ELGI EQUIPMENTS LTD.

Elgi Equipments Ltd has announced the closure of its trading window for designated persons and their immediate relatives. The closure is effective from Thursday, October 1, 2026, and will remain in effect until 48 hours after the declaration of the company's financial results for the quarter and half-year ending September 30, 2026. This action is in compliance with the SEBI (Prohibition of Insider Trading) Regulations, 2015, and the company's Code of Conduct. The date for the Board of Directors meeting to approve these financial results will be communicated subsequently.

Elgi Compressors USA Inc., a wholly owned subsidiary of Elgi Equipments Ltd, has divested its entire stake in Gentex Air Solutions LLC to its existing joint venture partner. This divestment was undertaken to release exclusivity in certain counties of Texas, USA. The contribution of Gentex Air Solutions to Elgi's consolidated financials was minimal, with a share of profit of USD 7,735 (0.02% of PAT) and a share of net worth of USD 1,38,972 (0.06% of Equity) as of March 31, 2026. The transaction was completed on September 4, 2026, and is not considered a related party transaction.

Elgi Equipments Ltd has announced the appointment of Mr. Vikas Thiruvalluru as Senior Management Personnel, effective September 1, 2026. Mr. Thiruvalluru will hold the position of President and Head - GPMO. This appointment was approved by the Board of Directors via a Circular Resolution, based on the recommendation of the Nomination and Remuneration Committee. Mr. Thiruvalluru brings over two decades of experience in P&L management, global operations, strategy, and market expansion, with a background including COO at Jayem Automotives and roles at Oracle, Monitor Deloitte, and Rexnord. His expertise is expected to drive sustainable growth and strengthen market competitiveness for Elgi Equipments.

Elgi Equipments Ltd announced that its wholly owned subsidiary, Elgi Compressors USA INC, has received a tariff refund of US$1.55 million (approximately ₹14.82 crores) from U.S. Customs and Border Protection. This refund is a result of the US Supreme Court's directives to refund excess tariffs collected from importers. The company has also updated its website with this information.

Elgi Equipments Limited has announced its acquisition of an 18.01% stake in Constronics Energy Solution Private Limited (SPV) for ₹1,61,70,000. This strategic move is aimed at complying with minimum shareholding requirements under the Electricity Act, 2003, and securing renewable energy for the company's consumption over 25 years. The acquisition is expected to be completed by August 20, 2026, and will provide long-term tariff visibility and optimize power costs. Constronics Energy Solution Private Limited operates in the solar power industry and was incorporated on December 03, 2024, with no prior turnover.

Elgi Equipments Ltd has launched VAYU, a new brand of compressed air solutions designed for Indian manufacturers, particularly MSMEs. The VAYU portfolio includes 5-45 kW compressors with fixed- and variable-speed options, catering to diverse manufacturing needs. This launch aims to support India's growing manufacturing sector, which contributes significantly to the country's GDP and exports. VAYU compressors are built in India, focusing on dependable performance, operational simplicity, and efficient ownership, backed by comprehensive warranty and nationwide service support. The brand signifies Elgi's commitment to evolving with Indian entrepreneurs and strengthening its presence in the domestic market.

Elgi Equipments Ltd reported a strong first quarter for FY27, with consolidated sales reaching ₹1,062 Crores, a 23% increase from ₹867 Crores in the corresponding quarter of FY26. Standalone sales also saw significant growth, rising 28% to ₹645 Crores from ₹503 Crores. Consolidated Profit After Tax (PAT) before exceptional items grew by 29% to ₹111 Crores from ₹86 Crores. Standalone PAT increased to ₹90 Crores from ₹82 Crores. The company attributed this double-digit growth to resilient performance in India and American markets, despite subdued performance in Europe and Australia due to economic headwinds. The automotive business also posted double-digit growth. Elgi maintains a positive outlook for the second quarter, expecting to achieve budgeted performance despite geopolitical tensions and rising costs.

Elgi Equipments Ltd announced that its Board of Directors, in a meeting held on August 13, 2026, approved the Unaudited Financial Results (standalone and consolidated) for the quarter ended June 30, 2026. The company has also submitted the Limited Review Report from its statutory auditors, Price Waterhouse Chartered Accountants LLP. These results will be published in newspapers and uploaded to the company's website. The board meeting commenced at 2:00 PM and concluded at 4:05 PM.

Elgi Equipments Ltd announced its Unaudited Financial Results (standalone and consolidated) for the quarter ended June 30, 2026. The Board of Directors approved these results in a meeting held on August 13, 2026. The company also released the Limited Review Report from its statutory auditors, Price Waterhouse Chartered Accountants LLP. These results will be published in newspapers and uploaded to the company's website.

Elgi Equipments Ltd has announced a revised timeline for its Global Support Center (GSC) capacity expansion project at Kinathukadavu, Coimbatore. Originally slated for Q1 FY 2026-27, the expansion is now expected in Q3 of FY 2026-27. This delay is attributed to additional time needed for commissioning, testing, and stabilization of automation equipment. The company assures that this revision will not impact its revenue. The update is in compliance with SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.