Outcome of Board Meeting

Core#1, SCOPE Complex, 7, Institutional Area, Lodi Road, New Delhi-110003 Phone No.24362200;24361889 Fax No.24360724 Email: akmisra@mmtclimited.com Website: www.mmtclimited.com CIN: L51909DL1963GOI004033 NO.BS/SE/325/2024 11.08.2026 National Stock Exchange of India Ltd Bombay Stock Exchange Limited Exchange Plaza Phiroze Jeejeebhoy Towers Bandra Kurla Complex Dalal Street Mumbai 400051 Mumbai 400001 NSE Symbol: MMTC Company Scrip Code:513377 Sub: Outcome of the 491st Meeting of Board of Directors of MMTC Limited held on 11th August, 2026. Dear Madam/Sir, Pursuant to provisions of Regulation 33 and 52 of SEBI (Listing Obligations & Disclosure Requirements) Regulation, 2015, we inform you that the Board of Directors of the company in its meeting held on 11th August, 2026 has approved the following: a) Unaudited Standalone Financial Results of the company for the quarter ended 30th June, 2026 b) Unaudited Consolidated Financial Results of the company for the quarter ended 30th June, 2026. c) Limited Review Report on Unaudited Standalone and Consolidated Financial Results. A copy of the Unaudited Standalone and Consolidated Financial Results along with the Limited Review Report as mentioned above are attached herewith. The aforesaid results are also being disseminated on the company’s website www.mmtclimited.com. The Board Meeting commenced at 1530hrs and concluded at 6:30 P.M. This is for your kind information and records. Thanking you, Yours faithfully, For MMTC Limited (Ajay Kumar Misra) Company Secretary Encl: As Above DINESH JMN & ASSOCIATES A-us, Vikas Marg, 2nd Floor I_-_ ____ Shakarpur, Delhi- 110092 CHARTERED ACCOUNTANTS Tel : 42487261 Mob.: 9810092750, 9810922575 E mail : dkjain440@gmail.com dkjainaudit@gmail.com Independent Auditor's Review Report on Unaudited Standalone Financial Results for the Quarter ended 30th June 2026 of the Company pursuant to Regulation 33 and Regulation 52 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 (as amended) THE BOARD OF DIRECTORS OF MMTC LIMITED I. We have reviewed the accompanying Statement of Unaudited Standalone Financial Results of MMTC LIMITED ("the Company"), for the quarter ended 30°' June, 2026 ("the Statement"), being submitted by the Company pursuant to the requirement of Regulation 33 and Regulation 52 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, as amended. 2. This Statement, which is the responsibility of the Company's Management and approved by the Company's Board of Directors, has been prepared in accordance with the recognition and measurement principles laid down in the Indian Accounting Standard 34 "Interim Financial Reporting" ("md AS 34"), prescribed under Section 133 of the Companies Act, 2013 read with relevant rules issued thereunder and other accounting principles generally accepted in India. Our responsibility is to express a conclusion on the Statement based on our review. 3. 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 (lCAl). This standard requires that we plan and perform the review to obtain moderate assurance as to whether the financial statements are free of material misstatement. A review is limited primarily to inquiries of company personnel and analytical procedures, applied to financial data, and thus provides less assurance than an audit. We have not perfonned an audit and accordingly, we do not express an audit opinion. 4. Basis for Qualified Conclusion We draw attention to Note no. 1 of the accompanying Statement, which states that, in respect of the Anglo Coal case, an amount of Rs. 1088.62 crore (comprising Rs. 1087.76 crore deposited with the court and Rs.0.86 crore attached from the company's bank account) had been deposited with the Hon'ble Delhi High Court. The final determination of the amount is subject to the judgementlclarification of the Hon'ble Court. The Hon'ble Delhi High Court, vide its order dated 09.05.2025, directed that "the decree holder [Anglo] shall be entitled to withdraw the said amount along with tip-to-date accrued interest after the expiry of two weeks from today". The SLP filed by the company before the Hon'ble Supreme Court was dismissed by order dated 03.11.2025. Thereafter, the Company filed an application before the Hon'ble Delhi High Court on 03.11.2025 admitting a total liability of Rs.1169.14 crore, including interest calculated up-to 01.11.2025. Subsequently, pursuant to the order of the Hon'ble Delhi High Court dated 10.11.2025, an amount of Rs. 1000 crore was released to Anglo on 17.11.2025. Based on the management's calculations, the estimated remaining liability of the company towards Anglo coal as on 17.11.2025 amounts to Rs. 170.58 crore, including interest calculated up to 17.11.2025. Accordingly, the estimated present obligation of the company in respect of the aforesaid matter amounts to Rs. 170.58 crore, against which the company has recognised a provision of Rs. 87.76 crore only. This has resulted in non-recognition of provision to the extent of Rs. 82.82 crore. The company, instead of making a provision of Rs.82.82 crore, has included this amount in its contingent liabilities due to which provision has been understated and contingent liabilities have been overstated by Rs.82.82 crores. The non-recognition of provision to the extent of Rs.82.82 crore constitutes a departure from the accounting standards as prescribed under section 133 of the Act. Had the amount of Rs.82.82 crore been provided by the company, the provisions would have been increased by Rs.82.82 crore and the shareholders' funds would have been reduced by the said amount. Our Audit report on the financial results of the Company for the quarter and year ended 3I' March 2026 dated 29" May 2026 was also qualified in respect of this matter. 5. Qualified Conclusion Based on our review conducted as stated in paragraph 3 above, except for the effects of the matter described in the preceding paragraph, 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 and Regulation 52 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, as amended, including the manner in which it is to be disclosed, or that it contains any material misstatement. 6. Emphasis of Matter: We draw attention to the following matters in the notes to the statement: Note No. 2 which states that on 06.11.2023 an amount of Rs. 40 crores were extended as interest bearing advance/loan by company to CPF Trust for payment to VRS employees. Repayment of Rs. 35.50 crore has already been made by CPF trust up to 3 1.03.2026. Further, an amount of Rs. 3.56 crore is adjusted against capital loss to trust on bad investments on 28.04.2026. Balance amount will be repaid by trust to MMTC on receipt of funds by trust from its investment. An amount of Rs. 0.04 crore have been accounted for as interest from CPF Trust for Pt quarter of F.Y. 2026-27. Our conclusion is not modified in respect of this matter. For DINESH JAIN & ASSOCIATES CHARTERED ACCOUNTANTS FRN: 004885N9 Place: New Delhi (NEHAJ N)FCA Date: 11-08-2026 Partner M.No.514725 UDIN: 265I4725YINXXV4778 MMTC LIMITED CIN: L51909DL1963G01004033 (A Govt of India Enterprise) Core - 1, Scope Complex 7, InstitutIonal Area, Lodhi Road New Delhi - 110 003. PART I Email : mmtc@mmtclimited.com Website : www.mmtclimlted.com Statement of Standalone Unaudited Financial Results for the Quarter ended 30/06/2026 Particulars Quarter Ended Year Ended 30-Jun-26 31-Mar-26 [Showing first 8,000 characters — download PDF for full document]