SIP Industries Limited has announced the appointment of Mrs. Bageerathi as an Additional Director, following a board meeting held on January 31, 2026. The appointment, which requires shareholder approval at the General Meeting, represents a strategic addition to the company's leadership structure and fills the vacancy created by Ms. Lakshmiprabha's resignation in November 2025.

Board Meeting Outcomes

The Board of Directors convened on January 31, 2026, from 11:25 AM to 11:40 AM, where they approved the appointment of Mrs. Bageerathi (DIN: 11406837) as an Additional Director. The company has confirmed that Mrs. Bageerathi is not debarred from holding the office of Director by virtue of any order passed by SEBI or any other authority, in accordance with regulatory requirements.

Director Profile and Experience

Mrs. Bageerathi brings significant experience in education and social work to the board. She holds a Master of Arts degree and a Bachelor of Education (B.Ed.), with a distinguished career in the education sector. Her professional background includes service in a government-aided secondary school and retirement as Headmistress of a school at Kadayanallur in 2022.

Throughout her career, she was widely appreciated for her committed efforts in reducing dropout rates in primary education and for motivating students from underprivileged backgrounds to continue their studies. Her educational leadership demonstrates a strong commitment to inclusive and accessible education.

Current Activities and Community Involvement

Following her retirement from formal education, Mrs. Bageerathi continues her commitment to community service through various initiatives. She remains actively involved in religious and cultural activities while practicing and promoting yoga, conducting classes for children. Her current engagements include participation in social and environmental initiatives, operation of a Goshala, and involvement in agricultural activities.

Relationship Disclosure and Regulatory Compliance

As per regulatory requirements, the company has disclosed that Mrs. Bageerathi is the wife of Mr. Natesan Kameswaron, who currently serves as CFO and Whole-time Director of SIP Industries Limited. This relationship has been transparently communicated in compliance with SEBI listing obligations.

The appointment has been made in accordance with Regulation 33 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, and follows the guidelines specified in SEBI Circular No. SEBI/HO/CFD/PoD2/CIR/P/0155 dated November 11, 2024. The company has provided all required disclosures and confirmations as mandated by the regulatory framework, with Company Secretary Smriti Joy overseeing the compliance process.

ASI Industries Limited has announced the resignation of Independent Director Mr. Gaurang Gandhi, effective from the close of working hours on January 28, 2026. The company informed BSE Limited about this board change under Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

Resignation Details

Mr. Gaurang Gandhi submitted his resignation letter on January 28, 2026, citing preoccupation and other commitments as the primary reason for stepping down from his position. The resignation takes effect immediately from the close of business hours on the same date.

Regulatory Compliance

The company has fulfilled all disclosure requirements as mandated under Para A (7&7B) of Part A of Schedule III to the SEBI LODR, read with SEBI Master Circular dated November 11, 2024. Mr. Gandhi has provided confirmation that there are no other material reasons for his resignation beyond those mentioned in his resignation letter.

Other Directorships

Mr. Gandhi continues to serve as Executive Director of Pioneer Investcorp Limited, where he holds membership in key board committees:

• Member of Audit Committee
• Member of Stakeholder Relationship Committee

Corporate Communication

The resignation intimation has been signed by Company Secretary & Compliance Officer Manish Kakrai and uploaded on the company's website at www.asigroup.co.in . The company has requested BSE Limited to take the resignation on record and will arrange to submit the necessary forms with the Registrar of Companies, Mumbai accordingly.