The Company has entered into a Memorandum of Understanding (MoU) with the Andhra Pradesh Economic Development Board (APEDB) Government of Andhra Pradesh.

Date: October 24, 2026 Listing Department Corporate Relationship Department The National Stock Exchange of India Limited, BSE Limited Exchange Plaza, Bandra Kurla Complex, Phiroze Jeejeebhoy Towers Bandra East, Mumbai – 400051 Dalal Street, Mumbai - 400 001 NSE Symbol – HARIOMPIPE BSE Scrip Code- 543517 Dear Sir/Madam, Subject: Disclosure under Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 – Signing of Memorandum of Understanding. Pursuant to Regulation 30 of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015, as amended, we wish to inform you that Hariom Pipe Industries Limited (“the Company”) has entered into a Memorandum of Understanding (MOU) dated October 23, 2026, with the Andhra Pradesh Economic Development Board (APEDB), Government of Andhra Pradesh, in connection with the Company's proposed investment in the State of Andhra Pradesh. Under the MoU, the proposed investment is approximately Rs. 700 crores to establish an integrated steel plant at our existing unit based at D. Hirehal, Anantapur District, Andhra Pradesh. APEDB will facilitate the proposed investment, including assistance in discussions with the Union Government of India and facilitation of the process of land allotment and consideration of applicable incentives and benefits, subject to Government policies and approvals. The MoU is non-binding and is valid for 12 months from the date of signing, with project implementation subject to requisite approvals, statutory clearances and applicable Government policies. The relevant particulars as required under the SEBI Circular No. HO/49/14/14(7)2025-CFD- POD2/I/3762/2026 dated January 30, 2026 are provided in Annexure hereto. Any material updates in this regard shall be disclosed to the stock exchanges in accordance with the applicable regulatory requirements. You are requested to kindly take the above information on record. Thanking You, Yours faithfully, For Hariom Pipe Industries Limited Rekha Singh Company Secretary &Compliance Officer M. No: A33986 Encl: a/a Annexure Disclosure as required under the SEBI Circular No. HO/49/14/14(7)2025-CFD-POD2/I/3762/2026 dated January 30, 2026 are provided hereunder: S. No. Particular Description 1. Name(s) of parties with whom the agreement is Hariom Pipe Industries Limited (“HPIL”) and entered. Andhra Pradesh Economic Development Board (APEDB), Government of Andhra Pradesh. 2. Purpose of entering into the agreement. Proposal for setting up an Integrated Steel Plant at our existing unit based at D. Hirehal, Anantapuram, Andhra Pradesh. 3. Size of the Agreement Proposed investment of approximately Rs. 700 Crore. 4. Shareholding, if any, in the entity with whom the Nil agreement is executed 5. Significant terms of the agreement (in brief) APEDB will facilitate the investment, including special rights like right to appoint directors, first assistance in discussions with the Union Government of India and facilitation of the land right to share subscription in case of issuance of allotment process and consideration of shares, right to restrict any change in capital applicable incentives and benefits by the structure etc.; concerned Government departments, subject to applicable policies and prescribed procedures. The MoU is non-binding and valid for 12 months from the date of signing. 6. Whether, the said parties are related to No promoter/promoter group/ group companies in any manner. if yes, nature of relationship; 7. Whether the transaction would fall within related No party transactions? if yes, whether the same is done at “arm’s length”; 8. Whether the MoU is binding Non-Binding 9. In case of issuance of shares to the parties, details No of issue price, class of shares issued; 10. Any other disclosures related to such Not Applicable agreements, viz., details of nominee on the board of directors of the listed entity, potential conflict of interest arising out of such agreements, etc.; 11. In case of termination or amendment of Not Applicable agreement, listed entity shall disclose additional details to the stock exchange(s): i. Name of parties to the agreement; ii. Nature of the agreement; iii. Date of execution of the agreement; iv. Details of amendment and impact thereof or reasons of termination and impact thereof