Outcome of the Board Meeting for the purpose of 35th Annual General Meeting (35th AGM) transacted the following 1.Aprroved The Notice of 35th AGM. 2.Re-appoint of Director Retire by rotation 3.Appointment of Scrutinizer 4.Approved the proposed scheme of Reduction of Share Capital

08.09.2026 The Manager Department of Corporate Services BSE Limited P.J.Towers, Dalal Street MUMBAI – 400 001 Ref : Scrip Code 513513 Sub : Outcome of Meeting of Board of Directors under Regulation 29 and 30 of the SEBI (listing Obligations and Disclosure Requirements) Regulations, 2015 Dear Sir/Madam, Pursuant to Regulation 29 & 30 of the SEBI (Listing Obligation and Disclosure Requirement) Regulation, 2015 we wish to inform and confirm you that the Board of Directors of the Company has met today i.e. 08.09.2026 and transacted the following business were duly considered and approved by the Board: 1. Approved the date, time of 35th Annual General Meeting (AGM) of the company to be held on Wednesday, 30th September, 2026 at 5.30 P.M through Video conferencing (VC) or other Audio Visual Means (OVAM). 2. Approved the Notice of 35th AGM and Director's report for the Financial Year Ended 31st March, 2026 will all annexures. 3. Fixed the date for closure of Register of Members and Share Transfer Books from Thursday 24th September 2026 to Wednesday 30th September, 2026 (both days inclusive) for the purpose of Annual General Meeting pursuant to Regulation 42 of the SEBI (Listing Obligation and Disclosure Requirement) Regulation, 2015. 4. Approved the Annual Report of the Company for the Financial Year 2025-2026 with all annexures. 5. Approved the Secretarial Audit Report for the Financial Year 2025-26. 6. Fixed the Record Date as well as Cut-off Date as Wednesday 23rd September, 2026 for the purpose of determining the members entitled for e-voting to cast their vote electronically. 7. Appointed Central Depository Services (India) Limited (CDSL) to handle the E voting process at the Ensuing Annual General Meeting. 8. Fixed the remote E-voting period and the duration. The E-voting shall commence from Sunday, 27th September, 2026 at 9.00 A.M and ends on to Tuesday, 29th September, 2024 at 5.00 P.M. 9. Approved the Appointment of M/s Vivek Surana and Associates, Practising Company Secretaries Hyderabad, represented by its proprietor CS Vivek Surana (ICSI Membership NO. A24531 CP No. 12901) to act as Scrutinizer to scrutinize the e-voting for the 35TH AGM in a fair and transparent manner. Contd-2- 10.Recommended the re-appointment of Mrs. Sushila Kabra (DIN :01432698) Director of the Company who retiring by rotation and eligible herself for re-appointment at the 35th AGM. (Brief profile is attached in Annexure-A). 11.Based on the Recommendation of Nomination and Remuneration Committee, the board Recommends to regularize the Appointment of Additional Director of Mr. Vemula Jalaprasad (DIN: 11358329) as Executive Whole Time Director of the Company for a period of 3 years with effect from 23rd March , 2026 subject to approval of shareholders at the ensuing AGM. (Brief profile is attached in Annexure- 12.Proposal for Scheme of Reduction of Capital of the Issued, Subscribed and Paid- up Share capital of the Company under Section 66 and other applicable provisions of the Companies Act, 2013 ("Act") ("Scheme"), providing for the reduction and re-organisation of the capital of the Company. The Scheme, as approved by the Board, shall be made available on the website of the Company after filing the same with BSE Limited. The approval of the Scheme by the Board is subject to receipt of the necessary approvals from the shareholders of the Company, the Hyderabad Bench of the National Company Law Tribunal (NCLT) and such other statutory and regulatory approvals as may be required. (Annexure-B) The meeting commenced at 17:30 hrs. and ended at 19:00 hrs. at the registered office of the Company. Please take the above information on records and acknowledge the receipt of the same. Thanking you. Yours faithfully, For ADITYA ISPAT LIMITED CS VARSHA PANDEY Company Secretary Cum Compliance Officer M.NO.: A72878 Anexure-A Information