Outcome of Board Meeting

ELOI Elgi Rubber Company Limited Super A Unit eCoimbatore Private Industrial Estate e Kuruchi e Coimbatore 641 021 e India e CIN : L25119TZ2006PLC013144, +91 98945 1000 e info@in.elgirubber.com e www.elgirubber.com. Ref: ERCL/SEC/2026/AUG/03 12" August 2026 The Manager - Listing, National Stock Exchange of India Limited, Exchange Plaza, Bandra Kurla Complex, Bandra East, Mumbai — 400 051 Dear Sirs, Sub : Submission of outcome of Board meeting pursuant to Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 (“Listing Regulations”) Symbol : ELGIRUBCO Pursuant to Regulation 30 of the Listing Regulations, we would like to inform that the Board of Directors of the Company, at their meeting held today, Wednesday, 12‘ August, 2026, has inter alia approved the following matters: 1. Approval for reversal of the interest receivable from the overseas wholly owned subsidiaries recognized during the quarter ended June 30, 2026 Based on the recommendation of the Audit Committee, the Board of Directors has approved for reversal of the interest on the loans and advances, in aggregate amounting to Rs.16.60 million, receivable from the following overseas wholly-owned subsidiaries recognized during the quarter ended 30' June, 2026, as per the details given below, with an intention to reduce the interest burden and related costs in the respective wholly-owned subsidiaries and to further help in improving the financial position of the respective wholly-owned subsidiaries: Sl. Name of the wholly-owned subs idiary Amount of reversal of the No. interest during the QY 30-06-2026 (Rs.) 1 Elgi Rubber Company LLC, USA 2.09 million 2 Borrachas e Equipamentos Elgi Ltda, Bras il 14.51 million The disclosure required under Regulation 30 read with Schedule III of the Listing Regulations and the SEBI Master Circular No. HO/49/14/14(7)2025-CFD-POD2/I/3762/2026 dated January 30, 2026, is given as Annexure-A. 2. Approval of Unaudited Financial Results (Standalone and Consolidated) for the quarter ended 30" June, 2026 Pursuant to Regulation 33 of the Listing Regulations, we enclose herewith the unaudited financial results (standalone & consolidated) for the quarter ended 30" June, 2026 along with the Limited Review Report issued by the Statutory Auditors dated 12" August, 2026. Further, it is informed that the Statutory Auditors have expressed an unmodified opinion in this regard. ELOI Elgi Rubber Company Limited Super A Unit eCoimbatore Private Industrial Estate e Kuruchi e Coimbatore 641 021 e India e CIN : L25119TZ2006PLC013144, +91 98945 1000 e info@in.elgirubber.com e www.elgirubber.com. Pursuant to Regulation 47 of the Listing Regulations, the extract of the consolidated unaudited financial results for the quarter ended 30'" June, 2026 along with the Quick Response (QR) code will be published in the prescribed format in English and Tamil language newspapers within the prescribed time. The above financial results will also be made available on the Company’s website www.elgirubber.com 3. Approval for voluntary winding up of a dormant non-material wholly-owned subsidiary in Kenya Based on the recommendation of the Audit Committee, the Board of Directors has granted their approval to voluntarily initiate the winding up process of its wholly-owned subsidiary viz., Elgi Rubber Company Limited in Kenya, which is being under dormant status and being inoperative during the immediately preceding five financial years, subject to the requisite consents, permissions and approvals as may be required under applicable laws. It is further informed that Elgi Rubber Company Limited, Kenya is not a material subsidiary and its closure by way of voluntary winding up does not have any material impact on the business activities, revenue or financial position of the Company. The disclosure required under Regulation 30 read with Schedule Ill of the Listing Regulations and the SEBI Circular No. HO/49/14/14(7)2025-CFD-POD2/l/3762/2026 dated January 30, 2026, is given as Annexure- 