Revised outcome of Bm & Response to Clarification/Additional Details Required for Corporate Announcement filed under Regulation 30 of SEBI (LODR) Regulations, 2015.

September 1, 2026 The Listing Compliance Monitoring Team, BSE Limited, P. J. Towers, Dalal Street, Mumbai - 400001. Scrip Code: 526604 Sub: Response to Clarification/Additional Details Required for Corporate Announcement filed under Regulation 30 of SEBI (LODR) Regulations, 2015. Dear Sir / Madam, This has reference to your email/communication dated August 29, 2026, pointing out certain discrepancies in the Corporate Announcement submitted by the Company on August 27, 2026, regarding the Board Meeting Outcome under Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. In this regard, we would like to provide the necessary clarifications and additional details as required under the SEBI Circular dated January 30, 2026: 1. Resignation of Independent Director containing Names of listed entities in which the resigning director holds directorships: We are enclosing herewith the revised/supplementary disclosure containing the names of the listed entities in which the resigning Independent Director holds directorships and membership of board committees, as prescribed under Regulation 30 read with Schedule III of the SEBI (LODR) Regulations, 2015. 2. Annexure 10 (Resignation of Statutory Auditors): Duly signed Annexure 10 from our outgoing Statutory Auditors along with the requisite declaration is enclosed herewith for your records. Pursuant to your request, we are submitting this fresh, comprehensive Corporate Announcement via the BSE Listing Centre, superseding our earlier filing dated August 27, 2026. We request you to kindly take the updated disclosures on your record and treat the discrepancies as resolved. We regret any inconvenience caused. Thanking you, Yours faithfully, For Lippi Systems Limited Darshan B Shah Company Secretary cum Compliance O(cid:431)icer A35728 Encl.: As Above Regd. Office: Regd. Office: 21/B, Corporate House, Fairy Society, Rajpath Highway, Bodakdev, Ahmedabad, Gujarat – 380054. Telephone : 079-35219264, Email : cs@lippisystems.com, Website : www.lippisystems.com CIN: L22100GJ1993PLC020382 Annexure-1 DISCLOSURE OF MATERIAL EVENT UNDER REGULATION 30(2) OF SEBI (LISTING OBLIGATION AND DISCLOUSRE REQUIREMENTS) REGULATION, 2015- SUMMARY OF AMENDMENTS TO THE MOA & AOA OF THE COMPANY FOR THE PORPOSED CHANGE OF NAME Pursuant to the provisions of Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, read with SEBI Master Circular No. HO/49/14/14(7)2025-CFD-POD2/I/3762/2026 dated 30th January, 2026, the Company hereby discloses the material event as provided under Part A of Schedule III of the Listing Regulations: The Board of Directors of the Company has duly considered and approved the proposed change of the Company's name from “Lippi Systems Limited” to “Neelkanth Resources Limited” contingent upon the approval of the Central Registration Centre (CRC), Ministry of Corporate Affairs and other relevant authority(ies), if any. This change is also subject to the approval of the members in a General Meeting and the subsequent amendment of the Memorandum of Association and Articles of Association of the Company to reflect the name as approved by respective authorities. You are requested to take the above cited information on your record. Annexure-2 DISCLOSURE OF MATERIAL EVENT UNDER REGULATION 30(2) OF SEBI (LISTING OBLIGATION AND DISCLOUSRE REQUIREMENTS) REGULATION, 2015- SUMMARY OF AMENDMENTS TO THE MOA OF THE COMPANY Pursuant to the provisions of Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, read with SEBI Master Circular No. HO/49/14/14(7)2025- CFD-POD2/I/3762/2026 dated 30th January, 2026, the Company hereby discloses the material event as provided under Part A of Schedule III of the Listing Regulations: The following sub clause (1), (2), (3), (4) and (5) to be substituted in place of existing main object Clause III(A) of MOA: 1. To carry on the business of prospecting, exploring, mining, extracting, excavating, raising, winning, quarrying, processing, beneficiating, grinding, drying, pulverising, screening, grading, refining, treating, manufacturing, converting, formulating, blending, packing, storing, transporting, marketing, trading, distributing, importing, exporting and dealing in bentonite and other industrial minerals, mineral ores, clays and allied mineral products, including Sodium Bentonite, laterite, Calcium Bentonite, bauxite, copper, lignite, coal, iron ore and other minerals and various grades and derivatives thereof, for use in iron ore pelletization, steel manufacturing, oil and gas drilling, foundry operations, piling and civil construction, infrastructure projects, water and wastewater treatment, earthing and electrical applications, animal feed and other industrial, commercial, agricultural and allied applications. 2. To establish, acquire, develop, operate and maintain mines, mining areas, quarries, mineral processing plants, beneficiation plants, crushing, drying, grinding and pulverising units, screening and grading facilities, laboratories, warehouses, storage facilities, packing units and other infrastructure for the extraction, processing, manufacture, value addition and handling of bentonite, industrial minerals and other mineral products, and to undertake all activities incidental or ancillary thereto. 3. To manufacture, process, develop, customize and supply different grades, specifications and value-added products of bentonite and other industrial minerals to meet domestic and international customer requirements and applicable industry standards, and to undertake research, development, testing, quality control and process improvement in relation thereto. 4. To carry on the business of buying, selling, supplying, trading, importing, exporting, distributing, stocking, warehousing and otherwise dealing in bentonite, industrial minerals, mineral products, processed mineral products and allied materials, and to market and distribute the same in India and overseas markets, either directly or through agents, distributors, dealers or other business arrangements. 5. To undertake mining, mineral processing, material handling, logistics, transportation and infrastructure-related activities connected with the Company's mineral and mining business, and to acquire, lease, licence, develop or otherwise obtain land, mining rights, mineral concessions, leases, permits, licences, approvals and other rights necessary or incidental for carrying on such activities, subject to applicable laws and regulatory approvals and to undertake all such activities as are incidental, ancillary or conducive to the attainment of the above objects, including establishment and operation of facilities for quality assurance, research and development, environmental management, storage, packing, transportation and logistics in connection with the Company's mining, mineral processing and industrial mineral business. Annexure -3 Details with respect to adoption of amended Memorandum of Association (“MOA”) of the Company S. N. Particular Details Adoption of amended 1. The existing Memorandum of Association Memorandum of (‘MOA’) of the Company is based on erstwhile Association (“MOA”) Companies Act, 1956. The alteration of MOA is of the Company as per necessary to align the existing MOA with Companies Act, 2013 Companies Act 2013 (‘Act’). The object clause and the liability clause of the existing MOA needs to be re-aligned as per Table A of Schedule I of the new Act. Further, the revision in the main objects of the company will provide a detailed description of the company's business activities for enhanced clarity along with the flexibility to undertake any future business activity as mentioned in the objects. Annexure- 4 Disclosure of information pursuant to Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, read with SEBI Circular No. SEBI/HO/CFD/CFD-PoD1/P/CIR/2023/123 [Showing first 8,000 characters — download PDF for full document]