Outcome of Board Meeting held on 11th August 2026

August 11, 2026 The Manager BSE Limited, P J Towers, Dalal Street, Fort, Mumbai – 400 001 REF: COMPANY CODE NO. 521048 ISIN: INE900E01015 Dear Sir/Madam, Subject: Outcome of the Meeting of the Board held on August 11, 2026. Pursuant to Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, we wish to inform you that the Board of Directors at their meeting held on August 11, 2026 have inter alia considered and approved the following: 1. The Board of Directors duly considered and approved unaudited financial results of the Company for the quarter ended on 30th June 2026. 2. The Board of Directors duly considered and approved the Directors’ Report, Report on Corporate Governance, Certificate of Non-disqualification of Directors for the financial year ended on March 31, 2026. 3. The Board of Directors duly took note of Secretarial Audit Report of the Company for the financial year ended on March 31st, 2026. 4. The Board of Directors duly considered and approved Tuesday, September 22, 2026 as a date of convening the Thirty Seventh Annual General Meeting (AGM) of the Company; 5. The Board of Directors duly considered and approved appointment of M/s MSDS & Associates as a scrutinizer for 37th Annual General Meeting; 6. The Board of Directors duly considered and approved appointment of M/s. Bigshare Services Private Limited as an e-voting agency for the 37th Annual General Meeting (AGM) of the Company. 7. The Board of Directors duly considered and recommended Mr. Kashyap Gandhi (DIN: 02604428), who is liable to retire by rotation and eligible for reappointment as per section152 of the Companies Act, 2013. The meeting commenced at 3.30 p.m. and concluded at 6.25 p.m. ADVANCE LIFESTYLES LIMITED CIN: L45309MH1988PLC268437 Regd.Office:2nd Floor, West Wing Electric Mansion, Appasaheb Marathe Marg, Worli, Mumbai-400 025 Maharashtra-Ph:022-4231 9900 Website: www.advance.net.in E-mail id: cs.advancelifestyles@gmail.com We request you to kindly take the above information on record and the same be treated as compliance under the applicable provision(s) of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. Thanking you, Yours faithfully, For and on the behalf of Advance Lifestyles Limited, Vikas Gangwal Company Secretary & Compliance Officer ACS:62314 ADVANCE LIFESTYLES LIMITED CIN: L45309MH1988PLC268437 Regd.Office:2nd Floor, West Wing Electric Mansion, Appasaheb Marathe Marg, Worli, Mumbai-400 025 Maharashtra-Ph:022-4231 9900 Website: www.advance.net.in E-mail id: cs.advancelifestyles@gmail.com Piyush J. Shah & Co. Chartered Accountants Piyush J. Shah INDIA B.Com, FCA, D.l.S.A.(lcA) LIMITED REVIEW REPORT ON THE UNAUDITED FINANCIAL RESUTTS OF ADVANCE TIFESTYTES LIMITED FOR THE QUARTER ENDED 30 JUNE, 2026 PURSUANT TO RE6UI.ATION 33 OF THE SEBI (IISTING OBTIGATIONS AND DISCTOSURE REqUIREMENTS) REGUIATIONS, 2015, AS AMENDED The Board of Directors, Advance Lifestyle Limited w Lime ith ea dv (e t hre ev i ce ow me pd t nh ye a fc oc ro tm hep a qn uy ain rtg rs t ea nte dm ede n ont o Juf nu en a 30u ,d i 2te 0d fi (n ta hn ec i sa tl r te emsu ult ns f .A tt.d cv na unc Je nL eife ris *t iy tl te being submitted by the company pursuant to the requirement of reguration 33 0f sEBr (Listing obligations and Discrosure Requirements) Regurations, 2015 ("the reguration,,) as amended read with Circular No. CIR/CFD/CMDL/44,/2019 dated 29th March,2O19 (.the circutar,,). This statement is the responsibirity .of the company's Management and has been approved by the Board of Directors, has been prepared in accordance with the iecognition and measurement prrniiptu, laid down in the lndian Accounting Standard 34 ,'lnterim Financial Reporting,, (,,lnd AS 34,,) piur.ril"d under section 133.of the companies Act, 2013 read with rerevant rures iss0ed there ,ndur'und oth", accounting principles generally accepted in lndia. our responsibility is to express a conclusion on these financial statements based on our review. we conducted our review