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.

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.

Background and Succession

The appointment follows the resignation of Ms. Lakshmiprabha from the Board in November 2025. Mrs. Bageerathi's appointment fills this vacancy and maintains the board's composition. The new director will assume her role as Non-Executive Director effective February 1, 2026.

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
• Retirement as Headmistress of a school at Kadayanallur in 2022
• Recognition for efforts in reducing dropout rates in primary education
• Success in motivating underprivileged students to continue their studies

Current Activities and Community Involvement

Following her retirement from formal education, Mrs. Bageerathi continues her commitment to community service through various initiatives:

• Active involvement in religious and cultural activities
• Yoga practice and instruction for children
• Participation in social and environmental initiatives
• Operation of a Goshala
• Engagement in agricultural activities

Relationship Disclosure

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.

Regulatory Compliance

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.

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.