GARWARE MARINE INDUSTRIES LTD.

Garware Marine Industries Ltd announced the revised outcome of its Board Meeting held on May 12, 2026. The board approved the audited financial statements for the quarter and year ended March 31, 2026, along with the statement of assets and liabilities and cash flow statement. A revised management reply on auditors' qualifications was also approved. The company re-appointed Messrs. Kirtane & Pandit LLP as Internal Auditors for FY 2026-27. The Secretarial Audit Report for FY 2025-26 was taken on record. The company also disclosed issuing a corporate guarantee of ₹10 crore for Garware Offshore Services Ltd. The impact of new labor codes, effective from November 21, 2025, will be accounted for from FY 2026-27.

Garware Marine Industries Ltd has announced the closure of its trading window for dealing in securities. The window will be shut from July 1, 2026, in compliance with SEBI (Prohibition of Insider Trading) Regulations, 2015, and the company's internal code of conduct. This closure is in anticipation of the board meeting to approve the un-audited financial results for the quarter ended June 30, 2026. The trading window will reopen 48 hours after the conclusion of the board meeting, the date of which will be communicated separately.

Garware Marine Industries Ltd announced that its Board of Directors has approved the shifting of its registered office. The new office will be located at A/304, Naman Midtown, Senapati Bapat Marg, Prabhadevi (West), Mumbai — 400 013. This move is within the local limits of the city of Mumbai and is effective from June 23rd, 2026. The company has already informed the stock exchange about this decision.

Garware Marine Industries Ltd announced the approval of its board to shift the company's registered office. The new address will be A/304, Naman Midtown, Senapati Bapat Marg, Prabhadevi (West), Mumbai — 400 013, effective June 23, 2026. This move is within the city of Mumbai, relocating from its previous address at 3rd Floor, Prospect Chambers, D. N. Road, Fort, Mumbai — 400 001. The board meeting, held via video conference on June 22, 2026, commenced at 02:15 pm and concluded at 02:30 pm.

Garware Marine Industries Ltd approved the audited financial statements for the quarter and year ended March 31, 2026. The company's revenue from operations for the year ended March 31, 2026, stood at ₹108.36 lakhs. The board also re-appointed Messrs. Kirtane & Pandit LLP as Internal Auditors for FY 2026-27 and took on record the Secretarial Audit Report for FY 2025-26.

Garware Marine Industries Ltd has announced a Board of Directors meeting scheduled for May 12, 2026, to consider and approve the audited financial results for the quarter and year ended March 31, 2026. The meeting will be held via video conferencing.

Garware Marine Industries Ltd. has received a notice from the Deputy Superintendent of Police, Economic Offences Wing-Il, Chennai, alleging failure to repay equipment lease rentals amounting to Rs. 3,54,83,661.50 under an Equipment Lease Agreement. The Company has been directed to appear before the authority for explanation within 15 days from receipt of the notice. There is an ongoing litigation involving Integrated Finance Company Limited (IFCL) and the Company for recovery of machinery lease rent. The Company had placed a deposit of Rs. 30 Lakhs in the Hon. High Court of Madras and filed a suit against IFCL for the recovery of Rs. 1.93/- cr. together with interest @ 18%. Both suits are pending hearing before the Hon. High Court of Madras. The management is evaluating the matter and seeking legal advice to respond appropriately.

Garware Marine Industries Ltd has announced the closure of its trading window for the quarter ending 31st March, 2026. The closure is in accordance with the SEBI (Prohibition of Insider Trading) Regulations, 2015, and the company's Code of Conduct. The trading window will remain closed from 1st April, 2026, and will be reopened after 48 hours of the conclusion of the Board meeting where the audited financial results for the quarter and year ended 31st March, 2026 will be approved. The date of the Board meeting is yet to be intimated.

Garware Marine Industries Ltd has issued a clarification regarding the recent fluctuation in their share price on the stock exchange (BSE Ltd.). The company is not aware of any specific reason for the movement in the share price, suggesting it to be market-driven. There is no information, event, or development within the company that could have contributed to such movement. The company assures its commitment to complying with all regulatory requirements.

Garware Marine Industries Ltd has announced that its Board of Directors will meet on February 3, 2026, to consider and approve the unaudited financial results for the quarter and nine months ended 31st December, 2026. The meeting will be held via Video Conferencing at 03