:L03210TZ1985PLC001535

May 24,2025

M/s.BSE Limited | Floor, Exchange Plaza, C-1, Block G, New Trading Ring, Rotunda Building, BandraKurla Complex, Bandra (E), P.J.Towers, Dalal Street, Fort, Mumbai — 400 051 Mumbai - 400 001

THE CORPORATE RELATIONSHIP DEPT NATIONAL STOCK EXCHANGE OF INDIA LTD.,

Scrip Code :517059 Scrip Code : SALZERELEC

Dear Sirs,

Sub: Outcome of Board Meeting held on May 24,2025 Ref: Our letter dated May 07,2025

We wish to inform pursuant to Regulations 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 that our Board of Directors of the Company at their meeting held today, May 24, 2025 have, inter alia, considered and transacted the following business :-

1. Approved the Audited standalone as well as Consolidated Financial Results for the Fourth quarter and year ended March 31, 2025 and in pursuance of which, we have enclosed the following :
i. Enclosed the aforesaid Audited Standalone and Consolidated Results for the fourth Quarter end year ended March 31,2023 as Annexure -—A
ii. Declaration from the Joint Managing Director and Chief Financial Officer of the Company affirming the fact the Statutory Auditors of the company has issued Unmodified Opinion on the Standalone and Consolidated financial results as Annexure —B

Copies of both Standalone and consolidated Financial Results will be uploaded in the Company's website www.salzergroup.net

Further, Pursuant to Regulation 47 of SEB| LODR Regulations, an extract of the aforesaid financial results in the manner prescribed under the SEBI Listing Regulations will be published in English and Tamil newspapers within stipulated time.

Recommended a dividend of Rs.2.50/- per equity share having face value of Rs.10/- each for the financial year ended March 31,2025, subject to the approval of the shareholders at the ensuing Annual General Meeting,

1. Approved the Record Date as August 29, 2025 for the purpose of Dividend payment for the financial year 2024-25
4, Approved the Schedule of the 40th Annual General Meeting of the Company for the financial year 2024-25, be held on, Friday, September 12,2025 through Video Conferencing ("VC") / Other Audio-Visual Means ("OAVM'").
1. Appointed G.V. and Associates, Practicing Company Secretaries, Coimbatore as Secretarial Auditors of the Company for the first term of five (5) consecutive financial years commencing from the financial year 2025-26 subject to the approval of the shareholders at the ensuing Annual General Meeting.
1. Approved the appointment of Mr.A.R.Ramasubramania Raja, Practicing Cost Accountants as Cost Auditors of the Company for the financial year 2025-26, subject to confirmation of the Shareholders at the forthcoming Annual General Meeting
1. Appointed DAT & Associates, Chartered Accountants, as Internal Auditors for the Company for aterm of three years from Financial year 2025-26,

The details as required in respect of item No.5 to 7 under Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 read with SEBI Circular No. SEBI/HO/CFD/PoD2/CIR/P/0155 dated 11th November 2024, are enclosed as Annexure: C

Approved writing off the entire equity investment of Rs. 83 lakhs, representing 67% holding in the subsidiary company, Salzer Kostad EV Chargers Private Limited, as the venture to develop EV charging stations in partnership with Kostad, an Austrian company, was found to be operationally unviable, yielded no economic value from the investment, and has been fully impaired in accordance with Ind AS 36 in the financial year 2024-25, and suitably dealt with in the standalone results .

The details as required under Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 read with SEBI Circular No. SEBI/HO/CFD/PoD2/CIR/P/0155 dated 11th November 2024, regarding item no 8 is enclosed as Annexure: D

Approved writing off the entire investment of Rs. 34.75 lakhs, representing 98.50% holding in the step-down subsidiary, Salzer Emarch Electromobility Private Limited, held through Salzer EV Infra Private Limited, as the envisaged project for manufacturing vehicle conversion kits through step-down subsidiary was found to

be unsustainable in terms of operations, yielded no economic returns, and was fully impaired in accordance with Ind AS 36 in the financial year 2024—25, and suitably dealt with in consolidated results

The Meeting commenced at 11.30 am., and closed at4/6 pm Kindly take the same on record. Thanking you

Kindly take the same on record. Thanking you Yours faithfully For SALZERJELECTRONICS LTD K M Mur

Company Secretary & Compliance Officer

Encl: As above

					Annex uve-	PB
	SALZER ELECTRONICS	LTD.			—j—	ad —
	CIN : LO3210TZ1985PLC001535
	Statement of Standalone Audited Financial Results for the Fourth Quarter and year ended March 31, 2025
					Rs. In Lacs except for per share data
	Particulars		Quarter ended	31-03-2025 31-12-2024 31-03-2024	Year ended 31-03-2025	31-03-2024
		Refer Note No.ix	Un-Audited	Audited	Audited	Audited
1	Income
a.	Revenue From Operations	36,558.51]	33,381.91]	31,757.28)	1,38,292.59}	1,13,557.55
b.	Other Income	260.24	167.87	41.13	542.51	156.53
	Total Income	36,818.75)	33,549.78)	31,798.41)	1,38,835.10	1,13,714.08
2 a.	EXPENSES Cost of materials consumed	28,291.10]	25,644.47]	23,849.71]	1,08,266.51	87,604.26
b.	Purchase of stock-in-trade	0.00	-	0.00	0.00	0.00
b	Changes in inventories of finished goods,work-	-339.73]	(1,127.37)	75.92	-3,401.68	-735,24
"	lin-progress and stock-in-trade Employee benefit expenses	1,500.32)	1,419.88]	1,220.33	5,389.38	4,229.11
c. d.	Finance Cost	1,059.91}	1,049.05	896.41	4,079.67	3,367.26
e.	Depreciation and amortisation expense	569.88	587.90)	515.47	2,229.21	1,906.25
f,	Other expenses	4,489.23)	4,010.76]	3,519.30	15,544.89	11,439.34
	TOTAL EXPENSES PROFIT BEFORE EXCEPTIONAL ITEMS AND	35,570.71}	31,584.69)	30,077.14)	1,32,107.98]	1,07,810.98
3	TAX (1-2)	1,248.04;	1,965.09)	1,721.27	6,727.12	5,903.10
4	Exceptional items	-83.00	25.10	0.00	1,518.31	36.71
5	PROFIT BEFORE TAX	1,165.04)	1,990.19)	1,721.27	8,245.43	5,939.81
6	TAX EXPENSE Current Tax	240.73	519.54	413.97	1761.59	1423.93
	Deferred Tax	100.98	13.41	99.40	258.01	197.24
a. b.		341.71	532.95	513.37	2,019.60	1,621.17
	Total tax expense
7	PROFIT AFTER TAX (5-6)	823.33	1,457.24]	1,207.90	6,225.83	4,318.64
8	OTHER COMPREHENSIVE INCOME
'	Items that will not be reclassified to profit or loss	-42.38	-64.17	-28.48	11.00	68.09
b	Items that will be reclassified to profit or loss	mee	B80	nee	8.08	eee
	Total Other Comprehensive Income/ (Loss)	-42.38	-64.17	-28.48	11.00	68.09
	(net of tax)
9	TOTAL COMPREHENSIVE INCOME FOR THE PERIOD (7+8)	780.95	1,393.07}	1,179.42	6,236.83	4,386.73

