Dear Sir/Madam, Kindly find enclosed herewith Outcome for the Board Meeting held today May 30, 2026

Goenka Diamond & Jewels Limited has adopted its audited financial results for FY2026, but the auditor has issued a full Disclaimer of Opinion citing multiple material uncertainties. The company is under Corporate Insolvency Resolution Process (CIRP) - NCLT had rejected the resolution plan and initiated liquidation, but NCLAT has stayed this and ordered the IRP to keep the company as a going concern. Financial creditors have claimed Rs. 49,408.27 lakhs versus the book value of Rs. 17,730.38 lakhs, with Rs. 31,677.89 lakhs of interest and adjustments not accounted for. Trade receivables of Rs. 69,768.85 lakhs are unconfirmed with no Expected Credit Loss (ECL) provision made. Bank borrowings of Rs. 17,730.38 lakhs are classified as Non-Performing Assets. Standalone loss for the year was Rs. 150.33 lakhs on revenue of Rs. 213.33 lakhs. Foreign currency receivables and payables have not been restated since 2015-2017, understating exchange gains by Rs. 5,951.92 lakhs. Subsidiaries have negative net worth.