Change in Management

Date: 12-08-2026 To, To, The Secretary, Listing Department The Manager-Listing Department BSE Limited, The National Stock Exchange of India Limited Phiroze Jeejeebhoy Towers, Dalal Exchange Plaza, 5th Floor, Plot No. C/1, G Block, Street, Fort, Mumbai - 400001, Bandra Kurla Complex, Bandra (E), Mumbai - Maharashtra, Bharat 400051, Maharashtra, Bharat Respected Sir/Madam, Subject: Appointment of an Internal Auditor of the Company. With reference to the captioned subject and pursuant to Regulation 30 and other applicable Regulations of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, we hereby inform that, the Board of Directors, at their meeting held today i.e. Wednesday, August 12, 2026, have inter-alia: 1. Approved the Appointment of M/s. R J and Associates, Cost Accountants, a Partnership firm (Firm Registration No. 004690) as an Internal Auditor of the Company to conduct Internal Audit of the Company for F.Y. 2026-2027. The details as required under Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 read with SEBI Master Circular No. HO/49/14/14(7)2025-CFD-POD2/I/3762/2026 dated January 30, 2026 is enclosed as Annexures I. The same is also available on the website of the Company at www.axitacotton.com. This is for your information and record. Thanking you, Yours faithfully, For, Axita Cotton Limited Shyamsunder Panchal Company Secretary and Compliance Officer Memb. No. A50793 Encl. As above Annexure I Details under Regulation 30 of the SEBI (Listing Obligation and Disclosure Requirement) Regulation, 2015 read along with SEBI Master Circular No. HO/49/14/14(7)2025-CFD-POD2/I/3762/2026 dated January 30, 2026 Appointment of Internal Auditor Details of the event that need to be Information of Such events provided 1. Name of the Internal Auditor M/s. R J and Associates, Cost Accountants, a Partnership firm (Firm Registration No. 004690). 2. Reason for change viz. Appointment or At their respective meetings held on August 12, 2026, the Resignation or Re-appointment or Board of Directors and the Audit Committee evaluated the Death or otherwise and Basis of profile of M/s. R J and Associates, Cost Accountants, a recommendation for Re-Appointment partnership firm (Firm Registration No. 004690), considering their industry-diverse experience, audit expertise, and presence in Ahmedabad and Halvad. Given their proven capabilities in cost and internal audits across sectors like cement, petroleum, pharmaceuticals, and manufacturing, the firm was found suitable for appointment as Internal Auditors, and the recommendation was accordingly approved. 3. Date of Appointment / Reappointment August 12, 2026 / Cessation (as applicable) & Term of For Conducting Internal Audit of the Company for the Appointment / Reappointment; Financial year 2026-2027. 4. Brief Profile; R J and Associates, with offices in Ahmedabad and Halvad, Gujarat, is a practicing Cost Accountants firm (Reg. No. 004690) offering extensive expertise in accounts, costing, taxation, finance, and management accountancy across industries like Cement, Petroleum, Textile, Dairy, Steel, Pharmaceuticals, and more. Associated with the company since 2023 as internal auditors, they provide tailored services including cost accounting record maintenance, cost audit compliance, excise valuation, MIS, pricing, product certification, and comprehensive internal audits covering risk profiling, assessment, control evaluation, and reporting to effectively manage operational and financial risks. The firm is led by partners Rahul A. Modh and Jignesh S. Tarbundiya, both Fellow Members of The Institute of Cost Accountants of India, bringing over a decade of experience in costing, legal, secretarial, and financial fields, dedicated to delivering practical and client-focused solutions. 5. Disclosure of relationships between directors (in case of appointment of a Not Applicable director)