Outcome of Board Meeting held on August 10, 2026

PATEL ENGINEERING LTD. CIN: L99999MH1949PLC007039 August l 0, 2026 Bombay Stock Exchange Ltd., The National Stock Exchange of India Ltd., Phiroze Jeejeebhoy Towers, Exchange Plaza, Dalal Street, Bandra -Kurla Complex, Mumbai - 40000 l Mumbai - 400051 BSE Scrip Code: 531120 NSE Symbol: PATELENG Dear Sirs, Sub: Outcome of the Board Meeting held on August 10, 2026 Further to our letter dated August 03, 2026 regarding intimation of the Board Meeting to be held on Monday, August l 0, 2026, inter alia, to consider and approve the unaudited (Standalone and Consolidated) Financial Results of the Company for the quarter ended June 30, 2026, the Board of Directors at their meeting held on August l 0, 2026, transacted the following items of business: Financial Results The Board of Directors of the Company has inter-alia considered and approved Un-audited (Standalone and Consolidated) Financial Results of the Company for the quarter ended June 30, 2026. Pursuant to Regulation 30, 33 and 52 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 ('Listing Regulations'), please find enclosed herewith Un-audited Financial Results (Standalone and Consolidated) of the Company for the quarter ended June 30, 2026 and the Limited Review Report issued by M/s. Vatsaraj & Co., the Statutory Auditors of the Company. Further, following are enclosed in compliance with Regulations pertaining to Company's listed NCDs: i. Security cover certificate including compliance with financial covenants in respect of listed NCDs issued by the Statutory Auditor in terms of Regulation 54(3) and 56(1) (d) of SEBI Listing Regulations. ii. Statement indicating the utilization of issue proceeds of listed NCDs and material deviation if any under Regulation 52(7) and 52(7 A) of SEBI Listing Regulations. The Board Meeting commenced at t2.' 2-n and concluded at ) , So p.fYJ p-(Y). We request you to take the same on your records. Thanking you, Yours truly, For Patel Engineering Ltd. Shobha Shetty Company Secretary and Compliance Officer Membership No. Fl 0047 REGO. OFFICE: Patel Estate Road, Jogeshwari (W), Mumbai - 400 102. India Phone +91 22 26767500, 26782916 Fax +91 22 26782455, 26781505 Email headoffice@pateleng.comWebsite: www.pateleng.com Vatsamj & Co. CHARTERED /\CCOUNT/\NTS IN DIA Independent Auditor's Review Report on the Quarterly Unaudited Standalone Financial Results of Patel Engineering Limited pursuant to Regulation 33 and Regulation 52 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, as amended To the Board of Directors of Patel Engineering Limited 1. We have reviewed the accompanying statement of Unaudited Standalone Financial Results of Patel Engineering Limited (the "Company"), which includes interim financial information of 42 joint operations consolidated on a proportionate basis for the quarter ended June 30, 2026 (the "Statement"). being submitted by the Company pursuant to the requirements of Regulation 33 and 52 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, as amended (the "Listing Regulations"). 2. This Statement, which is the responsibility of the Company's Management and approved by the Company's Board of Directors, has been prepared in accordance with the recognition and measurement principles laid down in the Indian Accounting Standard 34, "Interim Financial Reporting" ("Ind AS 34") prescribed under Section 133 of the Companies Act, 2013 as amended, read with relevant rules issued thereunder and other accounting principles generally accepted in India and in compliance with Regulations 33 and 52 of the Listing Regulations. Our responsibility is to express a conclusion on the Statement based on our review. 3. \/Ve c.o11JudeJ our review of the Stotement in occordance with the Stcmciord on Review Engagements (SRE) 2410 'Review of Interim Financial lnformc1tion Performed by the Independent Auditor of the Entity' issued by the Institute of Chartered Accountants of India (ICAI). This standard requires that we plan and perform the review to obtain moderate assurance as to whether the Statement is free from material misstatement. A. review of interim financial information consists of making inquiries, primarily of the Company's personnel responsible for financial and accounting matters and applying analytical and other review procedures. A review is substantially less in scope.than an audit conducted in accordance with Standards on Auditing specified under Section 143(10) of the Companies Act, 2013 and consequently does not enable us to obtain assurance that we would become aware of all significant matters that might be identified in an audit. Accordingly, we do not express an audit opinion. 4. Based on our review conducted as stated in paragraph 3 above and based on the consideration of the review reports of other auditors referred to in paragraph 5 below, nothing has come to our attention that causes us to believe that the accompanyin·g Statement, prepared in accordance with the recognition and measurement principles laid down in Ind AS 34 specified under Section 133 of the Companies Act, 2013 as amended, read with relevant rules issued thereunder and other accounting principles generally ac1epted in India, has not disclosed the information required to be disclosed in terms of Regulqtions 33 and 52 of the Listing Regulations, including the manner in which it is to be disclosed, or that it contains any material misstatement. Andheri: Fort: 204-205, lnizio Business Centre, 1st Floor, Fort Chambers, Phone : +91 22 6978 3900 Cardinal Gracious Rood, Chokolo, C Block, Tamarind Lone, E-mail : odmin@votsorajco.com Andheri East, Mumbai - 400099. Fort, Mumbai - 400023. Website : www.votsorojco.com \ ,',1ts 'lt-..1J· & Cc) I CHARTERED ( , ( C , ACCOUNTANTS 5. We did not review the financial result/information in respect of a. The Real Estate Division of the Company included in the Statement whose unaudited interim financial results reflect total revenue of Rs. 0.47 Million, total net profit after tax of Rs. {54.54) Million and total comprehensive income of Rs. {54.54) Million for quarter ended June 30, 2026 as considered in the Statement which have been reviewed by the Branch auditor. b. 25 joint operations whose interim financial results reflect Company's Share in total revenue of Rs. 1746.18 Million, total net profit after tax of Rs. 2.80 Million and total comprehensive income of Rs. 2.80 Million for the quarter ended June 30, 2026, as considered in the Statement which have been reviewed by their respective auditors. The independent auditors' reports on unaudited interim financial result/ financial information of these entities referred in Para 5 above have been furnished to us by the Management and our conclusion on the Statement, in so far as it relates to the amounts and disclosures in respect of these entities is based solely on the report of such auditors and the procedures performed by us as stated in para 3 above. Our conclusion on the Statement is not modified in respect of the above matter. 6. We did not review the interim financial results of 16 joint operations included in the statement whose interim financial results reflect the Company's share in total revenue of Rs. 1,351.13 Million, total net profit after tax of Rs. 0.19 Million and total comprehensive income of Rs. 0.19 Million for the quarter ended June 30, 2026, as considered in the Statement. These unaudited interim financial results are not reviewed by their auditors and have been furnished to us by the Management of the Company and our conclusion in so far it relates to the amo"unts and disclosures included in respect of these joint operations, is based solely on such unaudited interim financial information certified by the Management of the respective entities. According to the information and explanations given to us by the Company's Management, these unaudited interim financial results are not material to the Company. [Showing first 8,000 characters — download PDF for full document]