Announcement under Regulation 30 (LODR)- Appointment of M/s Keyur Bavishi & Co., Chartered Accountants (FRN: 131191W) as Statutory Auditors of the Company for the first term of five years ....

ASHNISHA INDUSTRIES LIMITED August 14, 2026 The Department of Corporate Services BSE Limited 2s1 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 Circular H0/49/14/14(7)2025-CFD-POD2/l/3762/2026 dated January 30, 2026 - Appointment of M/s. Keyur Bavishi & Co., Chartered Accountants (FRN: 131191W) as Statutory Auditors of the Company Dear Sir/Mcidam, Pursuant to Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 ('Listing Regulations') read with Schedule Ill thereto and SEBI Master Circular No. H0/49/14/14(7)2025·CFD POD2/l/3762/2026 dated January 30, 2026, we wish to inform that based on the recommendation of the Audit Committee, the Board of Directors of the Company, at its Meeting held on August 14, 2026 has approved the appointment of M/s. Keyur Bavishi & Co., Chartered Accountants (Firm Rcg1c•ration No. 131191W) as the Statutory Auditors of the Company for the first term of five (5) consecutive years, commencing from the conclusion of the ensuing 17th Annual General Meeting till the conclusion of the 22 Annual General Meeting to be held in the year 2031, subject to the approval of the members of the Company. The necessary disclosure required under Regulation 30 of Listing Regulations including brief profile of the Auditors appointed is given below as Annexure -A. 4.30PM The Board meeting commenced at _4_.00_PM_a nd concluded at ____ Kindly take the above information on your record. Thanking you. Ashok C. Shah Managing Director DIN: 02467830 ASHNISHA INDUSTRIES LIMITED ANNEXURE-A Information as required under Regulation 30 - Part A of Para A of Schedule Ill of SEBI (Listing Obligations and Disclosure Requirements) Regulations 2015 1 Reason for change viz. appointment, Appointment of Statutory Auditors. reappointment, resignation, removal, death or otherwise; 2 Date of appointment & Term of Appointment shall be effective from the conclusion appointment of the 17th Annual General Meeting (AGM) Appointment is for a period of 5 consecutive years commencing from the conclusion of 1711 AGM till the conclusion of the 22nd AGM of the Company, subject to the approval of the members 1t the ensuing AGM of the Company. 3 Brief profile including Qualification & M/s. Keyur Bavishi & Co. provides se1 \ice~ Experience/Expertise in Specific relating to the matters of Service Tax, Excise, <md Functional Areas (in case of appointment) Income Tax & ROC. It also provides services relating to Audit and System Audit, VAT & (,ST Returns, Audits and Refund matters etc It was founded in August 2010. Apart from the partners, heading the Company from the front, the llSP of the firm is the strength of its dedicated te.im consisting of qualified Chartered Accou nlants, Cost and Work Accountants, MBAs, LLB~. t111d other qualified and semi qualified staff memhl•t s, 4 Disclosure of relationships between Not Applicable directors (in case of appointment of a director) Managing Director DIN: 02467830