Interim report
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JNK India Limited ( Formerly known as JNK India Private Limited ) CIN : L29268MH2010PLC204223 203 to 206 , Centrum , Plot No. C - 3 , S.G. Barve Road , Wagle Estate , Thane ( W ) 400604 , Maharashtra , INDIA Tel : 91-22-68858000 Email : admin@jnkindia.com Website : www.jnkindia.com Date : August 11 , 2026 To , BSE Limited , The General Manager , Department of Listing Operations , Phiroze Jeejeebhoy Towers , Dalal Street , Mumbai - 400 001 Scrip code : 544167 Dear Sir / Madam , To , National Stock Exchange of India Limited , The Manager , Listing Department Exchange Plaza , C - 1 , Block - G , Bandra Kurla Complex , Bandra ( East ) , Mumbai 400 051 Security Symbol : JNKINDIA JNK Sub : Outcome of the Board Meeting and Disclosures under Securities and Exchange Board of India ( Listing Obligations and Disclosure Requirements ) Regulations , 2015 . Pursuant to Regulation 30 of the SEBI ( Listing Obligations and Disclosure Requirements ) Regulations , 2015 ( " Listing Regulations " ) , we wish to inform you that the Board of Directors of the Company at their meeting held today i.e. Tuesday , August 11 , 2026 , have inter - alia considered and approved the following : 1. Unaudited ( Standalone and Consolidated ) Financial Results of the Company for the quarter ended June 30 , 2026 along with Limited Review Report thereon pursuant to Regulation 33 of the Listing Regulations . ( Annexure A ) 2. Subject to the approval of the shareholders and such other statutory and regulatory approvals , as applicable , amendment to the Main Object Clause and Ancillary object of the Memorandum of Association ( " MOA " ) of the Company by insertion of a new sub - clause to the existing object clause for the adoption of new line of business . ( Annexure B ) 3. Subject to the necessary approval , setting up of Branch Office of the Company overseas in the Republic of Iraq . 4. Change in Senior Management Personnel of the Company . ( Annexure C ) The requisite details as required under Regulation 30 of the Listing Regulations and SEBI Master Circular No. SEBI / HO / 49 / 14 / 14 ( 7 ) 2025 - CFD - POD2 / 1 / 3762 / 2026 dated January 30 , 2026 are enclosed herewith as Annexure . Time of commencement of Board Meeting Time of conclusion of Board Meeting 04:41 P.M. 06:04 P.M. The above information is also available on the Company's website : https://www.jnkindia.com
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JNK India Limited - £ >jNK (Formerly known as JNK India Private Limited) CIN: L29268MH2010PLC204223 203 to 206, Centrum, Plot No. C-3, S.G. Barve Road, Wagle Estate, Thane (W) — 400604, Maharashtra, INDIA Tel : 91-22-68858000 Email: admin@jnkindia.com Website: www.jnkindia.com Kindly take this intimation in record in compliance with applicable statutory provisions. Thanking you, Yours faithfully, For JNK India Limited Ashish Soni Company Secretary and Compliance Officer Enclosure: a/a
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Annexure A P G BHAGWAT LLP HEAD OFFICE Chartered Accountants Suites 102, ‘Orchard’ LLPIN: AAT-9949 Dr. Pai Marg, Baner, Pune - 45 Tel (0): 020 - 27290771 Email: pgh@pgbhagwatca.com Web: www.pgbhagwatea.com Independent Auditors’ Review Report on the unaudited quarterly standalone financial results of JNK India Limited Pursuant to the Regulation 33 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 The Board of Directors JNK India Limited 201-206, Centrum, Plot C-3, Wagle Estate, Thane (W) - 400604 We have reviewed the accompanying statement of unaudited standalone financial results of JNK India Limited (the ‘Company’) for the quarter ended June 30, 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 (“Listing Regulations”). 