Outcome of the Board Meeting dated 11th August, 2026

MIL/2026-27/110 11th August 2026 BSE Limited Corporate Relationship Department 1st Floor, New Trading Ring Rotunda Building, P J Towers Dalal Street, Fort Mumbai - 400001. Scrip Code: 515059 Scrip ID: MADHUDIN Dear Sir/Madam, Sub: Board Meeting Outcome In continuation to our letter No. MIL/2026-27/99 dated 3rd August 2026 and pursuant to Regulation 33 of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015, we would like to inform that the Board of Directors of the Company at their meeting held today i.e. on 11th August 2026 has: 1. Considered and approved the Unaudited Financial Results of the Company for the quarter ended on 30th June 2026 which were recommended by the Audit committee at its meeting held on even date. We are enclosing herewith the Unaudited Financial Results along with Limited Review Report by Statutory Auditors of the Company for the quarter ended 30th June 2026. 2. Decided to convene 80th Annual General Meeting on Wednesday, 9th September 2026. The meeting commenced at 12:00 p.m. and concluded at 12:45 p.m. Kindly take the same on your records. Thanking you, For Madhusudan Industries Limited Mitushi Shah Company Secretary & Compliance Officer Encl: As Above Madhusudan Industries Limited Madhusudan House, Opp. Navrangpura Telephone Exchange, Ahmedabad-380 006. Tel: +91 79 26449781, +91 79 26427287 Email: madhusudan_i@yahoo.in Website: www.madhusudan-india.com CIN: L29199GJ1945PLC000443 STATEMENT OF UNAUDITED FINANCIAL RESULTS FOR THE QUARTER ENDED 30TH JUNE, 2026 ( Rs. In Lakhs) - Previous Quarter Ended Particulars Year Ended Sr. 30.06.2026 31.03.2026 30.06.2025 31.03.2026 No. (Unaudited} (Audited} (Unaudited} (Audited) INCOME I Revenue from Operations 33.63 33.63 31.96 132.92 II Other Income 423.71 22.31 295.61 107.95 Ill Total Income (I+ II ) 457.34 55.94 327.57 240.87 IV EXPENSES (a) Cost of Materials consumed - - - - (b) Purchases of Stock-in-Trade - - - - (c) Changes in inventories of finished goods, work-in-progress and stock-in-trade - - - - (d) Employee benefits expenses 17.55 17.33 15.92 74.14 (e) Finance costs - - - - (f) Depreciation and amortization expenses 2.00 2.13 2.11 8.62 (g) Other expenses 5.91 194.57 6.54 213.93 Total Expenses (IV) 25.46 214.03 24.57 296.69 v Profit/(Loss) before exceptional items and tax (111-IV·) 431.88 (158.09) 303.00 (55.82) VI Exceptional Items - - - VII Profit/(Loss) before tax ( V-VI ) 431.88 {158.09) 303.00 (55.82) VIII Tax expenses:: ---- Current Tax 7.17 5.40 6.71 29.29 ---- Deferred Tax 101.53 (45.22) 69.49 (43.41) ---- Income Tax (Prior Years) - (0.01) - (0.01) Total Tax Expenses 108.70 {39.83) 76.20 {14.13) IX Profit/(Loss) for the period from continuing operations after tax (VII-VIII) 323.18 {118.26) 226.80 (41.69) x Profit/ ( loss ) from discontinued operations - - - - XI Tax expense of discontinued operations - - - - XII Profit/ ( loss ) from discontinued operations ( after tax ) ( X-XI ) - - - - XIII Net Profit/(Loss) for the period ( IX+Xll ) 323.18 (118.26) 226.80 (41.69) XIV Other Comprehensive Income ( OCI ) (0.82) 2.19 (0.69) (3.26) A. Items that will not be reclassified to profit or loss ( Net of tax) (0.82) 2.19 (0.69) (3.26) B. Items that will be reclassified to profit or loss (Net of tax) - - Total Comprehensive Income for the period ( Xlll+XIV) comprising Profit/( loss) and xv 322.36 {116.07) 226.11 (44.95) other copmrehensive income for the period (Xlll+XIV) XVI Paid-up Equity Share Capital ( F V Rs.5/-per share) 268.75 268.75 268.75 268.75 XVII Other Equity (excluding Revaluation Reserve) 2471.89 XVIII Earnings per equity share (EPS for the Quarter not annualised): (1) Basic (Rs.) 6.01 (2.20) 4.22 (0.78) (2) Diluted (Rs.) 6.01 (2.20) 4.22 (0.78) By Order of the Board of Directors For, Madhusudan Industries Limited Date: 11th August, 202f Place : Ahmedabad Premchand Surana Director (Non-Executive) (DIN : 06508125) Regd. Office: Survey No. 359/B, 359/C, 361 & 362, Rakhial; Pin -382 315, Taluka : Dehgam, Dist.: Gandhinagar (India) Phone : (02716) 267270 MADHUSUDAN INDUSTRIES LIMITED Notes to the Statement of Unaudited Financial Results for the Quarter ended 30th June, 2026 1. These unaudited financial results of the Company for the qua11er ended 30111 June, 2026 have been reviewed by the Audit Committee and then approved by the Board of Directors at their respective meetings held on 11111 August, 2026. The Statutory Auditors of the Company have conducted a limited review of the unaudited financial results for the quarter ended 30th June, 2026 and have issued an unmodified review opinion on these financial results. 2. The above unaudited financial results have been prepared in accordance with the recognition and measurement principles of the Companies Indian Accounting Standards ("Ind AS") as prescribed under Section 133 of the Companies Act, 2013 read with the Companies (Indian Accounting Standards) Rules, 2015 as amended and other recognised accounting practices and policies to the extent applicable. 3. Other Income includes Gain/Loss on fair valuation of investments. 4. The figures for the three months ended 31st March, 2026 as repo11ed in these unaudited financial results are the balancing figures between audited figures in respect of the full previous financial year and the published year to date figures up to the third quarter of the previous financial year. The figures up to the end of the third quarter of previous financial year had only been reviewed and not subjected to audit. 5. The Company's operations comprise of income from lease of the Company's prope11ies located at its registered office. Accordingly, there are no separate reportable segments as required under Ind AS 108 "Operating Segment". 6. Figures of the previous periods have been regrouped/ reclassified I restated wherever considered necessary. By Order of the Board of Directors For, Madhusudan Industries Limited Date: 11th August, 2026 Premchand Surana Place: Ahmedabad (Non- Executive Director) (DIN: 06508125) N. M. NAG.RI & CO. CHARTERED ACCOUNTANTS 'A' Block, 5th Floor, A-1 & A-2, Safal Profitaire, Opp. Prahlad Nagar Garden, Near Hotel Ramada, Prahlad Nagar, Ahmedabad-380 015 Tele:(079) 45864721 +E-mail: nmnagri@hotmail.com Independent Auditor's Review Report on the Quarterly Unaudited Financial Results of Madhusudan Industries Limited Pursuant to the Regulation 33 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 (as amended) Review Report to The Board of Directors Madhusudan Industries Limited I. We have reviewed the accompanying Statement of unaudited Financial Results of Madhusudan Industries Limited (the 'Company') for the quarter ended 301 h June, 2026 (the 'Statement') attached herewith, being submitted by the Company pursuant to the requirements of Regulation 33 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, as amended (the Listin5 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 Indian Accounting Standard-34, "Interim Financial Reporting" ('Ind AS 34'), prescribed under Section 133 of the Companies Act, 2013 (the 'Act'), as amended, read with relevant rules issued thereunder and other accounting principles generally accepted in India and is in compliance with Regulation 33 of the Listing Regulations. Our responsibility is to express a conclusion on the Statement based on our review. 3. We conducted our review of 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", issued by the Institute of Chartered Accountants of India. This Standard requires that we plan and perform the review to obtain moderate assurance as to whether the Statement is free of material misstate [Showing first 8,000 characters — download PDF for full document]