of the statement in accordance with the standard on Review Engagements (sRE) 2410 "Review of rnterim Financiar rnformation performed by the rndependent Auditor of the Entity'', issued by the lnstitute of chartered Accountants of tndia. This standard requires ,t ra *" pi"n and perform the review to obtain moderate assurance as to whether the financial statements are free of materiar misstatenient. A review is rimited primariry to inquiries of company personner and an analytical procedure appried to financiar data and thus piovides iess assurance than an audit. we have not performed an audit and accordingly, we do not express an audit opinion. Basis for Qualified Conclusion rest her O utsto n d i n o Li a bi I iti e s The compony hos obtoined an unsecured roon omounting to <3,s11.go lakhs from o related potty. As represented by the Monogement, the soid loon is interest_free and, occordingly, no interest expense hos been recognized in the stotement of profit ond Loss fot the quarter ended 30 June 2026. Further, the compony hos outstonding tidbitities oggregating to <758.gg litkhs payabte to three porties, of which iwo pofties ore undergoing Corporote lnsolvency Resolution process (..CtRp") under the lnsolvency ond Bonkruptcy Co ne porty is presently non-troceoble. Reg. Office:404-504, Shikhar Building, Nr. i Cross Road, Navrangpura, Ahmedabad-380009 Ph.: (O) +91- 079-4 50333, 66550334, 9825027370 Email : pjshahca@rediffma hca.mm Websile : www.Pjshahca.com Branch Office : 8-503, I Square, Nan Cirele;l.lr. Marvadi Broker, Rajnagar Main Road, Rajkot-360003. ilobile No.: (M) 8758801260, (M)6353042447 Email ld : devang@pjshahca com;jay@pjshahca.com Your GrorYth Partner.......... The Monogement hos not recognized ony interest in respect of the oforesdid outstonding bolonces during the qudrter ended 30 June 2026, considering, inter olio, the ongoing ClRp proceedings in respect of tvio porties, obsence of ony p.resent demond or conJirmdtion towords interest tidbility and the interest-lree noture of the lodn relerred to obove. ln the obsence of sufficient appropriote review evidence regarding the terms dnd conditions of the oloresaid borrowings ond outstonding liobilities ond the consequentiol accounting treotment, including the recognition and meosurement ol ony interest ond/or other odjustment thot may be required under the opplicable lnd As, we ore unable to determine whether ony odjustment is required in respect oI the dforesoid matters ond the consequential impact thereof on the stdtement. 2. Non-Receipt of Bolance Confirmotions in respect of Portiesunder CIRP/ Non- Parties The comptony hos outstanding bolgnces poyoble to three porties oggreqoting to <75B.gg lokhs ds ot 30 June 2026, for which boldnce conJirmotions ond complete supporting reconciliotions were not ovoiloble for our review. Of these pdrties, two ore undergoing ClRp under the lnsolvency ond Bonkruptcy Code,2016 and one porty is presently non-troceoble. The Compony hos represented that no cloim or communicotion has been received from the soid porties or the respective resolution professionoli up to the dote of opprovol oI the Stotement. ln the obsence of independent bolonce conlirmations ond sufficient oppropriote olterndte review evidence iegarding the existence, completeness ond voluotion of the oforesdid liobilities, we ore unoble to determine whether dny odjustment is required in respect of the adid bdlonces ond the consequentiol impoct thereol on the Stotement. g, Non-Charoino oi lnterest on Loans Gronted The Compony hos, in eorlier periods, grdnted certoin short-term loons ond odvonces on which no interest hos been chorged. The Mondgement has not. determined the consequentiol linonciol impoct, if ony, orising from non:charging ol interest on such loons ond odvonces, including the requirements of lnd AS 109, "Finonciol lnstruments". Further, bosed on the informdtion ond explondtions provided to us, interest-free loan has be [Showing first 8,000 characters — download PDF for full document]