Notice of the Thirty-Fourth Annual General Meeting for the FY 2025-26 to be held on Monday, September 28, 2026.

REGISTERED OFFICE: AJAX ENGINEERING LIMITED (formerly known as Ajax Engineering Private Limited) CIN: L28245KA1992PLC013306 #253/1, 11 Main, Phase III, Peenya Industrial Area, Bengaluru – 560 058, Karnataka, India. T: +91 80 67200082/83 Toll Free No.: 1-800-419-0628 E: customercare@ajax-engg.com www.ajax-engg.com Date: September 4, 2026 BSE Limited, National Stock Exchange of India Limited, Exchange 20th Floor, P.J. Towers, Plaza, C-1, Block G, Dalal Street, Bandra Kurla Complex, Bandra (E), Mumbai – 400 Mumbai - 400001. 051 BSE Scrip Code: 544356 NSE Scrip Symbol: AJAXENGG Subject: Submission of Notice of the 34th Annual General Meeting of Ajax Engineering Limited under Regulation 30 and 34 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 (“Listing Regulations”) Dear Sir/Madam, With reference to the captioned subject and pursuant to Regulation 30 and 34 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, please find enclosed herewith the notice convening 34th Annual General Meeting of the Company scheduled to be held on Monday, September 28, 2026, at 09:30 A.M. (IST) through Video Conferencing (“VC”)/ Other Audio-Visual Means(“OAVM”) in accordance with relevant circulars issued by the Ministry of Corporate Affairs and the Securities and Exchange Board of India. In compliance with the aforesaid circulars, the Annual Report along with the Notice of the Annual General Meeting is being sent only by electronic mode to those shareholders whose e-mail address is registered with the Company/ Registrar and Transfer Agent of the Company/Depository Participants as on August 28, 2026. The remote e-voting period commences on Thursday, September 25, 2026, at 9:00 a.m. (IST) and ends on Friday, September 27, 2026, at 5:00 p.m. (IST). During this period Members of the Company holding shares, as on the cutoff date i.e., Monday, September 21, 2026, may cast their vote electronically. The voting rights of the Members shall be in proportion to their shareholding in the Company as on the cut-off date. The Notice of Annual General Meeting inter-alia includes the detailed procedure for remote e-voting. The Notice of Annual General Meeting can also be accessed from the website of the Company at https://www.ajaxengg.com/investor-relations under General Meeting. We request you to take the above information on record. Thanking you. Yours faithfully, For Ajax Engineering Limited (Formerly known as Ajax Engineering Private Limited) Shruti Vishwanath Shetty Company Secretary and Compliance Officer Membership No. A33617 Enclosure: As above Notice AJAX ENGINEERING LIMITED (formerly known as Ajax Engineering Private Limited) CIN: L28245KA1992PLC013306 REGISTERED OFFICE: No.253/1, 11th Main, 3rd Phase, Peenya Industrial Area, Bengaluru - 560058, Karnataka, India website: www.ajax-engg.com E-mail: Complianceofficer@ajax-engg.com Tel: +91 80 67200082/83 NOTICE OF THE THIRTY FOURTH ANNUAL GENERAL MEETING Notice is hereby given that the 34th Annual General Companies Act, 2013 read with the Companies Meeting of the Members of Ajax Engineering (Audit and Auditors) Rules, 2014 (including any Limited (formerly known as Ajax Engineering statutory modification(s) or re-enactment(s) Private Limited) (“the Company”) will be held on thereof, for the time being in force) the Monday, September 28, 2026 at 9:30 A.M (IST) through Company hereby ratifies the remuneration Video Conferencing (“VC”)/Other Audio Visual Means (“OAVM”), to transact the following business: not exceeding ` 5,00,000 (Indian Rupees Five lakhs Only) plus applicable taxes, conveyance ORDINARY BUSINESS: and reimbursement of out of pocket expenses 1. To consider and adopt the Audited Financial incurred in connection with the cost audit Statements of the Company for the financial year payable to Mr. A. N. Sriram, Bengaluru having ended March 31, 2026, and the reports of the Board Firm Registration No. 100194) who have been of Directors and Auditors