Approval of Financial Results for the Quarter ended June 30,2026

C/ft cf YUidlvzaat11ami & ~ an GB.Anand Apartments, JP Avenue,6th Street, 0ia.rtaed c4ccotvz/-anl.!J Dr. Radha Krishnan Road, Mylapore,Chennai -600 004. Tel +91-44-42046628 E-mc;1il: mail@mskandr.com INDEPENDENT AUDITORS' REVIEW REPORT ON REVIEW OF STANDALONE UNAUDITED FINANCIAL RESULTS FOR THE QUARTER ENDED JUNE 30,2026 OF. THE COMPANY PURSUANT TO THE REGULATION 33 OF THE SEBI (LISTING OBLIGATIONS AND DISCLOSURE REQUIREMENTS) REGULATIONS, 2015, AS AMENDED TO THE BOARD OF DIRECTORS OF IP RINGS LIMITED 1. We have reviewed the standalone unaudited financial results of IP Rings Limited (the "Company") for the quarter ended June 30, 2026 (the "financial results") which are included in the accompanying "Statement of Standalone Unaudited Financial Results for the quarter ended June 30, 2026" (the "Statement"). The Statement has been prepared by the Company pursuant to the requirement of Regulation 33 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, as amended from time to time. ('the Listing Regulations'). 2. This Statement which is the responsibility of the Company's Management and approved by the Board of Directors, has been prepared in accordance with the recognition and measurement principles laid down in the Indian Accounting Standard 34 "Interim Financial Reporting" ("Ind AS 34"), prescribed under Section 133 of the Companies Act, 2013 read with relevant rules issued thereunder and other accounting principles generally accepted in India and in compliance with Regulation 33 of the Listing Regulations. 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. This Standard requires that we plan and perform the review to obtairJ 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 to financial data. A review is substantially less in scope than an a'tldit conducted in accordance with Standards on Auditing and consequently does not enable us to obtain assurance that we would become aware of all significan_t matters that might be identified in an audit. We have not performed an audit and, accordingly, we do not express an audit opinion. 4. Based on our review conducted as stated above, nothing has come to our attention that causes us to believe that the accompanying Statement, prepared in all material aspects in accordance with the applicable Indian Accounting Standards prescribed under Section 133 of the Companies Act, 2013 and other accounting principles generally accepted in India, has not disclosed the information required to be disclosed in terms of Regulation 33 of the Listing Regulations, 2015, as amended from time to time, including the manner in which it is to be disclosed, or that it contains any material misstatement. M.S. Krishnaswami & Rajan Chartered Accountants 01554S . '. bJ ··~-....-: •. , ..~ U i\pU!Jnionfr t::, • u1rcct Dr R! ·,"'~} · .-~,'/,.,_. ~-,,\. .,dCTJ, ~. '•1lJ/J01e • ,. M.S. Murali r' ' ,i-l0J,QJ.J. :"i" ,.( ,• Partner r·· •• Membership No. 026453 UDIN: 26026453LEUEJO4965 August 13, 2026 Chennai C/ft cf !T-tiidlvum111anu & ~an GB,Anand Apartments, JP Avenue.6th Street, 0uutaed c4ccottnlanl!J Dr. Radha Krishnan Road, Mylapore,Chennai -600 004. Tel : +91-44-42046628 E-mc;1il: mail@mskandr.com INDEPENDENT AUDITORS' REVIEW REPORT ON REVIEW OF CONSOLIDATED UNAUDITED FINANCIAL RESULTS FOR THE QUARTER ENDED JUNE 30, 2026 OF THE COMPANY PURSUANT TO THE REGULATION 33 OF THE SEBI (LISTING OBLIGATIONS AND DISCLOSURE REQUIREMENTS) REGULATIONS, 2015, AS AMENDED TO THE BOARD OF DIRECTORS OF IP RINGS LIMITED 1. We have reviewed the accompanying statement of consolidated unaudited financial results of IP Rings Limited (the "Parent") and its subsidiary (the parent and its subsidiary hereinafter referred to as'the "Group"}, and its share of the net profit after tax and total comprehensive income (net) of its Joint venture (refer paragraph 4 below) for the quarter ended June 30, 2026 which are included in the accompanying "Statement of Conso.lidated Unaudited Financial Results for the quarter ended June 30, 2026" (the "Statement"). The Statement is being submitted by the Parent pursuant to the requirement of Regulation 33 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, as amended from time to time. ('the Listing Regulations'). 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 the Indian Accounting Standard 34 "Interim Financial Reporting" ("Ind AS 34"), prescribed under Section 133 of the Companies Act, 2013 read with relevant rules issued thereunder and other accounting principles generally accepted in India and in compliance with Regl,llation 33 of the Listing Regulations. 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. 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 Parent's personnel responsible for financial and accounting matters, and applying analytical and other review procedures to financial data. A review is substantially less in scope than an audit conducted in accordance with Standards on Auditing specified 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. We have not performed an audit and, accordingly, we do not express an audit opinion. We also performed procedures in accordance with issued by the SEBI under Regulation 33{8} of the Listing Regulations, as amended, to the extent applicable. 4. The Statement includes the results of the following entities: a. IP Rings Limited (Parent) b. IPR North America Inc. (Subsidiary) c. IPR Eminox Technologies Private Limited (Joint Venture) 5. Based on our review conducted as stated in paragraph 3 above and based on the consideration of the financial information certified by the Management referred in paragraph 6 below, nothing has come to our attention that c;3uses us to believe that the accompanying Statement, prepared in all material aspects in accordance with the applicable Indian Accounting Standards prescribed under Section 133 of the Companies Act, 2013 and other accounting principles generally accepted in India, has not disclosed the information required to be disclosed in terms of Regulation 33 of the Listing Regulations, 2015, as amended from time to time, including the manner in which it is to be disclosed, ' ' .....0 , or'th ,c :1 \t it contains any material misstatement. ,.: 1'' .'r1r •• 1,rwt~~n:~ .rr, :i,D1: IU!. Sc1! ; ',I,, po,.v. ,, I . :d -6~J:"1a a,:./ .. _:/ .... .. ~. ~-·'"'..::::...- 6. The consolidated unaudited financial results includes the Group's share of net profit after tax of Rs.2.19 lakhs for the quarter ended June 30, 2026, relating to one Joint Venture for which we are the auditors. These amounts have been considered based on the interim financial information of the Joint Venture, which has been reviewed by us. Our conclusion on the statement is not modified [Showing first 8,000 characters — download PDF for full document]