Proposed alteration in Memorandum of Association and adoption of new set of Memorandum of association and Article of Association are subject to the approval of Members.

CHARMS INDUSTRIES LIMITED (CIN: L72900GJ1992PLC017494) Reg. Office: 108-B/109Sampada Building, Mithakhali Six Roads,Opp-Hare Krishna Complex, B/H Kiran Motors, Ahmedabad-380009 Gujarat Contact No. 09898031513, Website: www.charmsindustries.co.in, E-mail: charmsltd@yahoo.com Date: 02nd September, 2026 BSE Limited Floor 25, P. J. Towers, Dalal Street, Mumbai – 400 001 BSE Scrip Code: 531327 Sub: Outcome of the Board Mee(cid:415)ng held on Wednesday, September 2, 2026 pursuant to Regula(cid:415)on 30 of the SEBI (Lis(cid:415)ng Obliga(cid:415)ons and Disclosure Requirements) Regula(cid:415)ons, 2015 Dear Sir/Madam, Pursuant to Regula(cid:415)on 30 of the Securi(cid:415)es and Exchange Board of India (Lis(cid:415)ng Obliga(cid:415)ons and Disclosure Requirements) Regula(cid:415)ons, 2015 (“SEBI Lis(cid:415)ng Regula(cid:415)ons”), we wish to inform you that the Board of Directors of Charms Industries Limited (“the Company”), at its mee(cid:415)ng held today, i.e. Wednesday, September 02, 2026, at the Registered Office of the Company, has inter alia considered and approved the following ma(cid:425)ers: 1. Considered and approved the Board’s Report of the Company for the financial year ended March 31, 2026, together with the annexures thereto including the Secretarial Audit Report, Management Discussion and Analysis Report and other statutory disclosures forming part thereof, and authorised finalisa(cid:415)on of the Annual Report of the Company for FY 2025-26. 2. Fixed Wednesday, September 30, 2026 as the date for convening the 34th Annual General Mee(cid:415)ng (“AGM”) of the Members of the Company at the Registered Office of the Company situated at 108-B/109, Sampada Building, Mithakhali Six Roads, Opposite Hare Krishna Complex, Behind Kiran Motors, Ahmedabad- 380009, Gujarat, India, at 01:30 P.M.IST. 3. Considered and approved the No(cid:415)ce convening the 34th Annual General Mee(cid:415)ng of the Company. 4. Fixed Wednesday, September 23, 2026 as the cut-off date for determining the eligibility of Members to exercise their vo(cid:415)ng rights through remote e-vo(cid:415)ng and vo(cid:415)ng at the 34th Annual General Mee(cid:415)ng of the Company. 5. Approved the appointment of M/s. Nisarg Sharma & Associates, Prac(cid:415)sing Company Secretaries, as the Scru(cid:415)nizer for conduc(cid:415)ng the remote e-vo(cid:415)ng process and vo(cid:415)ng at the 34th Annual General Mee(cid:415)ng of the Company in a fair and transparent manner. 6. The Board approved and recommended, subject to approval of the Members at the ensuing AGM, the appointment of M/s Nisarg Sharma & Associates, Company Secretaries, a Peer Reviewed Firm holding Peer Review Cer(cid:415)ficate No. 3941/2023, CHARMS INDUSTRIES LIMITED (CIN: L72900GJ1992PLC017494) Reg. Office: 108-B/109Sampada Building, Mithakhali Six Roads,Opp-Hare Krishna Complex, B/H Kiran Motors, Ahmedabad-380009 Gujarat Contact No. 09898031513, Website: www.charmsindustries.co.in, E-mail: charmsltd@yahoo.com through CS Nisarg Sharma, Proprietor (FCS 14061; COP 17088), as the Secretarial Auditor of the Company for a period of five consecu(cid:415)ve financial years from FY 2026- 27 to FY 2030-31, i.e. from the conclusion of the 34th AGM un(cid:415)l the conclusion of the 39th AGM of the Company. The requisite details pursuant to Regula(cid:415)on 30 of the SEBI Lis(cid:415)ng Regula(cid:415)ons are enclosed as Annexure-I. 7. The Board approved, subject to approval of the Members by way of a Special Resolu(cid:415)on at the ensuing AGM and other applicable statutory requirements: a. altera(cid:415)on of the Object Clause of the Memorandum of Associa(cid:415)on of the Company; b. subs(cid:415)tu(cid:415)on of the exis(cid:415)ng Object Clause with revised Clause III(A) and Clause III(B); c. inclusion/expansion of business objects rela(cid:415)ng, inter alia, to iron and steel, Sponge Iron/Direct Reduced Iron (DRI), pharmaceu(cid:415)cals and