Shareholders meeting

[Type here] Date: 01.09.2026 Department of Corporate Service, Manager, BSE Limited Listing Department, Phiroze Jeejeebhoy Tower, National Stock Exchange of India Limited Dalal Street, Exchange Plaza, Plot No C/1, G-Block, Mumbai – 400001 Bandra – Kurla Complex, Bandra (E), Mumbai – 400051 BSE Scrip Code: 532604 NSE Symbol – SALSTEEL Dear Sir(s), Sub.: Intimation – Notice of the 23rd Annual General Meeting of the Company Pursuant to Regulation 30 of Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements), Regulations 2015, we wish to inform that the 23rd Annual General Meeting (“23rd AGM”) is scheduled to be held on Friday, September 25, 2026 at 12:30 P.M. IST through Video Conference (“VC”)/ Other Audio Visual Means (“OAVM”) in accordance with the relevant circulars issued by Ministry of Corporate Affairs (“MCA”) and Securities and Exchange Board of India (“SEBI”), the notice for the same is enclosed herewith. The timelines for the 23rd AGM of the Company is as set out below: Day, Date & Time of the AGM Friday, September 25, 2026 at 12:30 P.M. Mode VC/OAVM Cut Off Date for Voting Rights September 18, 2026 Remote e-Voting Start Date and Time Tuesday, September 22, 2026 09:00 A.M. Remote e-Voting End Date and Time Thursday, September 24, 2026 05:00 P.M. The Notice of the 23rd AGM and Annual Report for the Financial Year 2025-26 will be circulated to Stock Exchanges and the Members through electronic mode and will also be available on the Company's website - www.salsteel.co.in. You are requested to take the same on record and acknowledge the receipt of the same. Thanking You. Yours faithfully, For & on behalf of SAL Steel Limited Devilal J Shah Company Secretary & Compliance Officer ICSI Mem. No. – A58287 Encl.: As mentioned above NOTICE NOTICE is hereby given that the 23rd Annual General Meeting of the members of S.A.L. STEEL LIMITED will be held on Friday, September 25, 2026 at 12:30 P.M. IST through Video Conferencing (“VC”) /Other Audio-Visual Means (“OAVM”) to transact the following businesses: ORDINARY BUSINESS: 1. To receive, consider and adopt the Audited Financial Statements of the Company for the financial year ended 31st March, 2026, together with the Reports of the Board of Directors and the Auditors thereon and, in this regard, to consider and if thought fit, to pass the following resolution as an Ordinary Resolution: “RESOLVED THAT the Audited Standalone Financial Statements of the Company for the financial year ended 31st March, 2026, together with the Reports of the Board of Directors and Auditors thereon, as circulated to the Members be and are hereby received, considered and adopted.” 2. To appoint Shri Mahesh Kumar Agarwal (DIN: 00168517) , who retires by rotation as a Director and being eligible, offers himself for re-appointment, and in this regard, to consider and if thought fit, to pass the following resolution as an Ordinary Resolution: “RESOLVED THAT in accordance with the provisions of Section 152 and other applicable provisions of the Companies Act, 2013 (including any statutory modification(s) or re-enactment(s) thereof, for the time being in force), and based on the recommendation of the Nomination and Remuneration Committee, Shri Mahesh Kumar Agarwal (DIN: 00168517), who retires by rotation as a Director at this 23rd Annual General Meeting, and being eligible, offers himself for re-appointment, be and is hereby re-appointed as a Director of the Company, who shall be liable to retire by rotation.” SPECIAL BUSINESS: 3. To ratify the remuneration payable to, Cost Auditors of the Company for the financial year ending 31st March, 2027 To consider and if thought fit, to pass, with or without modification(s), following resolution as an Ordinary Resolution: “RESOLVED THAT pursuant to the provisions of Section 148(3) and rule 6(2) of the Companies (Cost Records and Audit Rules) 2014 and other applicable provision of the Companies Act, 2013 read with rules made thereunder if any (Including any statutory modification(s) or re-enactment thereof for the time being in force), M/s. Ashish Bhavsar & Associates, Cost Accountants (ICAI Registration No.: 22464) appointed by the Board on the recommendation of the Audit Committee of the Company to conduct the audit of the cost records of the Company for the financial year ending 31st March, 2027 at such remuneration as may be mutually agreed between the Cost Auditor and Board of Directors of the company and out of pocket expenses that may be incurred during the course of audit.” 