Summary of the Proceeding of the 49th Annual General Meeting (AGM) of the Company held on 26.09.2026.

NILACHAL REFRACTORIES LTD. CIN: L269390R1977PLC000735. GSTIN: 21AABCNI24IN1ZS Viswakarma Building, 86C Topsia Road, Novth East Block. 1" Floor, Kolkata-700046, INDIA Email: ¢s@nilachal.in, Mob: 8013487872 Dated : 26' September 2026 BSE Limited T Ph hie oD ze ep a Jr et em je en et ho of C To or wp eo rr sa te Services oh le aC oa tnl asc u —Rt at 7na 0t o 0c 1k Exchange Limited Dalal Street Mumbai - 400001 Scrip Code: 502294 Scrip Code:19120 Dear Sir / Madam, R2S eu 6 qb t u: h i rS eSu mem ep nm t tea smr )by e R r eo , gf u lP 2 ar t0o ic 2 oe n6e s d ,i pn 2ug r 0s s 1 u 5o af n tt he f o An Rn eu ga ul l aG te in oe nr a 3l 0 M e oe ft in Sg E Bo If (N Li il sa tc inh ga l OR be lf ir ga ac tt ior oi ne ss aLi nm di te Dd i sh ce ll od s uo rn e pDP i ru sr ocs clu eoa esn dut ir e t go R eR oqe fug iu tl r ha e et m i eo Ann t s n) u3 a0 R er Gge u ea l nd a t riw aoi n lt sh , P ea e2r t0t i1 n5A g, o (f p l AS e Gc a Mh se "ed )u fl oie n d Il tl he eo n f c Clt o oh s me e pdS E nB h yI e re( hL w ei i ls tt dhi n g nt hO eb l ai tsg uua rt m di m ao a yn ,rs y 2a én o Md f September, 2026. This is for your information and record. Thanking You Yours faithfully, For Nilachal Refractories Lipited W‘Wfi ¥ Men~ Mukesh Kumar Shaw Company Secretary & Compliance Officer Mem No.: 80201 Encl.: As above Works: Ipitata Nogar, Gundichapada. Dhenkanal-759025, Odisha, Email: nrl dnk@gmail.com Regd. Office: P-598 599, Kedarnath Appartment. Mahabir Nagar.Lewis Road, Bhubaneswar-751002 (Odisha) fmd NILACHAL REFRACTORIES LTD. wr, ’ CIv N: L269-3~ 90R1977PLC0\ 00735.z G~ S Q TT I N: 21AABCN“ 1241N1ZS Viswakarma Building, 86C Topsia Road, North East Block. 1" Floor, Kolkata- 700046, INDIA Email: ¢s@nilachal.in, Mob: 8013487872 SUMMARY OF THE PROCEEDINGS OF THE FORTY-NINTH ANNUAL GENERAL MEETING (“AGM”) OF NILACHAL REFRACTORIES LIMITED The Forty-Ninth Annual General Meeting (“AGM") of the Members of Nilachal Refractories Limited (“the Company”) was held on Saturday, 26th September, 2026 at 11:30 A.M. (IST) through Video Conferencing (“VC”)/Other Audio Visual Means (“OAVM”), in accordance with the applicable provisions of the Companies Act, 2013, rules framed there under, Secretarial Standards and applicable circulars issued by the Ministry of Corporate Affairs (*MCA”") and the Securities and Exchange Board of India (“SEBI"). The Meeting commenced at 11:30 A.M. and concluded at 11:53 AM. The requisite quorum being present, the Meeting was called to order. Mr. Vimal Prakash, Chairman, chaired the proceedings of the Meeting. He welcomed the Members present at the Meeting and introduced the Directors and Key Managerial Personnel present. The Chairman informed the Members that the statutory registers and other relevant documents as required under the Companies Act, 2013 were available for inspection by the Members in accordance with the applicable provisions. The Chairman thereafter addressed the Members and briefed them on the performance and affairs of the Company and the businesses proposed in the Notice convening the 49th AGM. With the consent of the Members present, the Notice convening the AGM along with the Explanatory Statement annexed thereto was taken as read. The Chairman further informed the Members that pursuant to the provisions of Section 108 of the Companies Act, 2013 read with the applicable Rules framed there under, Secretarial Standard on General Meetings (“SS-2") and Regulation 44 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, the Company had provided remote e- voting facility through National Securities Depository Limited (‘“NSDL”). The remote e-voting commenced on Wednesday, 23rd September, 2026 at 9:00 A.M. and concluded on Friday, 25th September, 2026 at 5:00 P.M. The Chairman informed the Members that Members who had not cast their votes through remote e-voting and were present at the AGM through VC/OAVM could cast their votes through the e-voting facility provided by NSDL during the AGM. Works: Ipitata Nagar, Gundichapada, Dhenkanal-759625, Odisha, Email: nel. dnk@gmail.com Regel. Office: 1-598/599, Kedarnath Appartment, Mahabir Nagar, Lewis Road, Bhubaneswar-731002 (Odisha) - NILACHAL REFRACTORIES LTD. CIN: L269390R1977PLC000735, GSTIN: 2IAABCNI1241IN1ZS Viswakarma Building, 86C Topsia Road, North East Block. 