Salasar Techno Engineering Ltd. - Quarterly/Annual Result Disclosures and Notes dated 31 Dec 2024

1. The above unaudited standalone financial results have been reviewed by the Audit Committee and approved by the Board of Directors at their meetings held on 14-February-2025. The statutory auditors of the Company have conducted limited review of these financial results, pursuant to Regulation 33 of SEBI (Listing Obligations and Disclosure Requirements), Regulations 2015.

2. These unaudited standalone financial results are prepared in accordance with the Indian Accounting Standards (IND AS) as prescribed under Section 133 of the Companies Act read with rule 3 of the Companies (Indian Accounting Standards) Rules, 2015 and Companies (Indian Accounting Standards) Amendment Rules , 2016.

3. The Company is engaged in the business of two segments i.e. 1) Manufacturing of Galvanized and Non-galvanized Steel Structures i.e. Steel Structure and 2) Engineering, Procurement and Construction (EPC).

4. The company participated in the e-auction conducted by the Liquidator (appointed by the Hon'ble NCLT, Kolkata) on 14.03.2024 for the acquisition of M/s EMC 110 (under liquidation) as a going concern and was declared the successful bidder. The Hon'ble NCLT approved the sale vide its order dated 22.10.2024 and subsequently passed an order for closure of the liquidation process on 08.01.2025. As the issuance of equity capital in the name of M/s Salasar Techno Engineering Ltd and the formation of the Board of M/s EMC Ltd are yet to be completed hence the effect of the acquisition has not been taken in this quarter.

5. Figures for the previous periods / year have been regrouped, wherever necessary, to confirm to the current period's classification.

6. The unaudited standalone financial results for the quarter and nine months ended 31 December, 2024 are available on the website of the Company (www.salasartechno.com) and on Stock Exchanges website (www.bseindia.com and www.nseindia.com).