This is to inform you that the Board of Directors of the Alan Scott Enterprises Limited ('the Company') at its meeting held today i.e. Wednesday, June 24, 2026, has approved the following matters: \r\n1. Approval of draft Letter of Offer and appointment of intermediaries in connection therewith as with respect to the proposed Right Issue of the Company as disclosed in the outcome of Board Meeting held on May 27, 2026.\r\n2. Re-appointment of. Mr. Sureshkumar Jain (DIN: 00048463) as Managing Director, who shall hold office up for a further term of 5 years with effect from June 24, 2026, till June 23, 2031, subject to the approval of the members of the Company and such other approvals as may be required under applicable laws.