Shareholders meeting

SL,At STEEL SUNFLAG IRON & STEEL CO. LTD. REGO, OFFICE : Throueh Online Filine 33/1, MOUNT RoAD, SADAR, NAGPUR" 440 001. MH, (tNDlA) PH : 0712-252,1561. 2532901, 2520356, 2520358 FAX: 0712-25m360 E-Mail : admin@iunflagsleel.on SECY/202615tock Exchange/2 1 5-2 1 6 Website : *rr.sunflag$eel.com Friday, the 25th September, 2026 CIN: U71mMH1 98,4P1C03,1003 To, To, Deputy General Manager, The Manager, Listing Department, Department of Corporate Services, National Stock Exchange of India Limited BSE Limited "Exchange Plaza" , C - 1, Block G, Phiroze Jeejeebhoy Towers, Bandra - Kurla Complex, Bandra (East), Dalal Street, [,IUMBAI - 4O() OOI MUMBAI - 4()() 051 Ref: Ref: Script Code: BSE - 500404 Script Code: NSE - SUNFLAG Sub: Outcome and Proceedings of the 40th Annual General Meetins - Friday. the 25th September,2026 at 12:00 PM (lST). The Ministry of Corporate Affairs ("MCA") has vide General Circular No. 03/2025 dated September 22, 2025 has permitted Companies to hold their AGM through VC/OAVM until further notice, without the physical presence of the members at a common venue. Pursuant to Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, we wish to inform that the 40th AGM of the Company was held on Friday, the 25'h September, 2026 at 12.00 p.m. (lST) through VC/OAVM. The following items of business as set out in the Notice of 40th AGM dated 1 lth August, 2025 were transacted at the meeting: I To receive, consider and adopt the Audited Financial Statements (Standalone and Consolidated) of the Company for the Financial Year 2025-26 ended 3 I't March, 2026, including, the Balance Sheet as at 3l't March, 2026, Statement of Profit and Loss and Cash Flow for the FinancialYear 2025-26, together with the Board's Report and Report of the Statutory Auditors thereon. 2 To declare final dividend @10% (i.e. 1/- per share) on Equity Share of face value of l0/- ({ Ten) each for the Financial Year ended 3l'r March,2026. 3 To appoint a director in place of Mr. Ravi Bhushan Bhardwaj (DIN - 00054700), who retires by rotation and, being eligible, offers himself for re-appointment. 4. Appointment of Mr. Mukund Prabhakar Chaudhari (DIN: 05339308), as a Director (Category-Non-executive, Independent) of the Company, and also for t term of Forty (40) months, as an Independent Director of the Company. Visit us at www.sunflagsteel.com - r ' G E& B IEr {O { -r f dr If UI i l 1Iy lI a0lR I+R , d:2{ rFt0 $1 hr 5 - oRm 1s A $ I *o O0C *2 dr Y1 .E 0 d5 E r5.: i S i EE 0 } IEo17 { f : F C0Dl L 1m ot d1F G {B . 9 f ; { ft 5t f iC Ii oi 6lC 0 tft If lO Oi *Jf S{ *l . n dSn c0 @ or t I 1 H e T hL 7 i lo uR. o rs eEM [ 8Ur r J - r fi ao Ot o mr fcrf r o R if m tr f 7&t R- f; J8 oS ir| DE *.S "S ,Pr *ft( . j^ f. fh ir" a (,l "\l it ./ r 6 ! a m l Io E!5u u/ t& :f f t R t. mf C l .i ([ ra {? s rE x .FE l8 2{ l ml l f&r l€r 0ll {t tH 1F i z? a cL Ps rv0 E I l Pa l( s RR t{ |t r . $Y ,13 l a Eg t j- r C. 10 71 :n n.a [ml1X &5 r,A aX e1 rlt &2, r7 r E'! E/6 M1 {- 1 d 67 f 0,b t tRF S + rL A * 200 O i$0 llf lF lR l A2fur . t mc Ma sE O . n i ll { Y lz. br G6l r 1 $r 1 rl lzl R 0 dr Bu O l {l m$ 1* Eic lz&rna$dcor 5. Re-appointment of Mr. Ramchandra Vasant Dalvi (DIN - 00012065), as a Director (Technical) (Category-Non-independent, Executive), designated Managerial Personnel of the Company, liable to retire by rotation, for a further period of three (3) years effective 14th August, 2026. 