Interim report
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Date: January 29, 2026 To, Listing Department National Stock Exchange of India Limited Exchange Plaza, C-1, G Block, Bandra Kurla Complex, Bandra (East), Mumbai - 400 051. Symbol: SYRMA Department of Corporate Service BSE Limited Phiroze Jeejeebhoy Towers, Dalal Street, Mumbai - 400 001. Scrip Code: 543573 Subject: Outcome of Board Meeting held on January 29, 2026, under Regulation 30 and 33 of the SEBI (Listing Obligation and Disclosure Requirements) Regulations, 2015. Dear Sir/ Madam, This is to inform you that the Board of Directors of the Company in its meeting held today i.e January 29, 2026 which commenced at 2:00 p.m. and concluded at 5:00 p.m., inter alia considered and approved the following: 1. Unaudited (Standalone and Consolidated) Financial Results of the Company The unaudited (Standalone and Consolidated) Financial Results of the Company for the quarter and nine months ended December 31, 2025 and the limited review report thereon. The copy of the unaudited (Standalone and Consolidated) Financial Results of the Company for the quarter and nine months ended December 31, 2025, is enclosed as Annexure – I. 2. Extension of Long-Stop Date – Acquisition of 49% equity stake in Ksolare Energy Private Limited in Joint venture with Premier Energies Limited. Pursuant to the extension letter received from the Seller and the Target Company, the long-stop date for fulfilment of the conditions precedent has been extended by a further period of 30 (thirty) days, i.e., up to February 20, 2026, in relation to the proposed acquisition of 49% equity stake in Ksolare Energy Private Limited. This extension is in accordance with the Board approval and the Company’s letter dated October 23, 2025, wherein it was envisaged to acquire the Target Company in association with Premier Energies Limited. The Board of Directors took note of the same. 3. Extension of Long-Stop Date – Joint Venture Agreement (JVA) amongst with the Company, Elemaster S.P.A Tecnologie Elettroniche (JV Partner), and Syrma SGS Design and Manufacturing Private Limited (Joint Venture Company). Keeping in view the request from the JV partner, the long-stop date for closure of the fulfilment of the conditions precedent in the JVA has been extended for a further period up to February 28, 2026. The Board of Directors took note of the same. The aforesaid documents are also placed on the website of the Company at https://syrmasgs.com/ . The same may please be taken on record and suitably disseminated to all concerned. For Syrma SGS Technology Limited Bhabagrahi Pradhan Company Secretary Membership No. : F4921 Place: Gurgaon ENCL: as above.
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Walker Chandiok &.Co LLP Walker Chandiok & Co LLP 21'1 Floor, DLF Square Jacaranda Marg, DLF Phase II Gurugram - 122 002 India T +91 124 4628099 F +91 124 4628001 Independent Auditor's Review Report on Standalone Unaudited Quarterly Financial Results and Year to Date Financial Results of Syrma SGS Technology Limited pursuant to the Regulation 33 of the Listing Obligations and Disclosure Requirements) Regulations, 2015 (as amended) To the Board of Directors of Syrma SGS Technology Limited 1. We have reviewed the accompanying statement of standalone unaudited financial results ('the Statement') of Syrma SGS Technology Limited ('the Company') for the quarter ended 31 December 2025 and the year to date results for the period 1 April 2025 to 31 December 2025, 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. The 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 Indian Accounting Standard 34, Interim Financial Reporting ('Ind AS 34'), prescribed under section 133 of the Companies Act, 2013 ('the Act'), and other accounting principles generally accepted in India and is in compliance with the presentation and disclosure requirements of Regulation 33 of the Listing Regulations. 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 the Standards on Auditing specified under section 143( 10) of the Act, 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 the recognition and measurement principles laid down in Ind AS 34, prescribed under section 133 of the Act, and other accounting principles generally accepted in India, has not disclosed the information required to be disclosed in accordance with the requirements of Regulation 33 of the Listing Regulations, including the manner in which it is to be disclosed, or that it contains any material misstatement Chartered Accountants Offices ,n Bengaluru. Chandigarh. Chenna,. Gurugram Hyderabad Koch,. Kolkala. Mumbai. Nev, Delhi No1da and Pune I� y :5_.._, --- , i,y'alker Chandiok & Co LLP ,s registered with llm,ted l1ab1lity •,11th 1dent1f1cat1on number AAC- ,. 2085 and ,ts registered office at L-41 Connaught Circus Nev, Delhi t 1000 t India
