Board Meeting

Starcom Information Technology Limited Phone: +91-80-67650000 Email: info@starcominfotech.com Website: www.starcominfotech.com 14th August 2026 BSE Limited Phiroze Jeejeebhoy Towers, Dalal Street, Mumbai 400 001 Dear Ma’am/ Sir, Subject: Outcome of Board Meeting. Ref: Starcom Information Technology Limited (CIN: L67120KA1995PLC078846) (Scrip code: 531616) We wish to inform you that pursuant to Regulation 30 read with Part A of Schedule III of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, as amended from time to time, the Board of Directors in the Board Meeting was held on 14.08.2026 at the Corporate office of the company from 6:30 PM to 7:30 PM. The Board in its meeting has along with other items approved: 1. The un-audited financial results of the Company for the first quarter ended June 30, 2026 and taken on record the Limited Review Report on the un-audited standalone financial results of the company received from the statutory Auditors of the Company. 2. Other ancillary matters. We request you to take the above on record and disseminate the same on your website. Thanking you, For and on Behalf of Starcom Information Technology Limited (CIN: L67120KA1995PLC078846) Ziaulla Sheriff Managing Director DIN: 00002098 Date: 14.08.2026 Place: Bengaluru Regd office: Sheriff Centre, 73/1, St Mark’s Road, Bengaluru - 560 001 CIN:L67120KA1995PLC078846, Phone: 91 80 2227 8283 / 2227 1797 Email: info@starcominfotech.com Website: www.starcominfotech.com STARCOM INFORMATION TECHNOLOGY LIMITED CIN No.: L67120KA1995PLC078846 Regd. Office : Sheriff Centre, 73/1, St Mark’s Road, Bengaluru - 560 001 Phone: 91 80 2227 8283/ 2227 1797 | Fax : +91 80 222278131 Email : info@starcominfotech.com | Website: www.starcominfotech.com Statement of Unaudited Financial Results for the Quarter Ended 30th June, 2026. (Rs. In Lakhs) Quarter Ended Year Ended Particulars 30.06,2026 31.03.2026 30.06.2025 31.03.2026 Unaudited Audited Unaudited Audited 1 Income from operations (a) Net sales / income from operations 22.11 70.06 2 8.57 179.85 (b) Other income 2.24 8 .80 2.17 31.74 Total Income 2 4.35 78.86 3 0.74 211.59 2 Expenses (a) Purchases of stock-in-trade 17.88 25.72 2 8.56 101.86 (b) Changes in inventories of finished goods, work-in- (3.82) 10.35 (7.97) 5.79 progress and stock-in-trade (e) Employee benefits expense 60.24 56.88 5 7.44 241.79 (f) Finance costs 13.69 12.74 3 3.28 70.45 (g) Depreciation and amortisation expense 11.03 11.09 1 1.20 44.73 (h) Interest on Delayed Statutory Payments 28.88 32.98 2 8.87 118.82 (h) Provision for expected credit loss / bad debts 47.05 48.85 7.68 129.97 (j) Other expenses 37.81 25.72 3 1.38 117.82 Total expenses 2 12.76 2 24.35 1 90.44 831.23 3 Profit / (loss) before tax (1-2) (188.41) ( 145.49) (159.70) (619.64) 4 Tax expense (1) Current tax - - - - (2) Deferred tax - - - - 5 Profit/(loss) after tax (3-4) (188.41) ( 145.49) (159.70) (619.64) 6 Other comprehensive income / (loss) Items that will not be reclassified to Profit or Loss - Remeasurement of post employment benefit obligation - ( 12.76) (0.41) ( 6.33) - Income Tax on Above - - - - Other Comprehensive Income/ (Loss) - ( 12.76) (0.41) (6.33) 7 Total Comprehensive Income /(loss) (188.41) ( 158.25) (160.11) (625.97) 8 Paid-up equity share capital (Face Value per share of Rs. 500.06 5 00.06 500.06 500.06 10/-) 9 Other Equity (excluding Revaluation Reserve) - (3,504.49) 10 Earnings per share (Basic and Diluted) (Rs.) i) before extraordinary items (not annualised) (3.77) (2.91) (3.19) (12.39) ii) after extraordinary items (not annualised) (3.77) (2.91) (3.19) (12.39) Notes : 1 TheabovefinancialresultshavebeenreviewedbytheAuditCommitteeandsubsequently approvedbytheBoardofDirectorsat their respective meetings held on 14th August ,2026. 2 ThefinancialresultshavebeenpreparedinaccordancewithIndianAccountingStandard("IndAS")prescribedundersection133of theCompaniesAct2013,readwithreleventrulesthereunderandintermsofRegulation33oftheSEBI(ListingObligation& Disclosure Requirements) Regulations, 2015 (as amended) and SEBI LODR Circular Dated 5th July, 2016. 3 TheCompanyhaveanoverduestatutoryduesason30thJune,2026inrespectofSalesTax/ServiceTax/GoodsandServiceTaxof Rs.236.29lacs(includinginterestofRs.173.89lacs),ProvidentFund/ESIC/ProfessionalTaxofRs.218.35lacs(includinginterest ofRs.143.32lacs)andTaxDeductedatSourceofRs.1204.16 lacs(includinginterestofRs.701.12lacs).ThoughtheCompanyhas providedforinterestupto30thJune,2026inrespectoftheseliabilities,anyotherconsequentialimpactsaspertherespectivelaws are not ascertained at present. The Auditor has given modified observations in this regard. 4 TheCompanyisdevelopingaSoftwarerelatedtoBusinessIntelligenceandDataQualitySolutionssincelongtimeofwhichcarrying valueasat30stJune,2026isRs.2431.02lacsasIntangibleAssetsunderDevelopment.Themanagementbeleivesthattheexpected future economic benefits that are attributable to the asset will flow to the Company. The Auditor has given modified observations in this regard. Limited Review Report on Unaudited Financial Results of Starcom Information Technology Limited for the quarter ended June 30, 2026, pursuant to Regulation 33 of SEBI (Listing Obligations and Disclosures Requirements) Regulations, 2015 The Board of Directors Starcom Information Technology Limited 1. We have reviewed the accompanying statement of unaudited Ind AS financial results of Starcom Information Technology Limited (‘the Company’) for the quarter for the quarter ended June 30, 2026 (‘the Statement’) attached herewith, being submitted by the Company pursuant to the requirements of Regulation 33 of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015, as amended (‘the Regulation’). 2. This Statement, which is the responsibility of the 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 read with relevant rules issued thereunder and other recognized accounting principles generally accepted in India. 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 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. This standard requires that we plan and perform the review to obtain moderate assurance as to whether financial results are free of material misstatements. A review 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. 4. As stated in note 3 to the Statement, The Company have an overdue statutory dues as on 30th June , 2026 in respect of Sales Tax / Service Tax / Goods and Service Tax of Rs. 236.29 lacs (including interest of Rs. 173.89 lacs), Provident Fund / ESIC / Professional Tax of Rs. 218.35 lacs (including interest of Rs. 143.32 lacs) and Tax Deducted at Source of Rs. 1,204.16 lacs (including interest of Rs. 701.12 lacs). Though the Company has provided for interest up to 30th June, 2026 in respect of these liabilities, any other consequential impacts as per the respective laws are not ascertained at present. Accordingly, we are unable to comment upon the resultant effect of same on the Assets, Liability and Loss of the company. 5. Due to stress in working capital financing and substantial utilisation [Showing first 8,000 characters — download PDF for full document]