Amendment to AOA/MOA

MELSTAR INFORMATION TECHNOLOGIES LIMITED CIN: L85493MH1986PLC040604 Date: 19/10/2026 To, To, The General Manager The Manager Department of Corporate Services Listing Department BSE Limited, National Stock Exchange of India Ltd., Phiroze Jeejeebhoy Towers, Exchange Plaza, C-1, Block G, Dalal Street, Bandra Kurla Complex, Mumbai- 400001 Bandra (E) BSE Scrip Code: 532307 Mumbai – 400 051 NSE Symbol: MELSTAR Sub: Outcome of the meeting of the Board of Directors of the Company held on 19th October, 2026 Dear Sir/Madam, Pursuant to the provisions of Regulation 30 and 33 of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015, this is to inform you that the Board of Directors of Melstar Information Technologies Limited (“the Company”) at their meeting held today i.e., 19th October, 2026, inter alia, considered and approved: 1. Audited Standalone and Consolidated Financial Results of the Company for the quarter and half year ended 30 September 2026. A copy of the ‘Audit Report’ issued by M/s. CKSP & Co LLP, Chartered Accountants, Statutory Auditors of the Company together with the Standalone and Consolidated Financial Results of the Company for the quarter and half year ended 30 September 2026 are also enclosed herewith. We are also arranging to upload the aforesaid Financial Results on the Company’s website and publish the extract of the Consolidated Financial Results for the quarter and half year ended 30 September 2026 in newspapers in the format as prescribed under Regulation 47 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. 2. Change of name of the Company from “Melstar Information Technologies Limited” to “Melstarr Aerospace & Technologies Limited” or any other name as may be approved by the Central Processing Centre, Ministry of Corporate Affairs and the consequential amendment in the Memorandum of Association and Articles of Association to give effect to the same, subject to the approval of the Members of the Company. 3. Approved to alter Object Clause of the Memorandum of Association of the Company subject to the approval of shareholders of the Company. 4. Approved to adopt Table F of Schedule I of the Companies Act, 2013 as Articles of Association subject to the approval of shareholders of the Company. The meeting of the Board of Directors of the Company commenced at 5:00 p.m. and concluded at 5:45 p.m. The details required under Regulation 30 read with Part A of Schedule III of the SEBI Listing Regulations read with SEBI Circular No. HO/49/14/14(7)2025-CFD-POD2/I/3762/2026 dated January 30, 2026 are enclosed herewith as Annexure A. Registered Office: 1302, “Raheja Centre”, The Free Press Journal Marg, Nariman Point, Mumbai – 400 021 Email: cs@melstarrtech.com / Contact: +91 93210 30069 MELSTAR INFORMATION TECHNOLOGIES LIMITED CIN: L85493MH1986PLC040604 This may please be treated as compliance under Regulation 30 read with Part A Para A of Schedule III of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. You are requested to kindly take the same on your record. Thanking you, Yours Faithfully, For Melstar Information Technologies Limited Vineet Goverdhan Shah Managing Director DIN: 01761772 Registered Office: 1302, “Raheja Centre”, The Free Press Journal Marg, Nariman Point, Mumbai – 400 021 Email: cs@melstarrtech.com / Contact: +91 93210 30069 MELSTAR INFORMATION TECHNOLOGIES LIMITED CIN: L85493MH1986PLC040604 Annexure A Alteration in Object Clause of Memorandum of Association (“MoA”) of the Company Sr. Particulars 1. The current Main Objects Clause of the Memorandum of Association (“MoA”), as outlined in Clause III (A), primarily focuses on the business of manufacturing, importing, exporting, buying, selling and dealing in electronic systems, information technology products, computer hardware, software development, industrial and agricultural machinery, gadgets, tools, equipment and other related products and services. Therefore, it is considered in the best interest of the Company to leverage its strengths of innovation, economies of scale, and self-reliance, and to contribute to the growth of indigenous capabilities by pursuing new business opportunities. In line with this, the Board believes that, to enhance the company's growth prospects, diversify its business operations, and capitalize on new market opportunities, it is essential to pivot the company's core business along with its existing activities to the aviation, aerospace and air transportation, including aircraft Maintenance, Repair and Overhaul (MRO), manufacturing and servicing of aircraft and drones, aviation training, consultancy services, airline operations, air cargo, aircraft leasing and allied activities, subject to applicable laws and regulatory approvals. The Board is confident that this strategic shift will unlock significant value for shareholders and position the Company for sustainable long-term growth by entering the dynamic and high- potential aviation sector. The proposed new objects are in the best interest of the company and its members. 2. Key changes in the Objects Clause of the MoA are as under: III (A) – THE OBJECTS TO BE PURSUED BY THE COMPANY ON ITS INCORPORATION ARE: The existing Clause III (A) of the MoA of the Company be and is hereby added with the following new clause(s): 1. To carry on the business of Maintenance, Repair and Overhaul (MRO) of aircraft, aircraft engines, components and aviation equipment; manufacture, assembly, repair, maintenance and servicing of aircraft, drones, unmanned aerial vehicles (UAVs) and related systems; establish and operate Aircraft Maintenance Engineering (AME) training institutes, aviation academies, flight simulators and simulation training centres; provide technical, management, engineering, operational and other consultancy services to the aviation and aerospace sectors; and establish, operate and manage airlines, including regional airlines, domestic and international passenger airlines, cargo airlines, air charter services, air taxi services and other air transportation services, subject to applicable laws, licences and regulatory approvals. 2. To undertake all activities ancillary or incidental to aviation, aerospace, airspace management and air transportation, including the acquisition, leasing, sale, import, export and operation of aircraft, helicopters, drones, engines, spare parts, aviation equipment and simulators; development and operation of airports, hangars, maintenance facilities, training infrastructure, cargo terminals and aviation logistics facilities; drone technology development, manufacturing and related services; ground handling, aircraft leasing, air cargo, logistics, aviation fuel, manpower training, recruitment, skill development, research and development, technology solutions and other allied activities, and to enter into collaborations, joint ventures, strategic partnerships and other arrangements with domestic and international entities for the advancement of the aviation and aerospace industry. Registered Office: 1302, “Raheja Centre”, The Free Press Journal Marg, Nariman Point, Mumbai – 400 021 Email: cs@melstarrtech.com / Contact: +91 93210 30069 MELSTAR INFORMATION TECHNOLOGIES LIMITED CIN: L85493MH1986PLC040604 Adoption of new set of Articles of Association (“AoA”) of the Company Sr. Particulars 1. The existing Articles of Association (“AoA”) are based on the provisions of the erstwhile Companies Act, 1956 and several clauses / regulations in the existing AoA contain references to specific sections of the Companies Act, 1956 and some of which are no longer in conformity with the Companies Act, 2013 (the 'new Act'). Consequent to the enactment of the Companies Act, 2013, regulatory provisions have undergone comprehensive changes which has necessitated several amendments in AoA of the Company including deletion of certain redundant Articles. In order to bring the exist [Showing first 8,000 characters — download PDF for full document]