Intimation regarding setting up of new machining division at South Campus

SEC/BSE/19/2026-27 13th August, 2026 The Manager Corporate Relationship Department, BSE Limited, Rotunda Building, Phiroze Jeejeebhoy Towers Dalal Street, Mumbai- 400 001 Scrip Code : 517449 ISIN : INE437D01010 Dear Sir, Sub : Outcome of Board Meeting held on Thursday, 13th August, 2026; Ref : Intimation under Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015; Pursuant to Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, we hereby inform that the Board of Directors of the Company at their meeting held today, Thursday, 13th August, 2026 has inter alia considered the following: 1. Approved the Unaudited Financial Results for the quarter ended 30th June, 2026 as per Regulation 33 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The Financial Results along with Limited Review report issued by Statutory Auditors is enclosed as Annexure – 1. 2. Based on the recommendation of the Audit Committee, the Board of Directors has granted its In-principle approval for the proposed merger of Samrajyaa Precision Machining Private Limited (“Transferor Company”) with Magna Electro Castings Limited (“Transferee Company” or “Company”) under Sections 230 to 232 and other applicable provisions of the Companies Act, 2013 (“Scheme”). The Board of Directors of the Company have also granted their approval for the appointment of Registered Valuer to carry out the valuation of the Company to determine the share exchange ratio for the purpose of merger and for the appointment of Merchant Bankers to provide a fairness opinion on the said valuation report. The proposed Scheme of Amalgamation along with the valuation report and other relevant documents will be placed for further consideration and approval of the Independent Directors, Audit Committee and Board of Directors at a subsequent meeting. The Scheme, if approved by the Board of Directors in a subsequent meeting, shall also be subject to the requisite approval / permission / no objection / sanction of the shareholders and creditors of the respective companies, BSE Limited, the Hon’ble National Company Law Tribunal at Chennai Bench and such other statutory and other regulatory authorities as may be required in this regard. 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 30th January, 2026, are given as Annexure - 2. 3. Approved the proposal for setting up of a new machining division at the South Campus situated at 49/3 & 38/2F1B, Coimbatore - Pollachi Main Road, Mullipadi village, Tamaraikulam Post, Kinathukkadavu Taluk, Coimbatore – 642109. 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 30th January, 2026, are given as Annexure - 3. The meeting of Board of Directors commenced at 12.40 P.M. and concluded at 1.10 P.M. Kindly take this information on record. Thanking you For Magna Electro Castings Limited Divya Duraisamy Company Secretary and Compliance Officer Encl: As above MAGNA ELECTRO CASTINGS LIMITED CIN: L31103TZ1990PLC002836 Regd. Office: SF No.34 and 35, Coimbatore Pollachi Main road, Mullipadi village, Tarnaraikulam Post, Kinathukkadavu Taluk, Coimbatore District 642 109 E-mail: info@magnacast.com, Website: www.magnacast.com Statement of Unaudited Financial Results for the Quarter Ended 30th June 2026 (Rs. in Lakhs) Quarter Ended Year Ended S.No. Particulars (Unaudited) (Audited) (Unaudited) (Audited) 30.06.2026 31.03.2026 30.06.2025 31.03.2026 1 Income Revenue from Operations 5,081.48 4,761.11 4,852.01 19,643.75 Other Income 48.88 51.68 45.33 189.89 Total Income 5,130.36 4,812.79 4,897.34 19,833.64 2 Expenses Cost of Materials Consumed 1,752.48 1,479.94 1,399.68 6,084.16 Changes in inventories of Finished Goods and Work in progress (176.82) (139.12) (27.80) (387.87) Manufacturing Expenses 1,501.93 1,586.34 1,388.24 6,068.38 Employee Benefits Expense 680.76 677.12 576.65 2,486.81 Finance Costs 29.26 41.71 2.89 98.52 Depreciation and Amortization Expenses 261.27 251.04 128.82 887.38 Other Expenses 578.42 501.91 536.75 2,078.42 Total Expenses 4,627.30 4,398.94 4,005.23 17,315.80 3 Profit/ (Loss) before tax 503.06 413.85 892.11 2,517.84 4 Tax Expense 130.51 148.18 226.56 670.39 5 Profit/ (Loss) for the period 372.55 265.67 665.55 1,847.45 6 Other Comprehensive Income for the period after tax - (38.66) - (23.96) 7 Total Comprehensive Income for the period 372.55 227.01 665.55 1,823.49 8 Paid-up Equity Share Capital (Face Value of Rs.10 each/-) 423.21 423.21 423.21 423.21 14,076.76 9 Reserves and Surplus (Other Equity) 10 Earnings per equity share of Rs.10 each (Face Value of Rs.10 each/-) 1) Basic 8.80 6.28 15.73 43.65 2) Diluted 8.80 6.28 15.73 43.65 Notes: 1 The above statement has been reviewed by the Audit Committee and approved by the Board at their respective meetings held on 13th August 2026. 2 The statutory auditors have carried out a "Limited Review'' for the above financial results. 3 This statement has been prepared in accordance with the Companies (Indian Accounting Standards) Rules, 2015 (Ind AS), as amended from time to lime, prescribed under Section 133 of the Companies Act, 2013 and other recognised accounting practices and policies to the extent applicable. 4 The Company does not have any Subsidiary/Associate/Joint Venture and hence preparation of Consolidated Financial Results for the quarter ended 30th June 2026 are not applicable. 5 The Company operates in a single operating segment in accordance with Ind AS 108-Operating Segments. All the revenues, results, assets and liabilities of the Company relate to this single operating segment. Accordingly, no separate segment information is required to be disclosed. 6 The previous period figures have been regrouped/reclassified wherever necessary to conform to the classification for this quarter. For Magna Electro Castings Limited N. Krishnasamaraj Managing Director Place : Coimbatore DIN : 00048547 Date : 13.08.2026 • VKS Aiyer & Co., Chartered Accountants Independent Auditor's Review Report on Interim Financial Results To the Board of Directors Magna Electro Castings Limited 1. We have reviewed the accompanying Statement of Unaudited Financial Results of Magna Electro Castings Limited ('the Company') for quarter ended 30th June, 2026 (''.the Statement"), being submitted by the Company pursuant to the requirements of Regulation 33 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, as amended ("Listing Regulations"). 2. This Statement, which is the responsibility of the Company's Management and approved by the Company's Board of Directors, has been prepared in accordance with the recognition and measurement principles laid down in the Indian Accounting Standard 34 - "Interim Financial Reporting" ("Ind AS 34"), prescribed under Section 133 of the Companies Act, 2013 ("the Act") and in compliance with regulation 33 of the listing regulations and other accounting principles generally accepted in India. Our responsibility is to issue a report on the Statement based on our review. 3. We conducted our review of the statement in accordance with the Standard on Review Engagement (SRE) 2410, "Review of Interim Financial lnformat_ion 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. 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. A review is substantially less in scope than an_a udit conducted in accordance with Standards on Auditing and consequently [Showing first 8,000 characters — download PDF for full document]