Outcome of Board Meeting

,!rlll. 7r-, TARC August 11, ?026 To. To. The General Manager The Vice President. Deptt of Ciorporate S.*i..u. National Stock Exchange of Inclia Lirnited, BSE Limitedo Exchange Plaza. P.J. orver. Dalal Street. Bandra Kurla Complex, Bandra (E) &lurnbai - 400001 Mumbai - 400051 Equity Scrip Codez 543219 Scrip Symtrol: TARC Debt Scrip Code: 9766A6 Sutlject: Outcome of Board meeting Dear Sir / Madarn. Pursuant to Regulation 30 and 5l of the SEBI (Listing Obli-eations and Disclosure Requirernents) Regulations.20l5 ('SEBI Listing Regulations'). lve rvish to intbrrn thatthe Board of Directors of 1,'ou 'IARC Limited (-"'the Cornpany") at its meeting held on today i.e. Tr-resday. August 11,2A26. arxongsl others has: Approved the un-audited Financial Resr-rlts (Standalone and flonsolidated) fbr tlre quarter ended June 30, 2026 and taken note of the limited review reports issued thereon by Statutory Auditor of the Company. ln compliance with Regulation 33 and 52 ofthe SEBI Listing Regulations. a copy ofthe Lrn-audited F inancial Results (Standalone and Consolidated) along with limited review repofis and disclosures in accordance r.vith RegLrlation 52(4) are enclosed as Annexure A, Approved and recommendecl the appointment of M/s Singhi & Co., Chartered Accourtants (Firm Registration No. 302049E), as the Statutory Auditor of the Compary to hold office for a tenn of five consecutive fiorn the conclusion of tlre l0'l'Annual General N4eeting until the conclusiorr 1'.ears of tlre I 5tr' Annual General Meeting of the Cornpany. subject to the approval of Shareholders at the ensuing 1Oth Annual General Meeting of the Cornpany. The details as required under Regulation 30 of the SEtsl Listing Regulations read w.ith SEBI Master Circular HAI19Il4l14(7\2025-CFD-I'OD2llii16212026 dated January 30" 2026 are enclosed as Annexure B. 3. Approved and recomrnended the continuation of Mr" Anil Sarin (DIN: 00016152) as Non- ExecLttive Non-independent Director of tlre Compan-y. upon attainilg the age of 75 years on December I , 2026, pursuant to Regulation I 7( I A) ol'the SEtsl Listing RegLrlations, subject to the approval of Shareholders at the ensuing l0tr' Annual General Meeting of tlre Compan,v. In conrpliance uith circular no. LIST/CO}/.P1l4l20l 8-i 9 and NSE/CML/2018124 issued by BSE Limited and National Stock Exchange of- lndia Limited respectivelv. we wish to affirm that Mr. Anil Sarin is not debarred 1'ro*r liolding the of'fice of Director bv viffr.re of any,order of SEBI or any other statutory authority. The details as required under Regulation 30 of the SEBI Listing Regulations read with SEBI Master Circular HOl49l11111(7)2025-CFD-POD2lll376212026 dated January 30,2A26 are enclosed as Annexure C. TARC LIMITED, CIN: L701OoDL2o16PLC390526 Registered Office: 2'd Floor. C-3, Qutab lnstitutional Area, Katwaria Sarai, New Delhi - 1lOO16- www.tarc.in I tarc@tarc.in | +Oll 4124 43O0 4. Approved and recommended the revision in remuneration of Mr. Amar Sarin (DIN: 00015937) as Managing Director & Chief Executive Officer of the Cornpany for the period commencing from October 1,2026 to September 30,2029, sub.ject to the approval of Shareholders at the ensuing I 0tr' Annual General Meeting of the Company. 5. Approved and recommended the re-appointment of Mrs. Muskaan Sarin (DIN:01871183) as Whole Tirne Director & Chief Brand Officer of the Company for a term of 3 consecutive years commencing from September 29, 2026 up to September 28, 2029, subject to the approval of Shareholders at the ensuing lOth Annual General Meeting of the Company. In compliance with circular no. LIST/COMPIl4l20l8-19 and NSE/CML/2018124 issued by BSE Limited and National Stock Exchange of India Limited respectively, we wish to affirm that Mrs. Muskaan Sarin is not debarred from holding the office of Director by virtue of any order of SEBI or any other statutory authority. The details as required under Regrrlation 30 of the SEBI Listing Regulatiorrs read with SEBI Master Circular HOl49ll4l|4(7)2025-CFD-POD2|I|376212026 