Reconstitution of Audit Committee and proposal to Issue of SBLC to WOS

01 October 2026 BSE Limited National Stock Exchange of India Ltd. Phiroze Jeejeebhoy Towers, Exchange Plaza, Plot no. C/1, G Block, Dalal Street, Bandra-Kurla Complex Mumbai- 400 001 Bandra (E), Mumbai - 400 051 Scrip Code: 543260 NSE Symbol: STOVEKRAFT Dear Sir / Madam, Sub: Intimation under Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 – Outcome of the Board Meeting This is to inform that the Board of Directors of Stove Kraft Limited ('the Company') at its meeting held today, which commenced at 11:55 A.M. and concluded at 12.40 P.M has inter alia: 1. Approved the proposal to issue a Standby Letter of Credit for Guangzhou Jiawo Import & Export Co. Ltd., a Wholly Owned Subsidiary of the Company in China. The details as required under SEBI Master Circular No. HO/49/14/14(7)2025-CFD-POD2/I/3762/2026 dated January 30, 2026, is enclosed as ‘Annexure A’. 2. Approved the reconstitution of the of Audit Committee of the Company by appointing Mr. Chandru Kalro as a member of the Audit Committee in place of Mr. Rajendra Gandhi with immediate effect. The composition of the Audit Committees after re-constitution is as under: Name of the Member Category of director Position in Committee Mr. Natrajan Non-Executive Independent Chairperson Ramkrishna Director Mrs. Shuba Rao Non-Executive Independent Member Mayya Director Mr. Anup Sanmukh Non-Executive Independent Member Shah Director Mr. Chandru Kalro Non-Executive Vice Chairperson Member Kindly take the same on record. Thanking you, Yours faithfully, For Stove Kraft Limited Shrinivas P Harapanahalli Company Secretary & Compliance Officer Annexure –A The requisite details required pursuant to SEBI Circular No. HO/49/14/14(7)2025-CFD- POD2/I/3762/2026 dated 30 January 2026 are as under: S. Particulars Details 1 Name of the party for which the Guangzhou Jiawo Import & Export Co. guarantees or indemnity or surety would Ltd., a Wholly Owned Subsidiary of the be given Company in China. 2 Whether the promoter/ promoter group/ The Promoter/Promoter Group/Group group companies have any interest in this Companies are not interested in this transaction? If yes, nature of interest and transaction. details thereof and whether the same is done at “arm’s length” 3 Brief details of such guarantee or The Standby Letter of Credit for an amount indemnity or becoming a surety viz. brief not exceeding Rs. 30,00,00,000 would be details of agreement entered (if any) issued in favour of an overseas bank(s) in including significant terms and China for providing the credit facilities to conditions, including amount of guarantee Guangzhou Jiawo Import & Export Co. Ltd. 4 Impact of such guarantee or indemnity or Presently, there is no impact of this surety on listed entity guarantee on the Company.