ASI INDUSTRIES LIMITED — Proxy Solicitation & Information Statement 2026

Jan 28, 2026

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www.asigroup.co.in
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Dated: 28[th ] January, 2026

To

BSE Ltd. Listing Department, P. J. Towers, Dalal Street, Mumbai – 400 001.

Script Code : 502015 Script Name : ASIIL ISIN : INE 443A01030

Dear Sirs,

Sub: Postal Ballot Notice - Disclosure under Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 ("SEBI LODR")

Dear Sir/Madam

Pursuant to Regulation 30 of SEBI LODR, please find enclosed a copy of the Postal Ballot Notice together with the Explanatory Statement, seeking approval of the Members for the resolutions mentioned in the Notice

Pursuant to the provisions of Section 110 and other applicable provisions, if any, of the Companies Act, 2013, Rules 20 and 22 of the Companies (Management and Administration) Rules, 2014, read with the General Circular No. 14/2020 dated April 8, 2020, the General Circular No. 17/2020 dated April 13, 2020, and subsequent circulars issued in the regard, the latest being the General Circular No. 03/2025 dated 22[nd] September, 2025 issued by the Ministry of Corporate Affairs (“MCA Circulars”), the Postal Ballot Notice is being sent only by electronic mode to the Members whose names appear on the Register of Members/List of Beneficial Owners as on Friday, 30[th] January, 2026 (cut-off date) and whose e-mail addresses are registered with the Company/Depositories. As per the provisions of the MCA Circulars, Members can vote only through the remote e-voting process.

The Company has engaged the services of Central Depository Securities Limited for providing remote e- voting facility to all its Members. The voting through remote e-voting will commence at 9 a.m. (IST) on Wednesday, February 04, 2026 and shall end at 5 p.m. (IST) on Thursday, March 05, 2026 . The results of postal ballot will be declared on or before Saturday, March 07, 2026. The Postal Ballot Notice is also available on the Investors Relations section of the Company's website at www.asigroup.co.in

Kindly take the same on record.

Thanking you,

Yours faithfully,

For ASI Industries Limited

Digitally signed by Manish Manish Prakash Kakrai Prakash Kakrai Date: 2026.01.28 16:09:26 +05'30'

MANISH P. KAKRAI

Company Secretary & Compliance Officer

REGISTERED OFFICE : Marathon Innova, A Wing, 7[th] Floor, Off G K Marg, Lower Parel, Mumbai – 400 013, Maharashtra, India. +91 22 40896100 | info@asigroup.co.in CIN : L14101MH1945PLC256122

WORKS : ASI House, Kudayala Indl. Area, Ramganjmandi, Kota – 326519, Rajasthan. mail@asigroup.co.in GST No.08AACCA3549F1ZU

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Registered Office : Marathon Innova, A Wing, 7[th] Floor, Off G.K. Marg, Lower Parel, Mumbai-400013 Board N o.: +91 4089 6100, Fax No.: + 91 4089 6199

Email: cs@asigroup.co.in Website: www.asigroup.co.in, CIN: L14101MH1945PLC256122

NOTICE OF POSTAL BALLOT AND E-VOTING

NOTICE PURSUANT TO SECTION 110 OF THE COMPANIES ACT, 2013 READ WITH THE COMPANIES (MANAGEMENT AND ADMINISTRATION) RULES, 2014, OTHER APPLICABLE PROVISIONS, IF ANY, OF THE COMPANIES ACT, 2013 (INCLUDING ANY STATUTORY MODIFICATION OR RE-ENACTMENT THEREOF FOR THE TIME BEING IN FORCE) AND REGULATION 44 OF THE SECURITIES AND EXCHANGE BOARD OF INDIA (LISTING OBLIGATIONS AND DISCLOSURE REQUIREMENTS) REGULATIONS, 2015.

