VSD Confin ltd. — Audit Report / Information 2026

May 30, 2026

VSD CONFIN LIMITED

REGD. OFF: 308-B, 3RD FLOOR, SHALIMAR SQUARE, B. N. ROAD, LALBAGH, LUCKNOW - 226001 (U.P.)

30th May, 2026

The Manager

Corporate Relationship Department

BSE Limited

1st Floor, New Trading Wing,

Rotunda Building,

P J Towers, Dalal Street, Fort,

Mumbai - 400001

BSE Security Code: 531696

Sub: Outcome of Board Meeting

Respected Sir/Madam,

In continuation of our letter dated 22nd May 2026, Pursuant to the Regulation 30 of the SEBI Listing Obligations and Disclosure Requirements) Regulations, 2015, we wish to inform you that the Board of Directors of the Company, at its meeting held today, has inter alia:

(i) Approved the Audited Financial Statements (Standalone) for the year ended March 31, 2026 and the Audited Financial Results (Standalone) for the quarter / year ended March 31, 2026, as recommended by the Audit Committee; and

Pursuant to Regulation 33 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, we enclose the following:

(i) Audited Financial Results (Standalone) for the quarter / year ended March 31, 2026;

And

(ii) Auditors Reports with unmodified opinions on the aforesaid Audited Financial Results (Standalone)

The meeting of the Board of Directors commenced at 01:00 p.m. and concluded at 02:10 p.m.

We shall inform you in due course the date on which the Company will hold its Annual General Meeting for the year ended March 31, 2026.

Please take the same on records and oblige

Thanking You,

Yours faithfully,

For VSD CONFIN LIMITED

SANTOSH KUMAR GUPTA
Digitally signed by SANTOSH KUMAR GUPTA
Date: 2026.05.30 14:12:43 +05'30'

SANTOSH KUMAR GUPTA
EXECUTIVE DIRECTOR
DIN: 00710533

CIN: L70101UP1984PLC006445

Website: www.vsdconfin.in

E-Mail: vsdconfin@gmail.com

Ph.: 0522 4334796

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VSD CONFIN LIMITED
REGD. OFF: 308-B, 3RD FLOOR, SHALIMAR SQUARE, B. N. ROAD, LALBAGH, LUCKNOW - 226001 (U.P.)

30th May, 2026

The Manager
Corporate Relationship Department
BSE Limited
1st Floor, New Trading Wing,
Rotunda Building,
P J Towers, Dalal Street, Fort,
Mumbai - 400001

BSE Security Code: 531696

Respected Sir/Madam

Sub: Declaration with respect to Audit Report with unmodified opinion to the Annual Audited Financial Results for the financial year ended March 31, 2026

Pursuant to the second proviso to the Regulation 33(3)(d) of the SEBI (Listing Obligations & Disclosure Requirements) Regulations, 2015, we hereby confirm that M/s. Bakliwal & Co., Chartered Accountants, Mumbai (FRN: 130381W), Statutory Auditors of the Company have not expressed any modified opinion(s) on the annual audited Financial Results of M/s VSD Confin Limited for the financial year ended on 31st March, 2026.

Kindly take the above information on record.

Thanking You,

Yours faithfully,

For VSD CONFIN LIMITED

SANTOSH KUMAR GUPTA
Digitally signed by SANTOSH KUMAR GUPTA
Date: 2026.05.30 14:13:09 +05'30'

SANTOSH KUMAR GUPTA
EXECUTIVE DIRECTOR
DIN: 00710533

CIN: L70101UP1984PLC006445
Website: www.vsdconfin.in
E-Mail: vsdconfin@gmail.com
Ph.: 0522 4334796

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Bakliwal & Co.
CHARTERED ACCOUNTANTS

Independent Auditor's Report on Audited Standalone Quarterly Financial Results and year to date results of the Company, pursuant to Regulation 33 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 (as amended)

To
The Board of Directors of
VSD CONFIN LIMITED

We have audited the accompanying statement of quarterly and year to date financial results of VSD CONFIN LIMITED for the period ended March 31, 2026 ("the financial statements") being submitted by the Company pursuant to the requirement of Regulation 33 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, as amended.

