Outcome of Board Meeting

shanti OVERSEAS (INDIA) LTD. —— synthesizing organically —— Date: 05th November, 2026 The General Manager, Listing Department NSE Limited Exchange Plaza, C-1, Block G, Bandra Kurla Complex, Bandra (E) Mumbai - 400051 SYMBOL-SHANTI SUB: Outcome of Board Meeting held on Thursday, November 05, 2026 Ref: Regulation 30 of the SEBI (LODR) Regulations, 2015 ‘We would like to inform you that, the Board of Directors of the Company in their meeting held today at the registered office of the Company, has considered and approved the following matters amongst others: 1. Accepted the Resignation of Mr. Digvijay D Singh Non-Executive Independent Director, with effect from November 05, 2026. Copy of his resignation letter is enclosed as ‘Annexure — 1°. 2. Accepted the Resignation of Mr. Ashish Kumar Naik Non-Executive Non Independent Director, with effect from November 05, 2026. Copy of her resignation letter is enclosed as ‘Annexure —2°. 3. Appointment of Mr. Gaurav Agarwal (DIN: 00674777) as Non-Executive Non- Independent Director of the Company with effect from November 05, 2026, subject to the approval of members in the ensuing General Meeting. The brief profile of Mr. Gaurav Agarwal is enclosed herewith as 'Annexure-3'. 4. Appointment of Ms. Pooja Agarwal (DIN: 03111152) as Non-Executive Non- Independent Director of the Company with effect from November 05, 2026, subject to the approval of members in the ensuing General Meeting. The brief profile of Ms. Pooja Agarwal is enclosed herewith as 'Annexure-4'. The Board meeting commenced at 3:30 p.m. (IST) and concluded at 4.00 p.m.(IST). Kindly take the above information on records. Yours faithfully, For Shanti Overseas (India) Limited MANISH & HARISHANK ARDUBEY = Manish Harishankar Dubey Managing Director DIN: 10957212 shanti OVERSEAS (INDIA) LTD. —— synthesizing organically —— Annexure 1 S. Particulars Details 1. Name Mr. Digvijay D Singh 2. Designation Independent Director 3. Reason for change viz| Resignation of Mr. DigvijaDy Singh (DIN: 10943075 appointment, re-appointment, from the office of Non-Executive Independent Director resignation, removal, death o1 due to personal commitments (not for any other materiall otherwise reasons) 4. Date off With effect from close of business hours on November| appointment/reappointment/ 05,2026 cessation (as applicable) & term off appointment/re-appointment 5. |Brief profile (in case of NA appointment) 6. Disclosure of relationships between NA directors (in case of appointment off a director) Annexure 2 S. | Particulars Details 1 Name Mr. Ashish Kumar Naik 2. Designation Director 3. Reason for change viz|Resignation of Mr. Ashish Kumar Naik (DIN; appointment, re-appointment, 10955244) from the office of Non-Executive Director| resignation, removal, death o1 due to personal commitments (not for any other materiall otherwise reasons). 4. Date off With effect from close of business hours on November| appointment/reappointment/ 05,2026 cessation (as applicable) & term off appointment/re-appointment 5. |Brief profile (in case of NA appointment) 6. Disclosure of relationships between| NA directors (in case of appointment off a director) shanti OVERSEAS (INDIA) LTD. —— synthesizing organically —— Annexure 3 S. | Particulars Details 1. Name Mr. Gaurav Agarwal 2. | Designation Director 3. Reason for change viz| Appointment of Mr. Gaurav Agarwal as an Additional appointment, re-appeintinent; Non-Executive Non-Independent Director ignation; 1 death otherwise 4. Date ofl Date of appointment: 05/11/2026 appointment/reappointment/ cessation (as applicable) & term of Terms of ~appointment: Terms of appointment: appointment/re-appointment Appointment with effect from November 05, 2026, subject to approval of the shareholders at the ensuing] Annual General Meeting. 5. Brief profile (in case of Mr. Gaurav Agarwal is an experienced professional with| appointment) substantial expertise in operations and management. He| possesses strong skills in strategic planning, resource allocation, vendor coordination, and performance] monitoring, with experience in streamlining business processes, improving operational efficiency, implementing organizational policies, and ensuring regulatory compliance and effective risk management. 6. Disclosure of relationships between NA directors (in case of appointment off a director) Shareholding in the Company NA. 8. In compliance with the provisions of SEBI (Listing Obligations and Disclosure Requirements Regulations, 2015, we wish to confirm that Mr. Gaurav Agarwal (DIN: 00674777) has nof been debarred from holding the office of Director by virtue of any order issued by SEBI or| any other authorities as required under the circular issued by Stock Exchanges. shanti OVERSEAS (INDIA) LTD. —— synthesizing organically —— Annexure 4 S. Particulars Details 1 Name Ms. Pooja Agarwal 2. Designation Director 3. Reason for change viz| Appointment of Ms. Pooja Agarwal as an Additional appointment, re-appeintinent; Non-Executive Non-Independent Director ignation; 1 death otherwise 4. Date of| Date of appointment: 05/11/2026 appointment/reappeintment/ tion-(as-apphicable)&+ # Terms of appointment: Terms of appointment appointment/re-appointment Appointment with effect from November 05, 2026. subject to approval of the shareholders at the ensuing Annual General Meeting. 5. Brief profile (in case of Ms. Pooja Agarwal is a law graduate from the University| appointment) of Bikaner and a seasoned professional with over a decade of experience serving on the Boards of Directors| of companies across diverse sectors. She possesses| experience in wealth management, financial advisory, consultancy, and wholesale and retail businesses, with strong expertise in business management, corporate| affairs, strategic decision-making, and corporate] governance. She is also actively involved in sociall causes, particularly the promotion of education and| vocational studies. 6. Disclosure of relationships between NA directors (in case of appointment off a director) 7 Shareholding in the Company N.A. 8. In compliance with the provisions of SEBI (Listing Obligations and Disclosure Requirements Regulations, 2015, we wish to confirm that Ms. Pooja Agarwal (DIN: 03111152) has not been| debarred from holding the office of Director by virtue of any order issued by SEBI or an other authorities as required under the circular issued by Stock Exchanges. 05-11-2026 The Board of Directors Shanti Overseas (India) Limited Office no. 10, Khajuri Bazar, Indore Raj Mohalla, Indore, Madhya Pradesh, India – 452002 Sub: Resignation from the Office of Independent Director Dear Sir/Madam, I, Digvijay D Singh (DIN: 10955244), hereby resign from the office of Independent Director of the Company due to personal commitments (and not for any other material reasons). I appreciate the Board of Directors for the co-operation and assistance extended to me during my tenure as Independent Director of the Company. Kindly acknowledge the receipt of this resignation letter and arrange to submit the necessary filings with the concerned Authorities to that effect. Thanking You, Yours Faithfully Digvijay D Singh Independent Director DIN: 10955244 05-11-2026 The Board of Directors Shanti Overseas (India) Limited Office no. 10, Khajuri Bazar, Indore Raj Mohalla, Indore, Madhya Pradesh, India - 452002 Sub: Resignation from the Office of Director Dear Sir/Madam, I, Ashish Kumar Naik (DIN: 10955244), hereby resign from the office of Director of the Company due to personal commitments (and not for any other material reasons). I appreciate the Board of Directors for the co-operation and assistance extended to me during my tenure as Independent Director of the Company. Kindly acknowledge the receipt of this resignation letter and arrange to submit the necessary filings with the concerned Authorities to that effect. Thanking You, Yours Faithfully Ashish Kumar Naik Director DIN: 10955244