Kindly take on your record the outcome of the Board Meeting held today, dated 12th August, 2026 as per the enclosed file.

GARWARE MARINE INDUSTRIES LIMITED CIN: L12235MH1975PLC018481 Regd. Office: A/304, Naman Midtown, Senapati Bapat Marg, Prabhadevi (West), Mumbai — 400 013 Phone: 022 45857806; Email: investorredressal@garwaremarine.com; Website: www.garwaremarine.com 12.08.2026 The Manager, BSE Limited Listing Compliance Department Phiroze Jeejeebhoy Towers, Dalal Street, Mumbai - 400 001 SCRIPCODE: 509563 Quarter: June, 2026 Dear Sir, Sub: Outcome and the Intimation under Regulation 30 of the SEBI (Listing Obligations and Disclosures Requirements) Regulations, 2015 — Board Meeting held today, 12" August, 2026. Kindly take on your record the outcome and intimation under Regulation 30 of the SEBI (Listing Obligations and Disclosures Requirements) Regulations, 2015 of the today’s Board Meeting dtd. 12" August, 2026: 1. Approved Un-audited Financial Statements for the quarter ended 30" June, 2026; (as enclosed with Statutory Auditors’ Limited Review Report) - annexed herewith as Annexure —1; 2. Taken on record the Secretarial Audit Report for the F.Y. 2025-26, ended 315 March, 2026, from Mr. Rajkumar R. Tiwari, Practicing Company Secretary; 3. Approved the draft Directors Report as on 31t March, 2026 for FY. 2025-26 including Corporate Governance Report and Management Discussion and Analysis Report for F.Y. 2025-26; 4. Pursuant to Regulation 30 of the SEBI Listing Regulations, we hereby inform you based on the recommendations of the Nomination and Remuneration Committee, the Board of Directors of the Company in its meeting held, today, on 12" August, 2026, appointed Mr. Hasan A. Bhinderwala (DIN: 06751723 and IICA Membership No. [IDB-DI-202508-07762406751723) as Additional Director (Non- Executive, Independent) of the Company, for an initial term of five (5) years with effect from 12" August, 2026 to 11" August, 2031, (both days inclusive), subject to approval of the shareholders to be obtained within three months hereof (via ensuing 48" Annual General Meeting of the Company). The required details pursuant to SEBI Listing Regulations are annexed herewith as Annexure — |I. “We hereby confirm that Mr. Hasan A. Bhinderwala satisfies the criteria of independence prescribed under the Companies Act, 2013 and SEBI Listing Regulations and that he is not debarred from holding the office of Director by virtue of any order passed by SEBI or any other such authority. The composition of the Board of Directors of the Company is in compliance with the requirements prescribed under the Companies Act, 2013 and SEBI Listing Regulations”; 5. Approved appointment of Mr. Taher Sapatwala, Practicing Company Secretary (Membership No. ACS 8029 & C.P NO.16149), as Scrutinizer for conducting e-Voting process for the AGM;& 6. Approved draft Notice convening 48" Annual General Meeting (AGM) of the Company, to be held on Wednesday, 23" September, 2026 at 11:30 am via video conferencing. This information will also be available on the website of the Company at www.garwaremarine.com. The meeting was commenced at 12:00 noon and concluded at 02:10 pm. You are requested to take the same on your record. Thanking You Yours Faithfully, For Garware Marine Industries Limited PALLAVI SR snee SHEDGE f25% y Pallavi Shedge Company Secretary & Compliance Officer A29787 Encl: as above ‘GARWARE MARINE INDUSTRLIIMIETSED Regd. Office : A/304, Naman Midtown, Senapati Bapat Marg, Prabhiadeyi (West) , Mumbai - 400 013, CIN : 112235MHI975PLC018481 Unaudited Financial Resuflort thse Quarter Ended 30th June, 2026 RsIn Lakhs Quarter Ended Year Ended s | paniculars 30/06/2026 | 31/03/2025 | 30/0%/2025 | | 3170372025 o, {Unaudited) | (suiteq) | (unauoteq) | | (Avaitesy fa Revenue from operations . 33 %1 2600 10835 2 Other Income. 