Opinion

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

i. are presented in accordance with the requirements of Regulation 33 of the Listing Regulations in this regard; and
ii. give a true and fair view in conformity with the recognition and measurement principles laid down in the applicable accounting standards and other accounting principles generally accepted in India of the net profit/loss and other comprehensive income and other financial information for the quarter ended March 31, 2026 as well as the year-to-date results for the period ended March 31, 2026.

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 (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 requirements that are relevant to our audit of the financial results under the provisions of the Companies Act, 2013 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 we have obtained is sufficient and appropriate to provide a basis for our opinion.

513, Atlanta Estate, Near Virwani Estate, G-M Link Road, W.E. Highway, Goregaon (E), Mumbai- 400063
Ph: 022-40169046, E-Mail: info@bakliwalca.com, Web: www.bakliwalca.com

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Management's Responsibilities for the Standalone Financial Results

These quarterly financial results as well as the year-to-date standalone financial results have been prepared on the basis of the interim financial statements. The Company's Board of Directors are responsible for the preparation of these financial results that give a true and fair view of the net profit/loss and other comprehensive income and other financial information in accordance with the recognition and measurement principles laid down in Indian Accounting Standard 34, 'Interim Financial Reporting' prescribed under Section 133 of the Act read with relevant rules issued there under and other accounting principles generally accepted in India and in 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 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 standalone financial results that give a true and fair view and are free from material misstatement, whether due to fraud or error. In preparing the standalone financial results, the Board of Directors are responsible 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 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 standalone 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 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 the aggregate, they could reasonably be expected to influence the economic decisions of users taken on the basis of these standalone financial results. As part of an audit in accordance with SAs, we exercise professional judgment and maintain professional skepticism throughout the audit. We also:

• Identify and assess the risks of material misstatement of the standalone 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.

• Obtain an understanding of internal control relevant to the audit in order to design audit procedures that are appropriate in the circumstances, but not for the purpose of expressing an opinion on the effectiveness of the company's internal control.

MUMBAI FRE 130301W STANDALONE ACCOUNTING

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• 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 standalone financial results, including the disclosures, and whether the financial results represent the underlying transactions and events in a manner that achieves fair presentation.

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.

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 includes the results for the quarter ended March 31, 2026 being the balancing figure between the audited figures in respect of the full financial year ended on March 31, 2026 and the published unaudited year-to-date figures up to the third quarter of the current financial year, which were subjected to a limited review by us, as required under the Regulation.

Our opinion is not qualified in respect of these matters.

For Bakliwal & Co.
Chartered Accountants
Firm Registration No- 130381W

Ashish Bakliwal
Partner (M No. 133823)
UDIN:26133823NRDUNH1607
Mumbai, May 30, 2026

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VSD CONFIN LIMITED

DIN: L70101 (OF) 904PLCB86445

Regd. Office: 308 B, 3rd Floor, Shalimar Square, S.N. Road, Lathugh, Lucknow - 226001

T: 8522-4334796 / E: vsdconfin@gmail.com / W: www.vsdconfin.in

STATEMENT OF STANDALONE AGENTED FINANCIAL RESULTS FOR THE QUARTER AND YEAR ENDED 31.03.2026

(As in table unless otherwise stated)

