Austere Systems Limited has formally explained to BSE Limited the circumstances behind its delayed intimation regarding the resignation of its Company Secretary. The company submitted its explanation on 05th February 2026, addressing the regulatory compliance lapse.

Company Secretary Resignation Details

Ms. Shampa Juneja tendered her resignation from the position of Company Secretary and Compliance Officer of Austere Systems Limited. Her resignation became effective from the closing business hours of 20th January 2026.

In her resignation letter dated 05th January 2026, Ms. Juneja cited personal reasons for her decision to step down from the role. She requested the Board to accept her resignation and file the necessary forms with the Registrar of Companies.

Regulatory Compliance Explanation

The company acknowledged that under Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, it was required to intimate the stock exchange within the prescribed timeline regarding the resignation. However, Austere Systems failed to meet this regulatory requirement.

In its explanation to BSE Limited, the company attributed the delay to:

• Inadvertent and unintentional oversight
• Procedural constraints
• Neither deliberate nor intentional action

Director and CFO Piyush Gupta, who signed the explanation letter, emphasized that the delay was not deliberate. The company expressed sincere regret for the compliance lapse and assured BSE of timely adherence to all statutory and regulatory requirements in the future.

Company Information

Austere Systems Limited, formerly known as Austere Systems Private Limited, is listed on the BSE SME platform with scrip code 544505. The company maintains its registered office in Pune, Maharashtra, and corporate office in Gurgaon, Haryana.

The explanation letter was digitally signed by Piyush Gupta (DIN 08071837) in his capacity as Director and CFO, demonstrating the company's commitment to addressing the regulatory oversight and maintaining transparency with the stock exchange.

Austere Systems Limited has announced that its Board of Directors will convene on January 27, 2026, to deliberate on the declaration of an interim dividend for the Financial Year 2025-26. The meeting, scheduled to be conducted through video conferencing, represents a significant development for shareholders of the technology systems company.

Board Meeting Details

The key agenda items and timeline for the upcoming board meeting are outlined below:

The board will specifically consider two primary matters: the declaration of an interim dividend for FY 2025-26 and the fixation of February 11, 2026, as the record date for determining shareholder entitlement to the proposed dividend.

Regulatory Compliance

In accordance with the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015, Austere Systems Limited has issued this notice under Regulation 29. The company has also addressed Regulation 42 requirements by proposing the record date for dividend entitlement determination.

As mandated by the company's Code of Fair Disclosures and Conduct for Prevention of Insider Trading, adopted pursuant to SEBI (Prohibition of Insider Trading) Regulation, 2015, the trading window for all designated persons will remain closed until January 29, 2026. This closure period ensures compliance with insider trading prevention measures during the dividend consideration period.

Company Information

Austere Systems Limited, formerly known as Austere Systems Private Limited, operates with its registered office located in Pune, Maharashtra, and maintains its corporate office in Gurgaon, Haryana. The company trades on the BSE SME Platform under scrip code 544505.

The formal communication was signed by Piyush Gupta, Director and Chief Financial Officer, and submitted to BSE Limited on January 21, 2026. Shareholders and market participants will await the board's decision on the interim dividend declaration following the scheduled meeting.