	aa share capital - equity shares of RS.10/-)	568 57)	4,768.27]	1,738.27]	1,768.27	1,738.27
10 11 12	Reserves and Surplus (Other Equity) EARNINGS PER SHARE ( of Rs.10/- each)	-	-	-	51,259.79	44,868.41
a.	Basic (in Rs.)	4.66	8.22	6.95	35,30	25.77

Date : May 24, 2025 RAJESHKUMAR Place : Coimbatore JOINT MANAGING DIRECTOR

Samichettipalayam, Coimbatore - 641 047, India. Phone : + + 91 422 4233600 Fax :++91 422 2692170 ISO 9001] Irae (TRC lene E-mail : [email protected] Website : www.salzergroup.com

Notes forming part of above STANDALONE results

i) The above Audited financial results were duly reviewed by the Audit Committee at its meeting held on May 24, 2025, and were taken on record and approved by the Board of Directors at their meeting held on May 24, 2025.
ii) |The Company operates in only one segment viz., Electrical installation products.
iii) The Board recommended Dividend at the rate of 25% i.e Rs.2.50 per equity share of Rs.10/ each for the financial year 2024-25 and the Dividend, if approved by the shareholders, shall be payable to all eligible members whose names appearing in the Register of Members on the record date with the stipulated date
iv) During the Financial year review
a) 3,00,000 equity shares were allotted upon conversion of warrants exercised by warrant subscribers and thereby the paid up share capital of the Company increased from Rs.17,38,27,370 comprising of 1,73,82,737 equity shares of Rs.10/- each to Rs. 17,68,27,370 comprising of 1,76,82,737 equity shares of Rs.10/- each;
b) Subscribed additional 1,46,643 equity shares of Rs.10/- each for cash consideration of Rs.14.66 Lakh in Salzer EV Infra Private Limited, a wholly owned subsidiary company and
c) Sold out 1.60% equity stake in Subsidiary -Kaycee Industries Ltd in the market and generated a gain of Rs.16 Cr, and as the result of such sale, Holdings in this Subsidiary reduced to 71.91% with effect from
v) The Board of Directors approved writing off the entire equity investment of Rs. 83 lakhs, representing 67% holding in the subsidiary company, Salzer Kostad EV Chargers Private Limited, as the venture to develop EV charging stations in partnership with Kostad, an Austrian company, was found to be operationally unviable, yielded no economic value from the investment, and has been fully impaired in accordance with Ind AS 36 in the financial year 2024-25, and suitably dealt with in the standalone results
vi) Exceptional item represents net gain of Rs.1518.31 lakh, arising from sale of investment in Kaycee Industries Limited (Rs.1601.31 lakh), adjusted for impairment of investment in Salzer Kostad EV Chargers Private Limited (Rs.83 lakhs) under Ind AS 36
d) Basic Earnings per share and Diluted Earnings per Share have been prepared in accordance with IND AS 33 and presented on the expanded capital prevailing on the relevant date.
e) Comparative figures have been regrouped / reclassified wherever necessary to confirm to current period's presentation.
f) The Figures for the quarter ended March 31, 2025 are the balancing figures between the audited figures in respect of the full financial years and the published year to date figures upto the third quarter of the Financial year;

For SALZER ELECTRONICS LIMITED

Coimbatore - 641 047, May 24,2025

_=——D RAJESHKUMAR JOINT MANAGING DIRECTOR CHIEF FINANCIAL OFFICER (DIN:00003126)

STANDALONE AUDITED STATEMENT OF THE ASSETS AND LIABLITIES AS AT 31.03.2025

SALZER	ELECTRONICS LTD.
			Salar
	STANDALONE AUDITED STATEMENT OF THE ASSETS AND LIABLITIES AS AT 31.03.2025
	Particulars ASSETS	3/31/2025	3/31/2024 Rs. In Lacs
	1 Non-current Assets
	(a) Property, Plant and Equipment	29002.28	24977.27
	(b) Capital Work in progress	262.04	239.75
	(c) Investment Property	0.77	0.77
	(d) Goodwill (e) Intangible Assets	93.42 391.97	135.24 285,40
	(f) Financial Assets
	i. Investments	1779.11	1759.42
	ii, Trade Receivables	0	0
	iii. Others	253.57	191.37
	(f) Other Non-Current Assets	815.23	530.23
	Total Non-Current Assets	32,598.39	28,119.45
	2 Current Assets
	(a) Inventories (b) Financial Assets	36399.86	28962.08
	i. Investments	855.69	693.06
	ii. Trade Receivables	40850.05	33152.00
	iii. Cash and Cash equivalents	164.94	132.03
	iv. Other Bank balances	365.82	276.76
	v. Loans	141.91	137.79
	vi. Others	231.92	297,68
	(c))Other Current Assets	4899.56	5241.12
	Total Current Assets	83909.75	68892.52
	TOTAL ASSETS EQUITY AND LIABILITIES	1,16,508.14	97,011.97
	EQUITY
(a)	Equity Share Capital	1,768.27	1,738.27
(b)	Instruments entirely equity in Nautre - Non	0.00	0.00
	Cumulative 5% Covertible Preference shares
(b)	Other Equity	51259.79	44868.41
	Total Equity LIABILITIES	53,028.06	46,606.68
	1 Non-current Liabilities
(a)	Financial Liabilities
	i. Borrowings	2259.75	1298.75
	(b) Provisions	1.77	85.86
(c)	Deferred tax liabilites (net)	2699.49	2458.10
	Total Non-current Liabilites	4961.01	3842.71
	2 Current Liabilities
	(a) Financial Liabilities	39561.64	29488.18
	i. Borrowings
	ii. Trade Payables iii, Others	16454.73 92.71	14521.60 124.09
	Other Current Liabilites	1267.21	1165.62
		973.65	1055.92
(b)
(c) (d)	Provisions Current Tax Liabilities (Net)	169.13	207,17
	Total Current Liabilites	58519.07	46562.58

