Outcome of Board Meeting

GIOba/vECTRA / !JD@UO@@[EffJ HangarNo.C-He/Hf, Ref: - GVHLlREG33_SEBI/UFR_300626/SE/2026-2027 AirportsAuthorityof India, CivilAerodrome,Juhu, Date: 11thAugust, 2026 Mumbai-400056.INDIA Tel. :+91-22-61409200/201 To, Fax: +91-22-61409253 BSE Limited The National Stock Exchange of Email:globalhelicorp@gvhl.in Listing Department India Limited Listing Department www.globalhelicorp.com Phiroze Jeejeebhoy Towers, Exchange Plaza, Corporate Identification No. (CIN): 1stFloor, Rotunda Building, Bandra Kurla Complex, L62200DL1998PLC093225 Dalal Street, Bandra (East), Mumbai -400 001 Mumbai -400 051 Scrip code No.: -532773 Symbol: -GLOBALVECT Dear Sir, Sub: - Outcome of Board Meeting held on 11th August 2026 Pursuant to Regulation 30, 33 and Schedule III (Part A) of SEBI (Listing Obligations and Disclosures) Regulations, 2015, we wish to inform you that the meeting of the Board of Directors held on August 11, 2026 has inter-alia considered and approved; 1. Unaudited Financial Results for the quarter ended 30thJune, 2026, along with Limited Review Report issued by Statutory Auditor ofthe Company. 2. The 28thAnnual General meeting of the Company will be held on Tuesday, 29th September, 2026. 3. Re- appointment of Lt. Gen. Sarab Jot Singh Saighal (Retd.) (DIN - 01518126), Chairman of the Company for a period of One year commencing from 1st October, 2026 up to and inclusive of 30th September, 2027 subject to approval of shareholders. The details under SEBI LODR read with SEBI Master Circular No. HO/49/14/14(7)2025-CFDPOD2/1/3762/2026 dated 30th January 2026 enclosed asAnnexure I. 4. Appointment of Mr. Michael Lewis Edwin Barber, as a Chief Executive Officer of the Company, under the Companies Act, 2013 for a period of One year from 11thAugust, 2026 to 10thAugust 2027 (both days inclusive) subject to approval of shareholders. The details under SEBI LODR read with SEBI Master Circular No. HO/49/14/14(7)2025-CFDPOD2/1/3762/2026 dated 30th January 2026 is enclosed as Annexure II. 5. Appointment of Mr. Hemang Rishi (DIN: 09838892), who isappointed as an Additional Director of the Company with effect from August 11, 2026 be and is hereby appointed as a Non-Executive Director and Non-Independent Director of the Company The details as under SEBI LODR read with SEBI Master Circular No. HO/49/14/14(7)2025-CFDPOD2/1/3762/2026 dated 30th January 2026 is enclosed asAnnexure III. The meeting commenced at 11.30 p.m. and concluded at 5.45 p.m. Thanking You, Yours Faithfully, For Global Vectra Helicorp Limited Raakesh Soni Company Secretary ~"s\"STE"~CL: -AS ABOVE '" "'c> ISO9001=ISO 14001 ISO 45001 Regd. Office: A-54, Kailash Colony, New Delhi - 110048. INDIA GLOBAL VECTRA HELICORP LIMITED Corporate Office: HangarNo.C-HelHf, AirportsAuthorityoflndia, CivilAerodrome,Juhu,Mumbai400056. RegisteredOffice: A-54, KailashColony,NewDelhi I10048. CIN:L62200DLI998PLC093225 STATEMENT OF UNAUDITED FINANCIAL RESULTS FOR THE QUARTER ENDED 30th JUNE 2026 (Rs inLakhs) Previous Year Quarter Ended Ended Particulars No. 30thJune, 2026 31stMarch, 2026 30thJune, 2025 31stMarch, 2026 (Audited) (Unaudited) (Unaudited) (Audited) (refer Noteno.7) I Revenuefromoperations 13,071.35 12,751.01 12,934.80 52,140.90 II Otherincome(referNoteno.2) 613.38 3,775.12 186.51 5,534.57 JJ] Total Income 13,684.73 16,526.13 13,121.31 57,675.47 TV Expenses (a)Helicoptermaintenance 3,634.14 3,773.58 3,476.98 15,289.43 (b)Leaserentals 2,564.83 1,910.03 2,305.43 7,964.21 (c)Employeebenefitsexpense(referNoteno.3) 3,131.26 3,162.37 3,518.05 13,866.33 (d)Financecosts 1,034.61 975.48 715.86 3,656.14 (e)Depreciation andAmortisationExpense 2,472.04 3,045.04 1,699.23 8,724.45 (f)Otherexpenses (referNoteno.2) 2,584.29 4,730.03 2,700.73 12,964.63 Total expenses 15,421.17 17,596.53 14,416.28 62,465.19 V Profit/CLoss) before exceptional items and tax (III -IV) (1,736.44) (1,070.40) (1,294.97) (4,789.72) VI Exceptional Items(referNoteno.3) - (156.39) - (156.39) VII Profit/CLoss) before tax (V-VI) (1,736.44) (914.01) (1,294.97) (4,633.33) VIII