Unaudited Financial Statements for the First Quarter Ended June 30, 2026

SURAT TRADE AND MERCANTILE LIMITED CIN: L17119GJ1945PLC000214 Registered office: 6th Floor, Tulsi Krupa Arcade, Near Aai Mata Chowk, Puna Kumbharia Road, Dumbhal, Surat, Gujarat, 395010 Phone: 0261-2311198 | Email ID: sharedepartment@stml.in | Website: www.stml.in Date: 12/08/2026 The Manager Dept. of Corporate Services, BSE Ltd, Phiroze Jeejeebhoy Towers, Dalal Street, Mumbai - 400 001. Scrip Code: 530185 – Surat Trade and Mercantile Limited Dear Sir/Madam, Sub: Submission of Documents under Regulation 33 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 for the First Quarter ended June 30, 2026 As required under Regulation 33 of the SEBI (Listing Obligations and Disclosure Requirements), Regulations, 2015, we are enclosing herewith following documents for the quarter ended June 30, 2026 for your reference and records. 1. Unaudited Financial Results for the First Quarter ended June 30, 2026. 2. Limited Review Report. Please take the same on your records. Thanking you, Yours faithfully, For SURAT TRADE AND MERCANTILE LIMITED Ankita Prasiddha Shroff Company Secretary and Compliance Officer Membership No.: A36425 Encl: As above SURAT TRADE AND MERCANTILE LIMITED Regd. Office: Tulsi Krupa Arcade, 6th Floor, Near Aai Maia Chowk, Puna-Kumbharis Road, Oumbhal, Surat 395010 CIN: 117129G11945PLC0G0) 14; Website: www.stmLin e-mail; sharedepartment @stml.in, Tel. No. (0261) 2413198 STATEMENT OF UNAUDITED FINANCIAL RESULTS FOR THE QUARTER ENDED 30TH JUNE, 2026 ( sr. Particulars [ Quart er Ended iRs. in Lakhs except p Yer e ars ha Er ne deda dt a) __ No. 30 /06/2026 31/03/2026 | 30/06/2025 31/03/2026 | . : | (Unaudited) (Unaudited) | (Unaudited) (Audited) 1 | income ' fa) Revenue from Operations 4934.52 | 4598.55 3728.94 11134.58 {b) Other Income / 815,62 | {35.90)| 785.13 1378.56 | Total Income 7 5750.14i h 4562.65 | 4514.07 12513.14 | 2 | Expenses | | {a} Cost of Materials Consumed 0,00 | 0.00 0.00 0.00 {b) Purchases of Stock-in-Trade 6840.42 | 2097.75 1595.88 8608.62 ic) Changes in inventories of Finished Goods, Work-it-Progresy (2422.86)| 2257.49 1750.31 1750.31 | and Stock-in-Trade | (d) Employee Benefits Expense 60.40 | $0.37 52.80 224,24 | {e) Finance Costs 3.61 3.68 3.87 415.18 ] {f} Depreciation and Amortisation Expense j 18.98 18.41 12.50 57.23 | {g) Other Expenses a ae Vo 195.30 | 138.48 91.86 458.21 Total Expenses | 4625.85 | 4566.18 3 507.62 12113.79 3 |Profit /(Loss) Before Exceptional Items and Tax (1-2) 1124.29 (3 .53) 1006.4 5 | 1399.35 | S4 | Pj€ rx oc fe ip tt /i {o Ln oa sl s } ft Be em fs o re Tax (3-4) 11240 .. 20 90 (0 3, .0 530 ) 10060 .. 200 5 | 1390 9. .0 30 5 | ‘Tax Expenses | | (a) Current Tax 94.49 | 103.71 92.59 312,09 | (b) Deferred Tax 62.74 | (62.52) 50,22 (9.12) {c} Taxes in respect of earlier year 0.00 | (1.22) 0.00 | (1.22) | 6 /|Total Tax Expense 157.23 39,97 142.81 | 301.75 — | 7 |Profit/(Loss) for the Period / year (5-6) 967.06 | {43.50) 863.64 | 1097.60 | 8 Other Comprehensive Income/ (Loss) {Net of Tax) by {a) Items that will not be reclassified to Profit or Loss 0.00 (2.81) 0.00 | (4.27) (b) Income tax relating to items that will not be reclassified to Profit or Loss 0.00 0.70) ¢. 0.00 1.07 9 |T To ot ta al l COt oh me pr r eC ho em np sr ie vh ee n Is ni cv oe m e in / co (Lm oe s/ s) {L foo rs s} t he( Ne Pt e riof o dT ax / } Y ear (7+8} 9 8 0 7.0 ,0 0) 6 5 (4( 5.62 3) 2) 8630 .. 60 40 1094(3 .. 42 00 ) 10 |Paid up Equity Share Capital (Face Value Rs.1/- per share} 2220.64 | 2220.64 22 20.64 | 2220.64 |a|O But adh rie ntr ie nd gE sq bu pi a et l ry a nc e( e qe ux ic s tl h yu e d ei t sn hg ao rf R te h (v e Fa al cpu era et v Vi i ao o ln u Re y 8s e sae .rr 1. )v .a }} as shown in the =| .- } Basic (in Rs.) 1.44 ' (0.03)] 0.39 0.45 Diluted (in Rs.) =. a a | onal (0.02), 0,39 | 0.49 | qo WEBS ~ FT sonxr\t Notes to Financial Results: 1. These financial results have been prepared in accordance with the Indian Accounting Standards (‘Ind AS') notified under Section 133 of the Companies Act, 2013 (‘Act’) read with the Companies (Indian Accounting Standards) Rules 2015 as amended and other recognised accounting practices and policies to the extent applicable. 