125 12 (2] 419 3 Total income 12 3259 2735 %43 11255 4 |Expenses - Cost of matenais consumed - - - - Purchases of stodcin-trade - - - - Change in ioventaries of firishad goods, work-in- Brogress a0d stodkin-trade = = = < - Employee beneft expanse 9.8 930 020 3696 - Fnance costs oo 002 o1 0.04 - Depraciation and amortistion expense 0.06 007 006 025 - Ocher Bpenses 147 zn 134 5955 Total expenses 239 3191 2061 96.80 > Proft (Loss) before exceptional tems and tax s 863 @38) 582 1575 5 Exceptional itams - - - - 7 Profit ] (Loss) before tax = 8.63 (a58) 582 1575 8 Tax Expense Current Tax (CreditlDebit 126 ©79) 091 238 MAT Cred Entitlement - 105 (78) (135 Deferred Tax charge (ced)/Debit - - - - TaX redit in respect of earlier years (Credit)/Debit - - - - Total tax expense (Credit)/ Debit 126 026 [¥e) 103 s Profit/( Loss Jfor the period from continuing 737 @) 565 1472 operations i Pioft/ (Loss) for the penod from Gscontinuing] ‘operations before tax = 2 1 Tax expenses of discontinung operations - - - 12| Wet Profit /{Loss] for the peniod from dconbmuing| Sperstion after tax ooy = = = = 13 Profit / {Loss) for the period eeey 737 (459 569 1372 . ‘Other Comprehensive Income A Teems that vl not be rectassified to profit and lass - Remeasurement of the defined benefit kabiltes / - (0.49), - {0.99) assets - FquRty instruments though Other Comprehensivel 25291| (28415 (109.09) 75.19) Tncome{ et of Tax) B Ttems that val be redassifed to profit and foss - - - - 15 Total comprehensive income for the period (1319 26028 | (rmoas)| (10333) (759.97) (Comprising Profit {Loss) and Other Comprhensie, 15 s7662 | 572 s7es82 576.62 1 - - - as895 013 (0.08) 010 02 013 (058 o0 025 Basic (X5 (008) 010 026 Dilted 013 (0.08) 019 026 2 Dividend per share Taterim Gvidend By Orcer of the Razed For Ganware Marine Industries Place: Mumbai 5.V, Atre NOTES: The above unaudited financial results have been reviewed by the Audit Committee and approved by the Board of Directors at its meeting held on August 12, 2026. These unaudited financialr esults have been prepared in accordance with the Indian Accounting Standards ("Ind AS”) as specified under Section 133 of the Companies Act, 2013, read with Rule 3 of the Companies (Indian Accounting Standards) Rules, 2015 {as amended from time to time), the provisions of the Companies Act, 2013, and Regulation 33 of the SEBI {Listing Obligations and Disclosure Requirements) Regulations, 2015. The Statutory Auditors have carried out 2 limited review of the above financial results. The Government of India has notified four new Labour Codes effective November 21, 2025, and the Central Government has notified the Central Rules thereunder on May 8, 2026, Pursuant to these Codes, the Company has assessed and given effect to the resultant impact on salaries in these financial resuits. The previous quarter/year have been restated,regrouped and reclassified, wherever necessary, in order to make them comparable. By Order of the Board For Garware Marine Industries Limited Place : Mumbai Da: tAugeust 12, 2026 Executive Director D. KOTHARY & CO. Chartered Accountants INDIA Independent Auditor's Review Report on the Quarterly Unaudited Standalone Financial Results of the Company Pursuant to the Regulation 33 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, as amended Review Report to The Board of Directors Garware Marine Industries Limited 1. We have reviewed the accompanying statement of unaudited standalone financial results of Garware Marine Industries Limited (the ‘Company') for the quarter ended June 30, 2026 (the "Statement”) attached herewith, being submitted by the Company pursuant to the requirements of Regulation 33 of the SEBI (Listing Obligations and Disclosure Requirements) Regulatiuns, 2015, as amended (the “Listing Regulations”). 2. The preparation of the Statement in accordance with the recognition and measurement principles laid down in Indian Accounting Standard 34, (Ind AS 34) "Interim Financial Reporting” prescribed under Section 133 of the Companies Act, 2013, as amended, read with relevant rules issued thereunder and other accounting principles generally accepted in India, read with the Circular is the responsibility of the Company's management and has been ap [Showing first 8,000 characters — download PDF for full document]