Intimaiton of appointment of Independent director

AFLOAT ENTERPRISES LIMITED (FORMERLY KNOWN AS ADISHAKTI LOHA AND ISPAT LIMITED) Regd. Office: Plot 3, SHOP 325, DDA C.CNTR, Aggarwal Plaza, Sec-14, Rohini New Delhi -110085 P h o n e : +91-9810260127, E-mail: info@adishaktiloha.com, CIN: L46209DL2015PLC275150 September 03, 2026 The Department of Corporate Relations BSE Limited P. J. Towers, Dalal Street, Fort, Mumbai-400 001 SECURITY CODE: 543377 ISIN:INE0CWK01019 Dear Sir/Madam, Sub: Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015_- Outcome of Board Meeting held on Thursday, September 03, 2026 In terms of Regulation 30 and Regulation 33 read with Para Aof Part A of Schedule III of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 and Circular No. CIR/CFD/CMD/4/2015 dated September 09, 2015,this is to inform you that the Board of Directors of the Company at its meeting held today i.e. Thursday, 03rd day of September, 2026 at 03:00 p.m. at the registered office of the Company, inter alia, considered and approved the following : 1. On the recommendation of Audit Committee, the board have considered and recommended to the member for their approval at the ensuing AGM, the appointment of M/s S K HANDA & ASSOCIATES. (FRN: 016424N and Peer review Certificate no: 022934) as Statutory Auditors of the company , in place of retiring Auditors M/s V.N Purohit & CO ( FRN: 304040E) for a period of 5( five) from the conclusion of the 11th Annual General Meeting ( AGM) until the conclusion of 16th Annual General Meeting ( AGM). Brief Profile of M/s S K HANDA & ASSOCIATES. (FRN: 016424N and Peer review Certificate no: 022934) and other detail(s) required inter-alia under Regulation 30 of SEBI (Listing Obligations and Disclosure requirements) Regulations, 2015 (“SEBI LODR Regulations”) read with SEBI Circular No. SEBI/HO/CFD/PoD2/CIR/P/0155 dated 11 November, 2024, is enclosed herewith as Annexure- I. 2. Appointment of Mr. Indrajeet Pradhan ( DIN:10148955) as Additional Director , ( Non- Executive) Independent director of the company w.e.f September 03,2026 subject to approval of members of the company at ensuing Annual General Meeting of the Company. In compliance of Regulation 30 of SEBI LODR , 2015 brief profile of Mr. Indrajeet Pradhan( DIN:10148955) appointed as Independent Directors as attached below. Annexure-II 3. Appointment of Mr. Mohit Lochan (DIN:11896430) as Additional Director, ( Non- Executive) Independent director of the company w.e.f September 03,2026 subject to approval of members of the company at ensuing Annual General Meeting of the Company. In compliance of Regulation 30 of SEBI LODR , 2015 brief profile of Mr. Mohit Lochan ( DIN:11896430) appointed as Independent Directors as attached below. Annexure-III 4. Appointment of Mrs. Ritika Bachhawat (DIN-08615248) as Additional Director, (Non- Executive) Independent director of the company w.e.f September 03,2026 subject to approval of members of the company at ensuing Annual General Meeting of the Company. In compliance of Regulation 30 of SEBI LODR , 2015 brief profile of Mrs. Ritika Bachhawat (DIN- 08615248) appointed as Independent Directors as attached below. Annexure-IV AFLOAT ENTERPRISES LIMITED (FORMERLY KNOWN AS ADISHAKTI LOHA AND ISPAT LIMITED) Regd. Office: Plot 3, SHOP 325, DDA C.CNTR, Aggarwal Plaza, Sec-14, Rohini New Delhi -110085 P h o n e : +91-9810260127, E-mail: info@adishaktiloha.com, CIN: L46209DL2015PLC275150 5. Approved the appointment of M/s. Rohit Bhatia & Associates, Practicing Company Secretaries, (Firm Registration No. - S2021HR836700 and Peer Review No.