Outcome of Board Meeting

Steel Exchange India Limited November 04, 2026 To To The Manager, The Manager, Department of Corporate Services, Listing Department, BSE Limited National Stock Exchange of India Limited, P.J. Towers, Dalal Street, Exchange Plaza, Bandra Kurla Complex, Port, Mumbai — 400001 Bandra (East), Mumbai — 400051 Scrip Code: 534748/960441 Scrip ID: STEELXIND Dear Sir/Ma’am, Sub: Outcome of Board Meeting held on 04th November, 2026 Pursuant to Reg. 30, 33, 52 and other applicable regulations of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, we wish to inform you that the Board of Directors of the Company at its meeting held on Wednesday, the 04th November, 2026 had inter-alia;  Approved the Standalone & Consolidated Un-Audited Financial Results of the Company for the Quarter and half year ended 30th September, 2026 along with Limited review reports pursuant to Regulation 33 and Regulation 52 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015;  With reference to the intimation letter dated April 20, 2026, the Board approved the conversion of 8,04,23,279 (Eight Crore Four Lakh Twenty-Three Thousand Two Hundred and Seventy-Nine) warrants into equity shares of face value of Rs. 1/- each and allotment of the same to the respective warrant holders, pursuant to the receipt of conversion request letters from warrant holders belonging to the non-promoter group, namely, M/s. India Coke and Power Private Limited and M/s. IMR Steel Private Limited, seeking conversion of 8,04,23,279 warrants out of the total 31,74,60,300 warrants held by them, on a preferential basis, at an issue price of Rs. 9.45/- per equity share (including a premium of Rs. 8.45/- per share), upon receipt of the balance 75% of the issue price in respect of the warrants proposed to be converted. The details of the warrants issued and allotted, warrants converted into equity shares and the balance warrants remaining outstanding for conversion are as follows: Balance S. No. of Warrants No. Warrants warrants Name of Warrant Holders No. issued and allot converted remaining for conversion M/s India Coke and Power 1. 15,87,30,150 6,63,13,932 9,24,16,218 Private Limited M/s IMR Steel Private 2. 15,87,30,150 1,41,09,347 14,46,20,803 Limited Total 31,74,60,300 8,04,23,279 23,70,37,021 WORKS Integrated Steel Plant: Sreerampuram, L.Kota Mandal, Vizianagaram District - 535161. Phone: +91-8966-267218, 267111 Steel Exchange India Limited Further, the aforesaid equity shares proposed to be allotted shall be issued in dematerialized form, and the equity shares so allotted shall rank pari passu with the existing equity shares of the Company in all respects. Pursuant to the above allotment, the issued, subscribed, and paid-up share capital of the Company has increased from Rs. 1,27,55,18,412/- to Rs. 1,35,59,41,691/- comprising of 1,35,59,41,691 equity shares of face value Rs. 1/- each. Following documents are enclosed herewith: a) A copy of the said Standalone and Consolidated Un-Audited financial results along with Limited review reports with unmodified opinion(s) (free from any qualifica(cid:415)ons), pursuant to Regula(cid:415)on 33 and Regula(cid:415)on 52 of the SEBI (Lis(cid:415)ng Obliga(cid:415)ons and Disclosure Requirements) Regula(cid:415)ons, 2015. b) Details as per Regula(cid:415)on 52(4) and 54(2) of SEBI (Lis(cid:415)ng Obliga(cid:415)ons and Disclosure Requirements) Regula(cid:415)ons, 2015 c) Cer(cid:415)ficate of Security Cover available in case of non-conver(cid:415)ble debt securi(cid:415)es pursuant to Regula(cid:415)on 54(3) of the SEBI (Lis(cid:415)ng Obliga(cid:415)ons and Disclosure Requirements) Regula(cid:415)ons, 2015 read with SEBI circular SEBI/HO/MIRSD/MIRSD_CRADT/CIR/P/2022/67 dated 19 May 2022. d) Cer(cid:415)ficate of of Devia(cid:415)on/Varia(cid:415)on in U(cid:415)liza(cid:415)on of Funds Raised, dated 20th and 30th April 2026, pursuant to Regula(cid:415)on 32 of the SEBI (Lis(cid:415)ng Obliga(cid:415)ons and Disclosure Requirements) Regula(cid:415)ons, 