STOVEC INDUSTRIES LTD.

Stovec Industries Ltd has announced the closure of its trading window for specified persons, effective October 1, 2026. This closure will remain in effect until 48 hours after the declaration of the company's unaudited financial results for the quarter and period ending September 30, 2026. All connected persons are advised against trading in the company's securities during this period, in accordance with the company's insider trading code of conduct and fair disclosure policies.

Stovec Industries Ltd. announced the appointment of Mr. Theodorus Dominicus Bartholomeus Maria Kortekaas as an Additional Director in the category of Non-Executive Non-Independent Director. The appointment was approved by the Board of Directors on September 25, 2026, and is subject to shareholder approval within three months. Mr. Kortekaas brings extensive experience in finance and management, having held senior roles at SPGPrints B.V. and Oce N.V. He has no inter-se relationship with existing directors.

Stovec Industries Ltd. announced the appointment of Mr. Theodorus Dominicus Bartholomeus Maria Kortekaas as an Additional Director in the category of Non-Executive Non-Independent Director. The appointment, effective September 25, 2026, is subject to shareholder approval. Mr. Kortekaas, who is also the CFO of SPGPrints B.V., brings extensive finance and management experience from his tenure at SPGPrints Group and previously at Ernst & Young and Oce N.V. He has no inter-se relationship with existing directors.

Stovec Industries Limited has filed a revised disclosure regarding encumbrance on shares under SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011. The disclosure pertains to a Shareholders' and Subscription Agreement (SHA) dated February 26, 2025, involving Print Holdings B.V., Print I B.V., and Magenta Holding B.V. The SHA creates certain rights and restrictions on shares of Print I B.V., the holding company of the promoter SPG Prints B.V. These arrangements, including share transfer restrictions and potential control options for Magenta Holding, are considered an encumbrance under the Takeover Regulations. The company clarifies that the SHA does not create direct rights or encumbrances over Stovec Industries' equity shares.

Stovec Industries Ltd has announced the resignation of Mr. Garrett Forde, a Non-Executive Director, effective from August 24, 2026. The resignation is stated to be in furtherance to his cessation as Chief Executive Officer of SPGPrints B.V., the holding company. The company has enclosed the resignation letter, which provides the reason for the change. This management change is being reported in compliance with SEBI (LODR) Regulations, 2015.

Stovec Industries Ltd. announced its unaudited financial results for the quarter and half-yearly period ended June 30, 2026. The Board of Directors also approved the appointment of Mr. Marcos Marti Erfurt as an Additional Director (Non-Executive Non-Independent Director), subject to shareholder approval. The company's results were reviewed by Price Waterhouse Chartered Accountants LLP. The trading window is set to reopen on August 15, 2026.

Stovec Industries Ltd. announced the appointment of Mr. Marcos Marti Erfurt (DIN: 11816181) as an Additional Director in the category of Non-Executive Non-Independent Director. This appointment, approved by the Board of Directors on August 12, 2026, is subject to shareholder approval. Mr. Erfurt, who is the CEO and Member of the Executive Board of SPGPrints B.V. (the parent company), brings extensive experience in business administration, economics, and leading industrial companies. The company also approved its unaudited financial results for the quarter and half-yearly ended June 30, 2026. The trading window will reopen on August 15, 2026.

Stovec Industries' standalone revenue for the quarter ended June 30, 2026 (Q1 FY27) was ₹52.77 Cr, down 7.0% YoY from ₹56.75 Cr, though up 13.0% QoQ from ₹46.69 Cr. Standalone PAT of ₹2.45 Cr fell 17.1% YoY from ₹2.96 Cr (up 47.4% QoQ from ₹1.66 Cr) — but the YoY PAT decline overstates operational weakness: other income dropped to ₹0.66 Cr from ₹1.75 Cr a year ago, largely because the year-ago quarter carried an unrealised forex gain (cash-flow shows a ~₹1.75 Cr FX gain embedded in H1 FY26 versus a ~₹0.10 Cr FX loss in H1 FY27). Stripping out other income, core PBT actually rose ~19.8% YoY (₹2.60 Cr vs ₹2.17 Cr, adjusted PAT ~+19% YoY), and operating margin (EBITDA/revenue) expanded to 7.41% from 6.42% YoY and from 5.71% in the prior quarter — cost of materials rose a modest 2.9% YoY and employee costs 5.8% YoY, both slower than the margin gain, pointing to genuine operating leverage rather than a one-off cost benefit. Both reporting segments were soft on revenue: Textile Machinery & Consumables (the larger segment) fell 7.0% YoY to ₹50.33 Cr, and Graphics Consumables fell 7.5% YoY to ₹2.43 Cr — the topline decline is broad-based, not segment-specific. There is no formal management guidance or analyst/street consensus on record for this small-cap name (total assets ₹179.7 Cr), and no separate press release accompanied the filing — only the board outcome letter and the financial statement, so management's own framing of the quarter is unavailable. Alongside the results, the board appointed Marcos Marti Erfurt, CEO of parent SPGPrints B.V., as an Additional Non-Executive Director, and the promoter group (Print I B.V.) separately disclosed a shareholder agreement and share encumbrance on August 10 — both governance items are unrelated to the quarter's operating numbers and carry no disclosed financial terms.

Stovec Industries Limited received an intimation regarding a Shareholders' and Subscription Agreement (SHA) entered into by its promoter group entities, Print I B.V. and Print Holdings B.V., with Magenta Holding B.V., SPG MIP Invest B.V, and Stichting Administratiekantoor SPG-MIP. This agreement is part of corporate and debt restructuring within Print I, the holding company of SPG Prints B.V. (Stovec's promoter). While Stovec Industries is not a direct party to the SHA, it contains terms binding on the company as a subsidiary of Print I. The SHA governs the relationship between shareholders of Print I and is linked to restructuring arrangements and a senior facilities agreement with lenders.

Stovec Industries Ltd has received disclosures from its promoter, Print I B.V., regarding the encumbrance of shares under SEBI (SAST) Regulations, 2011. This disclosure pertains to a Shareholders' and Subscription Agreement (SHA) dated February 26, 2025, entered into by Print I B.V. with its lenders via Magenta Holding B.V. The SHA involves certain rights granted to Magenta Holding B.V. over shares of Print I B.V., which is the holding company of SPG Prints B.V., the direct promoter of Stovec Industries. These arrangements, including share transfer restrictions and potential control by Magenta Holding, are considered an encumbrance under the Takeover Regulations. The disclosure clarifies that no direct encumbrance is created over Stovec Industries' equity shares.