Shareholders 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: 31/08/2026 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 Dear Sir/ Madam, Sub: Notice of 20th Annual General Meeting of the members of the Company. Please find enclosed herewith the Notice of the 20th Annual General Meeting (‘AGM’) of Aakash Exploration Services Limited scheduled to be held on Tuesday, September 29, 2026, at 04:00 p.m. (1ST) through Video Conferencing/Other Audio-Visual Means. You are requested to kindly take the same on your records. Thanking You, Yours faithfully, Thanking you, For, AAKASH EXPLORATION SERVICES LIMITED HEMANG N HARIA WHOLE TIME DIRECTOR AND CFO DIN: 01690627 Encl: a.a. NOTICE NOTICE is hereby given that the 20th Annual General Meeting of the Members of the Company will be held on Tuesday, 29th September, 2026 at 04:00 P.M through Video Conferencing (VC) / Other Audio-Visual Means (OAVM) organized by the Company without In-person presence of the Shareholders to transact the following business: ORDINARY BUSINESS:- i. To receive, consider and adopt the Audited Balance Sheet as at 31st March, 2026 and Statement of Profits & Loss together with Cash Flow Statement and Notes forming part thereto (“Financial Statement”) for the year ended on 31st March, 2026 and Report of the Board of Directors and Auditors thereon. ii. To appoint a director in place of Mr. Hemang Navin Haria (DIN: 01690627) who retires by rotation at this meeting and being eligible, offers himself for re-appointment. SPECIAL BUSINESS: iii. Re-appointment of Mr. Vipul Navinchandra Haria (DIN 01690638) as a Managing Director of the Company To consider, and if thought fit, to pass the following resolution as a Special Resolution: “RESOLVED THAT pursuant to the provisions of Section 196, 197, 203 read with the Companies (Appointment and Remuneration of Managerial Personnel) Rules, 2014, in accordance with Section II of Part II of Schedule V of the Companies Act, 2013 & all other applicable provisions and pursuant to the recommendation of Nomination and Remuneration Committee, consent of the members be and is hereby accorded to re-appoint of Mr. Vipul Navinchandra Haria (DIN 01690638) as Managing Director of the Company w.e.f December 14, 2026 for a term of 3 years at a remuneration as tabled below and he shall have the right to manage the day-to-day business affairs of the Company subject to the superintendence, guidance, control and direction of the Board of Directors of the Company”. Not Exceeding INR 9,00,000/- per month or such other higher Salary remuneration as may be approved by the Board and Nomination & Remuneration Committee Provident Fund In accordance with the applicable statutory norms Gratuity In accordance with the applicable statutory norms Leave with full pay and allowances shall be allowed as per Company’s Leave Policy Leave Travel As per the Company’s policy and in accordance with statutory norms Concession Reimbursement of Actual business expenses incurred in the course of company’s work shall Expenses be reimbursed. No sitting fees shall be payable for attending meetings of the Board or Sitting Fees its Committees. Retirement He shall be liable to retire by rotation “RESOLVED FURTHER THAT the terms of remuneration as set out of this Resolution shall be deemed to form part hereof and in the event of any inadequacy or absence of profits in any financial year or years, the aforementioned remuneration comprising salary, perquisites and benefits approved herein be continued to be paid as minimum remuneration to the Managing Director.” “RESOLVED FURTHER THAT any of the Director or Secretary of the Company, be and is hereby severally authorized to do all such acts, deeds and things which are necessary to carry out the aforesaid resolution and to seek such approval/ consent from the government departments, if required, in this regard and make necessary filings relating to appointment of Mr. Vipul N. Haria with the Registrar of Companies and submission of any other necessary documents with the appropriate regulatory authorities, as may be required from time to time.” iv. Appointment of Mr. Vihan Vipul Haria (DIN: 10939452) as a Director & Whole Time Director of the Company: To consider, and if thought fit, to pass the following resolution as a Special Resolution: “RESOLVED THAT pursuant to the provisions of sections 196, 197, 198, 203 and all other applicable provisions, if any, of the Companies Act, 2013, the Companies (Appointment and Remuneration of Managerial Personnel) Rules, 2014 and any other Rules thereunder read with Schedule V of the said Act, SEBI (Listing Obligations & Disclosure Requirements) Regulations, 2015, including any amendment(s), modification(s), variation(s) or reenactment(s) thereof, and on the recommendation of Nomination Remuneration Committee and the approval of the Board of Directors of the Company, approval of the Members of the Company be and is hereby accorded for the appointment of Mr. Vihan Vipul Haria (DIN: 10939452), who was appointed as an Additional Director of the Company by the Board of Directors of the Company with effect from August 11, 2026 in terms of applicable provisions of the Act and the Listing Regulations, for a period of 3 (Three) years from the date of his appointment i.e. 11/08/2026, at such remuneration as tabled below and he shall have the right to manage the day-to-day business affairs of the Company subject to the superintendence, guidance, control and direction of the Board of Directors of the Company”. Not Exceeding INR 9,00,000/- per month or such other higher Salary remuneration as may be approved by the Board and Nomination & Remuneration Committee Provident Fund In accordance with the applicable statutory norms Gratuity In accordance with the applicable statutory norms Leave with full pay and allowances shall be allowed as per Company’s Leave Policy Leave Travel As per the Company’s policy and in accordance with statutory norms Concession Reimbursement of Actual business expenses incurred in the course of company’s work shall Expenses be reimbursed. No sitting fees shall be payable for attending meetings of the Board or Sitting Fees its Committees. Retirement He shall be liable to retire by rotation “RESOLVED FURTHER THAT the aforesaid revised remuneration payable to Mr. Vihan Vipul Haria, as recommended by the Nomination and Remuneration Committee and approved by the Board of Directors at their respective meetings held on August 26, 2026, be and is hereby approved by the Members of the Company.” “RESOLVED FURTHER THAT the terms of remuneration as set out of this Resolution shall be deemed to form part hereof and in the event of any inadequacy or absence of profits in any financial year or years, the aforementioned remuneration comprising salary, perquisites and benefits approved herein be continued to be paid as minimum remuneration to the Whole Time Director.” “RESOLVED FURTHER THAT any of the Director or Secretary of the Company, be and is hereby severally authorized to do all such acts, deeds and things which are necessary to carry out the aforesaid resolution and to seek such approval/ consent from the government departments, if required, in this regard and make necessary filings relating to appointment of Mr. Vihan Vipul Haria as a Whole Time Director with the Registrar of Companies and submission of any other necessary documents with the appropriate regulatory authorities, as may be required from time to time.” Date: 26/08/2026 By Order of the Board Registered office: Aakash Exploration Services Limited 1105 to 1108, Anam - 2, Bopal, Ambali, Ahmedabad – 380058 Nisha Agrawal Company Secretary Membership No. 39649 NOTES 1. The Statement pursuant to [Showing first 8,000 characters — download PDF for full document]