Corporate Insolvency Resolution Process

AKSH AKSH OPTIFIBRE LIMITED A-32, 2nd Floor, Mohan Co-operative Industrial Estate, Mathura ATE: 29.06.2020 Road, New Delhi-110044, INDIA Tel.: +91-11-49991700, 49991777 Fax: +91-11-49991800 Email : aksh@akshoptifibre.com Website : www.akshoptifibre.com CIN NO.: L24305RJ1986PLC016132 June 30, 2026 Sr. General Manager Sr. General Manager National Stock Exchange of India Ltd BSE Ltd Exchange Plaza, 5th Floor, Plot No. C/1, Phirozee Jeejeebhoy Towers, G Block, Bandra Kurla Complex, Dalal Street, Mumbai- 400 001 Bandra (E), Mumbai- 400 051. NSE Symbol: AKSHOPTFBR BSE Scrip Code: 532351 Dear Sir/Ma’am, Subject: Disclosure under Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 – Update on appellate proceedings before the Hon'ble NCLAT Pursuant to Regulation 30 read with Schedule III of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 and in continuation of the Company's earlier disclosures dated June 20, 2026 regarding commencement of the Corporate Insolvency Resolution Process ("CIRP"), we wish to inform you that the Promoter of Aksh Optifibre Limited has preferred an appeal before the Hon'ble National Company Law Appellate Tribunal ("NCLAT") against the order passed by the Hon'ble National Company Law Tribunal ("NCLT"), Jaipur Bench. The matter was listed before the Hon'ble NCLAT on June 30, 2026 and, after hearing the parties, the Hon'ble NCLAT, inter alia, directed that the Interim Resolution Professional ("IRP") shall not take any further steps pursuant to the impugned order of the Hon'ble NCLT and clarified that the affairs and operations of the Company shall continue under the supervision of the IRP with the assistance of the Appellant, other officers and employees of the Company. A copy of the order dated June 30, 2026 is enclosed herewith for the information and record of the stakeholders. The Company remains committed to safeguarding the interests of all stakeholders and shall keep the stock exchanges informed of any material developments in this matter. This is for your information and records. For Aksh Optifibre Limited Mayank Chadha Company Secretary & Compliance Officer Membership No.: F13404 We smarten up your life..® Regd. Office: F-1080, RIICO Industrial Area Phase-lll, Bhiwadi – 301019 (Rajasthan) INDIA Phones: +91-1493-220763, 221333 | Fax: +91-1493-221329 NATIONAL COMPANY LAW APPELLATE TRIBUNAL PRINCIPAL BENCH, NEW DELHI Comp. App. (AT) (Ins) No. 1095 of 2026 IN THE MATTER OF: Dr. Kailash Shantilal Choudhari …Appellant(s) Versus Shantanu Investments Pvt. Ltd. & Anr. …Respondent(s) Present: For Appellant : Sh. Sonal Anand, Surbhi Singh, Aayush Sai, Adv. For Respondents : Mr. Tanmaya Mehta, Adv. O R D E R (Hybrid Mode) 30.06.2026: Ld. Counsel for the Appellant submits that he is ready to deposit part IV amount which is principal amount of Rs. 2 Cr. plus interest totalling of Rs. 3,33,14,075/-. He submits that 2 Cr. may deposit within three weeks and rest within three weeks further period. It is submitted that the Appellant is a listed company which is a running concern and having large number of employees. Ld. Counsel for the Respondent submits that publication has already been made by the IRP, however, CoC has not yet been constituted. In view of the above, we are permitting the Appellant to deposit the amount as above, IRP shall not take any further steps. We make it clear that the Company shall be run under the supervision of the IRP with the assistance of the Appellant, other officers and employees of the Company. Let the reply be filed within three weeks. List on 06th August, 2026. [Justice Ashok Bhushan] Chairperson [Mr. Barun Mitra] Member (Technical) Sheetal/Manu