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, SUB: OUTCOME OF THE MEETING OF THE BOARD OF DIRECTORS OF STEELMAN TELECOM LIMITED HELD ON FRIDAY, SEPTEMBER 25, 2026. Pursuant to Regula(cid:415)on 30 of the SEBI (Lis(cid:415)ng Obliga(cid:415)ons and Disclosure Requirements) Regula(cid:415)ons, 2015, we wish to inform you that the Board of Directors of Steelman Telecom Limited (“the Company”) at its mee(cid:415)ng held on Friday, September 25, 2026, inter alia, considered and approved the following: Sale/Transfer of Equity Shares of EC Wheels India Private Limited The Board approved the sale/transfer of 75,000 (Seventy-Five Thousand) equity shares of EC Wheels India Private Limited (“EC Wheels”), represen(cid:415)ng 0.61% of its equity share capital, at Rs.10/- (Ten) per equity share, aggrega(cid:415)ng to Rs.7,50,000/- (Rupees Seven Lakh Fi(cid:332)y Thousand), to the following persons: Name of Transferee Posi(cid:415)on No. of shares Considera(cid:415)on (Rs.) Mr. Mohit Agarwal Chief Financial Officer & 25,000 2,50,000 Mr. Ujjwal Biswas Project Finance Manager 25,000 2,50,000 Mr. Susanta Chowdhury Senior Manager 25,000 2,50,000 Total 75,000 7,50,000 The price of Rs.10/- per equity share has been determined based on the valua(cid:415)on report issued by the Registered Valuer, Mr. Mayank Sharma (Securi(cid:415)es or Financial Assets (IBBI)) bearing Registra(cid:415)on No: IBBI/RV/03/2022/15021 for this purpose. The Company presently holds 50.08% in EC Wheels and, upon comple(cid:415)on of the proposed transfer, its shareholding will stand at approximately 49.47%. The Board noted that the transac(cid:415)on with Mr. Mohit Agarwal, CFO (KMP), cons(cid:415)tutes a Related Party Transac(cid:415)on, which has been approved by the Audit Commi(cid:425)ee and is on an arm’s length basis and within the applicable materiality threshold. The transac(cid:415)ons with the other two employees do not cons(cid:415)tute Related Party Transac(cid:415)ons merely by virtue of their employment. 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) The Board further noted that the proposed transac(cid:415)on is in accordance with the Material Subsidiary Policy of the Company. Further, being an SME-listed en(cid:415)ty, the Company is exempt from the applicability of Regula(cid:415)on 24(5) of the SEBI LODR Regula(cid:415)ons, pursuant to the applicable provisions of Regula(cid:415)on 15(2). The Board accordingly approved the transac(cid:415)on, subject to comple(cid:415)on of applicable legal and regulatory formali(cid:415)es. The mee(cid:415)ng commenced at 12.00 NOON and concluded at 1.00 P.M. Kindly take the same in your record. 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