Please find letter enclosed w.r.t. Outcome of Board meeting.

Q4FY26 results: Standalone: Revenue 45.5bn +9.4% y-y (41.6bn) EBITDA 5.3bn +13.5% y-y (4.7bn) EBITDA margin 11.7% (11.2%) +50 bps y-y PBT 4.2bn +22.5% y-y (3.4bn) PAT 3.1bn +22.4% y-y (2.6bn) FY26 results: Standalone: Revenue 172.7bn +4.1% y-y (165.9bn) EBITDA 19.4bn +2.6% y-y (18.9bn) PBT 14.9bn +3.5% y-y (14.4bn) PAT 11.1bn +3.2% y-y (10.8bn) Dividend recommended: Rs 2.00/share (200%) for FY26, record date July 3, 2026. Commentary: Strong growth in auto OEM (+25% Q4), replacement and industrial infra businesses. Export business declined due to geopolitical issues. EBITDA margin improved despite commodity cost pressures. Lithium-ion cell project progressing with customer samples expected Q1 FY27.