Simplex Castings Ltd. — Earnings Release 2025

Corporate Office : 32,Shivnath Complex G.E. Road, Supela, Bhilai - 490023 (C.G) India

Phone : +91-788-2290483 /84 /85 Fax : +91-788-2285664

E-Mail : [email protected] Website : www.simplexcastings.com

CIN : L27320MH1980PLC067459

Date: 30.05.2025

Sub: Outcome of the Board Meeting held on 30th May, 2025.

Dear Sir/Madam,

Pursuant to Regulation 30 read with Part A of Schedule III of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, this is to inform you that the Board of Directors in its meeting held on 30th May, 2025, inter-alia, considered and approved the following:

• 1. Audited Financial Results for the quarter and year ended on 31st March, 2025 pursuant to Regulation 33 of SEBI (Listing Obligations and Disclosure Requirement) Regulations 2015. The audit reports are submitted with unmodified opinion(s) and a declaration to that effect is enclosed.
• 1. Re-appointment of Mr. Ketan Moolchand Shah (DIN:00312343) as Whole Time Director designated as Chairman and Chief Executive Officer of the Company for a period of Five years with effect from 10.07.2025 to 09.07.2030.
• 1. Appointment of M/s Sashi Ranjan & Co., Cost Accountants (Firm Registration no.103830) as Cost Auditor for the FY 2025-26.
• 1. Reappointment of M/s Meena Naidu & Associates, Company Secretaries, as the Secretarial Auditor of the Company for a period of five consecutive financial years commencing from the Financial Year 2025-26 to FY 2029-30.
• 1. Reappointment of M/s M D N & Associates, as Internal Auditor of the Company for the FY 2025-26.
• 1. Approved the proposal to raise funds up to ₹ 14.17 Cr by issuing equity shares on a preferential basis, in accordance with Chapter V of the SEBI (Issue of Capital and Disclosure Requirements) Regulations, 2018. This is subject to the approval of shareholders and other requisite authorities.

Simplex Castings Ltd. Corporate Office : 32,Shivnath Complex G.E. Road, Supela, Bhilai - 490023 (C.G) India Phone : +91-788-2290483 /84 /85 Fax : +91-788-2285664 E-Mail : [email protected] Website : www.simplexcastings.com CIN : L27320MH1980PLC067459

• 1. Approved to calling the 01/2025-26 Extra Ordinary General Meeting (EGM) of the members of the Company on Saturday, 21st June, 2025, through Video Conferencing / Other Audio-Visual Means to seek shareholders' approval on matters approved by the Board.
• 1. Approval of the draft notice of the said EGM and authorization to a Director/KMP to issue the same to the members and other concerned parties.
• 1. Approved the appointment of M/s Meena Naidu & Associates , Practicing Company Secretaries as Scrutinizers for conducting the remote e-voting and voting during the EGM in fair and transparent manner.
• 1. Approved the appointment of Central Depository Services (India) Limited for providing evoting facility platform and conducting EGM through Video Conferencing /Other Audio Visual Means.

The details required under Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements ) Regulations, 2015 read with SEBI Circular no SEBI/HO/CFD/PoD2) CIR/P/0155 dated November 11, 2024 is enclosed as Annexure .

The results are being published and also made available on the website of the Company at www.simplexcastings.com. The meeting of the directors commenced at 11 A.M. and concluded at 12.00 P.M.

This is for your information and record.

Thanking You,

Yours faithfully,

For, Simplex Castings Limited

SANGEETA KETAN SHAH Digitally signed by SANGEETA KETAN SHAH Date: 2025.05.30 12:01:59 +05'30'

Sangeeta K Shah Managing Director DIN: 05322039

Corporate Office : 32,Shivnath Complex G.E. Road, Supela, Bhilai - 490023 (C.G) India

CIN : L27320MH1980PLC067459

Phone : +91-788-2290483 /84 /85 Fax : +91-788-2285664

E-Mail : [email protected] Website : www.simplexcastings.com

Date: 30.05.2025

Sub: Declaration pursuant to Regulation 33 (3) (d) of SEBI (Listing Obligation and Disclosure Requirements) (Amendment) Regulation, 2016.

Dear Sir/Madam,

Pursuant to Regulation 33 (3) (d) of SEBI (Listing Obligation and Disclosure Requirements) (Amendment) Regulation, 2016 we hereby declare and confirm that the M/s. Harsh Jain & Associates, Statutory Auditor of the Company has given an audit report with an unmodified opinion on the Audited Financial Results of the Company for the year ended on March 31, 2025.

Kindly take this declaration on your record.

