Eureka Forbes Limited Submits Annual Secretarial Compliance Report for Financial Year Ended March 31, 2026

Eureka Forbes Limited has filed its Annual Secretarial Compliance Report for the financial year ended March 31, 2026, with BSE Limited and the National Stock Exchange of India Limited. The filing, made on May 27, 2026, was submitted pursuant to Regulation 24A of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015. The report was prepared by M/s. Mihen Halani & Associates, Practicing Company Secretaries, and is dated May 19, 2026.

Scope of Examination

M/s. Mihen Halani & Associates examined all relevant documents, records, filings, and the company's website for the review period ending March 31, 2026. The examination covered compliance with the SEBI Act, 1992, and the Securities Contracts (Regulation) Act, 1956, along with regulations and circulars issued thereunder. The specific regulations reviewed are outlined below:

Regulation	Applicability
SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015	Applicable
SEBI (Issue of Capital and Disclosure Requirements) Regulations, 2018	Not Applicable
SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011	Applicable
SEBI (Prohibition of Insider Trading) Regulations, 2015	Applicable
SEBI (Share Based Employee Benefits and Sweat Equity) Regulations, 2021	Applicable
SEBI (Issue and Listing of Non-Convertible Securities) Regulations, 2021	Not Applicable
SEBI (Registrars to an Issue and Share Transfer Agents) Regulations, 2025	Applicable
SEBI (Delisting of Equity Shares) Regulations, 2021	Not Applicable
SEBI (Buyback of Securities) Regulations, 2018	Not Applicable
SEBI (Depositories and Participants) Regulations, 2018	Applicable

Compliance Status: No Deviations Reported

The Practicing Company Secretary confirmed that Eureka Forbes Limited complied with all applicable SEBI regulations and guidelines during the review period. No deviations, violations, or regulatory actions were observed. The compliance status across key areas is summarised below:

Compliance Area	Status	Remarks
Secretarial Standards (ICSI)	YES	None
Adoption and updation of applicable policies	YES	None
Maintenance and disclosures on website	YES	None
Disqualification of Directors (Section 164, Companies Act, 2013)	YES	None
Identification of material subsidiaries	NA	No material subsidiary during review period
Disclosure requirements for subsidiaries	YES	None
Preservation of documents	YES	None
Performance evaluation of Board and Committees	YES	None
Prior approval of Audit Committee for related party transactions	YES	None
Disclosure of events or information (Regulation 30)	YES	None
Prohibition of Insider Trading (Regulation 3(5) & 3(6))	YES	None
Actions taken by SEBI or Stock Exchanges	NA	None
Resignation of statutory auditors	NA	No such event occurred
Additional non-compliances	NA	None

Previous Report Observations

The report also reviewed actions taken against observations made in previous secretarial compliance reports. No outstanding observations or pending remedial actions were noted, and no prior deviations required follow-up during the current review period.

Certification Details

The Annual Secretarial Compliance Report was certified by Mihen Halani, Proprietor of M/s. Mihen Halani & Associates, with CP No. 12015 and FCS No. 9926. The report carries UDIN: F009926H000410513 and was issued from Mumbai on May 19, 2026. The filing was signed and submitted to the exchanges by Shilpa Jain, Company Secretary & Compliance Officer of Eureka Forbes Limited, on May 27, 2026. The report has also been uploaded on the company's website at www.eurekaforbes.com .

1 Day	5 Days	1 Month	6 Months	1 Year	5 Years
-2.12%	-7.01%	-13.32%	-27.46%	-31.66%	-13.00%

Eureka Forbes has revised its audited standalone and consolidated financial statements for the quarter and financial year ended March 31, 2026. The company identified an inadvertent typographical discrepancy in the bifurcation of trade payables, specifically concerning dues to Micro and Small Enterprises (MSME) and dues to other creditors. The total amount of trade payables disclosed in the balance sheet remains correct and unchanged.

The company clarified that this revision has no impact on the Profit & Loss Account, Net Worth, Earnings Per Share, or any other financial parameter. Comparative figures for the previous year are also correct and remain unchanged. The revision was approved by the Board of Directors at its meeting held on May 19, 2026.

Financial Performance Summary

For the full year FY26, the company reported a revenue from operations of ₹2,710.5 Cr on a standalone basis, representing a growth of 11.3% over the previous year. Profit After Tax (PAT) for the year stood at ₹160.2 Cr. On a consolidated basis, revenue from operations was ₹2,709.1 Cr, with a PAT of ₹162.6 Cr.

The following table summarizes the key standalone financial metrics for FY26:

Metric (₹ Cr)	FY26	FY25	YoY Growth
Revenue from operations	2,710.5	2,436.1	11.3%
Adjusted EBITDA	331.9	285.0	16.4%
Adjusted EBITDA Margin	12.2%	11.7%	+55 bps
Reported PAT	160.2	163.3	-1.9%

Operational and Balance Sheet Highlights

Eureka Forbes maintained a strong balance sheet, with net surplus touching an all-time high of ₹443.3 Cr in FY26. Free Cash Flow (FCF) for the year was ₹237 Cr, which is 148% of the Profit After Tax. The company continued to invest in growth, with Advertisement & Sales Promotion spends increasing by approximately ₹100 Cr over three years to drive category awareness.

The statutory auditors, Deloitte Haskins & Sells LLP, issued an unmodified opinion on the revised financial results. The company has uploaded the revised statements to its website.