Outcome of Board Meeting held on 05th November 2026

November 5, 2026 To To BSE Limited National Stock Exchange of India Limited Phiroze Jeejeebhoy Towers Exchange Plaza, C-1, Block G Dalal Street, Fort, Bandra Kurla Complex, Bandra (East) Mumbai – 400 001 Mumbai – 400 051 Scrip Code: 532830 Symbol: ASTRAL Sub: Outcome of the Board Meeting held on November 5, 2026 Ref.: Regulation 30 and 33 of the Securities Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015 (“SEBI LODR Regulations”) Dear Sir/Madam, With reference to the captioned subject matter, we would like to inform you that the Board of Directors of the Company at its meeting held today i.e. November 5, 2026, has inter alia considered and approved following: 1. The Unaudited (Standalone & Consolidated) Financial Results for the quarter and half year ended on September 30, 2026. The financial results along with Limited Review Reports are enclosed herewith. 2. Interim Dividend for the financial year 2026-27 at the rate of Rs. 1.50/- per share of face value of Rs. 1/- each. The Record Date for determining the shareholders entitled for payment of the said Interim Divided has been fixed as Friday, November 13, 2026. 3. Based on the recommendation of the Nomination and Remuneration Committee, the following employees of the Company, have been designated as Senior Management Personnel in terms of Regulation 16(1)(d) of the SEBI Listing Regulations, with effect from November 5, 2026. a) Mr. Ritesh Patel, Associate Vice President – Technical Operations b) Mr. Pritesh Shah, Associate Vice President – Finance & Accounts The details as required under Regulation 30 of the SEBI LODR Regulations read with SEBI Master Circular No. SEBI/HO/49/14/14(7)2025-CFD-POD2/I/3762/2026 dated January 30, 2026. (as amended from time to time) is enclosed as “Annexure A” The Meeting of the Board of Directors of the Company commenced at 02:45 p.m. and concluded at 03:40 p.m. Kindly take the same on your record. Thanking you, Yours faithfully, For Astral Limited Chintankumar Patel Company Secretary Membership No.: A29326 Encl.: As above Annexure - A Details required under Regulation 30 of the SEBI LODR Regulations read with SEBI circular SEBI/HO/49/14/14(7)2025-CFD-POD2/I/3762/2026 dated January 30, 2026 Sr. Particulars Details 1 Name of Senior Mr. Ritesh Patel Mr. Pritesh Shah Management Personnel 2 Reason for change viz. Based on the recommendation of the Nomination and appointment, re- Remuneration committee Mr. Ritesh Patel and Mr. Pritesh Shah appointment, resignation, have been Designated as a Senior Management Personnel of the removal, death or Company. otherwise; 3 Date of appointment/re- November 5, 2026 appointment/cessation (as applicable) & term of appointment/re- appointment; 4 Brief profile (in case of Mr Ritesh Patel is BE in Mr. Pritesh Shah is Qualified appointment); Chemical Engineering with 24 Chartered Accountant (CA) years of extensive experience in since 1998. Over 26 years of the plastic piping systems progressive experience in industry, with in-depth Finance & Accounts within knowledge of various polymer- the manufacturing industry. based materials, like CPVC, Extensive expertise in PVC, PE and PP. He is having Financial Reporting, Financial expertise in new product Planning & Analysis (FP&A), development, Research & Treasury Management, Development (R&D), technical Taxation, Regulatory support, product costing and cost Compliance, and Internal optimisation. Experienced in Controls. Strong exposure to material innovation, product ERP systems, including SAP, performance enhancement, Corporate Munims, and troubleshooting, quality similar enterprise platforms. assurance, product testing, and Proven experience in leading compliance with industry and mentoring teams across standards. Skilled in translating Finance, Accounts, Taxation, market requirements into Treasury, and MIS functions. technically sound, commercially viable, and competitive products, Key Competencies with a strong focus on innovation, Financial Planning & continuous improvement, Analysis, Financial product quality, cost efficiency, Accounting & Reporting, and sustainable business Treasury & Working Capital growth. Management, Taxation & He is active member of various Regulatory Compliance, standardization committee of Business Partnering, Bureau of Indian Standard (BIS) Leadership & Team including CED 50:2 – Plastic Development, Process Piping Sectional Committee as Improvement & Automation, well as CED 22:4 – Fire Fighting Costing, SAP Implementation Sectional Committee and also & ERP Transformation, served as Panel member on Mergers & Acquisitions various Indian Standards. (M&A). 5 Disclosure of relationships Not Applicable between Directors (in case of appointment of a director). Sr. Particulars Details 6 Information as required Not Applicable pursuant to BSE Circular No. LIST/COMP/14/2018- 19 and NSE Circular No. NSE/ CML/2018/24 dated June 20, 2018 SR BC& CO LLP 21st Floor, B Wing, Privilon Ambli BRT Road, Behind lskcon Temple Chartered Accountants Off SG Highway, Ahmedabad -380 059, India Tel : +91 79 6608 3900 Independent Auditor's Review Report on the Quarterly and Year to Date Unaudited Standalone Financial Results of the Company Pursuant to the Regulation 33 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, as amended Review Report to The Board of Directors Astral Limited 1. We have reviewed the accompanying statement of unaudited standalone financial results of Astral Limited (the "Company") for the quarter ended September 30, 2026 and year to date from April 01, 2026 to September 30, 2026 (the "Statement") attached herewith, being submitted by the Company pursuant to the requirements of Regulation 33 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, as amended (the "Listing Regulations"). 2. The Company's Management is responsible for the preparation of the Statement in accordance with the recognition and measurement principles laid down in Indian Accounting Standard 34, (Ind AS 34) "Interim Financial Reporting" prescribed under Section 133 of the Companies Act, 2013 as amended, read with relevant rules issued thereunder and other accounting principles generally accepted in India and in compliance with Regulation 33 of the Listing Regulations. The Statement has been approved by the Company's Board of Directors. Our responsibility is to express a conclusion on the Statement based on our review. 3. We conducted our review of the Statement in accordance with the Standard on Review Engagements (SRE) 2410, "Review of Interim Financial Information Performed by the Independent Auditor of the Entity" issued by the Institute of Chartered Accountants of India. This standard requires that we plan and perform the review to obtain moderate assurance as to whether the Statement is free of material misstatement. A review of interim financial information consists of making inquiries, primarily of persons responsible for financial and accounting matters, and applying analytical and other review procedures. A review is substantially less in scope than an audit conducted in accordance with Standards on Auditing and consequently does not enable us to obtain assurance that we would become aware of all significant matters that might be identified in an audit. Accordingly, we do not express an audit opinion. 4. Based on our review conducted as above, nothing has come to our attention that causes us to believe that the accompanying Statement, prepared in accordance with the recognition and measurement principles laid down in the aforesaid Indian Accounting Standards ('Ind AS') specified under Section 133 of the Companies Act, 2013 as amended, read with relevant rules issued thereunder and other accounting principles generally accepted in India, has not disclosed the information required to be disclosed in terms of the Listing Regulations, including the manner in which it is to be disclosed, or that [Showing first 8,000 characters — download PDF for full document]