Proceedings of 38th AGM.

S' MHHHMHYH f'""*~<, STEELINDUSTRIES LIMITED w CIN : L271070T1988PLC004607 ISO9001:2015 IS2062:2011 Phone : 0771 4910058 REGD. OFFICE & WORKS : 091099 88271 B/8-9, Sector-C, Sarora, E-mail : marketing@mahamayagroup.ln Urla Industrial Complex, Website : www.mahamayagroup.in Raipur-493 221 Chhattisgarh Ref: MSIL/2026-27/ Date: 25.09.2026 The Manager The Secretary, Listing Department National StockExchange ofIndia Limited BSE Limited Exchange Plaza, 5th Floor, PlotNo. C/l Phiroze JeejeebhoyTowers, G Block, Bandra-Kurla Complex, Bandra(E) Dalai Street, Mumbai -40000I Mumbai -.400 00I Maharashtra, India Maharashtra, India Svmbol: MAHASTEEL Scrip Code: 513554 Dear Sir/ Madam, I Subject: Summary oftheproceedings ofthe 38"'Annual General Meeting. The 38t1' Annual General Meeting("AGM") ofthe MembersoftheCompanywas heldtoday i.e. 25* September, 2026 at 12.00 noon through Video Conferencing ("VC") / Other Audio Video Means ("OAVM"). 39 members attended the meeting through VC/OAVM. Mr. Rajesh Agrawal, Managing Director chaired the Meeting. The l requisitequorum being present,the Chairmancalled themeetingtoorder. All theDirectors,Auditors, Scrutinizer of theCompanywerepresentintheMeetingthroughVC/OAVM.TheChairmandeliveredhisspeech.Thereafter, it has been informedtothe Members thatthe Company had provided remote e-Voting facility to cast theirvote on all the resolutionsas setforth intheNotice ofthe38'*'Annual General Meeting. The Memberswere informed that the remote e-Voting commenced at 9.00 a.m. on 22"'* September, 2026 and ended at 5.00 p.m. on 24* September, 2026. Further. the facility for voting through electronic voting system during the Meeting and 15 minutes afterthe meeting wasalso made availabletothe Members. 7`he meeting commenced at 12:00 noon (IST) and concluded at 12:23 pm (IST) (including time allowed for e- voting at AGM). _ The following resolutionsenlisted intheNotice ofthe 38"'AGM weretransacted at the Meeting: Typeof Business Item Resolution Resolution ORDINARY Ordinary l ADOPTION OFTHE AUDITED STANDALONE FINANCIAL STATEMENTOF RESOLUTION THECOMPANYFORTHEFINANCIALYEARENDED31st MARCH,2026AND THE REPORTSOFTHEBOARDOFDIRECTORS AND AUDITORSTHEREON ADOPTION OF THE AUDITED CONSOLIDATED FINANCIAL STATE ORDINARY OFTHE COMPANY FORTHE FINANCIAL YEAR ENDED 3Is! MARCH, 2026 RESOLUTION ANDTHEREPORTOF AUDITO /RS , Asl'h. ;.e» ./,OIs /,5x E RAIPUR 12 (C.G.) APPROVED SUPPLIER OF BSR BHEL, DGS&D, DM NTPC, SEBs, RDSO, CORE,ONGC, GAIL, EIL MANUFACTURERS JOIST, CHANNEL,ANGEL, ilU5TT'R6UND, CROSSING SLEEPEH BAR, BLOOM, BILLETetc. I' I 3 KE-APPOINTMENT OF MR. SURESH RAMAN (DIN: 07562480) AS A NON- ORDINARY EXECUTIVE NON-INDEPENDENT DIRECTOR LIABLE TO RETIRE BY RESOLUTION ROTATION 4 APPOINTMENT OF M/S. CHOPRA A J & ASSOCIATES, CHARTERED ORDINARY ACCOUNTANTSASTHESTATUTORYAUDITORSOFTHECOMPANY: l 5 RE-APPOINTMENT OF MS. VANITHA RANGAIAH (DIN: 09211334) AS AN RESOLUTION SPECIAL INDEPENDENTDIRECTOROFTHECOMPANY RESOLUTION 6 RATIFICATION OF REMUNERATION PAYABLE TO M/S. SANAT JOSH! & ORDINARY ASSOCIATES,COSTAUDITORSOFTHECOMPANY RESOLUTION 7 TO APPROVE THE OVERALL BORROWING LIMITS U/S l80(l)(c) OF THE SPECIAL COMPANIESACT,20I3: RESOLUTION r 8 TOSEEK APPROVAL UNDERSECTION I80(I)(a)OFTHECOMPANIESACT, SPECIAL 2013 INTERALIA FOR CREATION OF MORTGAGE OR CHARGE ON THE RESOLUTION ASSETS PROPERTIESORUNDETAKINGSOFTHECOMPANY. 9 TO INCREASE IN THRESHOLD OF LOANS / GUARANTEE,PROVIDING OF Special SPECIAL SECURITIES AND MAKING OF INVESTMENTS IN SECURITIES UNDER RESOLUTION SECTION 186OFTHECOMPANIESACT,2013: 10 TO SEEK APPROVAL TO ADVANCE ANY LOAN/GIVE SPECIAL GUARANTEE/PROVIDE SECURITY UNDER SECTION 185 OF THE RESOLUTION COMPANIESACT,2013: II APPROVAL OF MATERIAL RELATED PARTY TRANSACTIONS FO SALE, ORDINARY PURCHASEANDSERVICES RESOLUTION 12 APPROVAL OF MATERIAL RELATED PARTY TRANSACTIONS FOR ORDINARY AVAILINGOF FINANCIALASSISTANCEBY WAYOF UNSECUREDLOANS RESOLUTION FORSOLARPOWERPROJECT The Chairman informed the Members that the voting result ofall the resolutions from Item Nos. l to 12 ofthe Notice ofthe 38111 AGM will be declared and forwarded to Stock Exchanges in the format prescribed under Regulation 44ofthe SEBI (Listing Obligations & Disclosure Requirements)Regulations, 2015 and will also be published on the website ofthe Company and NSDL within 48 hours ofthe conclusion ofthe meeting. Kindly acknowledge the receipt. . Thanking You, Yours truly, gx931Z Tb %» For,Mahamaya SteelIndustrie IPUR (C.G.) Q Ra Jaswinder KaurMission e. CompanySecretary&Compliance M.No. FCS7489 I