Shareholders meeting

Date: 14-07-2026 To, To, The Manager, The Manager, National Stock Exchange of India Limited 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/Madam, Sub: Proceedings of Extra- Ordinary General Meeting of the Company held on 14th July 2026 Pursuant to Regulation 30(6) read with Para A of Part A of Schedule III of SEBI (Listing Obligations and Disclosures Requirements) Regulations, 2015, we wish to inform you that the Extra-Ordinary General Meeting (“EGM”) of the Members of the Company was held today i.e. Tuesday, July 14, 2026, at 3:00 p.m. (IST) through electronic mode (video conferencing (‘VC’) and other audio-visual means (‘OAVM’) without the physical presence of its Members at a common venue, to transact the business as stated in the EGM Notice dated June 19, 2026. The item of business contained in the Notice was transacted and passed by the Members with the requisite majority. The Company also facilitated the live webcast of the proceedings, and the transcript is being made available on the website of the Company at www.mspsteel.com. The details as required under Regulation 30 read with Part A Para (A)(13) of Schedule III of the Listing Regulations and the proceedings of the EGM are enclosed as Annexure-A. The Company provided remote e-voting facility to its members to vote on the resolutions proposed to be considered at the EGM, which was available from Saturday, July 11, 2026 (9:00 A.M. IST) to Monday, July 13, 2026 (5:00 P.M. IST). Additionally, the Company facilitated e-voting during the EGM and 15 minutes after the EGM for shareholders who attended through VC/ OAVM and had not cast their votes earlier. The Consolidated Scrutinizer's Report along with the details of the voting results, as required under Regulation 44(3) of the Listing Regulations, will be submitted separately in due course. The aforesaid summary of the proceedings of EGM is uploaded on the Company’s website at www.mspsteel.com. The same may please be taken on record and suitably disseminated to all concerned. This is for your information and record. Thank you. Yours faithfully, For MSP STEEL & POWER LIMITED Shreya Kar Company Secretary & Compliance Officer Annexure-A SUMMARY OF THE PROCEEDINGS OF EXTRA-ORDINARY GENERAL MEETING OF THE COMPANY The Extra-Ordinary General Meeting (EGM) of MSP Steel & Power Ltd (“the Company”) held on, Tuesday, 14th July 2026 at 03:00 p.m. through Video Conferencing/ Other Audio-Visual Means (“VC/ OAVM”) facility, in compliance with the General Circulars issued by the Ministry of Corporate Affairs (“MCA”) and Circulars issued by the Securities Exchange and Board of India (“the SEBI”) and as per the applicable provisions of the Companies Act, 2013, and the Rules made thereunder. The deemed venue of the EGM was the Registered Office of the Company, i.e., South City Business Park, 10th Floor, 770, Anandapur, EM Bypass, Kolkata - 700107 The following Directors were present: Sr. No. Name Attended through VC/ OAVM from: 1. Mr. Saket Agrawal – Managing Director of the Company Kolkata 2. Mr. Suresh Kumar Agrawal – Chairman of the Company Raigarh 3. Mr. Pradip Kumar Dey - Non- Executive Director of the Company Kolkata 4. Ms. Suneeta Mohanty - Independent Director of the Company Cuttack 5. Mr. Anubhav Goenka - Independent Director of the Company Kolkata 6. Mr. Pramode Kumar Pandey - Independent Director of the Company Cuttack 7. Mr. Pranab Kumar Chakrabarty - Independent Director of the Kolkata Company In attendance Sr. No. Name Attended through VC/OAVM from: 1. Mr. Kamal Kumar Jain – Chief Financial Officer of the Company Kolkata 2. Ms. Shreya Kar – Company Secretary & Compliance Officer of the Kolkata Company 3. Authorised Representative of M/s. Singhi & Co., Chartered Accountants, Kolkata Statutory Auditors of the Company 4. Authorised Representative of M/s. Bajaj Todi & Associates, the Kolkata Secretarial Auditor of the Company Quorum A total of 44 members attended the meeting. Chairman of the Meeting Mr. Saket Agrawal – Managing Director & Executive Director of the Company Proceedings Mr. Suresh Kumar Agrawal- Chairman of the Company, welcomed the members to the Extra-Ordinary General Meeting of the Company. He placed before the Board a proposal to elect Mr. Saket Agrawal, Managing Director of the meeting, to chair the meeting. He also highlighted the purpose of the meeting. Mr. Saket Agrawal, Managing Director, chaired the meeting with the consent of the Board by show of hands and welcomed the members to the Extra-Ordinary General Meeting of the Company. He then introduced the other Directors and the authorized representatives of the Statutory and Secretarial Auditors of the Company. He then informed the Board that Mr. Manish Agrawal, Joint Managing Director of the Company has sought leave of absence from this Meeting. The requisite quorum being present as per the statutory requirements, he called the meeting to order and took the Notice to the EGM as read. He gave an overview of the purpose of the meeting - to seek Shareholders approval for a proposed variation in the utilization of the balance proceeds receivable upon exercise of the preferential warrants allotted to our Promoter Group entity. The Board firmly believes that the proposed variation is in the best interests of the Company and its shareholders He then passed on the baton to Mr. Kamal Kumar Jain – Chief Financial Officer. The CFO of the Company - Mr. Kamal Kumar Jain, highlighted the reason behind variation in the objects relating to utilization of the balance proceeds of funds upon exercise of the preferential warrants. He assured the proposed variation has been carefully evaluated by the Audit Committee and thereafter approved by the Board of Directors. He further assured the Members that this variation follows all the applicable laws, rules and regulations and will not effect the rights of shareholders. Ms. Shreya Kar, Company Secretary & Compliance Officer of the Company, then proceeded to provide the general instructions to the members regarding participation in this meeting. She proceeded to read out the Agenda to the Notice of the EGM, briefing the shareholders about the special resolution to be transacted at the Meeting and took the Explanatory Statement to the Notice as read. She subsequently declared the floor open for the Question-and-Answer session, also giving directions to the process of the session. Thereafter, speakers expressed their feedback and put forth questions one by one. The Managing Director of the Company, Mr. Saket Agrawal, responded to the queries of the Shareholders and concluded the Q n A session. The following item was transacted at the EGM: Sl. No. Particulars Required Resolution Mode of Voting Special Business: 1. Variation in the Objects relating to utilisation of funds Special Resolution Remote E-voting from Preferential Issue The Company Secretary & Compliance Officer – Ms. Shreya Kar informed the Members that the remote e-voting facility was kept open during the EGM and for 15 minutes after the conclusion of the EGM to enable the Members to cast their votes and concluded with thanking the Directors, the NSDL e-voting facility providers and the Shareholders for joining the Meeting. She further stated that the statutory registers and other documents as required under applicable laws, were made available for inspection at the Registered Office. Mr. Saket Agrawal, Managing Director of the Company, concluded the proceedings of the meeting with a farewell note to all the stakeholders of the Company. The Meeting concluded at 03:24 p.m. with a vote of thanks to the Chair. E-voting facility was kept open till 03:39 p.m. This is for your information and record. Thank you. Yours faithfully, For MSP Steel & Power Limited Shreya Kar Company Secretary & Compliance Officer