Outcome of the Board meeting Pursuant to Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, for the approval of Standalone and Consolidated Financial ....

! Asian - Energy Services Date: 13th August, 2026 To, To, The Listing Department, The Listing Department, BSE Limited, National Stock Exchange of India Limited, Floor 25, P. J. Towers, Exchange Plaza, Plot No. C/1, G Block, Bandra Dalal Street, Mumbai 400 001 Kurla Complex, Bandra (East), Mumbai 400 051 BSE Scrip Code: 530355 Trading Symbol: ASIANENE Dear Sir/Madam, Sub.: Outcome of the Board meeting - Pursuant to Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. Dear Sir/Madam, This is to inform you that pursuant to the provisions of Regulation 30 and 33 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, the Board of Directors of the Company in its meeting held today i.e., 13th August, 2026 have approved and took on record the un-audited financial results of the company, both on standalone and consolidated basis, for the quarter ended 30th June, 2026 along with Limited Review Report issued by the statutory auditors on the same. Further pursuant to Regulation 33 of SEBI (LODR) Regulations, 2015, a copy of the aforesaid un-audited financial results for the quarter ended 30th June, 2026 along with Limited Review Report is enclosed herewith for your kind perusal. The meeting of the Board of Directors of the Company commenced at 3:15 p.m. and concluded at 4:04 p.m. Kindly take the same on record. Thanking you, Yours faithfully, For Asian Energy Services Limited Shweta Jain Company Secretary & Compliance Officer Membership No.: 23368 Encl: As above Asian Energy Services Limited CIN: L23200MH1992PLC318353 3B, 3rd Floor, Omkar Esquare, Chunabhatti Signal, Eastern Express Highway, Sion (East), Mumbai - 400022 Phone +91 (22) 42441100 E-mail:secretarial@asianenergy.com Webhttps://www.asianenergy.com Source to Solutions SG CO& Co. LLP Chartered Accountants Independent Auditor's Review Report on Unaudited Consolidated Financial Results of Asian Energy Services Limited for the quarter ended 30th June 2026 pursuant to the Regulation 33 of the SEBI (Listing Obligations and Disclosure Requirements) Regulation 2015, as amended. The Board of Directors Asian Energy Services Limited 1. We have reviewed the accompanying Statement of Unaudited Consolidated Financial Results of Asian Energy Services Limited ('the Holding Company") and its subsidiaries including step down subsidiary (the Holding Company and its subsidiaries including step down subsidiaries together referred to as "the Group") for the quarter ended 30th June 2026, ("the Statement") being submitted by the Parent pursuant to the requirement of Regulation 33 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, as amended. 2. This Statement, which is the responsibility of the Parent's management and approved by the Parent's Board of Directors, has been prepared in accordance with the recognition and measurement principles laid down in Indian Accounting Standard 34 "Interim Financial Reporting" ("Ind AS 34"), prescribed•u nder Section 133 of the Companies Act, 2013, read with relevant rules issued thereunder and other accounting principles generally accepted in India. Our responsibility is to express a conclusion on the Statement based on our review. 3. We conducted our review of the 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. 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 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 ail significant matters that might be identified in an audit. Accordingly, we do not express an audit opinion. We also performed procedures in accordance with the circular issued by the SEBI under Regulation 33 (8) of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, as amended, to the extent applicable. 4. Based on om review conducted and procedures performed as stated in paragraph 4 above, based on the consideration of review reports of other auditors referred in paragraph 6, nothing has come to our attention that causes us to believe that the accompanying Statement read with notes therein, prepared in accordance with the recognition and measurement principles laid down in the aforesaid Indian Accounting Standard (Ind AS) and other accounting principles generally accepted in India, has not disclosed the information required to be disclosed in terms of Regulation 33 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, as amended, including the manner in which it is to be disclosed, or that it contains any material misstatement. 5. We did not review the interim financial statements of one (1) subsidiary included in the unaudited consolidated financial results, whose interim financial result, after consolidation adjustments, reflect total revenue from operations of Rs. Nil Lakhs, total net profit/ (loss) after tax of Rs (325.51) Lakhs and total comprehensive income of Rs. (325.51) Lakhs for the quarter ended 30tli June,2026 as considered in the consolidated unaudited financial results. These interim financial information/ interim financial results have been reviewed by the other auditor whose review reports have been furnished to us by the management, and our conclusion in so far as it relates to the amounts and disclosmes included in respect of these subsidiary is based solely on the review reports of such other auditors and the procedures performed by us as stated in paragraph 3 above. ~-- 4A, Kaledonia, Tel. +91 22 6625 6363 h··o r ,,.-- 2nd Floor, Sahar Road, Fax. +91 22 6625 6364 Near Andherl Station, E-mail. info@sgco.co.ln ; : 112081W; Andheri (East), www.sgco.co.in '✓ ,r. 84 'Al 'if' Mumbai -400 069 Mumbai • Delhi • Jaipur SGCO & Co.LLP Chartered Accountants 6. The Statement includes the interim financial information of twenty-one (21) subsidiaries/step down subsidiaries, which has not been reviewed by its auditors, whose interim financial result, after consolidation adjustments, reflect total revenue from operations of Rs. 1,899.83 Lakhs, total net profit/ (loss) after tax of Rs. 145.19 Lakhs and total comprehensive income/ (loss) of Rs. 145.19 Lakhs for the quarter ended 30th June 2026, as considered in the Statement. The Statement also includes the Group's share of net profit/(loss) after tax of Rs. 78.85 Lakhs and total comprehensive income/(loss) of Rs 78.85 Lakhs, for the quarter ended 30th June 2026, respectively in respect of Five (5) joint venture whose interim financial information/ interim financial results have not been reviewed by its auditors. Our conclusion on the Statement, in so far as it relates to the amounts and disclosures included in respect of this subsidiary and joint venture, is based solely on such unreviewed interim financial information. According to the information and explanations given to us by the Holding Company's management, this interim financial information is not material to the Group. 7. Further, out of above mentioned in para 5 and 6, eighteen (18) subsidiaries/ step down subsidiaries are located outside India, whose interim financial information/ interim financial results have been prepared in accordance with the accounting principles generally accepted in their respective countries and which have been reviewed by the other auditors under the standard on review engagement applicable in their respective countries. The Holding Company's management has converted the interim financial information/ interim financial results of such subsidiaries from accounting principles generally accepted in their respective countries to accounting principles [Showing first 8,000 characters — download PDF for full document]