Submission of 40th Annual Report of the Company for the Financial Year 2025-26.

S,JAt AG Throush Online Filins STEEL SECY/SE/2026 /204-205 SUNFLAG IRON & STEEL CO. LTD. Tuesday, l"t Scptember, 2026 REGo. oFFICE r 33/1, MOUNT RO D, SAoAR, NAGPUR - 440 001. MH,0N0rA) PH.r 0712-2524661, 2532901, 2520356, 2520354 FAX : 0712-2520360 To, E-Mail : admin@sunfugsleel.€om The General Websile : wtwi.sunllagsteel.@m Manager, CIN: 127100MH1 981P1C031003 Department of Corporate Scrviccs, Limited Phirozc Jeejecbhoy Towcrs, Dalal Street. MUMBAI - 400001 The Manager, Listing Department, National Stock Exchange of India Ltd., "Exchange Plaza", C-l, Block-G, Bandra - Kurla Complex, Bandra (East), MUMBAI - 4O()OO1 sub: Submission of 40th Annual Report of the Company for the Financial year 202s-26. Ref: sunflog Iron and steer company Limited _'BSE s*ip code: s00404 / NSE scrip Sltmbol: SUNFLAG Dear Sir/Madam, Pursuant to Rcgulation 34(1)(a) of SEBI (Listing obligations and Disclosure Requirements) Regulations, 2015 (as amended), we arc submitting heicwith rhe 40s Annual neport of the company for the financial year 2025-26 inter-alia com -p bri es ing the Notice convening the 406 Ar:nual General Meeting (AGM) of the company to held on Friday, the 25; day of September, 2026 at 12.00 P.M. (IST) through Vdeo Confcrcncing (,vct I Othcr Audio_ Msual Means ('OAVM'). The Annual Report 2025-26 inctuding the Noticc ofAGM is also available on thc website of the Company at thc [ink: //sun tccl.c tent/ 02 40th- Report-2025-26.pdf This is for your kind information and rccord. For Sunflag Iron and Steel Company Limited CS Ashutosh Mishra Head Company Secretary & Compliance Officer Encl: As above. Membership No. ACS - 23011 33/1, Mount Road, Sadar, Nagpur-440001 Email: avm sunflagsteel,com (3ll Phone No. 0712 - 2524661 Visit us at www.sunf lagsteel.com Eg M T G EE Rt rll l.8 dnll o 0l I I7i l .F1ln 1 d0 8 1 U+ o 4r o1 S Gx r6f . r1f 1 $r Bi €sR mC 1 bY 1 d4oE E d5$ r0 6 iR: 6 6 . t 6 D A ] EIL. o {tj d]l R l ! 00 €F Io d10 of 1{ iff a , f{,i i l S o: f,r 7 oc iDt mt io rel S @f{ lY 1 m1 t$0 lco na l N S H c Hl7 R oE , oA M oXT u 'I TIf mI ,Lf DM I EO #l} R{N IE B. R k: U B o$N DE *SS - P ,IX 1_^.l::(Hln @ E jgG C, " 6P : F o M r{ EP5 ml , UP, LR{ l: . €t r l $ 0.Als mF {B] m1|n t lF lES -G RII rD u ar F r &, 2v LI f nH llo i 5l r {m rl 6s RS. n rri hr l 5l{. H p f F E8 Et r m {o L rT 1 CH :n l 0 ) t l 1b :8 1, d2.n r I o 9u 1 tl .. .l 8l Rs r! 1l 1c &f 2r 1of 7o ! rR $i 1 : , rf 4 Fm 1! 1, d1 t1 d12 i. o 7 lx T EI0 M L/5H {r. 1 drn , gr^i r & * r,nl 2 sf m lcnf 3 L]i inR 1EG n r 2. ] 0$o , 0u: st 8 r l t n2-lu Y m t{l $l } l ZL R I0 dL Bro 7, (lD !l' Ena : dtJ8rib$s.l.3rr FORTIETH (40TH) ANNUAL REPORT 2025 - 2026 SUNFLAG IRON AND STEEL COMPANY LIMITED BOARD OF DIRECTORS Mr. RAVI BHUSHAN BHARDWAJ [Non-executive Chairman] Mr. PRANAV BHARDWAJ [Managing Director] Mr. ANAND SADASHIV KAPRE [Non-executive, Independent Director] CA VINITA BAHRI [Non-executive, Independent Director] Mr. RAMCHANDRA VASANT DALVI [Director (Technical)] Mr. SUHRIT BHARDWAJ [Non-executive Director] CA M. A. V. GOUTHAM [Non-executive, Independent Director] Mr. TIRTHNATH JHA [Non-executive, Independent Director] Mr. MUKUND PRABHAKAR CHAUDHARI - Additional Director [Non-executive, Independent] (w.e.f.11.08.2026) Mr. SAJIV DHAWAN [Non-executive, Independent Director] (upto 10.08.2025) CA NEELAM KOTHARI [Non-executive, Independent Director] (upto 20.09.2025) CHIEF FINANCIAL OFFICER Mr. S. MAHADEVAN IYER HEAD COMPANY SECRETARY CS ASHUTOSH MISHRA STATUTORY AUDITORS M/s. LODHA & CO. LLP, CHARTERED ACCOUNTANTS, NEW DELHI SECRETARIAL AUDITORS M/s. DM & ASSOCIATES COMPANY SECRETARIES LLP, MUMBAI COST AUDITORS M/s. G. R. PALIWAL & COMPANY COST ACCOUNTANTS, NAGPUR INTERNAL AUDITORS M/s. PRICEWATERHOUSECOOPERS SERVICES LLP LENDERS STATE BANK OF INDIA BANK OF INDIA CANARA BANK INDIAN BANK IDBI BANK LIMITED ICICI BANK LIMITED AXIS BANK LIMITED BAJAJ FINANCE LIMITED HDFC BANK LIMITED REGISTERED OFFICE 33/1, MOUNT ROAD, SADAR, NAGPUR - 440001, MH, IN WORKS WARTHI, BHANDARA