Notice of the 32nd Annual General Meeting of the Company for the FY 2025-26

Asian Star Company Limited (CIN: L36910MH1995PLC086017) Registered Office: 114-C, Mittal Court, Nariman Point, Mumbai – 400 021. Email - secretarial@asianstargroup.com, Website - www.asianstargroup.com, Tel No: +91 22 62444111, Fax: +91 22 62444148 NOTICE Notice is hereby given that Thirty-second (32nd) Annual General Meeting of Asian Star Company Limited will be held on Monday, September 28, 2026 at 2.00 p.m. through Video Conferencing (“VC”)/ Other Audio Visual Means (“OAVM”) to transact the following business. The venue of the meeting shall be deemed to be the Registered Office of the Company at 114-C, Mittal Court, Nariman point Mumbai 400 021 ORDINARY BUSINESS: 1. To receive, consider and adopt: a. the audited standalone financial statements of the Company for the financial year ended March 31, 2026 together with the Reports of the Board of Directors and Auditor's thereon and b. the audited consolidated financial statements of the Company for the financial year ended March 31, 2026 together with the Reports of the Auditor's thereon. 2. To declare a dividend of Rs. 1.50 per Equity share, for the year ended March 31, 2026. 3. To consider and appoint Mr. Priyanshu A. Shah (DIN: 00004759) as a Director, who retires by rotation and being eligible, offers himself, for re-appointment. 4. To consider and appoint Mr. Dharmesh D. Shah (DIN: 00004704) as a Director, who retires by rotation and being eligible, offers himself, for re-appointment. By Order of the Board of Directors Place: Mumbai Date: August 13, 2026 Arvind T. Shah Chairman, CFO & Wholetime Director (DIN: 00004720) Registered Office: 114-C, Mittal Court, Nariman Point, Mumbai - 400021. (CIN: L36910MH1995PLC086017) Tel: +91 22 62444111 Email: secretarial@asianstargroup.com Website: www.asianstargroup.com NOTES The Ministry of Corporate Affairs (“MCA”), vide its General Circular No. 20/2020 dated 5 May 2020 and 17/2020 dated April 13, 2020, in relation to “Clarification on passing of ordinary and special resolutions by companies under the Companies Act, 2013”, General Circular Nos. 20/2020 dated 5 May 2020 and subsequent circulars issued in this regard, the latest being General Circular No 03/2025 dated 22 September 2025 in relation to “Clarification on holding of AGM through VC/OAVM, collectively referred to as “MCA Circulars”, has allowed companies to conduct the Annual General Meeting(“AGM”) through Video Conferencing (“VC”) or Other Audio-Visual Means (“OAVM”) at a common venue without physical presence of members. In compliance with the provisions of the Companies Act, 2013 (the Act), SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, as amended, (Listing Regulations) and MCA Circulars, the 32nd AGM of the Company is being conducted through VC/OAVM at the registered office of the Company as the deemed venue. 1. The relevant details of the Director seeking re-appointment at this Annual General Meeting, as required under Regulation 36(3) of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 and Secretarial Standard on General Meetings (SS-2) issued by the Institute of Company Secretaries of India, are annexed to this Notice. 2. Since this AGM is being held pursuant to the MCA circulars through VC/OAVM, physical attendance of Members has been dispensed with. Accordingly, the facility for appointment of proxies by members will not be available for the AGM and hence, Proxy Form, Attendance Slip and Route Map are not annexed to this Notice. 3. Authorized representatives of the corporate members/institutional investors intending to participate in the AGM pursuant to Sec 113 of the Act, are requested to send to the Company certified copy of Board Resolution along with Authority letter etc. authorizing them to attend the AGM, by email to secretarial@asainstargroup.com or upload on the VC portal / e-voting portal not later than 48 hours before the scheduled time of the commencement of the Meeting. 4. The Members can join the AGM in the VC/OAVM mode 15 minutes before and after the scheduled time of the commencement of the Meeting by following the procedure mentioned in the Notice. The large Shareholders (Shareholders holding 2% or more shareholding), Promoters, Institutional Investors, Directors, Key Managerial Personnel, the Chairpersons of the Audit Committee, Nomination and Remuneration Committee and Stakeholders Relationship Committee, Auditors etc. who are allowed to attend the AGM without restriction on account of first come first served basis. 5. The attendance of the Members attending the AGM through VC/OAVM will be counted for the purpose of reckoning the quorum under Section 103 of the Companies Act, 2013. 6. Pursuant to the provisions of Section 108 of the Companies Act, 2013 read with Rule 20 of the Companies (Management and Administration) Rules, 2014 (as amended)and Regulation 44 of SEBI (Listing Obligations & Disclosure Requirements) Regulations 2015 (as amended), and the Circulars issued by the Ministry of Corporate Affairs dated April 08, 2020, April 13, 2020 and May 05, 2020 the Company is providing facility of remote e-Voting to its Members in respect of the business to be transacted at the AGM. For this purpose, the Company has entered into an agreement with National Securities Depository Limited (NSDL) for facilitating voting through electronic means, as the authorized agency. The facility of casting votes by a member using remote e- Voting system as well as venue voting on the date of AGM will be provided by NSDL. Kindly check instruction for attending AGM. 7. In line with the Ministry of Corporate Affairs (MCA) and SEBI Circulars, the Notice of the 32nd AGM along with the Annual Report 2025-26 are being sent only by electronic mode to those members whose e-mail addresses are registered with the Company/Depositories. Members may please note that this notice and Annual Report 2025-26 will also be available on the Company's website at https://www.asianstargroup.com/investor-centre/. The Notice can also be accessed from the website of the Stock Exchanges i.e. BSE Limited at www.bseindia.com and the AGM Notice is also available on the website of NSDL (agency for providing the Remote e-Voting facility) i.e. https://www.evoting.nsdl.com. 8. In case of joint holders only such joint holder who is higher in the order of names will be entitled to vote during the meeting. 9. The Register of Directors and Key Managerial Personnel and their shareholding, maintained under Section 170 of the Act, and the Register of Contracts or Arrangements in which the directors are interested, maintained under Section 189 of the Act, will be available electronically for inspection by the members during the AGM. All documents referred to in the Notice will also be available for electronic inspection without any fee by the members from the date of circulation of this Notice up to the date of AGM, i.e. September 28, 2026. Members seeking to inspect such documents can send an email to secretarial@asianstargroup.com. 10. The Record date shall be September 21, 2026, for determining the entitlement of Members for dividend for the year ended March3 1, 2026, if declared. Dividend related information 11. Final dividend for the year ended March 31, 2026, as recommended by the Board of Directors, if declared, at the AGM, shall be paid to those Members, whose names appear: - a) as beneficial owners at the end of business hours on September 21, 2026, as per lists furnished by Central Depository Services Limited and National Securities Depository Limited in respect of shares held in electronic form; and b) on the Register of Members of the Company as on September 21, 2026, after giving effect to valid transfers in respect of transfer requests lodged with Bigshare Services Private Limited., Registrar and Share Transfer Agent (RTA) of the Company, on or before the close of business hours on September 21, 2026, in respect of shares held in physical form. 12. Members holding [Showing first 8,000 characters — download PDF for full document]