In furtherance to our earlier intimation dated 08th September, 2026, regarding the submission of the Notice of the 44th Annual General Meeting (''AGM'') of the Company, along with the Annual Report for the financial year 2025-26. In line with our commitment to transparency, good governance, and enhanced shareholder communication, the Company has amended the existing Point No. 3, 4, 9, and 17 relating to Item Number 6 of Explanatory Statement annexed ....

SHAH FOODS LIMITED Registered Office Address: 301, Sarthik Square, Nr. Shapath – 3, S. G. Highway, Bodakdev, Ahmedabad – 380054, Gujarat, India CIN L27200GJ1982PLC005071 Telephone No: +91-6355582651 | Email: shahfoods.ahmedabad@gmail.com | Website Address: www.shahfoods.co.in Date: 24th September 2026 The Chief General Manager Listing Operation, BSE Limited, Phiroze Jeejeebhoy Towers, Dalal Street, Fort Mumbai – 400 001 Scrip Code: 519031, ISIN: INE455D01012 Subject: Corrigendum to the Notice of the 44th Annual General Meeting Dear Sir/ Madam, In furtherance to our earlier intimation dated 8th September, 2026, regarding the submission of the Notice of the 44th Annual General Meeting (‘AGM’) of the Company, along with the Annual Report for the financial year 2025-26. In line with our commitment to transparency, good governance, and enhanced shareholder communication, the Company has amended the existing Point No. 3, 4, 9, and 17 relating to Item Number 6 of Explanatory Statement annexed with the Notice. This Corrigendum shall form an integral part of the AGM Notice and shall read together with the AGM Notice. In the event of any inconsistency between the AGM Notice and this Corrigendum in relation to the matters specifically modified herein, the provisions of this Corrigendum shall prevail. A copy of the Corrigendum is enclosed herewith. To ensure wider public dissemination and to keep all stakeholders well-informed, the Company will be publishing this corrigendum in newspapers with wide circulation. Additionally, a copy of the corrigendum will be sent to all shareholders today i.e. September 24, 2026, to whom original notice were sent. A copy of the corrigendum will also be available on the website of the Company at https://www.shahfoods.co.in/. This is for your kind information and record. Thanking you, For 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 L27200GJ1982PLC005071 Telephone No: +91-6355582651 | Email: shahfoods.ahmedabad@gmail.com | Website Address: www.shahfoods.co.in CORRIGENDUM TO NOTICE OF THE 44TH ANNUAL GENERAL MEETING Dear Member(s), We hope you and your family are safe and in good health. This has reference to the Notice dated 08 September 2026 convening the 44th Annual General Meeting (“AGM”) of Shah Foods Limited (“Company”), scheduled to be held on Wednesday, 30 September 2026 at 03:00 P.M. (IST) through Video Conferencing / Other Audio-Visual Means, which was circulated to the Members of the Company. This Corrigendum is being issued to inform the Members of the Company of certain modifications to the Explanatory Statement relating to Item No. 6 of the AGM Notice concerning the proposed preferential issue of up to 18,90,410 (Eighteen Lakh Ninety Thousand Four Hundred and Ten) Convertible Warrants to persons belonging to the Promoter and Promoter Group category. This Corrigendum shall form an integral part of the AGM Notice and shall be read together with the AGM Notice. In the event of any inconsistency between the AGM Notice and this Corrigendum in relation to the matters specifically modified herein, the provisions of this Corrigendum shall prevail. This Corrigendum is also being made available on the website of the Company at www.shahfoods.co.in and on the website of BSE Limited at www.bseindia.com. Except as expressly modified by this Corrigendum, all other terms and contents of the AGM Notice shall remain unchanged. MODIFICATION IN EXPLANATORY STATEMENT (ITEM NO. 6): In the Explanatory Statement pursuant to Section 102 of the Companies Act, 2013 read with Sections 42 and 62(1)(c) thereof, Rule 13 of the Companies (Share Capital and Debentures) Rules, 2014, Rule 14 of the Companies (Prospectus and Allotment