S. No.	Particulars	Quarter Ended			Year Ended
		31.03.2026	31.12.2025	31.03.2025	31.03.2026	31.03.2025
		Audited	On-Audited	Audited	Audited	Audited
I	Revenue from Operations
II	Other Income	0.05	-	-	0.05	0.01
III	Net Loss on de-recognition of financial assets at amortised cost
IV	Net Loss on reclassification of financial assets	-	-	-	-	-
V	Total Income (1-10+III+IV)	0.05	-	-	0.05	0.01
VI	Financing
1	Cost of Material Consumed
2	Excise Tax
3	Purchase of Stock-in-Trade
4	Changes in Inventories of finished goods, Stock-in-Trade and work in progress
5	Employee Benefit Expense	1.98	1.95	1.95	7.03	7.00
6	Finance Costs
7	Depreciation & Amortisation Expense	0.09	0.09	0.09	0.36	0.11
8	Department Loans
9	Net loss on de-recognition of financial assets at amortised cost
10	Net loss on reclassification of financial assets
11	Other expenses	3.73	1.51	6.59	12.24	13.73
	Total expenses (VI)	5.00	3.55	0.57	20.43	21.64
VII	Profit/(Loss) before exceptional items and tax (V-VI)	(3.73)	(3.55)	(0.57)	(20.50)	(21.63)
VIII	Executional items	(22.06)	-	-	(22.06)	-
IX	Profit/(Loss) before tax (VII-VIII)	(27.01)	(3.55)	(0.57)	(42.44)	(21.63)
X	Tax expense
	(1) Current Tax
	(2) Deferred Tax	(2.46)	-	(5.68)	(2.46)	(5.68)
XI	Profit/(Loss) for the period from continuing operations (IX-X)	(25.35)	(3.55)	(3.09)	(39.90)	(16.15)
XII	Profit/(Loss) from discontinued operations	-	-	-	-	-
XIII	Tax expense of discontinued operations	-	-	-	-	-
XIV	Profit/(Loss) from Discontinued Operations (after tax) (XII-XIV)	-	-	-	-	-
XV	Profit/(Loss) for the period (XI+XIV)	(25.35)	(3.55)	(3.09)	(39.90)	(16.15)
XVI	Other Comprehensive Income, net of income tax
1	Items that will not be reclassified to profit or loss	-	-	-	-	-
2	Income tax relating to items that will not be reclassified to profit or Loss	-	-	-	-	-
3	Items that will be reclassified to profit or loss	-	-	-	-	-
4	Income tax relating to items that will be reclassified to profit or Loss	-	-	-	-	-
XVII	Total Comprehensive Income for the period (XV+XVI) (Comprising Profit (Loss) and other comprehensive Income for the period)	(25.35)	(3.55)	(3.09)	(39.90)	(16.15)
XVIII	Earnings Per Share of Rs. 10/- each (not annualized) (For Continuing Operations)
	a) Basic	(0.16)	(0.02)	(0.02)	(0.26)	(0.10)
	b) Diluted	(0.16)	(0.02)	(0.02)	(0.26)	(0.10)
XIX	Earnings Per Share of Rs. 10/- each (not annualized) (For Discontinued Operations)
	a) Basic	-	-	-	-	-
	b) Diluted	-	-	-	-	-
XX	Earnings Per Share of Rs. 10/- each (not annualized) (For Discontinued & Continuing Operations)
	a) Basic	(0.16)	(0.02)	(0.02)	(0.26)	(0.10)
	b) Diluted	(0.16)	(0.02)	(0.02)	(0.26)	(0.10)

Notes

1. The above financial results were reviewed by Audit Committee and approved by the Board of Directors in their Board Meeting held on 30th May, 2026. The Company confirms that its Statutory Auditors have issued Audit Report with unmodified opinion on the Standalone Financial Results for the Year ended March 31, 2026 in terms of Regulation 33 of MSB (Listing Obligations and Disclosure Requirements) Regulations, 2017.

2. The above stated Audited Standalone Financial Results of the company have been prepared in accordance with Indian Accounting Standards (IND 48) as prescribed under section 133 of The Companies Act, 2013 read with The Companies (Indian Accounting Standards) Rules, 2015 as amended.

