Intimation regarding change in management of the Company.

Gzrsnnt-lT GtL/cKP/2026-27 )uly 27 ,2026 BSE Limited National Stock Exchange of lndia Limited Floor 25, P J Towers, Dalal Street, ..EXCHANGE PLAZA", Mumbai- 400 001. lNDlA. Bandra - Kurla Complex, Bandra (East), Scrip Code: 532726 Mumbai - 400 051. lNDlA. Symbol: GALLANTT Dear Sir / Madam, Sub: lntimation under Resulation 30 of Securities and Exchanee Board of lndia Listins Oblieations and Disclosure Requirementsl Resulation,2015 I'Listing Resulations'l Ref: Change in Manapement Pursuant to Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 20L5, and Part A of Schedule lll ("Listing Regulations') we hereby inform you that Board of Directors of Gallantt lspat Limited (the "Company") at its meeting held today i.e. on Monday, )uly 27,2026, inter-alia, have approved and took note ofthe below: 1. Resignation of M/s. Maroti & Associates, (Firm Registration No. 32277OE\, Chartered Accountants, as Statutory Auditors of the Company. The Resignation Letter and information to be obtained from Statutory Auditor upon resignation in accordance with the requirements of the SEBI Circular CIR / CFD / CMDL / LL4 I 2019, dated October, 18,2019, is enclosed herewith as Annexure - A. The Board of Directors at its meeting held on today, 27th July,2026 had also noted that there are no reasons other than the reason mentioned in the resignation letter received from the Statutory Auditor for such resignation. 2. Appointment of M/s. Singhi & Co., (Firm Registration No. 302049E), Chartered Accountants/ as the Statutory Auditor of the Company to fill the casual vacancy caused due to the resignation of M/s. Maroti & Associates. The said appointment is pursuant to applicable provisions of the Companies Act 2013 and the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. M/s Singhi & Co., Chartered Accountants shall hold office upto the ensuin8 annual general meeting of the Company. 3. Appointment of Mr. Amit Jalan as the Chief Financial Officer (CFO) and Key Managerial Personnel (KMP) ofthe Company effective from July 27,2026. GALLANTT ISPAT LIMITED CIN: L2Z0!|UP2005PLC! 95550 Registered Office & Gorakhpur Unit Gorakhpur Industrial Development Authority (GIDA)' Sahianwa, Gorakhpw - 2732O9' Uttar Pradesh Tele-fax: 0551 35f 5500, E-mail: csgml@gallantt'com' W€bsite www'gallantt'com GuiaratUniI Survey No. lT5fl, NearToll Gate' samakhyali' Bhachau' Disft Kutch - 370150' Guiarat GnunN-lT Additionally, the requisite discrosures as per Reguration 30 of the sEBr LoDR Regurations, 2015, read with sEBr Master circurar tgt/uo/cr6/pooz/aa/r/orrs aured 1Lth November, 2024 (updated as on 30th January, 20261, isannexed heiewith as Annexure B. Kindly take the same on record. Thanking you, Yours faithfully, For Gallantt tspat Limited Nitesh Kumar (CS & Compliance Officer) M. No F7496 Encl: As above GALLANTT ISPAT LIMTTED CIN: L2Z09UP2ffi 5PLC195550 Registered Off ice & Corakhpur Unit: Gorakhpur Industrial Development Authority (GIDA), Sahianwa, Gorakhpur - 273209, Uttar Pradesh Iele-fax 0551 3515500, E-mail: csgml@gallantt.com, Website www.gallantt.com Guiarat Unir Survey No. 175[, Near Toll Gate, Samakhyali, Bhachau, Distt. Kutch - 370150, Guiarat Anne.xuf c - Maroti & Associates Head Office: - Diamond He.itage, 5th Floor, unit N5o3. 16. strand Road, Fairley Plae. KolkatE- Toooot. (Chanered Accountants) Ph.: +9133404913OO ErEnch Ofne: - chtEnttu Tffir, 10$ Floor, unit No. 1001. 