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 Indian Accounting Standard (Ind AS), prescribed under Section 133 of the Companies Act, 2013, and other accounting principles generally accepted in India. Qur responsibility is to express a conclusion on the Statement based on our review. 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. This standard requires that we plan and perform the review to obtain moderate assurance as to whether the standalone financial results are free of material misstatement. A review is limited primarily to inquiries of company personnel and an analytical procedure applied to financial data and thus provides less assurance than an audit. We have not performed an audit and accordingly, we do not express an audit opinion. Based on our review conducted as above, nothing has come to our attention that causes us to believe that the accompanying statement of unaudited standalone financial results 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 P G BHAGWAT LLP Chartered Accountants Firm’s Registration Number: 101118W/W100682 Abhijit Pradip . Shetye ) Abhijit Shetye Partner Membership Number: 151638 UDIN: 26151638BICMVY9612 Place: Pune Date: August 11, 2026 Offices at: Mumbai | Kolhapur | Belagavi | Dharwad | Bengaluru
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UNKINDIA LIMITED (FORMERLY KNOWN AS JNK INDIA PRIVATE LIMITED) Registered Office : 203-206, Centrum, S G Barve Road, Wagle Estate, Thanc (West) - 400604 CIN:L29268MI12010P1LC204223 Website : www.jnkindia.com Statement of Unaudited Standalone Financial Results for the Quarter Ended 30th Junc, 2026 . - INR in Million | 77 ~ Quarter ended Year ended Sr. No[Partieu 300 June. 2026 | 31t March, 2026 | 30th June, 2025 315t March. 2026 [Unauditcd] Refer Note VIIT [Unaudited] | [ Audited] 1 {imcome: Revenue from Operations 163553 299528 988.25 7.556.11 Other Income 6591 5989 3884 19745 Total Income 170144 305817 1.027.09 7.753.56 un 766.42 161838 36227 3758.68 531 ©.18) 86.19 155.47 Project Expenscs 454.74 659.25 338.10 1837.65 Employee Benefit Expenscs 164.15 197.39 13027 62023 Finance Costs 34,00 5313 3634 157.32 Depreciation and Amertization Expenses 18.36 2124 15.54 72.33 Other Expenses 83.67 9931 38.07 305.49 Total Expenses 1,516.03 2,648.52 1.006.78 6.907.17 11 |Profit before Exceptional Ttems and Tax (I-11) 185.41 406.65 2031 84639 IV |Exceptional ltems = - - s Vv [Profit Before Tax (LLI-1V) 185.41 406.65 2031 84639] . VI | Tax Expense : ) |Current Tax 55.49 8276 9.70 200.96 b) | Deferred Tax Expense/(Income) (5.54) 7.26 (1.08) (328) Total Tax Expense 49.95 90.02 8.62 197.68 VII | Profit for the period/ycar (V-V1) 135.46 316.63 11.69 648.71 VIIT |Other Comprehensive Income: Ttems that will not be reclassified to Profit or Loss: -Remeasurement gains / (loss) of Defined benefit plans (7.99)| 2.56 (3.12) 392 Income tax relating to above item 201 (065) 079 (0.99) Trems that will be reclassified to Profit or Loss: = - - < Other Comprehensive Income for the period/year (5.98) 191 @33) 293 IX |Total Comprehensive Income (VIL+VIIT) 129.48 318.54 9.36 651.64 x |Paid-up Equity Share Capital (Face Value of share: INR 2 et cach ) X XI |Other Equity 5,553.82 XII |Earning per share (EPS) a) Basic EPS (in INR) 242 566 021 1159 ) Diluted EPS (in INR) 242 566 021 1159 (not annualised) (0t annualised) (not annualised) (annualised) -~ fl ) kown o.H'\ Chaivperson Ewholelime Diveclor
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JNK INDIA LIMITED ( FORMERLY K Registered Office : 203-206, Centrum, § CIN:L29268MH2010PLC204223 Website : www.jnkindia.com Notes to Unaudited Standalone Financial Results for the quarter ended June 30, 2026 NOWN AS JNK INDIA PRIVATE LIMITED) 3 Barve Road, Wagle Estate, Thane (West) - 400604 I These Unaudited Swndalone Financial Resuls of the Company have heen prepared in & prescribed under Section 133 of the Companies Act. 2013, as amended, read with rele (Listing Obligation and Disclosure Requirements) Regulations 2015 ( "LODR") ince with the Indian Accounting Standards ("Ind AS") qs| ant Rules thereunder and in terms of Regulation 33 of the SEB[ I These Unaudited Standalone Financial Results have been reviewed by the Audit Committee and approved by the Board of Directors atits meeting held on 1th August. 