3. CPS is not annualized for the quarter ended March 31, 2026, December 31, 2025 and March 31, 2025.

4. The Standalone figures for the quarter ended March 31, 2026 and March 31, 2025 are the balancing figures between the Audited figures in respect of the full financial year and year to date figures upto 31.03.2026 and 31.03.2025, respectively.

5. The Company operates in a single segment and hence information pursuant to Col 45.100 is not applicable.

6. Figures for the prior period(s) may have been regrouped and/or classified wherever considered necessary.

FOR VSD CONFIN LIMITED

ALHUTOSH SHARMA
(DIN: 00190604)
MANAGING DIRECTOR

Place: Lucknow
Date: 30.05.2026

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VSD CONFIN LIMITED

CIN: L70101UP1984PLC006445

Regd. Office: 308-B, 3rd Floor, Shalimar Square, B.N. Road, Lalbagh, Lucknow - 226001

T: 0522-4334796 || E: vsdconfin@gmail.com || W: www.vsdconfin.in

STATEMENT OF STANDALONE ASSETS AND LIABILITIES AS ON 31.03.2026

(Rs. In Lakhs unless otherwise stated)

| Sl No. | Particulars | 31.03.2026
Audited | 31.03.2025
Audited |
| --- | --- | --- | --- |
| 1 | ASSETS
Non-current assets
(a) Property, Plant and Equipment
(b) Capital work-in-progress
(c) Investment Property
(d) Goodwill
(e) Other Intangible assets
(f) Intangible assets under development
(g) Biological Assets other than bearer plants
(h) Financial Assets
(i) Investments
(ii) Trade receivables
(a) Trade Receivables considered good - Secured
(b) Trade Receivables considered good - Unsecured
(c) Trade Receivables which have significant increase in Credit Risk and
(d) Trade Receivables - credit impaired
(iii) Loans
(a) Loans Receivables considered good - Secured
(b) Loans Receivables considered good - Unsecured
(c) Loans Receivables which have significant increase in Credit Risk and
(d) Loans Receivables - credit impaired
(iv) Others (Other Financial Assets)
(i) Deferred tax assets (net)
(j) Other non-current assets | 16.65
-
21.18
238.00
47.69
323.51 | 17.01
-
-
-
-
21.18
-
-
-
-
-
45.23
22.17 |
| | Total Non Current Assets | 323.51 | 353.59 |
| 2 | Current assets
(a) Inventories
(b) Financial Assets
(i) Investments
(ii) Trade receivables
(a) Trade Receivables considered good - Secured
(b) Trade Receivables considered good - Unsecured
(c) Trade Receivables which have significant increase in Credit Risk and
(d) Trade Receivables - credit impaired
(iii) Cash and cash equivalents
(iv) Bank balances other than (iii) above
(v) Loans
(a) Loans Receivables considered good - Secured
(b) Loans Receivables considered good - Unsecured
(c) Loans Receivables which have significant increase in Credit Risk and
(d) Loans Receivables - credit impaired
(vi) Others (to be specified)
(c) Current Tax Assets (Net)
(d) Other current assets | 83.22
21.09
1,100.00
17.06 | 83.22
-
533.66
600.00
-
15.36 |
| | Total Current Assets | 1,221.37 | 1,232.24 |
| | Total Assets | 1,544.88 | 1,585.83 |

