The Clarification on Price Movement is Enclosed.

Date: 22nd October, 2026 BSE Limited Phiroze Jeejeebhoy Towers, Dalal Street, Mumbai-400 001, MH,IN. BSE Scrip Code:-542579 Sub.: Clarification on Price Movement Ref.:- BSE Email bearing Ref No. L/SURV/ONL/PV/SG/2026-2027/459 Dated October 22nd , 2026 Sir/Ma’am, We are in receipt of your email Dated October 22, 2026 regarding significant movement in price of our scrip. In this regard, we would like to inform that the price movement in the scrip of the company is purely due to market conditions and absolutely market driven. The management of the Company neither has any control nor has any knowledge of the reasons for the significant movement in price of our scrip. The Company has made and will continue to make all the relevant disclosures in compliance with our obligations under Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 as amended from time to time and our agreements with the stock exchanges. Kindly take the same on your records. Kindly take the same on your records. Thanking you. Yours faithfully, For, Ashapuri Gold Ornament Limited Saremal Soni Chairman and Managing Director DIN: 02288750