Cessation of Mr. Palghat Krishnan Venkatramani as Non-Executive Independent Director of the Company with effect from 9th November, 2026.

maithan alloys ISO 9O0l : 2015 COiIP NY Registered Office : ldeal Centre, 4th Floor 9, A.J.C. Bose Road, Kolkata ' 700 017 T (033) 4063 2393 E ofilce@maithanalloys.com #ffY,8?ij!33".'3Jj,"'"# 10tn November, 2026 Secretary The Listing Department Limited The Calcutta Stock Exchange National Stock Exchange of India Ltd. Range, 7, Lyons Exchange Plaza, Bandra-Kurla Complex, Kolkata- 700 Bandra (E), Mumbai - 400 051 10023915 Scrip code: Scrip code: MAITHANALL Sub: Change in Management - Independent Director Dear Sir/Madam, We hereby inform you that Mr. Palghat Krishnan Venkakamani (DIN: 05303022) was re-appointed as an Lrdependent Director of the Company with effect from 10m November, 2021, for a period of 5 years. Consequently, Mr. Palghat Krishnan Venkatramani has stepped down from the Board of Directors by tendering his resignation as a Director of the Company effective from the close of business hours on 9s Novembet,2026 :upon completion of his second term as an Independent Director of the Company. Accordingly, he also ceases to be a member of the Iollowing Committees of the Board of Directors: 1. Audit Committee Nomination and Remuneration Committee Corporate Social Responsibility Committee Risk Management Committee The information required in terms of Regulation 30 read with Schedule III - Para A(7B) of Part A of the Securities and Exchange Board of krdia (Listing Obligations and Disclosure Requirements) Regulations, 2015 and Master Circular No. Ho/49 /1,4/1,4(n 20%-cFD-PoD2/r/ J762/2026 dated 30fr January, 2026 issued by the Securities and Exchange Board of hrdia, is enclosed herewith and marked as Annexure A. A copy of the letter as received lrom Mr. Palghat Krishnan Venkatramani tendering his resignation is enclosed herewith and marked as Annexure B. Ml. Palghat Krishnan Venkatramani has confirmed that there is no other reason for his resignation other than those mentioned in his resignation letter. The Company also confirms that there is no material reason for resignation of Mr. Palghat Krishnan Venkatramani other than those mentioned by him in his resignation letter. Contd.. Pg.2 Works : Unit - : P.o. Kalyaneshwari - 713 369. Dist, Paschim Bardhaman (West Bengal) Unit - lll : Plot No. 42 & 43, APSEZ, P,O. Atchutapuram, oist. Visakhapatnam - 531 011 (Andhra Pradesh) Unit - lV :APllC Growth Cenlre, Bobbili, Vizianagaram -535 558 (Andhra Pradesh) maithan alloys ltd ISO t00l :2016CO'IP Y Registered Ofiice : ldeal Centre, 4th Floor 9, A.J.C. Bose Road, Kolkata - 700 017 T (033) 4063 2393 E ofiice@maithanalloYs.com W www.maithanalloYs.com CIN : 127101W81985P1C039503 :P9.2: The event has occurred on 9th Nov enrbeq 2026 al 6:00 P.M. This information is submitted pursuant to Regulation 30 of the Securities and Exchange Board of In&a (Listing Obtgations and Disclosure Requirements) Regulations, 2015. This is for your information and appropriate dissemination. Thanking you, Yours faithfully, For Maithan Alloys Limited Rajesh K. Shah Company Secretary Encl: a/a c.c. The Corporate Relationship Department BSE Limited Phiroze Jeejeebhoy Towers, Dalal Street, Mumbai- 400 001 Scrip Code: 590078 Workr : 961 - : P.0. Kalyaneshwari - 713 369. Dist. Paschim Eardhaman (West Bengal) Unit- lll : Plot No. 42 & 43, APSEZ, P.O. Atchutapuram, Dist. Visakhapalnam - 531 011 (An61'r. pr.O.rn) Unit - lV : APIIC Growth Cenke, Bobbili, Vizianagaram -535 558 (Andhra Pradesh) maithan alloys ltd lso 9001 i 2015 CO|PANY Registered Office : ldeal Centre, 4th Floor 9. A.J.C. Bose Road, Kolkata - 700 017 T (033) 4063 2393 E offlce@maithanalloYs com W www. maithanalloys.com CIN : L271 01W81 985P1C039503 Annexure A Information as required under Reeulation 30 read with Schedule III - Para A (7B) ofPart A ofthe SEBI (Listins Oblisations and Disclosure Requirements) Reeulations 2015 S.No. Particulars Description of Mr. I Reason for Change Resignation Palghat Krishnan Venkatramani (DIN: 05303022), as a Director of the Company with effect from November, 2026, consequent upon completion ofhis 2'd tenure as an Independent Director. 2. Date ofcessation 90 November, 2026 3. Brief Profile (in case of Appointment) Not Applicable 4. Disclosure of relationships with directors of the Not Applicable Company Additional Information in case of resignation of an Independent Director - Mr. Palghat Krishnan Venkatramani 5. Letter of Resignation along with detailed reason Copy ofthe letter as received from Mr. Palghat for resignation Krishnan Venkatramani on 9ft November, 2026, containing reason for tendering his resignation is enclosed herewith and marked as Annexure B. 6. Names of listed entities in which the resigning None director holds directorships, indicating the category ofdirectorship and membership of board committees, if any. 7, The Independent Director shall along with the Copy ofthe letter as received from Mr. Palghat detailed reasons, also provide a confirmation lhat Krishnan Venkatramani on 9s November, there is no other material reasons other than those 2026, containing the reason for tendering his provided. resignation also provides a confirmation that there is no other reason other than those provided by him for tendering his resignation. A copy of the said letter is enclosed as Annexure B. |Yorksl96l-1 :P.O. Kalyaneshwari .7'13369. Dist. Paschim Bardhaman (West Bengal) Unit - lll : Plot No. 42 & 43, APSEZ, P,O. Atchutapuram, Dist. Visakhapatnam - 531 011 (Andhra Pradesh) Unil - lV : APIIC Growth Cenlre, Bobbili, Vizianagaram -535 558 (Andhra Pradesh) Annexure B Palghat Krishnan Venkatramani 114 Vars Notting Hill, L't Main T.C. Palya Road, Hoysala Nagar, Bengaluru, Karnataka - 560016 9th November, 2026 The Board of Directors, Maithan Alloys Ltd. 4ft Floor, Ideal Centre, 9, A. J. C. Bose Road, Kolkata - 700017 Sub: Resigfration as pn Indepe+dent Director qtMaithan Allovs Ltd. Dear Sirs, I hereby tender my resignation as a Member of the Board of Directors of lWs Maithan Alloys Ltd., eflective from the close ofbusiness hours on 9s November, 2026, upon the conclusion of my tenure as an Independent Director ofthe Company. Accordingly, I also tender my resignation as a Member of the following committees of the Board of Directors with effect from the same date: Audit Committee Nomination and Remuneration Committee Corporate Social Responsibility Committee Risk Management Committee I thank you for providing me the opportunity to be associated with your Company, which has been a deeply rewarding professional experience, and I appreciate the cooperation extended to me by the Board of Directors and management throughout my term. I hereby confirm that: There are no material reasons for my resignation other than the conclusion of my tenure as stated above. I do not hold directorships or committee memberships in any other listed entity. Thanking you, Yours faithfully, e.u: Palghat Krishnan Venkatramani DIN: 05303022