Mahindra EPC Irrigation Limited , a key player in the irrigation sector, has announced its unaudited financial results for the second quarter and first half of the fiscal year 2026. The company's Board of Directors convened on October 17, 2025, to review and approve the financial statements.

Key Highlights

• The Board meeting commenced at 3:15 p.m. and concluded at 4:30 p.m.
• Both standalone and consolidated financial results were presented for the quarter and half-year ended September 30, 2025.
• The results have been prepared in accordance with Indian Accounting Standard 34 (Ind AS 34) for Interim Financial Reporting.
• Limited review reports have been submitted to the National Stock Exchange (NSE) and Bombay Stock Exchange (BSE).

Financial Reporting Compliance

Mahindra EPC Irrigation has adhered to the regulatory requirements by submitting its financial results to the stock exchanges where it is listed:

The company has also uploaded the unaudited financial results and the limited review report on its official website, ensuring transparency and easy access for stakeholders.

Consolidated Results

The consolidated financial results include Mahindra EPC Irrigation Limited's share of net loss after tax and total comprehensive loss from its joint venture, Mahindra Top Greenhouses Private Limited. This inclusion provides a more comprehensive view of the company's financial position, taking into account its interests in associated entities.

Auditor's Review

B S R & Co. LLP, Chartered Accountants, conducted a limited review of both the standalone and consolidated financial results. Key points from their review include:

• The review was conducted in accordance with the Standard on Review Engagements (SRE) 2410.
• No material misstatements were found in the financial results.
• The results comply with the recognition and measurement principles of Ind AS 34 and other accounting principles generally accepted in India.

Outlook

While specific financial figures were not disclosed in the provided information, the timely reporting and compliance with regulatory standards demonstrate Mahindra EPC Irrigation's commitment to corporate governance and transparency. Investors and stakeholders can access detailed financial information through the company's website or the respective stock exchange portals.

As the irrigation sector plays a crucial role in agriculture, Mahindra EPC Irrigation's performance may be indicative of broader trends in agricultural infrastructure development. Stakeholders should monitor future announcements for more detailed insights into the company's financial health and market position.

Mahindra EPC Irrigation Limited , a key player in the irrigation sector, has initiated a postal ballot process to seek shareholder approval for the appointment of Mr. Rajeev Goyal as a Non-Executive Non-Independent Director on its Board. This move comes following the Board's decision to appoint Goyal as an Additional Director on July 19, 2025.

Strategic Addition to the Board

Mr. Rajeev Goyal, a 59-year-old Chartered Accountant, brings a wealth of experience to Mahindra EPC Irrigation. Currently serving as the CFO of Mahindra Group's Auto & Farm Sectors, Goyal oversees a consolidated global revenue of Rs. 92,000.00 crores. His extensive 35-year career spans diverse industries, with the last 19 years dedicated to various strategic positions within Mahindra & Mahindra.

Voting Process and Timeline

The company has set the following key dates for the voting process:

• E-voting Period: July 29 to August 28, 2025
• Cut-off Date for Voting Rights: July 25, 2025
• Result Announcement: On or before August 30, 2025

Mahindra EPC Irrigation has engaged KFIN Technologies Limited to facilitate the remote e-voting process, ensuring a smooth and transparent voting experience for shareholders.

Goyal's Expertise and Potential Contribution

Goyal's appointment is expected to bring valuable insights to Mahindra EPC Irrigation's board. His experience includes:

• Leading business performance transformation projects in both Farm and Auto sectors
• Spearheading initiatives to improve margins and optimize cost structures
• Driving implementations of governance, risk management, and compliance frameworks
• Involvement in various value creation and strategic business initiatives

Shareholder Information

The company has provided detailed instructions for shareholders to participate in the e-voting process. Shareholders whose email IDs are registered with the company or depositories will receive the Postal Ballot Notice via email. Those who haven't registered their email addresses are encouraged to do so to receive voting instructions.

Compliance with Regulations

This appointment and voting process align with Regulation 17(1C) of SEBI Listing Regulations, which requires companies to obtain shareholder approval for board appointments within three months or at the next general meeting, whichever is earlier.

Mahindra EPC Irrigation's move to appoint Rajeev Goyal reflects the company's commitment to strengthening its leadership team with experienced professionals. As shareholders prepare to cast their votes, the outcome of this postal ballot will be closely watched by industry observers and investors alike.