Outcome Board Meeting of 13th August 2026 with approved un-audited Financial Results for the quarter ended 30th June 2026 and other agenda items.

MADHUCON PROJECTS LIMITED CIN: L74210TG1990PLC011114 Ref.: MPL/HYD/SE/2026-27 Date: 13-08-2026 .| The Bombay Stock Exchange (BSE) The National Stock Exchange (NSE) of India Corporate Relationship Dept., Limited, 1st Floor, New Trading Ring Sth Floor, Exchange Plaza, Rotunda Building, PJ Towers Bandra (East), Dalal Street, Fort, Mumbai -400 001 Mumbai- 400 051. BSE Script code: 531497 NSE Script code: MADHUCON Dear Sir/ Madam, Sub.: Outcome of Board Meeting held on 13" August, 2026 Pursuant to the provisions of Regulation 30 of the SEBI (LODR) Regulation, 2015, we would like to inform you that in the meeting of Board of Director of M/s Madhucon Projects Ltd., held on Thursday, 13" August, 2026, the Board has inter-alia approved un-audited financials for the quarter ended 30" June, 2026 along with the following other agenda items: 1. Attached an approved Un-Audited Standalone and Consolidated Financial Results for the quarter ended 30 June, 2026 along with Auditors’ Limited Review Report in terms of Regulation 33 (3) (a) and (b) of SEBI (LODR) Regulations 2015. Based on the recommendation of Nomination and Remuneration Committee, approved an appointment of Mr. Shankara Rao Kadambala (DIN: 11843104) as an additional director in the position of “Independent Director” w.e.f. 13° August, 2026 for a period of 5 (Five) years till August 12, 2031, subject to the approval of the shareholders at the ensuing 36" AGM. Based on the recommendation of Nomination and Remuneration Committee, approved an appointment of Mr. Prithvi Teja Nama (DIN: 02845692) as an additional director w.e.f. 13" August, 2028, subject to the approval of the shareholders at the ensuing 36" AGM. Upon recommendation of the Audit Committee, Appointment of M/s. B. Narsing Rao & Co LLP, Chartered Accountants (FRN: S000149), Hyderabad, as Statutory Auditors of the Company for a period of 3 years w.e.f. 1%' July 2026 from the conclusion of 36" AGM to the conclusion of 39" AGM, subject to the approval of the shareholders at the ensuing 36" AGM. Upon recommendation of the Audit Committee, appointment of M/s. Ganga Rao & Associates, Chartered Accountants (M.No. 223232) Hyderabad as an Internal Auditors for the F.Y. 2026-27. Approved the Notice of 36" Annual General Meeting of the Company and fixed the date of 36" AGM on Tuesday, 29"" September, 2026. Book Closure dates are fixed from Wednesday, 23 September, 2026 to Tuesday, 29" September, 2026 for 36th AGM. The Meeting of the Board of Directors commenced at 16:00 P.M and concluded at 20:00 P.M. Kindly take them on record. For Madhucon Projects Limited (D. Malla Reddy) Company Secretary & Compliance Officer (Attached UFR & LRR) Corp. Office : "Madhucon House", 1129/A, Road No. 36, Jubilee Hills, Hyderabad - 500 033, Telangana, India Tel : +91-40-23556001 - 4 Fax : +91-40-23556005 E-mail : corporate @madhucon.com Regd. Office : H.No.1-7-70, Jublipur a, Khamma m, Telangana - 507 003, India www.madhucon.com P. MURALI & CO., Tel. —__: (91-40) 2332 6666, 2331 2554 (91-40) 2339 3967, CHARTERED ACCOUNTANTS (91-40) 2332 2119, 2331 7032 INDIA 6:3:655/2/3, SOMAJIGUDA, HYDERABAD - 500 082. T.G, INDIA Email: pmurali.co@gmail.com pmurali.tax@gmail.com info@pmurali.com Website : www.pmurali.com Independent Auditor's Review Report on the Quarterly Unaudited Standalone Financial Results of the Company pursuant to the Regulation 33 of the SEBI (Listing obligations and Disclosure Requirements) Regulations, 2015, as amended Review report to The Board of Directors M/S. MADHUCON PROJECTS LIMITED 1. We have reviewed the accompanying IND AS statement of unaudited standalone financial results of Madhucon projects limited (“The Company”) for the quarter ended 30 June, 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 Statement”, which is the responsibility of “The Company's” Management and approved by “The Company’s” Board of Directors, has been prepared 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. Our responsibility is to issue a report 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 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. P. MURALI & CO., Tel. : (91-40) 2332 6666, 2331 2554 (91-40) 2339 3967, CHARTERED ACCOUNTANTS (91-40) 2332 2119, 2331 7032 HYDERABAD - 500 082. T.G, INDIA Email : pmurali.co@gmail.com pmurali.tax@gmail.com info@pmurali.com Website : www.pmurali.com 4. “Basis for Qualified Conclusion” i. We refer to the carrying value of Equity Investments of Rs. 36,657.07 lakhs held in subsidiaries/ other companies and other investments of Rs. 6,426.85 lakhs held in subsidiaries/other companies as at 31st March, 2026 and 30% June, 2026 Some of these entities have been incurring losses and, in the case of certain subsidiaries, the net worth has been fully or substantially eroded and/or the going concern status is affected. The Company has been writing off investments over the past previous years. However, during the quarter ended 30th June 2026, no write-off of investments has been made by the Company. In view of the above circumstances and in the absence of appropriate fair valuation and determination of the net realizable value of such investments,we are unable to comment on the carrying value of such investments and whether any further provision for impairment in the value of Equity Investments and other investments is required to be recognized. a. In the case of Madhucon Infra Limited, a subsidiary, the Company has continued to carry the investment amounting to Rs. 30,550.68 lakhs in its books and has not recognized any impairment/write-off against such investment during the quarter ended 30 June 2026. b. In the case of Madurai Tuticorin Expressways Limited, a step-down subsidiary, the Company has continued to carry the investment amounting to Rs 2,952.05 lakhs in its books and has not recognized any impairment/ write-off against such investment during the quarter. ii. “The Company” has defaulted in payment of dues to Punjab National Bank (PNB) and the same was classified as NPA by the lender. Interest on this loan has not been provided. With respect to this outstanding dues, OTS agreements have been entered into with PNB. But, OTS benefits have not been recognized despite full payments having been made, due to non-receipt oe No Objection Certificate (NOC) from the Bank. iii. The Bank Guarantee was given by SREI to NHIDCL for an amount of Rs.480.30 Lakhs of behalf of the Company for execution of the Contract. During the quarter ended 30 June 2026, NHIDCL invoked the Bank Guarantee and the payment was accordingly charged from SREI. This amount is being shown as Other financial liabilities as payable - to SREI The invocation of Bank Guarantee by NHIDCL is [Showing first 8,000 characters — download PDF for full document]