Non-Applicability of Regulation 23(9) upon the Company

VELOX SHIPPING AND LOGISTICS LIMITED (FORMERLY VELOX INDUSTRIES LIMITED) Regd. Office: 902 Filix Commercial Complex, opp Asian Paints L.B.S. Marg, Bhandup Mumbai 400078 Maharashtra, India Ph.: +91 2262536600, 9082267347 Email: veloxindustriesltd@gmail.com CIN: L52242MH1983PLC029364 REF: VELOX/ BSE/ 2026-27 Date: 07/11/2026 The Manager Lis(cid:415)ng Compliance Department, BSE Ltd., P J Towers, 25th Floor, Dalal Street, Mumbai - 400 001 BSE SCRIP CODE – 506178 Subject: Non-Applicability of Disclosures of Related Party Transactions for the half year ended September 30, 2026 This is to inform you that “Disclosure of the Related Party Transactions” as per Regulation 23(9) of SEBI (Listing Obligation and Disclosure Requirements) Regulation 2015 is not applicable to Velox Shipping and Logistics Limited (“the Company”). Further, we would like to clarify that our Company is claiming exemption under Regulation 15(2) of SEBI (Listing Obligation and Disclosure Requirements) Regulation 2015 as Corporate Governance provisions shall not apply to listed entity having paid-up equity share capital not exceeding Rs.10.00 Crores and net worth not exceeding Rs.25.00 Crores as on the last day of the previous financial year. In light of above, we wish to inform you that the paid-up capital of our Company as on March 31, 2026 was Rs.797.40 Lakhs and net worth was Rs.831.99 Lakhs, which is not exceeding the limits as specified in Regulation 15 of SEBI (LODR) Regulations, 2015. Since the paid-up equity share capital of the Company does not exceed Rs. 10 Crores and Net Worth does not exceed Rs.25 Crores as on March 31, 2026, Regulation 23(9) read with Regulation 15(2) of Listing Regulations is not applicable to the Company. Whenever this regulation becomes applicable to the Company at later date, we will comply with the requirements of these regulations within six months from the date on which the provisions became applicable upon the Company. The Company, therefore, is not required to submit “Disclosures of the Related Party Transactions” as per the Regulation 23(9) of Listing Regulations, 2015 for the half year ended September 30, 2026. You are kindly requested to take the same on your record. Thanking you. Yours sincerely, FOR VELOX SHIPPING AND LOGISTICS LIMITED (Formerly Velox Industries Limited) SUSHIL SINDHKAR DIRECTOR DIN: 10191316 Place: Mumbai