Outcome of Board Meeting

SKYWAYS AIR SERVICES LIMITED L& (formerly known as Skyways Air Services Private Limited) SKYWAYS GROUP Date: September 17, 2026 National Stock Exchange of India Limited BSE Limited Exchange Plaza, Bandra Kurla Complex, Phiroze Jeejeebhoy Towers Dalal Street Bandra (East), Mumbai- 400 051 Mumb—a 40i0 001. Symbol: SKYWAYS Scrip Code: 544890 Subject: Outcome of Board Meeting held on 17* September 2026 Commencement of Meeting: 04:00 P.M. Conclusion of Meeting: 05:50 P.M. Dear Sir/Madam, Pursuant to Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements), Regulations, 2015 we hereby wish to inform you that the Board of Directors of Skyways Air Services Limited (“the Company”) at its meeting held on Thursday, 17" September 2026 at 04:00 P.M., has inter-alia considered and approved the following: 1. Un-Audited Standalone and Consolidated Financial Results for the Quarter ended 30 June, 2026; Accordingly, pursuant to Regulation 33 of the Listing Regulation, copy of the Un- Audited Financial Results (Standalone & Consolidated) along with the Limited Review Report issued by the Statutory Auditors thereon are enclosed herewith. 2. Declared first Interim Dividend of INR 0.25/- (2.5%) per equity share of face value of INR 10/- each for the financial year 2026-27. The Company has fixed Friday, 9" October 2026, as the “Record Date” for determining the shareholders who will be entitled to receive the said interim dividend in compliance of Regulation 42 of SEBI (Listing Obligations and Disclosure Requirements), Regulations, 2015. The interim dividend shall be paid to the eligible shareholders within 30 days from the date of declaration; 3. Setting up of overseas offices/subsidiaries/joint ventures/associate in China, Malaysia, Indonesia, Singapore and the Philippines with a view to expand the business operations of the Group with an aggregate amount of Investment not exceeding INR 30 Crore over a period of time; 4. Designated Mr. Yashpal Sharma as the Chief Executive Officer (CEO) of the Company, in addition to his existing designation of Chairman and Managing Director w.e.f, 17" September 2026; CIN No. -U74899DL1984PLCO19666 Regd. Add: (&) +s10masisoso weww.skyways-airin RZ 128-129A, Mahipalpur Extension NH-8, New Delhi-110037 Ahmedabad | Bengaluru | Chennai | Coimbatore | Ernakulam | Hyderabad | New Delhi | Jaipur| Kolkata | Meerut | Mumbai 5. Promoted Ms. Akshita Sehgal from Senior Manager to Assistant General Manager, as a Senior Management Personnel (“SMP”) of the Company, w.e.f. 18 September 2026; 6. Incremental Investment by way of Capital infusion in existing overseas Subsidiaries of the Company by and upto INR 20 Crore over a period of time; 7. Other items as per the agenda of the Meeting. Disclosure pursuant to Regulation 30 read with Para A of Part A of Schedule Il and other applicable provisions of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, read with SEBI Circular No. SEBI/HO/CFD/CFD-PoD-1/P/CIR/2023/123 dated July 13, 2023, SEBI Circular No. SEBI/HO/CFD/PoD2/CIR/P/0155 dated November 11, 2024, and SEBI Circular No. HO/49/14/14(7)2025-CFD-POD2/1/3762/2026 dated January 30, 2026, is as per Annexure-A. You are requested to kindly take the above information on record. Thanking you. Yours Truly, For Skyways Air Services Limited (Formerly known as Skyways Air Services Private Limited) Hitesh Kumar Company Secretary and Compliance Officer Membership No.: A33286 ANNEXURE-A S. No. | Details of events that need to be Information of such event(s) provided 1 Particulars The Board of Directors of the Company, | based on the recommendation of the Nomination and Remuneration Committee at its meeting held on 17" September 2026, has designated Mr. Yashpal Sharma as Chief Executive Officer, a Key Managerial Personnel‘ (“KMP”) of the Company. | 2 Reason for change Designated as Chief Executive Officer- KMP. 3 Date of Appointment and term of w.e.f. 17" September 2026 appointment Mr. Yashpal Sharma is the Chairman 4. Brief profile (in case of appointment) and Managing Director of the Company. He has been associated with the Company since 1995 and continues to contribute to its growth and development and having 30 years of overall experience. 