IMEC Services Limited's Board of Directors convened on February 14, 2026, from 12:30 P.M. to 14:45 P.M., to approve unaudited standalone financial results for the quarter and nine months ended December 31, 2025, and address a key management change.

Financial Performance Overview

The company's Q3FY26 financial results reveal a significant decline in quarterly revenue performance compared to the previous year. The statutory auditors SCAN & Co. (previously M.S. Singhatwadia & Co.), Chartered Accountants, conducted a limited review of these results under Regulation 33 of SEBI Listing Regulations.

Auditor Observations and Key Concerns

The independent auditor's review report highlighted several critical matters requiring attention:

• Revenue Decline: Substantial reduction in quarterly revenue attributed to completion of certain large service contracts in the prior year
• Professional Fees Correlation: The company incurred professional fees of ₹67.69 lakhs during the period, with auditors unable to establish direct correlation with the revenue of ₹22.44 lakhs
• Outstanding Receivables: ₹19.57 crores remain unrealized from accounts receivable, with major portions relating to a 2023 contract and only ₹1 crore realized over the past nine months

Key Management Change

Mr. Adnan Kanchwala (M. No.: A64482) submitted his resignation as Company Secretary and Compliance Officer to pursue alternate career opportunities and professional development.

Regulatory Compliance and Corporate Information

The announcements were made pursuant to Regulation 30, 33, and 42 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The financial results were prepared in accordance with Indian Accounting Standards (Ind AS) 34 "Interim Financial Reporting" and other accounting principles generally accepted in India.

IMEC Services Limited, incorporated in 1987 with CIN L74110MH1987PLC142326, maintains its registered office at 611, Tulsiani Chambers, Nariman Point, Mumbai, with operational office in Indore, Madhya Pradesh. All disclosed information is available on the company's website at www.imecservices.in .

IMEC Services Limited has announced a significant shareholding change involving the transfer of equity shares from a promoter entity to a non-promoter organization. The transaction represents a notable shift in the company's ownership structure and has been disclosed in compliance with regulatory requirements.

Transaction Details

The share transfer involves Param Foundation Private Limited, a promoter entity of IMEC Services, selling 28,500 equity shares to Maan Resources Private Limited, classified as a non-promoter entity. The transaction details are summarized below:

Promoter Holdings Context

Prior to this transaction, Param Foundation Private Limited held a substantial stake in IMEC Services Limited. The promoter entity owned 4,00,720 equity shares of ₹10 each, representing 21.09% of the company's total paid-up share capital. This transfer of 1.5% reduces the promoter's holding while introducing a new non-promoter stakeholder to the company's ownership structure.

Regulatory Compliance

The disclosure has been made in accordance with multiple regulatory frameworks. The company has fulfilled its obligations under Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, and Regulation 7(2) of the SEBI (Prohibition of Insider Trading) Regulations, 2015. The transaction also complies with other applicable provisions of SEBI rules and regulations.

Corporate Communication

IMEC Services Limited, through its Company Secretary and Compliance Officer Adnan Kanchwala, formally communicated this transaction to BSE Limited on December 31, 2025. The company has also committed to making this information available on its official website at www.imecservices.in , ensuring transparency and accessibility for all stakeholders.

This shareholding change reflects the dynamic nature of equity ownership in listed companies and demonstrates IMEC Services' commitment to maintaining proper disclosure standards as required by securities market regulations.