GARWARE MARINE INDUSTRIES LTD.

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

Garware Marine Industries Ltd. has announced its unaudited financial results for the quarter and six months ended 30th September, 2025. The company's revenue, profit before tax, and total comprehensive income have increased compared to the same period last year. The company has also issued a corporate guarantee of INR 10,000,000 for Global Offshore Services Ltd. The financial statements have been approved by the Board of Directors and the Audit Committee.

Garware Marine Industries Ltd. held a Board Meeting on 31st October, 2025, where they approved the unaudited financial results for the quarter and six months ended 30th September, 2025. The company's financial statements have been reviewed by the Audit Committee and approved by the Board of Directors. The Statutory Auditors have carried out a limited review of the above financial results. The company has issued a corporate guarantee of Rs.10,00,00,000/- on behalf of Global Offshore Services Ltd. against a Term Loan of Rs.40,00,00,000/-. Comparative financials information of the previous quarter has been regrouped and reclassified to correspond to the figures of the current quarter.

Garware Marine Industries Ltd has informed the BSE that the Board of Directors will meet on 31st October, 2025, to consider and approve the un-audited financial results for the quarter and six months ended 30th September, 2025. The meeting will be held via Video Conferencing at 12:00 noon, with the venue presumed to be at 03rd Floor, Prospect Chambers, D. N. Road, Fort, Mumbai 400001 (Hybrid), in accordance with Regulation 29 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

Garware Marine Industries Ltd. conducted its 47th Annual General Meeting (AGM) on Thursday, 25 September, 2025 through video conferencing due to guidelines issued by the Ministry of Corporate Affairs (MCA). The meeting was presided over by Mr. Aditya A. Garware, Chairman, from Singapore. The meeting was attended by various directors, the company secretary, the chief financial officer, and other consultants. The Auditor’s Report and Secretarial Audit Report did not have any qualifications, observations, comments, disclaimer or adverse remarks. The members unanimously approved the Audited Balance Sheet as at 31st March, 2025, Statement of Profit and Loss and Cash Flow Statement for the year ended on that date. Mrs. Shefali S. Bajaj was re-appointed as a Director. Mr. Rajkumar R. Tiwari was appointed as Secretarial Auditor for a period of five years.