Samichettipalayam, Coimbatore - 641 047, IndiaXs-~ ff Phone : + + 91 422 4233600 Fax : + +91 422 26921 708===*" E-mail : [email protected] Website : www.salzergroup.com

q on aT Te, wa s OA,

SALZER ELECTRONICS LIMITED, COIMBATORE
Standalone Cash Flow Statement for the Year ending 31st March, 2025 PARTICULARS	RS IN LAKHS Year ending 31st March,	RS IN LAKHS Year ended 31st March,
CASH FLOW FROM OPERATING ACTIVITIES A.	2025	2024
Profit/(Loss) after tax	6,225.83	4,318.64
Adjustments for:
Tax expenses	2,019.60	1,621.16
Depreciation and Amortisation Interest from Bank Deposits	2,229.21 -29.45	1,906.25 -33.48
Finance Costs	4,079.67	3,367.26
Gain on Foreign Exchange Fluctuations (Net) Lease Rental Charges-Machinery	-287,.77	-32.77
Dividend Income against Other Investments	217.47 -53.38	200.19 -32.90
Profit on Sale of Investments (Kaycee)	-1,601.31	-36.71
Profit or Loss on Sale of Assets (Net)	247.76	-0.35
Fair Valuation of Investments Impairement on Goodwill	47,09 41.82	177.42 55.46
Impairment of Investments	83.00	-
Non-operating Income	-171.91	-57.01
Other Comprehensive Income Operating Profit before working capital changes	-52.70 12,994.93	-72.00 11,381.15
Adjusted for working capital changes
Changes in Inventories	-7,A37.77	-1,957.06
Changes in Trade Receivables and Other Receivables Changes in Other Current Assets	-7636.40 341.55	-4,793.94 -1,015.17
Changes in Trade Payables and Other Payables	1,901.75	-831.01
Changes in Other Current Liabilities	-64.78	437.28
Cash Generated from Operations	99.28	3,221.25
Direct Taxes Paid Net Cash Flow from Operating Activities	-1798.92 -1,699.64	-1,216.75 2,004.50

CASH FLOW FROM INVESTING ACTIVITIES B.
Investments In Fixed Assets	-6,864.73	-4,310.86
Increase/Decrease in Capital Work in Progress Non-Operating Income	-22.29 171.91	-176.65 57.01
Proceeds from Sale of Investments	1,779.53	100.32
Proceeds from Sale of Fixed Assets	256.19	3.13
Investment in Mutual Funds and Equities-Net Investment in Subsidiary/Associate	-162.63 -17.67	-270.26 -59.00
Other Non-Current Investments	-263.94	-0.05
Other Non-Current Assets-Advance given for Capital Expenses	-347.20	264.41
Dividend Income	53.38	32.90
	29,45 -89.06	33.48
Interest from Bank Deposits Increase in Other Bank Balances		385.20

Samichettipalayam, Coimbatore - 641 047, India. Phone : + +91 422 4233600 Fax: ++ 91 422 2692170 Registered E-mail : [email protected] Website : www.salzergroup.com CIN : LO3210TZ1985PLC001535

CASH FLOW FROM FINANCING ACTIVITIES C.

	10,067.79 5.67	2,548.24 -
	-208.89	2,297.57
	30.00	-
	805.50	-
	932.75	520.69
	28.24	-
	-4,079.67	-3,367.26
	287.77	32.77
	-217.47	-200.19
	-442.08	-367.00
	7,209.61	1,464.82

	32.91	-471.05
	132.03	603.08
Proceeds from Short Term Borrowings Increase in Current Maturity of Leased Liabilities Money received against Share Warrants-Net Increase in Share Capital Increase in Share Premium Long term Borrowings-Receipts Increase in Net Liability in Leased Assets Interest and Finance Charges Gain on Foreign Exchange Fluctuations (Net) Lease Rental Charges-Machinery Dividend and Dividend Tax Paid Net Cash Generated from Financing Activities Net Increase in Cash and Cash Equivalents (A+B+C Cash and Bank balances at the Beginning of the Year Less: Bank Balances not considered as Cash and Cash equivalent Cash and Bank balances at the End of the Year	" 164.94	-

Samichettipalayam, Coimbatore - 641 047, India. Phone : ++ 91 422 4233600 Fax : + +91 422 2692170 ISO 9001 EPI E-mail : [email protected] Website : www.salzergroup.com CHARTERED ACCOUNTANTS

90, Co-Operative "A" Colony, K.K. Pudur, Coimbatore - 641 038. Ph : 0422 - 2446537, 4384536 E-mail : [email protected]

Ref. No. : Date : Dyle s|anae" Pursuant to the Regulation 33 of the SEBI (Listing Obligations and Disclosur ements) Regulations, 2015, as amended

The Board of Directors of Salzer Electronics Limited Coimbatore -641047

Report on the audit of the Standalone Financial Results

Opinion

We have audited the accompanying statement of standalone annual financial results of Salzer Electronics Limited (the "Company") for the year ended March 31, 2025 ("Statement"), attached herewith, being submitted by the Company pursuant to the requirement of Regulation 33 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, as amended (the "Listing Regulations").

In our opinion and to the best of our information and according to the explanations given to us, the Statement:

i, is presented in accordance with the requirements of the Listing Regulations in this regard; and
ii. gives a true and fair view in conformity with the applicable accounting standards and other accounting principles generally accepted in India, of the net profit and other comprehensive income, and other financial information of the Company for the year ended March 31, 2025.

Basis for Opinion

We conducted our audit in accordance with the Standards on Auditing (SAs) specified under section 143(10) of the Companies Act, 2013, as amended (the "Act"). Our responsibilities under those Standards are further described in the "Auditor's Responsibilities for the Audit of the Standalone 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 rea ents that are

Swamy & Ravi CHARTERED ACCOUNTANTS 90, Co-Operative "A" Colony, K.K. Pudur, Coimbatore - 641 038. Ph : 0422 - 2446537, 4384536 E-mail : [email protected]

ef, No. : Binie ules ] 2096

relevant to our audit of the financial statements under the provisions of the Act and the Rules thereunder, and we have fulfilled our other 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.

