Asgard Alcobev Limited has successfully completed the dispatch of its postal ballot notice dated March 19, 2026, and published newspaper intimation confirming regulatory compliance for the director appointment process. The company has notified BSE Limited about the completion of dispatch to all eligible shareholders.

Postal Ballot Notice Dispatch Completion

The company has fulfilled its regulatory obligations by completing the dispatch of postal ballot notices to shareholders whose names appear in the Register of Members as on the cut-off date of March 20, 2026. Company Secretary Jitendra Rajendra Patil confirmed the completion through official communication to BSE Limited on March 30, 2026.

Newspaper Publication Requirements

In compliance with regulatory requirements, the company published newspaper notices in both English and regional languages on March 29, 2026:

Key Director Appointments Under Consideration

The postal ballot seeks shareholder approval for five critical director appointments that will strengthen the company's leadership structure:

E-voting Timeline and Process

The company has established a comprehensive e-voting framework through Central Depository Services Limited (CDSL) for shareholder participation:

Managing Director Remuneration Package

The proposed remuneration structure for Managing Director Ronak Jain reflects the company's commitment to attracting experienced leadership:

Company Financial Performance

The postal ballot notice highlights the company's remarkable financial transformation:

The completion of postal ballot dispatch marks a significant milestone in the company's governance process, ensuring all eligible shareholders can participate in the critical director appointment decisions that will shape Asgard Alcobev's future leadership structure.

Source: None/Company/INE767M01029/e68dd0d9-4f15-43e9-ba97-5e8c465f0ac3.pdf

Asgard Alcobev Limited has announced a significant leadership appointment, with its board of directors approving the designation of Shri Rohit Jain as Chairman Emeritus & Strategic Advisor to the Board. The appointment, effective March 21, 2026, represents the company's strategic move to leverage experienced industry leadership for continued growth and governance excellence.

Board Meeting Outcomes

The board meeting, conducted on March 21, 2026, at the company's registered office, commenced at 4:00 PM and concluded at 6:15 PM. The primary agenda focused on the appointment of Shri Rohit Jain to the newly created advisory position.

Strategic Leadership Addition

The appointment aims to continue benefiting from Shri Jain's vast knowledge, experience, and wisdom in an advisory capacity. Asgard Alcobev Limited emphasized that this strategic decision will contribute meaningfully to the organization's growth trajectory and governance framework.

Professional Background and Expertise

Shri Rohit Jain brings diversified entrepreneurial experience across multiple industries, including breweries, distilleries, cement, steel, and allied sectors. His professional credentials include:

• Founding Leadership: Helped establish CMJ Breweries Private Limited in 2007
• Business Scaling: Successfully led CMJ Breweries' growth into a well-recognized enterprise
• Market Presence: Built strong regional presence and established market credibility
• Operational Excellence: Demonstrated expertise in quality focus, cost efficiency, and operational excellence

Industry Experience and Vision

Shri Jain's hands-on approach and deep understanding of industrial operations have enabled effective execution of large-scale projects and efficient resource management. His pragmatic decision-making approach, combined with forward-looking vision, positions him to provide significant strategic insight and leadership experience to Asgard Alcobev Limited.

Regulatory Compliance

The appointment complies with Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, and follows the SEBI Master Circular SEBI/HO/CFD/PoD2/CIR/P/0155 dated November 11, 2024. The company has fulfilled all disclosure requirements for the advisory appointment, noting that the position is advisory in nature and not a directorial role.