General Updates

Casting the Future 26th October, 2026 The Manager The Manager The Department of Corporate Services The Listing Department BSE Limited National Stock Exchange of India Limited Jijibhoy Towers, Exchange Plaza, Dalai Street, Fort Bandra-Kurla Complex, Bandra East Mumbai — 400 001 MUMBAI 400 051 Scrip Code: 531147 Scrip Symbol: ALICON Dear Sir, Sub: Grant of Stock Options Pursuant to Regulation 30 of Securities and Exchange Board of India (“SEBI”)(Listing Obligations and Disclosure Requirements) Regulations, 2015 read with SEBI Master Circular No. HO/49/14/14(7)2025-CFD-POD2/I/3762/2026 dated 30th January, 2026, we would like to inform you that the Nomination and Remuneration Committee of the Board of Directors (“NRC”) at its meeting held on Saturday, 24th October, 2026, granted 1,15,000 Options, to Chief Executive Officer (CEO), an identified employee, under the Alicon Castalloy Ltd. - Employee Stock Options Scheme- 2026. The Scheme is in terms of SEBI (Share Based Employee Benefits and Sweat Equity) Regulations, 2021 (as amended from time to time) and all Stock Options granted have a vesting period of minimum 1 (One) year from the date of grant and the same shall vest as per the vesting schedule and price as specified in the respective grant letter. The Meeting of NRC commenced at 06:00 p.m. and concluded at 07:00 p.m. Thanking you, For ALICON CASTALLOY LIMITED SNEHA SHUKLA COMPANY SECRETARY Alicon Castalloy Ltd., Gat No. 1426, Shikrapur, T: +91 21 3767 7100 www.alicongroup.co.in Tal. Shirur, Dist: Pune – 412 208, Maharashtra – India F: +91 21 3767 7130 CIN : L99999PN1990PLC059487