Management's Responsibilities for the Standalone Financial Results

The Statement has been prepared on the basis of the standalone annual financial statements. The Board of Directors of the Company are responsible for the preparation and presentation of the Statement that gives a true and fair view of the net profit and other comprehensive income of the Company and other financial information in accordance with the applicable accounting standards prescribed under Section 133 of the Act read with relevant rules issued thereunder and other accounting principles generally accepted in India and in compliance with Regulation 33 & 52 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, that were operating effectively for ensuring the accuracy and completeness of the accounting records, relevant to the preparation and presentation of the Statement that give a true and fair view and are free from material misstatement, whether due to fraud or error.

In preparing the Statement, the Board of Directors are responsible for assessing the Company's ability to continue as a going concern, disclosing, as applicable, matters relating 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 are also responsible for overseeing the Company's financial reporting process

Auditor's Responsibilities for the Audit of the Standalone Financial Results

Our objectives are to obtain reasonable assurance about whether the Statement is 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 level 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 fronrfraudvor error and are fa

Swamy & Ravi

CHARTERED ACCOUNTANTS

90, Co-Operative "A" Colony, K.K. Pudur, Coimbatore - 641 038. Ph : 0422 - 2446537, 4384536 E-mail : [email protected]

Ref. No.: Date : 2D 2!

considered material if, individually or in the aggregate, they could id reasonabl lps] 2026 to influence the economic decisions of users taken on the basis of the Statement.

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

Identify and assess the risks of material misstatement of the Statement, 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.
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 on whether the company has adequate internal financial controls with reference to financial statements in place and the operating effectiveness of such controls.
Evaluate the appropriateness of accounting policies used and the reasonableness of accounting estimates and related disclosures made by the Board of Directors.
Conclude on the appropriateness of the 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 on the Company's ability to continue as a going concern. If we conclude that a material uncertainty exists, we are required to draw attention in our auditor's report to the related disclosures in the 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.
Evaluate the overall presentation, structure and content of the Statement, including the disclosures, and whether the Statement represents the underlying transactions and events in a manner that achieves fair presentation.

Swamy & Ravi CHARTERED ACCOUNTANTS 90, Co-Operative "A" Colony, K.K. Pudur, Coimbatore - 641 ⁰³⁸Ph : 0422 - 2446537, 4384536 . E-mail : [email protected] ^N

Ref. No. : Date: ANS 20%

We communicate with those charged with governance regarding, amon her 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.

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.

Other Matter

The Statement include the results for the quarter ended March 31, 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 nine months ended December 31, 2024 which were subject to limited review by us.

Place: Co} a. For SWAMY & RAVI

Qh 223555 BMINVRISHZ IAGurd-

[= { CSET Date: May 24, 2025 CAN / s/ NCaccowyy

AN ~

lo/ '2 For Swamy & Ravi

wb me Chartered Accountants UDIN Firm: Regn. Gg Mo: 3 60 N4317S

S. Alamelu Partner M. Mo: 223555

SALZER ELECTRONICS LTD. CIN : LO3210TZ1985PLC001535 Sazsazer

ELECTRONICS SALZER	LTD.			Sazsazer
CIN : LO3210TZ1985PLC001535
Statement of Consolidated Audited Financial Results for the Fourth Quarter and year ended March 31, 2025					Rs. In Lakhs
	3/31/2025	Quarter ending 12/31/2024	3/31/2024	Year ending 3/31/2025	3/31/2024
	Ref. Note No. ti	Unaudited	Audited	Audited	Audited
INCOME
Revenue From Operations b Other Income	37,573.07 248.45	34,146.09 171.51	32,657.03 25.06	1,41,832.84 533.97	1,16,631.43 194.76
TOTAL INCOME	37,821.52	34,317.60		1,42,366.81	1,16,826.19
			32,682.09
EXPENSES
Cost of materials consumed	27,365.23	25,915.39	24,237.53	1,08,295.99	88,846.68
Purchase of Stock-in-Trade Changes in inventories of finished goods and work-in-progress	1,267.53 -302.83	0.00 -1,123.09	0.00 68.77	1,267.53 -3,369.15	-747.15
Employee benefit expenses	1,634.52	1,553.27	1,327.28	5,896.87	4,664.28
Finance Cost Depreciation and amortisation expense	1,067.84 596.66	1,056.31 617.67	906.07 541.66	4,113.73 2,341.79
Other expenses	4,693.87	4,201.62	3,715.00	16,352.00
TOTAL EXPENSES PROFIT BEFORE EXCEPTIONAL ITEMS AND TAX (1-2)	36,322.82 1,498.70	32,221.17 2,096.43	30,796.31 1,885.78	1,34,898.76 7,468.05
Exceptional items	0.00	0.00	0.00	0.00
PROFIT BEFORE TAX TAX EXPENSES	1,498.70	2,096.43	1,885.78	7,468.05
Current Tax	309.19	557.14	461.56	1,969.73
Deferred Tax	96.06	10.90	92.38	249.77
Total Tax Expense Share of profit from Associate	405.25 133	568.04 (3.43)	553.94	2,219.50 -2.10
PROFIT AFTER TAX (5-6)	1094.78	1,524.96	1331.84	5,246.45
a Attributable to Owners of the Company (Holding Co) b Attributable to Non-controlling Interest	1,018.53 76.25	1,498.94 26.02	1,290.15 41.69	4,603.06 643.39
OTHER COMPREHENSIVE INCOME					3,408.58 2,011.22 12,169.66 1,10,353.27 6,472.92 6,472.92 1,576.15 190,21 1,766.36 4706.56 4,587.52 119.06
Items that will not be reclassified to profit or loss Items that will be reclassified to profit or loss	-46,71 0.00	(63.89) 0.00	-34.31 0.00	6.95 0.00
Total Other Comprehensive Income/ (Loss) (net of tax)	-46.71	-63.89	-34,31	6.95	62.25 62.25
10 TOTAL OTHER COMPREHENSIVE INCOME FOR THE PERIOD	1,048.07	1,461.07	1,297.53	5,253.40	4,768.81
Attributable to Owners of the Company (Holding Co) b Attributable to Non-controlling Interest	971.82 76,25	1,434.76 26,31	1,257.39 40,14	4,611.14 642.26	4,651.30 117.51
Share Capital (Equity Shares of Rs.10/- each)	1,768.27	1,768.27	1,738.27	1,768.27	1,738.27
Reserves and Surplus (Annualized)				52,686.62	45,607.87
EARNINGS PER SHARE Basic after exceptional items (in Rs.)	6.19	8.77	7.42	35.30	27.38

