Appointment

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 17, 2026 BSE Limited, National Stock Exchange of India Limited, 20th Floor, P.J. Towers, Exchange Plaza, C-1, Block G, Dalal Street, Bandra Kurla Complex, Bandra (E), Mumbai – Mumbai - 400001. 400 051 BSE Scrip Code: 544356 NSE Scrip Symbol: AJAXENGG Subject: Outcome of the Board meeting - announcement under SEBI (Listing Obligations and Disclosure Requirements) Regulations 2015. Dear Sir/Ma’am, Pursuant to Regulation 30 read with Part A of Schedule III of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 ("SEBI Listing Regulations"), we hereby inform that on the recommendation of the Nomination and Remuneration Committee, we wish to inform you that the Board of Directors of Ajax Engineering Limited (“the Company”) at their meeting held today i.e., September 17, 2026, has inter alia, took the following decision: 1. Pursuant to Regulation 30 read with Part A of Schedule III of SEBI (Listing Obligations and Disclosure Requirements) Regulations 2015, (“SEBI LODR Regulations”), and based on the recommendation of the Nomination and Remuneration Committee of the Company, the Board of Directors of the Company has appointed Mr. Shishir Joshipura (DIN: 00574970) as an Additional Director (Non-executive and Independent Director) on the Board of Directors of the Company subject to the approval of the shareholders. Further, it is confirmed that Mr. Shishir Joshipura (DIN: 00574970) is not debarred from holding the office of director by virtue of any SEBI order or of any other authority. The details as required under Listing Regulations read with SEBI Master Circular No. HO/49/14/14(7)2025-CFDPOD2/I/3762/2026 dated January 30, 2026 is provided in Annexure - II The meeting of Board of Directors commenced at 15:31 PM and concluded at 16:01 PM. Request you to take the above intimation on your record. Thanking you, For Ajax Engineering Limited (Formerly known as Ajax Engineering Private Limited) Shruti Vishwanath Shetty Company Secretary and Compliance Officer Membership No. A33617 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 Annexure – I Disclosure as required under Regulation 30 and Schedule III of Listing Regulation 2015 read with Master Circular No. HO/49/14/14(7)2025-CFDPOD2/I/3762/2026 dated January 30, 2026: Sl. No. Particulars Disclosure 1. Name Mr. Shishir Joshipura 2. Reason for change viz., appointment, Appointment of Mr. Shishir Joshipura reappointment, resignation, removal, (DIN: 00574970) as an Additional Director death, cessation or otherwise on the Board of the Company. 3. Date of appointment/ Date of Appointment – Thursday, reappointment/cessation (as applicable) September 17, 2026 & term of appointment/reappointment Term of Appointment – Mr. Shishir Joshipura will hold office as a Non- executive and Independent Director, subject to the approval of the shareholders of the Company as required under the SEBI (Listing Obligations & Disclosure Requirements) Regulations, 2015. 4. Brief Profile (in case of appointment) Mr. Shishir Joshipura is a senior business leader with 42+ years of experience across engineering, manufacturing, capital goods and process technology. He has served as CEO & MD of Praj Industries and CEO of SKF India, with earlier leadership experience at Thermax. He holds a B.E. in Mechanical Engineering from BITS Pilani and an Advanced Management Program from Harvard Business School. He has extensive board, governance, strategic growth, manufacturing, technology and sustainability experience. 5. Disclosure of relationships between He has no relationships between Directors Directors (in case of appointment of of the Company Director