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Walker Chandiok &.Co LLP Independent Auditor's Review Report on Standalone Unaudited Quarterly Financial Results and Year to Date Financial Results of Syrma SGS Technology Limited pursuant to the Regulation 33 of the Listing Regulations (cont'd) 5. We draw attention to note 8 to the accompanying Statement, which describes that the Company has given effect to the Scheme of Amalgamation ('the Scheme') between SGS lnfosystems Private Limited (Transferor Company 1). SGS Tekniks Manufacturing Private Limited (Transferor Company 2) and the Company (Transferee Company") and their respective shareholders and creditors, with appointed date of the Scheme being 01 April 2023, as approved by the Hon'ble National Company Law Tribunal vide its order dated 07 October 2025, in accordance with the accounting treatment prescribed in the Scheme which is in line with the accounting principles as laid down in Appendix C to Ind 103, "Business Combinations". Accordingly, the comparative financial information for the previous periods presented in the accompanying Statement has been restated from the beginning of the preceding period presented, being 1 April 2024. Our conclusion is not modified in respect of this matter. 6. The financial information of SGS lnfosystems Private Limited and SGS Tekniks Manufacturing Private Limited (together hereinafter referred to as "Transferor Companies") included in the accompanying Statement while giving effect to the Scheme of Amalgamation as detailed in note 8 to the accompanying Statement is based on the following financial statements/results of the Transferor Companies which have been audited/ reviewed by another firm of Chartered Accountant as mentioned below: Name of Transferor Period of financial Name of the Auditor Type of Opinion/ Date of Audit / Companv statements/information Conclusion Review Report SGS lnfosystems Year ended 31 March M/s R K Raman & Co. Unmodified Opinion 07 May 2024 Private Limited 2024 SGS Tekniks Year ended 31 March M/s Deloitte Haskins Unmodified Opinion 09 May 2024 Manufacturing 2024 & Sells LLP Private Limited SGS lnfosystems Year ended 31 March M/s R K Raman & Co. Unmodified Opinion 07 May 2025 Private Limited 2025 SGS lnfosystems Quarter and period M/s R K Raman & Co. Unmodified 22 January 2025 Private Limited ended 31 December Conclusion 2024 The aforesaid mentioned audit and review reports have been furnished to us by the management and have been relied upon by us for the purpose of our review of the accompanying Statement Our conclusion is not modified in respect of this matter. For Walker Chandiok & Co LLP Chartered Accountants Fi � i,tion No 001076N/N500013 Manish Agrawal Partner Membership No.: 507000 UDIN: l6S-01000f.TH x.rrq3J3 Place: Guru'gram Date: 29 January 2026 Chartered Accountants
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Syrn1d SGS Technology Limited CIN:L30007MH2004PLC148165 Regd. Office: Unit F601, Floral Deck Plaza, Andheri East, Mumbdi-400093. Statement of Stdndalone Unaudited Financial Results for quarter dnd nine month period ended 31 December 2025 SI. No. Pdrticulars 1 Income (d) Revenue from operclt1ons (b) Other income Total income 2 Expenses (d) Cost of materldls consumed (b) Purchc1se of stock 1n trc1de (c) Changes 111 inventories of finished goods, work-m-progress and stock m trc1de (d) Emplovee benefits expense (e) Fmance cost (f) Deprec1c1t1on and amort1sat1on expense (g) Other expenses Total expenses 3 Profit before tax and exceptional items (1 - 2) 4 Exceptional items (refer note 10) 5 Profit before tax (3 - 4) 6 Tax expense -Current tdx (including earlier period/year taxes) - Deterred tax (cred1t)/chdrge Total tax expense 7 Profit dfter tax (5-6) 8 Other comprehensive income (A) Items that will not he reclassified lo profit and loss (i) Remeasurement of net def med benefit lir1b1hty (11) Income tax expenses relating to the above (B) Items that will be reclassified to profit and loss (1) Fem vdlue gam / (loss) on equity investments class1f1ed as fd1r value through other comprensh1ve income (11) Income tax expenses relating to the dbove Total other comprehensive income/ (loss) net of tax 9 Total i.:omprehensive income (7+8) 10 P,ud-up equity share capital (refer note 4, note 5 and notl:' 6) (face vdlue of Rs. IO per share) 11 Reserves (other equ1tv) 12 Earning per share (face value of Rs. IO per share)* (•) 8dS1, (In Rs.) (b) Diluted (In Rs.) *Earning per shcUe not r1nnualised except for the vear ended 3·1 /\.-larch 2025 PldCe: Gurugram Ddle: 29 jdnUMV 2026 - ,(�/ --· u;{� (�]}, ?;.� � c?. :\� <?o Acco\l'-' - Qudrter ended 31 December 2025 (Un,udited) 11,513 94 126.26 11,640.20 8,569.05 507.07 (438.72) 392.34 62.40 "164.95 1,211.23 10,468.32 1,171.88 26.05 1,145.83 2"17.17 (4.44) 212.73 933.10 2.00 (050) 1.50 1.50 934.60 1,925.88 4.84 4.84 Quarter ended 30 September 2025 (Unaudited) 10,869.78 98.12 10,967.90 8,418.93 15.73 17.44 378.58 115.65 174.92 985.27 10,106.52 861.38 861.38 218.87 (11.48) 207.39 653,99 2.95 (0.74) 2.21 2.21 656.20 1,923.10 3.51 3.51 Qudrler ended Nine months 31 December 2024 ended 31 December 2025 (Un,udited) (Unaudited) (Rest,ted) (Restated) 8,292.71 31,464.28 217.11 297.80 8,509.82 31,762.08 6,308.42 24,083.64 0.50 541.84 (78 81) (580 64) 341 17 1,155.76 137 86 31755 lo4.30 51352 1,034.44 2,984 05 7,907.88 29,015.72 601.94 2,746.36 20.00 26.05 581.94 2,720.31 70 I 1 bll.79 8.59 (16 30) 78,70 595.49 503,24 2,124.82 2.H (480) (0.54) 1 21 1.60 (3.59) 1.60 (3.59) 504,84 2,121.23 1,780.00 1,925.88 2.83 11 43 2.82 11.42 - /4c�o� /0�0 1fE �SVRMA, 4 .. SGS i <Y--1 o�'y s * - (A.mount in Rs. million) Nine months ended 31 December 2024 (Un,udited) (Restated) 27,519.5/ 356.16 27,875.73 2'.2,601.1➔ 11.68 (415 93) 1,026 70 401 b4 ➔oo.71 2,437.45 26,529.39 1,346.34 20.00 1,326.34 250 62 (2.36) 248.26 1,078.08 (14 85) 3.7-1 (11.11) (11.11) 1,066.97 1,780.00 6.07 6.04 ForSynn,1 S Yeilr ended 31 March 2025 (Audited) (Restated) 36,157 51 472.64 36,630.15 27,989.03 169.15 607.36 1,416.28 548.00 632.28 3,135 19 34,497.29 2,132.86 20.00 2,112.86 452.58 (26.3"1) 426.27 1,686.59 (0.72) 0.59 (0,13) (3132) 4.48 (26.84) (26.97) 1,659.63 1,780.47 15,483.08 9 49 9.45 echnolo�y Limited s��S � Jral /\. mg Director IN: 00198825