For, Simplex Castings Limited

SANGEETA KETAN SHAH Digitally signed by SANGEETA KETAN SHAH Date: 2025.05.30 12:02:32 +05'30'

Sangeeta K Shah Managing Director DIN: 05322039

Corporate Office : 32,Shivnath Complex G.E. Road, Supela, Bhilai - 490023 (C.G) India

Phone : +91-788-2290483 /84 /85 Fax : +91-788-2285664

E-Mail : [email protected] Website : www.simplexcastings.com

CIN : L27320MH1980PLC067459

The particulars of Appointment of M/s Sashi Ranjan & Co., Cost Accountants (Firm Registration no.103830) as Cost Auditor for the FY 2025-26, are as under:

SANGEETA KETAN SHAH Digitally signed by SANGEETA KETAN SHAH Date: 2025.05.30 12:02:47 +05'30'

Corporate Office : 32,Shivnath Complex G.E. Road, Supela, Bhilai - 490023 (C.G) India

CIN : L27320MH1980PLC067459

Phone : +91-788-2290483 /84 /85 Fax : +91-788-2285664

E-Mail : [email protected] Website : www.simplexcastings.com

The particulars of reappointment of M/s Meena Naidu & Associates, Company Secretaries as the Secretarial Auditor of the Company for a period of five consecutive financial years commencing from the Financial Year 2025-26 to FY 2029-30, are as under:

SANGEETA KETAN SHAH Digitally signed by SANGEETA KETAN SHAH Date: 2025.05.30 12:03:06 +05'30'

Corporate Office : 32,Shivnath Complex G.E. Road, Supela, Bhilai - 490023 (C.G) India

Phone : +91-788-2290483 /84 /85 Fax : +91-788-2285664

E-Mail : [email protected] Website : www.simplexcastings.com

CIN : L27320MH1980PLC067459

The particulars of Reappointment of M/s M D N & Associates, as Internal Auditor of the Company for the FY 2025-26, are as under:

SANGEETA KETAN SHAH Digitally signed by SANGEETA KETAN SHAH Date: 2025.05.30 12:03:35 +05'30'

Corporate Office : 32,Shivnath Complex G.E. Road, Supela, Bhilai - 490023 (C.G) India

Phone : +91-788-2290483 /84 /85 Fax : +91-788-2285664

E-Mail : [email protected] Website : www.simplexcastings.com

CIN : L27320MH1980PLC067459

The particulars of Reappointment of Mr. Ketan Moolchand Shah (DIN:00312343) as Whole Time Director designated as Chairman and Chief Executive Officer of the Company for a period of Five years with effect from 10.07.2025 to 09.07.2030, are as under:

SANGEET A KETAN SHAH Digitally signed by SANGEETA KETAN SHAH Date: 2025.05.30 12:03:48 +05'30'

Corporate Office : 32,Shivnath Complex G.E. Road, Supela, Bhilai - 490023 (C.G) India

Phone : +91-788-2290483 /84 /85 Fax : +91-788-2285664

E-Mail : [email protected] Website : www.simplexcastings.com

CIN : L27320MH1980PLC067459

Issuance of Securities

SANGEETA KETAN SHAH

Digitally signed by SANGEETA KETAN SHAH Date: 2025.05.30 12:04:02 +05'30'

Corporate Office : 32,Shivnath Complex G.E. Road, Supela, Bhilai - 490023 (C.G) India

Phone : +91-788-2290483 /84 /85 Fax : +91-788-2285664

E-Mail : [email protected] Website : www.simplexcastings.com

CIN : L27320MH1980PLC067459

SANGEETA KETAN SHAH Digitally signed by SANGEETA KETAN SHAH Date: 2025.05.30 12:04:27 +05'30'

SANGEETA Digitally signed by SANGEETA KETAN SHAH Date: 2025.05.30 12:04:56

KETAN SHAH +05'30'

Corporate Office : 32,Shivnath Complex G.E. Road, Supela, Bhilai - 490023 (C.G) India

Phone : +91-788-2290483 /84 /85 Fax : +91-788-2285664

E-Mail : [email protected] Website : www.simplexcastings.com

CIN : L27320MH1980PLC067459

For, Simplex Castings Limited

SANGEETA KETAN SHAH Digitally signed by SANGEETA KETAN SHAH Date: 2025.05.30 12:05:10 +05'30'

Sangeeta K Shah Managing Director DIN: 05322039

DATE : 30.05.2025 PLACE:BHILAI

OFFICE ADDRESS PHONE FAX E-MAIL

Regd. Office : 601/602 A, FAIRLINK CENTER, OFF ANDHERI LINK ROAD, ANDHERI (W), MUMBAI -53 022-40034768 [email protected]