5. Disclosure of relationships between | Mr. Yashpal Sharma is the brother of directors (in case of appointment of | Mr. Tarun Sharma, Whole Time directors) Director of the Company. 6. Information as required pursuant to BSE | Mr. Yashpal Sharma is not debarred circular ref no. LIST/ COMP/ 14/ 2018- 19 from accessing capital markets and / or and the National Stock Exchange of India restrained from holding the office of Limited with ref no. NSE/CML/2018/24, director by virtue of any order of the dated June 20, 2018. SEBI or any other such authority. ANNEXURE-A S.No. Details of events that need to be provided Information of such event(s) Particulars The Board of Directors of the Company, based on the recommendation of the Nomination and Remuneration Committee at its meeting held on 17t September 2026, has promoted Ms. Akshita Sehgal to Assistant General Manager- Global Logistics and Corporate Strategy, as Senior Management Personnel (“SMP”) of the Company. Reason for change Promotion w.e.f. 18t September 2026 Date of Appointment and term of appointment Ms. Akshita Sehgal is currently the Brief profile (in case of appointment) Senior Manager — Global Logistics and Corporate Strategy of the Company. She has completed her Bachelor’s degree in Arts from the University of California, Irvine. She joined the Company in 2023 and has around 2 years of experience. Disclosure of relationships between Ms. Akshita Sehgal is the daughter directors (in case of appointment of of Mr. Rohit Sehgal, Whole Time directors) Director of the Company. Information as required pursuant to BSE Ms. Akshita Sehgal is not debarred circular ref no. LIST/ COMP/ 14/ 2018- 19 and from accessing capital markets and the National Stock Exchange of India Limited / or restrained from holding the with ref no. NSE/CML/2018/24, dated June office of director by virtue of any 20, 2018. order of the SEBI or any other such authority. & ; 2952-53/2, Sangtrashan, D.B. Gupta Road, @fiagl Bfianfwa] (jaur er Co. Pahar Ganj, New Delhi-110055 Phone : 011-43538511 Chartered Accountants E-mail: bbgcaaccounts@gmail.com Independent Auditor’s Review Report on the quarterly unaudited consolidated financial results of the company The Board of Directors of Skyways Air services Limited (Formerly known as Skyways Air services Private Limited) L We have reviewed the accompanying statement of unaudited consolidated financial resulls of Skyways Air services Limited (“the Holding Company™) and its subsidiaries (the Holding Company and its subsidiaries together referred to as “the Group”) and its associates for the quarter ended June 30, 2026 (“the Statement™), attached herewith, being submitted by the Holding Company pursuant to the requirements of Regulation 33 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, as amended (the "Listing Regulations"). Attention is drawn to the fact that the consolidated financial results for the corresponding quarters ended March 31, 2026 and June 30, 2025 as reported in the Statement have been approved by the Holding Company’s Board of Directors, but have not been subjected to review. 2 This Statement, which is the responsibility of the Holding Company’s Management and approved by the Holding Company’s Board of Directors, has been prepared in accordance with the recognition and measurement principles laid down in Indian Accounting Standard 34 “Interim Financial Reporting™ (*Ind AS 347), prescribed under Section 133 of the Companies Act, 2013, and other accounting principles generally accepted in India. Our responsibility is to express a conclusion on the Statement based on our review. 3, We conducted our review of the Statement in accordance with the Standard on Review Engagements ( [Showing first 8,000 characters — download PDF for full document]