Press release/Media release in relation to the operational performance for Second Quarter ended on 30 September 2026.

RSPL/BSE/2026-27 October 07, 2026 The BSE Limited Phiroze, Jeejeebhoy Towers, Dalal Street, Mumbai-400001 Maharashtra Scrip Code: 504903 Dear Sir, Subject: Press release / Media release in relation to the operational performance for Second Quarter ended on 30th September 2026 Pursuant to Regulation 30 read with Schedule III of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, Rathi Steel and Power Limited (“Company”) hereby submits a copy of media release issued by the Company, in relation to its operational performance for the Second Quarter ended on 30th September 2026. The media release includes unaudited numbers for the quarter ended September 30, 2026 which are being released ahead of the official announcement of the financial results for the said period and is subject to review and approval by the Audit Committee, Board of Directors and Statutory Auditors of the Company. You are requested to please take note of the above. Thanks and regards. Yours faithfully, For Rathi Steel and Power Limited Abhishek Verma Whole Time Director DIN: 08104325 Encl: a/a RATHI STEEL AND POWER LIMITED Q2 FY27 REVENUE AT OVER ₹200 CR; SALES VOLUME GROWTH AT ~28.86% YOY Q2 FY27 Highlights  Revenue: Over ₹200 Cr, registering 30%+ YoY growth from ₹156.43 Cr  Sales Volume: 32,028 MT, up 28.86% YoY from 24,855 MT Operational Update  Company has successfully negotiated a reduction of about 450 bps in the rate of interest with its existing lender, alongside raising additional need-based funds to support business growth Future Direction  Targeting 55–60% rolling mill utilisation in FY27 vs ~51–52% in FY26  Steel melting shop utilisation targeted to be scaled up  Focus remains on value-added products and margin optimisation, with a judicious product mix between stainless steel and TMT bars to reduce dependence on any one product category  Evaluating melting shop upgradation at the existing Ghaziabad facility with a focus on increasing the value-added products (VAP) portfolio ABOUT RATHI STEEL AND POWER LIMITED Rathi Steel and Power Limited (RSPL), headquartered in Ghaziabad, Uttar Pradesh, is a leading manufacturer of stainless steel and mild steel long products. Established in 1971, the company carries forward the renowned Rathi legacy built over five decades of innovation, trust, and quality in steel manufacturing. Operating a modern integrated facility spread across about 12.5 acres in the NCR region, RSPL has a steel melting capacity of about 85,000 tonnes per annum and a rolling capacity of 2,00,000 tonnes per annum. Its diverse product portfolio includes stainless steel billets, wire rods, and TMT bars. It is India's only stainless-steel wire rod manufacturer using direct billet charging technology, ensuring superior energy efficiency and lower carbon emissions. In FY26, RSPL reported Total Income of ₹716.49 Cr, EBITDA of ₹28.90 Cr, and PAT of ₹12.87 Cr. Disclaimer Certain statements in this document that are not historical facts are forward looking statements. Such forward-looking statements are subject to certain risks and uncertainties like government actions, local, political or economic developments, technological risks, and many other factors that could cause actual results to differ materially from those contemplated by the relevant forward-looking statements. The Company will not be in any way responsible for any action taken based on such statements and undertakes no obligation to publicly update these forward-looking statements to reflect subsequent events or circumstances. For Further Information, Please Contact: Kirin Advisors Private Limited Sunil Mudgal – Director sunil@kirinadvisors.com | +91 98692 75849 www.kirinadvisors.com