Reappointment of Executive Chairman

— TITAGARH // RAIL SYSTEMS LIMITED 12t August, 2026 BSE Limited (BSE) National Stock Exchange of India Limited (NSE) The Department of Corporate Services The Listing Compliance Department Phiroze Jeejeebhoy Towers Exchange Plaza Bandra-Kurla Complex Dalal Street, Mumbai — 400 001 Bandra (E), Mumbai — 400 051 Scrip Code: 532966 Symbol: TITAGARH Madam/Sir, Sub: Outcome of Board Meeting held today i.e., 12 August, 2026 Pursuant to provisions of Regulations 30 and 33 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 (Listing Regulations), this is to inform you that the Board of Directors of the Company at its meeting held today i.e., 12% August, 2026 , infer dlia, considered, noted and: 1. Approved the Unaudited Financial Results (Standalone and Consolidated) for the quarter ended 30% June, 2026 which are enclosed herewith along with Limited Review Report of the Auditors thereon. 2. Approved re-appointment of Shri. Jagdish Prasad Chowdhary (DIN: 00313685), Executive Chairman of the Company for a term of five years, w.e.f. 8 January, 2026 subject to shareholders’ approval at the ensuing Annual General Meeting. The meeting commenced at 01.00 P.M. and concluded at 06.30 P.M. The said disclosure is also being made available on the website of the Company at www fitagarh.in. Please take the above on record. Thanking you, yours faithfully, For TITAGARH RAIL SYSTEMS LIMITED Aditya Purohit Company Secretary & Compliance Officer M. No. ACS 27825 CIN: L27320WB1997PLC084819 Registered Office: Poddar Point, 10" Floor, 113 Park Street, Kolkata 700016, India Corporate Office: Titagarh Towers, 756 Anandapur, E.M Bypass, Kolkata 700107, India Phone:+91 33 40190800 Fax: +91 33 40190823 Email: corp@titagarh.in; Web: www.titagarh.in Price Waterhouse & Co Chartered Accountants LLP Salarpuria & Partners Plot No. 56 & 57, Block DN Chartered Accountants Sector V, Salt Lake 7, C.R. Avenue, Kolkata- 700 072 Kolkata 700 091 Review Report The Board of Directors Titagarh Rail Systems Limited Poddar Road, 10 th Floor, 113 Park Street, Kolkata - 700016 1. We have jointly reviewed the standalone unaudited financial results of Titagarh Rail Systems Limited (the “Company”) for the quarter ended June 30, 2026 which is included in the accompanying ‘Statement of Standalone Unaudited Financial Results for the Quarter Ended June 30, 2026’ (the “Statement”). The Statement has been prepared by the Company pursuant to Regulation 33 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, as amended (the “Listing Regulations, 2015”) which has been initialled by us for identification purposes. The Statement is the responsibility of the Company's Management and has been approved by the Board of Directors. Our responsibility is to issue a report on the Statement based on our review. 2. 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. This Standard requires that we plan and perform the review to obtain moderate assurance as to whether the Statement is free of material misstatement. 3. 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. Based on our review conducted as above, nothing has come to our attention that causes us to believe that the Statement has not been prepared in all material respects in accordance with the applicable Accounting Standards prescribed under Section 133 of the Companies Act, 2013 and other recognised accounting practices and policies and has not disclosed the information required to be disclosed in terms of Regulation 33 of the Listing Regulations, 2015 including the manner in which it is to be disclosed, or that it contains any material misstatement. We draw attention to Note 4 to the Statement regarding the restatement of prior period comparative financial information by correcting certain prior period errors in accordance with Ind