Nilkanth Engineering Ltd. - Quarterly/Annual Result Disclosures and Notes dated 31 Mar 2026

1. These Standalone Financial Results for the Quarter / year ended 31st March, 2026 have been reviewed by the Audit Committee and subsequently approved at the meeting of the Board of Directors held on 23rd May, 2026.
2. This Statement has been prepared in accordance with Companies (India Accounting Standards) Rules, 2015 (Ind AS) prescribed under section 133 of the Companies Act, 2013 and other recognized accounting practices and policies to the extend applicable.
3. The Company operates mainly in the business segments of Fund based leasing and financing activity. All other activities revolve around the main business. Further all activities are carried out within India. As such there are no separate reportable segment as per the provisions of Ind AS 108 on 'Operating Segment'
4. The Goverment of India has consolidated 29 existing Labour Legislation into a Unified Frame Work comprising four Labour codes viz the Code on Wages, 2019, the Code on Social Security, 2020, the Industrial Relations Code 2020 and the Occupational Safely, Health and Working Conditions Code 2020 (Collectively referred to as the "Codes"). The Codes have been made effective from November 21, 2025. The Ministry of Labour & Employment published draft Central Rules and FAQs to enable assessment for the financial impact due to changes in regulations.

The incremental impact of these changes as assessed by the Company, on the basis of the information available, consistent with the guidance provided by the Institute of Chartered Accountants of India, is not material and has been recognized in the Standalone financial results of the Company for the quarter and year ended March 31, 2026. The Company continues to monitor the developments pertaining to Labour Codes and will evaluate impact, if any, on the measurement of liability pertaing to employee benefits.
5. The figures for the quarter ended March 31, 2026 and March 31, 2025 are the balancing figures between audited figures in respect of full financial year and the unaudited published year to date figures upto nine months ended December 31, 2025 and December 31, 2024 which were subject to limited review.
6. Figures of the corresponding previous period have been regrouped wherever necessary.