Aaa Technologies Limited — Important, 11-12-2025: Disclosure of material issue

AAA Technologies faces a significant leadership change as Mr. Anjay Agarwal, Chairman & Managing Director, and Ms. Ruchi Agarwal, Director, have resigned.

**The Issue:** Both leaders have stepped down, effective December 11, 2025, stating a desire to focus on social and philanthropic work. They confirmed no other material reasons for their departure. Notably, neither held any shares in the company or directorships in other listed entities.

**Possible Impact:** This creates a leadership vacuum, particularly with the Chairman & MD resigning. While the stated reason is personal and non-contentious, investors will be watching for clarity on succession plans and how the company will maintain strategic direction without these key figures.

**Company's Response:** The company acknowledged the resignations and stated that the departing directors are committed to ensuring a smooth and orderly transition, offering full support for the handover process. Details on new appointments or a formal succession strategy are pending.