Outcome of Board Meeting

‘\ i MERCURY EV-TECH LIMITED 13th August, 2026 To, To, Asst. Vice President, The Manager (Listing) National Stock Exchange of India Ltd., BSE Limited Exchange Plaza, Plot C/1, G Block Floor 25, P J Tower, Bandra-Kurla Complex, Bandra (E), Dalal Street, Mumbai — 400001 Mumbai — 400 051 Scrip Code: 531357 Scrip Name: MERCURYEV Sub: Outcome of Board Meeting held on Thursday, 13t August, 2026. Dear Sir/Madam, We hereby inform you that as per Regulation 30 and 33 of SEBI (Listing Obligations and Disclosures Requirements) Regulations, 2015, the Board of Directors of the Company at their board meeting held today ie., Thursday, 13t% August, 2026, has inter-alia, considered and approved the following items: 1. The Un-Audited Standalone and Consolidated Financial Results for the Quarter ended 30t June, 2026. In terms of Regulation 33 of SEBI (Listing Obligations and Disclosures Requirements) Regulations, 2015, we are enclosing herewith the copy of following: (i) Un-audited Financial Results (Standalone & Consolidated) for the quarter ended June 30, 2026; (i) Limited Review Reports on the said Un-audited Financial Results received from the from the Statutory Auditors of the Company; and 2. Took note of the resignation of M/s. SJV & Associates, practicing Company Secretaries as Secretarial Auditor of the Company; 3. Appointment of M/s. Nisarg Sharma & Associates, Practising Company Secretaries as Secretarial Auditor of the Company to fill the casual vacancy caused by the resignation of M/s. SJV & Associates. The above information will also be hosted on the webslte of the Company; www.mercuryevtech.com. in due course. The Board Meeting commenced at 03.00 p.m. and concluded at 05.00 p.m. on the same day. You are requested to take note of the above. Thanking You Yours Faithfully me EV-TECH LIMITED KRISHNA NAIK Company Secretary Enclosures:- As Above © +912662222777 | = info@mercuryevtech.com | ©Q Block No. 28, Netional Highway No.8, Manglege. Vadodara, o L271096J1986PLCO08770 @ www.mercuryevtech.com Gujerat-391243 MERCURY EV-TECH LIMITED CIN NO. L27109GJ1986PLC008770 Regd. Office : Block No. 28, Vill - Manglej, Ta-Karjan, Dist. Vadodara, 391243, Manglej, Vadodara, Karjan, Gujarat, India E-mail id: info@mercuryevtech.com Phone: (0265) 2222777 website: www.mercuryevtech.com STATEMENT OF UN-AUDITED STANDALONE FINANCIAL RESULTS FOR THE QUARTER ENDED ON JUNE 30, 2026 __(Rs. In Lakhs Except EPS and Face Value of Share)| Quarter Ended Year Ended Particulars June 30,2026 | March 31,2026 | June 30,2025 | March 31,2026 Un-Audited Audited Un-Audited Audited I| Revenue from operations 2,066.83 1,366.59 490.84 4,527.21 II| Other Income 335 399.32 38.71 503.13 III| Total Revenue (I+IT) 2,068.08 1,765.92 529.55 5,030.34 Iv| Expenses Cost of material consumed 575.08 217.50 75.11 1,599.17 Purchase of stock in trade 898.84 1,097.49 197.62 1,686.52 Changes in inventories of Finished Goods, B (89.64) (16.90) (76.16) Work-in-Progress and Stock-in-trade Employee benefits expenses 139.90 146.38 134.03 597.65 Finance Costs 57.36 24.28 1.15 32.43 Depreciation and amortization expense 82.06 92.53 20.69 284.82 Other Expenses 144.64 159.59 69.57 478.95 Total Expenses 1,897.88 1,648.13 481.27 4,603.38 V| Profit before exceptional and 170.20 117.79 48.28 426.96 extraordiitnemas raynd tax (III-IV) V1| Exceptional Items b = = L) VII| Profit before extraordinary items and tax 170.20 117.79 48.28 426.96| (V-VI) VIII| Extraordinary items = = = = IX| Profit before tax (VII-VIII) 170.20 117.79 48.28 426.96 X| Tax Expenses 26.09 61.84 12.55 143.83 1) Current tax 26.09 30.04 12.55 112.03 2) Deferred tax - 31.81 - 31.81 3) Short / (Excess) Provision of Income Tax of B - B - Previous Years XI| Profit (Loss) for the period from 144.11 55.94 35.73 283.12 continuing operations (IX-X) XII| Profit / (Loss) from discontinuing - - - - operations XIII| Tax expenses of discontinuing operations = = s = XIV[ Profit / (Loss) from discontinuing operations - - - - (after tax) (XII-XIIT) XV| Net Profit / (Loss) for