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| 1 | EQUITY AND LIABILITIES
Equity
(a) Equity Share capital
(b) Other Equity | 1,546.30
(153.92) | 1,546.30
(113.95) |
| --- | --- | --- | --- |
| | Total Equity | 1,392.38 | 1,432.36 |
| | LIABILITIES
Non-Current Liabilities
(a) Financial Liabilities
(i) Borrowings
(ii) Trade navables
(a) Total Outstanding Dues of Micro Enterprises and
Small Enterprises and
(b) Total Outstanding Dues of Creditors other than
Micro Enterprises and Small Enterprises
(iii) Other financial liabilities
(b) Provisions
(c) Deferred tax liabilities (Net)
(d) Other non-current liabilities | 150.00
-
-
-
-
-
- | 150.00
-
-
-
0.11 |
| 2 | Total Non-Current Liabilities | 150.00 | 150.11 |
| | Current liabilities
(a) Financial Liabilities
(i) Borrowings
(ii) Trade navables
(a) Total Outstanding Dues of Micro Enterprises and
Small Enterprises and
(b) Total Outstanding Dues of Creditors other than
Micro Enterprises and Small Enterprises
(iii) Other financial liabilities
(b) Other current liabilities
(c) Provisions
(d) Current Tax Liabilities (Net) | 2.49 | 1.03
-
2.33 |
| | Total Current Liabilities | 2.49 | 3.36 |
| | Total Equity and Liabilities | 1,544.88 | 1,585.83 |

FOR VSD CONFIN LIMITED

ALHUTOSH SHARMA
(DIN: 08198684)
MANAGING DIRECTOR

Place: Lucknow
Date: 30.05.2026

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VSD CONFIN LIMITED

CIN: L70101UP1984PLC006445

Regd. Office: 300-B, 3rd Floor, Shalimar Square, B.N. Road, Lalbagh, Lucknow - 226001
T: 0522-4334796 || E: vsdconfin@gmail.com || W: www.vsdconfin.in

CASH FLOW STATEMENT FOR YEAR ENDED 31.03.2026

(Rs. In Lakhs unless otherwise stated)

A	Particulars	As at 31.03.2026	As at 31.03.2025
	Cash Flow From Operating Activities
	Net Profit/ (Loss) Before Tax & Extraordinary Items	(20.38)	(21.63)
	Adjustments :
	Finance cost	-	-
	Depreciation	0.36	0.11
	Interest Income	-	-
	Other Non-Operating Income	-	-
	Profit/ Loss of Fixed Asset	-	-
	Operating profit Before Working Capital Changes	(20.02)	(21.52)
	Increase/(decrease) in Trade Payables	-	-
	Increase/(decrease) in Other Financial Liabilities	-	-
	Decrease/(Increase) in Other Current Liabilities	-	-
	Decrease/(Increase) in Non Current Financial Assets	-	-
	Decrease/(Increase) in Other Non Current Financial Assets	-	-
	Decrease/(Increase) in Other Non Current Assets	-	-
	Decrease/(Increase) in Inventories	-	-
	Decrease/(Increase) in Trade & Other Receivables	(1.70)	(1.83)
	Decrease/(Increase) in Other Current Financial Assets	(490.00)	635.00
	Decrease/(Increase) in Other Current Assets	(0.87)	(70.77)
	Cash Generated from Operating Activities	(512.57)	540.88
	Taxes paid ( including earlier year taxes )	-	-
	Net Cash flow from/(used In) Operating Activities (A)	(512.57)	540.88
B	Cash Flow From Investing Activities
	Purchase of Fixed Assets(including Capital Work-in-Progress)	-	(16.27)
	Proceeds from Sale of Fixed Assets	-	-
	Interest received	-	-
	Net Cash From Investing Activities (B)	-	(16.27)
C	Cash Flow From Financing Activities
	Proceeds From / (Repayment of) Long Term Borrowings	-	-
	Proceeds From / (Repayment of) Short Term Borrowings	-	-
	Interest paid	-	-
	Other Non-Operating Income	-	-
	Net Cash From Financing Activities (C)	-	-
	Net Increase/(Decrease) in cash and cash equivalents(A+B+C)	(512.57)	524.62
	Opening Cash and Cash Equivalent	533.66	9.04
	Closing Cash and Cash Equivalent	21.09	533.66

FOR VSD CONFIN LIMITED

Place : Lucknow
Date: 30.05.2026

ASHUTOSH SHARMA
(DIN: 08198684)
MANAGING DIRECTOR