Outcome of Board Meeting

Ref No.: ADL/SE/26-27/30 Dat: August 11, 2026 To, To, The Manager The Manager Corporate Relationship Department Listing Department BSE Limited National Stock Exchange of India Limited Floor 25, Phiroze Jeejeebhoy Towers, Exchange Plaza, Bandra Kurla Complex Dalal Street, Bandra (East), Mumbai - 400 001 Mumbai - 400 051 BSE Scrip Code -544261 NSE Symbol :ARKADE Dear Sir/Madam, Sub-: Outcome of Board Meeting Ref: Our Intimation Letter dated August 06, 2026 With reference to the above intimation, we wish to inform you that pursuant to Regulation 30 and Regulation 33 of Securities and Exchange Board of India (Listing Obligations and Disclosure Requirement) Regulations, 2015, the Board of Directors of the Company at their Meeting held on, Tuesday, August 11, 2026 has: 1. Considered and Approved the Unaudited Standalone and Consolidated Financial Results of the Company for the Quarter ended June 30, 2026 duly reviewed by Audit Committee. A copy of the unaudited Financial Results for the quarter ended June 30, 2026 and Limited Review Report issued by Statutory Auditors of the Company are enclosed herewith. The meeting of the Board of Directors of the Company commenced at 12.00 Noon and concluded at 4.15 P.M. You are requested to take the above information on your records. Thanking You, For Arkade Developers Limited Sheetal Solani Company Secretary and Compliance Officer Membership No: A45964 MITTAL & ASSOCIATES B-603, Raylon Arcade, RK Mandir Road, CHARTERED ACCOUNTANTS Kondivita, JB nagar Andheri (East), Mumbai –400059 Tel : 8689958800 Email : audit@mittal-associates.com Limited Review Report on unaudited Standalone Financial Results of Arkade Developers Limited for the quarter ended 30 June 2026, pursuant to the Regulation 33 and 52 of SEBI (Listing Obligation and Disclosures Requirements) Regulations, 2015 (as amended) The Board of Directors of Arkade Developers Limited 1. We have reviewed the accompanying statement of unaudited standalone financial results (“the Statement”) of Arkade Developers Limited (“the Company”) for the quarterended 30 June 2026, attached herewith, being submitted by the Company pursuant to the requirement of Regulation 33 and 52 of the SEBI (Listing Obligations and Disclosure Requirement) Regulations, 2015, as amended (“Listing Regulations”). 2. Management responsibility This Statement 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 read with relevant rules issued thereunder and other accounting principles generally accepted in India and other accounting principles generally accepted in India and in compliance with Regulation 33 and 52 of the Listing Regulations. 3. Auditor’s responsibility Our responsibility is to express a conclusion on the Statement based on our review We conducted our review of the Statement in accordance with the Standard on Review Engagement (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 from material misstatement. A review of internal 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 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. Emphasis of Matter We draw attention to Note iv to the Statement of Unaudited Financial Results, which describes the alleged diversion of customer transactions, alleged wrongful financial gain through brokerage and vendor-related transactions and alleged forgery of agreements relating to additional car parking transactions involving a former employee of the Company. An FIR has been registered with the appropriate authorities, and the matter is presently under investigation. The ultimate outcome of the matter and its consequential financial impact, if any, cannot presently be determined. Our conclusion is not modified in respect of this matter. 5. Conclusion Based on our review as stated in paragraph 3 above, nothing has come to our attention that causes us to believe that the accompanying Statement, prepared in accordance with the recognition and measurement principles laid down in the aforesaid Indian Accounting Standard and other accounting principles generally accepted in India has not disclosed the information required to be disclosed in terms of the Listing Regulations, including the manner in which it is to be disclosed, or that it contains any material misstatement. For Mittal & Associates Chartered Accountants Firm's Registration Number: 106456W Digitally signed by SOURABH SOURABH BAGARIA BAGARIA Date: 2026.08.11 16:21:20 +05'30' Sourabh Bagaria Partner Membership No. 183850 UDIN: 26183850DRWMLU2892 Place: Mumbai Date: August 11, 2026 KADE Arkade Developers Limited Statement of Unaudited Standalone Financial Results for the Quarter ended June 30, 2026 (Rs. in Lakhs except EPS) Quarter Ended Year Ended Particulars June 30, 2026 March 31 2026 June 30 2025 March 31 2026 I 1 1 (Unaudited) (Audited) (Unaudited) (Audited) REVENUE: I Revenue from operations 14,697.04 19,862.64 15,944.58 81,608.81 II Other Income 169.59 196.35 610.14 1,195.92 Ill Total Income 14,866.63 20,058.99 16,554.72 82,804.73 IV EXPENSES: Cost of Construction 10,411.25 14,276.70 22,707.96 56,852.15 Change in Inventories 15.03 (397.51) (11 ,373.7 0) (405.61) Employee benefits expense 908.94 1,063.46 635.43 3,150.32 Finance Cost 20.59 33.47 21.50 89.08 Depreciation & Amortisation 317.90 294.42 192.87 1,022.09 Other expenses 568.88 945.25 550.51 3,098.20 Total Expenses (IV) 12,242.59 16,215.79 12,734.57 63,806.23 v Profit before Exceptional Items (Ill • IV) 2,624.04 3,843.20 3,820.15 18,998.50 VI Exceptional Items Diminution in value of Investment (Refer Note (iii)) 18,217.09 18,217.09 VII Profit before Tax· (V-IV) 2,624.04 (14,373.89) 3,820.15 781.42 VIII Less: Tax Expenses: -Current Tax 697.44 (3,493.10) 1,009.97 465.42 -Deferred Tax Assets I (Liability) 83.15 (46.05) (65.35) (102.87) -Taxation of Earlier Years (77.90) 0.07 (115.10) Total Tax Expenses (VIII) 702.69 {3,539.08) 944.62 247.45 IX Profit/(Loss) for the Period (VII-VIII) 1,921.35 (1 0,834.81) 2,875.53 533.96 X Other Comprehensive Income (OCI) Items that will not be reclassified subsequently to profit or loss Remeasurement'of defined employee benefit plans 3.00 (8.85) 2.38 12.01 Income tax on above (0.75) 2.23 (3.02) Total other comprehensive loss/(lncome) for the Period 2.25 (6.62) 2.38 8.99 XI Total comprehensive (loss)fincome for the Period (IX· X) 1,919.10 (10,828.19) 2,873.15 524.98 XII Paid-up Equity Capital (Face value off 10 /· per share) 18,566.36 18,566.36 18,566.36 18,566.36 XIII Other Equity 69,645.89 XIV Earnings per equity share (Face value off 10/· per share) (1) Basic(~) 1.03 (5.84) 1.55 0.29 (2) Diluted (~) 1.03 (5.84) 1.55 0.29 For and on behalf of the Board of Directors Arkade Developers Limited Am it Jain Chairman & Managing Director Place: Mumbai (DIN: 00139764) Pate : 11th August 2026 Notes to Unaudited Standalone Financial Results for the quarter ended June 30, 2026 The above Unaudited Standalone financial results for the Quarter endedJun, 30 2026 have been reviewed by the Audit Committee and approved by the Board of Directors at its meeting held on 11th Aug 2026. The statutory auditors have expressed an unmodified audit [Showing first 8,000 characters — download PDF for full document]