Nila Spaces Limited declared the results of its postal ballot on 12 May 2026, confirming that all six ordinary resolutions placed before shareholders through remote e-voting have been passed with the requisite majority. The resolutions sought shareholder approval for material related party transactions with five entities and one individual for Financial Year 2026-27. The voting results were submitted to BSE Limited and the National Stock Exchange of India Limited in compliance with Regulation 44(3) of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

Postal Ballot Process Overview

The postal ballot notice was dispatched on 10 April 2026 to shareholders whose names appeared on the Register of Members as on the cut-off date of 03 April 2026. A newspaper advertisement was published in Business Standard (English) and Loksatta Jansatta (Gujarati) editions dated 11 April 2026. The e-voting window commenced on Saturday, 11 April 2026 at 09:00 a.m. and closed on Sunday, 10 May 2026 at 5:00 p.m., facilitated through the e-voting platform of National Securities Depository Limited (NSDL). The e-voting module was disabled by NSDL on 11 May 2026, following which the votes were unblocked on 11 May 2026 at 01:35 p.m. in the presence of two witnesses.

The key parameters of the postal ballot are summarised below:

Voting Results for All Six Resolutions

All six resolutions were ordinary resolutions, and the promoter/promoter group was noted as interested in each agenda item. Voting participation was entirely from the Public – Non Institutions category, as neither the Promoter and Promoter Group nor Public Institutions cast any votes across all resolutions. The total shares outstanding stood at 393889200. The consolidated voting outcomes are presented below:

Scrutinizer's Findings

Umesh Ved, Proprietor of M/s. Umesh Ved & Associates, Practicing Company Secretaries, Ahmedabad, was appointed as Scrutinizer for the postal ballot process. The scrutinizer confirmed that the e-voting data was downloaded from the NSDL e-voting website and reconciled with records maintained by the Registrar and Transfer Agent, M/s. MCS Share Transfer Agent Limited. The scrutinizer noted that no shareholder abstained from voting on any of the six resolutions, and no invalid votes were recorded across all resolutions. All six resolutions were accordingly declared passed with the requisite majority. The voting results along with the Scrutinizer's Report dated 12 May 2026 have been made available on the company's website at www.nilaspaces.com .

Key Highlights

• All six resolutions were ordinary resolutions and have been passed with requisite majority
• No invalid votes were recorded for any of the six resolutions
• No shareholder abstained from voting on Resolutions 1 to 6
• Participation was exclusively from the Public – Non Institutions category via remote e-voting
• Resolution 6, relating to transactions with Mr. Deep S. Vadodaria, recorded a comparatively lower approval rate of 92.3120% in favour, versus over 97% for the remaining five resolutions
• The scrutinizer's report was digitally signed on 12 May 2026

Nila Spaces Limited has submitted the newspaper publication of the extract of its audited standalone and consolidated financial results for the quarter and year ended March 31, 2026, to BSE Limited and the National Stock Exchange of India Limited. The submission was made pursuant to Regulation 47 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, with the results published in the Business Standard (English) and Loksatta Jansatta (Gujarati) editions dated May 08, 2026. The financial results were reviewed by the Audit Committee and approved by the Board of Directors at their respective meetings held on May 07, 2026.

Standalone Financial Performance

On a standalone basis, Nila Spaces delivered a notable improvement in profitability for the year ended March 31, 2026. Total income from operations for the full year reached ₹17,535.32 lakhs, compared to ₹14,433.02 lakhs in the previous year. Net profit after tax (after exceptional items) for the year stood at ₹2,660.73 lakhs, up from ₹1,520.32 lakhs in the prior year. The following table presents the key standalone financial metrics (₹ in Lakhs, except per share data):

Consolidated Financial Performance

On a consolidated basis, Nila Spaces also reported strong growth for the year ended March 31, 2026. Total income from operations for the full year was ₹19,796.18 lakhs, compared to ₹14,438.23 lakhs in the previous year. Net profit after tax (after exceptional items) for the year came in at ₹2,875.77 lakhs, against ₹1,467.49 lakhs in the prior year. The table below summarises the key consolidated financial metrics (₹ in Lakhs, except per share data):

Regulatory Compliance and Availability of Full Results

The financial results extract was filed with BSE Limited and the National Stock Exchange of India Limited under Regulation 33 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The full format of the quarter and year ended financial results, along with the accompanying notes, is available on the websites of the stock exchanges at www.bseindia.com and www.nseindia.com , as well as on the company's website at www.nilaspaces.com . The results were signed on behalf of the Board of Directors by Deep Vadodaria, Chairman & Managing Director (DIN: 01284293), from Ahmedabad, dated May 07, 2026.