2026 and have been subjected 10 a limited review by the Statutory Auditors. T The Company's main activity consists of Designing, Engincering, Procurement, Manufacture, Fabrication, Erection and Commissioning of fired heaters and| related combustible engineering products. INK Chemdist Technologies Private Limited, subsidiary of the Company. Tepresenting a separaite operating| segment, namely “Process Equipment.” became operational during the previous year ended on March 31, 2026 Accordingly, segment reporting related| diselosures have been presented for the first time in the unaudited consolidated financial results of the Company for the quarter ended December 31, 2025 IV During the year ended 31st March 2025, the Company has completed its Initial Public Offer (IPO) 0f 1,56,49,967 equity shares of face value INR 2 cach at| ssue price of INR 415 per share. The issue comprised of 72,28,915 equity shares for fresh issue and 84,21,052 equity shares for offer for sale. Pursuani| 10 IPO, the equity shares of the Company were listed on National Stock Exchange of India Limited (NSE) and BSE Limited (BSE) on 30th April, 2024, V' The utilization of the Initial Public offer (IPO) proceeds (net of PO expenses) as on 30th June 2026 is summarized as below INR in Million ) Amount as proposed in the | Revised (Due to reduction | Utilisation up to 30 June - Particulars SHTEE Dt merit i Offerespeinidy Sing Unutilised up to 30 June 2026 Working Capital requirements 262690 2.646.50 2.646.50 . General Corporate purpose 170.49 170.49 170.49 - Total 2,797.39 281699 2.816.99 = VI Effective 21 November 2025, the Govermment of India has consolidated multiple existing labour Iegislations into a unified framework comprising of four] labour codes collectively referred as the "New Labour Codes'. The Company has assessed and disclosed the fnoromental impact of the New Labour Codes of Rs. 9.22 million on standalane financial results under Employee Benefit Expenses for the year ended March 31, 2026 1 fo primarily arising due tol change in definition of wages and recognition of past service costs, VIl Diluted Earnings Per Share for the year ended 31 March 2026 was reported as ¥11.56 in the standalone financial results submitted under Regulation 33 due {0 an inadvertent calculation error. The correct Diluted EPS is 211,59 (same as Basic EPS), which has now been correctly stated in the figures above, VI The figues of the quarter ended 315t March 2026 as reported in the standalone financial resulis are the balancing figures between the audited figures in respect of year ended 315t March 2026 and unaudited standalone financial results of 9 month ended 315t Decomber 2025, which arere subjected (o limited| review by the statutory auditors. 1X Financial information for the previous year/quarters have been regrouped/rcelassified to conform (o the appropriate presentation and comparability of] finencial information, wherever necessary. By order of the Board For JNK India Limited| Chairperson & Wholetime Director, Thane 11th August, 2026
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P G BHAGWAT LLP Chartered Accountants HEAD OFFICE Suites 102, ‘Orchard’ LLPIN: AAT-9949 Dr. Pai Marg, Baner, Pune - 45 Tel (0): 020 - 27290771 Email: pgb@pgbhagwatca.com Web: www.pgbhagwatea.com Independent Auditor’s Review Report onsolidated financial results of the Company Pursuant to the Regulation 33 ng Obligations and Disclosure Requirements) Regulations, 2015 On the unaudited quarter of the SEBI (Li The Board of Directors JNKINDIA LIMITED 201-206, Centrum, Plot C-3, Wagle Estate, Thane (W) - 400604 We have reviewed the accompanying Statement of unaudited Consolidated Financial Results of JNK India Limited (“the Company”), and its Subsidiaries for the quarter ended June 30, 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 (“Listing Regulations”). 