Dear Member(s),

Notice is hereby given that the resolution set out below is proposed to be passed by the members of ASI Industries Limited (“the Company”) by means of Postal Ballot, only by way of remote e-voting process (“evoting”), pursuant to Section 110 of the Companies Act, 2013 (“the Act”), Rule 22 of the Companies (Management and Administration) Rules, 2014 (“the Rules”) and other applicable provisions of the Act and the Rules, General Circular Nos. 14/2020 dated April 8, 2020 and 17/2020 dated April 13, 2020 and subsequent circulars issued in this regard, the latest being Circular No. 03/2025 dated 22[nd] September, 2025 issued by the Ministry of Corporate Affairs (“MCA Circulars”), Regulation 44 of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015 (“Listing Regulations”) read with SEBI Master Circular no. SEBI/HO/CFD/PoD2/CIR/P/0155 dated 11th November, 2024 and Secretarial Standard on General Meetings (“SS-2”) issued by the Institute of Company Secretaries of India and other applicable laws, rules and regulations (including any statutory medication or reenactment thereof for the time being in force and as amended from time to time).

The Statement pursuant to Section 102(1) and other applicable provisions of the Act read with the Rules setting out all material facts relating to the resolution mentioned in this Postal Ballot Notice is annexed hereto.

The Board of Directors has appointed Shri Prabhat Maheshwari, Practising Company Secretaries (Membership No. F2405 and C.P. No. 1432), or failing him Mr. Nirmal Gupta Practising Company Secretaries (Membership No. A45839 and C.P. No. 27144) both being the Partners of M/s. GMJ & Associates, Company Secretaries as Scrutinizer for conducting the Postal Ballot, through the e-voting process, in a fair and transparent manner and they have communicated their willingness to be appointed and will be available for the said purpose. The Scrutinizer's decision on the validity of the Postal Ballot shall be final.

The Company has engaged the services of Central Depository Services Limited (“CDSL”) as the agency to provide e-voting facility.

In accordance with the MCA Circulars, members can vote only through the remote e-voting process. Accordingly, the Company is pleased to provide remote e-voting facility to all its members to cast their votes electronically. Members are requested to read the instructions in the Notes in this Postal Ballot Notice so as to cast their vote electronically not later than 5:00 p.m. IST on Thursday, 5[th] March 2026 , (the last day to cast vote electronically) to be eligible for being considered.

The Scrutinizer will submit his report, after the completion of scrutiny, to the Chairman and Managing Director of the Company or any person authorized by him. The results of e-voting will be announced on or

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before Saturday, 7[th] March, 2026 , and will be displayed on the Company's website www.asigroup.co.in and will also be communicated to the BSE Limited and Central Depository Services (India) Limited (“CDSL”) The Company will also display the results of the Postal Ballot at its Registered Office.

SPECIAL BUSINESS

Item No.1

Appointment of Mr. Rajaram Gordhanlal Agarwal (DIN: 10384386) as an Independent Director.

To consider and, if thought fit, to pass the following resolution as a Special Resolution

“ RESOLVED THAT pursuant to the provisions of Sections 149, 152 and other applicable provisions, if any, of the Companies Act, 2013 (“the Act”), read with Schedule IV of the Act (including any statutory modification(s) or reenactment(s) thereof, for the time being in force) and the Companies (Appointment and Qualification of Directors) Rules, 2014, as amended from time to time and SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 (including any statutory modification(s) or re-enactment thereof for the time being in force) and pursuant to the recommendation of the Nomination and Remuneration Committee and the Board of the Directors, Mr. Rajaram Gordhanlal Agarwal (DIN: 10384386) who was appointed by the Board of Directors as an Additional Director in the category of NonExecutive Independent Director of the Company with effect from 7[th] January, 2026 and who meets the criteria of independence as provided under Section 149(6) of the Act and Regulation 16(1) (b) of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015 and in respect of whom the Company has received a notice in writing from a Member under Section 160(1) of the Act proposing his candidature for the office of Director, be and is hereby appointed as an Independent Director of the Company not liable to retire by rotation, for a term of five (05) years, with effect from 7[th] January, 2026 to 6[th] January, 2031.

“RESOLVED FURTHER THAT the Board of Directors of the Company, be and is hereby authorised to do all such acts, deeds, matters and things as may be considered necessary, desirable or expedient to give effect to this Resolution.”

