Outcome of Board Meeting held on 12th August 2026

12th August 2026 National Stock Exchange of India Ltd. BSE Ltd. Exchange Plaza, Bandra-Kurla Complex Phiroze Jeejeebhoy Towers, Bandra (E), Mumbai – 400051 Dalal Street, Fort, Mumbai – 400001 NSE Symbol: ATLASCYCLE Scrip Code: 505029 Sub.: Outcome of Board Meeting held on 12th August 2026 Dear Sir/Madam, This is to inform you that The Board of Directors of the Company at its meeting held today has inter alia approved The Unaudited Financial Results of the Company for the quarter ended 30th June 2026. Pursuant to Regulation 33 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 (Listing Regulations), the said Financial Results together with Limited Review Report of the Statutory Auditors on the said Results are enclosed. The aforesaid Financial Results can also be accessed at the website of the Company at www.atlasbicycles.com Further, in continuation to intimation by the Company on 14th April 2026, 16th January 2026, 31st October 2025, 29th May 2025 and 7th December 2024 regarding sale of 20 acres of Land of the Company situated in Sonepat, Haryana, this is to inform you that the Buyer had sought further extension upto 31st December 2026 for execution of Sale Deed in connection with the said Land. The Board of Directors today, have approved the said extension. Further, pursuant to Agreement to Sell for said land, entered into on 7th December 2024, the Company till date has received an advance of Rs. 45.00 crores and the Buyer has further undertaken to pay another Rs. 15.00 crores by 30th October 2026. The Company will further intimate as and when any other material development takes place in this regard. The meeting commenced at 10:20 a.m. and concluded at 11:00 a.m. Kindly take the same in your records and oblige. Thanking you, For Atlas Cycles (Haryana) Limited Rashpal Singh Company Secretary & Compliance Officer Atlas Cycles (Haryana) Limited Regd. Office : Industrial Area, Sonepat Haryana 131001 Statement of Unaudited Standalone Financial Results for the quarter ended June 30, 2026 (in lakh) Quarter ended Year ended S.No. yo icdaoehs 30-Jun-26 31-Mar-26 30-Jun-26 | 31-Mar-26 A-Mar-26 Audited Unaudited Audited Audited 1 |Income 690.44 153.57 145.27 498.27 a) Revenue from operations - 7.92 15.44 1,165.83 24 b) Other income(loss) (03 | 8) at | oreo) ee Total income 2 =|Expenses a) Cost of Materials Consumed b) Changes in inventories of finished goods, work-in- progress and stock in trade c) Employee benefit expenses d) Finance Cost €) Depreciation and amortisation f) Other expenses 1,928.53 1,518.92 Total expenses Se ee ee 3 |Profit / (loss) before exceptional items and tax (1 - 2) wel -256.30 -158.38 eel -803.62 |Profit oss)e befoe re t ax (3 - 4) e ee |r _—-192e .02 | cs -256.30 ~158.38| _—95e 1.26 | e -803.62 7: _ b |Ne et a profe it / (loss) for the period | _—-192.02 | -256.30 -158.38 941.26 -803.62 8 Other comprehensive income Items that will not be reclassified to profit or loss, net of tax Other comprehensive income, net of tax Poe | eee ce | PaaS pee ee | SRE reas eae) E ee ae - 9 | Total comprehensive income / (loss) for the period (7 + el ee -158.3 8 -803.62 10 |Paid up equity share capital (Face value Rs. 5 per share) 325.19 325.19 325.19 141 _|Earning per share (EPS) Basic and diluted EPS after extraordinary items (not annualized) -3.94 -2.44 -12.36 Basic (Rs) -3.94 -2.44 -12.36 Diluted (Rs) Notes to financial results: 4 These Standalone unaudited financial results have been prepared in accordance with the Indian Accounting Standards (referred to as “Ind AS") 34 Interim Financial Reporting prescribed under Section 133 of the Companies Act,2013 read with Companies (Indian Accounting Standards) Rules as amended from time to time 2 The figure for the quarter ended 31st march2026 are a balancing figure between the audited figure of the financial year