Considered and approved Sub-division/ split of 1 (One) existing equity share of the Company having face value of Rs. 10/- (Rupees Ten only) each, fully paid-up, into 5 (Five) equity shares ....

~ G-6, 8th Floor, Everest Building, Janata Nagar, Tardeo Road, ~ Tardeo, Mumbai - 400034. ~ +91 -99306 48177 info@azadindiamobility.com www.azadindiamobility.com Date: 13th August 2026 The Deparhnent of Corporate Services, Bombay Stock Exchange Limited 14th Floor, P.J. Towers, Dalal Street, Mumbai 400001. Dear Sir/ Madam, Subject: -Outcome of Board Meeting held on Thursday, 131h August, 2026. BSE Scrip Code: 504731 Pursuant to the provisions of Regulation 30 (2) of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015, we wish to inform your good self that the Board of Directors of our Company in their meeting held on Thursday, 131h August, 2026 has considered and approved as under: 1. The Un-Audited Financial Results (Standalone & Consolidated) along with Limited Review Report for the quarter ended 30th June, 2026 prepared in terms of IND-AS, pursuant to Regulation 33 of (Listing Obligations and Disclosure Requirements) Regulations, 2015. 2. Considered and approved Sub-division/ split of 1 (One) existing equity share of the Company having face value of Rs. 10/- (Rupees Ten only) each, fully paid-up, into 5 (Five) equity shares of the Company having face value of Rs. 2/- (Rupees Two only) each, fully paid-up. ln furtherance thereof, the Board of Directors has accorded its approval for the alteration of the Capital Clause of the Memorandum of Association of the Company so as to give effect to the aforesaid sub-division of equity shares, pursuant to which the altered Clause V shall stand substituted as follows:- "The authorized share capital of the Company is Rs. 83,00,00,000/- (Rupees Eighti; Three Crores only) divided into 41,50,00,000 (Forti; One Crore FifttJ Lacs only) equitlj shares of Rs. 2 (Rupees Two only) each." The relevant details of sub-division of equity shares in terms of SEBI master circular are attached herewith as' Annexure I'. The meeting commenced at 03:00 P.M. and concluded at 04:45 P.M. Thanking You, For Azad India Mobility Limited Vedant Bhatt Company Secretary and Compliance Officer Encl: a/a Azad India Mobility Limited (Ersthwile Indian Bright Steel Company Limited) Statement of Unaudited Standalone Financial Results for the Quarter Ended June 30, 2026 (Rs.) in lakhs PARTICULARS Three Months Ended Year Ended 30.06.2026 31.03.2026 30.06.2025 31.03.2026 (Unaudited) (Audited) (Unaudited) (Audited) 1 Income from operations (a) Net Sales I Income from Operations 1,645.43 875.68 769.45 6,493.51 (b) Other income 41.40 37.45 19.24 123.51 Total income from operations (net) 1,686.83 913.13 788.69 6,617.03 2 Expenses (a) Cost of materials consumed 1,677.84 61.49 - 5,204.83 (b) Purchases of stock in trade 446.45 720.13 497.89 (c) Changes in inventories of finished goods, work in progress and (205.86) 66.70 (0.41) 131.73 stock in trade (d) Employee benefits expense 37.89 26.92 24.85 128.20 (e) Finance costs 0.51 1.08 0.03 1.08 (f) Depreciation and amortisation expenses 3.66 5.76 4.08 16.84 (g) Other expenses 94.61 83.39 32.62 319.34 Total expenses 1,608.6S 691.78 781.30 6,299.91 3 Profit from operations before Other Income, finance costs and 78.18 221.35 7.39 317.12 exceptional items (1+2) 4 Profit from ordinary activities before exceptional items 78.18 221.35 7.39 317.12 5 Exceptional items - 6 Profit from ordinary activities before tax (6+7) 78.18 221.35 7.39 317.12 7 Tax expense 77.82 - 77.82 8 Profit from ordinary activities after tax (8+9) 78.18 143.53 7.39 239.30 9 Extraordinary items (net of tax expense) - - - 10 Net Profit for the period (10+11) 78.18 143.53 7.39 239.30 11 Share of Profit/( Loss) of associates - - - - 12 Minority Interest - - - - 13 Net Profit after taxes, minority interest and share of profit/(loss) of 78.18 143.53 7.39 239.30 associates (12+13+14) 14 Other Comphensive Income - 15 Paid -up equity share capital 5,444.32 5,444.32 4,049.32 5,444.32 (Face Value of share shall be indicated) 10/- 10/- 10/- 