General Updates

Great Place ORE TO METAL Work. Certified SMEL/SE/2026-27/36 25% June, 20. AR 2026 - AR 2025 The Secretary, The Manager - Listing Department =i Listing Department, BSE Limited National Stock Exchange of India Limited Phiroze Jeejeebhoy Towers, : “Exchange Plaza”, 5th Floor, Plot No. C/1, Dalal Street, Mumbai 400 001 G-Block, Bandra-Kurla Complex, Bandra (East), Maharashtra, India Mumbai 400 051, Maharashtra, India Scrip Code: 543299 ) Symbol: SHYAMMETL Dear Sir/Madam, Sub: Intimation of Exercise of Options by Eligible Employees under “SMEL Employee Stock Incentive Plan — 2023” Pursuant to Regulation 30 of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015 (“SEBI Listing Regulations”), we wish to inform you that the Company has received fresh exercise requests from the eligible employees under Scheme | - SMEL Performance ESOP Scheme (“ESOP | - 2023") in respect of the vested options under the aforesaid ESOP Scheme. Based on the said exercise requests, the Nomination and Remuneration Committee (“NRC") of the Company, at its meeting held on 25" June, 2026 considered and approved the exercise of options and the consequent allotment of equity shares. The same is also being uploaded on the Company’s website at www.shyammetalics.com. Kindly take the same on record and oblige. Thanking You, For Sh Enacs albo:ve OUR BRANDS SLTIGaEaRn §NLTIG ER §VLTI GER §Si TIGER SLTfsTIeTiG E01R1 550D TMT RE-BAR STAINLESS STEEL RODFINE SHEETS STRUCTURAL STEEL ALUMINIUM FOIL SHYAM METALICS AND ENERGY LIMITED Feqd. Office: P-19, (Plate No.: D-403), Taratala Road, CPT Colony, Kolkata, West Bengal - 700088 1Nz L40101WB2002PLC095491 571h: 19AAHCS5842A1ZE T:49133 6521 6521 £mail: contact@shy\eab:m wgww.rshoyaummepta.liccso.comm Follow s one- nEenmn Certified Disclosure under Regulation 30 of the Securities and Exchange Board of India (Listing Obligations \este Disclosure Requirements) Regulations, 2015 % Sl Particulars Scheme |- SMEL No. Performance ESOP Scheme (“ESOP | - 2023") 1 Brief details of options granted 8,76,738 Options granted to 63 Eligible Employees under SMEL Employee Stock Incentive Plan —2023” (ESIP - 2023) sub-plan SMEL Performance ESOP Scheme (ESOP 1-2023). 2 Whether the scheme is in terms of the Securities and Exchange Board of India (Share Based Employee Benefits and Sweat Equity) | Yes Regulations, 2021 ('SBEB & SE Regulations), if applicable 3 Total number of shares covered by these 8,76,738 equity shares of face value of 310 each. options 4 Pricing Formula The said Options were granted to 62 Employees at % 326 (Rupees Three Hundred and Twenty Six Only), i.e. at 25% discount on the market price on 25" September, 2023 and 1 Employee at ¥ 331 (Rupees Three Hundred and Thirty One Only), i.e. at 25% discount on the market price on 27" September, 2023. The market price is the latest available closing price on the National Stock Exchange of India Limited, which had recorded the higher trading volume in the equity shares of the Company on 24" September and 26 September, 2023. The same being the previous trading day immediately preceding the date on which the Grant of Options was approved. 5 Time within which option may be exercised The vested options may be exercised, either in whole or in part, within a period of 1 Year from the commencement of the respective vesting period. 6 | Brief details of significant terms © The ESOP Scheme is administered via ESOP Trust which is authorized to purchase the shares from the secondary market for facilitating the ESOP exercises. The grant of Options is based upon the eligibility criteria as determined by the NRC Committee. e The granted Options, once vested shall entitle the Option holder to acquire equal number of Equity Shares, upon payment of exercise price and applicable taxes in accordance with terms and conditions of the Scheme. | ® The equity shares allotted, pursuant to the exercise of OUR BRANDS the Stock Options, would not be subject to lock-in. o § [sTeli ] § [sTeTiy § oo oo SLTIGER M)L.TIGER MTIGER NiTIGER SiTIGER 011l 5500 TMT RE-BAR STAINLESS STEEL ROOFING SHEETS STRUCTURAL STEEL ALUMINIUM FOIL \E A SHYAM METALICS AND ENERGY LIMITED & flead. Office: P-19, (Plate No.: D-403), Taratala Road, CPT Colony, Kolkata, West Bengal - 700088 CIn: L4010TWB2002PLC095491 G5 7inv: 19AAHCS5842A1ZE 7149133 6521 6521 £mail: contact@shyamgroup.com web: www.shyammetalics.com Foliow s one- ORE TO METAL Options shall vest in the following manner: Date of Vesting Vesting Percentage On first anniversary of | 20% of the total Eligible |t he grant date Options shall vest On second anniversary | 23% of the total Eligible of the grant date Options shall vest On third anniversary of | 23% of the total Eligible the grant date Options shall vest ‘ On fourth anniversary | 34% of the total Eligible | | of the grant date Options shall vest | 7 | Options Vested Options Vested with effect from 25 and 27" September, | 2025, respectively. 8 Options Exercised 17891 Options were exercised by 5 Eligible Employees from 16" June, 2026 to 25" June, 2026. 9 Money realized by exercise of Options % 58,33,539.46 (Rupees Fifty Eight Lakh Thirty Three Thousand Five Hundred Thirty Nine and Forty Six Paise). | 10 | The Total number of shares arising as a result of | 17891 Shares are Arising as a result of exercise of Options exercise of Option i.e. 1 Option is equal to 1 Share. 11 | Options Lapsed Nil 12 | Variation in Terms of Options No Variation 13 | Subsequent changes or cancellation or exercise | Not Applicable | of such options 14 | Diluted earnings per share pursuant to issue of | Not Applicable equity shares on exercise of Options Kindly take the same on record and oblige. Yours Faithfully For, m Metglhs and Energy Limited Company Secretary Membership No. F13 OUR BRANDS BaEn § [s]elc § BEn @ Do & o LTIGER ML.TIGER DLTIGER N,TIGER Ni.TIGER 011 500 THT REDAR STAINLESS STEEL ROOFING SHEETS STAUCTURAL STEEL ALUMINIOM FOiL SHYAM METALICS AND ENERGY LIMITED fegd. Office: P-19, (Plate No.: D-403), Taratala Road, CPT Colony, Kolkata, West Bengal - 700088 €In: L40101WB2002PLC095491 G57in: 19AAHCS5842A1ZE 7:491 33 6521 6521 £mai: contact@shyamgroup.com 1/=h: www.shyammetalics.com Foliow us one - @