Outcome of Board Meeting

Marine Electricals (India) Limited 190 9901:2016 MENLSYS 180 14004:2016 RVAL D1 B-1, Udyog Sadan-3, MIDC, Andheri (E), Mumbai-93, INDIA, Tel.: 91-22-40334300 Fax: 91-22-28364045 E-mail: info@marineslectricals.com O848 18001:2007 Website : www marineelecincals.com CIN : L31307MH2007PLC176443 (Formerly known as Marine Electricals (f) Pvt. Ltd) |CERTIBYF REODS Ref: MEIL/SEC/2026-27/33 14-08-2026 National Stock Exchange of India Limited Exchange Plaza, C-1, Block G, Bandra Kurla Complex, Sandra (East), Mumbai - 400 051 Symbol: MARINE Dear Sir/Madam, Subject: Outcome of Board Meeting in accordance with the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 The Board of Directors at their meeting held today i.e. Friday, 14th August 2026, have, inter alia, approved the following: The Unaudited Standalone and Consolidated Financial Results for the quarter ended 30th June 2026, copies of which are enclosed herewith along with copies of Limited Review Reports thereon as Annexure [I] Recommended payment of Final Dividend of Rs. 0.30 per share (15%) of face value of Rs.2 each for the Financial Year ended 31st March, 2026, subject to the approval of shareholders at the ensuing 19th Annual General Meeting of the company. Appointment of M/s Joshi Apte & Associates, Cost Accountant (FRN: 000240), as the Cost Auditor of the Company for the financial year 2026-27 as enclosed as Annexure [11]. The company has fixed Friday 11th September, 2026 as record date for determining the entitlement of members to the final dividend for the Financial Year ended 31st March 2026 Convening of the 19th Annual General Meeting of the company on Wednesday, 30th September 2026 at 3.00 P.M. IST through video conference and/or other audio-visual means. Approval for change in object of utilization of funds amounting to Rs. 149.22 crore raised via preferential allotment of shares subject to approval of shareholders in general meeting. Marine Electricals (India) Limited (@@ 8-1, Udyog Sadan-3, MIDC, Andheri (E), Mumbai-93, INDIA, Tel.: §1-22-40334300 Fax: 91-22-28364045 E-mail : info@marineslectricals.com [SoemansooVhA Website : www.manneelecincals.com CIN : L31307MH2007PLC176443 (Formerly known as Marine Electricals (I) Pvt. Ltd) |cermFeD8Ymas 6. Approval for direct listing of equity shares of the Company on the Main Board of BSE Limited, subject to regulatory approvals and compliance with applicable laws, regulations.. Details as required under Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 read with SEBI Circular No. HO/49/14/14(7)2025- CFDPOD2/1/3762/2026 dated January 30, 2026 are enclosed as below. The Board Meeting commenced at 17:00 p.m. and concluded at 17.50 p.m. You are requested to take the above information on record. For Marine Electricals (India) Limited Deep Shah Company Secretary & Compliance Officer ACS: 61488 SAINI PATI SHAH & CO. LLP SAINI PATI SHAH & CO. LLP. a LIMITED LIABILITY Partnership with LLP identity No. AAR-3274 Independent Auditor’s Review Report Board of Directors Marine Electricals (India) Limited Introduction 1. We have reviewed the accompanying statement of standalone unaudited financial results of Marine Electricals (India) Limited (“the Company”) for the quarter ended 30 June 2026 (“the Statement”). 2. This 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 “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 SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, as amended (“Listing Regulations”). Our responsibility is to issue a limited review report on the Statement based on our review. Scope of 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 financial statements are 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. We have not performed an audit and accordingly, we do not express an audit opinion. Conclusion 4. Based on our review conducted as above, nothing has come to our attention that causes us to believe that the accompanying Statement, prepared in accordance with applicable accounting standards and other recognized accounting practices and policies has not disclosed the information required to be disclosed in terms of Regulation 33 of the Listing Regulations, including the manner in which it is to be disclosed, or that it contains any material misstatement. For Saini Pati Shah & Co LLP Chartered Accountants Firm’s Registration No: 137904W/W100622 Ankush Shah Place: Mumbai Partner Date: 14 August 2026 Membership No: 145370 UDINIY6IUB3TOHCSATAEY IO . +9122 4451 7249 ? A-112, Sanjay Building No.5, Mittal Industrial Estate, [ info@spscollp.com Andheri Kurla Road, Andheri East, Mumbai - 400 059 @ www.spscollp.com Marine Electricals (India) Limited Registered office: B -1, Udyog Sadan-3, MIDC, Andheri (E), Mum-b 40a009i3, India Tel.: 91- 22- 40334300, ‘website: www.marineelectricals.com CIN: L31907MH2007PLC176443 Statement of unaudited standalone financial results for the quarter ended 30 June 2026 (Rs. in lokhs except per share dota) Standalone . Quarter ended Year ended § Particulars No. 30062026 | 31.03.2026 | 30.06.2025 | 31.03.2026 Unaudited Audited Unaudited Audited 1 |income (a) " |Revenue from operations 2341288 2645295 14,707.57 74,693.71 (6) |other income 44453 39098 498.13 173035 Total income 23,857.41 24,883.93 15,205.70 76,424.06 2 |Expenses (@) |cost of materials consumed 2076214 17,115.04 11,606.48 53,160.41 {b) |C hanges in inventories of finished goods and work in progress. (3,292.97) 128402 (1,147.29) 27913 (c) [Employee benefits expense 1,569.63 1,443.40 1,171.45 5,239.49 () |Finance costs 353.99 696.90 269.61 169136 {e) |Depreciation and amortization 32384 287.75 24388 1,043.83 (Al |Other expenses 192220 183323 1,628.88 7,912.50 Tatal expenses 21,638.83 22,66034 13,773.01 69,326.72 3 |Profit before exceptional items and tax (1-2) 221858 2,183.59 1,432.69 7.097.34 4 |exceptional items gain/(loss) - (120563 - (120.63) 5 |Profit before tax (3+4) 221858 2,062.96 1,432.69 697671 6 [Taxexpense: (a) [Current tax 584.65 22247 41420 1,567.72 (b) | Adjustment in respect of tax for earlier years - - - (7.42) () |Deferred tax (39.02) 30220 (70.29)] 12938 54563 52467 344,01 1,689.68 7 |Profit for the period (5-6) 167295 153829 1,088.68 5,287.03 8 |Other comprehensive income Items that will not be reclassified subsequently to profit or| loss Re-measurement of defined benefit plans (6.16) (1834) (2.10) (24.64) Income tax relating to items that will not be reclassified to 155 461 053 620 profit or loss Total other comprehensive incame (lass), neof ttax (a61) (13.73) (157) (18.04) 9 |Total comprehensive income for the period (7+8) 166834 152456 1,087.11 5.268.59 10 | Paid up equity share capital (face value of Rs. 2 each) 2,798.89 2,798.89 275889 2,798.89 11 [other equity 42,795.07 12 |Earnings per equity share (face value of Rs. 2 each) Basic (Rs) - not annualised 120 111 079 383 Diluted (Rs) - not annualised 120 111 078 383 Place: Mumb: For and on behalf of Date: 14 August, 2026 Vinay Uchil Chairman and Executive Director DIN: 01276871 Marine Electricals (India) Limited Registered office: B -1, Udyog Sadan-3, MIDC, Andher (E), Mumb- 40a009i3, India Tel.:91- 22 [Showing first 8,000 characters — download PDF for full document]