VARUN MERCANTILE LTD. - Board Meeting Outcome for Statement Of Audited Financial Results For The Quarter And Year Ended 31St March, 2024

We wish to inform you that the Board of Directors of the Company at its Meeting held today has: 1. Approved the Audited Financial Statements of the Company for the year ended 31st March, 2024 and the Audited Financial Results of the Company for the quarter and year ended 31st March, 2024, as recommended by the Audit Committee; 2. Not recommended any dividend for the Financial Year ended 31st March, 2024. Pursuant to Regulation 33 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, we enclose the following: a) Statement showing the Audited Financial Results of the Company for the quarter and year ended 31st March, 2024; and b) Auditor's Report on the Audited Financial Results; The Report of the Auditor is with unmodified opinion with respect to the Audited Financial Results of the Company for the quarter and year ended 31st March, 2024. The meeting of the Board of Directors of the Company commenced at 05:15 p.m. and concluded at 05:45 p.m.