Disclosure under Regulation 10(5) of SEBI (SAST) Regulations 2011 as received from Mr. Deepak Jatia on behalf of Acquirer(s).

ASI Industries has informed the stock exchange about a proposed inter-se transfer of 2,75,02,779 equity shares (30.53% of paid-up capital) within the promoter group. The shares are being moved out of Deepak Jatia (HUF) — which is being dissolved — and distributed to its four members: Deepak Jatia (2,74,99,779 shares), Tushya Jatia (1,000), Anita Jatia (1,000) and Prerna Agarwal (1,000). No money changes hands as this is an inheritance/partition arrangement following the HUF's dissolution, and the transaction is exempt from an open offer under Regulation 10(1)(a)(ii). The combined promoter group holding stays the same before and after the transfer. Post-transfer, Deepak Jatia personally will hold around 34.98% of the company (up from 4.45%), while the HUF's 30.53% stake will fall to zero. The transfer is expected to be completed on 16 June 2025.