2015. The Board Mee(cid:415)ng of the company commenced today at 11.00 AM and concluded at 12:50 PM. We request you to take the same on your records. Thanking you, Yours faithfully, For Steel Exchange India Limited Raveendra Babu M Company Secretary & Compliance Officer M.No: A34409 WORKS Integrated Steel Plant: Sreerampuram, L.Kota Mandal, Vizianagaram District - 535161. Phone: +91-8966-267218, 267111 PAVULURI & CO. CHARTERED ACCOUNTANTS PlotNo.48, FlatNo.301, iNDi/$f MICASA, Phase- I, KavuriHills, Hyderabad-500033. Ph : 040-29702638/2639 Email : mail@pavuluriandco.com Independent Auditor's Review Report on the Quarter and half year ending Unaudited standalone Financial Results ofthe company pursuant to the regulation 33 and 52 ofthe SEBI(Listing Obligation and Disclosure Requirements)Regulation,20l5,as amended ReviewReportto TheBoardofDirectors, STEELEXCHANGE INDIALIMITED a) Wehavereviewedtheaccompanyingstatementofunauditedstandalonefinancialresults of M/s. STEEL EXCHANGE INDIA LIMITED ("the company"] for the quarter and halfyear ended 3o*h September, 2026 (the "Statement") attached herewith, being submitted by the company pursuant to therequirementsof Regulation33and52 oftheSEBI (ListingObligationsandDisclosureRequirements] Regulations2015, asamended(the"ListingRegulations") b] Thestatement,whichistheresponsibilityoftheCompany's Managementandapprovedbythe Boardof Directors,hasbeenpreparedinaccordancewiththerecognitionandmeasurementprincipleslaiddown inIndianAccountingStandard34,Interimfinancialreporting[IndAS34] specifiedundersection133 of theCompaniesAct2013asamended,readwithrelevant rulesissuedthereunderand otheraccounting principles generally accepted in India. Our responsibility is to express a conclusion on the statement basedonourreview. c] We conducted ourreviewin accordancewiththe Standard on ReviewEngagement [SRE] 2410,Review oflnterimFinancialInformationperformedby theindependentAuditorofEntityissuedbythe Instituteof CharteredAccountants ofIndia. This standardrequires thatwe plan and performthe reviewto obtain moderateassurance as towhetherthefinancialstatementsare freeofmaterialmisstatement.Areview islimitedprimarilytoinquiriesofcompanypersonnelandanalyticalproceduresappliedtofinancialdata andthusprovide less assurancethananaudit.We havenotperformed anauditandaccordingly,wedo notexpressanauditopinion. d] Basedonourreviewconductedasabovenothinghascometoourattentionthatcausesustobelievethat theaccompanyingstatementprepared inaccordancewiththerecognitionandmeasurementprinciples laiddown in IndianAccountingStandards ['IND AS') specified undersection 133 ofthe CompaniesAct 2013 readwith relevant rules issued thereafter and other accounting principles generally accepted in India,hasnotdisclosedtheinformationrequiredtobedisclosedintermsof listingregulations,including themannerinwhichitistobedisclosed, orthatitcontainsanymaterialmisstatement. For Pavuluri &Co. Chartered Accountants Firm RegistrationNo: 0121948 FirmReg 01? 9-rs 09' HYDERABAD CA PA RAMAIAH Place : Hyderabad Partner Date :04.11.2026 Membership no: 203300 UDIN: 2eQr)330o_gF1.S)(D5328 FlatNo:301,BlockC,GreenCityTowers,GreenCityTownship,NearExportApparelPark,Visakhapatnam-530049. Branches: D.No.54-20/7-1B,PlotNo.10,RoadNo.2,KanakadurgaGazzettedOfficerscolony,GurunanakNagar,Vijayawada-520007.Ph:0866-2545418 STEEL EXCHANGE INDIA LIMITED D.No.1-65/K/60, Plot No.60, 1st Floor, Abhi's Hiranya, Kavuri Hills,Hyderabad-500 081 Phone: +91-40-2340 3725(cid:9) Web:www.seil.co.in E-mail: ceaseil.co.in(cid:9) CIN:L74100TG1999PLC031191 Part I : Standalone Statement of Un-Audited Results for the quarter and half year ended as on 30th Sep, 2026 Particulars Quarter ended Half Year ended Year ended 30.09.2026 30.06.2026 30.09.2025 30.09.2026 30.09.2025 31.03.2026 (Unaudited) (Unaudited) (Unaudited) (Unaudited) (Unaudited) (Audited) 1. Revenue from operations Gross sales/income from operations 34,315.75 26,971.39 23,176.3 [Showing first 8,000 characters — download PDF for full document]