4. Approval for voluntary winding up of an inoperative non-material wholly-owned subsidiary in Australia Based on the recommendation of the Audit Committee, the Board of Directors has granted their approval to voluntarily initiate the winding up process of its wholly-owned subsidiary viz., Pincott International Pty Limited in Australia, which is being inoperative during the immediately preceding six financial years, subject to the requisite consents, permissions and approvals as may be required under applicable laws. It is further informed that Pincott International Pty Limited, Australia is not a material subsidiary and its closure by way of voluntary winding up does not have any material impact on the on the business activities, revenue or financial position of the Company. The disclosure required under Regulation 30 read with Schedule III of the Listing Regulations and the SEBI Circular No. HO/49/14/14(7)2025-CFD- POD2/I/3762/2026 dated January 30, 2026, is given as Annexure-C. The Board Meeting commenced at 11:30 AM (IST) and concluded at 3:45 PM (IST). Kindly take the above on record. Thanking you, Yours faithfully, For Elgi Rubber Company Limited Faizur Rehman Allaudeen Company Secretary M. No. A70055 Encl: As above ELOI Elgi Rubber Company Limited Super A Unit eCoimbatore Private Industrial Estate e Kuruchi e Coimbatore 641 021 e India e CIN : L25119TZ2006PLC013144, +91 98945 1000 e info@in.elgirubber.com e www.elgirubber.com. ANNEXURE-A DISCLOSURE REQUIRED UNDER REGULATION 30 READ WITH SCHEDULE Ill OF THE LISTING REGULATIONS AND THE SEBI MASTER CIRCULAR NO. HO/49/14/14(7)2025-CFD- POD2/I/3762/2026 DATED JANUARY 30, 2026 Details and reasons for Based on the recommendation of the Audit restructuring Committee, the Board of Directors, at their meeting held on 12'" August, 2026, has approved for reversal of the interest receivable on the loans and advances, in aggregate amounting to Rs.16.60 million, from the following overseas wholly-owned subsidiaries to the Company recognized during the QY 30" June 2026, with an intention to reduce the interest burden and related costs in the respective wholly-owned subsidiaries and to further help in improving the financial position of the respective wholly-owned subsidiaries, Elgi Rubber Company LLC, USA (Rs.2.09 mn) Borrachas e Equipamentos Elgi Ltda, Brasil (Rs.14.51 mn) Quantitative and/ or qualitative The reversal of the interest receivable on the loans effect of restructuring and advances, in aggregate amounting to Rs.16.60 million, payable by Elgi Rubber Company LLC, USA and_ Borrachas e Equipamentos Elgi Ltda, Brasil; recognized during the quarter ended 30" June 2026 would reduce the interest burden and related costs in the respective wholly-owned subsidiaries and it would further help in improving the financial position of the respective wholly-owned subsidiaries. Details of benefit, if any, to the There is no benefit to the promoter/promoter promoter / promoter group / group/group companies due to the above reversal group companies from such of interest receivable from the wholly owned proposed restructuring subsidiaries on the loans and advances recognized for the quarter ended 30" June 2026, as mentioned above. Brief details of change in There will be no change in shareholding pattern of shareholding pattern (if any) of the Company or its wholly owned subsidiaries or all entities any other entity due to the above reversal of the interest in favour of the wholly owned subsidiaries. ELOI Elgi Rubber Company Limited Super A Unit eCoimbatore Private Industrial Estate e Kuruchi e Coimbatore 641 021 e India e CIN : L25119TZ2006PLC013144, +91 98945 1000 e info@in.elgirubber.com e www.elgirubber.com. ANNEXURE-B DISCLOSURE REQUIRED UNDER REGULATION 30 READ WITH SCHEDULE Ill OF THE LISTING REGULATIONS AND THE SEBI CIRCULAR NO. HO/49/14/14(7)2025- CFD-POD2/I/3762/2026 DATED JANUARY 30, 2026 a. | Amount and percentage of the | Elgi Rubber Company [Showing first 8,000 characters — download PDF for full document]