Revised Outcome of the Adjourned Board Meeting held on August 19, 2026 under Regulation 30 and Regulation 33 read with Schedule III of the SEBI (LODR) 2015

SPICE ISLANDS INDUSTRIES LIMITED Regd. Office: Unit No. 3043-3048, 3rd Floor, Bhandup Industrial Estate, Pannalal Silk Mills Compound, L.B.S. Marg, Bhandup (West), Mumbai – 400 078. Tel.: +91 8976047639 Fax: +91 (22) 22826167, Email-id: sales@spiceislandsindia.Com CIN NO: L11040MH1988PLC050197 Date: August 19, 2026 The Secretary, BSE Limited Department of Corporate Services Phiroze Jeejeebhoy Towers, Dalal Street, Mumbai – 400 001 Scrip Code: 526827 Sub: Outcome of the Adjourned Board Meeting held on August 19, 2026 under Regulation 30 and Regulation 33 read with Schedule III of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015 (“Listing Regulations”). Ref: Our earlier intimation dated August 07, 2026 and intimation dated August 14, 2026 regarding adjournment of the Board Meeting. Dear Sir/Madam (s), This is with reference to our earlier intimation dated August 07, 2026, whereby the Company had informed the Stock Exchange that a meeting of the Board of Directors of the Company was scheduled to be held on Friday, August 14, 2026, inter alia, to consider and approve the Unaudited Standalone Financial Results of the Company for the quarter ended June 30, 2026 and such other matters as may be considered by the Board. We further refer to our intimation dated August 14, 2026, whereby we had informed that the meeting of the Board of Directors, duly convened on August 14, 2026, was adjourned to Wednesday, August 19, 2026, to enable the management to obtain and place before the Board certain additional information, supporting details and clarifications relating to certain accounting and financial matters required for finalisation of the Unaudited Financial Results for the quarter ended June 30, 2026. SPICE ISLANDS INDUSTRIES LIMITED Regd. Office: Unit No. 3043-3048, 3rd Floor, Bhandup Industrial Estate, Pannalal Silk Mills Compound, L.B.S. Marg, Bhandup (West), Mumbai – 400 078. Tel.: +91 8976047639 Fax: +91 (22) 22826167, Email-id: sales@spiceislandsindia.Com CIN NO: L11040MH1988PLC050197 Accordingly, the adjourned meeting of the Board of Directors of Spice Islands Industries Limited was reconvened today, i.e. Wednesday, August 19, 2026, and the Board, inter alia, considered and approved the following matters: Pursuant to Regulation 30 and Regulation 33 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, the Board of Directors considered and approved the Unaudited Standalone Financial Results of the Company for the quarter ended June 30, 2026, along with the Limited Review Report issued by the Statutory Auditors of the Company. In this regard, please find enclosed herewith as Annexure – A, the following documents: i. Unaudited Standalone Financial Results of the Company for the quarter ended June 30, 2026; and ii. Limited Review Report issued by the Statutory Auditors on the aforesaid Unaudited Standalone Financial Results. The Board Meeting, which was originally convened on August 14, 2026 and adjourned thereafter, was reconvened on August 19, 2026 at 04:30 P.M. and concluded at 05:30 P.M. The Company requests you to kindly take the above information on record. Thanking you, For Spice Islands Industries Limited (Arti Lalwani) Company Secretary and Compliance Officer Membership no. A59871 Place: Mumbai Giriraj Bang & Company B/205, New Rishabh CHS , Moti Nagar, Near Jai Ambe Mata Temple, Chartered Accountants Bhayandar (W) - 401 101. Tel:- 7303236716; Email Id: gbca.solutions@gbca.in Independent Auditors Limited Review Report on Unaudited Quarterly and Year-to-date Standalone Financial Results SPICE ISLANDS INDUSTRIES LIMITED under Regulation 33 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, as amended. The Board of Directors SPICE ISLANDS INDUSTRIES LIMITED 1. We have reviewed the accompanying statement of unaudited standalone financial results of SPICE ISLANDS INDUSTRIES LIMITED (‘the Company’) for the quarter Ended 30th June, 2026. The statement is being submitted by the company pursuant to the requirements of Regulation 33 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, as amended (“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 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 issue a report 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. A review of interim financial information 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. 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 SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 including the manner in which it is to be disclosed, or that it contains any material misstatement. For Giriraj Bang & Co. Chartered Accountants FRN: 129434W Vivek Bang Partner Membership No.:143938 UDIN: 26143938RBHFTK5709 Place: Mumbai Date: August 19th, 2026 Spice Islands Industries Limited (Formerly known as Spice Islands Apparels Limited) Regd.Office : Unit 3043-3048, 3Rd Fl, Bhandup Industrial Estate Pannalal Silk Mills Compd, L.B.S. Marg, Bhandup-W, Mumbai- 400078 CIN:L11045MH1988PLC050197 Financial Results For the Quarter Ended June, 30, 2026 (Rs. In lakhs) Quarter Ended Year Ended June, 30, 2026 Mar. 31, 2026 June, 30, 2025 March 31, 2026 Particulars (Unaudited) (Audited) (Unaudited) (Audited) Income Revenue from operations 1,783.05 1,090.94 192.57 1789.10 Other Income 88.57 200.31 8.63 329.22 Total Income 1,871.61 1,291.24 201.19 2118.32 Expenses Cost of material consumed 41.79 33.71 9.92 89.95 Purchase of Traded Goods 1,461.93 716.58 17.30 757.62 Increase/(Decrease) in inventories of Stock-in-trade (37.26) ( 1.04) 1.84 (2.14) Employee Benefit Expenses 56.15 40.16 34.74 154.56 Finance Costs 1.61 2.94 0.74 5.45 Depreciation and Amortisation Expenses 2.41 2.14 1.92 8.04 Other Expenses 204.48 189.15 101.62 540.62 Total Expenses 1,731.10 983.64 168.08 1554.10 Profit/(Loss) before Tax 140.51 307.60 33.12 5 64.22 Tax Expenses - Current tax - - - - Deffered Taxes asset/(liability) ( 0.59) ( 2.03) 0.16 (1.43) Tax related to Earlier years - 3.46 - 3.46 Profit/(Loss) for the year 139.92 309.04 33.28 566.24 Other Comprehensive Income A Items that will not be reclassified to profit or loss - Remeasurement of Defined Benefit Plan ( 0.20) 1.11 ( 0.20) 0.51 - Tax impact thereon 0.05 ( 0.29) 0.05 (0.13) B Items that will be reclassified to profit or loss. - - - - Total other Comprehensive Income (0.15) 0.82 (0.15) 0.38 Total Comprehensive Income for the period 139.77 309.86 33.13 566.62 Paid up Equity Share Capital (Face value ₹ 10 per share) 623.33 623.33 430.00 623.33 Other Equity 778.81 Earnings per share (Equit [Showing first 8,000 characters — download PDF for full document]