dated January 30,2026 are enclosed as Annexure C. 6. Noted the completion of tenure of M/s Doogar & Associates, Chartered Accountants, Statutory Auditor of the company, at the conclusion of the ensuing lOth Annual General Meeting of the Company. The details as required under Regulation 30 ofthe SEBI Listing Regulations read with SEBI Master Circular HO/49114114(7)2025-CFD-POD2/113762/2026 dated January 30,2026 are enclosed as Annexure B. Approved the following arnendments to the Redernption Schedule of the Debenture Trust Deed in respect to the Company's Non-conveftible Debentures having ISIN INE0EK907050, executed between, amongst others, the Company and Catalyst Trusteeship Limited (Debenture Trustee), subject to necessary approvals, ifany: Scheduled Existing Redemption Amount Revised Redemption Amount Redemption Date (payments ov€r and above (payments over and above Coupon payments) (INR) Coupon payments) (Il\rR) 31March2026 44,08,38,323 44,08,38,323 3l March2027 66.12.57.485 66.12.57.485 31 March 2028 66,12,04,692 66,t2,04,692 31 March2029 66.12,24,000 66,12,24,400 31 March 2030 442.24.48.000 444.7 t.21.112 Approved the acquisition of 25,000 equity shares, representing the remainin g 50% equity stake, in Niblic Greens Hospitality Private Limited for an aggregate consideration of Rs 55 Lacs. Upon completion of the acquisition, Niblic Creens Hospitality Private Limited will become a wholly owned subsidiary of the Company. The details as required under Regulation 30 of the SEBI Listing Regulations read with SEBI Master Circular HO|49|I4/14(7)2025-CFD-POD2/11376212026 dated January 30,2026 are enclosed as Annexure D. Approved the noticeconveningthe 10t1'Annual General Meeting of the Company on Saturday, September 19"2026 at I l:00 A.M. (IST) through Video Conferencing/Other Audio Visual Means (VA/OAVM), in accordance with the circulars issued by the Ministry of Corporate Affairs and the Securities and Exchange Board of India. The Notice of Annual General Meeting alorrg with the Arrnual Report of the Company for the firrancial year 2025-26 will be sent only through electronic mode to all the Members/beneficial owners whose name appear in register of members/list of beneficiaries as on Friday. August 14. 2026 and whose email address are registered with the Cornpany/Depository Participant(s)/ Registrar and Share Transf'er Agent. A physical letter providirrg the web-link, including the exact path, where the corrrplete detail of the Annual Repofi is available ivill be sent to those members who have not so registered their email address. The meeting of the Board of Directors commenced at 15:30 }ks and concluded at 17:00 Hrs. We request you to kindly take the above on record. Thanking you For TARC Limited Amit Narayan Company Secretary Mem. No. 420094 Encl.: as above /naurruw. TARC LIMITED CIN : 170100D12015PLC390526 TARC Registered Office:2nd Floor, C-3, Qubb Institutional Area, Katwaria Sarai, New Delhi (lndia)-110015 Tel.: 011-41244300, E-mail:tarc@tarc.in, Website: I/\l1m.tarc.itr Unauditedstatementofconsolidated IinancialresultsfortheQuarterendedJune 3O,2O26t in Lakhs share sl. Particulars CONSOLIDATED No, QUARTER ENDED YEAR ENDED 30Jun-26 30-lun-25 31-Mar"26 3L-Mar-26 IUnaudited) (Unaudited) (Unaudited) (Audited) 1 INCOME a Revenue from operations 2t,71,2.59 7,5A9.48 20,869.84 32,9A4.07 b Other income 158.46 27,947.13 9,737.78 34,194.34 Total income (a+b) 21,477.O) 29,s36.61 30,oot,62 67,774.41 EXPENSES a Cost of land , development rights, construction and other related costs 8,742.07 1,4,350.72 23,959.7 4 70,721.52 b Changes in inventories of finished stock and prolect in progress 4,7 48.94 (1,4,246.99) 901,,94 (44,437.85) c Employees benefit expense 7,OO2.71 540.83 1,,020.04 3,079.29 d Finance costs 1.,7 59.47 1,,527.88 1,52t.37 5,261.02 e Depreciation and amortisation 209.53 240,8O 289.69 1,010.36 f Other expenses 3,160.62 18,977.14 4,074.60 30,118.07 Total expenses (a to f) 79,673.34 2L349. [Showing first 8,000 characters — download PDF for full document]