ASIANENE

NCLT Mumbai Bench has pronounced an order on September 29, 2026, sanctioning the Scheme of Merger by Absorption of Oilmax Energy Private Limited (Transferor Company) with Asian Energy Services Limited (Transferee Company). - Share Exchange Ratio: 117 fully paid-up equity shares of ₹10/- each of the Transferee Company will be issued for every 10 fully paid-up equity shares of ₹10/- each of the Transferor Company. - The merger aims to combine complementary strengths in oil & gas exploration, production, and upstream services, bringing operational efficiencies, cost synergies, and a simplified group structure.

Concall Schedule Concall Date: Monday, 28th September, 2026 Concall Time: Not specified (Physical meeting at Mumbai for PL Capital’s – Mid & Small Cap Conference 2026)