Vascon Engineers Limited has announced its unaudited financial results for the quarter and nine months ended December 31, 2025. The Board of Directors approved these results at their meeting held on February 09, 2026, following review and recommendation by the Audit Committee.

Financial Results Approval

The company's Board meeting commenced at 11:27 a.m. and concluded at 12:35 p.m. on February 09, 2026. The unaudited financial results, both standalone and consolidated, were duly reviewed by the Audit Committee before receiving board approval.

Auditor Review

M/s Sharp & Tannan Associates, the company's statutory auditors, issued unmodified limited review reports for both standalone and consolidated financial statements. The auditors conducted their review in accordance with Standard on Review Engagements (SRE) 2410, ensuring compliance with Indian Accounting Standard 34 "Interim Financial Reporting" and SEBI Listing Regulations.

Business Segments

The company operates through two primary business segments:

• Engineering, Procurement and Construction (EPC)
• Real Estate Development

The segment information is reported in accordance with Indian Accounting Standard 108 "Operating Segments" and SEBI guidelines. The Chief Operating Decision Maker (CODM) is the CEO and Managing Director.

Key Matters Under Review

The auditors highlighted an emphasis of matter regarding the company's divestment of its entire shareholding in Almet Corporation Limited under a Share Transfer Agreement dated March 31, 2025. Due to a dispute among transferees, the agreement has been kept in abeyance, and the matter is under review pending resolution of the dispute.

Regulatory Compliance

The financial results have been prepared in accordance with:

• Indian Accounting Standards (Ind AS) as prescribed under Section 133 of the Companies Act, 2013
• SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015
• Other recognized accounting practices and policies

Availability of Results

The complete financial results are available on:

• NSE website: www.nseindia.com
• BSE website: www.bseindia.com
• Company website: https://www.vascon.com/investors/quarterly-financials-presentations

The announcement was signed by Neelam Piyush Pipada, Company Secretary and Compliance Officer (M No. A31721), confirming the company's adherence to regulatory disclosure requirements under Regulation 30 of the SEBI Listing Regulations.

Vascon Engineers Limited has announced the allotment of 23.80 lakh equity shares under its Employee Stock Option Scheme-2020 (ESOS-2020), marking a significant corporate development for the construction sector company.

Share Allotment Details

Vascon Engineers Limited has allotted 23.80 lakh equity shares under its Employee Stock Option Scheme-2020. This allotment has resulted in an increase in the company's paid-up share capital from ₹226.29 crores to ₹228.67 crores.

Impact on Share Capital

The allotment has resulted in an increase in the company's paid-up share capital. The share capital structure before and after the allotment shows the following changes:

Share Rights and Benefits

The newly allotted equity shares carry specific rights and entitlements that align with the company's existing share structure:

• No Lock-in Period: The allotted shares are free from any lock-in restrictions
• Pari-Passu Rights: These shares rank equally with existing equity shares of the company

This employee stock option exercise demonstrates Vascon Engineers' commitment to employee participation in its growth story while expanding its equity base through the structured ESOS-2020 framework.