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Syrma SGS Technology Limi ted Cl N: L30007M H2004PLC148165 Regd, Office: Unit F601, Floral Deck Plaza, Andheri East, Mumbai-400093. Notes to the Statement of Standalone Unaudited Financial Results for the q_uarter and nine month period ended 31 December 2025 fhe ,1bove slrmd.-1.lo1w u11,1udit ed lmc1m 1.-1.l results of S� rmc1 SGS lt>chnolog} Limited ('the Compitnv') for the quart e1 dnd nine month period ended 31 Decemlx-1 2023 IMYe bePn prepa 1e d iri ,Kcordcrnce with the Indian Accounting St,rnda1d 3-:1 "I nterim Findnual Reporting" (" [nd ,\S 3'i") rlS �"l1esc1 ibed under Seel ion U'.' of lht> Corn prlnies Act, 20 U 1edd with n-'IP\ c1n l rules issued thereundrr and Dlhe1 ,lL'L'Ounting principle gem-•r,llh ,11.:cepted in [ndid ,rnd 111 complianc e with Reg-ulatiun 33 of 5<.•curiti es c1nd Exchd np,t> t3o,ud ol lnd ic1. (l isling Obligc1lions dnd Disclosure Requirements Regul rtlions, 20l5, rlS ,Hncnded, which were review(•d ,rnd recommended by the .\udil Committee dnd rtpprmed b, tlw Bo,Hd oJ OirPl'lors di its nweting lwld on 29 jdnu, 11y· 2026. ll 1e st,1tut 0r) dudit ors ol the Con,pcln) 1Mve c<1rried out limit ed review of tht' 1csults tor the period ctnd qu,1rter ended 31 Den.=-m llf'r 2025 2 rhe Compct11\' received dll dtnount ol Rs 7,257 22 million (net ol lni ti.11 Puhlic OtferinK ("IPO'') expenses ot Rs, -Hl2 78 milli on) trnm pl'oceeds out ot tresh issue ol 1.�quih shcH<-'S du1 ing the lina11cic1I ve,u- ended 31 \.lc1.rd, 2023 I he util iz,Hion o( net IP O pnxePds i!> sumn Mrized below: fAmounl in Rs. milli on) Amount to be Uti lization upto lJnuti lized Objects of the issue as per prospectus ut ili zed as per 31 December amount JS on prospectus 2025 31 December 2025 Fun din},?; Cclpitdl expenditur e -l,030.00 3.5 17,66 ol 2_3,j ru ne.ling workine c,wilal 1el1u iremcnts Ub .80 1.31 5. 13 0_67 1, 91U 2 1,900.00 lJ -l2 Total 7,257.22 6,732.79 524.43 \!el !PO Proceeds whirh wc>1c> unutili zed c1s ctl 31 Deceml"'/\�r 202:i Wt->fl' temp01, 11 il\' invested in fixed dC'posits with sclwdu lt'd comml'rCir\l bank s. 1 fhc Compcrny ope1•ates in 0111 \· mu• 1ep ortc1hlP busin ess segmr-nl i c, p1oviding Electronics \l ,rnufdcluring Services (E.\I S) ,,s determined bv Chief Oper<tling Decision .\lc1 kPr (COD\!) in ,l<'c ordance with l�D . .\S 108 ''OpPrc1tinr, Sep,nwnts'' -l On 19 Octob<>r 2021, tlw sh,1n.•holde 1s of the Comp,1ny hc1d ,1pprm t>d tlw S\'r'ffM SGS Emplo vec> Stm k Oplion Schcnw ("Scheme J '") ,1nd Svrmc1 SGS Emplon'P Stud, Option St- heme (":X:hemt" 2'') which forms p,ul of the S\'1'1'1.'1.d SGS Stoel-. Option ['Ian. l"hP plc111 1s odminist erPci lw thp 'Nomi11nlion ,md Remunerntion Commilt pe' l onstituted b) the t5uon1 of Dir•ectors ol the Comp..t.rn· fhe exe1cise period is 3 c1nd 4 veMs respectively from the dctte ot \'esting During the quctrter end1.�d 31 December 2025, the Cum p,uw l1c1s ,\llutt ed 366,.322 equil Y sh..t.res upon exercise> ol Empl o�·ee Stock Option by the elig ible Pmploy t>es unde1 Snma SGS Stork Option Plc1.n under Scheme 2 :i On 08 September 2023, the shc1.r C'holders oJ the> Compctny hr1ve appr oved the c1cquisition of shc1res tiom secondctry mcll'kC'L by Syrm, 1 SGS Emp loyees \\'f.,lt,ne lr usl ("the lr ust") �01 tht:1 implenwnlcttion oJ 'Snma SGS - Employ e<' Stock Option Pion 2023' ("Scheme 3") and 'Syrm,1 SGS - Em plovce Stock Option Plc1n 202.3' ("St:heme -l'') tor subsequent c1llolment to t"mpl oyees Such shdlt"S drquir ed hdve been reduced tio m the lolctl shcHe cc1pit,1l in the S1i:1ndc1lonE' r'indncidl Results els at 31 DecemLX't 2025, .10 Sept ember 2025, .11 �l arch 2025 rrnd 31 Deceml,c1 2024 Further, durinp, the qu,H te1 ended 31 December 2025, the Compam has g1,rnled 421,947 stock options to l�mp loyees under Scheme -!, which will Vl'St in cl graded m.anner in c1uo rd,uwr wit h Scheme 4, 6 During thP p,cvious qu,ute1 and pe1 iod ended 30 September 2025, the Compam has issued 14 ,306, 151 Equitv Sha1es of tht:.• �ace vc1lur of Rs.IO ec1ch rtt c1 premium ol Rs_ 689 P'-'' slldrt' on privillt> pli!Lement th10 11gh Quc\li fied lnstilu tionc1I Plr\cenwnt (QIP), c1ggr egctling lo Rs, 10,000 00 million for certain pu1 pose c1s sl<tted in the pldceml"nl document . ,-\II the proceeds 1e ceived have been utili sed in ,ll:nHdctnce with the placement donrn1enl <ts on 31 Dt'rrmbc1 2025, 7 Du l"inp, the q11 c1rte1 31 Dt>cembe1 2025, the Compa1n· l1c1s execu lt>d st>cu1 ities su bsn iption ,md pun IMse ,1greement ("SSPA") and slMreholders ' c1greement ("SH .-\") with the promotPrs of Ekome lntegratrd S\'slPms Privc1te Limited (" Ekonw") lo c1cqu ir{' tlw enti re pc1id-up slMre r<tpit,ll ol Ekome. As on 31 fJpccmber 2025, the Comp.my IMs p,,id to1�1I considl--'Tc\tion ,1mounling lo Rs 2,350.00 milli on to c1n1uir e 60°� stc1ke in Ekome, ,.