Approval for adoption of the new set of Memorandum of Association of the Company

RSPL/BSE/2026-27/ Date: 01.09.2026 BSE Limited Phiroze, Jeejeebhoy Towers, Dalal Street, Mumbai-400001 Maharashtra Scrip Code: 504903 Dear Sir, Subject: Outcome of Board Meeting pursuant to Regulation 30 read with Schedule III of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 (“Listing Regulations”) Pursuant to Regulation 30 of the Listing Regulations read with Para A Part A of Schedule III thereto, we hereby inform you that the Board of Directors in its meeting held today i.e., September 1, 2026, has, inter alia: 1) On recommendation of the Audit Committee of the Board, approved the appointment of M/s R. M. Bansal & Co., Practicing Cost and Management Accountants (Firm Registration No. 000022) as the Cost Auditor of the Company for the Financial Year 2026-27. 2) On recommendation of the Audit Committee of the Board, approved the appointment of M/s. DIT & Company (Firm Registration Number:015421C), Chartered Accountants as the Internal Auditor of the Company for the Financial Year 2026-27. 3) Subject to the approval of shareholders of the Company, approved the adoption of the new set of Memorandum of Association of the Company in substitution of and to the exclusion of the existing Memorandum of Association of the Company, to align the same with the latest applicable provisions of the Companies Act, 2013 (“Act”), primarily based on Table A as set out under Schedule I to the Act. 4) Approved the Notice of 55th Annual General Meeting (“AGM”) of the Company to be held on Tuesday, September 29, 2026 through Video Conferencing (“VC”) / Other Audio Visual Means (“OAVM”) at 1:30 (IST), to transact the businesses as set out in the said Notice. 5) Approved the Annual Report of the Company for the Financial Year 2025-26, inter alia, including the Financial Statements, Board’s Report, Management and Discussion Analysis Report and Corporate Governance Report for the said year. 6) Approved the appointment of Mr. Sameer Kishore Bhatnagar, Practicing Company Secretary (Membership No.: ACS 30997, COP No.: 13115 and Peer reviewed number: 5256/2023) as the Scrutinizers to scrutinize the remote e-voting and e-voting process during the 55th AGM. The requisite disclosure as required under Listing regulations read with SEBI Circular No. HO/49/14/14(7)2025- CFD-POD2/I/3762/2026 dated January 30, 2026, in this regard, is enclosed herewith as Annexure A. The Board meeting commenced at 1.50 pm (IST) and concluded at 3.45 pm (IST). You are requested to take note of the same. Thanks and regards. Yours faithfully, For Rathi Steel and Power Limited Abhishek Verma Whole Time Director DIN: 08104325 Encl.: as above Annexure A Details required under SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 read with SEBI Circular No. HO/49/14/14(7)2025-CFD-POD2/I/3762/2026 dated January 30, 2026 Appointment of Cost Auditor Particulars Details Reason for change viz. appointment, Appointment of M/s R. M. Bansal & Co., Practicing Cost reappointment, resignation, removal, death or and Management Accountants (Firm Registration No. otherwise 000022) as Cost Auditor of the Company. Date of appointment / reappointment / The said Appointment is effective from September 1, 2026, cessation (as applicable) & term of for the Financial Year 2026-27. appointment / reappointment; Brief profile (in case of appointment) M/s R. M. Bansal & Co., Cost Accountants are experience in versatile field viz., Cost Audit / Management Costing / Budgeting / Standard costing / Cost Control / Physical verification of Stores Inventory / designing and implementation of costing system etc. He worked for many renowned clients and Government of India Undertakings such as NTPC, IOCL, Power Grid Corporation of India Ltd., Coal India Ltd., SAIL, BHEL, Mahanagar Telephone Nigam Limited, NBCC (India) Ltd etc. Disclosure of relationships between Directors Not Applicable (in case of appointment of a Director) Appointment of Internal Auditor Particulars Details Reason for change viz. appointment, Appointment of M/s. DIT & Company (Firm Registration reappointment, resignation, removal, death or Number:015421C), Chartered Accountants as Internal otherwise Auditor of the Company. Date of appointment / reappointment / The said Appointment is effective from September 1, 2026, cessation (as applicable) & term of for the Financial Year 2026-27. appointment / reappointment; Brief profile (in case of appointment) M/s. DIT & Company (Firm Registration Number : 015421C) is about 15 years old partnership firm having multi-dimensional experience of Conducted detailed verification of financial records of various companies, partnership firms and individuals, ROC compliance and other taxation matter during field audits. Exposure in various manufacturing industries and working for various renowned companies including SPC Management Services Private Limited, Touro Primeiro Private Limited, TKG Astro private Limited, SMD IT & Technology Ventures Private limited etc. Disclosure of relationships between Directors Not Applicable (in case of appointment of a Director)