Empire Industries Limited has announced the appointment of Mr. Hemant Kumar Bhardwaj as Divisional CEO of its proposed Medtech Division, effective March 13, 2026. The company informed BSE Limited about this senior management appointment in compliance with Regulation 30 of the SEBI Listing Obligations and Disclosure Requirements Regulations, 2015.

Appointment Details

The appointment represents Empire Industries' strategic move into the medical technology sector. Mr. Bhardwaj will lead the newly proposed Medtech Division, marking the company's expansion into healthcare and medical device business operations.

Professional Background

Mr. Bhardwaj brings significant expertise to his new role, with specialized experience in the medical device industry. His professional qualifications and experience include:

• Education: Post-Graduation in Life Sciences from D.A.V.V. Indore, M.P.
• Management Training: Senior Leadership & Management Certificate Course from IIM-Indore
• Expertise Areas: Strategic planning, leadership experience, and risk management
• Industry Focus: Medical device business and medtech operations

Company Portfolio Expansion

The addition of the Medtech Division expands Empire Industries' already diverse business portfolio. The company currently operates multiple divisions across various sectors:

• Empire Machine Tools
• Vitrum Glass
• Empire Industrial Equipment
• Empire Vending (GRABBIT)
• Empire Foods
• The Empire Business Centre
• Empire Industrial Centrum

Regulatory Compliance

The appointment notification was filed in accordance with SEBI regulations, specifically Regulation 30(6) read with Para A(7) of Part A of Schedule III of the SEBI Listing Regulations and SEBI Circular No SEBI/HO/CFD/CFD-PoD1/P/CIR/2023/123 dated July 13, 2023. The company's communication was signed by Suhas Chandra Nanda, Director – Finance & Company Secretary.

This strategic appointment positions Empire Industries to capitalize on opportunities in the growing medical technology sector while leveraging Mr. Bhardwaj's specialized expertise in medtech operations and strategic leadership.

Empire Industries Limited has published the extract of its unaudited financial results for Q3FY26 in newspapers, fulfilling regulatory compliance requirements under SEBI LODR Regulations. The Mumbai-based industrial conglomerate demonstrated consistent operational performance across its diversified business segments for the quarter ended December 31, 2025.

Financial Performance Overview

The company's financial performance for Q3FY26 showed positive momentum across key metrics. Revenue from operations increased to ₹18,864.40 lakhs compared to ₹17,550.32 lakhs in Q3FY25, marking a growth of 7.5%. Total income including other income reached ₹19,341.60 lakhs against ₹18,021.62 lakhs in the previous year quarter.

Nine-Month Performance

For the nine-month period ended December 31, 2025, Empire Industries demonstrated stronger growth trajectory. Revenue from operations increased by 9.2% to ₹53,582.88 lakhs from ₹49,058.21 lakhs in the corresponding period of FY25. Net profit for the nine-month period grew to ₹3,259.64 lakhs compared to ₹3,001.06 lakhs, representing an 8.6% increase.

Regulatory Compliance and Newspaper Publication

The company submitted newspaper cuttings to BSE Limited regarding the extract of unaudited financial results published on February 12, 2026. The publications appeared in Navshakti (Marathi) and Free Press Journal (English) newspapers, complying with Regulation 47(1)(b) of the SEBI (LODR) Regulations, 2015.

Registrar and Share Transfer Agent Change

The Board of Directors, in their meeting held on February 11, 2026, approved the change of Registrar and Share Transfer Agent from Bigshare Services Private Limited to NSDL Database Management Limited. The effective date of appointment will be communicated after entering the Tripartite Agreement between the new Share Transfer Agent and the Company.

Operational Highlights

The company maintained its diversified business portfolio through seven operational divisions including Empire Machine Tools, Vitrum Glass, Empire Industrial Equipment, Empire Vending (GRABBITE), Empire Foods, The Empire Business Centre, and Empire Industrial Centrum. This diversification strategy continues to provide stability across different market cycles and business environments.