Darjeeling Ropeway Company Ltd

Price movement clarification

• Price volatility is market-driven; no additional material event reported.
• Price-sensitive information disclosed within regulatory timelines; may impact the scrip.
• Quarter ended 30 June 2026 financial results disclosed to the stock exchange.
• All disclosures under SEBI LODR Regulations, 2015 completed within the stipulated period.
• No further material information beyond disclosed items needs reporting to the exchange.

Financial highlights

• Standalone revenue from operations: ₹145.87 lakh.
• Standalone total income: ₹146.15 lakh.
• Standalone PBT: ₹39.70 lakh; PAT: ₹29.78 lakh.
• Consolidated revenue: ₹145.87 lakh.
• Consolidated PBT: ₹33.70 lakh; PAT: ₹25.29 lakh.
• Board approved results; audit committee reviewed on 14 Aug 2026.
• Investor complaints: 0 as of 30 June 2026.
• Subsidiary NOWA Defence Inds Limited included in consolidated results.

Fund-raising and utilisation

• Fundraising via convertible warrants: ₹294.00 lakh raised; no deviation.
• Utilisation: funds allocated to working capital and general corporate purposes.

Deviation & utilisation summary

• Purpose: Statement regarding deviation/variation in use of funds raised; no deviation reported.
• Mode of fund raising: Preferential issue of convertible warrants.
• Amount raised and dates: Details available in Annexure I; not disclosed here.
• Monitoring agency: Not Applicable.
• Deviation in use of funds: No.
• Audit committee comments: None.
• Fund utilisation status: Partially utilised; a small amount used in the latest quarter.
• Original objects/allocations: No changes observed.

Meeting Details

• Date and time: 14 August 2026 at 1:00 PM.
• Venue: Video conference; Deemed venue Krishna Complex ARK 203, Nr. Suvidha Hospital, Rajkot, Gujarat 360005.

Key Agenda Items

• Unaudited standalone and consolidated financial results for quarter ended 30 June 2026 with Limited Review Report.
• Any other matter to be discussed with Chairperson's permission.

Other Notes

• No other business items disclosed beyond the two agenda items.

Dematerialisation/Rematerialisation status

• All dematerialisation requests processed; certificates accepted/rejected and listed on exchanges.
• Physical certificates for dematerialisation mutilated, cancelled, and depository's name substituted within prescribed timelines.
• No dematerialisation requests received during 01/04/2026 to 30/06/2026.
• Securities dematerialised have been listed on stock exchanges where prior issues are listed.

Office relocation

• Board approved the Corporate Office to be at Krishna Complex, ARK 203, Rajkot, with immediate effect.
• Shareholders at the AGM on 19 August 2025 approved shifting the Registered Office to this address.
• The Company filed with the Regional Director for approval of shifting the Registered Office; approval awaited.
• In the interim, the Company will operate from the new premises as its Corporate Office.