Summary of proceedings of the 23rd AGM

September 29, 2026 The General Manager Listing Department BSE Limited P.J. Tower, Dalal Street, Fort, Mumbai 400 001. SCRIP CODE: 532656 Sub: Summary of proceedings of 23rd Annual General Meeting Dear Sir, Pursuant to Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, please find enclosed herewith summary of proceedings of the 23rd Annual General Meeting (AGM) of the Company held today i.e. Tuesday, 29th September, 2026 through Video Conferencing / Other Audio-Visual Means. The AGM Commenced at 12:00 P.M. and concluded at 12:22 P.M. Please note that pursuant to Regulation 44 of the SEBI Regulations, voting results will be submitted to Stock Exchange(s) within 48 hours of conclusion of AGM and will also be placed on the website of the Company. This is for your information and record please. Thanking you, Yours sincerely, For Facor Alloys Limited Sachin Kumar Gupta Company Secretary & Compliance Officer ACS 22874 Email: sachin@falgroup.in Encl. As above SUMMARY OF PROCEEDINGS OF 23RD ANNUAL GENERAL MEETING (AGM) OF FACOR ALLOYS LIMITED, HELD ON TUESDAY, 29TH SEPTEMBER, 2026 AT 12:00 PM The 23rd Annual General Meeting (AGM) of the Company was held on Tuesday, 29th September, 2026 through Video Conferencing (VC)/ Other Audio-Visual Means (OAVM) in compliance with the applicable provisions of the Companies Act, 2013 and SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 and the General Circulars issued by the Ministry of Corporate Affairs (“MCA”) and Circulars issued by the Securities and Exchange Board of India (“SEBI”). The deemed venue for the AGM was registered office of the Company at Shreeramnagar – 535101, Garivadi, Dist-Vizianagaram, Andhra Pradesh, and the meeting was commenced at 12:00 P.M. The following Directors attended the AGM through VC: Sr. No. Name of the Director Designation and Membership of committees 1 Mr. Muralidhar Rambhatla Chairman of the Board (Independent Director) (DIN: 00982212)  Chairman of the Audit Committee  Member of the Nomination and Remuneration Committee  Chairman of the Stakeholders’ Relationship Committee 2 Ms. Vinita Bahri Independent Director (DIN: 03109454)  Member of Audit Committee  Member of Nomination and Remuneration Committee  Member of Stakeholders’ Relationship Committee 3 Mr. Mahendra Bhawanji Independent Director Thaker (DIN: 00004263)  Chairman of Nomination and Remuneration Committee  Member of Stakeholders’ Relationship Committee 4 Mr. Manoj Saraf Non - executive Non - Independent Director (DIN: 00234570)  Member of Nomination and Remuneration Committee Mr. Ashish Santosh Agrawal (DIN: 02148665), Whole-time Director, and Mr. M. D. Saraf (DIN: 00011966), Non-Executive Non-Independent Director, could not join the AGM. In attendance – Company Executives Sr. No. Name of the Executives Designation 1 Mr. Vinod Saraf President 2 Mr. Md. Asim Quraishi Chief Financial Officer 3 Mr. Sachin Kumar Gupta Company Secretary and Compliance Officer In attendance – Others 1 Mr. Mohsin Hada Representative of Statutory Auditors 2 Mr. Tumul Maheshwari Secretarial Auditor and Scrutinizer As per the attendance record, 58 Members were present through VC at the Meeting. The Company Secretary welcomed the Members who were participating in the AGM through VC/OAVM and briefed that in accordance with the Circulars issued by the Ministry of Corporate Affairs, Govt. of India and SEBI, the meeting is being held through VC/OAVM. He then requested Mr. Muralidhar Rambhatla, Chairman of the Board to chair the meeting. The Chairman welcomed the Members and confirmed that requisite quorum is present and declared the meeting open. He requested the Directors present at the AGM to introduce themselves. Thereafter, the Directors present in the AGM introduced themselves and informed the location from where they were attending the meeting. The chairman also confirmed the presence of CFO of the Company, representative of statutory auditors, secretarial auditor and scrutinizer. Thereafter, the chairman addressed the members and delivered his speech. It was noted that Notice of the 23rd AGM along with Annual Report for the Financial Year 2025-26 comprising the Financial Statements for the year ended 31st March, 2026, the Auditors Report and the Directors Report have already been circulated to the members. It was further noted that there are certain observations or comments in the Consolidated Statutory Auditors’ Report and the Secretarial Audit Report for the year 2025-26, regarding Non-consolidation of Financial Statements of Overseas Subsidiaries, which were duly addressed in the Directors’ Report and the same was taken as read. Thereafter, the Company Secretary summarized about the e-voting provided to the members to cast their votes electronically and informed that the members who have not casted their vote through remote e-voting can cast their vote by visiting the voting page and the voting shall remain open till 15 minutes after the conclusion of AGM. The following businesses were conducted at the meeting: Ordinary Business: 1. To receive, consider and adopt the Audited Standalone and Consolidated Financial Statements of the Company for the Financial Year ended 31st March, 2026 and the Reports of the Board of Directors and Auditors thereon. 2. To appoint a Director in place of Mr. Manojkumar Umashankar Saraf (DIN: 00234570), who retires by rotation and, being eligible, offers himself for re-appointment. Special Business: 3. To ratify the remuneration to Cost Auditors The relevant documents referred in the AGM Notice were available for inspection by the Members through electronic mode. The Members who had registered themselves as speakers were invited to express their views or ask questions/queries. However, none of the registered speakers were present at the Meeting. The Chairman then reiterated that e-voting will remain open till 15 minutes after the conclusion of this AGM and requested the members who have not yet casted their votes to cast their vote. He thanked the Members, Directors and Auditors for joining the 23rd AGM of the Company and also thanked Mas Services Limited, Moderator of the AGM and NSDL as well as CDSL for providing their service to conduct the AGM through Video Conference and declared the meeting concluded at 12:22 PM. Thereafter, 15 minutes’ window was provided for the shareholders for E-voting, if they have not cast their vote during e-voting period. .........................