10/- 16 Reserves (excluding revaluation reserves, if any) 17i Earnings per share (before extraordinary items) (of Rs. 10/-each):( not annualised) (a) Basic 0.14 0.26 0.02 0.44 (b) Diluted 0.14 0.26 0.02 0.44 17ii Earnings per share (after extraordinary items) (of Rs. 10/-each):( not annualised) (a) Basic 0.14 0.26 0.02 0.44 (b) Diluted 0.14 0.26 0.02 0.44 NOTES: 1 The above financial results of Azad India Mobility Limited were reviewed by the audit committee and approved by the Board of Directors at their respective meetings held on 13 August 2026. The statutory auditors of the Company have conducted the audit of the above Standalone Financial Results for the quarter ended June 30, 2026 2 The above results of the Company have been prepared in accordance with the recognition and measurement principles and procedures laid down in Indian Accounting Standards 34 "Interim Financial Reporting" ('Ind AS 34") prescribed under section 133 of the Companies act, 2013 and other 3 The Company is enganged in the business of manufacturing EV Luxury buses and related activity information is reported to and evaluated regularly by the Managing Director (Chief Operating Decision Maker) for the purpose of resource allocation and assessing performance focusses on the business as a whole and accordingly, there is a single reportable segment in the context of Operating Segment as defined under Ind AS 108 4 Figures for the corresponding previous period have been regrouped I rearranged wherever n-ecessary, to make them comparable For and On behalf of the Board of Directors of: rfii'fiObjh D1 J Azad I~ ..:-,,,_ * v-3~ · Bupinder Singh Chadha Place: Mumbai - Managing Director Date: 13.08.2026 DIN: 00151568 Azad India Mobility limited {Ersthwile Indian Bright Steel Company limited) Statement of Unaudited Consolidated Financial Results for the Quarter Ended on June 30, 2026 {Rs.) in lakhs PARTICULARS Three Months Ended Year -ended 30.06.2026 31.03.2026 30.06.2025 31.03.2026 {Unaudited) (Audited) (Unaudited) (Audited) 1 Income from operations (a) Net Sales I Income from Operations 1,645.43 875.68 769.45 6,493.51 (b) Other income 41.40 36.85 19.24 123.51 Total income from operations (net) 1,686.83 912.53 788.69 6,617.03 2 Expenses (a) Cost of materials consumed 1,677.84 61.49 720.13 5,204.83 (b) Purchases of stock in trade - 446.45 - 497.89 (c) Changes in inventories of finished goods, work in progress and (205.86) 66.70 (0.41) 131. 73 stock in trade (d) Employee benefits expense 37.89 26.92 24.85 128.20 (e) Finance costs 0.51 1.08 0.03 1.08 (f) Depreciation and amortisation expenses 4.06 7.95 4.08 19.03 (g) Other expenses 94.72 82.66 33.25 319.41 Total expenses 1,609.17 693.25 781.93 6,302.16 3 Profit from operations before other income, finance costs and 77.66 219.28 6.76 314.86 exceptional items (1-2) 4 Profit from ordinary activities before finance costs and exceptional 77.66 219.28 6.76 314.86 items 5 Exceptional items - - 6 Profit from ordinary activities before tax (6+7) 77.66 219.28 6.76 314.86 7 Tax expense - 77.82 77.82 8 Profit from ordinary activities after tax (8+-9) 77.66 141.46 6.76 237.04 9 Extraordinary items (net of tax expense) - - 10 Net Profit for the period {10+11) 77.66 141.46 6.76 237.04 11 Share of Profit/(Loss) of associates - - 12 Minority Interest - - 13 Net Profit after taxes, minority interest and share of profit/{ loss) of 77.66 141.46 6.76 237.04 associates (12+13+14) 14 Other Comperhensive Income - - - - 15 Paid -up equity share capital 5,444.32 5,444.32 4,049.32 5,444.32 (Face Value of share shall be indicated) 10/- 10/- 10/- 10/- 16 Reserves (excluding revaluation reserves, if any) 17i Earnings per share (before extraordinary items) (of Rs. 10/-each):(not annualised) (a) Basic 0.14 0.26 0.02 0.44 (b) Diluted 0.14 0.26 0.02 0.44 17ii Earnings per share (after extraordinary items) (of Rs. 10/-each):(not annualised) (a) Basic 0.14 0.26 0.02 0.44 (b) Diluted 0.14 0.26 0.02 0.44 NOTES: 1 The above financial results of Azad India Mobility Limited were reviewed b [Showing first 8,000 characters — download PDF for full document]