Date ; May 24,2025 Place : Coimbatore

Samichettipalayam, Coimbatore - 641 047, India. Phone : + + 91 422 4233600 Fax :++91 422 2692170 E-mail : [email protected] Website : www.salzergroup.com

Notes forming part of above CONSOLIDATED results

i) Holding Company and Subsidiary company are primarily engaged in manufacturing only one segment (single segment) viz., Electrical installation products;
ii) The Board of Directors approved writing off the entire investment of Rs.34.75 lakhs, representing 98.50% holding in the step-down subsidiary, Salzer Emarch Electromobility Private Limited, held through Salzer EV Infra Private Limited, as the envisaged project for manufacturing vehicle conversion kits through step-down subsidiary was found to be unsustainable in terms of operations, yielded no economic returns, and was fully impaired in accordance with Ind AS 36 in the financial year 2024-25, and suitably dealt with in consolidated results
iii) The above audited financial results were duly reviewed by the Audit Committee at its meeting held on May 24, 2025 and were taken on record and approved by the Board of Directors at their meeting held on May 24, 2025 along with the Audit report issued by the Statutory Auditor on Financial Results;
iv) The figures of the last quarter are the balancing figures between the audited figures in respect of the full financial year and the published year to date figures upto the third quarter of the respective financial years, which were subjected to limited review. Figures for the previous periods have been regrouped, wherever necessary, to conform to the current period's classification.

For SALZER ELECTRONICS LIMITED

Coimbatore - 641 047. 3 May 24,2025 JOINT MANAGING

al D RAJESHKUMAR DIRECTOR CHIEF FINANCIAL OFFICER (DIN:00003126)

SALZER ELECTRONICS LTD.

SALZER	ELECTRONICS LTD.	Salzer
















	CIN : LO3210TZ1985PLC001535
	AUDITED CONSOLIDATED BALANCESHEET AS ON 31/03/2025
		RS. IN LAKHS As at	As at
Particulars I	ASSETS	Mar 31, 2025	Mar 31, 2024
-	Non-current Assets Property, Plant and Equipment
(a) (b)	Capital Work in progress	29724.47 262.04	25826.88
(c) (a)	Investment Property [Goodwill	0.77 732.73
(e) (f)	Intangible Assets Financial Assets	403.42
	i, Investments	1128.48
(f)	iii, Others Other Non-Current Assets	431.67 843.81
2	Total Non-Current Assets Current Assets	33,527.39	27,998.96
(a) (b)	Inventories Financial Assets	36773.36	29348.64
	i, Investments ii. Trade Receivables	882.42 40547,62	696.18 34316.82
	iii, Cash and Cash equivalents	351.55	324,93
	iv. Other Bank balances v. Loans	571.83 141,91	882.29 770.74
(c)	vi. Others Other Current Assets	231.92 4947.93	302.65 4678.32
	Total Current Assets TOTAL ASSETS	84,448.54 1,17,975.93	71,320.57 99,319.53

I 1	EQUITY AND LIABILITIES EQUITY
(a) (b)	Equity Share Capital Other Equity	1768.27 52686.62	1738.27 45607.87
	Equity attributable to the Owners of the Company Non Controlling interest	54,454.89	47,346.15
	Total Equity	838,72 55,293.61	694,49 48,040.64
2	LIABILITIES
(1) {a)	Non-current Liabilities Financial Liabilities
	i, Borrowings ii. Lease Liabilities	2231.51 305,09	1298.75 362.70
	iii. Other financial liabilities	7.75
(b) (c)	[Provisions Deferred tax liabilites (net)	20.76 2691.59	101.30 2459.79
(d)	Other Non-Current Liabilities Total Non-current Liabilites	26.45 5,283.15	4,248.99
(2)	Current Liabilities
	Financial Liabilities
{a)	i, Borrowings ii. Current maturity of Leased liability	39555.97 57.60	29488,18
	iii. Trade Payables a. Due to Micro & Small Enterprises	2011.39	1340.22
	b, Due to Others	13091.20	9031.72 180.36
		98.35 1385.47	6465.36
(b)	iii, Others Other Current Liabilites		279.14
(c) (d)	Provisions Current Tax Liabilities (Net)	996.28 202,91	244,93
	Total Current Liabilites	57,399.17	47,029.90

CIN ; LO3210TZ1985PLC001535				Salzer


	SALZER ELECTRONICS LIMITED
CONSOLIDATED CASH FLOW STATEMENT FOR THE YEAR ENDED MARCH 31, 2025		Year Ended
		31.03.2025		Year Ended 31.3.2024
A. CASH FLOW FROM OPERATING ACTIVITIES		Amount in Rs.(Lacs)		Amount in Rs.(Lacs)

Net profit after tax		5,250.66		4,706.56
Adjustments for: Tax Expenses	2,219.50		1,766.35
Depreciation	2,341.79		2,011.22
Interest Income	-60.20		-57.26
Finance Costs	4,113.73		3,408.58
Rental Income Lease Rental Income from Machinery	-13.06		-5.10
(Gain)/Loss on Foreign Exchange Fluctuations (net)	-2,38 -287,77		-28.00 "32.77
Dividend Income	-6.72		-4.79
Impairment of Goodwill (Profit) / Loss on sale of Investments	41.82		55.46 "Bio
(Profit) / Loss on sale of Fixed Assets	r 247,81		-1.65
Fair valuation of investments	47.28		-
Other Non Operating Income Other Comprehensive Income	-60.06 -58.30	8,523.44	-4.88 5.84	7,098.01
Operating Profit before working capital changes		13,774.10		11,804.57
Add: Adjustments for working capital changes
Inventories Trade and other receivables	7,424.72 -§,531.23		-1,968.55 -4,873,49
Other Current Assets	-269.61		-1,030.59
Trade and other Payables	5,366.57		-836.39
Other Liabilities	-5,080.66	-12,939.65		296.05 = -8,412.97
Cash generated from operations		834.45		3,391.60
Direct tax paid		-1,963.10		-1,334.33
Net cash from operating activities		-1,128.65		2,057.27
B. INVESTING ACTIVITIES :
investments in Fixed assets (Net)	-6,945.22		~4,202.22
Increase/ Decrease in Capital Work in Progress	-22.29		-176.66
Non Operating Income	60.06		4.88
Proceeds from Sale of Fixed Assets Rental Income Received	357.60 13.06		43.74 5,10
Changes in Other Bank Balances	310.46		128.61
Changes in Other Non-Current Financial Assets	-147.60		"127,72
Changes in Other Non-Current Assets	-286.31		333,35
Investment in Mutual Funds and Equitites (Net)	~186.24		-273.38
Dividend Received Interest Received	6.72 60.20		479 57.26
Non-Current Investments Made	-1,116.03	-7,895.59	0.05	4,202.25

