Announcement under Regulation 30 (LODR)- Appointment of Mrs. Jhanvi Vikas Sethi (DIN: 08593000) as Additional Independent Director of the Company

ASHNISHA INDUSTRIES LIMITED August 14, 2026 The Department of Corporate Services BSE Limited 251 h Floor, P. J. Tower, Dalal Street, Fort, Mumbai - 400 001 Security ID: ASHNI Security Code: 541702 Sub: Disclosure of Material Events required under Regulation 30 read with SEBI Master Circular H0/49/14/14(7)2025-CFD-POD2/l/3762/2026 dated January 30, 2026 - Appointment of Mrs. Jhanvi Vikas Sethi (DIN:08593000) as Additional Independent Director of the Company Dear Sir/Madam, Pursuant to Regulation 30 of Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015 read with SEBI Circular H0/49/14/14(7)2025-CFD-POD2/l/3762/2026 dated January 30, 2026, we wish to inform you that, based on the recommendation of the Nomination and Remuneration Committee, the Board of Directors of the Company, at its meeting held today i.e Friday, August 14, 2026, has approved appointment of Mrs. Jhanvi Vikas Sethi (DIN: 08593000) as Additional Independent Director of the Company w.e.f August 14, 2026 to August 13, 2031, subject to the <.Jpproval of the Members at the ensuing Annual General Meeting. Further, based on affirmation given by Mrs. Jhanvi Vikas Sethi (DIN: 08593000), we hereby confirm that she is not debarred from holding the office of Director by virtue of any order of Securities and Exchange Board of India (SEBI) or any other such authority. The details as required under Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 read with SEBI Master Circular No. H0/49/14/14(7)2025-CFDPOD2/l/3762/2026 dated January 30, 2026, are enclosed as Annexure A to this letter. The Board meeting commenced at _4._00_PM_a nd concluded at _4.3_0P_M_ This is for your information and record purpose. Thanking you. Managing Director DIN: 02467830 Registered Office: 7th Floor, Ashoka Chambers, Opp. HCG Hospital, Mithakhali Six Roads, Mit khali Ahmedabad - 380006. Gujarat, India, T: 079 26463227 . . . . . . . . . . . . ASHNISHA INDUSTRIES LIMITED ANNEXURE-A Details required under Regulation 30 read with Part A of Schedule Ill of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 and SEBI Master Circular dated January 30, 2026 1 Reason for change viz. appointment, Appointment of Mrs. Jhanvi Vik as Sethi (DIN: resignation, removal, death or otherwise; 08593000) as an Additional Independent Director for a term of 5 (five) years w.e.f August 14, 2026 2 Date of appointment and term of Appointment effective from August 14, 202G for a appointment period of up to 5 (five) years. 3 Brief profile including Qualification & Mrs. Jhanvi Vikas Sethi, aged 49 years, has over 20 Experience/Expertise in Specific years of professional experience in the stock market Functional Areas (in case of appointment) and finance sector, with extensive exposure to financial markets, investments and related financial matters. During her career, she has been associated with leading business groups and has gained significant experience in investment management, capital market operations and financial analysis. Her diverse experience and understanding of the financial markets enable her to provide valuable insights and strategic guidance to the Company 4 Disclosure of relationships between She does not have any inter se relation with other directors (in case of appointment of a directors/KMPs of the Company director) 5 Names of listed entities in which Sr. Name of Designation Committee the appointing director holds No Company details directorships, indicating the 1. Rhetan TMT Additional NIL category of directorship and Limited Independent membership of Board Committees, Director If any. 2. Ashoka Additional NIL Metcast Independent Limited Director Managing Director DIN: 02467830