Cessation

Shalby/SE/2026-27/52 September 12, 2026 The Listing Department Corporate Service Department National Stock Exchange of India Ltd BSE Limited Mumbai 400 051. Mumbai 400 001. Scrip Code : SHALBY Scrip Code: 540797 Through : https://neaps.nseindia.com/NEWLISTINGCORP/ Through : http://listing.bseindia.com Subject: Intimation under Regulation 30 of SEBI (LODR) Regulations, 2015 – Ordinary Resolution for appointment of Mr. Shanay Vikram Shah (DIN:02726541) as Director and Whole Time Director Not Approved by Shareholders Dear Sir / Madam, Pursuant to Regulation 30 read with Schedule III of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, we hereby inform you that:- The Board of Directors at its meeting held on August 12, 2026, approved the appointment of Mr. Shanay Vikram Shah (DIN: 02726541) as Additional Director designated as Whole-time Director of the Company, subject to approval of the shareholders at the 22nd Annual General Meeting (AGM). Based on the voting results of 22nd AGM declared on September 11, 2026, it is observed that Ordinary Resolution no. 3 relating to appointment of Mr. Shanay Vikram Shah (DIN: 02726541) as Director of the Company and Ordinary Resolution no. 4 relating to his appointment as Whole-time director of the Company, as set out in the Notice of said AGM, did not secure requisite majority by the shareholders of the Company. In view of the above and in accordance with the provisions of the Companies Act, 2013, Schedule IV thereto, and the SEBI (LODR) Regulations, 2015, Mr. Shanay Vikram Shah automatically ceases to hold office as an Additional Director (Whole-time Director) of the Company with effect from September 10, 2026 (i.e., the date of the AGM), however, he will continue to act as President of the Company. The details required under Reg. 30 read with Part A of Schedule III of Listing Regulations are provided in attached Annexure. You are requested to take the same on your record. Thanking You, Yours sincerely, For Shalby Limited Tushar Shah Vice President & Company Secretary Mem. No: F7216 Encl.: as above Annexure – A Details as required under Regulation 30(6) read with Para A(7) of Part A of Schedule III of SEBI (LODR) Regulations, 2015 and SEBI Master Circular No. SEBI/HO/CFD/PoD2/CIR/P/0155 dated November 11, 2024 Sr. Particulars Details 1 Reason for change viz. appointment, Ordinary resolutions no. 3 and 4 of AGM Notice resignation, removal, death or otherwise; dated August 12, 2026 did not secure requisite majority based on voting results declared on September 11, 2026 2 Date of appointment / Cessation (as applicable) September 10, 2026 (automatically ceased) & Term of appointment 3 Brief Profile (in case of appointment); Not Applicable 4 Disclosure of relationships between directors Not Applicable (in case of appointment) 5 Affirmation that the Director being appointed is Not Applicable not debarred from holding the office of director by virtue of any order of SEBI or any other such authority.