Shareholders meeting

August 14, 2026 National Stock Exchange of India Limited BSE Limited 5th Floor, Plot no. C/1, Block G, Phiroze Jeejeebhoy Towers Bandra Kurla Complex, Dalal Street Bandra (East), Mumbai - 400 051 Mumbai - 400 001 NSE Symbol: ASHOKLEY Scrip Code: 500477 Dear Sir / Madam, Subject: Disclosure of events pursuant to Regulation 30(2) read with Schedule III - Part A – Para A (13) of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 - Proceedings of the Seventy Seventh (77th) Annual General Meeting held on Friday, August 14, 2026 The Seventy Seventh (77th) Annual General Meeting (AGM) of the Members of the Company was held on Friday, August 14, 2026 at 2.30 p.m. (IST) through Video Conferencing or Other Audio- Visual Means, as per the Circulars issued by Ministry of Corporate Affairs and Securities and Exchange Board of India. Mr. Dheeraj G Hinduja, Chairman of the Company, occupied the Chair. The requisite quorum being present, he called the meeting to order. He introduced the Directors and Key Managerial Personnel viz., Mr. K Sridharan, Chairman of Audit Committee, Mr. Saugata Gupta, Chairman of the Nomination & Remuneration Committee, Dr. V Sumantran, Chairman of Stakeholders Relationship Committee, Mr. Thomas Dauner, Mr. Sven Christoph Ennerst, Ms. Geeta Mathur, Mr. Sanjay K Asher, Mr. Shom A Hinduja, Directors, Mr. Shenu Agarwal, Managing Director and Chief Executive Officer and Mr. K M Balaji, Whole-time Director and Chief Financial Officer and Mr. N Ramanathan, Company Secretary. He also informed that the representatives of the Company’s Statutory Auditors and the Secretarial Auditors were present at the meeting. He further informed that the statutory registers were made available to the members of the Company for inspection. The Chairman then delivered his speech. Mr. Shenu Agarwal then made a presentation on the performance of the Company. With the consent of the Members present, the notice was taken as read. The Company Secretary explained the remote e-voting process. The AGM was called for the purpose of voting on the following businesses: Type of S.No. Particulars resolution 1. Adoption of Ordinary a) the Audited Standalone Financial Statements of the Company for the financial year ended March 31, 2026, together with the Reports of the Board of Directors and the Auditors thereon; and b) the Audited Consolidated Financial Statements of the Company for the financial year ended March 31, 2026 together with the Report of Auditors thereon. 2. Confirmation of the 1st interim dividend of ₹ 1/- per equity share and the 2nd Ordinary interim dividend of ₹ 2.50 per equity share and consider the same as final dividend for the financial year ended on March 31, 2026. Type of S.No. Particulars resolution 3. Appointment of a Director in place of Mr. Shom Ashok Hinduja (DIN: 07128441) Ordinary who retires by rotation and being eligible, offers himself for re-appointment. 4. To ratify the remuneration payable to Cost Auditors, Messers. Geeyes & Co., Cost Ordinary & Management Accountants, (Firm Registration No.000044), for the financial year ended March 31, 2026. 5. To approve payment of remuneration to Non-Executive Directors not exceeding Ordinary one percent per annum of the net profits in accordance with Section 198 of the Companies Act, 2013 for a period of five years, commencing from the financial year 2026-27. 6. To re-appoint Mr. Dheeraj G Hinduja (DIN: 00133410) as the Executive Chairman Ordinary (Whole-time) of the Company, liable to retire by rotation, for a period of three years commencing from November 26, 2026 to November 25, 2029. 7. To appoint Mr. K M Balaji, (DIN: 08064743), who was appointed as an Additional Ordinary Director of the Company by the Board of Directors with effect from May 28, 2026 as Director of the company, designated as “Whole-time Director and Chief Financial Officer” for a period of two years from May 28, 2026 to May 27, 2028. The Chairman then invited comments and questions from the Members registered as ‘Speakers’. Queries raised by the Members with respect to the business, technology, electric vehicle segment, performance of the Company, Subsidiaries, CAPEX, CSR etc., were clarified/answered by the Chairman at the meeting. The Chairman also stated that the Members can contact the Company Secretary for responses to other unanswered queries, if any. The Chairman also informed that those Members who have not voted so far by e-voting may cast their votes through the e-voting platform provided by National Securities Depository Limited (NSDL). The Chairman informed the Members that the consolidated results of remote e-voting and the voting during the AGM would be intimated to the Stock Exchanges within two working days from the conclusion of the AGM, i.e., on or before August 18, 2026. The same would also be posted on the website of the Company and NSDL. At the end, the Chairman thanked the Members present and other stakeholders who have supported the AGM activities and thereafter concluded the meeting at 05.10 p.m. (IST). This is for your information and records. Thanking you, Yours faithfully, For Ashok Leyland Limited N Ramanathan Company Secretary