- 7194/2025) as the Secretarial Auditor of the Company to hold office for the first (1st) term of five (05) consecutive years commencing from the Financial Year 2026-27 till the end of Financial Year 2030-31. Brief Profile and other detail(s) required inter-alia under Regulation 30 of SEBI (Listing Obligations and Disclosure requirements) Regulations, 2015 (“SEBI LODR Regulations”) read with SEBI Circular No. SEBI/HO/CFD/PoD2/CIR/P/0155 dated 11 November, 2024, is enclosed herewith as Annexure- V. 6. Fixed the Venue, Day, Date and time of the Annual General Meeting (“AGM”) : Venue : Plot 3 , Shop 325, DDA C . CNTR , Agarwal Plaza, Sec-14, Rohini, Delhi-110085 Day : Wednesday Date : September 30, 2026 Time : 01:30 P:M 7. Consider and approved the Notice of ensuing 11th Annual General Meeting. 8. Fixed the Cutoff date for the eligibility of Members to vote at the ensuing Annual General Meeting. The Company has fixed Wednesday, September 23, 2026 as the "Cut-off Date" for the purpose of determining the members eligible to vote on the resolutions set out in the Notice of the AGM or to attend the AGM. 9. Considered and approved Directors’ Report for the financial year ended 31st March 2026. 10. Remote E-voting Period: The remote e-voting period for the AGM would begin on Sunday, September 27, 2026, at 9:00 A.M. (lST) and end on Tuesday, September 29,2026 at 5:00 P.M. (lST). 11. The appointment Mr. Aakash Goel, Proprietor of M/s G Aakash & Associates, Practicing Company Secretaries, to act as scrutinizers for conducting the e-voting process in a fair and transparent manner. The Company will seek approval of the members of the Company for item no 1 to 5 in the 11th Annual General Meeting of the Company. The Notice and other related information/ documents will submit in due course. The Meeting commenced at 03:00 P.M. and concluded at 03:30 P.M. Kindly consider the above for your necessary information and record. Thanking You, Yours truly For Afloat Enterprises Limited ( Formerly Adishakti Loha and Ispat Limited) (PAWAN KUMAR MITTAL) Director DIN: 00749265 Date: 03/09/2026 Place: Delhi AFLOAT ENTERPRISES LIMITED (FORMERLY KNOWN AS ADISHAKTI LOHA AND ISPAT LIMITED) Regd. Office: Plot 3, SHOP 325, DDA C.CNTR, Aggarwal Plaza, Sec-14, Rohini New Delhi -110085 P h o n e : +91-9810260127, E-mail: info@adishaktiloha.com, CIN: L46209DL2015PLC275150 Annexure-I Details required pursuant to Para A of Part A of Schedule III of Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 read with SEBI Master Circular No. SEBI/HO/CFD/PoD2/CIR/P/2023/120 dated November 11, 2024, concerning the Appointment of Statutory Auditors. S. No. Particulars Details 1. Name of Statutory Auditors M/s S K HANDA & ASSOCIATES. (FRN: 016424N) 2. Reason of Change viz. appointment Appointment: ,resignation , removal , death or The term of the current Statutory Auditor i.e. M/s V.N. PUROHIT & CO. (Firm Regn. No. 304040E) will be otherwise. expiring at the conclusion of ensuing 11th Annual General Meeting of the Company. Therefore, the Board, on the recommendation of the Audit Committee and subject to the approval of the shareholders of the Company, has proposed to appoint , M/s S K HANDA & ASSOCIATES. (FRN: 016424N and Peer review Certificate no: 022934), as the Statutory Auditors of the Company for a term of 5 (five) consecutive years, to hold office from the conclusion of ensuing 11th AGM till the conclusion of 16th AGM of the Company. 3. Date of appointment and Terms of Term: 5 years appointment For a period of 5 years commencing from the conclusion of 11th Annual General Meeting of the Company till the conclusion of 16th Annual General Meeting of the Company subject to the approval of the Shareholders of the Company at the ensuing i.e. 11th Annual General Meeting. 4. Brief Profile M/s S K HANDA & ASSOCIATES. (FRN: 016424N), Chartered Accountants, is a firm which is provides services in the field of Direct Tax, GST, Auditing (Statutory Audit, Tax Audit, Internal Audit, Accounting, Support for Business Valuation and valuation of securities or financial assets etc. The firm has its Head office at Delhi with branches in multiple locations. It has been registered with the Institute of Chartered Accountants of India having Firm Registration No. (FRN: 016424N and Peer review Certificate no: 022934). 5. Disclosure of [Showing first 8,000 characters — download PDF for full document]