Kolkata : 119, PARK STREET, WHITE HOUSE 4th FLOOR KOLKATA - 700016 (W.B.) INDIA 08961045611 033-22493251 [email protected] Bhilai (Plant) : 5, INDUSTRIAL ESTATE, BHILAI - 490026 (C.G.) INDIA 0788-4015273 0788-4034188 [email protected]

Corporate Office : 32,Shivnath Complex G.E. Road, Supela, Bhilai - 490023 (C.G) India

Phone : +91-788-2290483 /84 /85 Fax : +91-788-2285664

E-Mail : [email protected] Website : www.simplexcastings.com

CIN : L27320MH1980PLC067459

STATEMENT OF ASSETS AND LIABILITIES AS ON 31st MARCH, 2025

SANGE ETA KETAN SHAH Digitally signed by SANGEETA KETAN SHAH Date: 2025.05.30 12:05:50 +05'30'

Kolkata : 119, PARK STREET, WHITE HOUSE 4th FLOOR KOLKATA - 700016 (W.B.) INDIA 08961045611 033-22493251 [email protected] Bhilai (Plant) : 5, INDUSTRIAL ESTATE, BHILAI - 490026 (C.G.) INDIA 0788-4015273 0788-4034188 [email protected]

Corporate Office : 32,Shivnath Complex G.E. Road, Supela, Bhilai - 490023 (C.G) India

E-Mail : [email protected] Website : www.simplexcastings.com

Phone : +91-788-2290483 /84 /85 Fax : +91-788-2285664

CIN : L27320MH1980PLC067459

For, Simplex Castings Limited

Sangeeta K Shah Managing Director DIN: 05322039

DATE : 30.05.2025 PLACE:BHILAI

SANGEET A KETAN SHAH

Simplex Castings Ltd.

Corporate Office : 32,Shivnath Complex G.E. Road, Supela, Bhilai - 490023 (C.G) India

Phone : +91-788-2290483 /84 /85 Fax : +91-788-2285664

E-Mail : [email protected] Website : www.simplexcastings.com

CIN : L27320MH1980PLC067459

Cash Flow Statement for the year ended 31st March, 2025

The Statement of Cash Flow has been prepared using Indirect method as per Ind AS 7.

For, Simplex Castings Limited

SANGEETA KETAN SHAH Digitally signed by SANGEETA KETAN SHAH Date: 2025.05.30 12:08:45 +05'30'

Sangeeta K Shah Managing Director DIN: 05322039

DATE : 30.05.2025 PLACE:BHILAI

INDEPENDENT AUDITOR'S REVIEW REPORT REVIEW ON $\Omega$ _F STANDALONE FINANCIAL RESULTS

To,

The Board of Directors of Simplex Castings Limited

Opinion:

We have audited the accompanying statement of standalone quarterly financial results of Simplex Castings Limited for the quarter ended 31st March 2025 and the year-to-date results for the period 1st April 2024 to 31st March 2025, attached herewith, being submitted by the company pursuant to the requirements of Regulation 33 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 (as amended), including relevant circulars issued by the SEBI from time to time.

In our Opinion and to the best of our information and according to the explanations given to us, these standalone financial results:

• (a) Are presented in accordance with requirements of regulation 33 of the listing regulation in this regard and,
• (b) Give a true and fair view in conformity with recognition and measurement principle laid down in the applicable accounting standards and other accounting principles generally accepted in India of the profit and other comprehensive income, changes in equity and other financial information for the quarter ended 31.03.2025 as well as year to date results for the period ended on 31.03.2025.

Basis of Opinion:

We conducted our audit in accordance with the Standard on Auditing ("SAs") specified under section 143(10) of the Companies Act, 2013 ("the Act"). Our responsibilities under those SAs are further described in the Auditor's responsibilities for the audit of standalone annual financial results section of our report. We are independent of the Company in accordance with the Code of Ethics issued by the Institute of Chartered Accountants of India together with the ethical requirements that are relevant to our audit of the financial statements under the provisions of the Act and the Rules thereunder, and we have fulfilled our ethical responsibilities in accordance with these requirements and the Code of Ethics. We believe that the audit evidence obtained by us is sufficient and appropriate to provide a basis for our opinion on the standalone annual financial results.

Management's and Board of Directors' responsibilities for the standalone annual financial results:

These standalone annual financial results have been prepared on the basis of the standalone annual financial statements. The Company's Management and the Board of Directors are responsible for the preparation and presentation of these standalone financial results that give a true and fair view of the net profit and other comprehensive income of the Company and other financial information in accordance with recognition and

measurement principles laid down in the Indian Accounting Standards prescribed under Section 133 of the Act read with relevant rules issued thereunder and other accounting principles generally accepted in India and compliance with Regulation 33 of the Listing Regulations. This responsibility also includes maintenance of adequate accounting records in accordance with the provisions of the Act for safeguarding of the assets of the Company and for preventing and detecting frauds and other irregularities; selection and application of appropriate accounting policies; making judgments and estimates that are reasonable and prudent; and the design, implementation and maintenance of adequate internal financial controls, were operating effectively for ensuring accuracy and completeness of the accounting records, relevant to the preparation and presentation of the standalone annual financial results that give a true and fair view and are free from material misstatement, whether due to fraud or that error.

