ASTRAL LIMITED — AGM Information 2025

Aug 25, 2025

25[th] August, 2025

To To BSE Limited National Stock Exchange of India Limited Phiroze Jeejeebhoy Towers Exchange Plaza, C-1, Block G Bandra Kurla Dalal Street Complex, Bandra (East) Mumbai – 400 001 Mumbai – 400 051

Scrip Code: 532830 Symbol: ASTRAL

Subject: Proceedings of the 29[th] Annual General Meeting of the Company held on Monday, 25[th] August, 2025

Dear Sir/Madam,

Pursuant to the Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 (“SEBI LODR Regulations”) read with part A of Schedule III of SEBI LODR Regulations, we hereby submit proceedings of 29[th] Annual General Meeting of the Company held on 25[th] August, 2025 as under:

• The 29[th] Annual General Meeting (AGM) of the members of Astral Limited was held on Monday, 25[th] August, 2025, at 11.00 a.m. through Video Conferencing (VC)/Other Audio-Visual Means (OAVM). The meeting was held in compliance with circulars issued by the Ministry of Corporate Affairs and Securities and Exchange Board of India.

• Mr. Sandeep Engineer, the Chairman and Managing Director of the Company chaired the meeting.

• The Chairman, after ascertaining the quorum, called the Meeting to Order.

• The Chairman welcomed the Shareholders and introduced the Directors and Key Managerial Personnel present.

• The Chairman informed that the Annual report of the Company together with Notice conveying the 29[th] Annual General Meeting were delivered via e-mail to the Members in compliance with circulars issued by the Ministry of Corporate Affairs and Securities and Exchange Board of India. With the permission of the Shareholders present, the Notice and Auditor’s Report were taken as read.

• The Chairman then addressed the Shareholders and apprised the Shareholders on the Performance of the Company during the Financial Year ended March 31, 2025.

• The Chairman informed the members that pursuant to provisions of Section 108 of the Companies Act, 2013 read with Rule 20 of the Companies (Management and Administration) Rules, 2014, Company had provided opportunity to all members for casting their votes electronically in respect of the businesses to be transacted at the Annual General Meeting. E-voting commenced at 9.00 a.m. on 22[nd] August, 2025 and ended at 5.00 p.m. on 24[th] August, 2025.

• The Chairman further informed the Members that the facility for voting through e-voting system was also made available during the AGM for Members, who had not cast their vote prior to the Meeting.

• On the invitation of the Chairman, Member who had previously registered as speaker asked queries and the same was replied by Chairman and Managing Director/Chief Financial Officer.

Thereafter, following items of businesses as set out in Notice convening 29[th] Annual General Meeting were recommended for members’ consideration and approval:

Ordinary Business:

1. Ordinary Resolution for adoption of Audited Financial Statements including Consolidated Financial Statements for the financial year ended 31[st] March, 2025 and Reports of Directors and Auditors thereon.

2. Ordinary Resolution to confirm the Interim Dividend declared by the Board of Directors and to declare Final Dividend on equity shares for the financial year ended on March 31, 2025.

3. Ordinary Resolution for re-appointment of Mr. Kairav Engineer (DIN: 03383621), a director retiring by rotation.

Special Business:

1. Ordinary Resolution for re-appointment of Mr. Girish Joshi (DIN: 09222943) as Whole Time Director of the Company.

2. Ordinary Resolution for ratification of the remuneration of Cost Auditors for the financial year ended March 31, 2026.

3. Ordinary Resolution for appointment of Mrs. Monica Kanuga as Secretarial Auditor of the company for a term of five years.

4. Special Resolution for appointment of Mr. Rajendra Mariwala (DIN:00007246), as an Independent Director of the company.

5. Special Resolution for appointment of Mrs. Tanvi Rangwala (DIN:07964348), as an Independent Director of the company.

6. CS Monica Kanuga, Practicing Company Secretary (Membership No.: FCS 3868; CP No: 2125) was appointed as Scrutinizer by Board to conduct the E- voting in a fair and transparent manner.

7. The detailed voting results in the format prescribed under Regulation 44 (3) of SEBI LODR Regulations will be submitted separately.

The Annual General Meeting commenced at 11:00 A.M. and concluded at 11:55 A.M.

Kindly take the same on your record.

Thanking you,

Yours faithfully, For Astral Limited

CHINTANKUMAR Digitally signed by CHINTANKUMAR MAHENDRABHA MAHENDRABHAI PATEL I PATEL Date: 2025.08.25 13:54:17 +05'30' Chintankumar Patel Company Secretary Membership No.: A29326