Tax expenses - - - (I) Currenttax - (2)Prioryeartaxadjustment - (1.34) - 75.11 (3)Deferred tax (551.63) (353.93) (352.43) (1,479.60) IX Profit/CLoss) for the period (VII-VIII) (1,184.81) (558.74) (942.54) (3,228.84) X Other Comprehensive Income a) Items that will not bereclassified to profit or loss (46.44) 255.92 (46.44) 116.61 Remeasurement ofDefinedBenefitplans Incometaxrelatingtoitemsthatwillnotbereclassified to 16.23 (89.43) 16.23 (40.75) profitorloss b) Items that will bereclassified toprofit or loss (163.74) 186.14 61.20 332.68 Theeffectiveportionofgainorlossonhedginginstruments Incometaxrelatingtoitemsthatwillbereclassified toprofit 57.22 (65.04) (21.39) (116.25) orloss Other Comprehensive Income (136.73) 287.59 9.60 292.29 XI Total Comprehensive Income for the period (IX+X) (1,321.54) (271.15) (932.94) (2,936.55) xn Paidupequitysharecapital(facevalueofRs 10/-pershare) 1,400.00 1,400.00 1,400.00 1,400.00 XIII OtherEquity 2,210.31 EarningsPerShare(facevalueofRs 10/-each)(not annualised): (I) Basic(Rs.) (8.46) (3.99) (6.73) (23.06) (2)Diluted(Rs.) (8.46 (3.99) (6.73 (23.06) NOTES TO UNAUDITED FINANCIAL RESULTS FOR THE QUARTER ENDED 30JUNE, 2026 Notes: I Theabove results whichareprepared andpublished inaccordance withRegulation 33oftheSEBI(Listing Obligations andDisclosure Requirements), 2015, asamended have beenreviewed bytheAudit Committee andapproved bytheBoard ofDirectors attheir respective meetings heldonAugust II,2026. The financial results havebeenprepared inaccordance withtherecognition andmeasurement principles laiddown intheIndianAccounting Standards asprescribed under Section 133oftheCompanies Act,2013, read withtherelevant rulesissuedthereunder andotheraccounting principles generallyaccepted inIndia. 2 Other income forthequarter andyearendedMarch3I,2026,includes writebackofbalances payabletorelated partiesamounting toRs.3,396.44 lakhsasnolongerpayable. Otherexpenses forthequarter andyearendedMarch3I,2026,includes writebackofbalances payabletorelated partiesamounting toRs.704.38 lakhsasnolongerpayable. Applicable impact hasbeengiveninCurrent taxforthequarter andyearendedMarch3I,2026, onaccount ofabovewriteback andwrite-off 3 Exceptional itemsrepresent impact onaccount ofNewLabourCodesamounting toRs.(156.39) lakhs Effective 21 November 2025, The Government of India has consolidated multiple existing labour legislations into a unified framework comprising four Labour Codes (collectively referred toasthe'New Labour Codes'). These legislative changes have revised thedefinition of wages forthepurpose ofcomputation ofemployee benefits and expanded thescopeandeligibility ofcertainemployee related socialsecuritybenefits. Basedonadetailed assessment carried outbytheCompany, information currently available andconsistent withtheFAQsonkeyaccounting implications arising fromtheNew Labour Codes issuedbytheInstituteofChartered Accountants ofIndia,theCompany hasevaluated theincremental impact arising fromtheimplementation oftheNewLabour Codes. Considering themateriality, regulatory drivenandnon-recurring nature ofthisimpact, theCompany hasrecognised impact ofRs.(156.39) lakhs(consisting ofgratuity andcompensated absences) asanexceptional iteminthefinancial results forthequarter andyearended31March2026. Postthebalance sheetdate,whiletheCentralGovernment hasnotifiedthefinalRulesonMay8,2026,therelevant StateRulesareyettobenotified. TheCompany willmonitor thedevelopments andupdatetheestimates oncetheStateRulesarenotified. 4 TheBoard ofDirectors andManagement areconfident thattheCompany willcontinue asagoingconcern fortheforeseeable future.Thisassessment issupported byaseriesof concreteoperational improvements andfinancing measures thathavebeenimplemented orarewelladvanced, asdescribed below. Forthequarter endedJune 30,2026, theCompany recorded anetlossafter taxesofRs. 1,184.81 lakhsandanetlossafterothercomprehensive income ofRs. 1,321.54Iakhs, resulting inanegative networthofRs. 2,131.841akhs andNetCu [Showing first 8,000 characters — download PDF for full document]