2. This Statement, which is the responsibility of the Company’s Management and has been 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, 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. 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. We also performed procedures in accordance with the circular issued by the SEBI under Regulation 33 (8) of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, as amended, to the extent applicable. 4. The Statement includes the results of the following entities: i JNK India Private FZE - Wholly owned subsidiary ii. JNK Renewable Energy Private Limited - Wholly owned subsidiary i, JNK Chemdist Technologies Private Limited - Subsidiary 5. Based on our review conducted and procedures performed as stated in paragraph 3 above and based on the consideration of the review report of the other auditor referred to in paragraph 6 below, nothing has come to our attention that causes us to believe that the accompanying statement of Offices at: Mumbai | Kolhapur | Belagavi | Dharwad | Bengaluru
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P G BHAGWAT LLP Chartered Accountants LLPIN: AAT-9949 unaudited consolidated financial results, prepared in accordance with the recognition mea rement prineiples laid down in the aforesaid Indian Ac counting Standard and other accounting prineiples generally accepled in India, has not disclosed the information required to be disclosed in terims 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 6. Other Matters The interim financial information of two subsidiaries reflects total income of Rs. 2.87 million, total net loss after tax of Rs. 0.69 million, and total comprehensive income of Rs. 0.69 million (loss) for the quarter ended June 30, 2026 as considered in the unaudited consolidated financial results. These interim financial information have been reviewed by other auditors and their reports, vide which they have issued an unmodified conclusion, have been furnished to us by the management and our conclusion on the Statement, in so far as it relates to the amounts and disclosures included in respect of these subsidiaries, is based on the reports of the other auditors and the procedures performed by us as stated in paragraph 3 above One of these subsidiaries are located outside India whose financial results and other financial information have been prepared in accordance with accounting principles generally accepted in their respective country and which have been reviewed by other auditors under generally accepted auditing standards applicable in its respective country. The Holding Company’s management has converted the financial results and other financial information of such subsidiary located outside India from accounting principles generally accepted in its respective country to accounting principles ge accepted in India. We have reviewed these conversion adjustments, if any, made by the Holding Company's management. Our conclusion on the Statement is not modified in respect of the above matter. For P G BHAGWAT LLP Chartered Accountants Firm Registration Number: 101118W/W100682 . Digitally signed by Abhijit Pradip auhii pracip shetye Date: 2026,08.11 Shetye 18:33:14 405'30' Abhijit Shetye Partner Membership Number: 151638 UDIN: 26151638AMMYGJ6168 Place: Pune Date: August 11, 2026
