With reference to captioned subject, it is being informed that the 65th Annual General Meeting ("AGM" ) of the Company is scheduled to be held on Wednesday, September 23, 2026, at 04.00 ....

To, September 01, 2026 BSE Limited The Corporate Relationship Department, 1st Floor, New Trading Ring, Rotunda Building, P.J. Towers, Dalai Street, Mumbai- 400 001 Scrip Code: 507944 Subject: Notice of 65th Annual General Meeting Annual Report of FY 2025-26 With reference to captioned subject, it is being informed that the 65th Annual General Meeting (“AGM”) of the Company is scheduled to be held on Wednesday, September 23, 2026, at 04.00 P.M. (IST) at Udyam Hall, Udyog Bhawan, Civil Lines, Nagpur - 440 001 (Maharashtra) to transact the businesses as set out in the Notice of AGM dated August 10, 2026 The Annual Report of FY 2025-26 and the Notice convening 65th AGM and other documents required to be attached thereto, will be sent in electronic mode to all the Members of the Company whose email addresses are registered with the Company / Company's Registrar & Share Transfer Agent and the Depository Participant(s), since the requirement of sending Annual Report and Notice of AGM in physical mode has been temporarily relaxed by the Authorities. Further, in terms of Regulation 34 (1) of SEBI Listing Regulations, 2015,the said Annual Report of the Company together with Notice convening AGM are being made available on the Company's website and the same may be downloaded by visiting the website at For Bajaj Steel Industries Limited Rachit Jain Company Secretary CC to: 1. National Securities Depository Limited 2. Central Depository Services (India) Limited 3. Adroit Corporate Services (P) Limited 3rd Floor, Naman Chamber, Plot C-32, G-Block, Marathon Futurex, A-Wing, 25th Floor, NM 1st Floor, 18/20 Jaferbhoy Industrial Joshi Marg, Lower Parel, Mumbai 400 013 Estate, Makwana Road, Marol Naka, Bandra Kurla Complex, Bandra East, Mumbai – 400 059, Maharashtra, India Mumbai, Maharashtra - 400 051 Contents Diversified Today. CORPORATE OVERVIEW 02 Bajaj Steel at a Glance Stronger Tomorrow. 04 Business Verticals 08 Presence 10 Manufacturing & Engineering Excellence Our evolution from a cotton ginning machinery specialist to a diversified, 12 Trusted Engineering Partner Across Diverse Industries multi-product engineering enterprise reflects a strategic journey of 14 Chairman and MD’s Message capability building and sustainable growth. By expanding our presence 16 Key Performance Indicators across Infrastructure, Electrical Panels, Heavy Engineering and other 18 Industry Performance & Growth engineering segments, we are building a balanced business portfolio Opportunity 20 Building the Next Phase of Growth aligned with India’s evolving industrial opportunities. 21 People 22 Board of Directors This diversification strengthens our business resilience, reduces STATUTORY REPORTS dependence on a single market cycle and enhances our ability to serve 26 Management Discussion and Analysis a wide range of industries. Backed by deep engineering expertise, 37 Director’s Report advanced manufacturing capabilities, technology partnerships and a 54 Corporate Governance Report skilled workforce, we are building a future-ready platform for long-term FINANCIAL STATEMENTS value creation. 70 Standalone 114 Consolidated During FY26, our Infrastructure business emerged as a key growth 154 Notice driver, while our other diversified businesses continued to expand their 2025-26 highlights contribution. The year also presented near-term challenges, including delays in order conversion, dispatches and global trade volatility, which 524 impacted overall performance. Our Cotton Ginning Machinery business ₹ crore witnessed subdued export demand amid market uncertainties, although Revenue domestic demand remained encouraging. ₹ crore With improving market conditions, stronger execution capabilities and EBITDA a robust order pipeline, we are well positioned for the next phase of growth. As of March 31, 2026, our order book stood at ₹587 crore, providing a strong foundation for future expansion. ₹ crore Profit After Tax (PAT) Today, as a diversified engineering enterprise, we continue to strengthen Long-term our foundation for tomorrow through innovation, execution excellence CRISIL A / Stable and strategic expansion. Credit Rating Short-term CRISIL A1 Credit Rating 02 - 25 26 - 69 70 - 153 Corporate Overview Statutory Reports Financial Statements Bajaj Steel at a Glance With a legacy spanning over six decades, we have evolved from a pioneer in Key Strengths cotton ginning machinery into a diversified, multiproduct engineering enterprise catering to diverse industrial needs. Our portfolio today spans infrastructure Legacy & Industry Leadership Manufacturing Excellence solutions, including PEBs, electrical panels, heavy engineering, and specialised • Over 64 years of engineering excellence • Established 14 manufacturing facilities products, creating multiple growth opportunities. with a strong legacy in manufacturing with over 10 lakh sq. ft. of built-up area • Recognised as a global leader in cotton • Integrated manufacturing capabilities ginning machinery across five divisions Our global presence, advanced manufacturing capabilities, technology partnerships, and skilled • Successfully expanded into diversified • Strong engineering and production workforce have been instrumental in driving this transformation. While we continue to strengthen our business segments expertise supporting multiple leadership in cotton ginning machinery, our expanding portfolio reflects our strategic focus on building a product categories • Listed on the BSE since 1986 resilient, future-ready business with multiple engines of growth. Skilled Workforce & Engineering Technology-Driven & Quality- Capabilities Focused • Strong workforce of 2,000+ employees • Technical collaboration with Circot (ICAR) since 2011 • Dedicated team of 200+ design and detailing professionals • Channel partner for global technology Key facts leaders including Schneider Electric, ABB, • In-house engineering capabilities enabling and Mitsubishi customised solutions and innovation • Focused on delivering reliable, technology- 65 14 enabled, and quality-certified solutions Global Presence & Market Reach Years of legacy Manufacturing facilities • Products supplied to 3,000+ cotton ginning plants worldwide • Presence across 60+ countries through 2,000 60 exports and subsidiaries + +countries • International footprint supported by subsidiaries in the USA, and Brazil Workforce Presence Global Recognition and Industry Leadership Collaboration Central Institute For Research Central Building Research Artu K System Certificate On Cotton Technology Institute, Roorkee Integrator Certificate Of Compliance Central Power Underwriters Laboratories ISO 9001:2015 | ISO 14001:2015 Collaboration Fabricator/ Research Institute ISO 45001:2018 Development Partner Bajaj Steel Industries Limited Annual Report 2025-26 02 03 02 - 25 26 - 69 70 - 153 Corporate Overview Statutory Reports Financial Statements Business Verticals Leveraging decades of engineering expertise, advanced manufacturing COTTON PROCESSING MACHINERY DIVISION capabilities, and global partnerships, we continue to diversify across high-potential Core Strength industrial segments while strengthening our leadership in core businesses. A global leader in cotton ginning technology, we are the only manufacturer offering all four major ginning technologies — Single Roller, Double Roller, Saw Ginning, and Roto-Bar Ginning — reflecting unmatched expertise across the entire cotton processing value chain. Scale & Reach • Supplied over 3,000+ cotton ginning plants across global markets • Developed custom-engineered machines with capacities of up to 200 bales per hour, among the highest in the industry • Leading supplier of IMPCO Delinting Equipment and Systems, recognised for robust design, advanced Net Revenue (₹ in Crore) engineering, and operational efficiency FY 2025-26 151 158 309 Innovation Edge FY 2024-25 128 257 385 Strategic technology collaboration with CIRCOT-ICAR FY 2024-24 116 277 393 (Government of Ind [Showing first 8,000 characters — download PDF for full document]