Notice of 54th Annual general Meeting of the company for the Financial Year 2025-26

PRABHU STEEL INDUSTRIES LIMITED ESTD: 1972 REGISTERED OFFICE: Plot No. 158, Small Factory Area, Bagadganj, Nagpur – 440 008. (Maharashtra) Ph. No. 0712-2766301. Email: prabhu.steel@yahoo.com CIN: L28100MH1972PLC015817 Date: 03.09.2026 To, To, Department of Corporate Services, The Secretary, BSE LIMITED The Calcutta Stock Exchange Association limited, P. J. Towers, Dalal Street, 7, Lyons Range, Dalhousie, Mumbai – 400 001. Kolkata - 700001 BSE Scrip Code: 506042 CSE Scrip Code: 026117 Subject : Disclosure under Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 – Notice of 54th Annual General meeting of the Company Dear Sir/Madam, We are enclosing herewith Notice of the Annual General Meeting for the Financial Year 2025-26 and is also available on the website of the Company at https://www.prabhusteel.in/. This is for your information and record. Thanking You. Yours Faithfully, FOR PRABHU STEEL INDUSTRIES LIMITED MR. DINESH GANGARAM AGARWAL MANAGING DIRECTOR DIN: 00291086 Place: Nagpur Prabhu Steel Industries Limited Annual Report 2025-2026 NOTICE NOTICE IS HEREBY GIVEN THAT THE 54TH ANNUAL GENERAL MEETING OF THE MEMBERS OF PRABHU STEEL INDUSTRIES LIMITED WILL BE HELD ON FRIDAY, 25TH SEPTEMBER, 2026 AT 9:00 AM AT THE REGISTERED OFFICE OF THE COMPANY SITUATED AT PLOT NO. 158 SMALL FACTORY AREA, BAGADGANJ NAGPUR MAHARASHTRA, INDIA, 440008 TO TRANSACT THE FOLLOWING BUSINESS. Ordinary Business: 1. TO RECEIVE, CONSIDER AND ADOPT THE AUDITED STANDALONE FINANCIAL STATEMENTS FOR THE FINANCIAL YEAR ENDED 31ST MARCH, 2026 AND THE REPORTS OF THE DIRECTORS AND THE AUDITORS THEREON. 2. TO APPOINT DIRECTOR IN PLACE OF MR. KRISHANU AGRAWAL (DIN: 08777036) WHO RETIRES BY ROTATION & BEING ELIGIBLE OFFERS HIMSELF FOR RE-APPOINTMENT AS DIRECTOR. Special Business: 3. APPROVAL FOR REVISION OF REMUNERATION OF MR. HARISH AGRAWAL NON-EXECUTIVE NON-INDEPENDENT DIRECTOR, EXCEEDING THE LIMITS PRESCRIBED UNDER SECTION 197 AND SCHEDULE V OF THE COMPANIES ACT, 2013. To consider and if thought fit, to pass the following resolution as a Special Resolution: “RESOLVED THAT pursuant to the provisions of Sections 196, 197, 198 and 203 read with Schedule V and other applicable provisions of the Companies Act, 2013 (“the Act”) and the Rules made thereunder, including the Companies (Appointment and Remuneration of Managerial Personnel) Rules, 2014, SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, and subject to the approval of such authorities as may be required, the consent of the Members be and is hereby accorded for revision of the remuneration of Mr. Harish Agrawal, Non-Executive Non-Independent Director w.e.f. April 01, 2026 , as set out in the explanatory statement annexed hereto, notwithstanding that the remuneration may exceed the limits prescribed under Section 197 read with Schedule V of the Act due to inadequacy or absence of profits. PROVIDED THAT the above remuneration be paid to Mr. Harish Agrawal even if it exceeds One percent of the net profits of the Company in accordance with sections 197 and 198 of the Act, including any statutory modification(s) or re- enactment(s) thereof. FURTHER RESOLVED that where in any financial year during the period from 1st April, 2026, the Company has no profits or its profits are inadequate, the Company may pay the above remuneration to Mr. Harish Agrawal, Non-Executive Non- Independent Director of the Company as the minimum remuneration, subject to receipt of the requisite approvals, if any. RESOLVED FURTHER THAT the Board and its committee be and are hereby authorised to do all such acts, deeds, matters and things as may be considered necessary, desirable, or expedient to give effect to this Resolution.” 