Outcome of Board Meeting

Date: 07.09.2026 Bombay Stock Exchange Limited National Stock Exchange of India Limited Department of Corporate Services Listing Department Floor 25, P.J. Towers 5th Floor, Exchange Plaza Dalal Street Bandra (E) Mumbai 400001 Mumbai 400051 (SCRIP CODE: 513729) (SYMBOL: AROGRANITE/EQ) Sub: Outcome of Board Meeting held on Monday, September 07, 2026 Dear Sir/Madam, 1. Disclosure under Regulation 30 and 37A of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 ("SEBI LODR") Pursuant to Regulation 30 and 37A read with Schedule III and all other applicable provisions, if any, of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015, this is to inform you that as per the recommendation of the Audit Committee, the Board of Directors of the Company at its meeting held today, i.e., September 07, 2026, has considered and approved the sale/disposal of one of the business unit/undertaking of the Company situated at Plot No. PA-008-010 To 014, Multi-Product SEZ of Mahindra World City (Jaipur) Limited, Village- Kalwara, Jhai, Bhambhoriya, Bagru Khurd and Newta, Tehsil-Sanganer, Distt. Jaipur- 302037 Rajasthan by way of a Slump Sale on a going concern basis, subject to the approval of the shareholders by way of a Special Resolution via Postal Ballot, including the special public voting thresholds prescribed under Regulation 37A of the SEBI LODR and other stakeholders including Banks and other regulatory authorities. The detailed disclosures required under SEBI Master Circular No. SEBl/HO/49/14/14(7)2025- CFD-POD2/I/3762/2026 dated January 30, 2026 ("SEBI Master Circular"), are enclosed herewith as Annexure A. 2. Approval of Draft Notice of Postal Ballot of the Company 3. Appointment of M/s S Panigrahi & Associates, Practicing Company Secretary as Scrutinizer of Company for scrutinizing the E-Voting process for the Postal Ballot of the Company as per the provisions of Companies Act, 2013 and other applicable provisions, if any, and rules made there under. The Board meeting commenced at 02:30 P.M. and concluded at 03:40 P.M. You are requested to take the same on your record. Thanking You Yours Faithfully For Aro Granite Industries Limited Ayush Goel Company Secretary and Compliance Officer ANNEXURE A Disclosures relating to the Slump Sale of the Business Unit / Undertaking Sr. No. Particulars Details/Disclosures 1 The amount and percentage of the Turnover Contributed: ₹11.96 Crore turnover or revenue or income and (Revenue from operations excluding other net worth contributed by such unit income), representing 16.27% of the total or division of the listed entity annual consolidated turnover of the during the last financial year Company (₹73.51 Crore). Net Worth Contribution: The asset book value is ₹48.19 Crore as at March 31, 2026, which represents 27.70% of the audited net worth of the Company (₹173.94 crore) for the preceding financial year. 2 Date on which the agreement for The Board after the recommendation of sale/BTA has been entered into Audit Committee has approved the draft of the Memorandum of Understanding (MOU)- Non-binding and it will be executed formally in the form of Business Transfer Agreement (‘BTA’) upon obtaining necessary approvals from the shareholders’ via Postal Ballot and from other stakeholders including Banks and regulatory authorities for authorizing the Company to enter into agreements to give effect to the Proposed Sale Transaction, on the terms set out in the explanatory statement to the postal ballot notice ("Postal Ballot Notice"). 3 The expected date of completion of Subject to the approvals from the sale/disposal shareholders via Postal Ballot and from other stakeholders including Banks and regulatory authorities, the completion of the proposed sale transaction will occur as may be mutually agreed between the Company and the Buyer. 4 Consideration received from such The total consideration receivable by the sale/disposal; Company, as contemplated under the draft Memorandum of Understanding (“MOU”) proposed to be entered into between the parties, is Rs. 67.00 Crores (Rupees Sixty- Seven Crores only). 5 Brief details of buyers and whether Buyer Name: M/s United Stones Private any of the buyers belong to the Limited. Corporate Identification Number promoter/ promoter group/group (CIN) U14200RJ2015PTC047598 and companies. If yes, details thereof having its registered office at 1-6, NAKODA COLONY, NARSINGH PURA, BEAWAR, Ajmer, AJMER, Rajasthan, India, 305901 Promoter Group Verification: The buyer is an independent, third-party commercial entity. The buyer, its promoters, and its key managerial personnel do not belong to the promoter, promoter group of the Company. 6 Whether the transaction would fall No, the transaction does not fall within the within related party transactions? definition of a Related Party Transaction If yes, whether the same is done at under Section 188 of the Companies Act, "arm's length" 2013, or Regulation 23 of the SEBI LODR. 7 Whether the sale, lease or disposal The Proposed Sale Transactions are being of the undertaking is outside undertaken outside a scheme of Scheme of Arrangement If yes, arrangement. The investment of the details of the same including Company is in excess of 20% of its net worth compliance with regulation 37A of as per the last Audited Balance Sheet of the LODR Regulations. Company for the financial year ending on March 31, 2026, i.e., 20% of 173.94 Crores and accordingly, the Proposed Sale Transactions fall within the scope of Section 180(1)(a) of the Companies Act, 2013 and Regulation 37A of the SEBI LODR Regulations. Approval of the shareholders under Section 180(1)(a) of the Companies Act, 2013 and Regulation 37A of the SEBI LODR Regulations is being sought for the Proposed Sale Transactions pursuant to the Postal Ballot Notice. 8 Rationale for the sale/disposal and Rationale: Strategic portfolio optimization to details of utilization of proceeds unlock trapped economic capital, lean out operations, and mitigate segment risks. ,Utilization: Allocation toward expanding high-margin core business verticals, reducing cost of loans, and reinforcing general working capital.