In furtherance to our intimation dated 01st September, 2026, and Pursuant to Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 (''Listing Regulations''), we hereby inform you that the Board of Directors of Shah Foods Limited (''the Company''), at its meeting held at Martin Burn Business Park, 18th Floor, Plot 3, Salt Lake Bypass, BP Block, Sector V, Bidhannagar, Kolkata-700091, West Bengal, inter alia, ....

SHAH FOODS LIMITED Registered Office Address: 301, Sarthik Square, Nr. Shapath – 3, S. G. Highway, Bodakdev, Ahmedabad – 380054, Gujarat, India CIN L15419GJ1982PLC005071 Telephone No: +91-6355582651 | Email: shahfoods.ahmedabad@gmail.com | Website Address: www.shahfoods.co.in Date: 07.09.2026 The Chief General Manager Listing Operation, BSE Limited, P. J. Towers, Dalal Street, Mumbai – 400 001 Scrip Code: 519031, ISIN: INE455D01012 Subject: Outcome of Board Meeting held on 07th September 2026 Dear Sir/Ma’am, Pursuant to Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 (“Listing Regulations”), we hereby inform you that the Board of Directors of Shah Foods Limited (“the Company”), at its meeting held at Martin Burn Business Park, 18th Floor, Plot 3, Salt Lake Bypass, BP Block, Sector V, Bidhannagar, Kolkata-700091, West Bengal, inter alia, considered and approved the following matters: 1. Approved the increase in the Authorised Share Capital of the Company from the existing Rs. 24,00,00,000/- (Rupees Twenty-Four Crore Only), divided into 2,40,00,000 (Two Crore Forty Lakhs) Equity Shares of Rs. 10/- (Rupees Ten Only) each, to Rs. 25,50,00,000/- (Rupees Twenty-Five Crore Fifty Lakhs Only), divided into 2,55,00,000 (Two Crore Fifty-Five Lakhs) Equity Shares of Rs. 10/- (Rupees Ten Only) each, subject to the approval of the shareholders of the Company. 2. Further approved, subject to the approval of the shareholders and the Stock Exchange, the issuance of up to 18,90,410 (Eighteen Lakhs Ninety Thousand Four Hundred Ten) Convertible Warrants of face value Rs. 10/- (Rupees Ten Only) each, at an issue price of Rs. 153/- (Rupees One Hundred Fifty-Three only) per warrant, on a preferential basis (“Preferential Issue”) for consideration in cash to persons belonging to the Promoter and Promoter Group Category, in accordance with the provisions of Chapter V of the SEBI (Issue of Capital and Disclosure Requirements) Regulations, 2018, the Companies Act, 2013, and the rules made thereunder. The details of the proposed Preferential Issue are set out in Annexure A annexed hereto. 3. Approved and adopted the Boards Report along with its annexures for the Financial Year ended 31st March, 2026. 4. Approved the Notice convening the 44th Annual General Meeting (AGM) of the Company for the FY 2025-26 and matters related thereto. 5. To consider any other business, with the permission of the Chair: a. Appointment of agency for providing the Remote e-Voting facility. The Board of Directors has appointed National Securities Depository Limited (NSDL), RTA of the Company as the agency for providing the remote e-Voting facility and e-voting system for the Annual General Meeting (AGM) process. b. Appointment of Scrutinizer. The Board of Directors has appointed MR & Associates, Practicing Company Secretary, as the Scrutinizer for conducting the Annual General Meeting (AGM), including remote e-voting, in a fair and transparent manner. c. Appointment of Secretarial Auditor. Based on the recommendation of Audit Committee, the Board have approved the appointment of M/s. MR & Associates, Practising Company Secretaries (Certificate of Practice No.: 2551 and Peer Review Certificate No. 5598/2024), as Secretarial Auditor of the Company for the period of five consecutive years commencing from FY 2026-27 till FY 2030-31, subject to the approval of the shareholders of the Company at the ensuing Annual General Meeting. d. Considered and took on records the resignation of Mr. Manan Rajesh Patel (DIN: 03496656) as the Executive Director of the Company with effect from closure of Business hours on Monday, September 07, 2026. SHAH FOODS LIMITED Registered Office Address: 301, Sarthik Square, Nr. Shapath – 