Net cash used in investing activities		-7,895.59		4,202.25

Samichettipalayam, Coimbatore - 641 047, India, ssa Phone : + + 91 422 4233600 Fax : + + 91 422 2692170 E-mail : [email protected] Website : www.salzergroup.com ies "A x

C. FINANCING ACTIVITIES:

SALZER ELECTRONICS	LTD.

C. FINANCING ACTIVITIES:
Proceeds/(Repayment) from Short Term Borrowings	10,067.79		2,548.24
Sale Proceeds from Sale of Shares of Kaycee by Salzer	1,778.95		100.27
Changes in Current Maturities of Lease Liabilities	-
Changes in Long-term Maturities of Lease Liabilities	-		- -
Changes in Other Non-Current Financial Liabilities	fe		-1.38
Money received against share warrants	-208,89		2,297.57
Increase in Share capital	30.00
Increase in Share Premium	805.50		:
Long Term Borrowings -Receipts	932.75		- 520.69
Increase/(Repayment) of non current liabilities	-80.54		1.38
Interest and finance Charges	4,113.73		-3,408.58
Lease Rental Income from Machinery	2.38		28,00
Gain/(Loss) on Foreign Exchange Fluctuations	287.77		32.77
Dividend and dividend tax paid	-458.88	9,050.85	-376.97	1,741.99
Net cash from financing activities		9,050.85		1,741.99

Net increase in cash and cash equivalents (A+B+C)		26.61		-402.99
ADD: Upon addition of new Subsidiary				65.60
Add : Opening Cash and Cash Equivalents		324.93		727.92
Closing Cash balance		351,54		324.93

Swamy & Ravi

CHARTERED ACCOUNTANTS 90, Co-Operative "A" Colony, K.K. Pudur, Coimbatore - 641 038. Ph : 0422 - 2446537, 4384536 E-mail : [email protected]

Ref. No. : Date : a ul

Independent Auditor's Report on Audited Consolidated Annual Financia Ue f the Company Pursuant to Regulation 33 of SEBI (Listing Obligation and Disclosure Requirement) Regulation, 2015.

To the Board of Directors Salzer Electronics Limited Coimbatore-641047

We have audited the accompanying Statement of Consolidated Financial Results of Salzer Electronics Limited ("the Parent") and its subsidiaries {the Parent and its subsidiaries together referred to as ("the Group"), and its share of the net profit/loss after tax and total comprehensive gain /loss of its associates for the year ended March 31,2025 ("the statement"), being submitted by the Parent pursuant to the requirement of Regulation 33 of the SEBI {Listing Obligations and Disclosure Requirements) Regulations, 2015, as amended ("Listing Regulations").
In our opinion and to the best of our information and according to the explanations given to us and based on the consideration of the report of the other auditors on separate audited financial statements/ financial results/ financial information of the subsidiaries and associates, the aforesaid consolidated annual financial results:
- |. The Statement includes the results of the following entities:
- a) Parent Company
  - i. Salzer Electronics Limited
- b) Subsidiaries
  - i. Kaycee Industries Limited
  - ii. Salzer EV Infra Private Limited (Wholly owned subsidiary)
  - iii. Salzer Electronics Arabia Limited (Wholly Owned Overseas Subsidiary) — With effect from September 30,2024- Only Incorporation done and not yet commenced
  - iv. Salzer Kostad EV Charges Private Limited

CHARTERED ACCOUNTANTS 90, Co-Operative "A" Colony, K.K. Pudur, Coimbatore - 641 038. Ph : 0422 - 2446537, 4384536 E-mail : [email protected]

sous . "os SI" Ref. No. : c) Subsidiary of Salzer EV Infra Private Limited Dan: uy \os |B 2s

i. Salzer Emarch Electro mobility Private Limited (Step-down Subsidiary)
d) Associate of Subsidiary company
i. ULTRA fast charges
ll. are presented in accordance with the requirements of Regulation 33 and 52 of Listing Regulations in this regard; and
Ill. give a true and fair view in conformity with applicable Indian Accounting standards, and other accounting principles generally accepted in India, of the consolidated net profit and other comprehensive income and other financial information of the group and associates for the financial year ended March 31, 2025.
IV. Basis for Opinion:
1. We conducted our audit in accordance with the standard on Auditing (SA) specified under Section 143(10) of the Companies Act,2013. Our responsibilities under those Standards are further described in the "Auditor's Responsibilities for the Audit of the consolidated Financial Results" section of our report. We are independent of the Group and its associates 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 consolidated financial statements under the provisions of the Act and the Rules thereunder, and we have fulfilled our other ethical responsibilities in accordance with these requirements and the Code of Ethics. We believe that the audit evidence obtained by us and other auditors in terms of their report referred to in "Other Matters" paragraph below, is sufficient and appropriate to provide a basis of opinion.
1. Board of Director's Responsibilities for the Consolidated Annual Financial Results:

These consolidated annual financial results have been prepared based on the consolidated annual financial statements. The Holding Company's Board of directors are responsible for the preparation and presentation of these consolidated annual financial results that give a true and fair view of the net

Swamy & Ravi

CHARTERED ACCOUNTANTS 90, Co-Operative "A" Colony, K.K. Pudur, Coimbatore - 641 038. Ph : 0422 - 2446537, 4384536 E-mail : [email protected] Ou Ds] Op

Ref. No. : profit and other comprehensive income and other finang],information of the Group including its associates in accordance with 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 in compliance with the Regulations 33 of the Listing Regulations. The respective Board of Directors of the companies included in the Group and of its associates are responsible for maintenance of adequate accounting records in accordance with the provisions of the Act for safeguarding of the assets each 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, that were operating effectively for ensuring accuracy and completeness of the accounting records, relevant to the preparation and presentation of the consolidated annual financial results that give a true and fair view and are free from material misstatement, whether due to fraud or error, which have been used for the purpose of preparation of the consolidated annual financial results by the Board of Directors of the Holding Company, as aforesaid.