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JNK INDIA LIMITED ( FORMERLY KNOWN AS INK INDIA PRIVATE LIMIT 203-206, Centrum, § G Barve Road, Wagle Estate, Thane (West) - 400604 D) Statement of Unaudited Consolidated Finaneial Results for the quarter ended 30th June, 2026 o - INR in Million ~ Quarter ended -~ Year ended Sr. No. | Particulars 30th June, 2026 31t Mareh, 2026 30th June, 2025 315t Ma 2026 [Unaudited] Refer note 1N below |Unaudited] |Audited] 1 Income: Revenue from Operations 1,799.63 238440 990.99 8, Other Income 6037 6136 | 19431 Total Income 1.860.00 344570 1.029.70 _ 8.379.84 I |Expenses: Cost of material consumed 834,58 172527 402.64 5 Changes in Tnventories of work in progress and finished goods 48,94 4743 46.06 2067 Project Expenses 475.57 806,88 33872 1.998.94 Employee Benefit Expenses 184.14 22053 13161 664.67 Finance Cos 4435 66.58 3635 172.85 Depreciation and Amortization Expenses 2867 0.05 15.56 85.30 Other Expenses 97.40 12253 3895 344.77 Total Expenses 1713.65 301927 1,009.89 7.527.69 1 |Profit before Exceptional Items and Tax (I-1T) 146.35 42649 19.81 85215 1V |Exceptional liems - - - - v |Profit Before Tax (IHI-IV) 14635 42649 19.81 85215 VI |Tax Expense : ) |Current Tax 55.49 18.64 9.70 236.89 b) |Deferred Tax Expense/(Income) (539) (22.55)) (1.16)] (32.94) Total Tax Expense 50.10 96.09 854 203.95 VIL [Profit for the period/year (V-VI) 96.25 330.40 1.27 648.20 VII |Other Comprehensive Income: Items that will not be reclassified to Profit or Loss: -Remeasurement gains / (loss) of Defined benefit plans (7.99) 229 (.12) 340 Income tax relating to above item 201 (©57) 079 (0.85) Ttems that will be reclassified to Profit or Loss: - = : - Other Comprehensive Income/(loss) for the period/year (5.98) 172 2.33) 255 IX |Total Comprehensive Income (VII+VIIT) 90.27 332.12 8.94 650.75 Profit attributable to Owners of parent Company 11467 32652 127 649.48 Non Controlling Interest (18.42) 388 - (129, Other Comprehensive Income attributable to Owners of parent Company (5.98), 183 2.33) 276 Non Controlling Interest - ©.11)) - (0:20)] Total Comprehensive Tncome attributable to Owners of parent Company 10869 32835 8.94 65224 Non Controlling Interest (18.42) 3.77 - (1.49)] X |Paid-up Equity Share Capital (Face Value of share: INR 2 each ) 11191 X1 |Other Equity 5,564.59 XII |Earning per share (EPS) a) Basic EPS (in INR) 205 584 020 11.61 b) Diluted EPS (in INR) 205 584 0.20 1161 (not annualised) (not annualised)| (not annualised) (annualised) s (4 By }4 om O"H\ ' C.]'\UQWPQ’YSory R L\)\'\c\r_% me rD "rCC}"J1
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JNKINDIA LIMITED (FORMERLY KNOWN AS JNK INDIA PRIVATE LIMITED) Registered Offic +203-206, Centrum, S G Barve Road, Wagle Estate, Thane (West) - 400604 CIN:L29268MH2010PLC204223 Website : www.jnkindia.com Notes to Unaudited Consolidated Financial Results for the quarter ended June 30, 2026 I These Unaudited Consolidated Financial Results of INK India Limited (the 'Company' or 'F lolding Company' or ‘Parent’) and its subsidiaries (the Holding Company and s subsidiaries hereinafier referred to as the ‘Group') have been prepared in accordance with the Indian Accounting Standards ("Ind AS") as prescribed under Section 133 of the Companies Act, 2013, as amended, read with relevant Rules thereunder and in terms of Regulation 33 of the SEBI (Listing Obligation and Disclosure Requirements) Regulations 2015 ( "LODR") 11 These Unaudited Consolidated Financial Results have been reviewed by the Audit Committee and approved by the Board of Directors at its meeting held on I1th August, 2026 and have been subjected 1o a limited review by the Statutory Auditors. T Operating segments are reported in a manner consistent with the intemal reporting provided to Chief Operating Decision Maker (CODM). The Board of Dircctors have identified the Chairperson-Whole Time Director (WTD) and Chief Executive Officer-WTD of the Holding Company as the CODM of the Group. INK Chemdist Technologies Private Limited, a subsidiary of the Holding Company, representing a separate operating segment, namely “Process Equipment,” became operational during previous year ended March 31, 2026. Accordingly, segment reporting-related disclosures have been presented for the first time in the audited