Change in Director / Key Managerial Personnel

Nature of change: Appointment of Senior Management Personnel

Name and DIN of the individual: Mr. Krishan Swaroop Malik (DIN not provided in disclosure)

Effective date and tenure: Appointment effective from October 12, 2026. Term of appointment is full-time employment as per the policy of the Company.

Brief profile and relevant qualifications: Mr. Krishan Swaroop Malik is a Mechanical Engineer with approximately 35 years of experience in the automobile and allied industries. He has held senior positions in reputed organizations including Honda Group (over 19 years), Escorts Limited, Delphi, Lumax-GHSP, Mahindra Two Wheelers, and Revent Engineering. His expertise includes business development, operations management, manufacturing excellence, technology integration, strategic planning, and profitability improvement. He holds a B.E. in Mechanical Engineering from Gogte Institute of Technology, Belgaum, and a PG Diploma in Business Administration (Marketing) from YMCA, New Delhi.

Confirmation of eligibility: The disclosure confirms the appointment was made on the recommendation of the Nomination and Remuneration Committee and approved by the Board of Directors, indicating compliance with SEBI/BSE/NSE norms.

Relationship with other directors: Not Applicable (as specified in the annexure)

Previous KMP: The disclosure does not specify who held the position earlier or what happened to their tenure.

Key Financial or Operational Approvals

This section does not apply to this disclosure as it solely concerns a management appointment without financial approvals.

Strategic or Business Context

This section does not apply to this disclosure as no strategic or business context was provided beyond the appointment details.

Any Other Material Information

The disclosure was made pursuant to Regulation 30 read with Schedule III of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, referencing SEBI Master Circular No. HO/49/14/14(7)2025-CFD-POD2/I/3762/2026 dated January 30, 2026.

The company's Compliance Officer, Rajani Sharma (Company Secretary, Membership No.: 14391), signed and submitted the disclosure to both BSE Limited (Scrip Code: 544022, ISIN: INE491J01022) and National Stock Exchange of India Limited (Symbol: ASKAUTOLTD, ISIN: INE491J01022).