Appointment of Internal Auditor of the Company for FY 2026-27

August 14, 2026 To, To, BSE Limited, National Stock Exchange of India Limited, Phiroze Jeejeebhoy Towers, Exchange Plaza, Plot No. C/1, G Block, Dalal Street, Bandra-Kurla Complex, Bandra (East), Mumbai – 400 001 Mumbai – 400 051 Scrip Code: 535136 Symbol: NIBE Dear Sir/Madam, Subject: Intimation pursuant to Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 (“SEBI Listing Regulations”) – Outcome of the Board Meeting held today on Friday, August 14, 2026. Dear Sir/Madam, With reference to the captioned subject and in compliance with Regulations 30 and Regulations 33 read with Schedule III of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 and other applicable provisions of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, this is to inform you that the Board of Directors of the Company, at its meeting held today, i.e., Friday, August 14, 2026, inter alia: 1. Based on recommendation of Audit Committee, approved the Un-Audited Financial Results (Standalone and Consolidated) for the quarter ended June 30, 2026. In this regard, please find enclosed the following: a) Un-Audited Financial Results (Standalone and Consolidated) for the quarter ended June 30, 2026. b) Limited Review Report issued by the Statutory Auditor of the Company for the quarter ended on June 30, 2026. 2. Based on the recommendation of the Nomination & Remuneration Committee, approved the appointment of Mr. Ganesh Ramesh Nibe as Chief Executive Officer (CEOof the Company with effect from August 14, 2026. Further, Mr. Ganesh Ramesh Nibe is currently holding the position of Managing Director and Chief Executive Officer of the Company. The details pursuant to Regulation 30 of the Listing Regulations are enclosed herewith as Annexure I. 3. Based on the recommendation of the Audit Committee, approved the appointment of M/s. BDO India Services Private Limited, as the Internal Auditors of the Company for the Financial Year 2026-27. The details pursuant to Regulation 30 of the Listing Regulations are enclosed herewith as Annexure II. 4. Based on the recommendation of the Audit Committee, approved the re-appointment of M/s Dhananjay Laxman Gawade & Co., Practicing Cost Accountants, (Firm Registration No: 006147), as the Cost Auditors of the Company for the Financial Year 2026-27. The details pursuant to Regulation 30 of the Listing Regulations are enclosed herewith as Annexure III. The above information is also available on the website of the Company i.e., www.nibelimited.com. Office Address: Plot No E-2/2, Phase III, MIDC Industrial Area, Nanekarwadi CT, Khed, Chakan, Pune, Maharashtra, India, 410501| Website: www.nibelimited.com | Phone No: +91 02135 - 691799 | CIN No: L34100PN2005PLC205813 The Board Meeting commenced at 5.30 p.m. and concluded at 6.30 p.m. Kindly take the same on record. Thanking you, Yours faithfully, For Nibe Limited Komal Bhagat Company Secretary & Compliance Officer Membership No.: A49751 Encl.: As above Office Address: Plot No E-2/2, Phase III, MIDC Industrial Area, Nanekarwadi CT, Khed, Chakan, Pune, Maharashtra, India, 410501| Website: www.nibelimited.com | Phone No: +91 02135 - 691799 | CIN No: L34100PN2005PLC205813 Annexure-I Details required under Regulation 30 read with SEBI Circular dated HO/49/l4/l4(7)2025- CFD-POD2 /I/3762/2026 dated January 30,2026: Sr. Particulars Details 1. Name Mr. Ganesh Ramesh Nibe 2. Reason for change viz. appointment, Appointment of Mr. Ganesh Ramesh Nibe as the Chief reappointment, resignation, removal, Executive Officer of the Company removal, death or otherwise; 3. Date of appointment/ re-appointment/ Mr. Ganesh Ramesh Nibe has been appointed as Chief cessation (as applicable) & term of E xecutive Officer of the Company w.e.f August 14, 2026. appointment 4. Brief profile (in case of appointment); Mr. Ganesh Ramesh Nibe is the Chairman and Managing Director of the Nibe Group, initially starting as a small entrepreneur in the sugar cane juice and furnace oil distribution businesses. After completing engineering education, he entered the electrical substation sector, eventually founding his contracting business in 2013. In 2021, he strategically entered critical heavy defence component fabrication, leading to the establishment of Nibe Limited with four plants in Pune and Bengaluru. His commitment to vision and acquisitions has transformed his career and propelled the growth of the Nibe Family. 