Ajel Limited has announced that its board of directors will meet on May 30, 2026, to consider the audited financial results for the quarter and fiscal year ended March 31, 2026. The meeting is scheduled to be held at 4:00 PM pursuant to Regulation 29 of the SEBI (Listing Obligations & Disclosure Requirements), 2015.

Agenda for the Meeting

The primary agenda for the board meeting includes the consideration and approval of the company's financial performance for the fourth quarter and the full financial year. Additionally, the board will review the audit report submitted by the statutory auditors.

The key items on the agenda are:

• To consider, approve, and take on record the Audited Financial Results of the company for the quarter and year ended March 31, 2026.
• To consider and take note of the Audit Report submitted by the auditors for the quarter and year ended March 31, 2026.
• Any other business activity with the permission of the chair.

Meeting Details

The following table provides the key details regarding the upcoming board meeting:

The notice, signed by Managing Director Srinivasa Reddy Arikatla, was dispatched to the stock exchanges on May 22, 2026. Shareholders and market participants are advised to await the official announcement of the financial results following the conclusion of the board meeting.

Ajel Limited announced key board changes following its meeting held on March 27, 2026, at the company's corporate office. The board meeting, which commenced at 05:00 PM and concluded at 05:15 PM, resulted in the appointment of a new director and acceptance of a resignation, both effective immediately.

Director Appointment Details

The board appointed Mr. Mariya Sharivn Jeffrey Loorthu (DIN: 09253546) as Additional Director with effect from March 27, 2026. The appointment was made based on the recommendation of the Nomination and Remuneration Committee.

The newly appointed director is described as an experienced person with knowledge and experience of the industry suitable for the company. Mr. Loorthu fulfills the criteria of independence as required under the provisions of the Companies Act, 2013 and the SEBI Listing Regulations. The company confirmed that he is not debarred from holding the office of Director by any order of SEBI or other authorities.

Director Resignation

Simultaneously, the board accepted the resignation of Mr. Ashrith Reddy Gireddy (DIN: 09568296), who stepped down from his position as Director with effect from the conclusion of the board meeting held on March 27, 2026.

Mr. Gireddy submitted his resignation letter on March 26, 2026, citing personal reasons and other professional commitments. The company received confirmation from the outgoing director that there are no other material reasons for his resignation beyond those mentioned in his resignation letter.

Current Board Composition

Following these changes, Ajel Limited's board comprises seven directors as of March 27, 2026:

• Mr. Srinivasa Reddy Arikatla - Chairman & Managing Director (DIN: 01673552)
• Mrs. Harshana Antharaji - Wholetime Director & CFO (DIN: 07466984)
• Mr. Rama Rao Madasu - Non-Executive Independent Director (DIN: 01954086)
• Mr. Venkata Stayanarayana Reddy Chintakuntla - Non-Executive Independent Director (DIN: 08582621)
• Mrs. Usha Rani Kanteti - Independent Director (DIN: 11351876)
• Mr. Lakshmi Narayan Vuppuluri - Independent Director (DIN: 05263132)
• Mr. Mariya Sharivn Jeffrey Loorthu - Additional Director (DIN: 09253546)

Regulatory Compliance

The announcements were made pursuant to Regulation 30 of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015. All required disclosures under SEBI Circular CIR/CFD/CMD/4/2015 dated September 09, 2015, have been provided to the stock exchanges. The company has submitted the necessary documentation and confirmations to ensure full regulatory compliance with the board changes.