The board has considered and taken on record the un-audited financial results for the quarter ended 30th June, 2026 The meeting of board of directors commenced at 04:00 pm and concluded ....

AllZ VALLABH STEELS LIMITED Regd. Off: G.T. Road, Village Pawa, Sahnewal, Ludhiana-141 120(Punjab), India, CIN: L27109PB1980PLC004327 Tel.-+91-161-2511413, Fax: +91-161-2511414, E-mail: finh o@vallabhgroup.com, website: www.vallabhsteelsltd.in VSL: BSE: 2026-27 Dated: 11.08.2026 BSE Limited (Corporate Relationship Department) Floor-25, P.J. Towers, Dalal Street, Mumbai- 400 001 Sub: Outcome of the Board Meeting — Unaudited Financial Results for the Quarter ended 30th June, 2026 and Appointment of Additional Director of the Company Dear Sir, In reference to our letter dated 03.08.2026 and 04.08.2026 and pursuant to Regulation 33 and Regulation 30 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 on 11th August, 2026, inter-alia, considered and approved the following: 1. Un-audited Financial Results The Board of Directors considered and took on record the Unaudited Financial Results of the Company for the quarter ended 30th June, 2026, duly accompanied by the Auditors’ Limited Review Report thereon. A copy oft he Unaudited Financial Results along with the Limited Review Reportis enclosed herewith. 2. Appointment of Additional Director The Board of Directors, on the recommendation of the Nomination and Remuneration Committee, approved the appointment of Mr. Kapil Kumar Jain (DIN: 00755228) as an Additional Director in the category of Non-Executive, Non-Independent Director of the Company with effect from 11th August, 2026. Mr. Kapil Kumar Jain has been appointed pursuant to Section 161(1) of the Companies Act, 2013 and shall hold office up to the date of the ensuing Annual General Meeting of the Company or the last date on which such Annual General Meeting ought to have been held, whichever is earlier. His appointment as Director will be placed before the Members for their approval at the ensuing Annual General Meeting. The requisite disclosures/details pursuant to Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, in respect of the aforesaid appointment are enclosed as Annexure-A. We further confirm that Mr. Kapil Kumar Jain (DIN: 00755228) is not debarred from holding the office of Director by virtue of any order of SEBI or any other authority. The meeting of the Board of Directors commenced at 04:00 p.mn. and concluded at 04:45 p.m. You are requested to take the above on record and inform your members accordingly. Thanking you, Yours faithfully, For VALLABH STEELS LIMITED (Charanjit Kaur) COMPANY SECRETARY Encl.: 1. Unaudited Financial Results along with Limited Review Report 2. Amnexure-A: Disclosure regarding appointment of Mr. Kapil Kumar Jain KR Aggarwal & Associates SCO No.- 549/10 (1st Floor), Sutlej Tower Chartered Accountants Near Fountain Chownk, Opp. Petrol Pump, Cemetery Road, Ludhiana (Punjab)-141001 E-mail: - kraggarwalassociates@gmail.co LIMITED REVIEW REPORT The Board of Directors VALLABH STEELS LIMITED 1. ‘We have reviewed the accompanying statement of standalone unaudited financial results of M/s VALLABH STEELS LIMITED (‘the company), for the quarter ended 30th June 2026 being submitted by the company pursuant to the requirements of Regulation 33 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, (as amended) (“Listing Regulations”). This Statement, which is the responsibility of the company's management and approved by Board of Directors has been prepared in accordance with the recognition and measurement principles laid down in Indian Accounting Standards 34, Interim Financial Reporting (IND AS 34) prescribed under section 133 of the Companies Act, 2013 ("the Act"), read with relevant rules issued there under and other accounting principles generally accepted in India. Our responsibility is to express a conclusion on the Statements based on our review. 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. A review of interim financial information consists of making inquiries, primarily of 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 the Standards on Auditing specified under Section 143(10) of the Act, 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. Basis for qualified Conclusion 1. Trade Receivables includes, certain debtors in respect of which no provision has been made as per IND AS 109 on financial instruments by applying expected credit loss method on receivables for getting fair value of assets. 2. In absence of appropriate stock records, we are unable to comment on the valuation, ageing, obsolescence, and impairment of inventory. The inventories have been certified by management; however, compliance with Ind AS-2 --- Inventories (valuation at cost or net realizable value, which is lower) has not been independently verified. 3. No assessment as to determine whether or not a material uncertainty exists related to events or conditions that may cast significant doubt on the entity’s ability to continue as a going concern has been given to us. Accordingly, we are unable to comment upon the going concern of the entity. KR Aggarwal & Associates SCO No.- 549/10 (1st Floor), Sutlej Tower Chartered Accountants Near Fountain Chownk, Opp. Petrol Pump, f Cemetery Road, Ludhiana (Punjab)-141001 E-mail: - kraggarwalassociates@gmail.co 4. Acturial Valuation Reports has not been provided to us which is non-compliance of IND AS-19 “Employee Benefits”. In the absence of the same we are not able to ascertain the impact on the financial statements. 5. Inrespect of Property, plant & equipment. As per IND AS 36 “Impairment of Assets” company should recognize impairment loss if the carrying value of the assets in the books of account is more than recoverable amount of the assets. Further IND AS specifies that enterprise should access at the end of each financial year whether there is any indication that an asset may be impaired. No such assessment has been done by the management, in the absence of the same we are unable to comment upon the fair value of the property, plant & equipment in the books of account. 6. Short Term Trade Payables, Other Current Liabilities (including Advances from customers and other payables) are subject to confirmation. 7. Trade receivables, loans and advances given, other current assets (includes advances and other statutory receivables) are subject to confirmation. 8. Accounts of the company have been categorized as NPA. Accordingly, all bank balances subject to confirmation. Qualified Conclusion Based on our review conducted as above, except for the matters described in Basis of Qualified conclusion, 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 Regulation 33 of the SEBI (listing Obligations and Disclosure Requirements) Regualtions,2015 as amended, including the manner in which it is to be disclosed, or that it contains any material misstatement. For KR AGGARWAL & ASSOCIATES CHARTERED ACCOUNTANTS \RAN S (VI\MJA) Partner Membership No. 544757 PLACE: LUDHIANA UDIN: 26544757JFVLYJ6606 DATE : 11.08.2026 —_ Nz VALLABH STEELS LIMITED Regd. Off: G.T. Road, Village Pawa, Sahnewal, Ludhiana-141 120(Punjab), l{‘f{f‘" CIN: L27109PB1980P [Showing first 8,000 characters — download PDF for full document]