SUBROS LTD.

Subros Ltd has issued a letter to its shareholders providing the web-link to access the Annual Report and the Notice of the 41st Annual General Meeting (AGM) for the financial year 2025-26. The AGM is scheduled for September 18, 2026, via Video Conferencing. This communication is in compliance with SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. Shareholders can access the Annual Report and AGM Notice online, with options to request physical copies. Instructions for updating KYC details for both physical and dematerialized shareholders are also provided.

Subros Ltd has submitted its Business Responsibility and Sustainability Report (BRSR) for the Financial Year 2025-26, as required by SEBI regulations. The report, which forms part of the Annual Report, details the company's corporate identity, operational scope, and sustainability initiatives. Subros, a manufacturer of air conditioning systems and thermal products, operates on a standalone basis and serves major original equipment manufacturers. The company has 25 operational locations nationally and serves various markets. Key disclosures include its holding in DENSO Subros Thermal Engineering Centre India Private Limited and AMPIN C&I POWER FIVE PRIVATE LIMITED, and confirmation of CSR applicability under Section 135 of the Companies Act, 2013. The report also outlines grievance redressal mechanisms for various stakeholders.

Subros Ltd has announced its 41st Annual General Meeting (AGM) to be held on Friday, September 18, 2026, at 11:30 a.m. via Video Conferencing/Other Audio Visual Means. The company has also released its Annual Report for the financial year 2025-26, in compliance with SEBI Listing Regulations. The report includes the Chairperson and Managing Director's message, company updates, management discussion and analysis, directors' report, corporate governance report, and business responsibility and sustainability report. Financial statements, both standalone and consolidated, are also part of the annual report. The AGM notice and annual report are available on the company's website.

Subros Ltd has filed its Annual Report for the Financial Year 2025-26, in compliance with SEBI Listing Regulations. The company has also announced that its 41st Annual General Meeting (AGM) will be held on Friday, September 18, 2026, at 11:30 a.m. The AGM will be conducted through Video Conferencing and Other Audio Visual Means. The Annual Report and the Notice of AGM have been sent to shareholders electronically and are also available on the company's website. The report outlines the company's vision, core values, and provides updates on corporate information, management messages, financial statements, and business responsibility reports.

Subros Ltd's Board of Directors, in a meeting held on August 7, 2026, approved the unaudited financial results for the quarter ended June 30, 2026, along with the limited review report. The board also accepted the resignation of Nominee Director Mr. Tomoaki Yoshimori, effective August 7, 2026, due to a change in nomination by DENSO Corporation, Japan. Subsequently, Mr. Akihiro Deguchi was approved as the new Nominee Director, subject to shareholder approval. Additionally, the company executed a Technical Assistance Agreement with DENSO Corporation and Toyota Industries Corporation for the localization of Electric Compressors at its Gujarat facility, a move aimed at promoting local products in the electric mobility sector.

Subros Ltd announced a change in its Nominee Director. Mr. Tomoaki Yoshimori resigned from his position as Nominee Director, effective August 7, 2026, following a change in nomination by M/s DENSO Corporation, Japan. Concurrently, the Board of Directors, based on the Nomination and Remuneration Committee's recommendation and subject to shareholder approval, approved the appointment of Mr. Akihiro Deguchi as the new Nominee Director representing M/s DENSO Corporation, Japan, also effective August 7, 2026. Mr. Deguchi brings extensive experience in heat exchangers for air-conditioning systems, having held various leadership roles at DENSO Corporation and its subsidiaries globally, including his recent role as Deputy Managing Director at DENSO Kirloskar Industries Private Limited, India.

Subros Ltd announced that its Board of Directors, in a meeting held on August 7, 2026, approved the unaudited financial results for the quarter ended June 30, 2026. The results are available in both standalone and consolidated formats, accompanied by a limited review report. Additionally, the board approved the appointment of Mr. Akihiro Deguchi as a Nominee Director representing M/s DENSO Corporation, Japan, effective August 7, 2026, following the resignation of Mr. Tomoaki Yoshimori. The company also executed a Technical Assistance Agreement with DENSO Corporation and Toyota Industries Corporation for the localization of Electric Compressors at its Gujarat facility, a move aimed at promoting local products in the electric mobility sector.

Subros' consolidated Q1 FY27 (quarter ended June 30, 2026) revenue rose 17.5% YoY to ₹1,032.11 Cr (from ₹878.25 Cr) but slipped 1.7% sequentially from ₹1,049.76 Cr in Q4 FY26. Consolidated PAT of ₹41.52 Cr grew just 1.7% YoY (₹40.83 Cr) and fell 15.8% QoQ (₹49.33 Cr), with basic EPS at ₹6.36 versus ₹6.26 a year ago and ₹7.56 last quarter. Standalone and consolidated figures track almost exactly (PAT ₹41.38 Cr, EPS ₹6.34 standalone), since the JV contributes only ₹0.14 Cr to consolidated profit. The gap between double-digit revenue growth and near-flat profit sits on the raw-material line: cost of materials consumed rose to 75.6% of revenue this quarter, up from 74.8% a year ago and 72.7% last quarter. That pushed EBITDA margin down to 7.83% from 9.34% YoY and 8.80% QoQ, and net margin to 4.00% from 4.62% YoY and 4.66% QoQ. Neither the current nor year-ago quarter carries an exceptional item, so this is a like-for-like margin compression, not a one-off distortion. Consensus estimates going into the print (TradingView/Univest-aggregated) had pegged revenue near ₹1,131 Cr and EPS near ₹6.80; the actual ₹1,032 Cr and ₹6.36 both came in below those marks — a street miss on both lines. Management issues no formal guidance in this filing and none is on record from prior calls, so there is no company-stated bar to judge against. Separately, the Board used this meeting to approve a Technical Assistance Agreement with DENSO Corporation and Toyota Industries Corporation to localize electric-compressor manufacturing for EVs/hybrids at the Karsanpura, Gujarat plant — a capability build management frames as contributing to future revenue, with no P&L impact this quarter. The quarter sets up a margin watch into Q2 FY27: whether the materials-cost ratio eases back toward the 73-75% band seen over the trailing year will decide if the 17.5% YoY topline growth starts converting into proportionate profit growth, or if cost/mix pressure persists.

Subros Ltd has announced that its Board of Directors will convene on August 7, 2026. The primary agenda item for this meeting is to consider and approve the unaudited financial results for the first quarter ended June 30, 2026. This announcement is made in compliance with SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, ensuring timely information dissemination to stakeholders.

Subros Ltd has announced the closure of its trading window for designated persons and their immediate relatives. This closure is in accordance with SEBI (Prohibition of Insider Trading) Regulations, 2015, and is effective from July 1, 2026. The window will remain shut until 48 hours after the declaration of the company's unaudited financial results for the quarter ending June 30, 2026. This measure is standard practice to prevent potential insider trading ahead of financial disclosures.