ASTRAL LIMITED — M&A Activity 2025

Nov 5, 2025

5[th ] November 2025

To, BSE Limited Phiroze Jeejeebhoy Towers Dalal Street Mumbai – 400 001

To,

National Stock Exchange of India Limited Exchange Plaza, C-1, Block G Bandra Kurla Complex, Bandra (East) Mumbai – 400 051

Scrip Code: 532830 Scrip Symbol: ASTRAL

Sub.: Intimation under Regulation 30 of Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015 – Update on Acquisition

Dear Sir/Madam,

With reference to above subject and intimation dated 11[th] August 2025, regarding acquisition of 80% equity stake of NEXELON CHEM PRIVATE LIMITED (“ NEXELON” ).

In continuation of our aforesaid announcements and pursuant to provisions of Regulation 30 of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015 we would like to inform you that the Company has entered into Share Purchase Agreement with the existing promoters and shareholders of the Nexelon and completed the acquisition of 80% equity shares of Nexelon on 5[th] November 2025. Pursuant to the said acquisition, the Nexelon become Subsidiary of the Company.

The details with respect to the said acquisition as required under Regulation 30 read with Schedule III thereto and the SEBI Circular No. SEBI/HO/CFD/CFDPoD1/P/CIR/2023/123 dated July 13, 2023) was already duly submitted as Annexure A to intimation dated 11[th] August 2025.

Kindly take the same on your record.

Thanking you,

Yours faithfully, For Astral Limited

CHINTANKUM Digitally signed by AR CHINTANKUMAR MAHENDRABHAI PATEL MAHENDRABH Date: 2025.11.05 AI PATEL 18:58:42 +05'30' Chintankumar Patel Company Secretary Membership No.: A29326