Garnet Construction Ltd

Financial results approved

• Unaudited standalone results for quarter ended 30 June 2026 approved by the Board.

Audit and reporting

• Audit Committee reviewed results; statutory auditors reviewed; limited review report attached.

Accounting policy and segment

• Revenue recognition aligned with Ind AS 115; single Real Estate Development segment.

Regulatory compliance

• Results reviewed under SEBI LODR Regulation 33; Board approval dated 14 Aug 2026.

Auditor remarks

• Independent auditor's limited review concluded no material misstatement.

Notes / segment information

• Company operates in a single Real Estate Development segment in India; prior-period figures regrouped.

Dematerialisation status and ownership update

• Dematerialisation requests were confirmed to depositories (accepted/rejected) and listed on exchanges.
• Security certificates received for dematerialisation were mutilated and cancelled after verification; depository name substituted as registered owner.
• Depository name substituted as registered owner in records within prescribed timelines.

Demise of Managing Director & CFO

• Mr. Kishankumar Kedia, Promoter, Managing Director & CFO, deceased on 22-02-2026

Appointment of Director

• Ms. Chahat Sanjaykumar Kedia appointed as Additional Director effective 23-03-2026
• Appointment subject to shareholder approval
• She is pursuing Graduation
• Daughter of Sanjaykumar Kedia, no other director relationships disclosed

Appointment of Chief Financial Officer

• Ms. Nikita Poddar appointed as CFO effective 23-03-2026
• Associate Member of Institute of Chartered Accountants of India with 8+ years experience
• No relationship with other directors

Board Decisions

• Board noted the demise of Promoter, MD & CFO Mr. Kishan Kedia
• Ms. Chahat Sanjaykumar Kedia appointed as Director, subject to approvals
• Ms. Nikita Poddar appointed as Chief Financial Officer (CFO)

Meeting Details

• Board meeting scheduled for 21 March 2026

Key Agenda Items

• Noting demise of Promoter, Managing Director & CFO Mr. Kishan Kedia
• Consider and approve appointment of Ms. Chahat Sanjaykumar Kedia as Director
• Consider and approve appointment of Ms. Nikita Poddar as Chief Financial Officer

🗓️ Meeting Details

• Board meeting scheduled for 14 February 2026 at 501/531, Laxmi Mall, Andheri West, Mumbai.

📊 Key Agenda Items

• Approval of unaudited standalone financial results for quarter ended 31 December 2025.