Regulation 30 - Senior Management Personnel

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