Un-audited Financial Results for the quarter ended June 30, 2025, Standalone and Consolidated

MADHAV MARBLES AND GRANITES LIMITED CIN: L14101RJ1989PLC004903 Regd. Office: Third Floor, “Mumal Towers”, 16, Saheli Marg, Udaipur (Raj.) 313 001 Phone: 91-0294-2981666, E-mail:investor.relations@madhavmarbles.com Website: www.madhavmarbles.com Date: August 13, 2026 BSE Limited National Stock Exchange of India Limited Phiroze Jeejeebhoy Towers, Exchange Plaza, Bandra Kurla Complex, Dalal Street, Mumbai – 400 001 Bandra (East), Mumbai – 400 051 Scrip Code: 515093 Symbol: MADHAV Sub: Outcome of the Meeting of the Board of Directors of the Company held on Thursday, August 13, 2026 Dear Sir/Madam, Pursuant to Regulation 30 read with Para A of Part A of Schedule III and Regulation 33 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 (“SEBI Listing Regulations”), we wish to inform that the Board of Directors of Madhav Marbles and Granites Limited (“Company”), at its Meeting held on Thursday, August 13, 2026, which commenced at 12:30 p.m. and concluded at 3.45 p.m., has, inter alia, considered and approved/noted/recorded the following matters: 1. Standalone and Consolidated Un-audited Financial Results for the quarter ended June 30, 2026 2. Modification of limit for material Related Party Transactions with Madhav Ashok Ventures Private Limited (MAVPL), a subsidiary: Approved modification of the aggregate limit for material RPTs with MAVPL from INR 50 Crores to INR 45 Crores for the period from conclusion of the 37th AGM to conclusion of the 38th AGM, subject to approval of Members at the ensuing AGM. 3. Modification of limit for material Related Party Transactions with Madhav Natural Stone Surfaces Private Limited (MNSSPL), a subsidiary: Approved modification of the aggregate limit for material RPTs with MNSSPL from INR 10 Crores to INR 8 Crores for the period from conclusion of the 37th AGM to conclusion of the 38th AGM, subject to approval of Members at the ensuing AGM 4. Modification of limit for material Related Party Transactions with Madhav Surfaces FZC LLC (MSL), a Joint Venture: Approved modification of the aggregate limit for material RPTs with MSL from INR 40 Crores to INR 55 Crores for the period from conclusion of the 37th AGM to conclusion of the 38th AGM, subject to approval of Members at the ensuing AGM. 5. Approved re-appointment of Mr. Madhav Doshi, CEO and Managing Director for a further term of 3 years w.e.f. May 01, 2027 to April 30, 2030, on the recommendation of the Nomination and Remuneration Committee, subject to approval of Members at the ensuing AGM 6. Approved re-appointment of Mrs. Riddhima Doshi, Whole Time Director for a further term of 3 years w.e.f. February 01, 2027 to January 31, 2030, on the recommendation of the Nomination and Remuneration Committee, subject to approval of Members at the ensuing AGM. 7. Approved re-appointment of Mr. P Y Venkataraman, Independent Director for a second term of two years w.e.f. April 01, 2027 to March 31, 2029, based on performance evaluation and recommendation of the Nomination and Remuneration Committee, subject to approval of Members by Special Resolution at the ensuing AGM. 8. Approved re-appointment of Mr. Devendra Manchanda, Independent Director for a second term of three years w.e.f. November 01, 2026 to October 31, 2029, based on performance evaluation and recommendation of the Nomination and Remuneration Committee, subject to approval of Members by Special Resolution at the ensuing AGM. 9. Approved re-appointment of Mr. Arumugam Sivadasan, Independent Director for a second term of five years w.e.f. April 05, 2027 to April 04, 2032, based on performance evaluation and recommendation of the Nomination and Remuneration Committee, subject to approval of Members by Special Resolution at the ensuing AGM 10. Approved appointment of M/s TM and Associates, Chartered Accountants, Udaipur, as Internal Auditors of the Company for FY 2026-27, on the recommendation of the Audit Committee. Annexure II attached with. MADHAV