4. APPROVAL FOR REVISION OF REMUNERATION OF MR. DINESH GANGARAM AGRAWAL MANAGING DIRECTOR, EXCEEDING THE LIMITS PRESCRIBED UNDER SECTION 197 AND SCHEDULE V OF THE COMPANIES ACT, 2013. To consider and if thought fit, to pass the following resolution as a Special Resolution: “RESOLVED THAT pursuant to the provisions of Sections 196, 197, 198 and 203 read with Schedule V and other applicable provisions of the Companies Act, 2013 (“the Act”) and the Rules made thereunder, including the Companies (Appointment and Remuneration of Managerial Personnel) Rules, 2014, SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, and subject to the approval of such authorities as may be required, the consent of the Members be and is hereby accorded for revision of the remuneration of Mr. Dinesh Gangaram Agrawal Managing Director w.e.f. April 01, 2026 , as set out in the explanatory statement annexed hereto, notwithstanding that the remuneration may exceed the limits prescribed under Section 197 read with Schedule V of the Act due to inadequacy or absence of profits. PROVIDED THAT the above remuneration be paid to Mr. Dinesh Gangaram Agrawal even if it exceeds One percent of the net profits of the Company in accordance with sections 197 and 198 of the Act, including any statutory modification(s) or re-enactment(s) thereof. FURTHER RESOLVED that where in any financial year during the period from 1st April, 2026, the Company has no profits or its profits are inadequate, the Company may pay the above remuneration to Mr. Dinesh Gangaram Agrawal Managing Director of the Company as the minimum remuneration, subject to receipt of the requisite approvals, if any. Prabhu Steel Industries Limited Annual Report 2025-2026 RESOLVED FURTHER THAT the Board and its committee be and are hereby authorised to do all such acts, deeds, matters and things as may be considered necessary, desirable, or expedient to give effect to this Resolution.” 5. APPROVAL FOR REVISION OF REMUNERATION OF MR. KRISHANU HARISH AGRAWAL WHOLE-TIME DIRECTOR, EXCEEDING THE LIMITS PRESCRIBED UNDER SECTION 197 AND SCHEDULE V OF THE COMPANIES ACT, 2013. To consider and if thought fit, to pass the following resolution as a Special Resolution: “RESOLVED THAT pursuant to the provisions of Sections 196, 197, 198 and 203 read with Schedule V and other applicable provisions of the Companies Act, 2013 (“the Act”) and the Rules made thereunder, including the Companies (Appointment and Remuneration of Managerial Personnel) Rules, 2014, SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, and subject to the approval of such authorities as may be required, the consent of the Members be and is hereby accorded for revision of the remuneration of Mr. Krishanu Harish Agrawal Whole-Time Director w.e.f. April 01, 2026 , as set out in the explanatory statement annexed hereto, notwithstanding that the remuneration may exceed the limits prescribed under Section 197 read with Schedule V of the Act due to inadequacy or absence of profits. PROVIDED THAT the above remuneration be paid to Mr. Krishanu Harish Agrawal Whole-Time Director even if it exceeds One percent of the net profits of the Company in accordance with sections 197 and 198 of the Act, including any statutory modification(s) or re-enactment(s) thereof. FURTHER RESOLVED that where in any financial year during the period from 1st April, 2026, the Company has no profits or its profits are inadequate, the Company may pay the above remuneration to Mr. Krishanu Harish Agrawal Whole-Time Director of the Company as the minimum remuneration, subject to receipt of the requisite approvals, if any. RESOLVED FURTHER THAT the Board and its committee be and are hereby authorised to do all such acts, deeds, matters and things as may be considered necessary, desirable, or expedient to give effect to this Resolution.” 6. TO CONSIDER AND APPROVE ENHANCEMENT IN OVERALL BORROWING LIMITS OF THE COMPANY. To consider and, if thought fit, with or without modification, to pass the following resolution as Special Resolution: “RESOLVED THAT in supersession of the earlier Special resolution passed pursuant to Section 180(1)(c) and other applicable provisions, if any, of the Companies Act, [Showing first 8,000 characters — download PDF for full document]