Aaa Technologies Limited has informed the Exchange regarding 'DISCLOSURE OF MATERIAL EVENT UNDER REGULATION 30 OF SEBI (LISTING OBLIGATION AND DISCLOSURE REQUIREMENTS) REGULATIONS 2015'.

In compliance with Regulation 30 of Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015 ('Listing Regulations'), we hereby inform you that Mr Anil Joseph (DIN: 08753233) has resigned as the Managing Director and Director from the Board of the Company effective January 31, 2022 due to personal reasons. The Board has accepted his resignation effective the said date. Additional details required pursuant to Listing Regulations read with SEBI Circular No. CIR/CFD/CMD/412015 dated September 9, 2015 is enclosed as Annexure A. This is for your information and records.

This is to inform you that the Compensation Committee ("Committee'''') of the Board of Directors of the Company at its meeting held on 21st January, 2022 has allotted 3,10,000 (Three Lakh Ten Thousand Only) equity shares of face value of Rs. 2/- (Rupees Two Only) each ('Shares'''') of the Company under its 'Accel Limited - Employee Stock Purchase Scheme 2021" ("Accel - ESPS 2021"/ 'Scheme") to the eligible grantees, pursuant to exercise of ESPS offered thereunder.

Increase in Authorised Capital & Stock Split Inter alia, approved: 1. Sub-division of face value of Equity Shares ofthe Company from 10/--each to Re.1/- each; 2, Increase in Authorised Share Capital of the Company up to Rs.35.00,OO,OOO (Rupees Thirty Five Crores) and consequential amendment in Memorandum of Association ofthe Company; 3. Alteration in Cla use V of Memorandum & adoption of restated new set of Articles of Association in line with Companies Act, 2013; 4. To raise further Capital by way of Rights Issue, not exceeding Rs.30 Crores (Rupees Thirty Crores) in terms of the provisions of Companies Act, SEBi Regulations and applicable provisions; 5. Re-designating Mr. Piyush Saraf as whole time director and appointment as WTD and Chief Financial Officer ofthe Company; 6. . Appointment of Ms. Rajeswari Bangal, (DIN: 09440356) as Non-Executive, Independent Director for the first term of 5 years on the Board ofCompany; Ms. Bangal has confirmed that she is not disqualified from being appointed as Director and not debarred by Securities and Exchange Board oflndia or any other authorities from accessing the securities market.

This is in regards to the captioned Buyback and is further to our letter dated 5th January 2022 whereby we had submitted the Draft Letter of Offer. The Company is undertaking the Buyback in accordance with the Securities and Exchange Board of India (Buy-Back of Securities) Regulations, 2018, as amended (the 'Buyback Regulations') and the Companies Act, 2013, as amended. Please find enclosed the soft copy (in pdf version) of the letter of offer dated 19th January 2022 of the Company in relation to the Buyback Offer ('Letter of Offer') for your information and records. The Buy-back offer will open on Thursday, February 03, 2022 and will close on Wednesday, February 16, 2022. All terms used herein and not specifically defined shall have the same meaning as ascribed to such terms under the Letter of Offer.