\s per the 1.•xel·u ted SSP:\, the rem c1i.ni11p, -W o,o st,1ke will be ctc:quirrd in cl phc1sed 111J1me1 hu tlit>r, in dl1 ordann� with the ,1loresctid rtgreements, Elconw IMs also ,u:quir •ed the cnti1e �Mid-up shc1rf' l< 1pil,1l of >irwicom fedmology ln lernatim'l.cll Prlv,\tP Um itl'd (" \."c1,·ico111'') Posl this ,1cquisition, \;ovi com h..t.s l)(.>COlllt:' c1 wholl\ '-ownC'd subsidi,1n ol r.:koml' 8 I he BcMrd of direl "lors of tlw Com pcrn,· in its mt:'eting held on l '.\iovl�mlx•1 2023 h,1d dppr oved ii. scheml' ot c1111cllgcrnlcllion a.nd ,Hrangemenl ("Sclwnw") invoh ing ,1111c1lgc1m c1tion of its whollv ow1wd subsidit1r ies SGS IP kniks \[ c1nuf ,u-lu1 ing Pri,·ah• [.imit l'd ,111d SGS lnf osystems Priv(\ll:' l.in1 ill1d with Symlcl SGS le chn olog�' Li1nil ed. [l lt' ll on'hh 1 �c1t ionc1I Compc1n� Lnv lr ibun,1\ (NCI T), \[ umb c1i Br-nch hc1s ,1ppr oved tlw Sdwnw vidc> order d<1ted 07 Odolx-r 2025 with c1ppo111 tl•d d,1tl' being 01 .\ pril 202:J ,\n-ordinglv, th£' Comp,rnv lMs c1ccoun led lor tlw Schcnw ,1s pr, 'thl' Pooling lll [ntP1Psl .\l ethod' siwdlied in the ,1pproH 1d S<.·lwnw which in line with the \ppl 1ndix Co t Ind \S l0.l, "Busil wss Combi1Mtions uf En lilirs undn Common Control" ,rnd conSl'l]llPnlh , lhe comp,lldl ivl' fin,111� ic1l inl onn<1lion for llw pn•vious pe1 iod/n •,11 p1est>nll�d in this Stc1LP11wnt h.is b<.•1.�n ll'Slcll(•d t1om lhe lx�ginning ol tlw l'Mlit'st period pl'('Sf'nlPd, [)(1ing I ,\pril 202-! J'otc1l ol 1wt idl1ntic1hle ,1sscts ,Kquir l'li (net ol li..t.bilih clnd rest.>rvt>s) b�· llw Compc11w lrom tlw SGS lntos, stems P1 ivc1te Limilcd dlld SGS lP kniks \·l,mul,Kl111 ·in� Priv.tle l. im1t t>d, wcls Rs. 120.00 million ,rnd Rs 16 13 milli on 1C' spect ivl�ly, whirh w,1s t>qur1l lo the cct1 rying r\mounl ol invl'slnwnts l,rnn•l ll'd in llwsc 11 ,1nsl('ror nunp,1nies t' hL• imp rl..:t ol mnr,,•r on thp prC'vious ye,1r/�wr1od figu n�s i11( ludl'd in thl'SC' st.ind.1lont' rC'sults is ,,s under: Change in revenue from operations, profit before lax Jnd profit after tax Description Quarter ended Jl December 2024 Reported Restated RcvCllLJ(' 11 01\l OPl'lc lti ons 0.1. i.i.04 8.292,71 P1Ulit hcfort. ' tc1x 31 6 5] 581 94 l'rolit ,11\ rr t,1>.. 286,oO 003 24 Nine-month period ended 31 December 2024 Reported Restated 18.122 08 27,ol 9.:,7 539 49 l, 326.34 175. [2 1. 1178.08 (Amount in Rs. Mil lion) Year ended 31 March 2025 Reoorled Restated 22,777 50 36,1:,7 :,] 952 30 2,11 2 86 797 28 1.686 _59
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Syrma SGS Technology Limit ed CIN: L30007MH2004PLC148165 Regd. Office: Unit F601, Floral Deck Plaza, Andheri East, Mumbai- 400093. Notes to the Statement of Standalone Unaudited Financial Results for the quarter and nine month period ended 31 December 2025 9 During the quarler ended 3 L December 2025, the Comp.im made an dddit ional investmenl ol Rs 360,03 mil hon in Sv rma Strategic Electron ks P1 i, ate Limited ("Subsididn' Company") . Ful' ther, this Subsidian Com�)dn\ has issued 228,816 equih shcues to SH Electronics Co. Limited for d considert1tion ol Rs. 120.00 million . On dccount of the dbove transactions, the Comprmy holds 750.� t>quitv stakP in this Subsidiarv Compitm as on � L December 2025 10 The Governnwnl ol lndid IMs recenth consolidated 29 existing labour leiisldtions into ct uni ted frc1mework L-omprising tou1 Ldbour Code viz Cod� on \\'dges 2019, Code on 50!.::i<ll Seru1il :,', 2020, lndustri,,I Relation Code, 2020, and Occupational S<1iel) , Health and Working Condition Code, 2020 (collectiveh · ,e terred to as the :-.;ew Ldbou, Codes) 11,ese New Labour Codes have been notified on 21 :-.;ovember 2025 The Minist1 v o( L1hour & Em plo�·ment pu blished dr,dl Centrdl Rules ,md FAQs to endble c1ssessment of thr ti1ldn(i<1l imp,u.:t due to t:hc1nges in regulc1t ions� The Com pcm� llds c1ssessed crnd <1rcounted for the im:1 emerltc1J impc1cl of these chd nges with the best inform<1tion c1vc1ilc1ble dnd gui dctrn.:e provided b., the Institute of Ch<1rterf'd .-\i.:countc1nts of [ndia ('ICA.r') � The im pa<..:t of the <1bove rhdnge c1mounting to Rs 26 05 million hds been disclosed dS "Exceptionctl items" in tlw stc1nddl one findnddl results t01 U1e qudrt"er c1nd nine months ended Tl December 2025 The Compdm' i.:ontinues to monitor the find lisdtion ot Ct>ntrdl/ Stdte Rules ctnd cla ri.ficdtions tram the Government on othe1 ctspeds of the Ldbour Codes dnd would provide appropridte dCTOuntin� etfei.:t dS dlld when such rldrificdtions c1re issued/ rules ctre notified 11 Previous year/period figures hdve been reddssifit•d to ,.:onforrn to the current period cldssifo.:alion/pr esenlation lh est� recldssificc1tions Me nol mdleridl to stdndalone findncidl 1esults .-\lso, refer noll> 8 c1bon� Plal·e: Gu rug1 ctm Dale: 29 Januan 2026 For Syrma S ··;t '" "" ,r Singh Gujral l1ll 1t1)tlltl� Direi.:tor DIN : 001 98825
