Outcome of Board Meeting

Date: 11-08-2026 To, To, BSE Limited National Stock Exchange of India Limited P. J. Towers, Dalal Street, Exchange Plaza, Bandra Kurla Complex, Fort, Mumbai 400001 Bandra East, Mumbai – 400051 NSE Symbol: BORANA Scrip Code: 544404 ISIN: INE16SF01016 Sub: Outcome of Board Meeting held on Tuesday, 11th August, 2026 pursuant to Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 Dear Sir/Madam, Pursuant to Regulation 30 and other applicable provisions of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, we wish to inform you that the Board of Directors of the Company at its meeting held today, i.e., Tuesday, 11th August, 2026, which commenced at 04:00 PM and concluded at 04:30 PM, has inter-alia considered and approved the following: 1. Un-Audited Financial Results  Approved the Un-Audited Standalone Financial Results of the Company for the quarter ended June 30, 2026, and took note of the Limited Review Report issued by the Statutory Auditors as reviewed and recommended by the Audit Committee. Details Marked as Annexure-A. 2. Expansion Project at Unit 4  Approved the expansion plan at Unit 4 involving the installation of 192 Water Jet (WJ) Looms and 3 Texturizing Machines, along with the necessary ancillary machinery, to be funded through internal accruals, with commercial production targeted by December 2026. 3. Related Party Transactions  Approved Material Related Party Transactions for the Financial Year 2026-27, subject to necessary approvals, if required. 4. Directors’ Report  Approved the Board’s Report (Directors’ Report) along with all its annexures and corporate governance report for the Financial Year ended March 31, 2026. 5. Revision in Remuneration of Mr. Mangilal Ambalal Borana  Approved on the recommendation of the Nomination & Remuneration Committee the increase in remuneration of Mr. Mangilal Ambalal Borana (DIN: 01091167), Chairman and Managing Director of the Company, subject to the approval of shareholders. Details Marked as Annexure-B. 6. Revision in Remuneration of Mr. Rajkumar Mangilal Borana  Approved on the recommendation of the Nomination & Remuneration Committee the increase in remuneration of Mr. Rajkumar Mangilal Borana (DIN: 01091166), Executive Director and Chief Financial Officer of the Company, subject to the approval of shareholders. Details Marked as Annexure-C. 7. Revision in Remuneration of Mr. Ankur Mangilal Borana  Approved on the recommendation of the Nomination & Remuneration Committee the increase in remuneration of Mr. Ankur Mangilal Borana (DIN: 01091164), Executive Director and Chief Executive Officer of the Company, subject to the approval of shareholders. Details Marked as Annexure-D. 8. Convening of 6th Annual General Meeting  Approved convening the 6th (Sixth) Annual General Meeting of the shareholders of the Company on Tuesday, 29th September, 2026, through Video Conference (VC) / Other Audio-Visual Means (OAVM). 9. Appointment of Secretarial Auditor  Approved the Appointment of Ms. K. Dalal & Co., Practicing Company Secretaries, Surat (FCS 3530; CP No. 3863), as the Secretarial Auditor of the company, for performing audit of the company’s secretarial records for a term of five years beginning from 1st April, 2026 that will conclude on 31st March, 2031, subject to the approval of shareholders. Details Marked as Annexure-E. 10. Re-appointment of Statutory Auditor  Approved the Re-appointment of Ms. KSA & Co., Chartered Accountants (FRN: 003822C) as Statutory Auditors of the company for a term of five years beginning from 1st April, 2026 that will conclude on 31st March, 2031, subject to the approval of shareholders. Details Marked as Annexure-F. Kindly take the above information on your record. Thanking You, For Borana Weaves Limited Ankur Mangilal Borana Executive Director and Chief Executive Officer (DIN: 01091164) Annexure-B Disclosure as per Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirem ents) Regulations, 2015 read with SEBI Circular No. HO/49/14/14(7)2025CFDPOD2/I/37 62/2026 dated January 30, 2026 with respect to increase in Remuneration of Mr. Mangilal Ambalal Borana, Managing Director (DIN: 01091167) is as under:- Sr. No. Particulars Description 1. Reason for Change viz. appointment, Based upon the Recommendation of resignation, removal, death or otherwise Nomination and Remuneration Committee, it is proposed to increase the Remuneration to Rs. 1,50,000/- per month subject to the approval of shareholders of the company at the ensuing the Annual General Meeting. 2. Date of appointment / cessation(as Date of change in terms: Tuesday, 29th applicable)& term of appointment; September, 2026 subject to the approval of shareholders of the Company at the ensuing the Annual General Meeting. Term of appointment: There is no change in any term except increase in Remuneration. 3. Brief Profile (in case of appointment) Not Applicable. 4. Disclosure of relationship between Not Applicable. Directors (in case of appointment of a director). Annexure-C Disclosure as per Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirem ents) Regulations, 2015 read with SEBI Circular No. HO/49/14/14(7)2025CFDPOD2/I/37 62/2026 dated January 30, 2026 with respect to Increase in Remuneration of Mr. Rajkumar Mangilal Borana, Executive Director & Chief Financial Officer (DIN: 01091166), is as under:- Sr. No. Particulars Description 1. Reason for Change viz. appointment, Based upon the Recommendation of resignation, removal, death or Nomination and Remuneration otherwise Committee, it is proposed to increase the Remuneration to Rs. 1,50,000/- per month subject to the approval of shareholders of the company at the ensuing the Annual General Meeting. 2. Date of appointment / cessation(as Date of change in terms: Tuesday, 29th applicable)& term of appointment; September, 2026 subject to the approval of shareholders of the company at the ensuing the Annual General Meeting. Term of appointment: There is no change in any term except increase in Remuneration. 3. Brief Profile (in case of appointment) Not Applicable. 4. Disclosure of relationship between Not Applicable. Directors (in case of appointment of a director). Annexure-D Disclosure as per Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirem ents) Regulations, 2015 read with SEBI Circular No. HO/49/14/14(7)2025CFDPOD2/I/37 62/2026 dated January 30, 2026 with respect to Increase in Remuneration of Mr. Ankur Mangilal Borana, Executive Director & Chief Executive Officer (DIN: 01091164) is as under:- Sr. No. Particulars Description 1. Reason for Change viz. appointment, Based upon the Recommendation of resignation, removal, death or otherwise Nomination and Remuneration Committee, it is proposed to increase the Remuneration to Rs. 1,50,000/- per month subject to the approval of shareholders of the company at the ensuing the Annual General Meeting. 2. Date of appointment / cessation(as Date of change in terms: Tuesday, 29th applicable)& term of appointment; September, 2026 subject to the approval of shareholders of the company at the ensuing the Annual General Meeting. Term of appointment: There is no change in any term except increase in Remuneration. 3. Brief Profile (in case of appointment) Not Applicable. 4. Disclosure of relationship between Not Applicable. Directors (in case of appointment of a director). Annexure-E Disclosure as per Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirem ents) Regulations, 2015 read with SEBI Circular No. HO/49/14/14(7)2025CFDPOD2/I/37 62/2026 dated January 30, 2026 with respect to Appointment of M/s. K. Dalal & Co., Practicing Company Secretaries, as Secretarial Auditor is as under:- Sr. No. Particulars Description 1. Reason for Change viz. appointment, Appointment resignation, removal, death or otherwise 2. Date of appointment / cessation(as Based upon the Recommendation of applicable)& term o [Showing first 8,000 characters — download PDF for full document]