GOYALASS : BOARD APPROVES RIGHTS ISSUE WORTH UP TO RS 70 CR

• Board approved issue of fully paid equity shares of face value ₹1 each on a rights basis for an amount not exceeding 7000 lakh (₹700 Cr) • Annexure to the same filing states issue size not exceeding ₹70 Cr, a disclosure gap that needs clarification • Draft Letter of Offer to be filed with SEBI and stock exchanges; Rights Issue Committee constituted and intermediaries appointed • Rights issue only to eligible equity shareholders as on record date, which will be intimated separately • CFO Munige Radhika resigned w.e.f. 24 October 2026; Ajay Solanki appointed CFO on additional-charge basis from 25 October 2026 • Director Vuppala Naga Malleswara Rao resigned w.e.f. 16 October 2026

Goyal Associates Ltd

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