Source Industries (India) Ltd

Dematerialisation processing and listing status

• Securities received for dematerialisation in the reporting quarter were confirmed to the depositories.
• The dematerialised securities have been listed on the stock exchange where the earlier securities are listed.
• Physical certificates received for dematerialisation were mutilated and cancelled; depositories substituted as registered owner within 15 days.

ARKA DEFENCE & LOCOMOTIVES LIMITED trading window closed from 01.10.2026 until 48 hours after the declaration of financial results for the quarter ended 30 September, 2026

Corporate identity & governance

• Name changed to Arka Defence & Locomotives Limited; certificate issued Aug 8, 2026.
• Registered office relocated to 1B Meenakshi Tech Park, Gachibowli, Hyderabad.
• Promoter stake reached 63.21% after open offer and control transition.
• Board reconstituted on July 28, 2025; CMD/MD and WTD appointments.

Financials (Standalone)

• Revenue from operations: Rs 54.27 Lakhs; Total income: Rs 57.65 Lakhs.
• Profit after tax: Rs 12.18 Lakhs; EPS: Rs 0.11.
• Net worth: Rs 442.22 Lakhs; Paid-up capital: Rs 1,140.31 Lakhs.

Capital structure

• Authorised capital: Rs 1,200.00 Lakhs; Paid-up capital: Rs 1,140.31 Lakhs.
• Short-term borrowings: Rs 20.00 Lakhs; Adjusted net debt: Rs 14.20 Lakhs.
• Current ratio: 6.67; Debt-equity ratio: 0.05.

Business strategy

• Two verticals: Railway Technologies and Defence Technologies.
• Strategic pivot from textiles to defence and locomotive components.
• Aim for IP-led, indigenous capabilities; pursue acquisitions.
• Railway/defence contributions expected to rise from FY2026-27.

Governance & compliance

• Board strength: 6 directors; 3 Executive, 3 Independent.
• Audit, Nomination & Remuneration, Stakeholders committees in place.
• Independent Directors met on 12 Feb 2026 for performance review.
• Secretarial audit by PS Rao & Associates; SEBI LODR compliance.

Subsidiaries & related parties

• No subsidiary, joint venture, or associate company.
• Related party transactions are arm's length and board-approved.
• RPT policy disclosed on company website.

Risks & opportunities

• RDSO certification and large tenders can impact bidding pace.
• Execution risk during transition; capital needs to deploy.
• Defence indigenisation policy favors domestic suppliers; AI/DT opportunities exist.

Audits & governance certificates

• Statutory auditors: PRSV & Co. LLP; no qualifications.
• Internal auditors: MMRS & Co.; CEO/CFO certifications provided.
• Secretarial compliance certificate issued; governance report attached.

Registered office change

• Previous: D6 IDA Patancheru Phase V, Patancheru, Hyderabad, Medak 502319, Telangana.
• New: 1B, Meenakshi Tech Park, 11th Floor, Block C, Phase 2, Gachibowli, Hyderabad 500032.
• Change within Telangana; local limits; no ROC change.
• Board approval obtained at meeting on 13 August 2026.

Meeting Details

• Board meeting scheduled on 13 August 2026; time and venue not disclosed.

Key Agenda Items

• Consider unaudited financial results for the first quarter ended 30 June 2026.

Other Notes

• No additional material items disclosed in this filing.

Dematerialisation status

• Dematerialisation requests were processed and confirmed to the depositories.
• Securities dematerialised were listed on the stock exchange where the earlier issues are listed.
• Physical certificates for dematerialisation were mutilated and cancelled; depository name substituted as registered owner within 15 days.

Source Industries (India) Ltd trading window closed from 01.07.2026 till the expiry of 48 hours after the declaration of financial results for the quarter ended 30th June, 2026

Purpose of EGM

• Approve change of company name and amend Memorandum and Articles of Association
• Adopt new set of Articles of Association as per Companies Act, 2013

Summary of Resolutions

• Resolution 1: Special resolution to change company name and amend constitutional documents
• Resolution 2: Special resolution to adopt new Articles of Association under Companies Act, 2013
• No promoter or director interest declared in either resolution

Voting Outcome

• Both special resolutions passed with 100% votes in favor and no opposition
• Total votes cast: 6,797,374 representing 59.61% of share capital

Shareholding and Control Impact

• No change to shareholding pattern or promoter control reported

Board and Management Changes

• No appointments or removals of directors or KMP changes reported