Aar Shyam India Investment Company Limited convened a Board of Directors meeting on Monday, May 11, 2026, at which two significant decisions were taken — a voluntary delisting proposal from the Calcutta Stock Exchange Limited and the induction of a new Independent Director. The meeting commenced at 12:00 P.M. and concluded at 1:50 P.M., with the outcomes disclosed pursuant to Regulation 30 of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015.

Voluntary Delisting from Calcutta Stock Exchange

The board approved a proposal for the voluntary delisting of the company's equity shares from the Calcutta Stock Exchange Limited (CSE). The delisting is proposed to be carried out without providing an exit opportunity to shareholders, in accordance with Regulations 5 & 6 of the Securities and Exchange Board of India (Delisting of Equity Shares) Regulations, 2021. Following the delisting from CSE, the company's equity shares will continue to remain listed on BSE Limited, which operates as a Stock Exchange having Nationwide Trading Terminals. A public notice of the proposed delisting will be published in newspapers as required under the SEBI Delisting Regulations.

Appointment of Additional Independent Director

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

The following table summarises the key details of Ms. Deepa Garg's appointment as disclosed under Regulation 30 of the LODR Regulations:

Regulatory Disclosures

The disclosures were made in compliance with Regulation 30 of the LODR Regulations, read with SEBI Master Circular No. HO/49/14/14(7)2025-CFD-POD2/I/3762/2026 dated January 30, 2026, and SEBI Master Circular No. SEBI/HO/CFD/PoD2/CIR/P/0155 dated November 11, 2024. The communication was signed by Deepak Gautam, Company Secretary & Compliance Officer (M. No. A59578), 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.

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.

Company Information

Aar Shyam India Investment Company Limited is listed on BSE Limited with scrip code 542377 and on The Calcutta Stock Exchange Ltd. with scrip code 011600. The company's registered office is located at 920, 9th Floor Kirti Shikar Building, District Centre Janakpuri, New Delhi – 110058.