Outcome of Board Meeting

P N A M & CO. LLP Chartered Accountants Independent Auditor’s Review Report on Quarterly Unaudited Consolidated Financial Results of the Modi Rubber Limited pursuant to the Regulations 33 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 (as amended) (“Listing Regulations”). To the Board of Directors of Modi Rubber Limited 1. We have reviewed the accompanying Statement of "Unaudited Consolidated Financial Results of Modi Rubber Limited ("the Parent"), which includes its subsidiaries (the Parent and its subsidiaries together referred to as "the Group"), and its share of the net profit after tax and total comprehensive income of its associates and joint ventures for the quarter ended June 30, 2026 ("the Statement"), being submitted by the Parent pursuant to the requirements of Regulation 33 of 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 as amended, 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 (ICAI). 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 personnel 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 specified under Section 143(10) of the Companies Act, 2013 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. We also performed procedures in accordance with Circular No. CIR/CFD/CMDI/44/2019 dated 29th March 2019 issued by the Securities and Exchange Board of India under Regulation 33(8) of the Listing Regulations, to the extent applicable. 4. The Statement includes the results of the following entities: (a) Parent Modi Rubber Limited (b) Subsidiary Companies (i) Spin Investment India Limited (ii) Superior Investment (India) Limited. (iii) Uniglobe Mod Travels Private Limited. (iv) Vinura Beverages Private Limited P N A M & CO. LLP 2nd Floor, F-14/15, Shivam House t: +91 11 2140 0294/295 LLPIN: ABA-8514 Middle Circle, Connaught Place, e: info@pnam.co ICAI FRN: 001092N/N500395 New Delhi 110 001 w: www.pnam.co P N A M & CO. LLP Chartered Accountants (c) Joint Ventures (i) Gujarat Guardian Limited (ii) Modi Marco Aldany Private Limited (iii) Asahi Modi Materials Private Limited (d) Associate (i) IQ Modi Power Private Limited 5. Attention is drawn to the fact that the figures for the three months ended March 31, 2026 as reported in these unaudited consolidated results are the balancing figures between audited figures in respect of the full previous financial year ended March 31, 2026 and the published year to date figures up to the third quarter ended December 31, 2025 of the previous financial year. The figures up to the end of third quarter of previous financial year had only been reviewed and not subjected to audit. 6. Based on our review conducted and procedures performed as stated in paragraph 3 above, nothing has come to the attention that causes us to believe that the accompanying Statement, prepared in accordance with the recognition and measurement principles laid down in the aforesaid Indian Accounting Standard ("Ind AS") specified under Section 133 of the Companies Act, 2013 as amended, read with relevant rules issued thereunder and other accounting principles generally accepted in India, has not disclosed the information required to be disclosed in terms of the Listing Regulations, including the manner in which it is to be disclosed, or that it contains any material misstatement. 7. The consolidated financial results include the Group’s share of net profit (including other comprehensive income) of Rs. 520.07 lacs for the quarter ended June 30, 2026 as considered in these consolidated financial results in respect of two joint ventures and one associate company, whose financial statements are not audited by us and has been furnished to us by the Management which is reviewed by management of the joint ventures and associate company and our conclusion on the Consolidated financial results, in so far as it relates to the amounts and disclosures included in respect of the joint venture and associate company, is based solely on such reviewed financial information. For P N A M & Co. LLP Chartered Accountants Firm Registration No.: 001092N/N500395 Abhishek Nahta Partner Membership No.: 513559 UDIN: 26513559GOVQJA3547 Place: New Delhi Date: August 14, 2026 P N A M & CO. LLP 2nd Floor, F-14/15, Shivam House t: +91 11 2140 0294/295 LLPIN: ABA-8514 Middle Circle, Connaught Place, e: info@pnam.co ICAI FRN: 001092N/N500395 New Delhi 110 001 w: www.pnam.co P N A M & CO. LLP Chartered Accountants Independent Auditor’s Review Report on Quarterly Unaudited Standalone Financial Results of the Company pursuant to the Regulations 33 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 (as amended) (“Listing regulations”) To the Board of Directors of Modi Rubber Limited 1. We have reviewed the accompanying statement of unaudited standalone financial results (“the statement”) of Modi Rubber Limited (“the Company”) for the quarter ended June 30, 2026 being submitted by the Company pursuant to the requirement of Regulation 33 of 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 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 in accordance with the Standard on Review Engagement (SRE) 2410 “Review of Interim Financial Information Performed by the Independent Auditor of the Entity” issued by the Institute of Chartered Accountants of India (“ICAI”). 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 is limited primarily to inquiries of company personnel and analytical procedures applied to financial data and thus provides less assurance than an audit. A review is substantially less in scope than an audit conducted in accordance with Standards on Auditing specified under section 143(10) of the Companies Act, 2013 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. 4. Attention is drawn to the fact that the figures for the three months ended March 31, 2026 as reported in these unaudited standalone results are the balancing figures between audited figures in respect of the full previous financial year ended [Showing first 8,000 characters — download PDF for full document]