NSEGeneral Updates4d ago · 30 Jul 2026, 05:17 pm

General Updates

Aakash Exploration Services Limited · AAKASH

✦ AI SummaryPromoter Reclassif.

Aakash Exploration Services Limited has received an application from Deval Energy Resources Private Limited to reclassify from the 'Promoter Group' category to the 'Public' category under Regulation 31A of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

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Earnings Impact5/10
Growth Catalyst2/10
Governance Concern1/10
Regulatory Risk3/10
Balance Sheet Risk4/10
Liquidity Impact6/10
Market Sentiment5/10

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Intimation regarding receipt of application for reclassification of Promoter Group Entity to Public Category under Regulation 31A of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015

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AAKASH_30072026171735_Intimation_merged_Signed.pdf

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AAKASH EXPLORATION SERVICES LIMITED CIN: L23209GJ2007PLC049792 Regd. Off: 1105 to 1108, Anam - 2, Bopal, Ambali, Ahmedabad – 380058 Web: www.aakashexploration.com Email: cs@aakashexploration.com; Phone No: 02717-452987 Date: 30/07/2026 The National Stock Exchange of India Limited Exchange Plaza, Plot No., C/1, G·Block, Bandra-Kurla Complex, Bandra (E), Mumbai - 400 051 SCRIP CODE: AAKASH Sub: Intimation regarding receipt of application for reclassification of Promoter Group Entity to Public Category under Regulation 31A of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 Dear Sir/Madam, Pursuant to Regulation 31A read with Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, as amended ("SEBI (LODR) Regulations, 2015"), we wish to inform you that the Company has received an application dated July 30, 2026 from M/s. Deval Energy Resources Private Limited, presently classified as a Promoter Group Entity of the Company, seeking its reclassification from the "Promoter Group" category to the "Public" category under Regulation 31A of the SEBI (LODR) Regulations, 2015. We further wish to inform you that M/s. Deval Energy Resources Private Limited holds NIL equity shares in the Company as on the date of the application. The said application shall be placed before the Board of Directors of the Company for its consideration. Subject to the approval of the Board of Directors and compliance with the applicable provisions of Regulation 31A of the SEBI (LODR) Regulations, 2015, the Company shall submit the requisite application to the Stock Exchange for seeking approval for the proposed reclassification. This disclosure is being made in compliance with Regulation 31A(8) of the SEBI (LODR) Regulations, 2015. A copy of the application received from M/s. Deval Energy Resources Private Limited is enclosed herewith. Kindly take the above information on your record. Thanking you, For, AAKASH EXPLORATION SERVICES LIMITED HEMANG N HARIA WHOLE TIME DIRECTOR & CFO DIN: 01690627 S!r bject !o A11 meda bad Juriqd!q_tipn BfTSI RfirSuRSXr tryr" [Tt]* CnCRGT CIN No.: ULL2OOGJ20LOPTCO62945 L€OI, ISESil PLAflIt{Uh'I, NEAE BOPAL CROSS XOAD, I}ASXROI, AH!'EDABAD .380{}58. GUJA*AT, IilBTA. {fr}: S825046163. E.mait lD: d€v.hn*rgy@gftail.ccm, deyalanergy@yahoa.ssnr Date:301A7D026 The Board of Directors Aakash Exploration Services Limited 1105 to 1108, Anam - Z,Bopal, Ambali, Ahmedabad - 380058 Subject: Application for Reclassi{ication from "Promoter Group" Category to "Public" Category under Regulation 31A of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 Dear Sir/trzladatn, We, Deval Energy Resources Private Limited ("Applicant"), are presently classihed as a Promoter Group Entity oi Aakash Expioration Services Limited. We turther confirm that the Applicant does not hold any equity shares c,r voting rights (NIL sharehoiding) in Aakash Exploration Services Limited as on the date of this application. Pursuant to Regulation 3iA of the SEBI (Listing Obligations and Disclosure Requirements) Reguiations,20i5, as amended from time to time, we hereby request the Company to initiate the process for reciassification of the Applicant from the "Promoter Group" category to the "Pubiic" category. Since the Applioant has Ni[- shareholcling in the Company and does not exeroise any control or influence over the management or atlairs of the Company, it satisfies the eligibility conditions prescribed under Regulation 31A of the SEBI (Listing Obligations anci Disclosure Requirements) Reguiations. 20i5 for sucir reciassification. In support of this application, we hereby conlirm and undertake that: 1. The Applicant does not exercise any c:ontrol, directi-v or indirectly, over the aifairs or management of the Compan1,. The Applicant is not represented on the Board of Directors of the Compan.v and does not have any special rights through tormai or intbrmal arrangements, including any sharehoider agreements. The Applicant does not act as a key managerial person of the Company. The Applicant does not hold more than ten per cent of the total voting rights in the Companv. either directly or indirectiy- and complies u,ith the sharehoiding threshold prescribed under Regulation 314 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 20 1 5. T'he Applicant does not have any special information rights and has no influence over the management or policy decisions of the Company. The Applicant satishes all the conditions prescribed under Regulation 3 iA olthe SEBI (Listing Obligations and Disclosure Requirements) Regulations. 2015 fbr reclassiflcation lrom the Promoter Group category to the Public category. SUbjeqt to_ Ahmed4bqd Jurisdiction I}CYfiI CNT|*GY NCfOTTil{}CT FYT. lTT}" CIN No.: UL,.2OOGJ2O1OPTCO52945 I.-$01, iSCON' PLATI'.IUM, NEAR BOPAL CROSS ROAD. OASKROI. AH'!IEDABAD . f,80058 GUJARAT. INOIA. (M'!: 98250{61$3. E-nrail lO: deval€ne.gy@gmail.com. devalenergylo-yahoq.com 7. 'l'he Applicant undertakes to comply with ail applicabie provisions of the SEBI (Listing Obligations and Disclosure Requirements) Regulations,20i5 and any other applicable laws in relation to the proposed reclassit-rcation. In view of the above, we request the Board of Directors of the Company to consider this application and, subject to applicable approvals, approve the proposai for reclassification of Deval Energy Resources Private Limited fiom the Promoter Group category to the Public uutcgory. a^--rI ru,.-a^l--K g i-lIll t Irtrctrss41) sttrps. :l i-l-{l---l:l,u- ulilg ,r--!^1l-:,4- \l!lg a(! a--,p-ll-L-erl^i-r cartut! !.u -ul--r c c.---\ tou-lK Exchange(s). fbr obtaining their approval. We shail provide such adciitionai information. cleclarations, confirmations or documents as may be requireei by the Conipany. the Stock Erchange(s), or any regulatory authority in connection with this application. Tiranking you. Yours faithfully, For DevaI Energy Resources Private Limited Pratik Haria DIN:03306482 Designation: Director