Outcome of Board Meeting

July 31, 2026 Ref. No.: AIL/SE/22/2026-27 BSE Limited National Stock Exchange of India Limited Phiroze Jeejeebhoy Towers, Exchange Plaza, Dalal Street, Fort, Bandra Kurla Complex, Bandra (E), Mumbai-400001, MH. Mumbai-400051, MH. Scrip Code: 543534 Symbol: AETHER Dear Madam / Sir, Subject: Outcome of the Board Meeting Pursuant to Regulation 30 and Regulation 33 of the SEBI (Listing Obligation and Disclosure Requirements) Regulations, 2015, as amended, this is to inform you that the Board of Directors of the Company at their Meeting held today i.e. Friday, July 31, 2026, commenced from 11:09 Hrs. and concluded at 11:59 Hrs., inter-alia, considered and approved the following: 1. The unaudited (Standalone and Consolidated) Financial Results for the First Quarter ended on June 30, 2026, along with the Limited Review Report thereon, as issued by the Statutory Auditors of the Company, as annexed. 2. Re-appointment of Mr. Ashwin Desai (DIN: 00038386) as a Managing Director of the Company for a further period of 5 years, effective from October 1, 2026, subject to the approval of Shareholders in the forthcoming Annual General Meeting of the Company, as annexed. 3. Re-appointment of Ms. Purnima Desai (DIN: 00038399), Mr. Rohan Desai (DIN: 00038379) and Dr Aman Desai (DIN: 00043633), as Whole-time Directors of the Company for a further period of 5 years, effective from October 1, 2026, subject to the approval of Shareholders in the forthcoming Annual General Meeting of the Company, as annexed. 4. Appointment of CA Riddhi Chitaliya, Chartered Accountant, as the Internal Auditor of the Company for FY 2026-27, as annexed. 5. Appointment of M/s. PAAA & Associates, a Cost and Management Accountant Firm, as the Cost Auditor of the Company for FY 2026-27, as annexed. Page 1 of 9 Aether Industries Limited Registered Office: Plot No. 8203, GIDC Sachin, Surat-394230, Gujarat, India. Phone: +91-261-6603000 || Email: info@aether.co.in || Web: www.aether.co.in II CIN: L24100GJ2013PLC073434 Factory: Plot No. 8203, Beside Shakti Distillery, Near Rajkamal Chokdi, Road No. 8, Sachin GIDC, Sachin, Surat-394230, Gujarat, India. 6. Designating employees viz. Mr. Denish Dodhiyawala, Mr. Parag Detroja, Ms. Parul Mujumdar, Mr. Jayesh Mourya, Mr. Harshad Patel, Mr. Sonu Patel, as Senior Managerial Personnel of the Company, effective from August 1, 2026, as annexed. 7. Convening the 14th AGM of the Company on Friday, September 11, 2026, through video conferencing (VC) and Other Audio-Visual Means (OAVM). 8. Other business transactions. We request you to kindly take the above information for your records. Thanking you. For Aether Industries Limited Chitrarth Rajan Parghi Company Secretary & Compliance Officer Mem. No.: F12563 Page 2 of 9 Aether Industries Limited Registered Office: Plot No. 8203, GIDC Sachin, Surat-394230, Gujarat, India. Phone: +91-261-6603000 || Email: info@aether.co.in || Web: www.aether.co.in II CIN: L24100GJ2013PLC073434 Factory: Plot No. 8203, Beside Shakti Distillery, Near Rajkamal Chokdi, Road No. 8, Sachin GIDC, Sachin, Surat-394230, Gujarat, India. Annexure of information containing particulars of various Auditors: Particulars of Appointment Internal Auditor Cost Auditor Appointee Auditor / Firm CA Riddhi Chitaliya M/s. PAAA & Associates Reason for change Appointment Appointment Date of appointment July 31, 2026 July 31, 2026 Term of appointment FY 2026-27 FY 2026-27 Brief Profile CA Riddhi Chitaliya is an Associate M/s. PAAA & Associates is the firm Member of The Institute of of Cost and Management Chartered Accounts of India. Accountants, based in Surat. She has vast experience in financial They serve in various areas such as accounting and overseeing the cost and management consultancy, measures of reporting. Also, she cost audit and assurance services, had performed financial audit indirect taxation, fixed assets functions in the past. verification, etc. Page 3 of 9 Aether Industries Limited Registered Office: Plot No. 8203, GIDC