consolidated financial results. Segment information as per Ind AS 108 ‘Operating segments’, as disclosed below for consolidated financial results, have been identified based on the information reviewed by the Board after considering similar economic characteristics and aggregation criteria - INR in Million Quarter ended Year ended :r. Particulars 30th June, 2026 3lst March, 2026 30th June, 2025 31st March, 2026 o. [Unaudited] Refer note IX below [Unaudited| [Audited] 1 | Segment Revenue Combustion Equipment 1,637.10 3,031.53 990.99 7,597.33 Process Equipment 162.53 352.87 - 588.20 Total Income from Operation 1,799.63 3,384.40 990.99 8,185.53 | Segment result (profit /(loss) before tax and “ |finance costs from each segment Combustion Equipment 297.25 647.04 109.58 1,392.17 Process Equipment (13.30) 15.02 ~ 24.69 Total 283.95 662.06 109.58 1,416.86 Less: i) Finance Cost 44.35 66.57 36.35 172.85 i) Other Unallocable Expenditure 44 58 169.00 540 58 (net of unallocable income, if any) Profit Before Tax 146.35 426.49 19.81 852.15 3 | Segment Assets Combustion Equipment 9,349.27 9,158.23 7,009.30 9,158.23 Process Equipment 996.79 1,139.86 - 1,139.86 Total Segment Assets 10,346.06 10,298.09 7,009.30 10,298.09 Unallocable 156.28 317.54 149.72 317.54 Total Segment Assets 10,502.34 10.615.62 7,159.03 10,615.62 4 | Segment Liability Combustion Equipment 3,922.99 3,874.57 1,980.53 3.874.57 Process Equipment 624.55 679.25 - 679.25 Total Segment Liabi 4,547.54 4,553.82 1,980.53 4,553.82 Unallocable 165.19 381.88 125.47 381.88 Total Segment Liability 4,712.72 4,935.71 2,106.00 4,935.71 < L\“rv‘ L( omaH\ B ~C \Y\'C,Li“rPC'YSOn & L)ko'v: bime Diveckor
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1V During the vear ended 31st March 2025, the Holding Company completed its Initial Public Offer (PO 0l 1,56.49,967 equity shares of face value INR 2 atan issue price of INR 415 per share. The issuc comprised of 72.28.915 equity shares for fresh issuc and 84 21.052 equity shares for offer for 10 1PO, the equity shares of the Company were listed on National Stock Exchange of India Limited (NSE) and BSE Limited ( BSE) on 30th Apri, V' The utilization of the Initial Public offer (1PO) proceeds (net of IPO expenses) as on 301h June 2026 is summarized as below: (INR in million) T =3 % \mmmlm Amount as proposcd in l:‘d""‘r‘:l‘u‘:|‘£“(‘)‘;‘\‘l Unutilised up to 30 o the offer Document June 2026 June 2026 expenses) Working Capital requirements 262000 2.646.50 2,646.50 | ] General Corporate purpose 170.49 170.49 170.49 [Total 2797.39 2.816.99 2.816.99 j VI Effective 21 November 2025. the Government of India has consolidated multiple existing labour legislations into a unificd framework comprising of four labour codes collectively referred as the *New Labour Codes”. The Company assessed and disclosed the incremental impact of the New Labour Codes af Rs million on consolidated financial results under Employee Benefit Expenses for the year ended March 31, 2026, It 1 primarily arising due to change in definition of wages and recognition of past osts. The Government s in the process of notifying related rules to the New Labour Codes and impact of these will be evaluated and accounted for in accordance with applicable accounting standards in the period in which they are notificd. servi VI During the previous year ended March 31, 2026, the Company along with promoters of Chemdist group of companies, incorporated a subsidia Chemdist Technologies Private Limited'. Consequently, the Subsidiary acquired various assets from Chemdist group of companies. Based on the assessinent performed by the management, aforesaid acquisition falls within purview of Ind AS 103 - Business Combination, For the purpose of accounting of aforesaid acquisition, 1 Qctober 2025 is considercd as acquisition date. Accordingly. total acquired assets of Rs. 391,56 Million and fotal purchase consideration of