43. Nehru Place, New Delhl- 11oo19 Ph,: +O1143540996 Emall: - eudllli&eIlliJr Der.: 21n7 .2025 The Board ot Dlredors Gallaitt lspat Limlted GIDA, Sahianwa, Gorakhpu - 273007 Subje.t - Resi8nation a5 Statnory Audltors oI Galantl Lrpat Urhited We, M/s Marotl& Assoclates, Chartered A..ountants (Flrm Re8lstration No.322770E)were appolnted as the Statutory Audltors of the Company to perfom the audit of financial sbtements of the Company for a perlod of 5 Years from Flnanclal Year 2OZ2-23 to Flnan lal ''leat 2m6-27 atlts Annual General MeetlnS held on 296 Septehber, 2022. We had completed our Statutory Audit for the financialyear ended on Merch 31,2026and issued our audit reporl on 5s lvlay, 2026. Over the years, the scale and complexity ofthe audit have increased considerably. Considering our firm's present resource allo€atlon, profusslonal comhitments, our priorities, the commerclal consideration and its complexlty, we have decided to discortinue the audlt enSagemedt. Accordlnglv we wlsh to convey off decislon of re5iSr,ation as Statutory Auditors oftie Company with effect from the conclusion of the ensuinS meetillt of the Boad of Oire.tors. We will issue our lknited revlew report for the quarter ended .lune 30, 2026 In compliance whh Para 6(A) (ii) of SEBI clrcular No. CIRICFD/CMD/LI4/2079 dated October 1& 2019. As per the requirement of the Companies Act, 2013, we shall be forwarding the copy of the ADT-3 to be filed with the Re8istrar of Companles, in due 6ourse. h ls cenified that our flrm neither have any sort of dispute nor have any concern relatlng to suppression of information by the management ofthe Company for the purpose of carrying our audh procedures, Please find enclos€d h€re with Annexure-A comprising the information to be obtained by the Cofipany from the audltors for resignation as required by SEBI Clrcular No. C|R,/CFD/CMDV1ry2019 dated 18 0c! 2019. ThankingYou, YourSinc€rely, F6r Maroti & Arsoclztes Charter€d Accountarfs Firm Registrdtion No, 32270E fui"-a cA Radhika Patodia Partner Membership No.309219 Ahmr6 A Dis.losure ol informaUon as per sEBl Orcular IIo. cln/CFD/CMD1/1 /Zrg dated 18th Octob€r 2019 t. Name ofth€ tisted entlty/material rub6idiary 2. Details of the statutory audltors M/s. Maroti & Asociates Dhmond Herita8e 56 E@r, Offlce - 503, 15, StrEnd Road, Ealrley Place, (olkata - 700001 +q131U14q1300 Email ld 3 Details of assoclatlon with th€ list€d a) Date on ufii.h tte statutory audltor w?s 29.O9.2022 b) Date on whlch the tem of the statutory AnnualGeneral Meetlng to be held a uditor wa scheduled to erpiE tot Ff 2.02627 th t E yeat A27 a) Pior to reslgnation, the lat€n audit W€ have issued the audlt report tur I rcporvlimited review report submitted by the finan.ial y€ar end€d 31st the auditor and date ofiB submission: March, 2026 and wlll be lssuhg the llmited review rcport for th€ quarter ended :loth .lune, 2025. Detaried rcasons for rcslgnatlon Reftr to resignario. letter dared 2L07.2025 5 ln case of any concerns, efiorts made by the audltorp or to rBignatlon {lncludint approaching the Audlt Committee/Board of Directo6 along with the date of mmmunlction made to the Audit Commlttee/Board of Dlrectors) 6. ln .ase the informatlon ,Equesied by the auditor was not provided, th€n tollowine shall be disdos€d a) Whether the llability to obtain sfficient approp.iate audit evidence was due to a manag€ment-hposed llmltatlon or circumstahces bewnd the @Etsd of the b) whether the lack of informatlon would have significant impact on the financial statements/resul!s. c) Whelher the auditor has performed ahematlve proc€dure to obtain appropriate evidence for the purposes of audit/limited review as laid down in SA 7O5 (Revised) d) Whether the lack of information was prevalent ln the previous reported financaal statements/results. lf yes, on 'what basls the previous audit/limlted reviev, reports 'ulere lssled 7. Any other facts releyam to the resignation Declaration: 1. we hereby conflrm that the information glven in this letter and lts attadlments ls correct and complele. 2. We hereby confirm that there is no other material reason other than those provided above for reslgnation of my firm. For Maroti & Associates Chartered Accountants Firm Reglstration No. 32270E cA Radhlka Patodia Partnel Membershlp No.309219 ANNEXURE - B Details as required under Requlation 30 oI Part A ot Schedule lll of SEBI (LoDR) Resulations, 2015 and SEBI Master Circular SEBI/HO/CFD/PoD2IC|R/P/0155 dated 1lth November. 2024 (updated as on 3&h Januarv. 2026): Resignation o [Showing first 8,000 characters — download PDF for full document]