Outcome of AGM

Austere Systems Limited (Formerly known as Austere Systems Private Limited) Date: 30th September 2026 BSE Limited, SME Platform Department of Corporate Affairs 20th Floor, P. J. Towers, Dalal Street, Mumbai – 400 001 Scrip Code: 544505 Sub.: Summary of Proceedings of the Annual General Meeting (“AGM”) of the Company held on Wednesday, September 30, 2026 at 11:00 a.m. (IST). Dear Sir/ Madam, Pursuant to Regulation 30 and Regulation 44 of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015 (“Listing Regulations”) and Section 108 of Companies Act, 2013 read with Rules framed thereunder, our 11th Annual General Meeting of the Company was held on Wednesday, September 30, 2026 at 11:00 a.m. The AGM was conducted through Video Conferencing/Other Audio-Visual means to transact the businesses as stated in the Notice dated September 07, 2026 convening the AGM. In this regard, we are enclosing herewith the summary of the proceedings of the AGM of the Company as required under Regulation 30 read with Part A of Schedule III of the Listing Regulations. The above information will also be made available on the Company’s website at i.e. https://austeresystems.com/. You are requested to kindly take the above information on record. Thanking you, Yours faithfully, For Austere Systems Limited (Formerly known as ‘Austere Systems Private Limited’) Sneha Goenka Company Secretary & Compliance Officer M. No. A48476 Registered Office Address: Unit No 301-303, 3rd Floor, Plot No 34, A Square, Sector- 26, Pradhikaran, Nigdi, Pune, Maharashtra-411044 Corporate Office Address: Unit No:112-114,1st Floor, Vipul Plaza, Golf Course Road, Suncity Sector-54, Gurugram, Haryana-122002 Panchkula Office Address: Third Floor, SCO 3, Swastik Vihar, Sector-5, MDC, Panchkula-134109, Haryana GST NO. 27AANCA5362K2Z8, CIN: L74900PN2015PLC155381 Email Id: Hr@austere.co.in, Accounts@austere.co.in Contact no: Pune- 020-27656299, Gurgaon- 0124-4152526 www.austeresystems.com Austere Systems Limited (Formerly known as Austere Systems Private Limited) Summary of Proceedings of the Annual General Meeting (“AGM”) held on Wednesday, September 30, 2026 at 11:00 a.m. (IST) A. Date, time and venue of the Annual General Meeting: The 11th Annual General Meeting of the Company (Meeting) was held on Wednesday, September 30, 2026 through Video Conferencing (VC) / Other Audio-Visual Means (OAVM). The Meeting commenced at 11:00 a.m. (IST). The Annual General Meeting concluded at 11.18 A.M. and the e- Voting window provided during the AGM closed at 11.29 A.M. B. Proceedings in brief: • Mr. Shikhir Gupta, Managing Director, chaired the Meeting. • The Company Secretary & Compliance Officer informed that the Meeting was held through VC / OAVM in compliance with the circulars issued by the Ministry of Corporate Affairs, applicable provisions of the Companies Act, 2013 and the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015. • The requisite quorum being present, the Chairman called the Meeting to order. Total 15 members were present through Video Conference (VC) / Other Audio Visual Means (OAVM) Facility. • The Company Secretary stated that all the Directors of the Company were present at the Meeting, the Chairpersons of the Audit Committee, Stakeholders Relationship Committee and Nomination and Remuneration Committee were present at the meeting and that representatives of the Statutory Auditors, Secretarial Auditor and Internal Auditor of the Company were also present at the Meeting. • The Chairman addressed the members. • The Company Secretary informed that remote e-voting commenced at 27th September, 2026 at 9.00 a.m. to 29th September, 2026 at 5.00 p.m. • The Company Secretary also informed the members that Ms. Loveleen Gupta, a Practicing Company Secretaries (Membership No. 5287), Proprietor of L. Gupta & Associates, was appointed as the Scrutiniser to scrutinise the voting through electronic means (i.e. remote e-voting and voting at the Meeting through