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Walker Chand iok &Co LLP Walker Chandiok & Co LLP 2pt Floor, DLF Squar e Jacaranda Marg, DLF Phase II Gurugram - 12 2 002 India T +91 12 4 4628099 F +91 12 4 4628001 Independent Auditor's Review Report on Consolidated Unaudited Quarterly Financial Results and Year to Date Financial Results of Syrma SGS Technology Limited pursuant to the Regulation 33 of the SEBI (Listing Obligati ons and Disclosure Requirements) Regulations, 201 5 (as amended) To the Board of Directors of Syrma SGS Technology Limited 1. We have reviewed the accompany ing statement of unaudited consol idated fina ncial results ('the Statement') of Syrma SGS Technology Lim ited ('the Holding Company') and its subsidiaries (the Holding Company and its subsidiaries together referred to as 'the Group') and its associate (refer An nexure 1 for the list of subsidiaries and associate included in the Statement) for the quarter ended 31 December 2025 and the consoli dated year to date results for the period 1 April 2025 to 31 December 2025, being submi tted by the Holding Company pursuant to the requirements of Regulation 33 of the SE BI (L isting Obligati ons and Disclosure Requirement s) Regulations, 2015 (as ame nded) (' Listing Regulations'). 2. This Statement, which is the responsibilit y of the Holding Company's management and appr oved by the Holding Compa ny's Board of Dir ectors, has been prepared in accordance with the recogni tion and measurement princip les laid down in In dian Accountin g Standard 34, In terim Fin anc ial Reporting ('In d AS 34'), prescribed under section 133 of the Compan ies Act, 2013 ('the Act'), and other accounting principl es generally accepted in India and is in compliance with the presentation and disclosure requirements of Regulation 33 of the Listing Regulations. Our responsibilit y 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 Eng agement s (SR E) 2410, Review of Int erim Fi na ncial Inf ormation Performed by the In dependent Auditor of the En tity, issued by the In stitute of Chartered Accountant s of In dia. A review of interim fin ancial in formation cons ists of making inqui ries, prim arily of persons respons ible for fina ncial and accounti ng matters, and applying analytical and other review procedures. A review is substantial ly less in scope than an audit conducted in accordance with the Stan dards on Auditing specified under section 143(10) of the Act, and consequen tly, does not enable us to obtain assurance that we would become aware of all signi ficant matters that might be identified in an audit. Accordi ngly, we do not express an audit opi nion. We also performed procedures in accordance with the circular issued by the SE BI under Regulation 33 (8) of the Listing Regulations , to the extent applicable. 4. Based on our review conducted and procedures performed as stated in paragraph 3 above and upon consideration of the review reports of the other auditors referred to in paragraph 5 below, nothing has come to our attention that causes us to believe that the accomp anying Statement , prepared in accordance with the recogni tion and measurement princip les laid down in Ind AS 34, prescri bed under section 133 of the Act, and other accounting princip les gener ally accepted in ln diq_, has not disclosed the in formation requi red to be disclosed in.accordance with the requirements of Regulation 33 of the Listing Regulations, in cluding the manner in which it is to be disclosed, or that it contains any materia l mi sstatement. Chartered Accountants Offices ,n Bengaluru, Chandigarh Chenna,. Gurugram Hyderabad, Koch,. Kolkata Mumbai. Ne'.'/ Delhi. Noida and Pune V Walker Chandiok & Co LLP is registered 1·11th limited liability with 1dent ificat1on number AAC-2085 and ,ts registered offtce at L-41 Connaught Circus. New Delhi 110 001 India
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Walker Chandiok &_Co LLP Ind ependent Aud itor's Review Report on Cons olid ated Unaud ited Quart erly Fi nancial Resu lts and Year to Date Fin ancial Resu lts of Sy rma SGS Tech nol ogy Lim ited pur suant to the Reg ul ation 33 of the Listing Reg ul ati ons (cont'd) 5. We did not review the interim financ ial informa tion of thirteen subsidiaries included in the Statemen t, whose financial informa tion reflects total revenues of t 1,21 6.2 6 million and t 2,339.1 8 mill ion, total net profit after tax of t 179 .53 mil lion and t 184 54 million, total comprehensive income of t 182. 01 million and t 208.87 million for the quarter and nine-mont h period ended on 31 December 2025, respectively as considered in the Statement. These interim financ ial information/ financ ial results have been reviewed by other auditors whose review reports have been furnished to us by the Holding Company's management , and our conc lusion in so far as it relates to the amount s and disclosures inc luded in respect of these subsidiaries is based solely on the review reports of such other auditors and the procedures performed by us as stated in paragraph 3 above. Our conclusion is not modified in respect of this matter with respect to our reliance on the work done by and the reports of the other auditors. 6. The Statement includes the int erim financ ial information of two subsidia ries, which have not been reviewed by their auditors, whose interim financ ial inf ormation reflects total revenues of t 29.89 million and t 51.39 million, net loss after tax of t 6.12 million and t 24.99 million, total comprehensive loss of t 6. 