3, S. G. Highway, Bodakdev, Ahmedabad – 380054, Gujarat, India CIN L15419GJ1982PLC005071 Telephone No: +91-6355582651 | Email: shahfoods.ahmedabad@gmail.com | Website Address: www.shahfoods.co.in e. Considered and Update the policies of the Company, as per the Companies Act, 2013 and Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015 and other SEBI Regulation, as applicable. f. Fixed the date of the 44th Annual General Meeting of the Company to be held on Wednesday, 30th September 2025 at 03:00 PM (IST) through Video Conferencing (VC) / Other AudioVisual Means (OAVM). g. Fixed the Book Closure period of the Company from Thursday, 24th September 2026 to Wednesday, 30th September 2026. Pursuant to Regulation 42 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, the Register of Members and Share Transfer Books of the Company shall remain closed during the said period for the purpose of the Annual General Meeting. h. Fixed the Record/Cut-off Date as 23rd September 2026 for the purpose of determining the eligibility of members to attend and vote electronically at the ensuing Annual General Meeting of the Company i. Modification in the objects/utilization of funds raised through Preferential Issue mentioned in the EGM dated 06th March 2026. The disclosure pursuant to Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 read with SEBI Master Circular No. HO/49/14/14(7)2025- CFD-POD2/I/3762/2026 dated January 30, 2026, is attached as “Annexure-A, B & C”. The meeting of the Board of Directors commenced at 06:00 P.M. (IST) and concluded at 07:30 P.M. (IST). The above information is also available on the website of company at www.shahfoods.co.in. We request you to take the above on record. Thanking You, Your Truly, For and on behalf of Shah Foods Limited Vishal Jha Company Secretary and Compliance Officer Membership No.: A80210 SHAH FOODS LIMITED Registered Office Address: 301, Sarthik Square, Nr. Shapath – 3, S. G. Highway, Bodakdev, Ahmedabad – 380054, Gujarat, India CIN L15419GJ1982PLC005071 Telephone No: +91-6355582651 | Email: shahfoods.ahmedabad@gmail.com | Website Address: www.shahfoods.co.in ANNEXURE-A Sr No. Particulars Details 1. Type of securities proposed Convertible Warrants to be issued 2. Type of issuance Preferential Issue in accordance with Chapter V of the SEBI ICDR Regulations and other applicable law 3. Total number of securities Up to 18,90,410 (Eighteen Lakhs Ninety Thousand Four Hundred proposed to be issued or the Ten) Convertible Warrants of face value of Rs. 10/- (Rupees Ten total amount for which the only) each, at an issue price of Rs. 153/- (Rupees One Hundred securities will be issued Fifty-Three only) per warrant, for an aggregate consideration of up (approximately) to Rs. 28,92,32,730/- (Rupees Twenty-Eight Crores Ninety-Two Lakhs Thirty-Two Thousand Seven Hundred Thirty only), to the Promoter and Promoter Group category. The said warrants shall be convertible into an equal number of Equity Shares of face value of Rs. 10/- (Rupees Ten only) each, at an issue price of Rs. 153/- (Rupees One Hundred Fifty-Three only) per equity share, at any time within a period of 18 (Eighteen) months from the date of allotment of warrants, in one or more tranches, in accordance with the applicable provisions of the SEBI (Issue of Capital and Disclosure Requirements) Regulations, 2018. In the event the Warrants are not exercised within the stipulated period of 18 (Eighteen) months, the amount paid on such Warrants shall stand forfeited, and the Warrants shall lapse and no Equity Shares shall be allotted in respect thereof.” 4. Additional details in case of preferential issue i. Names of the investors ii. Number of investors Refer table below iii. Post allotment of securities – outcome of the subscription In case of convertibles - For Warrants an amount equivalent to 25% (Twenty-Five percent) intimation on conversion of of the per warrant price shall be payable to the Company at the securities or on lapse of the time of allotment of the Warrants, and the balance 75% (Seventy- tenure of the instrument. Five percent) of the per w [Showing first 8,000 characters — download PDF for full document]