AAKASH EXPLORATION SERVICES LIMITED : PROMOTER INTER SE TRANSFER OF 7.19% EQUITY SHARES

• Transaction is an inter se transfer of equity shares between existing promoters. • Shares (72,77,950) acquired by Mr. Navinchandra Vershibhai Haria as a gift. • Acquired shares represent 7.19% of the diluted share capital of Aakash Exploration Services Limited. • No change in the overall promoter group shareholding or control over the Target Company. • Disclosure made 4 working days prior to the transaction, as required by Regulation 10(5). Impact: Neutral (Internal restructuring of promoter shareholding)

Aakash Exploration Services Limited

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