healthcare, hotels, restaurants and hospitality, real estate, construc(cid:415)on and infrastructure development, trading and distribu(cid:415)on ac(cid:415)vi(cid:415)es, while retaining the exis(cid:415)ng informa(cid:415)on technology, so(cid:332)ware, hardware and allied objects; and d. adop(cid:415)on of a new set of Memorandum of Associa(cid:415)on aligned with the provisions of the Companies Act, 2013 and reflec(cid:415)ng the capital structure consequent upon the reduc(cid:415)on of share capital sanc(cid:415)oned by the Hon’ble Na(cid:415)onal Company Law Tribunal, Ahmedabad Bench. Brief details of the proposed altera(cid:415)on are enclosed as Annexure-II. 8. The Board approved, subject to approval of the Members by way of a Special Resolu(cid:415)on at the ensuing AGM, adop(cid:415)on of a new set of Ar(cid:415)cles of Associa(cid:415)on of the Company, aligned with the provisions of the Companies Act, 2013, in subs(cid:415)tu(cid:415)on for and to the en(cid:415)re exclusion of the exis(cid:415)ng Ar(cid:415)cles of Associa(cid:415)on of the Company. Brief details thereof are included in Annexure-II. The Board Mee(cid:415)ng commenced at 3:30 P.M. IST and concluded at 5:15 P.M.IST. You are requested to kindly take the above informa(cid:415)on on record. Thanking you, Yours faithfully, For Charms Industries Limited SHIVKUMAR R. CHAUHAN MANAGING DIRECTOR DIN: 00841729 CHARMS INDUSTRIES LIMITED (CIN: L72900GJ1992PLC017494) Reg. Office: 108-B/109Sampada Building, Mithakhali Six Roads,Opp-Hare Krishna Complex, B/H Kiran Motors, Ahmedabad-380009 Gujarat Contact No. 09898031513, Website: www.charmsindustries.co.in, E-mail: charmsltd@yahoo.com ANNEXURE-I Details rela(cid:415)ng to appointment of Secretarial Auditor Par(cid:415)culars Details Appointment of M/s Nisarg Sharma & Associates, Company Reason for change Secretaries, as Secretarial Auditor of the Company. The Board has recommended the appointment at its mee(cid:415)ng held on September 2, 2026, subject to approval of the Members at the ensuing Date and term of 34th AGM. The proposed tenure is five consecu(cid:415)ve financial years appointment from FY 2026-27 to FY 2030-31, i.e. from the conclusion of the 34th AGM un(cid:415)l the conclusion of the 39th AGM. M/s Nisarg Sharma & Associates is a Peer Reviewed firm of Prac(cid:415)sing Company Secretaries providing professional services in corporate laws, securi(cid:415)es laws, secretarial audit, corporate governance and allied Brief Profile compliance and advisory ma(cid:425)ers. The Firm holds Peer Review Cer(cid:415)ficate No. 3941/2023 issued by the Ins(cid:415)tute of Company Secretaries of India. Disclosure of rela(cid:415)onships Not Applicable. between Directors CHARMS INDUSTRIES LIMITED (CIN: L72900GJ1992PLC017494) Reg. Office: 108-B/109Sampada Building, Mithakhali Six Roads,Opp-Hare Krishna Complex, B/H Kiran Motors, Ahmedabad-380009 Gujarat Contact No. 09898031513, Website: www.charmsindustries.co.in, E-mail: charmsltd@yahoo.com ANNEXURE-II Brief details of proposed altera(cid:415)on/adop(cid:415)on of MOA and AOA A. Memorandum of Associa(cid:415)on The Board has proposed altera(cid:415)on and modernisa(cid:415)on of the Object Clause, including removal of the erstwhile Money Changer business from the principal objects and inclusion/expansion of objects rela(cid:415)ng to iron and steel, Sponge Iron/DRI, pharmaceu(cid:415)cals and healthcare, hotels, restaurants and hospitality, real estate, construc(cid:415)on and infrastructure, trading and distribu(cid:415)on and allied ac(cid:415)vi(cid:415)es. The proposed new MOA also retains the exis(cid:415)ng informa(cid:415)on technology/so(cid:332)ware/hardware related objects and reflects the exis(cid:415)ng authorised share capital of ₹4,50,00,000 divided into 4,50,00,000 equity shares of ₹1 each consequent upon the reduc(cid:415)on of face value of the equity shares. The exis(cid:415)ng Memorandum of Associa(cid:415)on of the Company was framed under the Companies Act, 1956. The Board has proposed adop(cid [Showing first 8,000 characters — download PDF for full document]