By Order of the Board of Directors Sd/- Manish P. Kakrai Company Secretary and Compliance Officer Mumbai, 28[th] January, 2026

Registered Office : Marathon Innova, A Wing, 7th Floor, Off G.K. Marg, Lower Parel, Mumbai-400013. Website: www.asigroup.co.in Email: cs@asigroup.co.in

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EXPLANATORY STATEMENT AS REQUIRED UNDER SECTION 102 OF THE COMPANIES ACT, 2013 AND THE INFORMATION AS REQUIRED PURSUANT TO THE SEBI (LISTING OBLIGATIONS AND DISCLOSURE REQUIREMENTS) REGULATIONS, 2015.

ITEM No.1:

Based on the recommendation of the Nomination and Remuneration Committee, the Board of Directors of the Company appointed, pursuant to the provisions of Section 161(1) of the Companies Act, 2013 (“the Act”), and the Articles of Association of the Company, Mr. Rajaram Gordhanlal Agarwal (DIN: 10384386) as an Additional Director, to hold office as an Independent Director of the Company for a term of 5 (five) consecutive years with effect from 7[th] January, 2026 . In accordance with the provisions of Regulation 25 (2A) of SEBI (Listing Obligation and Disclosure Requirement) Regulations, 2015 as amended, appointment of an Independent Directors requires approval of the members by way of special resolution. Mr. Rajaram Gordhanlal Agarwal is not disqualified from being appointed as a director in terms of Section 164 of the Act and has given his consent to act as a director of the Company. Section 149 of the Act and provisions of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015 (“Listing Regulations”) inter alia prescribe that an independent director of a Company shall meet the criteria of independence as provided in Section 149(6) of the Act. In the opinion of the Board, he fulfils the conditions specified in this Act for such an appointment. Hence, Board recommends the passing of above resolution by way of special resolution.

None of the Directors of the Company except Mr. Rajaram Gordhanlal Agarwal are interested in the proposed resolution.

PROFILE OF MR RAJARAM GORDHANLAL AGARWAL

Mr. Rajaram G. Agarwal is a qualified Chartered Accountant (CA).

After serving at a corporate level for more than 3 decades, now engaged in the field of CA Practice. He has vast experience in the field of Auditing, Accounting, Taxation, Investment and Finance.

His expertise covers cost management & compliances of various laws applicable to corporate.

In the opinion of the Board, Mr. Rajaram G. Agarwal fulfils the conditions specified in the Companies Act, 2013 and Rules made thereunder and the SEBI LODR for his appointment as an Independent Director of the Company and he is independent of management of the Company.

By Order of the Board of Directors

Sd/-

Manish P. Kakrai Company Secretary and Compliance Officer Mumbai, 28[th] January, 2026

Registered Office:

Marathon Innova, A Wing, 7th Floor, Off G.K. Marg, Lower Parel, Mumbai-13 Website: www.asigroup.co.in, E-mail: cs@asigroup.co.in

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Annexure “A”

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BRIEF RESUME OF DIRECTOR SEEKING APPOINTMENT/ RE-APPOINTMENT

(Pursuance of Regulation 36(3) of SEBI (Listing Obligations and Disclosure Requirements), 2015 and Secretarial Standards issued by the Institute of Company Secretaries of India

Pursuance of Regulation 36(3) of SEBI (Listing Secretarial Standards issued by the	Obligations and Disclosure Requirements), 2015 and Institute of Company Secretaries of India
Name of Director(DIN)	Mr. Rajaram Gordhanlal Agarwal(10384386)
Nationality	Indian
Date of Birth and Age	01.03.1963 (63 years)
Educational Qualification	Chartered Accountant
Date of First appointment on Board	7thJanuary, 2026
Experience (including nature of expertise in specific functional areas)/ Brief Resume	As provided in the statement pursuant to Section 102 of the Companies Act, 2013.
List of Directorship of other Board (excluding foreign, private and section 8 Co.)	Independent director of Indian Emulsifiers Limited
Chairman/Member of the Committees of the Board of other Indian Public Limited Companies as on date	Chairman of Audit Committee and Nomination & Remuneration Committee and Member of Stakeholder Relationship Committee and Corporate Social Responsibility Committee of Indian Emulsifiers Limited
No. of Shares held in the Company	NIL
Number of Meetings of the Board attended during the year	N.A
Relationship with other directors, manager and other Key Managerial Personnel of the Company	NONE
Remuneration drawn during the financial year 2024-2025	N.A. ( eligible for sitting fee only)
Details of remuneration sought to be paid	N.A.
Terms & conditions of appointment/reappointments	As per the Nomination, Remuneration & Board Diversity Policy of the Company as placed on the Company’s website i.e. http://www.asigroup.co.in
Skills and capabilities required for the role and the manner in which the Director(s) meets the retirement	As provided in the statement pursuant to Section 102 of the Companies Act, 2013.