and the unaudited year to date figure up to the third quarter ended 31st December 25 3 The company operates only in one reportable segment i.e. Cycles 4 The aforesaid standalone Un-audited Financial Results of Atlas Cycles (Haryana) Limited (“the Company’) for the quarter ended 30th June 2026 have been reviewed by the Audit Committee and approved by the Board of Directors at its respective meeting held on 12th August 2026 5 The Company did not have any subsidiary, associate or join venture entity( ies) during the quarter ended 30th june 2026 and financial year ended 31st march 2026 6 Previous Quarters/Half Year/Year fig have been regrouped ,re arranged or re classified wherever necessary to conform to the classification for the current quarter/year On behalf of the Boa’ For Atlas Cycles (Ha PLACE Sonepat DATE: 12th August 2026 CM DHALL a Roop Ral DIN 6789287 (CEO) (DIRECTOR) 1826, OUTRA DINESH NANGRU & CO. | , OUTRAM LINES, KINGSWAY CAM Ch | Ph, 9810249489 , 01 1-40502155 Chartered Accountants | email : dineshnangru@gmail.com INDEPENDENT AUDITOR'S REVIEW REPORT ON UNAUDITED QUARTERLY _ STANDALONE FINANCIAL RESULTS OF ATLAS CYCLES (HARYANA) LIMITED PURSUANT TO THE REGULATION 33 AND 52. OF THE SEBI (LISTING OBLIGATIONS AND DISCLOSURE REQUIREMENTS) REGULATION, 2015, AS AMENDED The Board of Directors of Atlas Cycles (Haryana) Limited CIN-L35923HR1950PLC001614 Sonepat, Haryana-131001. 1. We have reviewed the accompanying statement of unaudited standalone financial result of Atlas Cycles (Haryana) Limited (“the Company”), for the quarter ended 30 June 2026 (“the Statement”). 2. This Statement, which is the responsibility of the Company’s management and approved by the Board of Directors, has been prepared in accordance with the recognition and measurement principles laid down in Indian Accounting Standard 34 “Interim Financial Reporting’(“Ind AS 34”), prescribed under Section 133 of the Companies Act, 2013, and other accounting principles generally accepted in India and in compliance with Regulation 33 and 52 of the Listing Regulations. 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 Independent Auditor of the Entity” issued by the Institute of Chartered Accountants of India. This Standard requires that we plan and perform the review to obtain moderate assurance as to whether the Statement is free of material misstatement. 4. 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 performed an audit and accordingly, we do not express an audit opinion. 5. Attention is drawn to the fact that the figure for the 3 month ended 31 March 2026 as reported In these financial result are the balancing figures between audited figures in respect of the full previous financial year and the published year to data figure up to the third quarter of the previous financial year. The figure up to the end of the third quarter of previous financial year had only been reviewed and not subjected to audit. INDEPENDENT AUDITOR'S REVIEW REPORT ON UNAUDITED QUARTERLY STANDALONE FINANCIAL RESULTS OF ATLAS CYCLES (HARYANA) LIMITED PURSUANT TO_THE REGULATION 33 AND OBLIGATIONS AND DISCLOSURE REQUIREMENTS) REGULATION, 2015, AS AMENDED (CONTINUED) Basis of Modified Conclusion 1. The company has not provided for the interest on overdue outstanding payment creditors including MSMEs and on suits filed by creditors in different courts. Exact quantum of liability is not ascertainable in absence of reconciliations with suppliers and balance confirmations by suppliers. 2. The company has defaulted in repayment of Inter Corporate Loan within stipulated time as per the agreed terms. Further, the company has not provided interest liability on the same for the quarter ended 30.06.2026, The company understated losses to the tune of Rs. 24,75,000/-. Based on our review conducted as above, except for [Showing first 8,000 characters — download PDF for full document]