MARBLES AND GRANITES LIMITED CIN: L14101RJ1989PLC004903 Regd. Office: Third Floor, “Mumal Towers”, 16, Saheli Marg, Udaipur (Raj.) 313 001 Phone: 91-0294-2981666, E-mail:investor.relations@madhavmarbles.com Website: www.madhavmarbles.com 11. Approved the Notice convening the 37th Annual General Meeting (AGM) of the Company proposed to be held on Wednesday, September 30, 2026, at 11:30 A.M. IST through Video Conferencing (VC)/Other Audio Visual Means (OAVM), deemed to be held at the Registered Office of the Company. Further, the Notice convening the 37th Annual General Meeting, along with the Annual Report will be submitted to the Stock Exchanges in due course. 12. Acceptance of an unsecured loan of up to INR Six Crores Rupees, in one or more tranches, from Mr. Madhav Doshi and Mrs. Riddhima Doshi, Executive Directors of the Company forming part of the Promoter/Promoter Group, subject to, the approval of the shareholders of the Company by way of a Special Resolution under Section 180(1)(c) of the Companies Act, 2013 and in compliance with Regulation 23 of the SEBI LODR Regulations. 13. Approved Reconstitution of Nomination and Remuneration Committee. The new Composition of Committee is as below: Effective date of Reconstitution: August 13, 2026 S. Name Category Designation 1 Ms. Surbhi Yadav Non- Executive Independent Chairman 2 Mr. Devendra Manchanda Non- Executive Independent Member 3 Mr. Arumugam Sivadasan Non- Executive Independent Member A copy of the Standalone and Consolidated Un-audited Financial Results for the quarter ended June 30, 2026, along with the Limited Review Report of the Statutory Auditors thereon is enclosed herewith in compliance with Regulation 33 of the SEBI Listing Regulations. The re-appointments at Sr. Nos. 5 to 9 above and as detailed in Annexure I, being subject to the approval of the Members of the Company, shall be placed before the Members at the ensuing Annual General Meeting of the Company by way of Special Resolution(s), together with the requisite explanatory statement under Section 102 of the Companies Act, 2013 and the disclosures required under Regulation 36(3) of the SEBI Listing Regulations and applicable Secretarial Standards. Further, in continuation to the Intimation dated May 29, 2026 regarding Investment in Madhav Surfaces FZC LLC, the ODI Filing has been processed through HDFC and the Equity application of OMR 400,000 is under execution, to be made at a Face value of OMR 1 per share, with funds to be utilized for Working Capital requirements. Further, in terms of the Company's Code of Conduct for Prevention of Insider Trading, framed pursuant to the SEBI (Prohibition of Insider Trading) Regulations, 2015, the Trading Window for dealing in the securities of the Company, which was closed with effect from July 01, 2026, shall remain closed until 48 hours after the above Financial Results are made public. This disclosure is being made within the timeline prescribed under Regulation 30(6) of the SEBI Listing Regulations. This is for your information and records. Thanking you, Yours faithfully, For Madhav Marbles and Granites Limited Priyanka Manawat Company Secretary & Compliance Officer MADHAV MARBLES AND GRANITES LIMITED CIN: L14101RJ1989PLC004903 Regd. Office: Third Floor, “Mumal Towers”, 16, Saheli Marg, Udaipur (Raj.) 313 001 Phone: 91-0294-2981666, E-mail:investor.relations@madhavmarbles.com Website: www.madhavmarbles.com Annexure I Details required under Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, read with SEBI Master Circular No. HO/49/14/14(7)2025-CFD-POD2/I/3762/2026 dated January 30, 2026 as amended Particulars Disclosure Name of the Director Mr. Madhav Mrs. Riddhima Mr. Devendra Mr. P Y Mr. Arumugam and DIN Doshi DIN: Doshi, DIN: Manchanda, DIN Venkataraman, Sivadasan, DIN: 07815416 07815378 00185342 DIN 10571566 10581241 Reason for Change Reappointment Reappointment Reappointment as Reappointment Reappointment as as CEO and as Whole Time Non - [Showing first 8,000 characters — download PDF for full document]