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NOTES:

1. A Statement pursuant to Section 102, 110 and other applicable provisions of the Companies Act, 2013 (”Act”) and Rules made thereunder setting out material facts and reasons for the proposed Resolutions, is annexed hereto and forms part of this Notice.

2. The relevant details of Directors seeking appointment pursuant to Regulation 36(3) of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations 2015 ("Listing Regulations") and Secretarial Standards on General Meetings (”SS-2”) are also annexed as Annexure-A to this Notice.

3. In line with the MCA Circulars, the Postal Ballot Notice is being sent only by electronic mode to those members whose e-mail addresses are registered with the Company/Depositories and whose names appear in the Register of Members / list of Beneficial Owners as received from National Securities Depository Limited (“NSDL”) / Central Depository Services (India) Limited (“CDSL”) as on cut-off date i.e. Friday, 30[th] January, 2026 . Members may please note that the Postal Ballot Notice will also be available on the Company’s website at www.asigroup.co.in websites of the Stock Exchanges i.e. BSE Limited at www.bseindia.com and on the website of www.cdslindia.co.in

4. In accordance with the provisions of the MCA Circulars, Shareholders can vote only through the remote e-voting process. Physical copies of the Postal Ballot Notice and pre-paid business reply envelopes are not being sent to shareholders for this Postal Ballot

5. Members who have not registered their e-mail address are requested to register the same in respect of shares held in electronic form with the Depository through their Depository Participant(s) and in respect of shares held in physical form by writing to the Company’s Registrar and Share Transfer Agent, M/s. MUFG Intime India Private Limited.

6. In compliance with the provisions of Sections 108, 110 and other applicable provisions of the Companies Act, 2013, read with Rules 20 and 22 of the Companies (Management and Administration) Rules, 2014 as amended from time to time, SS-2 and SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, the Company is offering e-voting facility to all the members of the Company. The Company has engaged the services of Central Depository Securities Limited (CDSL) to provide the e-voting facility.

7. The voting rights for Equity Shares are one vote per Equity Share, registered in the name of the members. Voting rights shall be reckoned on the paid-up value of Equity Shares registered in the name of the shareholders as on Friday, 30[th] January,2026 . A person who is not a shareholder on the relevant date should treat this notice for information purpose only.

8. The e-voting period commences on Wednesday, 4[th] February 2026 at (9.00 A.M.) and ends on Thursday, 5[th] March 2026 at (5.00 P.M.). During this period, shareholders of the Company, as on the cut-off date of Friday, 30[th] January, 2026 may cast their vote electronically. The e-voting module shall be disabled by CDSL for voting thereafter. Once the vote on a resolution is cast by the shareholder, the shareholder shall not be allowed to change it subsequently. The instructions for e-voting are annexed to this Notice.

9. Mr. Prabhat Maheshwari, or in his absence Mr. Nirmal Gupta both Partners of GMJ & Associates, Practicing Company Secretaries, has been appointed as the Scrutinizer to scrutinize the e-voting process in a fair and transparent manner and he has communicated his willingness to be appointed and will be available for the said purpose.

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1. The Scrutinizer will submit his report, to the Chairman & Managing Director, after completion of scrutiny of Postal Ballot in a fair and transparent manner. The results of the Postal Ballot will be announced on or before Saturday , 7[th] March, 2026 and communicated to Stock Exchanges, where the equity shares of the Company are listed.

2. The resolution, if approved, shall be deemed to have been passed on the last date of e-voting i.e. Thursday, 5[th] March 2026.

3. The special resolution shall be declared as passed if the number of votes cast in favour of the special resolution are not less than three times the number of votes cast against the special resolution.