1" Floor, Kolkata-700046, INDIA i Mob: 8013487872 M/s. Rajan Singh & Co., Practicing Company Secretaries, was appointed as the Scrutinizer to scrutinize the remote e-voting process and e-voting during the AGM in a fair and transparent manner. Thereafter, the following items of business as set out in the Notice of the AGM were transacted at the Meeting: [ Reso Nl ou .t ion Particulars ReT sy op le u o tf i on| 1 To receive, consider and adopt the Audited Standalone Financial | Ordinary Statements of the Company for the financial year ended 31st March, | Resolution 2026, together with the Reports of the Board of Directors and Auditors thereon. 2 To appoint a Director in place of Mr. Vimal Prakash (DIN: 00174915), | Ordinary who retires by rotation and, being eligible, offers himself for re- | Resolution appointment. 3(a) Appointment of Mr. Bijay Kumar (DIN: 10552952) as a Non-Executive | Special Independent Director of the Company for a term of five consecutive Resolution L years, from 25th August, 2026 to 24th August, 2031. - 3(b) Appointment of Ms. Priyanka Poddar (DIN: 10481007) as a Non- Special Executive Independent Director of the Company for a term of five | Resolution consecutive years, from 25th August, 2026 to 24th August, 2031. . 3(c) Re-appointment and continuation of Mr. Pradip Kumar Mohapatra | Special (DIN: 08067067) as a Non-Executive Independent Director upon Resolution attaining the age of 75 years, up to the end of his existing tenure, i.e. 24th September, 2028. 4 Alteration of the Objects Clause of the Memorandum of Association of | Special the Company by insertion of new objects relating, inter alia, to ferro | Resolution alloys, steel and allied products, metallurgical and mineral processing facilities, captive and renewable power projects, fly ash/construction materials, railway and logistics infrastructure and utilisation/recycling of industrial by-products. The Chairman then invited the Members present to express their views and seek clarifications, if any, on the agenda items. The Chairman informed the Members that the consolidated results of remote e-voting and e-voting conducted during the AGM along with the Scrutinizer's Report would be declared within the prescribed timeline and would be submitted to the Stock Exchanges and uploaded on the website of the Company and NSDL. The Chairman authorised Company Secretary and Director to declare the voting results and intimate the same to the Stock Exchanges. The business set out in the Notice of the AGM having been concluded, the Chairman thanked all the Members for attending the Meeting and declared the Meeting as concluded. Works: Ipitata Nagar, Gundichapada, Dhenkanal-759025, Odisha, Email: nrl.dnk@gmail.com Regd. Office: -598/599. Kedarnath Appartment, Mahabir Nagar.Lewis Road, Bhubaneswar-751002 (Odisha) : NILACHAL REFRACTORIES LTD. a2 Vi swakarma C Bu] iN l: d inL g2 ,6 89 63 C9 0 TR o p1 s i9 a7 R7 oP aL dC . O N0 o0 r7 th3 5 E. as tG S BT loI cN k.: 12 ° 1 FlA oA orB . C KN o1 lk2 a4 ta1 —N ~01 0Z 0S 46 . INDIA Email: ¢s@nilachal.in, Mob: 8013487872 T suh be er ce ts o tl ou t ri eo cn es ps th a oll tb he d ree qe um ise id t mo jh oa rv ite .b een passed on Saturday, 26th September, 2026, For Nilachal Refractories Limited (P A T~ Mukesh Kumar Shaw Company Secretary & Compliance Officer Mem No.: 80201 Works: Ipitata Nagar, Gundichapada, Dhenkanal- 3 (@gmail.com Regd. Office: I-398/599, Kedarnath Appartment, M ir Nagar. Lewis Road, Bhubaneswar-751002 (Odisha