AS 8 “Accounting Policies, Changes in Accounting Estimates and Errors” as more fully described in the aforesaid Note. Our conclusion is not modified in respect of this matter. For Price Waterhouse & Co Chartered Accountants LLP For Salarpuria & Partners Firm Registration Number: 304026E/E-300009 Chartered Accountants Firm Registration Number: 302113E it Agrawal Anand Prakash Partner Partner Membership Number: 099903 Membership Number: 056485 UDIN: 26099903HLLPBR9605 UDIN: 26056485UBUDJV4414 Place: Kolkata Place: Gurugram Date: August 12, 2026 Date: August 12, 2026 TITAGARH RAIL SYSTEMS LIMITED CIN NO: L27320WB1997PLC084819 REGISTERED OFFICE: PODDAR POINT, 113 PARK STREET, 10TH FLOOR, KOLKATA - 700016 TEL: 033-4019 0800/FAX: 0334019 0823, WEB SITE: WWW.TITAGARH.IN, EMAIL: INFO@TITAGARH.IN STATEMENT OF STANDALONE AUDITED FINANCIAL RESULTS FOR THE QUARTER ENDED JUNE 30 2026 {Rs. in Crores)| QUARTER ENDED ___ YEAR ENDED Ju30n, 2e026 | Mar31,c 20h26 June 30, 2025 Mar31,c 20h26 L No. PARTICULARS Unsodited | _Unaudned Unaudited (Refer Note 7 (Restated) Audited bolow) | (ReNotef 4 ebelrow) 1 [Revenue from Operatons 73506 85854 67400 314358 2 |Other Income 631 1037 1164 4717 3 [Total Income 74137 868.91 685.64 319075 4 |Expenses a) Costof Raw Matenials & ComponCeonnsutmsed 54831 62401 49962 231821 b) g;-‘m in Inveniones of Firvshed Goods, Work-in-progress and Saleable (937) 153 (18.36) (27 88) <) Employee Benefts Expense %682 253 2401 10184 d) Finance Costs 1509 1678 1783 7037 €) Depreandc Amiortaizattoni Exopennse 1486 1410 "n 5022 0 Otner Expenses 7528 10266 9163 38277 Total Expenses (a to f) 670.99 785.61 626.44 2,895.53 5 |Profit before Exceptional items and Tax (3-4) 7038 83.30 59.20 295.22 6 |Exceptonal ltems (Refer Note 3) g (720) 5396 5758 7 |Profit before Tax (546) 7038 90.50 524 2764 8 |income Tax Expense a) Curmentatx (including earlier years) 7n 2836 1418 7935 b) Deferred Tax - Cha/r (Cgredeit) 068 (588) 018 (5 62)] Total Income Tax Expense 18.39 2248 14.38 7373 9 |Profit for the Period/ Year from continuing operations (7-8) 519 68.02 (9.10) 183.91 10 [Loss from discontinued operations (Refer Nole 6 below) . - (206) (1462) 11 |Tax expense of discontinued operations. . 005 (161) 12 |Loss for the PerioYdea/r from discontinued operations (10-11) - - (2.11)) (13.21)] 13 |Profit/ (Loss) for the Period! Year (9+12) 5199 68.02 (11.21) 150.70 14 |Other Comprehensive income Item that will not be reclassified to profit or loss: Runcusurcient guiie/ (uss) on defined benefit plans [0 L2y (1)) 13 Income tax on above (0.09) 007 004 (034) Total Other Comprehensive Income 025 (0.22) (0.12)| 1.02 15 |Total Comprehensive Income for the Period! Year (13+14) 52.24 67.80 (11.33) 151.72 16 |Paid-up Equity Share Captal (Face valve Rs 2/- each) 269 %693 2693 2693 17 |Other Equity 245604 [Eamings per Equity Share (of Rs. 2 sach) 18 || Not Annualised except for the year ended March 31, 2026) For Continuing Operations -Basic (Rs) 386 505 (068) 1217 - Diluted (Rs ) 380 505 (088)| 1216 For Discontinued Operations. -Basic (Rs) (016) (098)| - Diluted (Rs) (016) ©98)| For Continuing and Discontinued Operations. -Basc(Rs) 386 505 (084) 119 - Diluted (Rs ) 380 505 (0.84) ne TITAGARN RAIL SYSTEMS LIMITED CIN NO: L27320WB1997PLC084819 REGISTERED OFFICE: PODDAR POINT, 113 PARK STREET, 10TH FLOOR, KOLKATA - 700016 TEL: 033-4019 0800/FAX: 0334019 0823, WEB SITE: WWW.TITAGARH.IN, EMAIL: INFO@TITAGARH.IN STANDALONE SEGMENTWISE REVENUE, RESULTS, ASSETS AND LIABILITIES (Rs. in Crores) QUARTER ENDED YEAR ENDED Ju30n, 2e026 | March 31,2026 | June30, 2025 | March 31,2028 st ARTICULARS e i Unsudted | Unsudiied Uoseted (Refer Note 7 (Restated) Audited beiow) | (Refer Note4 below) 1 |Segment Revenue a) Freght Rai Systems 50531 68521 596 [Showing first 8,000 characters — download PDF for full document]