Shareholders meeting

Date: 07th September 2026 1. National Stock Exchange of India Limited 2. BSE Limited “Exchange Plaza”, C-1, Block-G Phirozee Jeejeebhoy Towers Bandra- Kurla Complex, Bandra (E) Dalal Street Mumbai- 400 051 Mumbai – 400 001 Company Symbol: MSPL Scrip Code No.: 532650 Dear Sir/Ma’am, Sub: Notice of the 57th Annual General Meeting of the Company for Financial Year 2025-26 Pursuant to Regulation 30 read with Para A of Part A of Schedule III and Regulation 34 of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015 ("Listing Regulations"), please find enclosed herewith, the Notice dated 2nd September, 2026 of the 57th (Fifty-Seventh) Annual General Meeting ("AGM") of the Company scheduled to be held on Wednesday, September 30, 2026 at 3.00 P.M. (IST) through Video Conferencing ("VC")/ Other Audio Visual Means ("OAVM"). The Annual Report of the Company for the Financial Year 2025-2026 and Notice of the AGM, is also available on the website of the Company, https://www.mspsteel.com/investors/general- meeting/agm-2026 This is for your information and record. Thanking You. Yours faithfully, For MSP STEEL & POWER LTD Shreya Kar Company Secretary & Compliance Officer Encl.: As above MSP STEEL & POWER LIMITED CIN: L27109WB1968PLC027399 Registered Office: South City Business Park, 10th Floor, 770, Anandapur, EM Bypass, Kolkata – 700107 (WB) Website: www.mspsteel.com Email Id: contact.us@mspsteel.com Phone No.: 033-4005 7777 Fax: 033-4005 7700 NOTICE Notice is hereby given that the 57th Annual General and if thought fit, to pass the following resolution as an Meeting (“AGM”) of MSP STEEL & POWER LIMITED will be Ordinary Resolution: held on Wednesday, 30th day of September 2026 at "RESOLVED THAT Mr. Suresh Kumar Agrawal (DIN: DIN: 03.00 p.m. (IST) through Video Conferencing (“VC”)/ 00587623), who retires by rotation in accordance with Other Audio-Visual Means (“OAVM”) to transact the Section 152 of the Companies Act, 2013 and other applicable following business: provisions of the Company (including any statutory ORDINARY BUSINESS: modification(s) or re-enactment(s) be and is hereby re- appointed as a director liable to retire by rotation. Item No. 1 To consider and adopt (a) the audited financial FURTHER RESOLVED THAT the Board be and is hereby also statement of the Company for the financial year ended authorised to do all such acts, deeds, matters and things as March 31, 2026 and the reports of the Board of Directors may be necessary, expedient or incidental for the purpose and Auditors thereon; and (b) the audited consolidated of giving effect to this Resolution and to settle any question financial statement of the Company for the financial year or difficulty in connection herewith and incidental hereto. ended March 31, 2026 and the report of Auditors thereon SPECIAL BUSINESS: and in this regard, to consider and if thought fit, to pass the following resolutions as Ordinary Resolutions: Item No. 3 Ratification of Remuneration payable to Mr. Sambhu “RESOLVED THAT the audited financial statement of the Banerjee (Membership No. 9780), Cost Auditor of the Company for the financial year ended March 31, 2026 Company for the financial year ending March 31, 2027: and the reports of the Board of Directors and Auditors thereon, as circulated to the Members, be and are hereby To consider and, if thought fit, to pass, with or without considered and adopted. modification(s), the following resolution as an Ordinary Resolution: - RESOLVED THAT the audited consolidated financial statement of the Company for the financial year ended “RESOLVED THAT pursuant to the provisions of Section March 31, 2026 and the report of Auditors thereon, 148(3) and other applicable provisions, if any, of the as circulated to the Members, be and are hereby Companies Act, 2013 read with the Companies (Audit considered and adopted.” and Auditors) Rules, 2014, (including any statutory modification(s) or re-enactment thereof for the time being Item No. 2 in force), the remuneration payable to Mr. Sambhu Banerjee To appoint Mr. Suresh Kumar Agrawal (Membership No. 9780), appointed by the Board of Directors (DIN: 00587623) as a Director, who retires by rotation on the recommendation of the Audit Committee, as the and being eligible, offers himself for re-appointment as Cost Auditors of the Company to conduct the audit of the a Director of the Company and in this regard to consider cost records of the Company for the financial year ending March 31, 2027, amounting to 1,00,000/- (Rupees One Lakh only) plus applicable taxes and the reimbursement of Notice out of-pocket expenses incurred in connection with the provided that, where the Company has no profits or aforesaid audit, be and is hereby ratified. its profits are inadequate in any financial year, the remuneration shall be payable in accordance with the RESOLVED FURTHER THAT any one of the Directors or the applicable provisions and limits prescribed under Schedule Company Secretary of the Company be and is hereby V to the Act and subject to such conditions and approvals authorized to do all necessary acts, deeds and things, as may be applicable. which may be expedient, proper and necessary to give RESOLVED FURTHER THAT the Board of Directors of the effect to the above resolution.” Company (including the Nomination and Remuneration Item No. 4 Committee) be and are hereby authorised to take all such steps as may be necessary or expedient for obtaining such Approval for payment of overall managerial approvals, statutory or otherwise, as may be required in remuneration in excess of limits prescribed. relation to the aforesaid resolution, and to settle all matters To consider and, if thought fit, to pass, with or arising out of and incidental thereto and to sign and without modification(s), the following resolution as a execute all applications, documents and writings that may Special Resolution: be required on behalf of the Company and generally to do “RESOLVED THAT pursuant to the provisions of Sections 197, all acts, deeds, matters and things that may be necessary, 198 and other applicable provisions of the Companies Act, proper, expedient or incidental for the purpose of giving 2013 (the “Act”) read with the Companies (Appointment effect to this resolution.” and Remuneration of Managerial Personnel) Rules, 2014 Item No. 5 and Schedule V to the Act, the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, as amended Approval of payment of remuneration to Mr. Suresh from time to time, and subject to such other approvals, Kumar Agrawal (DIN: 00587623), Non-executive consents, permissions or sanctions as may be required, Chairman of the Company. and based on the recommendation of the Nomination To consider and, if thought fit, to pass, with or and Remuneration Committee and approval of the Board without modification(s), the following resolution as a of Directors of the Company, consent of the Members be Special Resolution: - and is hereby accorded to the Board of Directors of the “RESOLVED THAT in accordance with provisions of Section Company (hereinafter referred to as the “Board”, which 197, 198 and other applicable provisions, if any, of the term shall include the Nomination and Remuneration Companies Act, 2013 read with Schedule V to the Act, Committee thereof) to increase, alter, vary or modify the including any statutory modification(s) or reenactment remuneration payable to the Directors of the Company, thereof, and pursuant to the recommendation & approval from time to time during their respective tenure, within the of the Nomination & Remuneration Committee and the limits specified below, notwithstanding that in any financial Board of Directors of the Company at its respective meeting year during such tenure, the Company has no profits or its held on 2nd September, 2026, the consent of Members of profits are inadequate, subject to the applicable provisions the Company, be [Showing first 8,000 characters — download PDF for full document]