Sachin, Surat-394230, Gujarat, India. Phone: +91-261-6603000 || Email: info@aether.co.in || Web: www.aether.co.in II CIN: L24100GJ2013PLC073434 Factory: Plot No. 8203, Beside Shakti Distillery, Near Rajkamal Chokdi, Road No. 8, Sachin GIDC, Sachin, Surat-394230, Gujarat, India. Annexure of information containing particulars of various Directors: Particulars Information Reason for change Re-appointment of Mr. Ashwin Desai (DIN: 00038386) as a Managing Director of the Company. Date of appointment & Re-appointment as a Managing Director of the Company for a further period of 5 term of appointment years w.e.f. October 1, 2026, subject to the approval of Shareholders in the forthcoming Annual General Meeting of the Company. Brief profile Mr. Ashwin Jayantilal Desai is the founding Promoter and Managing Director of our Company. Prior to incorporation of our Company, he was the founding member of Anupam Rasayan India. At Aether, he is responsible for creating the overall vision of the Company and is actively involved in all techno-commercial departments. He focuses on innovative chemical engineering solutions for our R&D, pilot plant, and production processes and is also responsible for leading our core competency in continuous reaction and flow technology. Disclosure of He is a Spouse of Ms. Purnima Ashwin Desai, Whole-time Director, father of Mr. relationships between Rohan Desai and Dr. Aman Desai, Whole-time Directors and father in-law of Ms. Directors Ishita Surendra Manjrekar, Non-Executive Non-Independent Director. Particulars Information Reason for change Re-appointment of Ms. Purnima Desai (DIN: 00038399) as a Whole-time Director of the Company. Date of appointment & Re-appointment as a Whole-time Director of the Company for a further period of term of appointment 5 years w.e.f. October 1, 2026, subject to the approval of Shareholders in the forthcoming Annual General Meeting of the Company. Brief profile Ms. Purnima Desai is a Promoter and Whole-time Director of the Company. With multiple decades of experience in the speciality chemical industry, she leads the overall accounting and finance operations of our Company. She has over four decades of experience in the field of accounting, commerce and administration. Disclosure of She is a Spouse of Mr. Ashwin Desai, Managing Director, mother of Mr. Rohan relationships between Desai and Dr. Aman Desai, Whole-time Directors and mother in-law of Ms. Ishita Directors Surendra Manjrekar, Non-Executive Non-Independent Director. Page 4 of 9 Aether Industries Limited Registered Office: Plot No. 8203, GIDC Sachin, Surat-394230, Gujarat, India. Phone: +91-261-6603000 || Email: info@aether.co.in || Web: www.aether.co.in II CIN: L24100GJ2013PLC073434 Factory: Plot No. 8203, Beside Shakti Distillery, Near Rajkamal Chokdi, Road No. 8, Sachin GIDC, Sachin, Surat-394230, Gujarat, India. Particulars Information Reason for change Re-appointment of Mr. Rohan Desai (DIN: 00038379) as a Whole-time Director of the Company. Date of appointment & Re-appointment as a Whole-time Director of the Company for a further period of term of appointment 5 years w.e.f. October 1, 2026, subject to the approval of Shareholders in the forthcoming Annual General Meeting of the Company. Brief profile Mr. Rohan Desai is a Promoter and Whole-time Director of our Company. He has extensive experience in the speciality chemical industry and looks after the entire commercial portfolio, including sales, finance, strategic procurements, human resources and systems of our Company. Disclosure of Son of Mr. Ashwin Desai, Managing Director and Ms. Purnima Ashwin Desai, relationships between Whole time Director, brother of Dr. Aman Desai, Whole-time Director and son in- Directors law of Mr. Kamalvijay Ramchandra Tulsian, Chairman and Non-Executive Non- Independent Director. Particulars Information Reason for change Re-appointment of Dr. Aman Desai (DIN: 00043633) as a Whole-time Director of the Company. Date of appointment & Re [Showing first 8,000 characters — download PDF for full document]