HLEGLAS

- Thaletec GmbH transferred its 100% shareholding in HLE Surface Technologies GmbH to HLE International S.à.r.l. effective October 5, 2026. - Both entities involved are wholly owned subsidiaries of HLE Glascoat Limited. - The restructuring was undertaken to rationalize and simplify the overall group structure.

- Appointment of Mr. Amit Kalra as Chief Financial Officer (CFO) and Key Managerial Personnel (KMP) of HLE Glascoat Limited, effective September 25, 2026. - Mr. Amit Kalra brings over 22 years of experience in corporate transformation, cross-border business integration, and P&L management.

- Appointment of Mr. Amit Kalra as Chief Financial Officer (CFO) and Key Managerial Personnel of HLE Glascoat Limited with effect from September 25, 2026. - Mr. Amit Kalra brings around 22 years of extensive experience in corporate transformation, cross-border business integration, and P&L management across India and Europe.

- Aalap Nilesh Patel, a promoter group member, acquired 69,45,474 equity shares (10.00% of share capital) of HLE Glascoat Limited from Nilesh Khushalbhai Patel (seller and immediate relative) via an inter-se transfer by gift on September 10, 2026. - The acquirer's shareholding increased from 1.36% to 11.36%, and the seller's decreased from 24.77% to 14.77%. - The total promoter and promoter group shareholding remains unchanged at 65.65%.

- Order Win: HLE Surface Technologies GmbH, a step-down subsidiary of HLE Glascoat Limited, won an order from FLC Portals Group I/S, Denmark - Order Value: Approx Euro 20.56 million - Completion Timeline: On or before April 2030

- The 35th Annual General Meeting (AGM) will be held on Wednesday, September 30, 2026, at 11:00 a.m. (IST) via Video Conferencing (VC) / Other Audio Visual Means (OAVM). - The company has declared a dividend of ₹1.10 per share for FY 2025-26, subject to shareholder approval at the ensuing AGM. - The Record Date for determining dividend entitlement is Wednesday, September 23, 2026. - The Register of Members and Share Transfer Books will be closed from Thursday, September 24, 2026, to Wednesday, September 30, 2026 (both days inclusive). - Remote e-voting will commence from Sunday, September 27, 2026, and conclude on Tuesday, September 29, 2026.

- HLE Glascoat Limited made a further investment of €100,000 (Euro One Hundred Thousand) towards the share capital of its Wholly Owned Subsidiary, HLE International S.à.r.l. in Luxembourg, on August 17, 2026.

- Q1 FY27 Consolidated Revenue ₹300.8Cr vs ₹283.9Cr (▲5.9% YoY) - EBITDA ₹22.6Cr vs ₹39.8Cr (▼43.2% YoY) - PAT ₹2.1Cr vs ₹17.9Cr (▼88.3% YoY) - EBITDA Margin 7.5% vs 14.0% (▼650bps)

- Q1 FY27 Consolidated Revenue ₹30,075.09 Lakhs vs ₹28,394.68 Lakhs (▲5.92% YoY) - EBITDA ₹2,092.95 Lakhs vs ₹3,760.08 Lakhs (▼44.38% YoY) - PAT ₹205.38 Lakhs vs ₹1,786.50 Lakhs (▼88.48% YoY) - EBITDA Margin 6.96% vs 13.24% (▼628 bps)

- ICRA reaffirmed credit ratings for HLE Glascoat Limited's fund-based and non-fund-based facilities on July 17, 2026. - Long-term ratings are reaffirmed at [ICRA]A (Stable) and short-term ratings at [ICRA]A2+. - This is supported by strong market position, strategic acquisitions, ~32% YoY revenue growth in FY2026 to ₹1,353 crore, and a healthy order book of ₹682 crore.

- Consolidated Operating Revenue FY2026 ₹1,353.0Cr vs FY2025 ₹1,027.6Cr (▲31.66% YoY) - Consolidated EBITDA FY2026 ₹139.36Cr vs FY2025 ₹133.59Cr (▲4.32% YoY) - Consolidated PAT FY2026 ₹56.6Cr vs FY2025 ₹61.8Cr (▼8.41% YoY) - EBITDA Margin FY2026 10.3% vs FY2025 13.0% (▼270bps) - ICRA has reaffirmed the Long-Term Ratings as [ICRA]A (Stable) and Short-Term Ratings as [ICRA]A2+. - Outlook: Profitability is expected to improve gradually, supported by healthy order book and recovery in demand.

- Mr. Naveen Kandpal has resigned from his position as Chief Financial Officer (CFO) of HLE Glascoat Limited due to personal reasons. - His resignation is effective from July 3, 2026, after the close of business hours.

- Trading window for dealing in company shares will remain closed from July 1, 2026. - It will reopen 48 hours after the announcement of Unaudited Financial Results for the quarter ended June 30, 2026.

- HLE Glascoat Limited appointed Mr. Darshak Chandarana as Vice President-Operations for its Maroli Unit, effective June 25, 2026. - Mr. Chandarana brings over 23 years of experience in operations management, focusing on streamlining processes and enhancing efficiency.