5. Disclosure of relationship between Not Applicable Directors (In case of appointment of Director) 6. Information as required under BSE As affirmed by Mr. Ganesh Ramesh Nibe, he has not been Circular No. LIST/COM/14/2018-19 debarred from holding the office as a Director of the and NSE Circular No. Company by virtue of any order passed by the Securities NSE/CML/2018/24 dated June 20, and Exchange Board of India or any other competent 2018 authority. Further, as affirmed by him, he is not disqualified from holding the office as a Director pursuant to the provisions of Section 164 of the Companies Act, 2013. Office Address: Plot No E-2/2, Phase III, MIDC Industrial Area, Nanekarwadi CT, Khed, Chakan, Pune, Maharashtra, India, 410501| Website: www.nibelimited.com | Phone No: +91 02135 - 691799 | CIN No: L34100PN2005PLC205813 Annexure-II Details required under Regulation 30 read with SEBI Circular dated HO/49/l4/l4(7)2025- CFD-POD2 /I/3762/2026 dated January 30,2026: Sr. Particulars Details 1. Name M/s BDO India Services Private Limited 2. Reason for change viz. appointment, Appointment pursuant to completion of term of previous reappointment, resignation, removal, Internal Auditor (M/s. ADV & Associates, Chartered removal, death or otherwise; Accountants) 3. Date of appointment/ re-appointment/ M/s BDO India Services Private Limited has been cessation (as applicable) & term of appointed as the Internal Auditor of the Company w.e.f appointment A ugust 14, 2026 4. Brief profile (in case of appointment); BDO India Services Pvt. Ltd. is one of India's leading professional services firms, delivering a comprehensive suite of solutions across Assurance, Tax, Advisory, Digital, Technology, and Managed Services. The firm serves a diverse clientele spanning various industries, helping organizations navigate complex business challenges and capitalize on growth opportunities. As a member of the globally recognized BDO Global, BDO India combines extensive local market knowledge with international expertise to provide high-quality, value-driven services tailored to the evolving needs of businesses in India and across the globe. BDO India supports organizations in strengthening governance, managing risks, ensuring regulatory compliance, improving operational efficiency, and driving sustainable growth. Through its multidisciplinary approach and client-centric service model, the firm enables businesses to enhance performance, make informed decisions, and achieve long-term success in an increasingly dynamic business environment. 5. Disclosure of relationship between Not Applicable Directors (In case of appointment of Director) Office Address: Plot No E-2/2, Phase III, MIDC Industrial Area, Nanekarwadi CT, Khed, Chakan, Pune, Maharashtra, India, 410501| Website: www.nibelimited.com | Phone No: +91 02135 - 691799 | CIN No: L34100PN2005PLC205813 Annexure-III Details required under Regulation 30 read with SEBI Circular dated HO/49/l4/l4(7)2025- CFD-POD2 /I/3762/2026 dated January 30,2026: Sr. Particulars Details 1. Name M/s. Dhananjay Laxman Gawade & Co, Cost Accountants 2. Reason for change viz. appointment, Re-appointment of M/s. Dhananjay Laxman Gawade & reappointment, resignation, removal, Co., Practicing Cost accountants as the Cost Auditor of the removal, death or otherwise; Company for the financial year 2026-27 pursuant to completion of term 3. Date of appointment/ re-appointment/ M/s. Dhananjay Laxman Gawade & Co. has been cessation (as applicable) & term of a [Showing first 8,000 characters — download PDF for full document]