Updates

Steel Exchange India Limited September 09, 2026 To To The Manager, The Manager, Department of Corporate Services, Listing Department, BSE Limited National Stock Exchange of India Limited, P.J. Towers, Dalal Street, Exchange Plaza, Bandra Kurla Complex, Port, Mumbai — 400001 Bandra (East), Mumbai — 400051 Scrip Code: 534748/960441 Scrip ID: STEELXIND Sub: Intimation under Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 – Execution of Memorandum of Understanding with NMDC Limited. Dear Sir/Ma’am, Pursuant to Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 ("SEBI Listing Regulations"), we wish to inform you that Steel Exchange India Limited ("the Company") has entered into a Memorandum of Understanding ("MoU") with NMDC Limited ("NMDC") on September 08, 2026. The MoU establishes a commercial and operational framework for the supply and procurement of Consistent grade Iron Ore Fines having Fe content of 61–63% and above, sourced from NMDC's upcoming Buffer Stockpile & Blending Yard at Visakhapatnam, Andhra Pradesh. The MoU is non-exclusive and non-binding in nature and has a primary term of four years. It provides a framework for potential long-term supply of iron ore to support the Company's integrated steel manufacturing operations, subject to the terms of definitive Long-Term Agreements to be entered into between the Parties. This MoU is expected to support the Company’s expansion plans in the near future. This is for your information and records. Thanking you, Yours faithfully, For Steel Exchange India Limited Raveendra Babu M Company Secretary & Compliance Officer M.No: A34409 WORKS Integrated Steel Plant: Sreerampuram, L.Kota Mandal, Vizianagaram District - 535161. Phone: +91-8966-267218, 267111