General Updates

Date: 7th September, 2026 To, To, The Listing Department, The Listing Department, BSE Limited, National Stock Exchange of India Limited, Floor 25, P. J. Towers, Exchange Plaza, Plot No. C/1, G Block, Bandra Kurla Dalal Street, Mumbai 400 001 Complex, Bandra (East), Mumbai 400 051 BSE Scrip Code: 530355 Trading Symbol: ASIANENE Sub: Disclosure under Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 – Receipt of Letter of Intent by Oilmax Energy Private Limited for the Pakro Vanadium and Graphite Block. Dear Sir / Madam, Pursuant to Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 (“Listing Regulations”), Asian Energy Services Limited (the “Company”) is pleased to inform that it has received a letter from Oilmax Energy Private Limited (Company’s holding and amalgamating company (“OEPL”) regarding receipt of a Letter of Intent ("LOI") from the Government of Arunachal Pradesh, Department of Geology and Mining. The LOI has been issued to OEPL for grant of a Composite Licence for the Pakro Vanadium and Graphite Block situated at Pakro Village, Pizirang Circle, Pakke Kessang District, Arunachal Pradesh, over an area of 155.46 hectares. We hereby inform that this LOI has been awarded to “OEPL” (Holding/Amalgamating Company) and not to the company directly. Relevance to the Scheme of Amalgamation: As previously disclosed to the stock exchanges, the Scheme of Merger by Absorption of Oilmax Energy Private Limited (“OEPL”) into the Company (“AESL”) has been heard by the Hon’ble National Company Law Tribunal (“NCLT”), and the matter is presently reserved for order. Upon the Scheme becoming effective, all assets, contracts, licences and blocks of OEPL shall vest in the Company as a going concern. This is for your information and records. Thanking you, Yours faithfully, For Asian Energy Services Limited Shweta Jain Company Secretary & Compliance Officer Membership No.: 23368 Asian Energy Services Limited CIN: L23200MH1992PLC318353 3B, 3rd Floor, Omkar Esquare, Chunabhatti Signal, Eastern Express Highway, Sion (East), Mumbai - 400022 Phone +91 (22) 42441100 E-mail:secretarial@asianenergy.com Web:https://www.asianenergy.com Source to Solutions