Rs. 415.82 Million (consisting contingent consideration of Rs. 28.10 Million) were recognised at thei acquisition date fair value. Further deferred tax asscts of Rs. 7.07 million and resultant goodwill of Rs. 17.19 Million is also recognised on acquisition date, Due to aforesaid business combination accounting, numbers pertaining (0 the querters ended June 30, 2026, March 31, 2026 and year ended March 31, 2026 5 presented ubove are not comparable with quarter ended June 30, 2025 to the exten of aforesaid acquisition accounting, VI Diluted Earnings Per Share for the year ended 31 March 2026 was reported as 211.57 in the consolidated financial results submitted under Regulation 33 due to an inadvertent calculation error. The correct Diluted EPS is 211.61 (same as Basic EPS), which has now been correctly stated in the figures above. TX The figures of the quarter ended 3 Ist March 2026, as reported in the consolidated financial resulls are the balancing figures between the audited figures in respect of year ended 31st March 2026 and unaudited consolidated financial results of 9 month ended 31st December 2025 » which were subjected to limited review by the statutory auditors. X Financial information for the previous year/quarters have been regrouped/reclassified to conform to the appropriate presentation and comparability of financial information, wherever necessary. By order of the Board For JNK India Limited Thane Arvind, 11th August, 2026 Chairperson & /Holetime Director
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JNK India Limited .‘OJNK (Formerly known as JNK India Private Limited) CIN: L29268MH2010PLC204223 203 to 206, Centrum, Plot No. C-3, S.G. Barve Road, Wagle Estate, Thane (W) — 400604, Maharashtra, INDIA Tel : 91-22-68858000 Email: admin@jnkindia.com Website: www.jnkindia.com Annexure — B.1 Amendment to Object clause of Memorandum of Association (“MOA”) 1. Alteration of Clause III(a) [Main Objects]: By inserting the following new sub-clauses 6 and 7 immediately after the existing sub-clause 5: 6. Tocarry on the business of design, engineering, supply, fabrication, transportation, logistics, heavy-lifting, marine and offshore operations, and the installation, erection, commissioning, maintenance, repair, and dismantling of all types of engineering products, heavy equipment, structures, modules, mechanical and electrical assemblies, and industrial machinery, whether onshore or offshore, domestically and globally. 7. To carry on the business of engineering, procurement, construction, turnkey contracting, project management, design, engineering, construction, civil and structural works, commissioning, and maintenance for industrial plants, processing units, and infrastructure across the mining industry, steel industry, cement industry, metallurgical industry, mineral processing, and other similar or allied heavy industries in India and abroad. 1I. Alteration of Clause ITII(b) [Ancillary Objects]: By inserting the following new sub-clauses 55 and 56 immediately after the existing sub-clause 54: 55. To purchase, build, charter, hire, lease, own, operate, manage, maintain, or otherwise acquire marine vessels, barges, tugs, offshore support vessels, floating cranes, heavy-lift transport equipment, modular transporters, and specialized offshore/onshore installation craft required for or conducive to the transportation, erection, and installation business of the Company. 56. To enter into, undertake, and execute projects on a Build-Own-Operate (BOO), Build-Operate- Transfer (BOT), Build-Own-Operate-Transfer (BOOT), Engineering-Procurement-Construction, Turnkey, Public-Private Partnership (PPP), or any other concession or contracting model, and to promote, incorporate, or acquire Special Purpose Vehicles (SPVs), project companies, or consortiums in India or abroad for the execution of such industrial, offshore, or infrastructure projects.