In preparing the consolidated annual financial results, the respective Board of Directors of the companies included in the Group and of its associates are responsible for assessing the ability of the Group and its associates to continue as a going concern, disclosing, as applicable, matters related to going concern, and using the going concern basis of accounting unless the respective Board of Directors either intends to liquidate the Group or to cease operations, or has no realistic alternative but to do so.

During the year, the Holding Company has written off its entire investments in its subsidiary, Salzer Kostad EV Chargers Private Limited, and in its step-down subsidiary, Salzer Emarch Electromobility Private Limited, considering lack of operational viability, and absence of future economic benefits expected from these entities. Based on this assessment, the respective Board of Directors of the Group companies have evaluated the recoverability and carrying values of these investments, and concluded that the write-off is appropriate. The Board of Directors, however, continues to prepare the consolidated financial results on a going concern basis for the remaining operations of the Group.

The respective Board of Directors of the companies included in the Group and of its associates are responsible for overseeing the financial reporting process of the Group and of its associates. OMY BR

Ref. No. :

Date: XY los | 20.26

Auditor's Responsibilities for the Audit of the Consolidated Annual Financial esu

Our objectives are to obtain reasonable assurance about whether the consolidated 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 high level 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 aggregate, they could reasonably be expected to influence the economic decisions of users taken on the basis of these consolidated annual financial results.
As part of an audit in accordance with SAs, we exercise professional judgment and maintain professional scepticism throughout the audit. We also:
e Identify and assess the risks of material misstatement of the consolidated 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.
e 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 on whether the company has adequate internal financial controls with reference to financial statements in place and the operating effectiveness of such controls.
e Evaluate the appropriateness of accounting policies used and the reasonableness of accounting estimates and related disclosures made by the Board of Directors
e Conclude on the appropriateness of the 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 en doubt on the ability of the Group to continue 2 as. ag 'gar 12) |

Swamy & Ravi

CHARTERED ACCOUNTANTS 90, Co-Operative "A" Colony, K.K. Pudur, Coimbatore - 641 038. Ph : 0422 - 2446537, 4384536 E-mail : [email protected] a Tp

Ref. No. : draw attention in our auditor's report to the relatgddisclosures in the Consolidated Annual 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 Group to cease to continue as a going concern
e Evaluate the overall presentation, structure and content of the Consolidated Annual Financial Results, including the disclosures, and whether the Consolidated Annual Financial Results represent the underlying transactions and events in a manner that achieves fair presentation.
e Obtain sufficient appropriate audit evidence regarding the Annual standalone/consolidated financial statements/financial results/financial information of the entities within the Group to express an opinion on the Consolidated Annual Financial Results. We are responsible for the direction, supervision and performance of the audit of financial information of such entities included in the Consolidated Annual Financial Results of which we are the independent auditors. For the other entities included in the Consolidated Annual Financial Results, which have been audited by the other auditors, such other auditors remain responsible for the direction, supervision and performance of the audits carried out by them. We remain solely responsible for our audit opinion.

Materiality is the magnitude of misstatements in the Consolidated Annual Financial Results that, individually or in aggregate, makes it probable that the economic decisions of a reasonably knowledgeable user of the Consolidated Annual Financial Results may be influenced. We consider quantitative materiality and qualitative factors (i) in 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 Consolidated Annual Financial Results.

We communicate with those charged with governance of the Parent and such other entities included in the Consolidated Annual Financial Results of which we are the independent auditors 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.

We also provide those charged with governance with a statement that we have complied with relevant ethical requirements regarding independence, .-and-~to

Swamy & Ravi CHARTERED ACCOUNTANTS 90, Co-Operative "A" Colony, K.K. Pudur, Coimbatore - 641 038. Ph : 0422 - 2446537, 4384536 E-mail : [email protected] oY Joe

^|^|

Ref. No.: communicate with them all relationships and other matters thgi;may reasonably be thought to bear on our independence, and where applicable, related safeguards.

We also performed procedures in accordance with the circular issued by the SEBI under Regulation 33{8) of the Listing Regulations, as amended, to the extent applicable and as received from the component auditors.

Other Matters

The consolidated Financial Results includes the audited Financial Results of the subsidiary, whose financial information reflect Group's share of total assets of Rs.3018.54 Lakhs as at March 31, 2025, Group's share of total revenue of Rs.3825.41 Lakhs and Group's share of total net profit after tax of Rs. 414.97 Lakhs for the period ended March 31, 2025, as considered in the consolidated Financial Results, which have been audited by their respective independent auditors. The independent auditors' reports on Financial Results/financial information of the subsidiary have been furnished to us and our opinion on the consolidated Financial Results, in so far as it relates to the amounts and disclosures included respect of these entities, is based solely on the report of such auditors and the procedures performed by us are as stated in paragraph above,

Our opinion on the consolidated Financial Results is not modified in respect of the above matters with respect to our reliance on the work done and the reports of the other auditors and the Financial Results/financial information certified by the Board of Directors.

The Statement includes consolidated results for the period ended March 31, 2025, being the balancing figure between audited figures in respect of the full financial year ended March 31, 2025 and the published year to date figures upto the third quarter of the current financial year, which were subject to limited review by us, as required under the Listing Regulations

Date: May 24, 2025 [2

Place: be}mb ator

SAN For Swamy & Ravi

For SWAMY & RAVI Chartered Accountants Firm Regn. No: 0043175

J More any

S, Alameiu Partner M. No: 223555

AV RAZSSESS RNIN VS /ARY

Annexure -B

Declaration with respect to Financial Results for the financial year ended March 31, 2025, pursuant to Regulation 33(3) (d) of the SEBI (Listing Obligations and Disclosure Requirements), Regulation 2015

I, Mr. D Rajeshkumar, Joint Managing Director and Chief Financial Officer of Salzer Electronics Limited, hereby declare that M/s. Swamy & Ravi, Chartered Accountants, Statutory Auditors of the Company have issued an Audit Report with unmodified opinion on Audited Financial Results of the Company (Standalone and Consolidated) for the quarter and year ended March 31, 2025.