under Regulation 30 of the SEBI (Listing Obligation and Disclosure Requirements) Regulations ,2015. Name of the Appointee Shri Vemula Jalaprasad Smt Sushila Kabra Reason for change viz Re- Re-appointment as Non-Executive Based on the recommendation of the appointment Women Director retire by rotation Nomination and Remuneration Committee of the Company, the Board of·Directors has approved the appointment of Mr. Vemula Jalaprasad as an Additional Director and Whole Time Executive Director (Executive and Non-Independent Director category). Date of Appointment Date of Appointment : w.e.f. 23rd March 2026, 08.09.2026 as Rotational Director Term cf Appointment : For Three (3) years period i.e. subject to the approval of the From 23.03.2026 to 22.03.2029 The said members in the ensuing Annual reappointment is subject to approval of shareholders at General Meeting. the ensuingt Annual General meeting. Term of Appointment 3 years Liable to retire by rotation as Rotational Director Brief profile (in case of Smt. Sushila Kabra is a Graduate Appointment) Mr Vemula Jalaprasad holds a Postgraduate in Arts She has vast experience in degree in Structural Engineering from Jawaharlal running Small Scale Industries. Nehru Technological University, Kakinada. He is a results-driven civil engineering professional with over a decade of experience in infrastructure and project management. With a strong focus on engineering prec1s1on, operational excellence, and sustainable development, he plays a key role in delivering high-quality, reliable, and cost- effective solutions. His leadership approach integrates strategic planning, resource optimization, and strict quality control. Disclosure of ' Not Applicable Smt. Sushila Kabra is not related to Relationships between Directors ( any Directors of the Company in case of appointment as a director), Information as required under Mr Vemula Jalaprasad is not debarred from holding Smt. Sushila Kabra is not debarred Circular No/LIST/COMP/14/2018- office of a Wholetime Executive Director. from holding office of a Non- 19 issued by BSE. Executive Director. Annexure-B Disclosure of information pursuant to Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, read with SEBI Master Circular HO/49/14/14(7)2025-CFD-POD2/I/3762/2026 as issued on July 11, 2023, and updated on January 30, 2026. Details and reasons for Restructuring The proposed Scheme of capital reduction of the issued, subscribed and paid-up share capital of the Company contemplates the cancellation and extinguishment of 50,82,500 (Fifty Lakhs Eighty- Two Thousand Five Hundred only) fully paid-up equity shares of ₹10 (Rupees Ten only) each on a pro-rata basis. The cancellation of these equity shares is being undertaken to realign and reorganize the equity capital structure of the Company, thereby better reflecting the current capital base. The Board of Directors believes that this capital reduction is necessary to set off the past year(s) accumulated losses to give a true and fair view of the Company’s financial position. Quantitative and/or qualitative Effect of The proposed capital reduction will result in a reduction of the Restructuring Company’s paid-up equity share capital from Rs. 5,35,00,000/- (Rupees Five crores Thirty-Five lakhs only) comprising 53,50,000 equity shares of ₹10 each to Rs. 26,75,000/- (Twenty-Six Lakhs Seventy-Five Thousand only) comprising 2,67,500 equity shares of ₹10 each, by cancelling and extinguishing 50,82,500 (Fifty Lakhs Eighty-Two Thousand Five Hundred only) equity shares on a pro- rata basis. As a consequence of this cancellation, the Company proposes to set off Rs. 5,08,25,000/- (Five Crores Eight lakhs Twenty-Five Thousand only) out of the total accumulated losses against the reduced share capital resulting in a significant reduction of accumulated losses lying in the Company’s balance sheet. The restructuring is intended to improve the net worth of the Company and present a clearer and more accurate depiction of its financial position by eliminating a substantial portion of past losses. Qualitatively, [Showing first 8,000 characters — download PDF for full document]