As per Attachment

(Formarly known as Steelman Telecom Private Limited) Dated: 25.09.2026 The Manager Corporate Rela(cid:415)onship Department Bombay Stock Exchange Limited 1st Floor, New Trading Wing, Phiroze Jeejeebhoy Tower Dalal Street, Fort, Mumbai-400001. Scrip Code: BSE: 543622 Dear Sir/Madam, Subject: Disclosure pursuant to Regula(cid:415)on 30 read with Para A(1) of Part A of Schedule III of the SEBI LODR Regula(cid:415)ons - Sale of stake in Subsidiary resul(cid:415)ng in cessa(cid:415)on of Subsidiary Status. Pursuant to Regula(cid:415)on 30 read with Para A(1.4) of Part A of Schedule III of the SEBI (Lis(cid:415)ng Obliga(cid:415)ons and Disclosure Requirements) Regula(cid:415)ons, 2015, we hereby inform that the Board of Directors of Steelman Telecom Limited at its mee(cid:415)ng held on Friday, 25th September 2026, approved the sale/transfer of 75,000 (Seventy-Five Thousand) equity shares of EC Wheels India Private Limited (“EC Wheels”), represen(cid:415)ng approximately 0.61% of the equity share capital of EC Wheels, at Rs. 10/- (Ten) per share, aggrega(cid:415)ng to Rs. 7,50,000/- (Rupees Seven Lakh Fi(cid:332)y Thousand), being the price determined as per the valua(cid:415)on report received from Mr. Mayank Sharma, Registered Valuer (Securi(cid:415)es or Financial Assets – IBBI), Registra(cid:415)on No. IBBI/RV/03/2022/15021. The transfer will reduce the Company’s shareholding in EC Wheels from 50.08% to 49.47%, and upon comple(cid:415)on of the transfer, EC Wheels will cease to be a subsidiary of the Company. The details as required under Clause 1 of Para A of Part A of Schedule III of the SEBI (Lis(cid:415)ng Obliga(cid:415)ons and Disclosure Requirements) Regula(cid:415)ons, 2015 read with SEBI Master Circular No. SEBI/HO/CFD/PoD2/CIR/P/0155 dated 11th November 2024 (as amended) are provided in Annexure The Mee(cid:415)ng commenced at 12:00 Noon and concluded at 01:00 P.M. Thanking You, Yours faithfully, For STEELMAN TELECOM LIMITED (Formerly Known as Steelman Telecom Private Limited) ---------------------------------------------------------- APARUPA DAS (Company Secretary & Compliance officer) Meb No: A42450 Corporate Office: Mani Casadona, Flat No 15E1, Floor No-15, Plot No-IIF/04, Street No-372, Ac(cid:415)on Area-IIF, New Town, Kolkata-700156. Website: www.steelmantelecom.com | Email: contact@steelmantelecom.in | Phone No. +91-8443022233 | CIN No. L55101WB2003PLC096195 (Formarly known as Steelman Telecom Private Limited) Annexure-A Sale Equity Share of Subsidiary of Listed En(cid:415)ty Par(cid:415)culars Details a) Amount and percentage of The amount and percentage of the turnover turnover/revenue/income and net contributed by such subsidiary of the listed en(cid:415)ty worth contributed by EC Wheels during during the last financial year: the last financial year Amount: Rs. 4361.76 lakhs Percentage Contribu(cid:415)on: 18.94% The amount and percentage of the net worth/net Assets contributed by such subsidiary company of the listed en(cid:415)ty during the last financial year: Amount: Rs. (2274.43) lakhs Percentage Contribu(cid:415)on: (79.41%) b) Date on which the agreement for 25th September 2026 sale has been entered into c) Expected date of comple(cid:415)on of Prior to 30th September 2026, however the share sale/disposal transfer may take addi(cid:415)onal (cid:415)me in ordinary course as per regular business prac(cid:415)ce of the depositories and depositary par(cid:415)cipants. d) Considera(cid:415)on received from such 75,000 equity shares sold at total considera(cid:415)on of sale/disposal Rs.7,50,000/-. e) Brief details of buyers and whether 1. Mr. Mohit Agarwal, Chief Financial Officer of the any of the buyers belong to Company - 25,000 equity shares promoter/promoter group/group companies 2. Mr. Ujjwal Biswas, Project Finance Manager of the Company - 25,000 equity shares, and 3. Mr. Susanta Chowdhury, Senior Manager of the Company - 25,000 equity shares. None of the aforesaid buyers belongs to the Promoter/Promoter Group of the Company. f) Whether the transac(cid:415)on would fall Mr. Mohit Agarwal, being the Chief Financial within related party transac(cid:415)ons? If Officer/KMP of the Company, is a related party and the yes, whether the same is done at “arm's transac(cid:415)on with him shall be dealt with in accordance length” with applicable provisions governing related party transac(cid:415)ons. The transac(cid:415)on is proposed to be undertaken on an arm's length basis. In respect of Mr. Ujjwal Biswas, Project Finance Manager and Mr. Susanta Chowdhury, Senior Manager, the transac(cid:415)on does not cons(cid:415)tute a related party transac(cid:415)on merely by virtue of their being employees Corporate Office: Mani Casadona, Flat No 15E1, Floor No-15, Plot No-IIF/04, Street No-372, Ac(cid:415)on Area-IIF, New Town, Kolkata-700156. Website: www.steelmantelecom.com | Email: contact@steelmantelecom.in | Phone No. +91-8443022233 | CIN No. L55101WB2003PLC096195 (Formarly known as Steelman Telecom Private Limited) of the Company, subject to there being no other rela(cid:415)onship/qualifica(cid:415)on under applicable law. g) Whether the sale, lease or disposal Not Applicable of the undertaking is outside Scheme of Arrangement? If yes, details including compliance with Regula(cid:415)on 37A h) In case of a slump sale Not Applicable. Corporate Office: Mani Casadona, Flat No 15E1, Floor No-15, Plot No-IIF/04, Street No-372, Ac(cid:415)on Area-IIF, New Town, Kolkata-700156. Website: www.steelmantelecom.com | Email: contact@steelmantelecom.in | Phone No. +91-8443022233 | CIN No. L55101WB2003PLC096195