Filing of Annual Report for the F.Y. 2025-26.

Earthstahl & Alloys Limited CIN: L27310CT2009PLC021487 Regd. Off.: Duldula Village, Simga Tehsil, Baloda Bazar, Chhattisgarh-493101 e-mail: secretarial@earthstahl.com; Ph: +91-8120009625/26; website: www.earthstahl.com Dated: 03rd September, 2026 BSE Limited Phiroze Jeejeebhoy Towers, Dalal Street, Mumbai-400001 Scrip Code: 543765 Sub: Submission of Annual Report for F.Y. 2025-26 along with the Notice of AGM. Dear Sir / Ma’am, With reference to the captioned subject, and pursuant to Regulation 34 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations 2015, please find enclosed herewith Annual Report of the Company for the F.Y. 2025-26 along with the Notice of the ensuing 17th Annual General Meeting (AGM) scheduled to be held on 29th September, 2026. The Annual Report and the Notice of AGM can also be accessed on the website of the Company at www.earthstahl.com. You are requested to take the same on records. Yours Sincerely, For Earthstahl & Alloys Limited Ankit Kumar Dewangan Company Secretary Encl: a/a Notice Board and Management Report Financial Section Corporate Information Board of Directors Mrs. Padma Somani Mr. Prawin Somani Mr. Rajesh Somani Whole-time Director Whole-time Director Whole-time Director Mr. Ravi Thakurdasji Laddha Mr. Surendra Kumar Jain Mr. Vinod Arora Non-Executive Director Independent Director (Chairman) Independent Director KMP’s Internal Auditors Mr. Utsabanand Nath Himanshu R & Company Chief Financial Officer (Chartered Accountants) C-13, Shailendra Nagar, Mr. Ankit Dewangan Raipur C.G. - 492001 Company Secretary & Compliance Officer Bankers Registrar & Share Transfer Agent YES Bank Limited Bigshare Services Private Limited S6-2, 6th Floor, Pinnacle Business Park, Statutory Auditors Mahakali Caves Road, M/s. O P BAGLA & Co. LLP Andheri (E), Mumbai-4000093 (Chartered Accountants) Ph.: +91-22-62638200; 501, 5th Floor, B-225 Okhla Indl. e-mail: info@bigshareonline.com Area, Phase-I, New Delhi - 110020 Secretarial Auditors Registered Office & Works M/s. S.G. Kankani & Associates Duldula Village, Office No. 701 & 712, 7th Floor, Simga Tehsil, Baloda Bazar, Orrange Hive, Mowa, Chhattisgarh-493101 Vidhan Sabha Road, P: +91 8126666604 Opp. Renault Showroom, Email: secretarial@earthstahl.com Raipur C.G. - 492005 website: www.earthstahl.com Contents Page No. Notice of AGM 2 Board’s Report 16 Management Discussion & Analysis Report 29 Independent Auditor’s Report 32 Balance Sheet 43 Statement of Profit and Loss 44 Cash Flow Statement 45 Notes to Financial Statements 47 Annual Report 2025-26 Notice NOTICE is hereby given that the 17th Annual General Meeting (“AGM”) of the members of Earthstahl & Alloys Limited will be held on 29th September 2026 at 12:30 p.m. IST through video conference (“VC”)/ other Audio Visual Means (“OAVM”) to transact the following business: ORDINARY BUSINESS Item no. 1: Adoption of Financial Statements To receive, consider and adopt the Audited Financial Statements of the Company for the year ended 31st March 2026 along with the reports of the Board of Directors and Auditors thereon. Item no. 2: Appointment of Mr. Prawin Somani, Whole-Time Director, liable to retire by rotation. To appoint a director in place of Mr. Prawin Somani (DIN: 01143972), who retires by rotation at this Annual General Meeting and being eligible, has offered himself for reappointment. Item no. 3: Appointment of Mr. Rajesh Somani, Whole-Time Director, liable to retire by rotation. To appoint a director in place of Mr. Rajesh Somani (DIN: 01719930), who retires by rotation at this Annual General Meeting and being eligible, has offered himself for reappointment. Item no. 4: Appointment of Mrs. Padma Somani, Whole-Time Director, liable to retire by rotation. To appoint a director in place of Mrs. Padma Somani (DIN: 01719952), who retires by rotation at this Annual General Meeting and being eligible, has offered herself for reappointment. SPECIAL BUSINESS Item no. 5: Re-Appointment of Mr. Prawin Somani, WTD, for another term of 5 years. To consider and if thought fit, to pass, with or without modification(s), the following resolution as a Special Resolution: “RESOLVED THAT, pursuant to the provisions of Section 196, 197, and other applicable provisions if any, of the Companies Act, 2013 (“The Act”) read with Schedule V to the Act and the Companies (Appointment and Remuneration of Managerial Personnel) Rules, 2014 including any statutory modification(s), amendment(s), clarification(s), re-enactment(s) or substitution(s) thereof for the time being in force), the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015 including any modification(s) thereof or supplements thereto (“SEBI Listing Regulations”) and the Articles of Association of the Company, Mr. Prawin Somani (DIN: 01143972) be and is hereby re-appointed as Whole time Director of the Company for a period of Five years with effect from 1st April, 2027, liable to retire by rotation, on such terms and conditions as set out in the Statement annexed to the notice convening this meeting (including the remuneration to be paid in the event of loss or inadequacy of profits in any financial year during the tenure of his appointment), with liberty given to the Board of Directors/Nomination & Remuneration Committee to alter and vary the terms and conditions of the said appointment and/ or remuneration in such manner as may be agreed to by and between the Company and Mr. Prawin Somani, provided however, such alterations are within the maximum limits approved by the members / laid down in the Companies Act, 2013 for the time being in force. RESOLVED FURTHER THAT remuneration payable to Mr. Prawin Somani, may exceed five percent of the net profits of the Company in any financial years and that the aggregate remuneration payable to him as well as other Executive Director of the Company may exceed ten percent of the net profits of the Company in any of the financial year and the overall remuneration to all the directors may exceed eleven percent of the net profits of the Company calculated under Section 198 of the Companies Act, 2013 in any of the financial years. Item no. 6: Re-Appointment of Mr. Rajesh Somani, WTD, for another term of 5 years. To consider and if thought fit, to pass, with or without modification(s), the following resolution as a Special Resolution: “RESOLVED THAT, pursuant to the provisions of Section 196, 197, and other applicable provisions if any, of the Companies Act, 2013 (“The Act”) read with Schedule V to the Act and the Companies (Appointment and Remuneration of Managerial Personnel) Annual Report 2025-26 Notice Board and Management Report Financial Section Notice Rules, 2014 including any statutory modification(s), amendment(s), clarification(s), re-enactment(s) or substitution(s) thereof for the time being in force), the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015 including any modification(s) thereof or supplements thereto (“SEBI Listing Regulations”) and the Articles of Association of the Company, Mr. Rajesh Somani (DIN: 01719930) be and is hereby re-appointed as Whole time Director of the Company for a period of Five years with effect from 1st September, 2027, liable to retire by rotation, on such terms and conditions as set out in the Statement annexed to the notice convening this meeting (including the remuneration to be paid in the event of loss or inadequacy of profits in any financial year during the tenure of his appointment), with liberty given to the Board of Directors/Nomination & Remuneration Committee to alter and vary the terms and conditions of the said appointment and/ or remuneration in such manner as may be agreed to by and between the Company and Mr. Rajesh Somani, provided however, such alterations are within the maximum limits approved by the members / laid down in the Companies Act, 2013 for the time being in force [Showing first 8,000 characters — download PDF for full document]