Disclosure under SEBI Takeover Regulations

21{ JuIy,2026 The National Stock Exchange of nndia Limited Exctrange Pnaza, C-X, Block-G, Baredra Kurla Complex, Bandra (East), Murnbai - 400051 Suh: Ilisclosures under tr{egulation i0(5) - Intimation to Stoch Erclranges in respect of acquisition unclcr lLegulation 10(1)(a) of thc SEtsI (Substanti:rlAcquisition of Shares and T'akcovers) Regulations, 2011 Ref. Inter-se Transfer of Shares arnongst the Promoters of Aakash Explonation Services Lirnited. Dear Sir / N{adanr. In releri:ncc to the captioned suhject rratter'. kindl,v find hereu,ith attached the recluisite disclosr-rie utrdcr Regulation 10(5) - Prior Intimation to Stocli Ercl'lalgcs in respect of acclr-iisition under Regulation i0(1Xa) of the SEBI (Substantial Acquisition of Shares and -l-akeovcrs) RegLrlations. 201 You'rc reqLresled 1o take the disclosure lbr record and dissenritretio:r ]rlll'posr'. Ttranking yor,l Yours faitiafuXly For and on behanf of the uirer(s) N avineh:lntira \brshibhai Hari:t Acquirer 'lrl. ,,\akash F.xpioration Services I- imited I{egd. Oll: 1 1 05 to 1 108. Anarn - 2. Bopal. Ambali. Ahmedabad - 380058 Disclasures under Regulation 10(5) - Intimatiora to Stock Exchanges in respect of acquisition umder Regunation 10(1){a) of SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 20X1 Name of the Target Conapany (TC) Aakash Exploration Sen'ices Limited 2 Nirnre of the Accluir:cr'(s) \4r. Navinchandra Vclshibhai i laria \\/hether the acquirer(s) is / alc pioiroters of the T'C prior to the tlansactions. if not. Natule of Yes. Acquirer is Pronroter olTarget fiompzurl' leiationship or association rl'ith lhc I'C or i1s promoters 4 Details of-thc proposeci acqLrisition a. Nanle of the Pelson(s) l'ronr u'hotr-t \4r. Krunal Pravin I Iaria shares are:to be acquired b. Proposecl date of accluisiiion On or after.iuly 28-2026 c. Nr-unber of,shares to be acclr-iircrl fiorl 72,71.950 cach person r-nentionecl in -1(a) al,'or e d. lbtal s1'lares to be acqLrircc'i as % of 7.19% share capitatr of TC e. Price at which shares are pt'1v1r.,r.6 t" Shares are being translerred rvithout considelation be accluired by u'a1,of Gift Inter se Transfel b-v the Prornotcr to their f. Rationale. if an1'. fbr thc ploposed immediate relative as per l{egulation 10(1)(a)(i) of trrans [-er the SEBI (SAST) trlegulations, 2A1'1 Retrevant sub-clause Regrrlation 5. 10( I Xa) under udrich the- acclr-rit'er is Regutration l0(r) (a) (i) erempted fior-r, rnaking open oJlcr- If- h'equently. traderi. r''olume u,cighted avcrage market price lbl a pcrioci of 60 Not Applicabie tradin-e cia1,s precedin-r: thc ciate of 6 issuance of this noticc as lr'acleci on the The shares are proposccl to be trarnsfelrecl b1, r,r.;r1. Stocir Erchange rr,,hsre the nrar:in-tunl of Gift. Thtlefcle, no consideration is in.'.o1vecl. voluine of trading in the shalr-s o1't}-re Tfl aie rccordcd during such perioci if in-fieqr.rent[.v tladeci. t]re pricc as 7 detern-rined in terms of clause (e ) c;1- sub- Not Applicable regulation (2) of regulation 8 Declalation b-v the acquiler. that 1he acqr-risition price rvould not be highcr by' Not applicable, since the translcl is n ithout mole than 25% o1'1hc price c-on'rplited in consideration. by' u,a-v of Gil1 point 6 or point 7 as applicable i. Declaration b-v the accl,rirer'. that the transleror and transf-eree har,e complied (during 3 years prior to the ciate of proposcci acqLrisition) / r,r,i11 conrpll, 1f i15 I herebv declare that the transferor and tlansferee applicab1e disclosure required in flhapter have compliecl with applicable cliscnosule 9 V of the Takeover Re-ur-rlations" 20ll requirements in Chaptcr V of the takeover Regulations,20ll ii. The albrcsaid disclo.sure nrade durin-E plevions 3 1-ears prior to tl-re clate o1' proposed acquisition to be fr.u'nishccl L)r:claration by the acquirer that all the nt is hereby declared by the acquirer(s) ttrrat all tlae conditions specified under regulation conditions specified under regulatiora n0(1)(a) with 10 l0(1)(a) with respect to exeneptions Lras respect to exenaptions have been duny cornpnied been clu1y complied with witnr tsefore the proposed Alier thc proposcd nl Shareholding details transaction transaction No No \\,.1'.1. otr' % u'.r.t. totai Sharcs I total Shales I share Capitai Voting sharc Vrting ofTC Rigtrrts Clapital Rights o1-IC ,t) Acquirer(s) and FACs (othcr than sellers) i) \'1r. Navinchandra Vershibhai ljaria 1,5{)0 0.0t) 12.79,450 1.r9 B) Seller(s) i) KrLnral Pravin ilar:ia 72.77.950 I .11) 0 0.00 F' on Lrehalf of the uirer(s) Navinchandna Vershibhai Haria Acquirer I):rte: 21 .Iu11' 2026 Placc: Ahmcciabad