of Securities) Rules, 2014 and the applicable provisions of Chapter V of the Securities and Exchange Board of India (Issue of Capital and Disclosure Requirements) Regulations, 2018, as amended (“SEBI ICDR Regulations”), forming part of the Notice of the 44th AGM, the existing Point Nos. 3, 4, 9 and 17 of Item No. 6 shall stand substituted with the following: 3. Issue Price, Relevant Date and the Basis or justification on which the price has been arrived at or offer/invitation is being made: The Equity Shares of the Company are infrequently traded and are listed on the BSE Limited. The price has been determined in accordance with Regulation 165 of the Securities and Exchange Board of India (Issue of Capital and Disclosure Requirements) Regulations, 2018 (“SEBI (ICDR) Regulations”). The Relevant Date, as per the provisions of Chapter V of the SEBI ((ICDR)) Regulations for determination of the issue price of Equity Shares is 31st August 2026, 30 days prior to the date of Passing of the Special Resolution in the AGM. The Articles of Association of the issuer does not provide for a method of determination which results in a floor price higher than that determined under (ICDR) Regulations, 2018. SHAH FOODS LIMITED Registered Office Address: 301, Sarthik Square, Nr. Shapath – 3, S. G. Highway, Bodakdev, Ahmedabad – 380054, Gujarat, India CIN L27200GJ1982PLC005071 Telephone No: +91-6355582651 | Email: shahfoods.ahmedabad@gmail.com | Website Address: www.shahfoods.co.in Pricing for allotment on preferential basis for allottees: As per the provisions of Securities and Exchange Board of India (Issue of Capital and Disclosure Requirements) Regulations, 2018, the Equity Shares will be issued at a price of Rs. 153/- (Rupees One Hundred Fifty-Three only) per Equity Share which is not less than the price as determined by the registered valuer. The valuation report of the Registered Valuer pursuant to Regulation 165 of Securities and Exchange Board of India (Issue of Capital and Disclosure Requirements) Regulations, 2018 can also be accessed on the company website on the following link: https://shahfoods.co.in/icdr/shah-foods-icdr-report-sep-26.pdf. 4. Name and Address of Valuer who performed Valuation: The valuation was conducted by Bhavesh M. Rathod, Chartered Accountant and Registered Valuer – SFA. Office Address: Office No. 515, 5th Floor, Dimple Arcade, Behind Sai Dham Temple, Thakur Complex, Kandivali (East), Mumbai, Maharashtra – 400101 Registered Address: 12D, White Spring, A Wing, Rivali Park Complex, Western Express Highway, Borivali (East), Mumbai – 400066 Contact Details: Email: bhavesh@cabr.in Mobile: +91 97691 13490 The above information is also available on the Company’s website at the following link: https://shahfoods.co.in/icdr/shah-foods-icdr-report-sep-26.pdf 9. The shareholding pattern of the Company before the proposed issue and after the proposed issue of Equity Shares as follows: Sl. Category Pre-issue shareholding Post- issue shareholding* No. of % Of No. of % Of Equity Shareholdin Equity Shareholdin Shares g Shares g A Promoters and Promoter Group Holding 1 Indian Individuals/Hindu undivided 1,61,77,876 69.39 1,80,68,286 71.68 Family 2 Foreign Sub Total (A) 1,61,77,876 69.39 1,80,68,286 71.68 B Non-Promoter Holding 1 Institutions 1a Institutions (Domestic) - - - 1b Institutions (Foreign) - - - 2 Non – Institutions SHAH FOODS LIMITED Registered Office Address: 301, Sarthik Square, Nr. Shapath – 3, S. G. Highway, Bodakdev, Ahmedabad – 380054, Gujarat, India CIN L27200GJ1982PLC005071 Telephone No: +91-6355582651 | Email: shahfoods.ahmedabad@gmail.com | Website Address: www.shahfoods.co.in 2a Individuals (share Capital up 2,22,006 0.95 2,22,006 0.88 to Rs. 2 lakhs) 2b Individuals (share Capital in 67,07,616 28.77 67,07,616 26.61 excess of Rs. 2 lakhs) 2c Non-Resident Indians (NRIs) 2,670 0.01 2,670 0.01 2d Bodies Corporate 2,02,295 0.87 2,02,295 0.81 2e Any Other (specify) 2,537 0.01 2,537 0.01 Sub-Total (B) 71,37,124 30.61 71,37,124 28.32 C1 Shares underlying DRs - - - - C2 Shares held by Employee Trust - - - - C Non-Pr [Showing first 8,000 characters — download PDF for full document]