electronic voting system). C. Resolutions contained in the Notice dated September 07, 2026 • Ordinary Business 1. Consideration and adoption of the audited financial statement of the Company for the financial year ended March 31, 2026 and the reports of the Board of Directors and Auditors thereon; 2. Declaration of dividend on equity shares, at the rate of 8% of face value of Rs. 10/- (Rs. 0.80 per equity share), for the financial year ended March 31, 2026; 3. Appointment of Mr. Piyush Gupta (DIN: 08071837), a Director retiring by rotation; • Special Business 4. Appointment of Mr. Mayank Gupta (DIN: 06629537), as Director in the category of Non-Executive Independent Director of the Company for a term of five consecutive years with effect from September 07, 2026 up to September 06, 2031. 5. Approved advancing of loan, giving guarantee or providing security to persons in whom directors are interested under section 185 of the Companies Act, 2013. Registered Office Address: Unit No 301-303, 3rd Floor, Plot No 34, A Square, Sector- 26, Pradhikaran, Nigdi, Pune, Maharashtra-411044 Corporate Office Address: Unit No:112-114,1st Floor, Vipul Plaza, Golf Course Road, Suncity Sector-54, Gurugram, Haryana-122002 Panchkula Office Address: Third Floor, SCO 3, Swastik Vihar, Sector-5, MDC, Panchkula-134109, Haryana GST NO. 27AANCA5362K2Z8, CIN: L74900PN2015PLC155381 Email Id: Hr@austere.co.in, Accounts@austere.co.in Contact no: Pune- 020-27656299, Gurgaon- 0124-4152526 www.austeresystems.com Austere Systems Limited (Formerly known as Austere Systems Private Limited) D. Voting by members: The Company had provided remote e-voting facility to its members to cast votes electronically on all the resolutions set out in the Notice. The facility to vote at the meeting through electronic voting system (Insta Poll), was also made available to the members who participated in the meeting and had not cast their votes through remote e-voting. E. Results of remote e-voting and voting at the meeting through electronic voting system The Company will separately intimate the voting results to the stock exchanges and also upload the same on the website of the Company. Registered Office Address: Unit No 301-303, 3rd Floor, Plot No 34, A Square, Sector- 26, Pradhikaran, Nigdi, Pune, Maharashtra-411044 Corporate Office Address: Unit No:112-114,1st Floor, Vipul Plaza, Golf Course Road, Suncity Sector-54, Gurugram, Haryana-122002 Panchkula Office Address: Third Floor, SCO 3, Swastik Vihar, Sector-5, MDC, Panchkula-134109, Haryana GST NO. 27AANCA5362K2Z8, CIN: L74900PN2015PLC155381 Email Id: Hr@austere.co.in, Accounts@austere.co.in Contact no: Pune- 020-27656299, Gurgaon- 0124-4152526 www.austeresystems.com Austere Systems Limited (Formerly known as Austere Systems Private Limited) Details as required pursuant to Regulation 30 of the Listing Regulations in respect of change in directors (including re-appointment) read with SEBI Master Circular No. HO/49/14/14(7)2025-CFD- POD2/I/3762/2026 dated January 30, 2026 and other applicable Circulars issued in this regard are as under: Sl. No. Particulars Description 1 Reason for Change viz. Appointment of Mr. Mayank Gupta (DIN: appointment, reappointment, 06629537) aged 37 years as Non-Executive resignation, removal, death or Independent Director of the Company otherwise 2 Date of appointment/ Appointment for a first term of 5 consecutive reappointment /cessation (as years, effective from September 07, 2026 up applicable) & term of appointment/ to September 06, 2031 and eligible for sitting reappointment fees as per Section 197(5) of the Companies Act, 2013. 3 Brief Profile CA Mayank Gupta is a practicing Chartered Accountant with over 14 years of professional experience in Direct Taxation, Indirect Taxation, International Taxation, Corporate Law and Audits. He has extensive experience in providing strategic and advisory services to corporates and [Showing first 8,000 characters — download PDF for full document]