Standard Industries Limited's Board of Directors approved the audited standalone and consolidated financial results for the quarter and year ended March 31, 2026. M/s. R. S. Gokani & Co., Statutory Auditors, issued an unmodified audit opinion on the financial results for Financial Year 2025-26. Pursuant to Regulation 47 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, the company submitted newspaper clippings of the extract of these audited financial results to the stock exchanges on May 13, 2026, as published in The Free Press Journal (English) and Navshakti (Marathi). The advertisement includes a Quick Response Code and a weblink to access the complete financial results.

Standalone Financial Performance

On a standalone basis, the company's revenue from operations rose to ₹3,068.34 lakhs in FY26 from ₹2,234.98 lakhs in FY25. However, total expenses increased to ₹4,866.90 lakhs from ₹3,879.43 lakhs, resulting in a wider net loss of ₹1,759.22 lakhs for the year compared to ₹1,380.44 lakhs in FY25. The following table summarises key standalone financial metrics:

The standalone total comprehensive income for FY26 turned positive at ₹206.80 lakhs, compared to a loss of ₹1,370.53 lakhs in FY25, driven by other comprehensive income of ₹1,966.02 lakhs. This included ₹1,954.43 lakhs from equity instruments through other comprehensive income, arising from the disposal of the company's entire investment of 14,47,714 equity shares in Duville Estates Pvt. Ltd. at a fair value price of ₹212 per share, aggregating to ₹30,69,15,379. The disposal was executed in two tranches — the first tranche of 9,04,845 equity shares during the quarter July–September 2025, and the second tranche of 5,42,869 equity shares during the quarter October–December 2025, with the fair value determined by Registered Valuer Bhakti Shah & Associates, Chartered Accountant.

Consolidated Financial Performance

Consolidated revenue from operations for FY26 stood at ₹3,433.10 lakhs, up from ₹2,792.41 lakhs in FY25. The consolidated net loss widened to ₹1,950.17 lakhs in FY26 from ₹1,350.97 lakhs in FY25. The consolidated total comprehensive income for FY26 stood at ₹14.51 lakhs, compared to a loss of ₹1,340.92 lakhs in FY25.

Dividend and Key Corporate Actions

The board recommended a final dividend of Re. 0.25 per equity share of ₹5/- each (5% on face value) for FY26, subject to shareholder approval. The record date has been fixed as Tuesday, August 11, 2026, with payment on or before September 17, 2026. The board had previously declared an interim dividend of ₹0.55 per share, paid on March 11, 2026.

The board also approved the assignment of development rights over land admeasuring 1,937.30 sq. mtrs. at Dadar West, Mumbai, to Prabhadevi Developer Private Limited. The transaction involves a cash consideration of ₹169,51,41,225 and an allocation of 25,774.61 sq. ft. of residential RERA carpet area.

Governance Decisions

The board proposed the re-appointment of Shri Khurshed Thanawalla as a Non-Executive Independent Director for five years effective May 19, 2027, subject to shareholder approval. M/s Bhatia & Poojari, Chartered Accountants, were re-appointed as Internal Auditor for FY 2026-27. The 129th Annual General Meeting is scheduled for Tuesday, August 18, 2026, via Video Conference.

Source: None/Company/INE173A01025/94d15afd2f464d20.pdf

Standard Industries Limited has issued comprehensive guidelines to shareholders regarding Tax Deduction at Source (TDS) for the interim dividend declared by the Board of Directors on February 12, 2026. The communication, sent on February 17, 2026, provides detailed instructions for shareholders to ensure proper tax compliance for the dividend payment.

Dividend Payment Details and Timeline

The company has declared an interim dividend of ₹0.55 per equity share for the financial year 2025-26, with specific dates for shareholders to note:

TDS Framework for Resident Shareholders

For resident shareholders, the company has outlined specific TDS rates based on PAN availability and compliance. Tax will be deducted at 10% for shareholders with valid PAN linked to Aadhaar, while those without valid PAN will face 20% TDS as per section 206AA of the Income Tax Act.

Non-Resident Shareholder Provisions

Non-resident shareholders will be subject to 20% TDS plus applicable surcharge and cess. However, they can avail benefits under Double Tax Avoidance Treaty (DTAA) by submitting required documents including Tax Residency Certificate, Form 10F, and self-declaration before February 20, 2026.

Exempted Categories and Documentation

Certain institutional investors are exempt from TDS upon providing appropriate documentation. Insurance companies registered with IRDA, SEBI-registered mutual funds under Section 10(23D), and Category I or II Alternative Investment Funds registered with SEBI can claim exemptions with proper self-declarations and certificates.

Compliance and Communication Channels

Shareholders must submit all TDS-related documents to designated email addresses: standardgrievances@rediffmail.com for the company and einward.ris@kfintech.com for the Registrar and Transfer Agent, KFin Technologies Limited. The company emphasized that no requests will be entertained after the February 20, 2026 deadline, and TDS certificates will be emailed to registered email addresses post-payment.