Acquisition of shares through Stock Exchange.

16th October 2026 BSE Limited Listing Department P. J. Tower, Dalal Street, Mumbai-400001 Script Code: 502015 Trading Symbol: ASIIL ISIN: INE443A01030 Subject: Intimation under Regulation 30 of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015 (“SEBI Listing Regulations”) Dear Sir/Madam, Pursuant to Regulation 30 of the SEBI Listing Regulations, we wish to inform you that the ASI Industries Limited ("the Company") has acquired equity shares of PC Jeweller Limited for investment purpose. The disclosure pursuant to Regulation 30 of the SEBI Listing Regulations read with Para A of Part A of Schedule III of the SEBI Listing Regulations, is attached as “Annexure A’’. The event has occurred on 15th October, 2026 at 3:30 P.M. and Company became aware of detailed particulars w.r.t. acquisition of shares outside the normal working hours of the Company that’s why the same is being intimated today after resumption of normal working hours. This is for your information and records. Thanking you, Yours faithfully For ASI INDUSTRIES LIMITED MANISH KAKRAI Company Secretary & Compliance Officer WORKS : REGISTERED OFFICE : ASI House, Marathon Innova, A Wing, 7th Floor, Kudayala Indl. Area, Ramganjmandi, Off G K Marg, Lower Parel, Kota – 326519, Rajasthan. Mumbai – 400 013, Maharashtra, India. mail@asigroup.co.in +91 22 40896100 | info@asigroup.co.in GST No.08AACCA3549F1ZU CIN : L14101MH1945PLC256122 ANNEXURE “A” Name of the target entity: - PC Jeweller Limited Details in brief such as size, turnover etc. As at 31/03/2026 *Turnover (Standalone) 3352.88 Crore *PAT 710.62 Crore *Net worth 8127.10 Crore Whether the acquisition would fall within Related NO Party Transaction(s) Whether the promoter/ promoter group/ group NO companies have any interest in the entity being acquired? If yes, Nature of interest and details thereof Not Applicable whether the same is done at "arm’s length"? Yes Industry to which the entity being acquired belongs PC Jeweller Limited is engaged in the manufacturing, trading, and retailing of gold, diamond, and other precious-metal jewellery. Objects and impact of acquisition The shares were acquired through stock exchange (Including but not limited to, disclosure of reasons for and form part of investment purpose of the ASI acquisition of target entity, if its business is outside the Industries Limited with view to reap the long- main line of business of the listed entity) term-/short-term investment benefits. The ASI Industries Limited do not intend to acquire control whether directly or indirectly of the management of the Target Entity. Brief details of any governmental or regulatory N.A Approvals required for the acquisition Indicative time period for completion of the Event has occurred on 15/10/2026 and acquisition acquisition is completed Nature of consideration- whether cash consideration Cash Consideration or share swap or any other form and details of the same Cost of acquisition or the price at which the shares are Total Cost of acquisition Rs.4.34 Crores acquired (Total value) (Rs in Crore) Percentage of shareholding / control acquired and / or Fresh acquisition being 30,00,000 shares number of shares acquired; (Total 0.031 % of shareholding) Brief background about the entity acquired in terms of PC Jeweller Limited is engaged in the products/line of business acquired manufacturing, trading, retailing, and export of gold, diamond-studded, silver, and precious-stone jewellery. The company sells jewellery through its retail showrooms and online platforms, with a focus on wedding and diamond jewellery Date of incorporation 13/04/2005 WORKS : REGISTERED OFFICE : ASI House, Marathon Innova, A Wing, 7th Floor, Kudayala Indl. Area, Ramganjmandi, Off G K Marg, Lower Parel, Kota – 326519, Rajasthan. Mumbai – 400 013, Maharashtra, India. mail@asigroup.co.in +91 22 40896100 | info@asigroup.co.in GST No.08AACCA3549F1ZU CIN : L14101MH1945PLC256122 History of last 3 years turnover Financial Year 1"st Previous year turnover 2025-26 Rs. 3352.88 Crore 2'd Previous year turnover 2024-25 Rs.2243.25 Crores 3'd Previous year turnover 2023-24 Rs.189.45 Crore Country in which the acquired entity has presence India Any other significant information (in brief) The Information Relating to the target entity has been obtained from its website and annual report for the FY-2025-26 and audited financial results for the year ended 31st March 2026 and BSE/NSE Website WORKS : REGISTERED OFFICE : ASI House, Marathon Innova, A Wing, 7th Floor, Kudayala Indl. Area, Ramganjmandi, Off G K Marg, Lower Parel, Kota – 326519, Rajasthan. Mumbai – 400 013, Maharashtra, India. mail@asigroup.co.in +91 22 40896100 | info@asigroup.co.in GST No.08AACCA3549F1ZU CIN : L14101MH1945PLC256122