STANDARD INDUSTRIES LTD.

Standard Industries Ltd has assigned development rights of its freehold land and building to Prabhadevi Developer Private Limited. The transfer, approved by the board on May 12, 2026, involves land at Kashinath Dhuru Marg, Mumbai. The Deed of Assignment was executed on May 14, 2026. Standard Industries will receive ₹169.51 Cr in tranches and four residential flats (25,774.61 sq. ft.) with sixteen car parking spaces in the developed building.

Standard Industries Ltd's board approved the assignment/transfer of development rights for its land in Dadar West, Mumbai, to Prabhadevi Developer Private Limited. The developer will construct a residential building on the 1937.30 sq. mtrs land. The consideration includes ₹169,51,41,225 payable in tranches and allocation of 25,774.61 sq. ft. of residential RERA carpet area, including four flats and sixteen car parking spaces, to Standard Industries.

Standard Industries Ltd has announced the reappointment of Shri Khurshed Thanawalla as a Non-Executive Independent Director for a five-year term starting May 19, 2027. The decision was made based on the recommendation of the Nomination & Remuneration Committee. The board also approved the audited financial results for the quarter and financial year ended March 31, 2026, recommended a final dividend of Re. 0.25 per share, and approved the assignment/transfer of development rights for land in Mumbai to Prabhadevi Developer Private Limited.

Standard Industries Ltd reappointed M/s Bhatia & Poojari, Chartered Accountants, as the Internal Auditor for a 1-year term to conduct the Internal Audit for the Financial Year 2026-27. The Board of Directors also approved the audited financial results for the quarter and financial year ended March 31, 2026, recommended a final dividend of ₹0.25 per share, and approved the assignment/transfer of development rights for land in Mumbai to Prabhadevi Developer Private Limited for ₹169.51 Cr plus allocation of residential area. Additionally, the board proposed the re-appointment of Shri Khurshed Thanawalla as a Non-Executive Independent Director.

The Board of Directors of Standard Industries Ltd. has recommended a final dividend of Re. 0.25 per equity share for the financial year 2025-26, subject to shareholder approval at the 129th AGM. The record date for determining shareholder entitlement is August 11, 2026. Additionally, the board approved the assignment/transfer of development rights for land in Mumbai to Prabhadevi Developer Private Limited for ₹169.51 Cr plus allocation of residential area.

Standard Industries Ltd's Board of Directors has recommended a final dividend of ₹0.25 per share for the financial year 2025-26, subject to shareholder approval at the Annual General Meeting. The record date for determining shareholder entitlement is set for August 11, 2026, with dividend payment expected on or before September 17, 2026. Additionally, the board approved the assignment of development rights for land in Mumbai to Prabhadevi Developer Private Limited for ₹169.51 Cr plus allocation of residential area.

Standard Industries Ltd's board approved audited financial results for the quarter and financial year ended March 31, 2026. They recommended a final dividend of ₹0.25 per share, subject to shareholder approval. The record date for dividend entitlement is August 11, 2026, with payment on or before September 17, 2026. Additionally, the board approved the assignment of development rights for land in Mumbai to Prabhadevi Developer Private Limited for ₹169.51 Cr plus allocation of residential area. The re-appointment of Shri Khurshed Thanawalla as a Non-Executive Independent Director was also proposed.

Standard Industries Ltd's board approved the audited financial results for FY26 and recommended a final dividend of ₹0.25 per share. The record date for the dividend is August 11, 2026, with payment on or before September 17, 2026. The board also approved the transfer of development rights for land in Dadar, Mumbai, to Prabhadevi Developer Private Limited for ₹169.51 Cr plus 25,774.61 sq. ft. of residential area. Additionally, the re-appointment of Shri Khurshed Thanawalla as a Non-Executive Independent Director was proposed.

Standard Industries Ltd has announced that a meeting of its Board of Directors is scheduled for May 12, 2026. The purpose of the meeting is to consider and approve matters related to the company.

Standard Industries Ltd has announced the closure of its trading window for all Directors, Designated Persons, and their immediate relatives. The closure will be effective from 1st April, 2026 until 48 hours after the declaration of Audited Financial Results for the fourth quarter and Financial Year ended 31st March, 2026. The date of the Board Meeting to consider and approve these results will be intimated later.