Aar Shyam India Seeks Voluntary Delisting from CSE

Aar Shyam India Investment Company Limited has moved forward with its proposal to voluntarily delist its equity shares from the Calcutta Stock Exchange Limited (CSE). The Board of Directors approved the proposal on May 11, 2026, and the company has since submitted copies of the newspaper publication regarding the notice of delisting to the stock exchanges on May 12, 2026.

Voluntary Delisting from Calcutta Stock Exchange

The board approved the voluntary delisting of the company's equity shares from the CSE without providing an exit opportunity to shareholders. This decision was made in accordance with Regulations 5 & 6 of the Securities and Exchange Board of India (Delisting of Equity Shares) Regulations, 2021. The company stated that the objective is to save recurring expenditure on listing fees, as the scrip has not been traded on the CSE for a very long time. Following the delisting, the company's equity shares will continue to remain listed on BSE Limited, which operates with Nationwide Trading Terminals.

Parameter	Details
Exchange for Delisting	Calcutta Stock Exchange Limited (CSE)
Applicable Regulations	SEBI Delisting Regulations, 2021 – Regulations 5 & 6
Exit Opportunity to Shareholders	Not applicable
Continued Listing	BSE Limited (Nationwide Trading Terminals)
Public Notice	Published in newspapers on May 12, 2026

Appointment of Additional Independent Director

Simultaneously, the board approved the appointment of Ms. Deepa Garg (DIN: 10740685) as an Additional Director in the category of Non-Executive Independent Director, effective May 11, 2026. This appointment is subject to the approval of members at the ensuing General Meeting. Ms. Garg holds no shares in the company and is not debarred from holding the office of director by SEBI or any other authority.

Parameter	Details
Name	Ms. Deepa Garg
DIN	10740685
Category	Non-Executive Independent Director
Date of Appointment	May 11, 2026
Term	Up to the date of ensuing General Meeting, subject to shareholders' approval
Shares Held in Company	NIL

Regulatory Disclosures

The disclosures were made in compliance with Regulation 30 of the LODR Regulations. The communication was signed by Deepak Gautam, Company Secretary & Compliance Officer, on behalf of Aar Shyam India Investment Company Limited.

Aar Shyam India Investment Company Limited announced the outcome of its board meeting held on April 30, 2026, which addressed significant changes in promoter classification and shareholding structure following the successful completion of an open offer under SEBI regulations.

New Promoter Classification Approved

The board of directors approved the classification of two new entities as promoters of the company following the successful completion of an open offer made in accordance with SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011.

Parameter:	Details
New Promoters:	Guruomega Private Limited and Mr. Man Mohan Katial
Classification Date:	April 30, 2026
Regulatory Framework:	SEBI SAST Regulations, 2011
Board Meeting Duration:	11:30 A.M. to 12:00 P.M.

The board also approved necessary changes in the promoter and promoter group category, including consequential reclassification, in accordance with Regulation 31A (5) of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

Existing Promoter Exit

The board took note of the exit of the existing promoter from the company's promoter category. KK Modi Investment and Financial Services Private Limited, the erstwhile promoter, has transferred its entire shareholding to the incoming promoter Guruomega Private Limited pursuant to a Share Purchase Agreement dated March 27, 2023.

Following this transfer, KK Modi Investment and Financial Services Private Limited has ceased to be a promoter of the company and has been reclassified as a public shareholder. The company received a consent letter from the erstwhile promoter dated April 11, 2023, which was enclosed as Annexure I with the board meeting outcome.

Regulatory Compliance and Documentation

The company will file an updated Shareholding Pattern (SHP) reflecting the aforementioned changes with BSE Limited on Monday, May 04, 2026, in compliance with applicable regulatory requirements. This filing will formalize the promoter changes and ensure transparency in the company's ownership structure.

The board meeting was conducted in accordance with Regulation 30 of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015, ensuring proper disclosure of material events to the stock exchanges and stakeholders.