12 mill ion and t 24.99 million for the quarter and nine mont h period ended on 31 December 2025 respectively as considered in the Statemen t and have been furnished to us by the Holding Company's management. The Statement also includes the Group's share of net loss after tax of t 0.00 million and t 0.0 0 mill ion, and total comprehensive loss of t 0.0 0 mi llion and t 0.0 0 milli on for the quarter and nine month period ended on 31 December 2025, in respect of one associate, based on their interim financ ial inf ormation, which have not been reviewed by their auditors, and have been furnished to us by the Hold ing Company's manag ement . Our conclusion on the Statement, in so far as it relates to the amount s and disclosures inc luded in respect of these subsidiaries and associate, are based solel y on such unreviewed interim financial inf ormation. According to the information and explana tions given to us by the management, this int erim financial information is not material to the Group. Our conclu sion is not modified in respect of this matter with respect to our reliance on the financial information certified by the Board of Directors. For Walker Chandiok & Co LLP Chartered Accountants Fir � n No 00 1 076N/N5000 13 Man ish Agr awal Partner Membership No. : 507000 Place: Gurugram Date: 29 January 2026 Char tered Accountants
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Walker Chand iok &_Co LLP Independent Auditor's Review Report on Consolidated Unaudited Quarterly Financial Results and Year to Date Financial Results of Syrma SGS Technology Limited pursuant to the Regulation 33 of the Listing Regulations (cont'd) Annexure 1 List of entities included in the Statement (in addition to the Holding Company) 1. SGS Solutions GMBH 2. Perfect ID In dia Private Limited 3. Syrma Techn ology Inc 4. Syrma Johari Medtech Limited (formerly known as Johari Digital Healthcare Limited) 5. Syrma Johari Medtech Inc (formerly known as Johari Digital Healthcare Inc) 6. Syrma Mobility Private Limited 7. Syrma Semicon Private Limited 8. Syrma SGS Design and Man ufacturing Private Limited 9. Syrma SGS Tech nology and En gine ering Services Limited 10. Syrma SGS Electronics Private Limited 11. Syrma Strategic Electronics Private Limited 12. Syrma Elecomp Private Limited (from 24 May 2025) 13. Syrma Components Private Limited (from 27 May 2025) 14 Elcome Integrated Services Private Limited (from 16 December 2025) 15. Navicom Techn ology Int ernational Private Limited (from 31 December 2025) Associate: 1. Perfect IOT Wireless Solutions LLP y - I l - Chartered Accountants
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Syrma SGS Technology l irnited CIN: l30007i\l H2004PLC148165 Rcgd, Office: Unit F601, Floral Deck Pl,iza, And heri Edsl, Mum bdi-400093. t�\Jnount in Rs. �liUlon' St,.1ten1ent of Conso liddt ed Undudit ed l;im111d11I ltrsulb (or uudrter and nine month U\'tim..1 �nded 31 December 2025 Quarter ended Qudrter ended 31 December 10 Septemb l'r SI. No. P,uticula rs 2025 2025 fUndudit rd) (Unauditcct) I Jucume (,1) Revenue from ope1,1t1ons 12,64 1 80 11 ,458.87 (b) Net p,itin on foreign curr encv fluctui1t J011s'' (c) Other in conH' 102 .96 87,H Totdl income 12,744,7fi 11,546.31 2 ExpeUSl"S {.t) Cost of m.-1 lenc1ls consumed 8,992 13 8,729.54 (b) Pwchilse of stod, 111 trc1de 5178 2 17 42 (c) Ch,rnges in 1ment o1 ies of f1n1shed goods, stol· k-in-l, ,1de .ind "or k-in -progress (336 53) (1 6.55) (d) Emplove-c l)(:'1Wf1ts Pxpense 556 26 31'"1 .65 (e) Finc1r ire rnst 76.82 12 6,.l I (f) D(•p1L"t.·1,1l1on rtnd ,1mort1sc1l1on t:>xpi.inse 202.83 218 .49 (g) Othe1 expenses'\ 1,318 _02 1,061 45 I otal expenses 11,327.45 10,651.31 3 Profit hefon, ldx dnd ext:eptiondl items (1 - 2) 1,41731 895.00 4 Exception,:11 itc>ms (rder note 9) 33 83 Profit bl!fore ld)I. (3 - 4) 1,383.48 895.00 6 Tr1x Expense - Current t.,x (tnduding e,1rl1er periodsh·cM t,nes) 284 12 235.04 - Deferred t,1'.\ (nt>dit)/cl1t1rge (3 78) (3 .45) 1 otdl tdx expen st.• 280.34 231.59 7 Profit after tax (5-6) 1,103.14 663.41 s Other compreh,•nsi,·e int:ome (A) Hems th.ti will not be reddssified lo profil dlllt loss (1) Reme,1su1emenl of net definet.1 benefit hithillh 2.5'1 4.09 (1i) lncome tn\ e:x�nst•s rel,,tm� to the .ibove (0.68) (0_88) 1.88 3.21 (B) Items thdt will he ret:ldssific-d to profit dnd loss (I) Exchitnge di ffenmres 1n tr,rnslcttinR fithlnr1itl st,1lements ol t'o1e1gn opernlions 2.45 15_06 (ti) F.ti1 vnlup gr1in / (loss) on equit y lll\ 'eslmt:>nls rlnss1 f1ed r1s l11ir ,·,1lue thrnugh other t om prehcns1ve inroml' (in) lnconw l,1x e,p,mses rel,1hng to the ,1bovc 2.45 15.06 'L uldl other comprehensi,·c- income/ (loss) net of tdx 4.33 18.27 <) 1o tJI romprl'hL•nsh• c infonlC' (7+8) 1,107.47 681.68 JO Profil for thr- period dtlrihu ldbl<' lo Owm•rs of tfw I loldm� Com p,in,· 1,027.86 (,40 6(1 Non-contr oll ing inl er(>Sts 75.28 22- 81 1,103.14 663.41 II Totdl olhl'r romprehensi\ '<' im:omc- / (Joss) for th� pl•riod dtlri1'ul.thlc to Owne1s of the I lold1ng Com p,rnv 1.92 7 60 Non-conlroll1 nv, inter ests 2 41 10 .67 4.33 18.27 12 I utdl romprt'h<"nsl\·�• im·omc- for the perio<VYt'dc dtlrihutAh l<' to 0\\ ners of the Holding Com pctm· 1,02'! 