4. All documents referred to in this Postal Ballot Notice will be available for inspection electronically until the last date of voting. Members seeking to inspect such documents can send an email to investors@asigroup.co.in.

5. For any queries/grievances, in relation to voting through post or electronic means, members may contact Registrar and Transfer Agent (RTA) i.e. MUFG Intime India Private Limited.

PROCEDURE FOR E-VOTING

1. E-VOTING FACILITIES

• (I) Pursuant to the provisions of Section 108 and other applicable provisions of the Act read with the Rules and Regulation 44 of Listing Regulations, as amended, read with circular dated December 9, 2020 of SEBI on e-Voting Facility provided by Listed Entities, the Company is providing e-voting facility of CDSL to its members to exercise their right to vote on the proposed resolution by electronic means.

• (II) The e-voting facility will be available during the following period:

• Commencement of e-voting: 9:00 a.m. (IST) on Wednesday, 4[th] February, 2026

• End of e-voting: 5:00 p.m. (IST) on Thursday 5[th] March, 2026.

The remote e-voting will not be allowed beyond the aforesaid date and time and the remote e-voting module shall be forthwith disabled by CDSL upon expiry of the aforesaid period.

• (III) The manner of voting by (i) individual shareholders holding shares of the Company in demat mode, (ii) Shareholders other than individuals holding shares of the Company in demat mode, (iii) Shareholders holding shares of the Company in physical mode, and (iv) Shareholders who have not registered their e-mail address, is explained in the instructions given here in below

2. INFORMATION AND INSTRUCTION RELATING TO E-VOTING

• (I) Once the Shareholder has exercised the vote, whether partially or otherwise, the Shareholder shall not be allowed to change it subsequently or cast the vote again

• (II) INFORMATION AND INSTRUCTIONS FOR E-VOTING BY INDIVIDUAL SHAREHOLDERS HOLDING SHARES OF THE COMPANY IN DEMAT MODE

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Step 1 : Access through Depositories CDSL/NSDL e-Voting system in case of individual shareholders holding shares in demat mode.

In terms of SEBI circular no. SEBI/HO/CFD/CMD/CIR/P/2020/242 dated December 9, 2020 on e- Voting facility provided by Listed Companies, Individual shareholders holding securities in demat mode are allowed to vote through their demat account maintained with Depositories and Depository Participants. Shareholders are advised to update their mobile number and email Id in their demat accounts in order to access e-Voting facility.

Pursuant to abovesaid SEBI Circular , Login method for e-Voting for Individual shareholders holding securities in Demat mode CDSL/NSDL is given below:

Type of shareholders	Login Method
Individual Shareholders holding securities in Demat mode withCDSL	1) Users who have opted for CDSL Easi / Easiest facility, can login through their existing user id and password. Option will be made available to reach e- Voting page without any further authentication. The URL for users to login to Easi / Easiest are requested to visit CDSL website www.cdslindia.com and click on Login icon and select New System Myeasi Tab. 2) After successful login, the Easi / Easiest user will be able to see the e-Voting option for eligible companies where the e-voting is in progress as per the information provided by the Company. On clicking the E voting option, the user will be able to see e-Voting page of the e-Voting service provider for casting your vote during the remote e-Voting. Additionally, there is also links provided to access the system of all E-voting Service Providers i.e. so that the user can visit the e-Voting service providers’ website directly. 3) If the user is not registered for Easi/Easiest, option to register is available at CDSL website www.cdslindia.com and click on login & New System Myeasi Tab and then click on registration option. 4) Alternatively, the user can directly access e-Voting page by providing Demat Account Number and PAN from a e-Voting link available on www.cdslindia.com home page. The system will authenticate the user by sending OTP on registered Mobile & Email as recorded in the Demat Account. After successful authentication, user will be able to see the e-Voting option where the evoting is in progress and also able to directly access the system of all e-Voting Service Providers.
Individual Shareholders holding securities in demat mode withNSDL	1) If you are already registered for NSDL IDeAS facility, please visit the e- Services website of NSDL. Open web browser by typing the following URL: https://eservices.nsdl.com either on a Personal Computer or on a mobile. Once the home page of e-Services is launched, click on the “Beneficial Owner” icon under “Login” which is available under ‘IDeAS’ section. A new screen will open. You will have to enter your User ID and Password. After