the period 144.11 55.94 35.73 283.12 (XI+XIV) XVI| Other Comprehensive income = - 5 = A) (i) Items that will not be reclassified to profit - = B - or lo: (ii) Income tax relating to items that will not B - - - be reclassified to profit or lo B) (i) Items that will be reclassified to profit or = 5 £ = los: (i) Income tax relating to items that will be = = = ® reclassified to profit or loss XVII| Total Comprehensive Income 144.11 55.94 35.73 283.12 XVIII| Paid up Equity Share Capital (Face Value 1,899.73 1,899.73 1,899.73 1,899.73 Rs. 1/- each) XIX| Other Equity excluding Revaluation - - - - _Reserve XX| Earning per share 1) Basic 0.076 0.029 0.019 0.149 2) Diluted 0.076 0.029 0.019 0.149 RAICHANDBHAI THAKKAR DATE: 13.08.2026 "HAIRMAN & MANAGING DIRECTOR PLACE: VADODARA DIN : 01631093 Notes to Standalone Financial Results - Q1 FY 2026-2027. 1 The above results which are published have been reviewed and approved by the Board of Directors of the Company at their meeting held on 13th August 2026. The financial results of the Company have been prepared in accordance with the Indian Accounting Standards (Ind AS) as prescribed under Section 133 of the Companies Act, 2013 read with relevant rules Issued thereunder and the other accounting principles generally accepted In India.) The unaudited financial results for the quarter ended June 30th 2026 have been subjected to limited review by the Statutory Auditors. The above standalone financial results have been reviewed and recommended by Audit Committee and have been approved and taken on record by Board of Directors at its meeting on 13th August 2026. The limited review as required under Regulation 33 of the SEBI (Listing Obligation and Disclosure Requirements) Regulations, 2015 has been completed by the auditors of Company. Figures for the previous periods have been regrouped and/or rearranged and/or reclassified wherever necessary to make them comparable with those of current periods. During the quarter ended 30 June 2026, the Company, pursuant to the Board Resolution No. 3 dated 12.05.2026, approved the forfeiture of 4,53,00,000 Convertible Warrants issued on a preferential basis at %75 per warrant. As per the terms of issue and Regulation 169 of the SEBI (Issue of Capital and Disclosure Requirements) Regulations, 2018, the warrant holders had paid 25% of the warrant issue price upfront. Since the balance 75% of the consideration was not received and the warrants were not exercised within the stipulated period of 18 months from the date of allotment, the warrants stood forfeited. Consequently, the amount received on such warrants aggregating to ¥85.07 Crore has been transferred to Capital Reserve. The said transaction has no impact on the Company's profitability for the quarter ended 30th June| 2026. Basic EPS and Diluted EPS has been Calculated with Total No. of Equity Shares held as on 30.06.2026 i.e. 18,99,73,058 FOR, MERCURY EV-TECH LIMITED DATE: 13.08.2026 RAICHANDBHAI THAKKAR [PLACE: VADODARA CHAIRMAN & MANAGING DIRECTOR DIN : 01631093 Tejas K. Soni & Company B +919408151293 ¥ info@tksoni.co.in © 919723451293 www.tksoni.co.in Limited Review Report on Un-Audited Standalone Quarterly Financial Results of MERCURY EV-TECH LIMITED pursuant to the Regulation 33 of the SEBI (Listing Obligation and Disclosure Requirement) Regulations, 2015 for the Quarter ended on June 30, 2026. Board of Directors of MERCURY EV-TECH LIMITED INTRODUCTION 1. We have reviewed the accompanying statement of Un-Audited Standalone Financial Results of MERCURY EV-TECH LIMITED (“the Company”) for the Quarter ended on June 30, 2026, (“the Statement”) attached herewith. This Statement, which is the responsibility of the Company’s Management and approved by the Company’s Board of Directors, has been prepared pursuant to the requirements Regulation 33 of the SEBI (Listing Obligation and Disclosure Requirements) Regulations, 2015 as amended (the “Listing Regulations”). 2. This Statement, which [Showing first 8,000 characters — download PDF for full document]