General Updates

EA:‘ ° | SAL STEEL LTD. \ R TR Reg. Office: 604, Zion Z1, Near Avalon Hotel, Sindhu Bhawan Road, Bodakdev, Ahmedabad-380059 (India) BUILDING TRUST. CREATING FUTURES. Corporate Office: 4th Floor, B Wing, Milestone Experion Centre, Sector 15 Part 2, Gurgaon - 122001 01.10.2026 BSE LIMITED NATIONAL STOCK EXCHANGE OF Phiroze Jeejeebhoy Tower, INDIA LIMITED Dalal Street, Exchange Plaza, Plot No C/1, G-Block, Mumbai — 400001 Bandra — Kurla Complex, Bandra (E), Mumbai — 400051 BSE Scrip Code: 532604 NSE Symbol: SALSTEEL Sub.: Infimation under Regulation 30 of the SEBI (LODR) Regulations, 2015- Availing of additional Term Loan Facilities of Rs. 75,00,00,000 (Rupees Seventy Five Crore only ) from Kotak Mahindra Bank Limited Respected Sir/Mam In Pursuance with Regulation 30 of SEBI (Listing Obligation and Disclosure Requirements) Regulation, 2015 read with Circulars SEBI/HO/CFD/CFD-Pod-2/CIR/2024/185 dated December 31, 2024 (‘SEBI Circulars Ref No: NSE/CML/2025/02 dated 2nd January, 2025. This is to inform that, The Company has availed additional Term Loan facility along with renewal of existing working capital facilities of Rs. 49,00,00,000/-(Indian Rupees Forty Nine Crore only) aggregating to Rs.124,00,00,000/- (hereinafter referred to as the ‘said Facilities’), in terms of the Banks's Sanction Letter dated 29.09.2026 with Ref. no ARD/006315/2026-27. The said borrowing is secured by way of hypothecation of the entire current assets of the Company, including all Movable Fixed Assets of the company situated at Survey No. 245, Village Bharapar, Tal. Gandhidham, Kutch Dist., Gujarat-382721 along with Unconditional and irrevocable Personal Guarantee of Mahesh Kumar Agarwal and Kaustubh Agarwal shall remain valid during the tenor of facility and Unconditional and irrevocable Corporate Guarantee of Sree Metaliks Limited shall remain valid during the tenure of facility. Further the details as per the requirements mentioned in Listing Regulations read with SEBI Circular No. CIR/CFD/CMD/4/2015 dated September 9, 2015 and SEBI/HO/CFD/CFD- PoD1/P/CIR/2023/123 dated July, 13, 2023 are annexed herewith under enclosure ‘““Annexure-1" Toll Free No.: 1800 202 1355 it dls B emait: csasaistecicoin [ website: wwwasalstool coin Plant : Survey No. 245, Tal. Bharapar, Gandhidham, Gujarat 370205 | CIN: L29199GJ2003PLC043148 SAL STEEL LTD. \ g S Reg. Office: 604, Zion Z1, Near Avalon Hotel, Sindhu Bhawan Road, Bodakdey, Ahmedabad-380059 (India) S D At o AR ST Corporate Office: th Fioor, B Wing, Milestone Experion Centre, Sector 15 Part 2, Gurgaon - 122001 Kindly take the above on your record. Thanking you. Yours faithfully, For SAL Steel Limited CS Devilal J Shah Company Secretary and Compliance o ICSI Mem. No. A58287 Encl: Annexure | Tboll Frete No.: 1y800 20 2 1355 B emaite csa saisteeicoin [ websi www.salsteel.co.in E Pla: Snurvtey No. 245, Tal. Bharapar, Gandhidham, Gujarat 370205 | CIN: L29199GJ2003PLC043148 SAL STEEL LTD. \ = S e Reg. Office: 604, Zion Z1, Near Avalon Hotel, Sindhu Bhawan Road, Bodakdev, Ahmedabad-380059 (India) BUILDING TRUST. CREATING FUTURES. Corporate Office: 4th Floor, B Wing, Milestone Experion Centre, Secto1r5 Part 2, Gurgaon - 122001 ANNEXURE| Disclosure under Regulation 30 of SEBI (Listing obligations and Disclosure Requirement) Regulation, 2015 read with SEBI Circular No. CIR/CFD/CMD/4/2015 dated September 9, 2015 and SEBI/HO/CFD/CFD-PoD-1/P/CIR/2023/123 