The Outcome of Board Meeting is enclosed.

Date: October 06, 2026 BSE Limited Phiroze Jeejeebhoy Towers, Dalal Street, Mumbai-400 001, MH,IN. BSE Scrip Code:-542579 Dear Sir/ Madam, Sub: Outcome of Board Meeting Held on October 06, 2026 Pursuant to Regulations 30 and 33 of Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015, we would like to inform you that the Board of Directors at their Board meeting held on today October 06, 2026 inter alia, has transacted and approved:- 1. Revised Draft Director Report, along with its annexures, of the Company for the year ended March 31, 2026; 2. Revised Notice calling 18th AGM of the members and other matters related to it; 3.* Reappointment of M/s Shivam Soni & Co. , Chartered Accountants as statutory auditor of the Company for second term of five years. 4.* Reappointment of Shri Saurabh G Patel as an Non-Executive Independent Director of the Company for second term of five years. 5. Proposal for Increasing the Remuneration of Mr. Saremal Soni, Chairman and Managing Director, Mr. Dineshkumar Soni, Managing Director and Mr. Jitendrakumar Soni, Joint Managing Director, which is subject to approval of Member at the AGM; 6. Propose Related Party Transaction for approval of Members at AGM; 7. Sifting of registered office of the Company to “Ashapuri Corporate House”, 2/F Ravish Aprt. , Near Jalaram Chass Wala, Navrangpura Bus Stand Road to Swastik Cross Road, Navrangpura, Ahmedabad , Gujarat, India- 380009. 8. The Resignation of Mr. Jitendrakumar S Soni from the office of Chief Financial Officer of the Company; 9. The Resignation of Mr. Jenik Dineshkumar Soni from the office of Chief Executive Officer(“CEO”) of the Company and his appointment as Chief Financial Officer(“CFO”) of the Company; 8. Appointment of M/s. Mukesh H. Shah & Co., Company Secretaries, Ahmedabad as the Scrutinizer to scrutinize remote e-voting and voting at 18th AGM; 9. All other businesses as per agenda circulated. *The Reappointment of Statutory Auditor and Independent Director is subject to approval of Shareholder at the upcoming AGM. The details as required under Regulation 30 of 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 w.r.t. Re- Appointment of Statutory Auditor, and Independent Director is enclosed in "Annexure I , II, III, IV & V ”. Please note that the said meeting was held at around 06:00 p.m. IST and closed at around 8:00 p.m. IST. Kindly take note of the same and update on record of the Company accordingly. Thanking you. Yours faithfully, For, Ashapuri Gold Ornament Limited Saremal C Soni Managing Director DIN: 02288750 Encl.:-As Above Annexure I Details under amended Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 Sr. No. Particulars Details 1. Reason for Change viz. Due to Completion of First Term of Five years at the Reappointment Upcoming AGM. 2. Date of appointment Based on the recommendation of the Audit and term of Committee, the Board of Directors at its meeting appointment held today approved, the proposal for re appointment of M/s. Shivam Soni & Co. (FRN: 152477W) as the Statutory Auditors of the Company for a term of 5 (five) consecutive years i.e., from the conclusion of the 18th Annual General Meeting (AGM) to be held in the year 2026 till the conclusion of 23rd Annual General Meeting (AGM), to be held in the year 2031 viz. subject to approval of the Members of the Company and other statutory requirements 3. Brief Profile (in case of M/s. Shivam Soni & Co. (FRN: 152477W) is a peer appointment) reviewed renowned Chartered Accountants firm in Ahmedabad, Gujarat, renowned for its exceptional Compliance, Assurance, Tax Advisory for domestic Taxation, Internal Audit, GST, Management Consultants and Fund Syndication. The Also deals in Implementation, Preparation of Financial Statement, Consolidation & Reporting in IndAS, Financials Reporting, MIS, Direct Taxation & Indirect Taxation, SEBI Compliances, IndAS Advisory and Implementation and Yearly Results publication according to the Listing requirements, Pre-IPO and Post IPO Compliances, Restatement for DRHP/RHP Purposes etc. 4. Disclosure of NA relationships between directors (in case of Appointment of a director) Annexure II Details under amended Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 Sr. No. Particulars Details 1. Reason for Change viz. Due to Completion of First Term of Five years on Reappointment 30th December, 2026 2. Date of appointment The Board on the recommendation of the and term of Nomination & Remuneration Committee has appointment proposed re-appointment of Mr. Saurabh Govindbhai Patel, as a Non Executive Independent Director for another 5 (five) years with effect from 30th December, 2026, subject to the approval of the Shareholders at the forthcoming Annual General Meeting of the Company. 3. Brief Profile (in case of Mr. Saurabh Govindbhai Patel has done B.com. He appointment) has an experience of more than 20 Years in the Banking and finance field. 4. Disclosure of NA relationships between directors (in case of Appointment of a director) Annexure III Details under amended Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 Sr. No. Particulars Details 1. Reason for Change viz. Mr. Jitendrakumar Soni is resigning Resignation from the Office of Chief Financial Officer(“CFO”) due to realignment of roles and responsibilities within the senior management team. 2. Date of Cessation w.e.f. October 06, 2026 3. Brief Profile (in case of appointment) NA 4. Disclosure of NA relationships between directors (in case of Appointment of a director) Annexure IV Details under amended Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 Sr. No. Particulars Details 1. Reason for Change viz. Mr. Jenik D Soni has resigned from the Resignation post of Chief Executive Officer (“CEO”) due to Organizational restructuring to align executive responsibilities with the Company’s current requirements. 2. Date of Cessation w.e.f. October 06, 2026 3. Brief Profile (in case of appointment) NA 4. Disclosure of Relationships between NA directors (in case of Appointment of a director) Annexure V Details under amended Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 Sr. No. Particulars Details 1. Reason for Change viz. Appointment The appointment of Mr. Jenik Dineshkumar Soni is being made pursuant to the realignment of the roles and responsibilities of the senior management of the Company and to fill the vacancy in the office of Chief Financial Officer. Considering his extensive experience in finance, business strategy and corporate management, along with his in-depth understanding of the Company’s operations and financial affairs, his appointment will strengthen the Company’s financial management and strategic oversight. 2. Date of Cessation w.e.f. October 06, 2026 3. Brief Profile (in case of appointment) Mr. Jenik is a business enthusiast with a demonstrated history of working in the Jewellery Industry. He has a qualification in Business Administration and he was CEO of the Company since 5 years. 4. Disclosure of relationships between Mr. Jenik D Soni, is related to promoter directors (in case of Appointment of a and directors of the Company. He is director) Son of Mr. Dineshkumar S Soni, MD of the Company.