In compliance with Regulation 30 of SEBI Listing Regulations, read with SEBI Master Circular no. HO/49/14/14(7)2025-CFD-POD2/I/3762/2026 dated January 30, 2026, this is to inform you that the Board of Directors of the Company, at its meeting held today, basis the recommendations of the Audit Committee and Independent Directors, has approved a scheme of arrangement ('Scheme') amongst Maharashtra Seamless Limited ('Demerged Company'/ 'MSL'), MSL Seamless Tubes Limited ('Resulting Company 1'/'MSTL') and United Seamless Limited ('Resulting Company 2'/'USL') together called as 'Resulting Companies' (wholly owned subsidiaries of MSL) and their respective shareholders and creditors ('Scheme') with an Appointed Date of 01st October 2026 in compliance with the provisions of Sections 230 to 232 read with other applicable sections/ provisions, if any, of the Companies Act, 2013 and the rules framed thereunder and further subject to the requisite approvals and sanction of the jurisdictional bench of National Company Law Tribunal ('NCLT') and also subject to the approval of the shareholders and / or creditors of MSL, Central Government, or such other competent authority or intermediaries or agencies etc., as may be directed by the NCLT

In compliance with Regulation 30 of SEBI Listing Regulations, read with SEBI Master Circular no. HO/49/14/14(7)2025-CFD-POD2/I/3762/2026 dated January 30, 2026, this is to inform you that the Board of Directors of the Company, at its meeting held today, basis the recommendations of the Audit Committee and Independent Directors, has approved a scheme of arrangement ('Scheme') amongst Maharashtra Seamless Limited ('Demerged Company'/ 'MSL'), MSL Seamless Tubes Limited ('Resulting Company 1'/'MSTL') and United Seamless Limited ('Resulting Company 2'/'USL') together called as 'Resulting Companies' (wholly owned subsidiaries of MSL) and their respective shareholders and creditors ('Scheme') with an Appointed Date of 01st October 2026 in compliance with the provisions of Sections 230 to 232 read with other applicable sections/ provisions, if any, of the Companies Act, 2013 and the rules framed thereunder and further subject to the requisite approvals and sanction of the jurisdictional bench of National Company Law Tribunal ('NCLT') and also subject to the approval of the shareholders and / or creditors of MSL, Central Government, or such other competent authority or intermediaries or agencies etc., as may be directed by the NCLT

Sale and transfer of the Company’s Lending Services Provider Business (LSP business) forming part of financial services business, on slump sale basis to MobiKwik Distribution Services Private Limited (formerly known as MobiKwik Credit Private Limited) (MDSPL), a wholly owned subsidiary of the Company.

Proposal to enter into a collaboration with Virtual Gain Technologies Private Limited, a company incorporated and registered under the Companies Act, 2013, with corporate identification number U74999PN2017PTC170913, having its registered office at Unit No - 218, 10 Biz Park, Sr No - 227/A/l to 17, PLO, Viman Nagar, Pune, Maharashtra, India, 411014 ('Virtual'), to enable Rose Merc Limited ('Rose Merc') to establish, develop and operate a fintech business division of Rose Merc subject to the receipt of the authorisations, consents and approvals from its shareholders and the concerned Governmental/regulatory authorities in India ('Collaboration') on terms and conditions to be recorded in a collaboration agreement to be executed between the parties

Asit C Mehta Financial Services Ltd - 530723 - Board Meeting Outcome for Outcome Of The Board Meeting Pursuant To Regulation 30 Of SEBI (LODR) Regulations, 2015 This is to inform that the Board of Directors of the Company at its meeting held today i.e. May 14, 2026 inter alia considered and approved sale of Mutual Fund Distribution business of its material Subsidiary Company Asit C. Mehta Investment Interrmediates Limited ('ACMIIL') to Wealth Company Private Limited ('WCPL'), through a slump sale for an aggregate cash consideration of ? 6.59 crore. The completion of sale of Mutual Fund Distribution business of ACMIIL shall be subject to the terms and conditions mutually agreed between the parties. This transaction is aimed to improve net worth of the material subsidiary, reduce exposure to product/business that are below breakeven and to strengthen strategic focus on the core business operations of the material subsidiary company.