Change in Director / Key Managerial Personnel

Nature of change: Appointment of Senior Management Personnel - Head of Purchase Department

Name and details: Mr. Vinod Chandak is appointed as Head of Purchase Department. The appointment is effective from October 1, 2026, with full-time employment terms.

Brief profile and qualifications: Mr. Vinod Chandak holds a BE Mechanical degree from Amravati University with 26 years of professional experience. He has previously worked as Head of Purchase for CIE and has also worked with Autoline Industries, Gestamp, JBM, TATA AutoComp, and Kalyani Maxicon. His core competencies include strategic sourcing, supplier management, and contract management.

Regulatory compliance: The appointment is made pursuant to Section 178 of the Companies Act 2023 and Regulation 19 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. All required disclosures under Regulation 30 read with Schedule III of SEBI Listing Regulations and SEBI Circular No. SEBI/HO/49/14/14(7)2025-CFD-POD2/I/3762/2026 dated January 30, 2026 have been provided.

Relationship with other directors: Not applicable as this is a senior management appointment, not a directorship.

Scrip Symbol / Code: BSE: 520119, NSE: ASAL

Date: October 01, 2026