FOUNDRY FUEL PRODUCTS LTD.

Foundry Fuel Products Ltd has announced the closure of its trading window for all directors, promoters, KMPs, designated persons, employees, and their immediate relatives. This restriction will be in effect from July 1, 2026, until 48 hours after the declaration of the financial results for the quarter and financial year ending June 30, 2026. The company is complying with BSE circulars and its internal code of conduct for preventing insider trading. The specific date for the Board of Directors meeting to approve these financial results will be communicated separately.

Foundry Fuel Products Limited's Board of Directors met on May 28, 2026, and approved the Standalone Audited Financial Results for the quarter and year ended March 31, 2026. The accompanying auditor's report highlights a material uncertainty regarding the company's ability to continue as a going concern due to a lack of business operations, incurred losses, negative net worth, and current liabilities exceeding current assets. Despite these challenges, the management has prepared the accounts on a going concern basis, supported by a commitment from the holding company to infuse funds as required. The auditor's opinion is not modified in respect of this going concern matter.

The Board of Directors of Foundry Fuel Products Limited approved the Standalone Audited Financial Results for the quarter and year ended March 31, 2026, in a meeting held on May 28, 2026. The auditor's report, issued by Bohra & Co., highlighted a "Material Uncertainty Related to Going Concern." This uncertainty stems from the company's lack of business operations, incurred losses, negative net worth, and current liabilities exceeding current assets. However, the holding company has committed to infusing funds as needed, leading management to prepare accounts on a going concern basis. The auditor's opinion was not modified regarding this matter, noting it has been a recurring observation in previous reports.

Foundry Fuel Products Ltd has scheduled a Board of Directors meeting on May 28, 2026, to approve the audited financial results for the quarter and half-year ended March 31, 2026. The trading window, which closed on April 1, 2026, will remain closed until 48 hours after the announcement of the results. This is in compliance with SEBI (LODR) Regulations, 2015.

According to a disclosure made under Regulation 29(2) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011, Madhu Agarwalla, a promoter of Foundry Fuel Products Ltd, has transferred 56,992 shares to Mr. Devendra Kumar Agarwalla through a gift on 30th March, 2026. The total equity share capital and total voting capital of the company remains unchanged at 8,018,750 shares each, before and after the transfer. The transfer does not affect the company's diluted share or voting capital, which also remains constant at 8,018,750.

In accordance with the SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011, Shrutika Agarwalla, a promoter of Foundry Fuel Products Ltd., has disclosed the gifting of 1,47,550 shares to Mr. Devendra Kumar Agarwalla on 30th March 2026. This disclosure was made under Regulation 29(2) of the aforementioned regulations. The total diluted share/voting capital of the company remains unchanged at 8,018,750 post the transfer.

Foundry Fuel Products Ltd has announced the closure of the trading window for all Directors, Promoters, KMPs, other Designated Persons/employees and their immediate relatives. The closure will be in effect from 1st April, 2026 till 48 hours after the declaration of Financial results to the Stock Exchanges for the quarter and financial year ending on 31st March, 2026. The date of the Board of Directors' meeting to approve the Financial Results of the Company for the same period will be informed in due course.

According to a disclosure under Regulation 29(2) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011, Devendra Kumar Agarwalla, Shrutika Agarwalla, and Madhu Agarwalla have acquired shares in Foundry Fuel Products Ltd through a gift on March 30, 2026. Devendra Kumar Agarwalla received 2,04,542 shares from Shrutika Agarwalla (1,47,550 shares) and Madhu Agarwalla (56,992 shares). This acquisition increases Devendra Kumar Agarwalla's shareholding to 14.72% of the total share capital and voting rights.

In a recent meeting held on 12th February, 2026, the Board of Directors of Foundry Fuel Products Ltd approved and took on record the un-audited financial results of the company for the quarter and nine months ended 31st December, 2025. The board also accepted the resignation of Mrs. Sudha Ramesh from her position as Non-Executive Independent Woman Director due to personal reasons. Mrs. Sneha Sharma has been appointed as an Additional Director in the category of Non-Executive Independent Woman Director for a first term of 5 years, subject to approval of the members in the ensuing General Meeting.

In a recent meeting held on 12th February, 2026, the Board of Directors of Foundry Fuel Products Ltd approved and took on record the un-audited financial results of the company for the quarter and nine months ended 31st December, 2025. The meeting also saw the resignation of Mrs. Sudha Ramesh from her position as Non-Executive Independent Woman Director due to personal reasons. The Board expressed gratitude for her contributions. Furthermore, Mrs. Sneha Sharma was appointed as an Additional Director in the category of Non-Executive Independent Woman Director for a first term of 5 years, subject to approval of the members in the ensuing General Meeting.