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successful authentication, you will be able to see e-Voting services. Click on “Access to e-Voting” under e-Voting services and you will be able to see e- Voting page. Click on company name or e-Voting service provider name and you will be re-directed to e-Voting service provider website for casting your vote during the remote e-Voting period. 2) If the user is not registered for IDeAS e-Services, option to register is available at https://eservices.nsdl.com.Select “Register Online for IDeAS “Portal or click at https://eservices.nsdl.com/SecureWeb/ IdeasDirectReg.jsp 3) Visit the e-Voting website of NSDL. Open web browser by typing the following URL:https://www.evoting.nsdl.com/either on a Personal Computer or on a mobile. Once the home page of e-Voting system is launched, click on the icon “Login” which is available under ‘Shareholder/Member’ section. A new screen will open. You will have to enter your User ID (i.e. your sixteen digit demat account number hold with NSDL), Password/OTP and a Verification Code as shown on the screen. After successful authentication, you will be redirected to NSDL Depository site wherein you can see e-Voting page. Click on company name or e-Voting service provider name and you will be redirected to e-Voting service provider website for casting your vote during the remote e-Voting period.

Individual Shareholders (holding securities in demat mode) login through their Depository Participants

You can also login using the login credentials of your demat account through your Depository Participant registered with NSDL/CDSL for e-Voting facility. After Successful login, you will be able to see e-Voting option. Once you click on e-Voting option, you will be redirected to NSDL/CDSL Depository site after successful authentication, wherein you can see e-Voting feature. Click on company name or e-Voting service provider name and you will be redirected to e-Voting service provider website for casting your vote during the remote e-Voting period.

Important note: Members who are unable to retrieve User ID/ Password are advised to use Forget User ID and Forget Password option available at abovementioned website.

Helpdesk for Individual Shareholders holding securities in demat mode for any technical issues related to login through Depository i.e. CDSL and NSDL

Login type	Helpdesk details
Individual Shareholders holding securities in Demat mode withCDSL	Members facing any technical issue in login can contact CDSL helpdesk by sending a request at helpdesk.evoting @cdslindia.com or contact at toll free no. 1800 210 99 11
Individual Shareholders holding securities in Demat mode with NSDL	Members facing any technical issue in login can contact NSDL helpdesk by sending a request at evoting@nsdl.co.in or call at.: 022-48867000 and 022-24997000

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Step 2 : Access through CDSL e-Voting system in case of shareholders holding shares in physical mode and non-individual shareholders in demat mode.

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• (i) Login method for remote e-Voting for Physical shareholders and shareholders other than individual holding in Demat form.

• 1) The shareholders should log on to the e-voting website www.evotingindia.com.

• 2) Click on “Shareholders” module.

• 3) Now enter your User ID

• a. For CDSL: 16 digits beneficiary ID,

• b. For NSDL: 8 Character DP ID followed by 8 Digits Client ID,

• c. Shareholders holding shares in Physical Form should enter Folio Number registered with the Company.

• 4) Next enter the Image Verification as displayed and Click on Login.

• 5) If you are holding shares in demat form and had logged on to www.evotingindia.com and voted on an earlier e-voting of any company, then your existing password is to be used.

• 6) If you are a first-time user follow the steps given below:

	For Physical shareholders and other than individual shareholders holding shares in Demat
PAN	Enter your 10 digit alpha-numeric PAN issued by Income Tax Department (Applicable for both demat shareholders as well as physical shareholders) Shareholders who have not updated their PAN with the Company/Depository Participant are requested to use the sequence number sent by Company/RTA or contact Company/RTA.
Dividend Bank Details OR Date of Birth (DOB)	Enter the Dividend Bank Details or Date of Birth (in dd/mm/yyyy format) as recorded in your demat account or in the company records in order to login. If both the details are not recorded with the depository or company, please enter the member id / folio number in the Dividend Bank details field.

• (ii) After entering these details appropriately, click on “SUBMIT” tab.

