Standalone results for the September 30, 2026

Also decided at the meeting

• Appointed Mr. Sanjeev Keskar (DIN: 03441367) as Additional Independent Director w.e.f. November 5, 2026 up to the AGM in calendar year 2028, subject to shareholder approval.
• Appointed Price Waterhouse Chartered Accountants LLP as Joint Statutory Auditors to fill casual vacancy from cessation of Deloitte Haskins and Sells LLP (ineligible under Section 141(3)(e)).
• Reconstituted Audit, Nomination and Remuneration, Stakeholder Relationship and CSR Committees w.e.f. November 6, 2026.
• Authorised execution of SPA & SHA with Restar Corporation, Japan for secondary sale of 26% shareholding of Rashi Semiconductor Solutions Private Limited.
• Approved increase in Authorised Share Capital from Rs. 35,00,00,000/- to Rs. 50,00,00,000/- and alteration of Capital Clause of MoA, subject to shareholder approval.
• Approved raising funds not exceeding Rs. 900 Crores via QIP, preferential issue or other permissible modes, subject to shareholder approval.

Auditor's review

Conclusion: Unmodified

Notes to the results

• Exceptional item: gain of Rs. 414.28 millions on transfer of embedded business to Rashi Semiconductor Solutions Private Limited on slump sale basis for Rs. 637.93 millions.
• Acquired 67% equity shares of VDA Infosolutions Private Limited for Rs. 3,685 millions; balance 33% in three annual tranches of 11% by August 31, 2027, 2028 and 2029.
• Allotted 5,06,081 equity shares of Rs. 5/- each under ESOP Scheme 2022; paid-up shares increased from 6,58,99,665 to 6,64,05,746.
• Share-based payment charge of Rs. 38.43 millions (quarter) and Rs. 104.87 millions (six months) recognised for ESOPs granted.