Re Appointment of Mr. Vinod Rana, as an Independent Director of the Company.

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 Street, Exchange Plaza, 5th Floor, Plot No. C/1, G Block, Bandra Fort, Mumbai - 400001, Maharashtra, Kurla Complex, Bandra (E), Mumbai - 400051, Bharat Maharashtra, Bharat Respected Sir/Madam, Subject: Disclosure under Regulation 30, 33 and other applicable Regulations of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 (“Listing Regulations”): Outcome of Board Meeting held today i.e. Wednesday, August 12, 2026. Pursuant to Regulation 30 and other applicable Regulations of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 and with reference to the captioned subject, we hereby inform that, the Board of Directors, at its meeting held today i.e. Wednesday, August 12, 2026, has inter-alia considered and approved the following, 1. Unaudited Financial Results of the Company for the quarter ended on June 30, 2026 together with the Limited Review Reports of the Statutory Auditors of the Company as per Regulation 33 of the SEBI (LODR) Regulations, 2015. 2. Resignation of M/s. P K N & Co., Chartered Accountants (FRN 137148W), as the Statutory Auditor of the Company. M/s. P K N & Co., Chartered Accountants (FRN 137148W), have resigned as Statutory Auditor of the Company effective August 12, 2026. Copy of the resignation letter received are enclosed. The Board of Directors and the Audit Committee of the Company took note of the resignation tendered by M/s. P K N & Co., Chartered Accountants (FRN: 137148W), as the Statutory Auditors of the Company, with effect from August 12, 2026. Disclosure with respect to resignation of the Statutory Auditors of the Company pursuant to SEBI Listing Regulations and SEBI Master Circular No. HO/49/14/14(7)2025-CFD-POD2/I/3762/2026 dated January 30, 2026 are annexed herewith as Annexure I. 3. Appointment of M/s DTA & Associates, Chartered Accountants as the Statutory Auditor of the Company. The Board of Directors of the Company based on the recommendation and approval of the audit committee has approved the appointment of M/s DTA & Associates. “Chartered Accountants”, having (140825W - Peer Review No.: 022772) as the Statutory Auditors of the Company to hold office till the conclusion of the ensuing General Meeting of the Company. Disclosure with respect to appointment of the Statutory Auditors of the Company pursuant to SEBI Listing Regulations and SEBI Master Circular No. HO/49/14/14(7)2025-CFD- POD2/I/3762/2026 dated January 30, 2026 are annexed herewith as Annexure II. 4. Re-appointment of Mr. Vinod Kanubhai Rana (DIN: 08160972), as an Independent Director of the Company for the second term of 5 (Five) consecutive years from February 22, 2027 to February 21, 2032, subject to approval of the Shareholders at the ensuing Annual General Meeting of the Company. The Disclosure with respect to appointment of the Independent Director of the Company pursuant to SEBI Listing Regulations and SEBI Master Circular No. HO/49/14/14(7)2025-CFD- POD2/I/3762/2026 dated January 30, 2026 are annexed herewith as Annexure III. 5. 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. 6. The Disclosure with respect to appointment of the Internal Auditor of the Company pursuant to SEBI Listing Regulations and SEBI Master Circular No. HO/49/14/14(7)2025-CFD- POD2/I/3762/2026 dated January 30, 2026 are annexed herewith as Annexure IV. 7. the Appointment of Ms. Reena K. Patadiya (ACMA and M.Com.) a Proprietor of Proprietorship firm M/s. Reena Patadiya & Co. (Firm Registration No. 004346) as a Cost Auditor of the Company for F.Y. 2026-2027. The Disclosure with respect to appointment of the Cost Auditor of the Company pursuant to SEBI Listing Regulations and SEBI Master Circular No. HO/49/14/14(7)2025-CFD-POD2/I/3762/2026 dated January 30, 2026 are annexed herewith as Annexure V. 8. Considered and approved all other business as per agenda circulated. The Notice of 13th Annual General Meeting for the financial year ended on March 31, 2026 will be sent in due course of time. The copy of the said resignation letter and the information required from the auditor in pursuance of SEBI Master Circular No. HO/49/14/14(7)2025-CFD-POD2/I/3762/2026 dated January 30, 2026, received from the Statutory Auditors, are attached herein. Further the details required under Regulation 30 Read with Schedule III of the SEBI (LODR) Regulation, 2015, is enclosed herewith as respective Annexures. The Board Meeting commenced at 06:30 p.m. and concluded at 07:15 p.m. The same is also available on the website of the Company at www.axitacotton.com. Please take this on record and oblige. Thanking you, Yours faithfully, For, Axita Cotton Limited Nitinbhai Govindbhai Patel Chairman and Managing Director DIN: 06626646 Encl. As above PKN&CO CHARTERED ACCOUNIANIS lndependent Auditor's Review Report on the Quarterly Unaudited Financial Results of Axita Cotton timited ("the Company") pursuant to regulation 33 and 52 of the SEBI (Listing Obligation and Disclosure Requirements) Regulations, 2015, as amended The Board of Directors, Axita Cotton Limited. We have reviewed the accompanying statement of unaudited financial results of Axita Cotton Limited ("the Company") for the quarter ended 3oth June, 2026 being submitted by the Company pursuant to the requirement of Regulation 33 and 52 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, as amended ("the listing Regulations"). This Statement, which is the responsibility ofthe Company's Management and approved by the company's Board of Directors, has been prepared in accordance with the recognition and measurement principles laid down in the lndian Accounting standard 34, "lnterim Financial Reporting" ("lnd AS 34") prescribed under section 133 of the Companies Act, 2013 as amended, read with relevant rules issued thereunder and other accounting principles generally accepted in lndia and in compliance with ReBulations 33 and 52 of the Listing Regulations. Our responsibility is to issue a report on these financial statements based on our review. 3. We conducted our review of the Statement in accordance with the Standard on Review Engagements (SRE) 2410 'Review of lnterim Financial lnformation Performed by the lndependent Auditor of the Entity' issued by the lnstitute of Chartered Accountants of lndia (lCAl). This standard requires that we plan and perform the review to obtain moderate assurance as to whether the Statement is free from material misstatement. A review of interim financial information consists of making inquiries, primarily of the Company's personnel responsible for financial and accounting matters and applying analytical and other review procedures. A review is substantially less in scope than an audit conducted in accordance with Standards on Auditing specified under Section 1a3(10) of the Companies Act, 2013 and consequently does not enable us to obtain assurance that we would become aware of all significant matters that might be identifjed in an audit. Accordingly, we do not express an audit. opinion. a ptnlndcomp.ny@gmlll.com I 1315, Fonun. Bu6ln.ss Hub, N.ar Sh6ll Potrcl Pump, c 079 4898535:t Scionce Clty Ro!d, Sola, Ahmadibrd, Gujrl'l - 3E00d) Based on our review conducted as above, nothing has come to our attention that causes us to believe that the accompanying statement, prepared in accordance with applicable lndian Accounting Standards (lnd-AS) prescribed under Section 133 of the Companies Act, 2013, as amended read with relevant rules issued thereunder and other accounting principles generally accepted in lndia, has not disclosed the information required to be disclosed in terms of Regulations 33 and 52 of t [Showing first 8,000 characters — download PDF for full document]