Clarification regarding the earlier notice of 41st AGM dated 24th September 2026 filed detailing the proposed issue of preference shares

ALSTONE TEXTILES (INDIA) LIMITED Registered Of(cid:976)ice: R-815 New Rajinder Nagar, North East Delhi, New Delhi-110060 Corporate of(cid:976)ice: - R-815 New Rajinder Nagar, North East Delhi, New Delhi-110060 CIN: L65929DL1985PLC021037, E-mail: alstonetextiles@gmail.com Website: alstonetextiles.in, Mob: +91-9220766765 Date: 2nd November, 2026 The Manager The Department of Corporate Service The Bombay Stock Exchange Limited Phiroze Jeejeebhoy Towers, Dalal Street, Mumbai-400001 SCRIP CODE: 539277 (ALSTONE TEXTILES (INDIA) LIMITED) EQ - ISIN –INE184S01024 Subject - Clarification regarding the earlier notice of 41st Annual General Meeting dated 24th September, 2026 filed detailing the proposed issue of Preference Shares Dear Sir/Madam, Allotment is of ₹ 300,00,00,000/- (Rupees Three Hundred Crore only), comprising 300,00,00,000 Non- Convertible Preference Shares (NCPS) of face value of ₹1/- each, at par, out of the authorised Preference Share Capital of ₹ 500 Crore, by way of conversion of the existing unsecured loan of ₹300 Crore into Non-Convertible Preference Shares. It is hereby clarified that the amount of ₹500 Crore represents the total authorised Preference Share Capital of the Company and constitutes the maximum limit available for issuance of Preference Shares, and does not represent the actual amount proposed to be allotted to the lender. The actual proposed allotment is restricted to ₹300 Crore only, corresponding to the outstanding unsecured loan payable by the Company to the lender. The aforesaid clarification is being issued solely to provide clarity regarding the actual amount proposed to be allotted to the lender and does not alter the commercial terms of the proposed transaction or adversely affect the rights and interests of the shareholders of the Company in any manner. Discovery and correction: The Company, upon review of the Notice of the 41st Annual General Meeting, identified on 02.11.2026 that the words “up to” had inadvertently been omitted at one place in the Explanatory Statement accompanying the said Notice, resulting in the amount being stated as ₹500 Crore instead of “up to ₹500 Crore”. It is pertinent to note that the amount was correctly qualified as “up to ₹500 Crore” in the relevant agenda item and annexure forming part of the AGM Notice. Upon identification of the aforesaid inadvertent omission, the Company has voluntarily initiated the process of filing clarification and submitting the necessary clarification to the Stock Exchange to ensure accurate disclosure and avoid any ambiguity or misunderstanding among stakeholders. You are requested to take the above on your records and acknowledge the same. Thanking You. For & on the behalf of Board of Directors of Alstone Textiles (India) Limited Deepak Kumar Bhojak (Managing Director) DIN: 06933359