Landmark Property Development Company Ltd

AGM Details

• 50th AGM scheduled for 21 September 2026 at 11:30 AM via VC/OAVM.
• Mode: VC/OAVM; meeting to transact items as per Notice.
• Cut-off date for e-voting eligibility: 14 September 2026.
• Scrutinizer appointed: Rahul Dhupar, Practicing Company Secretary.
• E-voting period: 18 September 2026 to 20 September 2026.
• Notice and details available on the company's website.

Repayment extension with Eterna Living

• Board approved extension after Audit Committee recommendation for the repayment timeline under the Refund and Settlement Agreement.
• Extension to 31 March 2027, subject to Members' approval at the ensuing AGM.
• Eterna paid ₹8,00,000 as part-payment; balance would be ₹27,11,15,047 after adjustment.
• Balance originally due ₹35,11,15,047; after extension ₹27,11,15,047.
• Effective extension only upon Members' approval and execution of amendment to the Refund and Settlement Agreement.
• Resolution seeking member approval to be included in the notice for the ensuing AGM.

Financial highlights

• Total income for the quarter ended 30 Jun 2026: ₹932.28 lakhs.
• Revenue from operations: ₹123.19 lakhs; other income: ₹32.26 lakhs.
• Reversal of expected credit loss: ₹776.83 lakhs recognised in the quarter.
• Profit after tax: ₹696.43 lakhs.
• Earnings per share: Basic ₹0.52; Diluted ₹0.52.
• Refund receivable against ELPL advances: ₹1,911.15 lakhs as at 30 Jun 2026.
• Board extended repayment timeline for ELPL to 31 Mar 2027, subject to AGM.
• Total income includes reversal of ECL; no exceptional items in the quarter.
• QoQ comparison: total income rose from ₹599.82 lakhs to ₹932.28 lakhs.
• Single operating segment: real estate development; no subsidiaries or associates.

Financial results and approvals

• Unaudited Q1 2026 results approved; total income 932.28 lakhs; PAT 696.43 lakhs.
• Board approved on 12 Aug 2026; limited review with unmodified opinion.
• Reversal of ECL of 776.83 lakhs recognized in quarter.

ELPL recoveries – Emphasis of Matter

• Emphasis of Matter on ELPL advances: gross 3,511.15 lakhs; net 1,911.15 lakhs.
• Refund receivable reclassified; balance to be refunded by ELPL; repayment extended to 31 Mar 2027.
• Refund receivable net carrying amount 1,911.15 lakhs as at 30 Jun 2026.
• Timeline extension subject to AGM approval.

Regulatory & other matters

• Talabasta Fireclay Mines: Odisha demand Rs 105.90 lakhs; appeal filed; stay order in force.
• Differential dead rent demand: Rs 13.05 lakhs; writ petition in Orissa HC; stay granted.
• Saya Buildcon ECL reversal: Rs 776.83 lakhs recovered; ECL reversed.
• No subsidiary/associate/joint venture as of 30 Jun 2026.

Dematerialisation status

• Dematerialisation requests processed: securities confirmed to depositories; listed on exchanges.
• Certificates received for dematerialisation were mutilated and cancelled after verification; depository name substituted as registered owner within timelines.

Settlement terms and impact

• Settlement covers Loan Agreement dated 30 May 2017 and Inter Corporate Deposit Agreement dated 14 December 2017.
• Cancellation Agreement relates to cancellation of nine commercial units in the Saya Zion project.
• Full and final settlement of all rights, claims, and obligations between Landmark and Saya Buildcon.
• Reciprocal release and discharge of claims, subject to terms of the agreements.
• Cancellation of unit allotment is being implemented per cancellation terms.
• Principal monetary obligations had already been discharged prior to execution.
• Execution formalises settlement and enables completion of remaining actions and closure of proceedings.
• No material adverse impact on Landmark's financial position or operations.
• Annexure confirms related party status: none; promoter group interest: none.

Landmark Property Development Company Limited — Trading Window closed from July 1, 2026 until 48 hours after the financial results for the quarter ended June 30, 2026 become generally available information.