4. To approve regularization of Mrs. Monika Goyal (DIN: 11881952), as an additional director in the capacity of non-executive independent Woman director, To consider and if thought fit, to pass the following resolution as Special Resolution: “RESOLVED THAT in pursuant to the provisions of Section 149, 152, 160 read with Schedule IV and other applicable provisions of the Companies Act, 2013 and the Companies (Appointment and Qualification of Directors) Rules, 2014 (including any statutory modification(s) or re-enactment(s) thereof, for the time being in force), Mrs. Monika Goyal (DIN: 11881952), who was appointed as an additional director in the capacity of Non- Executive Independent Woman Director by the Board of Directors of the company w.e.f 14.08.2026 and who hold office up to the date of this Annual General Meeting or within a time period of 3 Months from the date of appointment, whichever is earlier, and in respect of whom the company has received a notice in writing under section 160 of the Companies Act, 2013 from a member proposing her candidature for the office of Director, be and hereby appointed as Non-Executive Independent Woman Director of the company, not liable to retired by rotation to hold office for a term of 5 (Five) consecutive years w.e.f. August 14, 2026. .” “RESOLVED FURTHER THAT pursuant to the provisions of Sections 149, 197, Schedule V, and other applicable provisions of the Act and the Rules made thereunder, Mrs. Monika Goyal in addition to sitting fees for attending the meeting of the Board & Its Committee would be entitled to be paid remuneration by way commission as the Board of Directors of the Company may decide and approve from time to time and subject to such limits, prescribed or as may be prescribed from time to time; 2 S.A.L. STEEL LIMITED “RESOLVED FURTHER THAT for the purpose of giving effect to this resolution, any of the Directors and the Company Secretary of the Company, for the time being and from time-to-time, be and are hereby severally authorized on behalf of the Company, to do all such acts, deeds, matters and things as may be deemed necessary, proper or expedient and to sign and execute all necessary documents, applications and returns including filing of e-form or such other forms and documents and submitting necessary information as may be required to the stock-exchanges, depositories, the Registrar of Companies, Gujarat and such other authorities as may be required from time to time.” By order of the Board of Directors For SAL Steel Limited Sd/- Devilal J Shah Place : Ahmedabad, Gujarat Company Secretary & Compliance Officer Date : August 14,2026 ICSI Mem. No: A58287 Registered Office: 604, Near Avalon Hotel, Sindubhawan Road, Bodakdev, Ahmedabad-380059 CIN: L29199GJ2003PLC043148 NOTES 1. The Ministry of Corporate Affairs (MCA), vide its General Circular No. 20/2020 dated 5th May, 2020, General Circular No. 02/2022 dated 5th May, 2022 and vide its new General Circular No. 10/2022 dated 28th December, 2022; read with General Circular No. 14/2020 dated 8th April, 2020 and General Circular No. 17/2020 dated 13th April, 2020 (collectively referred to as “MCA Circulars”) and other Circular No. SEBI/HO/CFD/ CMD1/CIR/P/2020/79 dated 12th May, 2020 issued by the Securities and Exchange Board of India (SEBI) read with circular no. SEBI/HO/CFD/CMD2/CIR/P/2021/11 dated 15th January, 2021, Circular No. SEBI/HO/CFD/ CMD2/ CIR/P/2022/62 dated 13th [Showing first 8,000 characters — download PDF for full document]