Certificate under SEBI (Depositories and Participants) Regulations, 2018

SHAH ALLOYS LTD. Corp. Office: Shah Alloys Corporate House, Sola-Kalol Road, Santej, Ta. Kalol, Dist. Gandhinagar-382721 Reg. Office : 5/1, Shreeji House, 5th Floor, B/h. M. J. Library, Ashram Road, Ahmedaba d-380006, India Phone: 02764-352929, E-Mail: info@Shahalloys.com, Website: www.shahalloys.com 10.07.2026 Department of Corporate Service Manager BSE LIMITED Listing Department Phiroze Jeejeebhoy Tower, National Stock Exchange of India Ltd. Dalal Street, Exchange Plaza, Plot No C/1, G-Block, Mumbai - 400 001 Bandra – Kurla Complex, Bandra (E), Mumbai – 400051 BSE Scrip Code: 513436 NSE Symbol – SHAHALLOYS Dear Sir/Ma’am, Sub: Certificate under Regulation 74(5) of Securities and Exchange Board of India (Depositories and Participants) Regulations, 2018 for the quarter ended on 30th June, 2026. Please find enclosed herewith a certificate received from Bigshare Services Private Limited, Registrar and Share Transfer Agent of the Company under Regulation 74(5) of the Securities and Exchange Board of India (Depositories and Participants) Regulations, 2018 for the quarter ended 30th June, 2026. You are requested to take the same on record and acknowledge the receipt of the same. Thanking You, Yours faithfully, For & on behalf of Shah Alloys Limited Narayanlal F. Shah Company Secretary & Compliance Officer M. No. – A30225 Encl.: As mentioned above CIN: L27100GJ1990PLC014698 Factory: Block No.2221/2222, Shah Industrial Estate, Sola Kalol Road, Santej, Ta. Kalol, Dist. Gandhinagar-382721 Ref No. BSS/Reg 74(5)/25-26 Date: 07/07/2026 SHAH ALLOYS LTD (INE640C01011) SHAH ALLOYS CORPORATE HOUSE BLOCK NO 2221/2222 SOLA KALOL ROAD SAMTEJ TA KALOL-382043 Dear Sir/Madam, Sub: Certificate under Regulation 74(5) of the SEBI (Depositories and Participants) Regulations, 2018 for the quarter ended 30th June, 2026. In reference to the above – captioned regulation we hereby confirm that the securities received from the depository Participants for dematerialization up to 30th June, 2026 were confirmed (accepted/rejected) to the depositories by us and that securities comprised in the said certificates have been listed on the stock exchange where the earlier issued securities are listed. We hereby confirm that the security certificates received for dematerialization have been mutilated & cancelled after due verification by the depository Participant and the name of the depositories have been substituted in register of members as registered owner within 15 days of receipt of certificate of securities. We request you to kindly take note of the above in your records. Thanking you, Yours faithfully, For Bigshare Services Pvt. Ltd., Akash Shamal Authorised Signatory