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 &lt;br /&gt; 
JUNE 30, 2026 &lt;br /&gt; 
 &lt;br /&gt; 
NOTES: &lt;br /&gt; 
1. The above financial results, which have been subjected to limited review by the Auditors of the &lt;br /&gt; 
Company, were reviewed by the Audit and Compliance Committee of Directors and subsequently &lt;br /&gt; 
approved and taken on record by the Board of Directors of the Company in its meeting held on &lt;br /&gt; 
August 03, 2026, as required under Regulation 33 of the SEBI (Listing Obligations and Disclosure &lt;br /&gt; 
Requirements) Regulations, 2015. &lt;br /&gt; 
2. The above financial results are in accordance with the Indian Accounting Standards (Ind AS) as &lt;br /&gt; 
prescribed under Section 133 of the Companies Act, 2013 read with Rule 3 of the Companies &lt;br /&gt; 
(Indian Accounting Standards) Rules, 2015 and the Companies (Indian Accounting Standards) &lt;br /&gt; 
Amendment Rules, 2016. &lt;br /&gt; 
3. Given the nature of real estate business, the profit / losses do not necessarily accrue evenly over &lt;br /&gt; 
the period and as such, the results of a quarter / year may not be representative of the profits / &lt;br /&gt; 
losses for the period. &lt;br /&gt; 
4. The figures for the quarter ended March 31, 2026 are the balancing figures between the audited &lt;br /&gt; 
figures in respect of the full financial year and the figures published year to date up to the third &lt;br /&gt; 
quarter of the respective financial year. &lt;br /&gt; 
5. As the Group’s business activity falls within a single primary business segment viz. “Real Estate &lt;br /&gt; 
Development”, the disclosure requirements as per IND AS – 108 ‘Operating Segments’ are not &lt;br /&gt; 
applicable. &lt;br /&gt; 
6. Costs of the projects are based on the management’s estimate of the cost to be incurred upto the &lt;br /&gt; 
completion of the project, which is reviewed periodically. &lt;br /&gt; 
7. The ‘Incomplete Projects’ of the Company included in inventories are under various stages of &lt;br /&gt; 
development and are expected to have a net realizable value greater than their cost. &lt;br /&gt; 
8. Key Information on Unaudited Quarterly Standalone Financial Results: &lt;br /&gt; 
                                                                                                                                                (Rs. in lakhs) &lt;br /&gt; 
Sr. No.       Particulars                                   Quarter ended                                                      Year ended &lt;br /&gt; 
                                                    30.06.2026    31.03.2026     30.06.2025    31.03.2026 &lt;br /&gt; 
   1.     Total Income*                      6,046             10,172            17,687           51,017 &lt;br /&gt; 
   2.     Profit / (Loss) before Tax      2,349               2,193              5,746           12,935 &lt;br /&gt; 
   3.     Profit / (Loss) after Tax         1,771               1,638              6,731           10,922 &lt;br /&gt; 
   4.     Total Comprehensive &lt;br /&gt; 
           Income / (Loss)                    1,771               1,618              6,731            10,900 &lt;br /&gt; 
 &lt;br /&gt; 
* - includes Income from operations and other income. &lt;br /&gt; 
 &lt;br /&gt; 
9. With respect to Auditors’ observations in their report on the Financial Statements for the year &lt;br /&gt; 
ended March 31, 2026 regarding: &lt;br /&gt; 
(a) The Company not having provided interest amounting to Rs. 1,751.85 lakhs on certain inter- &lt;br /&gt; 
corporate deposits and advances as the Company has held various meetings with the respective &lt;br /&gt; 
lenders seeking reduction in rate of interest/waiver of interest. During the current quarter ended &lt;br /&gt; 
June 30, 2026, the company has settled with one of the major private lender and is hopeful of &lt;br /&gt; 
amicable settlements with other lenders shortly. &lt;br /&gt; 
10. The Company has not provided interest amounting to Rs. 528.48 lakhs for the quarter ended June &lt;br /&gt; 
30, 2026 on certain inter-corporate deposits. The Company has held various meetings with the &lt;br /&gt; 
respective lenders seeking reduction in rate of interest/waiver of interest. During the current &lt;br /&gt; 
quarter, the company has settled with one of the major private lender and is hopeful of amicable &lt;br /&gt; 
settlements with other lenders shortly. &lt;br /&gt; 
 &lt;br /&gt; 
11. In respect of the corporate guarantees issued by the Company to Financial Institutions and others &lt;br /&gt; 
on behalf of some of its subsidiaries for facilities availed by them (amounting to Rs. 76,040.01 lakhs), &lt;br /&gt; 
the management is of the view that it was necessary to provide the corporate guarantees to further &lt;br /&gt; 
the business interest of the Company in the entities on whose behalf such guarantees have been &lt;br /&gt; 
provided and the management is of the view that there would be no sustainable claims on the &lt;br /&gt; 
Company in respect of these corporate guarantees. &lt;br /&gt; 
12. The Company has advanced certain amounts to entities in which it has business interest with a &lt;br /&gt; 
view to participate in the earnings of the Projects being implemented by the recipient entities. &lt;br /&gt; 
Considering the nature of businesses in which these entities operate, the amounts so advanced &lt;br /&gt; 
are considered to be repayable on call / demand as the recovery period of such amounts so &lt;br /&gt; 
advanced are not measurable precisely. &lt;br /&gt; 
13. Loans and advances, other receivables, debtors and creditors are subject to confirmations and are &lt;br /&gt; 
considered payable / realizable. &lt;br /&gt; 
14. The Statement includes the financial information of eighteen subsidiaries, one joint venture and &lt;br /&gt; 
four associates which have not been audited by respective auditors of the companies. In the &lt;br /&gt; 
opinion of the management, aggregate of the audited financials results of these companies will not &lt;br /&gt; 
materially differ from the financial information certified by the management and included in the &lt;br /&gt; 
consolidated financial results of the company. &lt;br /&gt; 
15. Previous period figures have been regrouped / reclassified / restated wherever necessary to &lt;br /&gt; 
conform to the current period. &lt;br /&gt; 
 &lt;br /&gt; 
Place: Mumbai &lt;br /&gt; 
Date: August 03, 2026 &lt;br /&gt; 
 &lt;br /&gt; 
For and on behalf of the Board &lt;br /&gt; 
 &lt;br /&gt; 
Vyomesh M. Shah &lt;br /&gt; 
Managing Director &lt;br /&gt; 
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