ROAD, BHANDARA - 441905, MH, IN WEBSITE & E-MAIL www.sunflagsteel.com / e-mail - investor@sunflagsteel.com REGISTRAR & SHARE TRANSFER AGENT BIGSHARE SERVICES PRIVATE LIMITED, MUMBAI. C O N T E N T S Particulars Page No. Particulars Page No. Notice of 40th Annual General Meeting 1 Statement containing salient features of Financial Statements of Subsidiaries,Associate and Board's Report 14 Joint Venture Companies pursuant to Section Management Discussion and Analysis 31 129(3) of the Companies Act, 2013 Business Responsibility and Sustainability Report 35 Consolidated Financial Statements & Reports Corporate Governance Report 62 · Independent Auditors' Report 133 Standalone Financial Statements & Reports · Balance Sheet 139 · Independent Auditors' Report 86 · Statement of Profit and Loss 140 · Balance Sheet 93 · Cash Flow Statement 141 · Statement of Profit and Loss 94 · Statement of Changes in Equity 142 · Cash Flow Statement 95 · Accounting Policies and Notes forming 143 · Statement of Changes in Equity 96 part of financial statements · Accounting Policies and Notes forming part 97 of financial statements SUNFLAG IRON AND STEEL COMPANY LIMITED REGISTERED OFFICE : 33/1, MOUNT ROAD, SADAR, NAGPUR - 440001, MH, IN Corporate Identification Number (CIN) – L 27100 MH 1984 PLC 034003 Tel Nos. + 91 712 2524661 / 2520356–7–8, Fax No. + 91 712 2520360, e-mail Id : investor@sunflagsteel.com, Website : www.sunflagsteel.com NOTICE NOTICE is hereby given that the Fortieth (40th) Annual General Meeting ('AGM') of the members of Sunflag Iron and Steel Company Limited will be held on Friday, the 25th day of September, 2026 at 12.00 P.M. through Video Conferencing (“VC”) / Other Audio-Visual Means (“OAVM”) to transact the following business: ORDINARY BUSINESS 1. Adoption of Audited Financial Statements To receive, consider and adopt the Audited Financial Statements (Standalone and Consolidated) of the Company for the Financial Year 2025-26 ended 31st March, 2026, including, the Balance Sheet as at 31st March, 2026, Statement of Profit and Loss and Cash Flow for the Financial Year 2025-26, together with the Board's Report and Report of the Statutory Auditors thereon. 2. Declaration of Dividend for the Financial Year ended 31st March, 2026 To declare final dividend @10% (i.e. ` 1/- per share) on Equity Share of face value of ` 10/- (` Ten) each for the Financial Year ended 31st March, 2026. 3. Appointment of Director retiring by Rotation To appoint a director in place of Mr. Ravi Bhushan Bhardwaj (DIN - 00054700), who retires by rotation and, being eligible, offers himself for re-appointment. SPECIAL BUSINESS 4. Appointment of Mr. Mukund Prabhakar Chaudhari (DIN: 05339308), as a Director (Category – Non-executive, Independent) of the Company, and also for a fixed first term of Forty (40) months, as an Independent Director of the Company. To consider and if thought fit, to pass, the following Resolution as a Special Resolution: “RESOLVED THAT Mr. Mukund Prabhakar Chaudhari (DIN: 05339308), appointed by the Board of Directors as an Additional Director of the Company effective 11th August, 2026 and who holds office up to the date of this fortieth (40th) Annual General Meeting of the Company in terms of Section 161(1) of the Companies Act, 2013 (“the Act”) and Article 128 of the Articles of Association of the Company and who is eligible for appointment and in respect of whom the Company has received a notice in writing from a member under Section 160(1) of the Act proposing his candidature for the office of a Director of the Company, be and is hereby appointed as a Director of the Company.” “RESOLVED FURTHER THAT pursuant to the provisions of Sections 149, 152 and other applicable provisions, if any, of the Act, and the Companies (Appointment and Qualifications of Directors) Rules, 2014, read with Schedule IV to the Act, as amended, from time to time and Regulation 17, and other applicable regulations of the SEBI (Listing Obligations and Disclosure Requirements) [Showing first 8,000 characters — download PDF for full document]