ESOP/ESOS/ESPS

STEEL STRIPS WHEELS LTD. CIN: L27 l 07PB1985PLCO061 59 Head Office 150/T516949 Certified SCO 49-50, Sector 26, STEEL STRIPS GROUP l\y'adhya Marg, Chandigarh 160 019 (lNDlA) fel | +91 172-2793112. 279097 9. 2792385 Fax : +91 172-2794834 I 2790887 Website : www.sswlindia.com Datei 23.O7 .2026 BSE Limited The National Stock Exchange of India Limited Depa rtrnent of Corporate Services, Excha n9e Plaza, Ph iroze\ leejeebhoy Towers, Plot No. C/l, G Block, Dalal Street, Bandra-Kurla Complex, Bandra ( E), Mumbai - 400 001 lvlumbai - 400 051 BSE Cod'dir s i3262 NSE Code: SSWL Sub: Outcome of the Allotment Committ€e Meeting of the Board of Directors of the Company Dear Sir/Ma'am, This is to inform you that the Allotment Committee of the Board of Directors of the Company in its meeting held today i.e. on Thursday, the 23'd day of July, 2026 allotted 84,680 Equity Shares of face value of Rs. 1/- each, at an Exercise Price of Rs. 20l- per equity share to the employees of the Company who have exercised their stock options under "Steel Strips Wheels Limited- Employee Stock Option Scheme, 2021" (ESOS 2021). These Equity Shares shall rank Pari-Passu with the existing Equity Shares of the Company in all respects. With the said allotment, the Issued and Paid-up Equity Share Capital of the Company shall be increased as follows: Particulars Before allotment After allotment No. of Sha res Amount No. of Sha res Amount (FV of Rs. 1/- (FV of Rs. 1/- each ) eacn ) Issued Capital & r57rao425 Rs .1-5 ,7 t ,80 ,425 / - r57265705 Rs.75,72,65 ,7O5/ - Paid up Eq u ity Share CaDital Further, in reference to the above please find enclosed the following:- 1. Disclosure pursuant Regulation 30 of SEBi (Listing Obligations and Disclosure Requirements) Regulations, 2015 read with SEBI Master Circular HO/49 /t4/74(7)2025-CFD- POD2-/I/37 62/2026 dated January 30, 2026 ("Annexure A"). 2. Disclosure pursuant to Regulation 10(a) of the SEBI (Share Based Employee Benefits and Sweat Equity) Regulations, 2021 ("Annexure B") Kindly take the same on your records please. Tha nking you. Yours faithfullv. For Steel Strips Wheels Ltd (Kanika Sa pra ) Company Secretary & Compliance Officer Regd. Office: Village Somalherii Lehli, PO. Dappar, Tehsil Derabassi, Distt. lvlohali, Punjab (lndia) rel. : +91 (1762\ 275249, 275872,275173 Fax: +91 (1762) 275228 Email : hrdho@sswlindia.com Website : w$,/w.sswlindia.com Annexure A Disclosure under Regulation 3O of the Securities and Exchange Board of India (Listing and Disclosure Requirements) Regulations, 2015 SEBI Master Circular HO / 49 / L4/ I4(7)2O25-CFD-POD2/I/3762/ 2026 dated January 30,2026 S. No. Particulars Description 1 Brief details of oDtions oranted The Dresent instance is for allotment of equity shares upon exercise of 84680 options under Steel Strips Wheels Limited- Employee Stock option Scheme, 2021 Whether the scheme is in terms of Yes SEBI (Share Based Employee Benefits and Sweat Equity) Requlations, 2O2l (if applicable) 3 Total number of shares covered by 84680 equity shares of face value of these options Rs. 1/- each are covered by the options that were exercised for the current llotment. Each stock option is conveftible into one fully paid-up equity share having face value of Rs. 1/- each. 4 Pricing formula Eiercise price per share is Rs. 20l- 5 Options vested Not Applicable 6 Time within which option may be Not Applicable exercised 7 Options exercised 84680 B Money realized by exercise of Rs. 16,93,600/- options 9 The total number of shares arising 84680 equity shares of face value Rs. 1/- as a result of exercise of option ea cn 10 Options laDSed Not Applicable 11 Variation of terms of option Not Applicable Brief details of significant terms These Equity Shares shall rank Pari-flassu with the existing Equity Shares of the Company in all respects. IJ S ubseq uent cha nges or ca ncellation Not.Applicable or exercise of such oDtions L4 Diluted earnings per share pursuant ,Earnings per share remain unaffected, as to issue of equity shares on exercise the quantity of shares allotted is of options neqliqible, zL*\',1 /"),\7- tl--./ Annexure-B Disclosure pursuant to Regulation 10(c) of 'the SEBI (Share Based Employee Benefits and Sweat Equity) Regulations, 2021 s, Particulars Description 1 company name and address cf Steel StriDs Wheels Ltd. Registered Office Regd. Office: Village Somalheri/Leh li, Post OFFice Dappar, Tehsil Derabassi, District S A S Naqa r (Mohali), Puniab-140506 2 Name of the recognised Stock BSE Limited ("BSE") Exchanges on which the company's National Stock Exchange of India Limited sha res are listed C'NSE") 3 Filing date of the statement referred 28/03/2022 (BSE and NSE) in regulation 10(b) of the Securities and Exchange Board ot India (Sl.are Based Emolovee Benefits and Sweat Eq uity) Regulations, 2021 with the recoon ised Stock Excha nqe 4 Filing Number, if any BSEi 149274 NSE:30531 5 Title of the Scheme pursuant to which Steel Strips Wheels Limited - Employee Stock shares are issued, if any Option Scheme, 2021 C'EsOs 2021") 6 Kind of securitv to be listed Equ ity Sha res 7 Par value of the shares Rs. 1/- per share (Rupee one only) 8 Date of issue of shares 23.07 .2026 (Allotment on exercise of options) 9 Number of shares issued 84680 Equity Shares 10 Share Ceftificate No,, if applicable Not ADDlicable 11 Distinctive number of the share, if t57L80426 to 157265105 a DDllca ble ISIN Number of the shares if issued INE802C01033 in Demat IJ Exercrse Dnce Der sna re K,S. ZU/- L4 Premium per sha re Pc 1q/- Tf, Total issued shares after this issue 157265105 Eq uitv Shares IO Total issued share capital after' this Rs. 157265105/- issue L7 Details of anv lock-in on the shares N.A. 1B Date of exoirv of lock-in N.A. 19 Whether shares are identical in all Yes, shares are identical in all respects to respects to existing shares? If not, existing shares. when will thev become identical? 20 Details of listinq fees, iF oaVable N.A.