6 Ratification of remuneration of Cost Auditors of the Company for the Financial Year 2026-27. The voting results along with the Scrutinizer's Report will be available on the Company's website at www.sunflagsteel.com and on the website of the National Securities Depository Limited at www.evotins.nsdl.com. Same will also be made available on the website of BSE Limited www.bseindia.com and National Stock Exchange of India Limited www.nseindia.com. Further, the Summary of the proceedings of 40s Annual General Meeting of the Company is attached herewith for your reference and record. You are requested to take the above submission on record. For Sunflag Iron and Steel Company Limited CS Ashutosh Mishra Head Company Secretary & Compliance Officer art ACS - 23011 2 m e-Mail: avm@sunfl agsteel.com Phone No: +91 7 12 2524661 0 33/1, Mount Road, Sadar, Nagpur - 440001. PROCEEDINGS OFTHE FOURTIETH (4OTH) ANNUAL GENERALMEETING OF THE MEMBERS OF SUNFLAG IRON AND STEEL COMPANY LIMITED HELD oN FRIDAY, THE 25th DAY OF SEPTEMBER, 2026 AT 12.00 P. M. (IST) THROUGH VIDEO CONFERENCING ("VC') OR OTHER AUDIO-VISUAL MEANS (,OAVM"). DEEMED VENUE OF THE REGISTERED OFFICE - 33/I, MOUNT MEETING ROAD, SADAR, NAGPUR-44OOOl MH, DIRECTORS PRESENTTHRO UGH VIDEO CONFERENCING: MR. RAVI BHUSHAN BHARDWAJ NON_EXECUTIVE, CHAIRMAN MR. M.A.V. GOUTHAM NON_EXECUTIVE, INDEPENDENT DIRECTOR 3 MUKUND PRABHAKAR NON EXECUTIVE, INDEPENDENT CHAUDHARI DIRECTOR 4 MR. PRANAV BHARDWAJ MANAGING DIRECTOR 5 MR. RAMCHANDRAV. DALVI DIRECTOR (TECHNICAL) 6 MR. SUHRIT BHARDWAJ NON.EXECUTIVE DIRECTOR MR. TIRTHNATH JHA NON_EXECUTIVE, INDEPENDENT DIRECTOR CAVINITABAHzu NON.EXECUTIVE, INDEPENDENT DIRECTOR ALSO PRESENTTHROUGH VIDEO CONFERENCING: CS ASHUTOSH MISHRA HEAD COMPANY SECRETARY & COMPLIANCE OFFICER MR. S. MAHADEVAN IYER CHIEF FINANCIAL OFFICER CAGAURAV LODHA PARTNER, M/S. LODHA & CO LLP, CHARTERED ACCOUNTANTS, NEW DELHI (STATUTORY AUDITORS) 4 CS TzuBHUWNESHWAR B. PARNER, M/S. DM & ASSOCIATES KAUSHIK COMPANY SECRETARIES LLR MUMBAI (SECRETARIAL AUDITORS) CS RACHNADAGA SCRUTINIZER MEMBERS PRESENT THROUGH VIDEO CONFERENCING/OTHER AUDIO-VISUAL MEANS - 72 (SEVENTY-TWO) PROCEEDINGS: STATUTORY RECORDS AND REGISTERS: The Statutory records, Statutory Register/s and such other documents as required to be maintained by the Company were made available as per the provisions of law. CHAIRMAN OF THE MEETING: As per Article 94 of the Articles of Association of the Company, Chairman of the Company shall be the Chairman of the Annual General Meeting. Accordingly, Mr. Ravi Bhushan Bhardwaj, Non-executive Chairman of the Company took the chair and presided over the 40th Annual General Meeting of the Company held through Mdeo Conferencing / Other Audio-Visual Means, without the physical presence of the members at a common venue, as per the provisions of the Companies Act, 2013, the Securities Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015 and the Circular issued by the Ministry of Corporate Affairs. QUORUM: Requisite valid quorum i.e. minimum thirty (30) members were present through Mdeo Conferencing/Other Audio-Visual Means at the commencement of the meeting, the Chairman declared the meeting open and welcomed the members present. Since there was no physical attendance of members and in compliance with the Circular issued by the MCA, members were informed that the requirement of appointing proxies is not applicable. The requisite valid quorum was also present while continuation of the meeting and transacting all the business agenda items. INTRODUCTION: The above-named Directors of the Company were present at the meeting virtually from the various locations in India and abroad. The Directors were introduced to the members. It was further informed to the members that, Chief Financial OIficer of the Company, representatives of Statutory Auditors, Secretarial Auditors and Scrutinizers for processing the remote e-voting and the e-voting at the AGM, are also present at the meeting virtually. It was further informed that the Chairman of the Audit Committee, Nomination and Remuneration Committee and Stakeholders Relationship Committee were present at the meeting. The Head Company Secretary of the Company was also present. CHAIRMAN'S SPEECH: Due to some technical issues related to intemet at the Chairman's end, Mr. Ramchandra V. Dalvi, Director Technical read the Chairman Speech on behalf of Chairman, in the speech it was apprised to the members that in order to see the future of your company, we need to [Showing first 8,000 characters — download PDF for full document]