Outcome of Board Meeting held on August 13, 2026 for the Quarter ended June 30, 2026.

MINAL INDUSTRIES LIMITED CIN: L32201MH1988PLC216905 Registered office: 603- | Minal Co-Op Hsg So Ltd, Off Sakivihar Road, Andheri-East Mumbai - 400072 Tel No. 022: 40707070; Email Id: cmseepz@gmail.com; Website: www.minalindustrieslimited.in Date: August 13, 2026 Department of Corporate Service (DCS-CRD), BSE Limited Phiroze Jeejeebhoy Towers, Dalal Street, Fort, Mumbai - 400 001 Subject: Outcome of Board Meeting held on Thursday, 13% day of August, 2026 pursuant to Regulation 30 & 33 of the SEBI (Listing Obligation and Disclosure Requirements) Regulations, 2015. Ref: Minal Industries Limited, Scrip Code: 522235 Pursuant to Regulation 30 & 33 read with Schedule II of the SEBI (Listing Obligations & Disclosure Requirements) Regulations, 2015 and in continuation to our letter dated 10t August, 2026, about intimating the date of Board Meeting of Minal Industries Limited (“Company”), we would like to inform you that the Board of Directors of the Company in their meeting held today i.e. Thursday, 13t day of August, 2026 at the Registered Office of the Company have inter alia, considered, recommended, and approved the following matters: 1. Un-Audited Standalone and Consolidated Financial Results of the Company for the Quarter ended 30t June, 2026 along with Limited Review Report of the Statutory Auditors on the said Un-audited Financial Results. Pursuant to Regulation 30 and 33 of the SEBI (LODR) Regulations, 2015, we enclosed Unaudited Standalone and Consolidated Financial Results and Statements of the Company for the Quarter ended 30t% June, 2026 along with Limited Review Report issued by the statutory auditors of the Company and reviewed and recommended by the Audit Committee of the Board of Directors of the Company. We are arranging to publish the said Unaudited Financial Results in newspapers in the format prescribed under Regulation 47 of Listing Regulations. 2. Took on record fine levied by BSE for non-compliance of Regulation 33 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 MINAL INDUSTRIES LIMITED CIN: L32201MH1988PLC216905 Registered office: 603- | Minal Co-Op Hsg So Ltd, Off Sakivihar Road, Andheri-East Mumbai - 400072 Tel No. 022: 40707070; Email Id: cmseepz@gmail.com; Website: www.minalindustrieslimited.in The details as required under Regulation 30 read with Schedule III of the SEBI (Listing Obligations & Disclosure Requirements) Regulations, 2015 is enclosed as “Annexure A”. Board meeting’s commencement time: 03:30 PM Board meeting’s concluded time: 04:00 PM Kindly take the same on your record and acknowledge receipt of the same. Thanking you, Yours faithfully, FOR MINAL INDUSTRIES LIMITED SHRIKANT J. PARIKH MANAGING DIRECTOR DIN: 00112642 Encl. as above 84, Janmabhoomi Marg , R H MODI & co- Office No. 4, 1st Floor, CHARTERED ACCOUNTANTS Fort, Mumbai - 400 001. (Regn No. 106486W) Phone : 022-6633/ 540302653262 RajN endra H. Modi N Email.: carhmodi61@yahoo.com B.com F.C.A. Independent Auditor’s Limited Review Report on Unaudited Standalone Financial Results of Minal Industries Limited for quarterly Ended 30* June, 2026 pursuant to the Regulation 33 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, as amended The Board of Directors, Minal Industries Limited Mumbai 1. We have reviewed the accompanying statement of unaudited standalone financial results of Minal 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) Regulations, 2015, as amended (the “Listing Regulations”). 2; The Company’s Management is responsible for 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 and in compliance with Regulation 33 of the Listing Regulations. The Statement has been approved by the Company’s Board of Directors. Our responsibility is to express a conclusion on the Statement based on our review. 3. We conducted our revioef wth e 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. A review of interim financial information consists of making inquiries, primarily of persons responsible for financial and accounting matters, and applying analytical and other review procedures. A review is substantially less in scope than an audit conducted in accordance with Standards on Auditing and consequently does not enable us to obtain assurance that we would become aware of all significant matters that might be identified in an audit. 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 accompanying Statement, prepared in accordance with the recognition and measurement principles laid down in the aforesaid Indian Accounting Standards (‘Ind AS’) specified under Section 133 of the Companies Act, 2013 as amended, read with relevant rules issued thereunder and other accounting principles generally accepted in India, has not disclosed the information required to be disclosed in terms of the Listing Regulations, including the manner in which it is to be disclosed, or that it contains any material misstatement. Material Uncertainty Related to Going Concern We draw attention to Note No 4 of the statement regarding accumulated loss of the Company is Rs. 2250.60 lakhs. However, the Company financial result has been prepared on a going concern basis. The appropriateness of the said basis is subject to the Company adhering to its continued efforts to strengthen its strategy, to expand its market, to increase its sales and eventually generate profit and availability of financial support from its promoters. Accordingly, the standalone financial statements of the Company have been prepared on a going concern basis. We have relied on the representations made to us by the management. Our opinion is not modified in respect of this matter Empbhasis of matter We draw attention to Note No 5 of the standalone financial statement which explains that interest incronle for the quarter ended 30t June 2026 amounting to Rs. 31.34 lakhs, has not been accrued for loan given to the subsidiary Minal Infojewels Limited since uncertainty exists for interest already accrued and pending realization till 30" June 2026 due to accumulated losses of the Subsidiary and have expressed its inability to pay interest till its financial condition improves. As explained to us, the management is in the process of identification of growth opportunities for the Subsidiary which will ultimately allow the Company to realise the aggregate interest and loan amount outstanding as at 30" June, 2026. We draw attention to Note No 7 of the standalone financial statement which explains that the Company has continued with the creation of provision of Rs. 600 lakhs and Rs. 1200 lakhs for impairment in the value of its investments in equity shares of its subsidiary and loan taken from its subsidiary Minal Infojewels Limited respectively for the quarter ended 30th June 2026. Our conclusion is not modified in respect of above matter FOR R H MODI and CO. CHARTERED ACCOUNTANTS Firm Registration No: 106486W R.H. Modi &0 AcK PROPRIETOR Place : Mumbai Membership No.037643 Date: 13 August, 2026 UDIN:2603764 3T KRFIS 5598 MINAL INDUSTRIES LTD Regd. Office : 603, A Wing, [Showing first 8,000 characters — download PDF for full document]