2. The Company's business segment consists of a single segment of "trading in commodities and other commodity related activities" in accordance with Ind AS 108 - 'Operating Segments’ notified pursuant to the Companies (indian Accounting Standard) Rules, 2015. 3. During the previous year, the Company re-assessed the classification of certain land and buildings previously classified under Property, Plant and Equipment (“PPE”). As the said premises are not being used for operational or any other business purposes of the Company and the land is intended to be held for capital appreciation and strategic monetization, the land has been reclassified as Investment Property in accordance with Ind AS 40 — investment Property. Further, based on an external valuation report, the recoverable/residual value of the building was assessed at Rs. 20 lakhs against its carrying amount of Rs. 50.54 lakhs. Accordingly, the Company recognized an impairment loss of Rs. 30.54 lakhs in the Statement of Profit and Loss in accordance with Ind AS 36 — Impairment of Assets. 4. The Company has identified a non-compliance with Regulation 23 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, in relation to certain Related Party Transactions entered into with Mr. Alok P. Shah, Managing Director of the Company, during the financial year 2025-26, which exceeded the threshold prescribed under the proviso to Regulation 23(1) of the SEBI LODR Regulations without obtaining the requisite prior approval of the shareholders. The matter was subsequently placed before the Board of Directors and the Members of the Company, and the requisite approval/ratification has been obtained. The Company has filed a Voluntary Settlement Application with the Securities and Exchange Board of India (“SEBI”) under the Securities and Exchange Board of India (Settlement Proceedings) Regulations, 2018 on August 11, 2026, in relation to the aforesaid matter. - The outcome of the proceedings before SEBI, including any consequential action, if any, remains uncertain as at the date of approval of these financial results and cannot presently be determined with reasonable certainty. Accordingly, the matter has been disclosed as a contingent liability in these financial results. 5. The Company does not have any Exceptional item to report in above periods. 6. The figures for the corresponding previous periods have been regrouped wherever necessary, to make them comparable. 7. The above financial results and this release have been reviewed and recommended by the Audit Committee and subsequently approved by the Board of Directors of the Company at their respective meetings held on 12th August, 2026. The Statutory Auditors have carried out a ‘Limited Review’ of the Unaudited Financial Results for the quarter ended 30th June, 2026 in terms of Regulation 33 of the SEBI (LODR) Regulations 2015 and have issued an unmodified Conclusion. For Surat Trade and Mercantile Limited alok P. Shalt SAgao MsER : DIN: 00218180 ‘=¢ SURAT } Managing Director S&S / Place: Surat Date: August 12, 2026 87 Nariman Bhavan S [| A fe p> & 227 Nariman Point Mumbai 400 021 TANNAN India +91 22 6153 7500; 2202 2224/8857 ASSOCIATES www.sharpandtannan.com chartered accountants Independent Auditor's Limited Review Report on Standalone Unaudited Financial results of SURAT TRADE AND MERCANTILE LIMITED for the quarter ended June 30, 2026, Pursuant to Regulation 33 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The Board of Directors Surat Trade and Mercantile Limited (Formerly known Surat Textile Mills Limited) (CIN: L17119GJ1945PLC000214) Surat 395 010. Introduction 1, We have reviewed the accompanying statement of Standalone Unaudited Financial results of SURAT TRADE AND MERCAN [Showing first 8,000 characters — download PDF for full document]