Outcome of Board Meeting

AAKASH EXPLORATION SERVICES LIMITED CIN: L23209GJ2007PLC049792 Regd. Off: 1105 to 1108, Anam - 2, Bopal, Ambali, Ahmedabad – 380058 Web: www.aakashexploration.com Email: cs@aakashexploration.com; Phone No: 02717-452987 Date: 26/08/2026 The National Stock Exchange of India Limited Exchange Plaza, Plot No., C/1, G·Block, Bandra-Kurla Complex, Bandra (E), Mumbai - 400 051 SCRIP CODE: AAKASH Sub: Outcome of the Board meeting held on 26th August, 2026 under Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. Dear Sir/Madam, With reference to the above-mentioned subject, this is to inform you that the Board of Directors of the Company at their meeting held on 26th August, 2026, has inter-alia, approved the following matters: 1. Board has re-appointed Mr. Vipul Navinbhai Haria (DIN: 01690638) as Managing Director of the Company for the period of three years w.e.f. December 14, 2026 on recommendation of nomination and remuneration committee, subject to approval of members. 2. Board has approved Directors’ Report along with its annexure for the financial year ended 31st March, 2026. The disclosure as required under SEBI Listing Regulations read with SEBI Circular No. HO/49/14/14(7)2025-CFD-POD2/I/3762/2026 dated January 30, 2026 is attached herewith and marked as Annexure I to this letter. The Board Meeting Commenced at 03:00 p.m. and concluded at 03:45 p.m. You are requested to take the note of the same on your records. Thanking you, For, AAKASH EXPLORATION SERVICES LIMITED HEMANG N HARIA WHOLE TIME DIRECTOR & CFO DIN: 01690627 Annexure – I Details as required under Regulation 30(6) read with Para A (7) of Part A of Schedule III of the SEBI Listing Regulations and SEBI Master Circular No. HO/49/14/14(7)2025-CFD-POD2/I/3762/2026 dated January 30, 2026: Disclosure Requirements Mr. Vipul Haria (DIN: 01690638) Reason for Change viz., Mr. Vipul Haria is being re-appointed as Managing Director of the appointment, Company for the period of three years w.e.f. 14th December, 2026 resignation, removal, death or otherwise Date of Appointment & Term of Mr. Vipul Haria is being re-appointed as Managing Director of the Appointment Company for the period of three years w.e.f. 14th December, 2026 subject to approval of members Brief Profile Mr. Vipul N. Haria has been re-appointed as Managing Director of the Company w.e.f. 14th December, 2026. He is promoter of the Company having rich experience in the field of oil and Gas. He is being re-appointed for the period of three years. Disclosure of relationships Mr. Vipul N. Haria is relative of Mr. Hemang N. Haria, Whole Time Director between Directors and CFO & Mr. Vihan Vipul Haria, Whole Time Director of the Company. Information as required under Mr. Vipul Haria has not been debarred from holding the office of Director Circular No. by virtue of any SEBI order or any other authority. LIST/COMP/14/2018-19 and NSE/CML/2018/02 dated June 20, 2018 issued by the BSE and NSE, respectively.