Sharika Enterprises Limited has announced the newspaper publication of its unaudited financial results for the quarter and nine months ended December 31, 2025, in compliance with Regulation 47 of SEBI (Listing Obligation and Disclosure Requirements) Regulations, 2015.

Regulatory Compliance and Publication

The company published its financial results in Financial Express (English newspaper) and Jansatta (Hindi newspaper) as required under regulatory guidelines. Company Secretary and Compliance Officer Pushpa Yadav signed the notification dated February 13, 2026, confirming the newspaper publication to BSE Limited.

Q3FY26 Standalone Financial Performance

The company's standalone financial results for the quarter ended December 31, 2025, show mixed performance indicators. Total income from operations reached Rs. 1,593.33 lakh, while the company reported a net loss of Rs. 244.20 lakh for the quarter.

Consolidated Financial Results

The consolidated financial performance shows similar trends with total income from operations at Rs. 1,592.15 lakh for Q3FY26. The consolidated net loss after tax stood at Rs. 292.51 lakh for the quarter, compared to a profit of Rs. 14.00 lakh in the corresponding quarter of the previous year.

Board Approval and Audit Committee Review

The financial results were reviewed by the Audit Committee and approved by the Board of Directors at their respective meetings held on February 12, 2026. The results have been subject to review by the Statutory Auditors pursuant to Regulation 33 of SEBI LODR Regulations, who issued an unmodified opinion.

Business Operations and Segment Information

Sharika Enterprises Limited is primarily engaged in Engineering, Procurement and Construction (EPC) business relating to infrastructure projects, systems and related activities for power transmission, distribution, railway, civil, oil & gas, cable and other EPC business. The company operates as a single reportable segment under Ind AS 108 operating segment guidelines.

Sharika Enterprises Limited has initiated the formal shareholder approval process for the appointment of Mr. Tej Kishen Wali as Independent Director through a postal ballot notice dated January 27, 2026. The company informed BSE Limited about the postal ballot proceedings and e-voting arrangements through regulatory filings.

Board Meeting and Initial Appointment

The Board of Directors of Sharika Enterprises Limited, at its meeting held on January 27, 2026, approved the appointment of Mr. Tej Kishen Wali (DIN: 02413663) as Additional Director under the category of Non-Executive Independent Director. The appointment is effective from January 27, 2026, and requires formal approval by the company's shareholders through the postal ballot process.

Postal Ballot Process and E-Voting Timeline

The company has issued a comprehensive postal ballot notice seeking shareholder approval for Mr. Wali's appointment as Independent Director through a Special Resolution. The postal ballot process will be conducted entirely through remote e-voting, in compliance with MCA circulars and SEBI regulations.

Director Profile and Expertise

Mr. Tej Kishen Wali brings over 43 years of experience in the power sector to the board. He is an Electrical Engineer from Thapar University Patiala and has completed a program on Material Management from IIM Ahmedabad. His professional experience spans across major organizations including Power Grid Corporation, NHPC Limited, and IFC/World Bank group.

Areas of Specialization

Mr. Wali's expertise encompasses multiple critical business domains:

• Procurement and supply chain management
• Project management and corporate planning
• Import and logistics operations
• Telecommunications
• HVDC long distance and back-to-back projects
• Experience with multilateral funding organizations including World Bank and ADB

Regulatory Compliance and Age Consideration

The postal ballot notice includes provisions for Mr. Wali's continuation as director beyond the age of 75 years. As he will attain 75 years on March 17, 2027, the Special Resolution seeks approval pursuant to Regulation 17(1A) of SEBI Listing Regulations for his continued directorship during the five-year term.

Shareholder Communication and Voting Process

The company is sending the postal ballot notice exclusively through electronic mode to shareholders whose email addresses are registered with the company or depositories. Shareholders holding shares as on the cut-off date of January 30, 2026, are eligible to participate in the e-voting process through CDSL's platform at www.evotingindia.com .

The appointment follows the recommendation of the company's Nomination & Remuneration Committee and aligns with SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The company has confirmed that Mr. Wali meets all independence criteria and is not debarred from holding directorial positions by any regulatory authority.