78 648 20 �on-r onll ollin¥, 11ltl •rl1sls 77.69 33.48 1,107.47 681.68 13 l'nid-up equ1lv shctre r,11111,11 (rdP1 no lC' -1, nol� 5 ,rnd nolC' 6) 1,925.88 1,923 09 (f,nt> v,,l 11C' ol Rs II) pN sh,1re) 14 H,•s<·•, PS (ollwr t'<.!lllh ) 15 L11111ng 1w1 ..,1,,1 1l• (f,ll'l' \, 1lul •ol R<:, 10 iwr ,h,m•f (,,) 11,lSll (1 11 R'j l 3 1 1 14 4 (b) Dilul l•d tin I{, ) • 1 , I q_\ •1 :,11 n1r w.1w1 .,h,11l· 1111t ,1nnu,1l1 sl'd l''\l l'l,l tn1 lhl' \( ',11 l'lldt'd 'ii \l, ltl h 2025 Qudrter ended 31 December 2024 {Un,1udit cd) 8,696 98 217 70 8.914.68 6.489 63 15 60 (74.80) 464 72 15 4 3.J 202 26 1,006.22 8,257.97 656.71 21 .38 635.33 93 85 IIAI 105,26 530.07 09 7 (0 57) 0.40 (12 92) . (12.92) (12.52) 517.55 487 94 42 13 _;Jo.07 (12 51) /0_01) (12.52) 475 43 42 12 517.S5 1,780 00 2 7-l 1 7-t Nine month period ended 31 Decemhl•r 2025 {Unaudit ed) 33,540 47 259 73 33,800.20 2-1,975 65 556 07 (52 1 16 ) 1, 57-1 74 352-15 627 12 3,25 I 53 30,816.42 2,983.78 33 83 2,949.95 702 04 (17 84) 684.20 2,265.75 (3 49) 0 95 (2.54) 31 45 31.45 28.91 2,294.66 2, 165 86 99_89 2,265.75 15 98 12.93 28.91 2, 181 84 I 12 82 2,294.66 1. 925 88 11 (1S 11 i> I I Nine month Year ended period ended 31 March 2025 :n De(ember 2024 (Unaudited) {.-\uJit eJ) 28,623,30 37,866.91 . 5 02 350,00 489 '2 28,973.30 38.361.15 23,054 96 28,564 -17 14.52 175 62 (452 99) 574 63 1,38 1 .38 1,910 28 428 12 584.60 543 20 750 69 2,545.68 3,408.73 27,514.87 35,969.02 1,458.43 2,392.13 21 38 21 38 1,437.05 2,370.75 305 16 567 94 I 89 (4 1 .69) 307.05 526.25 11 30.00 1.844.50 ( 15 .97) (1 69) 3 81 0_81 (12.16) (0.88) (7 81) 4.95 (3 1. 20) . 4.45 (7.81) (21.80) (19.97) (22.68) 1,110.03 1,821.82 1,043.28 1,698.71 86,72 145,79 1,130.00 1,844.50 ( 19 .70) (22.45) (0-27) (0_>)) (1 9,97) (22.68) 1, 023 58 1,676 26 86 45 145 56 1,110.03 1,821.82 1,7 80.00 1, 780 �7 15 ,7 19 17 5 87 9 33 5 8) 9 32 . /\for llw )'l'dr t'ndt1d .n 1\lctr1 h 202S, lhl'rl' wds fnrl•ign l'Xrh,111g1• flmlHdlion �.tin. ln tlH' n•mr1ining 1wriotls, Lht>r l' \\' J'> luo.s tHI forl'ign rurrl'nry rlurluJlinn, .is dis dos,•d .ihm·e. ' JJl,lt l' l, II I Ll��I ,llll 1),llt• 29 J,HHl ,H \ !_(),!6 . v )� I -'<;.cHN o� )�o ·r':: G', 1: .. �SVRMA cl SGS � V 1 �<>' y I ur Syrm• sc,·� •• : � lur, • I imi t.-<I � .,,,,, c.. ;,,,, I. ,,y.1ni� U1r�, tc•, IJIN : 1!0198825
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Sym1a SGS Technology Lim ited CIN: l30007MH2004PLC148165 Regd. Office: Unit F601, Floral Deck Plaza, Andheri East, Mumb ai-400093. Notes to the Statement of Consolidalcd Unaudil ed Financial Results for the uarter .md nine n,011111 criod ended 31 Dcrember 2025 ThC' r1bo, el onsolidcited Lllldt1dited fo1c1nc1r1I results ot Syrma SGS Technology f.imitPd ('tlw Hold.in� Compct.nv') and its subsidiaries dnd its dssocic1te (together reterred to as 'Lhe Group') for lhe qu(HtPr and nine month ended Jl Deccmbt'r 202.5 have been prepared m rlccordc1nce with the reco�nition and measurement prirn:iples laid dmvn m Indian Accounting Sl,1m,ford 14 "lnlerim J:in,rnL- irll Reporting" ('1 lnd . ..\S 14") <1s prescribed Lmder Section 133 ot thP CompcH1ips Act, 20l3 dnd redd wiU1 rPlPVrl.Ill rules issued tlwre under ,md other .,,,·m11 ,1i11r, principle gener11lh· dCCt>pted m Indic'I c'lnd m complic 1n(P with ReguJrttion 33 ol Seruritic>s ctnd Exch,mge Bodrd ot Indid (Listing Obligations dnd Disclosure Requirements l�l.')iul,,1ion�, 201:J, c1s <1nwndt'd, whkh were reviewed ,md re(ommended bv the .--\udit Committ t'e ,rnd approvPd b, the BocHd o( Directors 111 its nw12t1 11g held on 29 ]dllUdrV 2026 The )l,1t1111.,n duditors of the Group ha.ve carried oul li1nit�d review ot the results for the qudrter a.nd nine month period endPd ::H December 2025 2 The Holding Compilm· received dn itmounl ot Rs 7,257_22 m.ilhon (net of lnitidl Publk Offering ("IPO") expenses ot Rs --102.78 miJlion) lrom proceeds out oJ fresh issue of equitv :,l\tll"l.' during tlw lin,11Kidl vectr ended 31 � [c1n.·I, 2023 I he:> utilizdUon ol net IP<) proceeds is summdrizcd below: (Amount in Rs. Milli on) Objects of the issue as per prospectus Amount to be utilised as Utili sation upto Unutil ised amount as on per prospectus 31 December 2025 31 December 2025 Funding c,1,.1ital expenditure 4,030.00 3.�17 ,66 512 )4 Fund in� working Cctpildl requirements l,3b, 80 l.3b . 13 0,67 GPnerctl 1,:orporc1te purooses l, 9LU 2 1, 900,00 II H Total 7,257.22 6,732.79 524.43 Net IPO proceeds whkh wcrP unuti lizcd c1s ,11 31 DecpmbPr 2025 W<•re temporn ril�• invcsll'd i_n fixed deposits with S..:hcduled rom,nc-rci,•l lMnks 3 The Group op+?rr1tes in onlv one reportr1blC' busi ness segment i e, providing Electronics �l .uu1facluring Services (Ei\l S) dS determined b, Chit'l Operc1ting DPdsion �[akP1 (COD�t) In .iccordmwe with IND r\S 108 "Operdting Segnwnls" 4 On 19 Onober 2021, lhe shareholders ol the Holding Companv had approved the Svrnrn SGS Emplo1 �e Stock Option Schenw ("Sd1<>111e l ") and Svr111<1 SGS Emp lovee Stm·k (ll'iion Schenw ("Sdwme 2") whkh forms JMrl ot tht-> SvrnM SGS Slotk Option Plcm 1 he pl<1n is ,H.tminis lered b\" tlw 'Nomitldtion .md Remuncr<llion Commiltee 1 conshtuted bv the Bollrd uf Dirc>ctors ot the f-lolding Companv The exercise' pC'riod is 3 rUld -l vt1ars respectivclv from the ddt<' or vesting, During the quartn l'rnfod Jl ncc(•mlwr 2025, the Holding Cnmpd1w ha:LS c1llottPd 366,322 L1quil, shdres upon exercise ol Emplovee Stock Option bv the eligi ble emp lovees under Svrmri SGS Stock Option Plc1n under Scheme 2. 