• (iii) Shareholders holding shares in physical form will then directly reach the Company selection screen. However, shareholders holding shares in demat form will now reach ‘Password Creation’ menu wherein they are required to mandatorily enter their login password in the new password field. Kindly note that this password is to be also used by the demat holders for voting for resolutions of any other company on which they are eligible to vote, provided that company opts for e-voting through CDSL platform. It is strongly recommended not to share your password with any other person and take utmost care to keep your password confidential.

• (iv) For shareholders holding shares in physical form, the details can be used only for e-voting on the resolutions contained in this Notice.

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• (v) Click on the EVSN for the ASI Industries Limited on which you choose to vote.

• (vi) On the voting page, you will see “ RESOLUTION DESCRIPTION ” and against the same the option “YES/NO” for voting. Select the option YES or NO as desired. The option YES implies that you assent to the Resolution and option NO implies that you dissent to the Resolution.

• (vii) Click on the “ RESOLUTIONS FILE LINK ” if you wish to view the entire Resolution details.

• (viii) After selecting the resolution, you have decided to vote on, click on “SUBMIT”. A confirmation box will be displayed. If you wish to confirm your vote, click on “OK”, else to change your vote, click on “CANCEL” and accordingly modify your vote.

• (ix) Once you “ CONFIRM ” your vote on the resolution, you will not be allowed to modify your vote.

• (x) You can also take a print of the votes cast by clicking on “Click here to print” option on the Voting page.

• (xi) If a demat account holder has forgotten the login password then Enter the User ID and the image verification code and click on Forgot Password & enter the details as prompted by the system.

• (xii) There is also an optional provision to upload BR/POA if any uploaded, which will be made available to scrutinizer for verification.

(xiii) Additional Facility for Non – Individual Shareholders and Custodians –Remote Voting

• Non-Individual shareholders (i.e. other than Individuals, HUF, NRI etc.) and Custodians are required to log on to www.evotingindia.com and register themselves in the “Corporates” module.

• A scanned copy of the Registration Form bearing the stamp and sign of the entity should be emailed to helpdesk.evoting@cdslindia.com.

• After receiving the login details a Compliance User should be created using the admin login and password. The Compliance User would be able to link the account(s) for which they wish to vote on.

• The list of accounts linked in the login will be mapped automatically and can be delink in case of any wrong mapping.

• It is mandatory that, a scanned copy of the Board Resolution and Power of Attorney (POA) which they have issued in favour of the Custodian, if any, should be uploaded in PDF format in the system for the scrutinizer to verify the same.

• Alternatively Non Individual shareholders are required to send the relevant Board Resolution/ Authority letter etc. together with attested specimen signature of the duly authorized signatory who are authorized to vote, to the Scrutinizer and to the Company at the email address viz investors@asigroup.co.in (designated email address by company) , if they have voted from individual tab & not uploaded same in the CDSL e-voting system for the scrutinizer to verify the same.

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• It is strongly recommended not to share your password with any other person and take utmost care to keep your password confidential. Login to the e-voting website will be disabled upon five unsuccessful attempts to key in the correct password. In such an event, you will need to go through the “Forgot User Details/Password?” or “Physical User Reset Password?” option to reset the password.

• If you have any queries or issues regarding e-voting from the CDSL e-Voting System, you can write an email to helpdesk.evoting@cdslindia.com or contact at toll free no. 1800 210 9911.

• All grievances connected with the facility for voting by electronic means may be addressed to Mr. Rakesh Dalvi, Sr. Manager, Central Depository Services (India) Limited, A Wing, 25th Floor, Marathon Futurex, Mafatlal Mill Compounds, N M Joshi Marg, Lower Parel (East), Mumbai - 400013 or send an email to helpdesk.evoting@cdslindia.com or call toll free no. 1800 210 9911. .

• You can also update your mobile number and email id in the user profile details of the folio which may be used for sending future communication(s).

By Order of the Board of Directors

Sd/- Manish P. Kakrai Company Secretary and Compliance Officer Mumbai, 28 January, 2026

Registered Office:

Marathon Innova, A Wing, 7th Floor, Off G.K. Marg, Lower Parel, Mumbai-13 Website: www.asigroup.co.in, E-mail: cs@asigroup.co.in

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