 25,619.80 Lakhs due to the invocation of corporate guarantee given by the Company. Against the said liability, the company during the year 2019-2020, considering the disputing nature of the claim and unlawful invocation of the corporate guarantee made a provisiori of Rs. 7,798.91 Lakhs. As at March 31, 2023, the company has disclosed the balance amount of liability Rs. 17,820.89 Lakhs as commgent liabilityi n its financial statements. In the absence of adequate basis for recognition of partial liability In our opinion the Company ought to have recognised the liability in its books. Had the liability been recognised the loss for the year and accordingly the other equily (negative balance) will be higher by Rs.17,820.89 Lakhs b) Type of Audit Qualification: Qualified Opinion ¢) Freqouf qeualinficcatiyon: i) Emphasized in March 31, 2019 Audit report and limited review of June 2019, September 2019, December 2019 and as qualification since March 31, 2020. ii) Qualification since March 31,2021 Audit Report iii) Qualification since March 31, 2022 Audit Report. iv) Qualification since March 31, 2022 Audit Report. v) Qualification since March 31, 2023 Audit Report. vi) Qualification since March 31, 2024 Audit Report. vii) Qualification since March 31, 2025 Audit Report. Branch: 38-39, 1st Floor, Gurunanak Market, G.G. Road, Nanded - 431 601 % : (02462) 242647, 09°505 d) For Audit Qualification(s) where the impact is quantified by the auditor: Management views: i) The Compuny has made a provision on an estimated basis considering the disputed nature of the claim and unlawful invocation of the corporale guarantee. i) Management of the Company is expecting 1o recover the above said balances in its entirety and is of opinion that no provision is warranted at this moment, e) For Audit Qualification(s) where the impact is not quantificd by the auditor: i) Management of the Company is in the process of identifying various alternatives/ Dlew areas to venture into for reviving the company. In view of the same, financial statements of the company have been prepared on going concern basis a) Audit Qualification :2 Note no 6 of the accompanying statement regarding preparation of the financial statements by the management on a going concern basis for the reasons stated therein. CIn o t mh pe a a nb ys e un pc oe n o if ns vu of cf ai tc iie on nt oa fn gd u a ap rp ar no tp er ei sa bte y e tv hi e d le en nc de e ra sn d o ft oh te h eli ra b ei nl ti it ti ie cs s ,d e wv eo l av re e d o fo n t ht eh e opinion that preparation of financial statements on a going concern is not appropriate. Hence, we are unable to comment on the effect on carrying value of assets and liabilities had the financial statements been prepared not as a going concern, b) Type of Audit Qualification: Qualified Opinion - ¢) Freqouf qeualinficcatiyon: i) Emphasized in March 31, 2019 Audit report and limited review of June 2019, September 2019, December 2019 and as qualification since March 31, 2020, ii) Qualification since March 31, 2021 Audit Report iii) Qualification since March 31, 2022 Audit Report. iv) Qualification since March 31,2023 Audit Report. V) Qualification since March 31, 2024 Audit Report. vi) Qualification since March 31, 2025 Audit Report. d) For Audit Qualification(s) where the impact is quantified by the auditor: Management views: i) The Company has made a provision on an estimated basis considering the disputed nature oft he claim and unlawful invocation of the corporate guarantee, ii) Management of the Company is expecting to recover the above said balances in its entirety and is of opinion that no provision is warranted at this moment. ¢) For Audit Qualification(s) where the impact is not quantificd by the auditor: i) Management of the Company is in the process of identifying various alteratives / new-areas to venture into for reviving the company. In view of the same, financial statements of the company have been prepared on going concern basis %) Audit Qualification :3 The Company had received a letter from the Reserve Bank of India to surrender the Certificate of Registration (COR) for voluntary dercgistration 2s NBFC on account aof f n uro tn h- em ra pi en rt ie on da on fc e 1 2o f m om ni tn hi sm fu om r aN ue gt m o ew nn tie nd g F tu hn e d Ns O( FNO .F ). The company had sought b) Type of Audit Qualification: Qualified Opinion ¢) Frequency of qualification: i) Emphasized in limited review ofS eptember 2021, December 2021 and in Audit Report of March 31, 2022, if) Emphasized in limited review of Jun [Showing first 8,000 characters — download PDF for full document]