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JNK India Limited .‘OJNK (Formerly known as JNK India Private Limited) CIN: L29268MH2010PLC204223 203 to 206, Centrum, Plot No. C-3, S.G. Barve Road, Wagle Estate, Thane (W) — 400604, Maharashtra, INDIA Tel : 91-22-68858000 Email: admin@jnkindia.com Website: www.jnkindia.com Annexure — B.2 Industry or area to which the new line of The new lines of business belong to the business belongs to Heavy Industrial Engineering, Procurement and Construction, alongside Marine, Offshore, and Onshore Transportation, Logistics, and Fabrication. This encompasses comprehensive design, engineering, supply, civil/structural works, and turnkey contracting for industrial plants and infrastructure across the mining, steel, cement, metallurgical, and mineral processing industries including offshore oil & gas industry. Expected benefits 1. Expands the Company's value chain to include design, engineering, supply, and fabrication, coupled with specialized marine/offshore operations and heavy-lifting logistics. 2. Opens new revenue streams by enabling the Company to bid for and execute large-scale, turnkey industrial projects in the heavy industries sector (steel, mining, cement etc). 3. Empowers the Company to undertake complex, long-term infrastructure projects. Estimated amount to be invested The capital expenditure for the new line of business will be incurred incrementally based on specific project requirements, contract awards, and operational needs. Initial investments will be directed towards establishing foundational engineering and execution capabilities. These investments, along with any subsequent capital outlays for specialized equipment or offshore assets, will be funded through a mix of internal accruals and/or borrowings as deemed appropriate by the Management from time to time.
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JNK India Limited (Formerly known as JNK India Private Limited) CIN: L29268MH2010PLC204223 203 to 206, Centrum, Plot No. C-3, S.G. Barve Road, Wagle Estate, Thane (W) — 400604, Maharashtra, INDIA Tel : 91-22-68858000 Email: admin@jnkindia.com Website: www.jnkindia.com Annexure - C «Onk Name of Senior M. Pravin Pulujkar Mr. Prasad Phatak Mr. Ravikumar functional experience across Oil & Gas, EPC, Chemical, and Automobile industries. Expertise in strategic sourcing, global procurement, supplier development, contract negotiation, inventory management, cost control, vendor management, and procurement planning. Proven track record in managing high-value procurement, achieving significant cost savings, developing supplier relationships, and implementing process years of experience in project management and execution of EPC projects. Experienced in managing a team of Project Managers and managing multiple projects for PSU and private-sector ~clients, with expertise in project planning, execution, cost and cash-flow management, stakeholder coordination, risk management, procurement, logistics, and timely project delivery. Management Mudali Vallathur Personnel (SMP) Reason for change Due to change in Due to change in Due to change in viz. appointment, re- internal role and internal role and internal role and appointment, responsibilities. responsibilities. responsibilities. resignation, removal, death or otherwise Date of appointment/ | Designated as a Senior | Designated as a Senior | Ceased to be reappointment/ Management Management designated as a Senior cessation (as | Personnel w.e.f. | Personnel w.e.f. | Management applicable) & term of | August 11, 2026. August 11, 2026. Personnel w.e.f. appointment August 11, 2026 (from Term: Existing full- | Term: Existing full- closure of business time employment. time employment. hours). Since there is no cessation of employment, the above employee will continue in the employment of the Company. Brief profile (in case | Senior Procurement | Experienced Senior Not Applicable of appointment) Professional with 22+ | General Manager — years of cross- | Projects with over 30
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JNK India Li ited (Formerly known as JNK India Private Limited) CIN: L29268MH2010PLC204223 203 to 206, Centrum, Plot No. C-3, S.G. Barve Road, Wagle Estate, Thane (W) — 400604, Maharashtra, INDIA Tel : 91-22-68858000 Email: admin@jnkindia.com Website: www.jnkindia.com «Onk improvements such as e-auction and online vendor ordering systems. Experienced in handling large-scale projects, including projects across India and international locations. Disclosure of Relationship between Directors (in case of appointment of a director) Not Applicable Not Applicable Not Applicable