ISF Limited held its Board of Directors meeting on Friday, May 15, 2026, and approved several key agenda items pursuant to Regulations 30 and 33 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The meeting commenced at 4:05 PM and concluded at 4:35 PM, conducted via video conferencing. Subsequently, on May 17, 2026, the company submitted copies of newspaper advertisements — published in English (Financial Express) and regional (Haribhoomi) newspapers — to the Listing Department of BSE Limited, pursuant to Regulation 47 read with Part A of Schedule III of the SEBI (LODR) Regulations, 2015. The outcome of the board meeting was communicated by Director Bhupendra Kaushik (DIN: 07016552).

Board Meeting Outcomes

The board considered and approved the following key matters during the meeting:

The Audited Financial Results for the quarter and year ended March 31, 2026, as reviewed by the Audit Committee, were approved along with the Audit Report issued by the company's Statutory Auditors.

FY26 Audited Financial Results

The following table presents ISF Limited's Statement of Audited Financial Results for the fourth quarter and year ended March 31, 2026, as published in the newspaper advertisement (amounts in Rs. Lakhs):

The financial results have been prepared in accordance with Accounting Standards (Ind AS) notified under the Companies (Indian Accounting Standards) Rules, 2015, as amended. Segment reporting as defined in Ind AS 108 is not applicable, as the entire operations of the company relate to only one segment. There are no Other Comprehensive Income items for the periods presented.

Change in Company Secretary and Compliance Officer

A significant personnel development emerged from the board meeting, with the resignation of Ms. Anjali Raj and the appointment of Ms. Puja Arora Mehrotra as the new Company Secretary and Compliance Officer. The key details of this transition are as follows:

Ms. Anjali Raj will also cease to be a Key Managerial Personnel under Section 203 and other applicable provisions of the Companies Act, 2013, and Regulation 30(5) of the SEBI LODR Regulations, effective close of business hours on Wednesday, June 10, 2026.

Profile of Incoming Company Secretary

Ms. Puja Arora Mehrotra is a qualified Company Secretary and an Associate Member of the Institute of Company Secretaries of India (ICSI). She brings experience in handling secretarial and compliance matters under the Companies Act, 2013, SEBI Regulations, and other applicable laws. Her responsibilities will include duties as prescribed under the Companies Act, 2013, SEBI (LODR) Regulations 2015, other SEBI compliances, RBI-related compliances, and any other duties assigned by the Board and senior management.

Trading Window Closure

In continuation of the company's earlier communication dated March 26, 2026, ISF Limited confirmed that the trading window for transactions in its equity shares by Designated Persons and their Immediate Relatives remained closed from April 1, 2026, and will continue until 48 hours after the declaration of the Audited Financial Results for the quarter and year ended March 31, 2026 (both days inclusive). This measure is in accordance with the company's Code of Conduct for trading by Designated Persons.

Secretarial Auditor Change

The board also approved the termination of the existing Secretarial Auditor and the appointment of M/S Parul Agrawal and Associates (FRN: S2019DE698200) as the Secretarial Auditor of the company for the Financial Year 2025-26.

ISF Limited has communicated to BSE Limited that the provisions relating to related party transactions disclosure under Regulation 23(9) of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 are not applicable to the company for the quarter and year ended March 2026. The disclosure was submitted by Company Secretary and Compliance Officer Anjali Raj on 15.05.2026.

Basis for Non-Applicability

The company's exemption is grounded in Regulation 15(2) of SEBI (LODR) Regulations, 2015, which provides that compliance with specified corporate governance regulations — including Regulations 17, 17A, 18, 19, 20, 21, 22, 23, 24, 24A, 25, 26, 26A, 27, and related clauses — shall not apply to listed entities whose paid-up equity share capital does not exceed rupees ten crore and whose net worth does not exceed rupees twenty-five crore as on the last day of the previous financial year.

The key financial thresholds and ISF Limited's corresponding figures are presented below:

As both figures fall below the prescribed limits, the company qualifies for the regulatory relaxation and is not required to file the related party transactions disclosure for the quarter and year ended March 2026.

Regulatory Conditions and Future Compliance

SEBI (LODR) Regulations, 2015 stipulate specific conditions under which the exemption operates and may cease to apply:

• If the corporate governance provisions become applicable to the company at a later date, compliance must be ensured within six months from such date.
• Once these provisions become applicable, they shall continue to remain applicable until the equity share capital and net worth of the entity reduce and remain below the specified thresholds for a period of three consecutive financial years.

ISF Limited has explicitly undertaken that it will comply with the requirements of the relevant regulations within six months from the date on which the provisions become applicable to the company in the future.

Company Details

The filing was made to BSE Limited on 15.05.2026 and signed by Anjali Raj, Company Secretary and Compliance Officer (M. No.: A77251). ISF Limited is registered with CIN No. L74899DL1988PLC076648, with its registered office at Khasra No. 10/2, Samalka, New Delhi- 110037 and corporate office at TR-205 2nd Floor, A-100, Sector-58 Noida, Uttar Pradesh- 201301.