Please take note of the same.

Thanking you

Yours faithfully, For Salzer Electronics Limited

D Rajeshkumar Joint Managing Director and Chief Financial Officer

ANNEXURE — C : The details as required in respect of item No.5 to 7 under Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 read with SEBI Circular No. SEBI/HO/CFD/PoD2/CIR/P/0155 dated 11th November 2024

of of (in Relationships Director) appointment Disclosure Directors between case of a	applicable Not
of case (In Appointment) Profile Brief	of diverse partners Bankruptcy have Securities Exchange Laws, Laws, office and a firm a Corporate with is established Field Secretaries Associates Property has its team _ Coimbatore practice the The Laws, in Foreign and in The firm management in Intellectual has stronghold Insolvency the Corporate Company and expertise domains. engaged Chennai which Laws, G.V. Law law. and at
of Appointment(as term & appointment applicable) of Date	of their May first approval of approved the and consecutive years the the General 2025-26, Directors G.V. at recommended the from. on at shareholders Annual of for year Company held has subject to the of five appointment commencing Board Associates of financial financial Meeting meeting 24,2025 ensuing term The and the the
appointment, death or otherwise; viz., Change removal, for resignation, Reason	Listing Directors Members commencing and Company Secretaries, the five subject to the of appointment G.V. at of the Auditors shareholders term to Meeting of 2025-26 of recommended years 24A Board Secretarial first Regulation General year financial Practicing the Company the the the from the financial of ensuing Annual as for and approval Regulations, to Coimbatore consecutive Associates, approved Company Pursuant of the the
the Appointee of Name	and Coimbatore Secretaries, Associates, Practicing Company G.V.
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applicable Not	applicable Not
providing for 40+ Ramasubramania years to the an industries. audit in in textiles, , & health experience foods plastics is services and having paper, He costing been poultry, 10 , assignments polymer etc. engineering, audit work technocrat agriculture than has Company. electrical, R Handled various A more years Raja, care, Cost Mr.	extensive GST of the have and statutory ECGC companies and proprietorship audits experience in departmental appeals They audits, an bank tax field. has stock GST and businesses, concerns. litigation, Firm practical auditing handled audits, audits, audits, sole The
2025 for the financial year 24, May on Appointed 2025- 26	24, three Financial May of term the on year 2025-26 from for a Appointed years 2025
meeting the Ramasubramania 2025-26 recommendation Accountants, the the Annual of approved of Auditor forthcoming their year confirmation financial at Committee, Cost Cost on R Directors A 24,2025 the the Mr. Practicing the Meeting at as of of Audit for to May Shareholders appointment Coimbatore Board Company General on subject the Raja, held The of	the meeting Associates, Auditors Financial approved Internal their from the & _ at 24,2025 Accountant, as DAT Directors term of three years of May of appointment year 2025-26 Board Chartered on for a held The
Practicing Mr.A.R.Ramas Accountants ubramania Raja, Cost	Ve Accountant Associates, CT Chartered A D

ANNEXURE — D : The details as required under Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 read with SEBI Circular No. SEBI/HO/CFD/PoD2/CIR/P/0155 dated 11th November 2024,

	The details ANNEXURE — D as : Obligations and Disclosure	under Regulation required 30 of SEBI (Listing Requirements) 2015 Regulations, read with SEBI Circular No. SEBI/HO/CFD/PoD2/CIR/P/0155 dated 11th November 2024,
S. No.	Particulars	Details
eS :	amount & percentage of turnover or revenue or income and net worth of the listed entity contributed by such unit or division during the last financial year;	Charges Kostad Salzer Private Limited, EV commenced Company, Subsidiary had not any Hence operations formation. business since no contribution turnover revenue the to or or income worth contributed and such net by made entity was subsidiary of the during listed the last financial year
b.	datevof such binding aereement entered for sale : of such if any, uni/division; teany: Yi :	Board of Directors at their meeting The held on May ay 24,2 24,205 approved d writing writi off the entire ti equity i 67% investment representing 83 lakhs, of Rs. ine holding in the subsidiary company, Salzer Kostad aE Chargers venture Private Limited, the EV as to develop EV charging stations in partnership with company, found Austrian was Kostad, an be to operationally unviable, yielded no economic value from the investment, and has been fully impaired in accordance with Ind AS 36 in the financial year 2024-25, and suitably dealt with in the results
F	date of closure or estimated time of closure;	impairment applicable recognised Not — FY in 2024-25 financial statements.
d.	Reasons for closure.	As mentioned above
	ANNEXURE — E The details as : Obligations and Disclosure	under required Regulation 30 of SEBI (Listing Requirements) Regulations, 2015 read with SEBI Circular No. SEBI/HO/CFD/PoD2/CIR/P/0155 dated 11th November 2024,
S. No.	Particulars	Details
	amount percentage & of income turnover or revenue or worth and the net listed of entity contributed by such unit during division the or last financial year;	step-down Emarch The subsidiary, Salzer Electromobility Private Limited, did not contribute any revenue in the last financial year and had no investment worth; significant entire net the of %34.75 lakhs has been fully impaired.

S. No.	Particulars	Details
	amount percentage & of turnover or revenue income or worth and the net listed of entity contributed by such unit during division the or last financial year;	step-down Emarch The subsidiary, Salzer Electromobility Private Limited, did not contribute any revenue in the last financial year and had no investment worth; significant entire net the of %34.75 lakhs has been fully impaired.

2:	date of such binding agreement, entered for sale of such if any, unit/division, if any;	Approved investment writing entire off the of R 98.50% representing 34.75 holding lakhs, th in step-down subsidiary, Salzer Emarch Electromobili Private Limited, held through Salzer EV Infra Priva' Limited, as the envisaged project for manufacturir conversion through step-dow vehicle kits subsidiary was found to be unsustainable in terms operations, yielded no economic returns, and wi fully impaired in accordance with Ind AS 36 in th with financial year 2024-25, and suitably dealt consolidated results
:	date of closure or estimated time of closure;	Not applicable — impairment recognised in FY 2024-25 financial statements.
d.	reasons for closure.	As mentioned above

SRE EEE ete

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Salzer Electronics Ltd. Earnings Release 2025