Unaudited Standalone and Consolidated Financial Results for the quarter ened 30 June, 2026

REGD. AND CORP. OFF.: PLOT NO. 918, SECTOR-68 IMT FARIDABAD-121004, HARYANA (INDIA) PHONE: 91-129-4296500 E mail: sales@studds.com, info@studds.com, secretarial@studds.com CIN No.: L25208HR1983PLC015135 Date: August 08, 2026 To, To, National Stock Exchange of India Ltd., BSE Limited Exchange Plaza, C-1, Block G, Phiroze Jeejeebhoy Towers Bandra Kurla Complex, Dalal Street Bandra (E), Mumbai – 400 051 Mumbai- 400001 NSE Scrip Symbol: STUDDS BSE Scrip Code: 544599 Subject: Outcome of the Board Meeting held on Saturday, August 08, 2026 Pursuant to Regulation 30 and 33 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 (the "SEBI Listing Regulations"), as applicable read with Schedule III of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, as amended from time to time (“SEBI LODR Regulation”), we wish to inform that the Board of Directors of the Company, at its meeting held today i.e. Saturday, August 08, 2026, has, inter-alia, considered and approved, the following: I. Unaudited Financial Results (Standalone and Consolidated) for the quarter ended on June 30, 2026. A copy of the said results (Standalone and Consolidated) along with the Limited Review Reports are enclosed herewith in compliance with Regulation 33 of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015. II. Further investment in SMK Helmets Europe SRL, a Wholly Owned Subsidiary, amounting upto EUR 10,00,000. III. Further investment in Bikerz US Inc., a Wholly Owned Subsidiary, amounting to USD 99,936 basis valuation report. The details as required under the SEBI Listing Regulations read with SEBI Circular No. SEBI/HO/49/14/14(7)2025-CFD-POD2/I/3762/2026 dated January 30, 2026 are enclosed as an Annexure-A. The Board Meeting commenced at 05:45 P.M. (IST) and concluded at 06:25 P.M. (IST). This will also be available on the website of the Company at www.studds.com under Investor Relations’ Section. This is submitted for your information & records. Thanking You, FOR STUDDS ACCESSORIES LIMITED ASHA MITTAL Company Secretary and Compliance Officer www.studds.com Annexure-A Details required under SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 read with SEBI Circular No. SEBI/HO/49/14/14(7)2025-CFD-POD2/I/3762/2026 dated January 30, 2026: II. Further investment in SMK Helmets Europe SRL, a Wholly Owned Subsidiary, amounting upto EUR 10,00,000. Sr. Particulars Details 1. Name of the target entity, details in Name of Target SMK Helmets brief such as size, turnover etc. Company Europe SRL Existing capital EUR 3,00,000 Turnover for FY Nilas the company 2025-26 was incorporated on 22.05.2026 and operations has not been commenced yet. 2. Whether the acquisition would fall SMK Helmets Europe SRL is a “Related within related party transaction(s) Party” of the Company being a Wholly and whether the promoter/ owned Subsidiary (‘WOS’) of the promoter group/ group companies Company. have any interest in the entity being acquired? If yes, nature of interest Mr. Sidhartha Bhushan Khurana (Promoter and details thereof and whether the and Managing Director of the Company) is same is done at "arm's length" the Director of SMK Helmets Europe SRL and Mr. Madhu Bhushan Khurana and Ms. Shilpa Arora (Promoter and Directors of the Company) are related to Mr. Sidhartha Bhushan Khurana being his Father and Sister respectively. Except as disclosed above, none of the Promoter(s) or Members of the Promoter Group or Directors of the Company are interested, financially or otherwise, in SMK Helmets Europe SRL. The proposed transaction is at arm’s length basis. 3. Industry to which the entity being SMK Helmets Europe SRL’s principal acquired belongs business activity is importation, distribution and sales of products of Studds Accessories Limited in Europe. 4. Objects and impact of acquisition The Company intends further investment (including but not limited to, of capital for future business expansion disclosure of reasons for acquisition plans of SMK Helmets Europe SRL which of target entity, if its business is further support us to strengthen our outside the main line of business of distribution network in Europe. the listed entity) The Business of Wholly owned Subsidiary is not outside the main line of business of our Company . 5. Brief details of any governmental or None. regulatory approvals required for the acquisition 6. Indicative time period for completion On or before March 31, 2027, the of the acquisition remittance will be done in one or more tranches. 7. Consideration- whether cash Cash consideration. consideration or share swap or any other form and details of the same 8. Cost of acquisition and/or the price Total Consideration is upto EUR 10,00,000 at which the shares are acquired (Euro Ten Lakh only). 9. Percentage of shareholding/ control It will remain 100% shareholding. acquired and/or number of shares acquired; 10. Brief background about the entity SMK Helmets Europe SRL was acquired in terms of products/ line of incorporated on May 22, 2026, as a business acquired, date of Limited Liability Company under the laws incorporation, history of last 3 years of the Republic of Italy. Its registered office turnover, country in which the is situated at Reggio Emilia (RE) Via acquired entity has presence and any Ruggero Da Vezzano 29/3 CAP 42123. other significant information (in brief); Nature of business: SMK Helmets Europe SRL’s principal business activity is importation, distribution and sales of products of Studds Accessories Limited in Europe. III. Further investment in Bikerz US Inc., a Wholly Owned Subsidiary, amounting to USD 99,936. Sr. No. Particulars Details 1. Name of the target entity, details in Name of Target Bikerz US, Inc. brief such as size, turnover etc. Company Authorized capital USD 5 5,000 common stocks of USD 0.001 each Issued and Paid-up USD 1.62 capital 1,619 common stocks of USD 0.001 each Turnover for FY 2025- INR 8.77 (in Crore) 2. Whether the acquisition would fall Bikerz US, Inc. (hereinafter called as ‘Bikerz’) is a within related party transaction(s) and “Related Party” of the Company, being a Wholly whether the promoter/ promoter owned Subsidiary (‘WOS’) of the Company. group/ group companies have any Ms. Shilpa Arora (Promoter and Director of the interest in the entity being acquired? Company) is the President, Chief Executive Officer, If yes, nature of interest and details Secretary and Director of the Bikerz and Mr. Madhu thereof and whether the same is done Bhushan Khurana and Mr. Sidhartha Bhushan at "arm's length" Khurana (Promoter and Directors of the Company) are related to Ms. Shilpa Arora being her Father and Brother respectively. Except as disclosed above, none of the Promoter(s) or Members of the Promoter Group or Directors of the Company are interested, financially or otherwise, in Bikerz. The proposed transaction is at arm’s length basis. 3. Industry to which the entity being Bikerz’s principal business activity is importation, acquired belongs distribution and sales of SMK Helmets and accessories throughout the United States of America. SMK is a brand of Company. 4. Objects and impact of acquisition The Company intends further investment of capital for (including but not limited to, future business expansion plans of Bikerz US Inc. which disclosure of reasons for acquisition of further support us to strengthen our distribution target entity, if its business is outside network in USA. the main line of business of the listed The Business of Wholly owned Subsidiary is not outside entity) the main line of business of our Company 5. Brief details of any governmental or None regulatory approvals required for the acquisition 6. Indicative time period for completion On or before September 30, 2026. of the acquisition 7. Consideration- whether cash Cash consideration consideration or share swap or any other form and details of the [Showing first 8,000 characters — download PDF for full document]