thereon. appointed as cost auditors by the Board of 2. To appoint a director in place of Mr. Krishnaswamy Directors on the recommendation of the Audit Vijay (DIN: 00642715), Whole Time Director and Executive Chairman who retires by rotation, Committee on August 05, 2026, to conduct and being eligible, has offered himself for the audit of cost records of the Company for re-appointment. the financial year 2026-27. RESOLVED FURTHER THAT the Board of SPECIAL BUSINESS: Directors of the Company be and is hereby 3. Ratification of Cost Auditor’s Remuneration authorized to do all such acts, deeds and To consider, and if thought fit, to pass the things as may be necessary for the purpose of following resolution as an Ordinary Resolution: giving effect to the aforesaid resolution. “RESOLVED THAT in accordance with the provisions of Section 148 and other applicable provisions of the By Order of the Board of Directors For Ajax Engineering Limited (formerly known as Ajax Engineering Private Limited) Date: September 2, 2026 Shruti Vishwanath Shetty Place: Bengaluru Company Secretary and Compliance Officer Membership No: A33617 Registered Office: No.253/1, 11th Main, 3rd Phase, Peenya Industrial Area, Bengaluru 560058 AJAX Engineering Limited 1 NOTICE (CONTD.) NOTES: Members holding equity shares as on 1. The Explanatory Statement pursuant to Section Monday, September 21 (“Cut-off date”) may 102 of the Companies Act, 2013 (“Act”) in respect join the AGM anytime 30 minutes before the of Item No. 3 of the accompanying Notice, is scheduled time by following the procedure annexed hereto. Further, disclosures in relation outlined in the Notice. A person who is a Member to Item No. 2 of the Notice, as required under the as on the Cut-off date shall be eligible to attend Securities and Exchange Board of India (Listing and vote on resolutions proposed at the AGM. Obligations and Disclosure Requirements) Any person who is not a Member as on the Cut- Regulations, 2015 (“SEBI Listing Regulations”) off date shall treat this Notice for informational and ‘Secretarial Standard 2 on General Meetings’ purpose only. issued by the Institute of Company Secretaries of 5. The Members can join the AGM in the VC/ India (“SS-2”) forms an integral part of this Notice. OAVM mode 15 minutes before and after the 2. The Ministry of Corporate Affairs (‘MCA’), inter alia, scheduled time of the commencement of the vide its General Circular No(s). 14/2020 dated April Meeting by following the procedure mentioned 08, 2020, 17/2020 dated April 13, 2020, 20/2020 in the Notice. The Members will be able to dated May 5, 2020, and subsequent circulars view the proceedings on the website of Central issued in this regard, the latest being General Depository Services (India) Limited (CDSL) at Circular No. 03/2025 dated September 22, 2025 www.evotingindia.com. (collectively referred to as ‘MCA Circulars’), has The facility of participation at the AGM through permitted the holding of the AGM through Video VC/OAVM will be made available to atleast 1000 Conferencing (‘VC’) or through Other Audio- members on first come first served basis. This will Visual Means (‘OAVM’), without the physical not include large Shareholders (Shareholders presence of the Members at a common venue. holding 2% or more shareholding), Promoters, Further, the Securities and Exchange Board Institutional Investors, Directors, Key Managerial of India (‘SEBI’) vide Regulations 36(1), 44(4) Personnel, the Chairpersons of the Audit and 58(1) of the SEBI Listing Regulations have Committee, Nomination and Remuneration provided relaxations from compliance with Committee and Stakeholders Relationship certain provisions of the SEBI Listing Regulations Committee, Auditors etc. who are allowed to relating to the sending of Annual Report to attend the AGM without restriction on account security holders as well as appointing of proxy. of first come first served basis. In compliance with the applicable provisions 6. The attendan [Showing first 8,000 characters — download PDF for full document]