3 On 08 September 2023, tllP sh,ireholders ol thP Holding Compc1nv hrtve rtpproved thP c1c4uisition of sh,uPs from set:ondrtn mc1rket Lw SvrnM SGS Emplovees \Velfar() l'rusl (0the 1 nhl'1 tor the implementation of 'Svrrna SGS Ernplovee Stock Option Pl,rn 202�' ("Scheme 3") and 'Svrma SGS - Emplo1 ee Stock Oplion Plan 2023' ("Scheme 4") for subsequent al lotmenl IO emplovl�es. Such shdfes dcquired hrtve lx�Pn reduced lrom the totdl shcHP capit�11 in tlw ConsoLiddted Fir1r11h.:idl Results c1s 111 31 Den1mb1.�r 2025, 30 September 2025, 31 Mcuch 2025 dnd \1 Deccm bl'T 2024. furt her, during the qud1 ter ended 3L Decen1ber 2025, tllP Holding Companv l'lds granted -!21,947 stock opti ons to emplm ees under Scheme 4, which will vesl m d ,tritdt:'d mc1mwr in clCCord,mce with SchcmP -l 6 Duri ng the previous qudrter and period Pmkd 30 Septembn 2025, the HoldU1g Compmw hc1s issued 14,106,LSI equitv slldres of tlw t,KP vc1lue of Rs.IO ectch ctt r1 premium of Rs_ 689 p<!r shdre on privc1tP placement through Qud lil:ied lnstilutional Pl,Kement (QIP), <ltrnregc1ting to Rs 10,000 00 million for 1:ert<li.n purp os1.• dS stated in the pldcemenl document . .-\II llw proceeds receivC'd h,H'e been utili sNi in c1cnudc1nc12 with the pld.t:ement document c1s on 31 December 2025. 7 During the quclrtl�r 31 December 2025, the Holding Compitnv hr1s rxL�•uied securities subscrip tion <lnd purchdse dp,reement ("SSPA .. ) r1nd slldreholders' agreemt1nl ("SH.-\ "') with llw p1omoters of Ekome lntegrctted S,·stems Privette Limited ("Ek unw") to c1cquire the entire piti1.t-uµ sh,ue capital of Ekome, As on 31 Oen•mber 2025, the Holding CompclIH' l1c1s pc1id 101,tl consid<.-'rdtl On c1mounting lo Rs. 2,350.00 million to ,H:qrnrP 60% stdke in ElcomP. As per tlw executed SSP.-\, the rem,nnmg -l0°b st.1kt� will be c1cquired l.11 d pllclsed manner . further, m clccord,1111.:c with tlw 1lloresdid dgreements, Ekonw h,1s also il.cquired the l�ntire pc1id-up shr11e cdpital ot Navkom rechnologv lnten,cltional Privdte Limiled ("Nc1vicom") . Post this cicquisition, Ntivicom ht1s become 11 \Vhollv-owned subsidiarv of Elrome H Ourinr, the l[U,\flt>r ended JL Df'Cl'tnber 2025, the f folding Com1><1nv mc1dt' di\ ctddit ionc1l investment of Rs 360.03 million in SvntM Str,tte�ic Electronics Prh,,1te Limit Pd ("'it1h!tidi11n· Cmupcmv"), further, tltis Subsidi,irv Compc1m· IMS issu1.'d 228,8 16 equitv shctrrs to SI I F.lt,ctronirs Co. Limitl'd tor c1 ronsidnation ol Rs 120 00 mi llion On an-ounl ol lhe ,,l>l")\'l' trcrnsc1rti ons, tlw Holding Comp,nw holds 73°6 equitv stc1ke in this Subsid icH\' Compctm' c1s on '.'d OC'cemlwr 2025, 9 !'he Covemnwnt of lnd ic1 l1c1s ren,nllv ronsoli ddtl 'd 29 existi nf, ldbour legislc11ions into ii united framework compri sing tour Lc1bnur CodP ,·iz Code on w,1ges :!019, Code on "tftii.•1,11 �ruril\', 2020, lndustri c1I Relc1tion Code, 2020, c1nd 0.·1.:upc1liolMl Sc1.Jt•I\', f-lc,tlth c1nd \Vorking Condition Cod(•, 2020 (collcdivel\' n•tf'rred lo ,ts lhe New Lc1bour CodPs) fhese ,1,\,Y l r1bou1 Codl'S hdve been notifit>d on 21 �ov embc•r 2025 rh e �l inistrv ot Lc1bour &. EmplO\ nwnt published drc1tl Centrdl Ru\ps c1nd F.-\Qs to pnc1ble dssessment o( the fint1ncic1l imp,Kl duP to chclllP,l'S in regul,lti ons� 1 he Group h.1s dSSl'SSt�d ,md cKcm1ntPd for the intrPtnC'nl<ll imp,ll·t ot tlwse chi1ngt�s with the best inlom1i1tion r\Vdilc1ble ,,nd �uid,1nn' provided b,· Hw Institute of Chc1r l1.11l'd. ,\ll ount<lnls of lnd i11 ('lCr\l') , 1 lw 1mr1h 1 ot llw c1ll0v<' rh,mgp ,,mounting to Rs J:1.83 million l1cts been disdosrd ,1s "Excepli onc1l items" in tlw consolidc1ted linc11H i<ll rPsulls 101 llw qu,irlcr ,ind ninP months endt>d \I nc,:i.·mlk.'r 2025. fhe Group ront i1Hn�s to monitor thl' fithllis<1tion ol Ccntr,1'/ Stale> Rules ,md darifkc1tions lrom tlw Covernmcnt on otlwr dSpl)l'IS ol thr L1hour Code's dIH.i would prov1 d,"' t1ppropri,1te ,Kcountin8 effrct c1s cmd when such clctriJicati ons drt:' issued/ rules cHe not ified. JU J'hc Bo1ud ol directors of tlw I lold inp, Compcmv in ils me1.�ting held on l Novemb rr 2023 h,1d ctpproved a sdwme of c1mr1lg ,Hnc1tion ,rnd r,rrdngcment ("Sclwnw") involving clllH1lg,1mation ol its whollv owned subsidiari1.1s S<...;S fekniks �-lc1nufdcturing Private Limited rrnd SGS lnfosvstems Privatt � Limi ted with Svrm<l SGS Terhnology Limit ed. llw Hon'blC' N<lliondl Comp,rn,· f c\w Trihunill (NCLI ), '.\( umbcti Bend, IMS tipproved lh1.� Srheme vidl' order drlt(•d 07 October 2025 with c1ppointed ddt() lwing 01 .\pril 202:\ .-\cco1dingl, ·. the Holdll1g Compclll\ hds ctl'counled tor 1Jw Schenw ,1s per 't he Pooling ol In terest '.\·Iethod ' sprciliPd ut the c1pprovt'd S1.:lwnw which 111 line with the ,.\p�wndix Co l Ind ,·\ .. l0], '� Business Combinations ot Entities under Common Control. riwrl' 1s tto imp,Kt ol this schenw 011 these i.::onsolida lt�d resul ts. 11 l'n•vious , ec1r/ pniod ti gt11l 'S h,wt.• hel'll 1ecl.1ssified to l·onlorm to till' l·urrent 1wriod cl,1ssilicdlion/ pn�sent<1lion I hese rl'l lc1ssi�ict1lions clrP not 11\cllNidl to cnnsolidc1ted financi,,l results For Sym1a [ 1 1,ll l' Ct11ll� �L"dll\ 1\l ll' 29 lcllHlrl l\ 202.6 Ill • hi:ll ,1, t,i .. ujr .11 t "l��il\J� Pih, 1,11 DI.'\ ll()J <t/182;