dated July 13,2023 Sr. No. | Particulars Description 1. Name(s) of parties with whom the | Kotak Mahindra Bank limited agreement is entered 2 Purpose of entering into Agreement | To avail additional Term Loan facility of Rs 75,00,00,000/- (Indian Rupees Seventy Five Crore only ) along with renewal of existing working capital facilities of Rs 49,00,00,000/-(Indian Rupees Forty Nine Crore) aggregating to Rs 124,00,00,000/- 3. Shareholding, if any, in the entity | NIL with whom the agreement is executed 4. Significant terms of the agreement a) Interest Rate: 10% b) Repayment: The facility shall be repayable within 60 Months ¢) Purpose: Part repayment of ICD of AIA Engineering Limited. 5. Whether the said parties are related | No to promoters/promoter group/group companies in any manner. If yes, nature of relationship 6. Whether the transaction would fall | Not a Related Party Transaction within related party transactions? If Toll Free No.: 1800 202 1355 B emait: csasaistoet.coin Y website: wwwisasteel.co.n Contact: 99251 03299 fl Plant : Survey No. 245, Tal. Bharapar, Gandhidham, Gujarat 370205 | CIN: L29199GJ2003PLC043148 SAL STEEL LTD. Reg. Office: 604, Zion Z1, Near Avalon Hotel, Sindhu Bhawan Road, Bodakdev, Ahmedabad-380059 (India) Corporate Office: 4th Floor, B Wing, Milestone Experion Centre, Sector 15 Part 2, Gurgaon - 122001 yes, whether the same is done at “arm’s length 7 In case of issuance of shares to the | No Shares are issved parties, details of issue price, class of shares issved 8. In Case of Loan Agreements a) Details of lender Kotak Mahindra Bank Limited b) Nature of Loan Additional Term Loan facility c) Total amount of Loan taken Rs 75,00,00,000/- (Indian Rupees Seventy Five Crore only ) along with renewal of existing working capital facilities of Rs 49,00,00,000/-(Indian Rupees Forty Nine Crore) aggregating to Rs 124,00,00,000/- d) Total amount of Loan Outstanding Rs 124,00,00,000/- e) Date of Execution of Loan | Execution of Loan Agreement along with Agreement/Sanction Letter Sanction Letter Dated 29.09.2026 f) Details of Security provided to the | Current Assets of Borrower (Both Present lenders and Future) along with all Movable Fixed Assets of the Borrower (Both Present and Future) (Excluding exclusively financed by other banks/financial institution). Unconditional and irrevocable Personal Guarantee of Mahesh Kumar Agarwal and Kaustubh Agarwal shall remain valid during the tenure of facility Unconditional and irrevocable Corporate Guarantee of Sree Metaliks Limited shall remain valid during the tenure of facility Toll Free No.: 1800 202 1355 B emait csasaisteetcoin Y website: www.saisteeicoin Contact: 9925103299 IEX prant : survey No. 245, Tal. Bharapar, Gandhidham, Guiarat 370205 | CIN: L29199GJ2003PLCO43148 SAL STEEL LTD. Reg. Office: 604, Zion Z1, Near Avalon Hotel, Sindhu Bhawan Road, Bodakdev, Ahmedabad-380059 (India) BUILDING S TRUT ST . CE REE ATI NGL FUT— URES . Corporate Office: 4th Floor, B Wing, Milestone Experion Centre, Sector 15 Part 2, Gurgaon - 122001 Any other disclosures related to such No agreements, viz., details of nominee on the board of directors of the listed entity, potential conflict of interest out of such agreements, efc. Toll Free No.: 1800 20: 21355 B) Emait: cs@salsteel.coin [ website: wwwisaisteel.coin Contact: 99251 03299 fl Plant : Survey No. 245, Tal. Bharapar, Gandhidham, Gujarat 370205 | CIN: L29199GJ2003PLCO43148