Outcome of Board Meeting under Regulation 30 and Regulation 33 of SEBI (LODR) Regulations, 2015

To, Date: 14th August, 2026 The Department of Corporate Services, BSE Limited, Phiroze Jeejeebhoy Towers, Dalal Street, Mumbai – 400 001. Subject: - Outcome of Board Meeting under Regulation 30 and Regulation 33 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. Scrip Code: 512014 (SOBHAGYA MERCANTILE LTD.) Dear Sir / Madam, This is to inform you that the Board of Directors of the Company at their meeting held today i.e. on Friday, 14th August, 2026 has, inter alia, considered and approved the following business: 1. IND-AS compliant the Unaudited Standalone Financial Results along with Limited Review Report thereon for the quarter ended 30th June, 2026. We are enclosing herewith the following: a) the Unaudited Standalone Financial Results along with Limited Review Report thereon for the quarter ended 30th June, 2026 b) Statement on Deviation or Variation in utilization of funds raised under Regulation 32 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 for the quarter ended 30th June, 2026 along with statutory auditor’s certificate. Further, we would like to inform you that the Board of Directors of the Company at their meeting held today has also, inter alia, considered and approved: 2. Appointment of Mrs. Aarti Shrikant Bhangdiya (DIN-03407301) as an additional director in the Category of Non-Executive, Non-Independent Director of the Company: Based on the recommendation of the Nomination and Remuneration Committee, the Board has considered and approved, the appointment of Mrs. Aarti Shrikant Bhangdiya (DIN-03407301) as an additional director in the category of Non-Executive, Non- Independent Director of the Company, liable to retire by rotation, with effect from 14th August, 2026 who shall hold office till the ensuing Annual General Meeting subject to the approval of the shareholders of the Company. The details as required under Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 read with SEBI Circular HO/49/14/14(7)2025-CFD-POD2/I/3762/2026 dated 30th January 2026 are enclosed as Annexure A. 3. Retiring of Director by rotation at the ensuing Annual General Meeting of the Company. 4. The draft notice of the 42nd Annual General Meeting of the Company to be held on Tuesday, the 29th Day of September, 2026 at 11:30 A.M. through Video Conferencing (‘VC’)/ Other Audio-Visual Means (‘OAVM’) facility in accordance with the applicable circulars issued by the Ministry of Corporate Affairs and the Securities and Exchange Board of India. 5. Draft Board of Directors’ Report of the Company for the financial Year ended 31st March, 2026 along with its annexures, Corporate Governance Report, Book Closure Dates and other statutory disclosures. 6. Cut-off date for the purpose of remote e-voting in the Annual General Meeting of the Company will be Tuesday, 22nd September, 2026. 7. Appointment of M/s PDTS & Associates, Company Secretaries (Firm Registration No. P2025MH104400), as a Scrutinizer for conducting the e-voting process for the ensuing Annual General Meeting. The Board Meeting commenced today at 04:00 P.M. and concluded at 07:00 P.M. This is for the information and records of the Exchange, please take it on record. Thanking you. Yours Faithfully For SOBHAGYA MERCANTILE LIMITED Shrikant Mitesh Bhangdiya Managing Director (DIN-02628216) Encl.: As above Annexure A Appointment of Mrs. Aarti Shrikant Bhangdiya (DIN-03407301) as an additional director in the Category of Non-Executive, Non-Independent Director of the Company: Sr. Particulars Description 1. Reason for change viz. appointment, re- Appointment of Mrs. Aarti Shrikant appointment, resignation, removal, death or Bhangdiya (DIN-03407301) as an otherwise; additional director in the Category of Non- Executive, Non-Independent Director of the Company. 2. Date of appointment/ re-appointment Appointment of Mrs. Aarti Shrikant /cessation (as applicable) & term of Bhangdiya (DIN-03407301) as an appointment/ re-appointment; additional director in the category of Non- Executive, Non-Independent Director of the Company, liable to retire by rotation, with effect from 14th August, 2026, who shall hold office till the ensuing Annual General Meeting, subject to the approval of the shareholders of the Company. 3. Brief profile (In case of appointment) Mrs. Aarti Shrikant Bhangdiya holds a Bachelor of Commerce (B.Com.) degree and possesses more than 10 years of experience in business management, strategic planning, operational oversight, corporate Governance, and related commercial activities. 4. Disclosure of relationship between directors Mrs. Aarti Shrikant Bhangdiya is the wife of (in case of appointment of a director) Mr. Shrikant Bhangdiya 5. Information as required pursuant to BSE Mrs. Aarti Shrikant Bhangdiya is not circular with ref no. LIST/ COMP/ 14/ 2018- debarred from holding the office of a 19 and the National Stock Exchange of India director by virtue of any order of SEBI or Limited with ref no. NSE/CML/2018/24, any other such authority. dated June 20, 2018 To, Date: 14th August, 2026 The Department of Corporate Services, BSE Limited, Phiroze Jeejeebhoy Towers, Dalal Street, Mumbai – 400 001. Subject: - Statement on Deviation or Variation in utilization of funds raised under Regulation 32 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 for the quarter ended 30th June, 2026. Scrip Code: 512014 (SOBHAGYA MERCANTILE LTD.) Dear Sir / Madam, Pursuant to Regulation 32 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, as amended, we hereby confirm that there is no deviation or variation in the use of proceeds from the preferential issue of convertible warrants, from the objects stated in the Explanatory Statement to the Notice of the Extra-Ordinary General Meeting held on 20th April, 2026. A statement confirming that there is no deviation or variation in the utilization of these proceeds for the quarter ended 30th June, 2026 duly reviewed by the Audit Committee and taken on record by the Board at their respective meetings held on 14th August, 2026 is enclosed herewith in the prescribed format. The Certificate issued by the Statutory Auditors in respect of utilisation of issue proceeds is also enclosed herewith. Please take the above information on record. Thanking you. Yours Faithfully For SOBHAGYA MERCANTILE LIMITED Shrikant Mitesh Bhangdiya Managing Director (DIN-02628216) Encl.: As above STATEMENT ON DEVIATION OR VARIATION FOR PROCEEDS OF PREFERENTIAL ISSUE OF CONVERTIBLE WARRANTS Statement of Deviation / Variation in utilization of funds raised Name of listed entity Sobhagya Mercantile Limited Mode of Fund Raising Preferential Issue of Convertible Warrants Date of Raising Funds Date of Issue: 23rd March, 2026 Date of Allotment of Convertible Warrants (25%) on preferential basis: 03rd June, 2026 Amount Raised Rs. 8775.11 Lakhs Report (cid:976)iled for Quarter ended 30th June, 2026 Monitoring Agency Not Applicable Monitoring Agency Name, if applicable Not Applicable Is there a Deviation / Variation in use of funds raised No If yes, whether the same is pursuant to change in Not Applicable terms of a contract or objects, which was approved by the shareholders If Yes, Date of shareholder Approval Not Applicable Explanation for the Deviation / Variation Not Applicable Comments of the Audit Committee after review Nil Comments of the auditors, if any Nil Objects for which funds have been raised and where there has been a deviation, in the following table Original Object Modi(cid:976)ied Original Modif Funds Amount of Remar Object, if Allocation ied Utilised Deviation/ ks if any alloca Variation any tion, if for the any quarter according to applicable object Investment in NA 7576.75 NA 1894.18 Nil NA promoter group SPVs (HAM Road Projects) General NA 1198.36 NA 299.59 Nil NA Corporate Purposes Total 8775.11* 2193.77 Deviation or variation could mean: (a) Deviation in [Showing first 8,000 characters — download PDF for full document]