Outcome of Board meeting dated 22.07.2026

- NILACHAL REFRACTORIES LTD. et/ CIN: L269390R1977PLC000735, GSTIN: 21AABCN124IN1ZS Flat No.23, 3"'Floor, Block ‘D" Chowringhee Mansion, 30 J N Road, Kolkata — 700016, INDIA Tel:033 40029301/302/ 400, Fax:03322499511 /8256, Email:info@nilachal.in Date: 22 July 2026 BSE Limited CSE Limited Department of Corporate Services Floor 7 Lyons Range, 25, P.J. Towers Kolkata - 700001 Dalal Street, Mumbai-400001 Scrip Code: 502294 Scrip Code: 19120 Subject: Outcome of the Meeting of the Board of Directors Dear Sir/Madam, Pursuant to Regulation 30 read with Schedule Ill and other applicable provisions of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, we wish to inform you that the Board of Directors of Nilachal Refractories Limited ("Company"), at its Meeting held today, i.e., Wednesday, 22 July 2026, has, inter alia, considered and approved the following: 1. The proposal for sale/transfer/disposal of the aforesaid movable assets, which may constitute disposal of substantially the whole of the undertaking of the Company within the meaning of Section 180(1)(a) of the Companies Act, 2013, subject to the approval of the shareholders of the Company and such other statutory and regulatory approvals as may be required. 2. Entering into the proposed Related Party Transaction(s), wherever applicable, in connection with the aforesaid transaction, subject to the approval of the shareholders and other applicable approvals in accordance with the provisions of the Companies Act, 2013 and the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. 3. Convening an Extra-Ordinary General Meeting ("EGM") of the Members of the Company on Tuesday, 4 August 2026 to seek the approval of the shareholders for the aforesaid matters and approving the Notice of the EGM together with the Explanatory Statement pursuant to Section 102 of the Companies Act, 2013. The Meeting of the Board of Directors commenced at 11:30 A.M. and concluded at 12:40 P.M. The Notice convening the EGM along with the Explanatory Statement shall be circulated to the Members of the Company in due course and will also be made available on the website of the Company. Kindly take the above information on record. Thanking you. Yours faithfully, For Nilachal Refractories Limited Mr. Mukesh Kumar Shaw Company Secretary & Compliance Officer ACS No.: 80201 Works: Ipitata Nagar, Gundichapada, Dhenkanal-759025, Odisha, Email ntl.dnk@gmail.com Regd Office: P-598/599, Kedarnath Appartment, Mahabir Nagar, Lewis Road, Bhubaneswar-751002 (Odisha)