Please find the Intimation of Notice of Postal Ballot in the attached PDF.

RIYAASAT LIFESTYLE LIMITED (CIN: U18100GJ2021PLC126637) Registered Office: 01/GF, 'Time Square', B/S. 'Pariseema', C.G. Road, Ahmedabad, Gujarat, India, 380009. Tel No.: +91 9662698656; E‐mail: cs@riyaasat.in ; Website: www.riyaasat.in NOTICE OF POSTAL BALLOT [Pursuant to Section 110 of the Companies Act, 2013 read with Rules 20 and 22 of the Companies (Management and Administration) Rules, 2014] All Members, RIYAASAT LIFESTYLE LIMITED NOTICE is hereby given pursuant to Section 108, 110 and other applicable provisions, if any, of the Companies Act, 2013 (“the Act”) read together with Rules 20 and 22 of the Companies (Management and Administration) Rules, 2014 (“the Rules”) (as amended from time to time), including any statutory modification(s) or re-enactment(s) thereof for the time being in force, Regulation 44 of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015 (as amended from time to time) (“SEBI (LODR) Regulations”), Secretarial Standard-2 (“SS-2”) issued by the Institute of Company Secretaries of India on General Meetings (“SS-2”) and the clarifications issued by Ministry of Corporate Affairs vide General Circular No. 14/2020 dated 8th April, 2020, 17/2020 dated 13th April, 2020 read with other relevant circulars, including Latest General Circular No. 03/2025 dated September 22, 2025 issued by the Ministry of Corporate Affairs (“MCA”) (hereinafter collectively referred to as “MCA Circulars”), and subject to other applicable laws, rules and regulations, if any, Riyaasat Lifestyle Limited (“the Company”) hereby seeks your approval for the Special Business as considered in the Resolution(s) appended below through Postal Ballot by only way of voting through electronic means (“remote e-voting”). In compliance with the aforesaid MCA Circulars and pursuant to Section 110 of the Act read with the relevant rules made thereunder, this Postal Ballot Notice is being sent only through electronic mode to those Members whose e-mail addresses are registered with the Company/ RTA/ Depositories/ Depository Participants and the communication of assent/ dissent of the Members on the Resolution(s) proposed will take place through the remote e-voting system only. If your e-mail address is not registered with the Company/ RTA/ Depositories/ Depository Participants, please follow the process provided in the Notes to receive this Postal Ballot Notice. In compliance with the requirements of the MCA Circulars, hard copy of Postal Ballot Notice along with Postal Ballot Forms and pre‐paid business reply envelope will not be sent to the members for this Postal Ballot and members are required to communicate their assent or dissent through the remote e‐voting system only. Pursuant to Rule 22 (5) & (6) of the Rules, the Board of Directors of the Company at their meeting held on 1st September, 2026, had appointed M/s. Nirav Shah & Associates, Practicing Company Secretary, (Membership No: 39412 and Certificate of Practice No. 27102), to act as the Scrutinizer, to conduct the Postal Ballot through remote e-voting process in a fair and transparent manner. The Company has engaged the services of National Securities Depository Limited (‘NSDL’) to provide remote e-voting facility to the Members of the Company. Please refer to the instructions for e-voting given hereinafter the proposed Resolution(s), to cast votes through electronic voting means. The remote e-voting period commences from 09:00 AM (India Standard Time [‘IST’]) on Wednesday, 2nd September, 2026 and ends at 05:00 PM (IST) on Thursday, 1st October, 2026. Members are requested to read the instructions carefully while expressing their assent or dissent and cast votes via remote e-voting facility by not later than 05:00 PM (IST) on Thursday, 1st October, 2026. The Scrutinizer will submit his report to the chairman of the Company (the “Chairman”) or any other duly authorized person of the Company after the receipt of assent or dissent of the Members (including e‐voting). The result of the Postal Ballot (including e‐voting) shall be declared by the Chairman or any other duly authorized person of the Company within 2 working days after the closure of the e-voting i.e. by Thursday, 1st October, 2026, 5.00 PM. The voting results will be communicated to the stock exchanges, depositories, registrar and share transfer agents and shall also be displayed on the Company’s website, www.riyaasat.in and will be intimated to the Stock Exchanges where the shares of the Company are listed i.e. BSE Limited (“BSE”) at www.bseindia.com in accordance with the provisions of SEBI Listing Regulations. In the event, the Resolutions as set out under Item No. 1 is assented by the requisite majority of the Members by means of the Postal Ballot process, it shall be deemed to have been duly passed as an Special Resolution(s) at the General Meeting of the Company and it shall be deemed to have been passed on Thursday, 1st October, 2026, being the last date specified by the Company for e-voting. The Board of Directors of the Company now propose to obtain the consent of the members by way of Postal Ballot for the matters as considered in the Resolution appended below. The Explanatory Statement pursuant to Section 102 of the Act pertaining to the said Resolution setting out material facts and the reasons for the Resolution is also annexed. You are requested to peruse the proposed Resolution along with their respective Explanatory Statement and thereafter record your assent or dissent by means of remote e‐voting facility provided by the Company. SPECIAL BUSINESS: 1. Variation in the Objects / terms of utilisation of the Initial Public Offering (“IPO”) proceeds. To consider and, if thought fit, to give assent or dissent to the following resolution proposed to be passed as a Special Resolution. “RESOLVED THAT pursuant to the provisions of Section 27 of the Companies Act, 2013 (the “Act”), and other applicable provisions, if any, of the Act read with Rule 32 of the Companies (Incorporation) Rules, 2014 and Rule 7 of the Companies (Prospectus and Allotment of Securities) Rules, 2014, applicable provisions of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 and the SEBI (Issue of Capital and Disclosure Requirements) Regulations, 2018 (“SEBI ICDR Regulations”) (including any statutory modification or re-enactment thereof) and other applicable rules, regulations, guidelines and other statutory provisions for the time being in force, and subject to any other applicable approvals, permissions and/or sanctions, the consent of the shareholders of the Company be and is hereby accorded for the variation in the objects / terms of utilisation of the Initial Public Offering (IPO) proceeds (“IPO Proceeds”) and modification of the time limit for the utilisation of the IPO Proceeds, as stated in the Prospectus dated June 29, 2026 (“Prospectus”) filed by the Company with the Registrar of Companies (“RoC”) and the Securities and Exchange Board of India (“SEBI”), which are as follows: (Amount in Lakhs) Sr Original Amount Amount Balance Deviation Amount proposed to be No. objects of the mention actually unutilized , if any. altered with object issue as per ed as utilized amount prospectus per prospec 1 Capital 1247.00 - 1247.00 712.98 Rs. 712.98 Lakhs will be expenditure utilized to meet Capital towards setting- expenditure for the up of 4 new showroom at Mumbai and Stores Ahmedabad locations. (more (“Showrooms”) specifically described in the Explanatory statement 2 Working 950.00 950.00 Nil Nil NA Capital requirements 3 General 402.73 402.73 Nil Nil NA Corporate Purpose 4 Issue related 420.00 327.64 92.36 Nil NA expenses in relation to Issue Total 3019.73 1680.37 1339.36 712.98 - RESOLVED FURTHER THAT for the purpose of giving effect to this resolution, the Board be and is hereby authorized to do all such acts, deeds, matters and things as it may in its absolute discretion, deem necessar [Showing first 8,000 characters — download PDF for full document]