In preparing the standalone annual financial results, the Management and the Board of Directors for assessing the Company's ability to continue as a going concern, disclosing, as applicable, matters related to going concern and using the going concern basis of accounting unless the Board of Directors either intends to liquidate the Company or to cease operations, or has no realistic alternative but to do so.

The Board of Directors is responsible for overseeing the Company's financial reporting process.

Auditor's responsibilities for the Audit of the standalone annual financial results:

Our objectives are to obtain reasonable assurance about whether the standalone annual financial results as a whole are free from material misstatement, whether due to fraud or error, and to issue an auditor's report that includes our opinion. Reasonable assurance is a high of assurance but is not a guarantee that an audit conducted in accordance with SAs will always detect a material misstatement when it exists. Misstatements can arise from fraud or error and are considered material if, individually or in the aggregate, they could reasonably be expected to influence the economic decisions of users taken on the basis of these standalone annual financial results.

As part of an audit in accordance with SAs, we exercise professional judgment and maintain professional skepticism throughout the audit. We also:

• (a) Identify and assess the risks of material misstatement of the standalone annual financial results, whether due to fraud or error, design and perform audit procedures responsive to those risks, and obtain audit evidence that is sufficient and appropriate to provide a basis for our opinion. The risk of not detecting a material misstatement resulting from fraud is higher than for one resulting from error, as fraud may involve collusion, forgery, intentional omissions, misrepresentations, or the override of internal control.
• (b) Obtain an understanding of internal control relevant to the audit in order to design audit procedures that are appropriate in the circumstances. Under Section $143(3)(i)$ of the Act, we are also responsible for expressing our opinion through a separate complete set of standalone financial statements on whether the Company has adequate internal financial controls with reference to standalone financial statements in place and the operating effectiveness of such controls.
• (c) Evaluate the appropriateness of accounting policies used and the reasonableness of accounting estimates and related disclosures in the standalone financial results made by the Management and Board of Directors.
• (d) Evaluate the appropriateness & reasonableness of disclosure made by the board of directors in terms of the requirements specified under Regulation 33 of the Listing regulations.
• (e) Conclude on the appropriateness of the Management and Board of Directors use of the going concern basis of accounting and, based on the audit evidence obtained, whether a material uncertainty exists related to events or conditions that may cast significant doubt the on appropriateness of this assumption. If we

conclude that a material uncertainty exists, we are required to draw attention in our auditor's report to related disclosures in the standalone financial results or, if such disclosures are inadequate, to modify our opinion. Our conclusions are based on the audit evidence obtained up to the date of our auditor's report. However, future events or conditions may cause the Company to cease to continue as a going concern.

• (f) Evaluate the overall presentation, structure and content of the standalone annual financial results, including the disclosures, and whether the standalone annual financial results represent the underlying transactions and events in a manner that achieves fair presentation.
• (g) Obtain sufficient and appropriate audit evidence regarding the Standalone financial results of the company to express an opinion on Standalone financial results.
• (h) We communicate with those charged with governance regarding, among other matters, the planned scope and timing of the audit and significant audit findings, including any significant deficiencies in internal control that we identify during our audit.
• (i) We also provide those charged with governance with a statement that we have complied with relevant ethical requirements regarding independence, and to communicate with them all relationships and other matters that may reasonably be thought to bear on our independence, and where applicable, related safeguards.

Materiality is the magnitude of misstatements in the Standalone Financial Results that, individually or in aggregate, makes it probable that the economic decisions of reasonably knowledgeable user of the Standalone Financial Results may be influenced. We consider quantitative materiality and qualitative factors in (i) planning the scope of our audit work and In evaluating the results of our work; and (ii) to evaluate the effect of any identified misstatements in the Standalone Financial Results.

Other Matters

The Statement includes the results for the quarter ended 31^st March 2025 being the balancing figure between the audited figures in respect of the full financial year and the published unaudited year to date figures up to the third quarter of the current financial year which were subject to limited review by us.

For, Harsh Jain & Associates Chartered Accountants FRN-007639C

CA Harsh Jain (Partner) M. No. 076736 UDIN: 25076736BMGWOB5230

Place: DURG Date: 30.05.2025