Updates

Date: 11-08-2026 To, To, BSE Limited National Stock Exchange of India Limited P. J. Towers, Dalal Street, Exchange Plaza, Bandra Kurla Complex, Fort, Mumbai 400001 Bandra East, Mumbai – 400051 NSE Symbol: BORANA Scrip Code: 544404 ISIN: INE16SF01016 Sub: Outcome of Board Meeting held on Tuesday, 11th August, 2026 pursuant to Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 Dear Sir/Madam, Pursuant to Regulation 30 and other applicable provisions of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, we wish to inform you that the Board of Directors of the Company at its meeting held today, i.e., Tuesday, 11th August, 2026, which commenced at 04:00 PM and concluded at 04:30 PM, has inter-alia considered and approved the following: 1. Un-Audited Financial Results  Approved the Un-Audited Standalone Financial Results of the Company for the quarter ended June 30, 2026, and took note of the Limited Review Report issued by the Statutory Auditors as reviewed and recommended by the Audit Committee. Details Marked as Annexure-A. 2. Expansion Project at Unit 4  Approved the expansion plan at Unit 4 involving the installation of 192 Water Jet (WJ) Looms and 3 Texturizing Machines, along with the necessary ancillary machinery, to be funded through internal accruals, with commercial production targeted by December 2026. 3. Related Party Transactions  Approved Material Related Party Transactions for the Financial Year 2026-27, subject to necessary approvals, if required. 4. Directors’ Report  Approved the Board’s Report (Directors’ Report) along with all its annexures and corporate governance report for the Financial Year ended March 31, 2026. 5. Revision in Remuneration of Mr. Mangilal Ambalal Borana  Approved on the recommendation of the Nomination & Remuneration Committee the increase in remuneration of Mr. Mangilal Ambalal Borana (DIN: 01091167), Chairman and Managing Director of the Company, subject to the approval of shareholders. Details Marked as Annexure-B. 6. Revision in Remuneration of Mr. Rajkumar Mangilal Borana  Approved on the recommendation of the Nomination & Remuneration Committee the increase in remuneration of Mr. Rajkumar Mangilal Borana (DIN: 01091166), Executive Director and Chief Financial Officer of the Company, subject to the approval of shareholders. Details Marked as Annexure-C. 7. Revision in Remuneration of Mr. Ankur Mangilal Borana  Approved on the recommendation of the Nomination & Remuneration Committee the increase in remuneration of Mr. Ankur Mangilal Borana (DIN: 01091164), Executive Director and Chief Executive Officer of the Company, subject to the approval of shareholders. Details Marked as Annexure-D. 8. Convening of 6th Annual General Meeting  Approved convening the 6th (Sixth) Annual General Meeting of the shareholders of the Company on Tuesday, 29th September, 2026, through Video Conference (VC) / Other Audio-Visual Means (OAVM). 9. Appointment of Secretarial Auditor  Approved the Appointment of Ms. K. Dalal & Co., Practicing Company Secretaries, Surat (FCS 3530; CP No. 3863), as the Secretarial Auditor of the company, for performing audit of the company’s secretarial records for a term of five years beginning from 1st April, 2026 that will conclude on 31st March, 2031, subject to the approval of shareholders. Details Marked as Annexure-E. 10. Re-appointment of Statutory Auditor  Approved the Re-appointment of Ms. KSA & Co., Chartered Accountants (FRN: 003822C) as Statutory Auditors of the company for a term of five years beginning from 1st April, 2026 that will conclude on 31st March, 2031, subject to the approval of shareholders. Details Marked as Annexure-F. Kindly take the above information on your record. Thanking You, For Borana Weaves Limited Ankur Mangilal Borana Executive Director and Chief Executive Officer (DIN: 01091164) CHARTERED ACCOUNTANTS INDEPENDENT AUDITOR’S LIMITED REVIEW REPORT ON REVIEW OF INTERIM FINANCIAL RESULTS FOR THE QUARTER ENDED JUNE 2026 TO THE BOARD OF DIRECTORS OF M/s. BORANA W ES LIMITED (CIN: L17299 20PLC1177. 1. We have reviewed the accompanying Statement of Unaudited Financial Results of BORANA WEAVES LIMITED (the “Company™), for the quarter ended June 2026 (the “Statement”), being submitted by the Company pursuant to the requirement of Regulation 33 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, as amended. 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 the 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 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 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 (ICAI). A review of interim financial information consists of making inquiries, primarily of the Company’s personnel 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 specified under section 143(10) of the Companies Act, 2013 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 stated in paragraph 3 above, nothing has come to our attention that causes us to believe that the accompanying Statement, prepared in accordance with the recognition and measurement principles laid down in the aforesaid Indian Accounting Standard and other accounting principles generally accepted in India, has not disclosed the information required to be disclosed in terms of Regulation 33 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, as amended, including the manner in which it is to be disclosed, or that it contains any material misstatement. For KSA & Co. Chartered Accountants (Registration Number: 003822C) CA Arun Kanodiya Partner Membership Number: 077131 UDIN: 2604H31SSTWZ8 Date: 11™ August 2026 Place: Surat Delhi: K-8, Ground Floor, Jangpura Extension, New Delhi-110014 Ph.: 011-24323155, 43553157, Fax: 011 4323156. Surat: G-6, Ground Floor, International Commerce Centre, Near Kadiwala School, Ring Road, Surat-395002, Ph: 0261-2462268, 4046663 Email: ksasurat@yahoo.com Kolkata: 20, NS Road, First Floor, Room Number 15, Pocket-A, Kolkata-700001 BORANA WEAVES LIMITED ((FFormoerly rmerly Known as BORANA WEAVES PRIVATE LIMITED) Regd Office PLOT NO. B-5/3, B-5/4, B-5/5, Be5/6, B-5/7, B+5/7/1, ROAD NO. 9, HONIWALA ESTATE, SUSML, SURAT, GUIARAT-304230 Eemail : ino ‘Website hitps //boranagroup in/ Corporate Identification Number (CIN): L17299GJ2020PLC117745. STATEMENT OF UNAUDITED FINANCIAL RESULTS FOR THE QUARTER ENDED JUNE 30, 2026 (Rupees n lakhs excaes sptatted & Quarter Ended Vear Ended o 30 June,2026 | 31 March,2026 | 30 June, 2025 | 31 March, 2026 (Unsudited) | (Refer Note3) | _(Unandited) (Avdited) [INCOME: 21 |[ OR te hev re n Iu ne c f or mo em Operations 100 883 790 100 17 63 62 820 80 19 29 86 42 388 85 29 13 40 3 [Total Tncome (1+2) 016963 1024002 821246 | 968079 EXPENSES: (E DFCC Om eiho tp pnas hrl ant eeng ro o e y if Ees c M tei pa in et e nB nIr se tn i n esva e sne l fn ds it t o AC sr o i oEn e rxss tp iu eo snfm se F ted i is n o.i s Eh xed eG no so ed s and Work-In-Progress 15 8 .6 53 02 3582 245 18 5 13 138w 71 4514 84 052 [Showing first 8,000 characters — download PDF for full document]