Press Release

SMEL/SE/2026-27/56 29th July, 2026 The Secretary, The Manager - Listing Department Listing Department, National Stock Exchange of India BSE Limited Limited “Exchange Plaza”, 5th Floor, Phiroze Jeejeebhoy Towers Dalal Street Plot No. C/1, G Block, Bandra-Kurla Mumbai 400 001 Maharashtra, India Complex, Bandra (East), Scrip Code: 543299 Mumbai 400 051 Maharashtra, India Symbol: SHYAMMETL Sub: Press Release Dear Sir/Madam, Pursuant to Regulation of SEBI (LODR) Regulations, 2015, we are please to inform you that the Company has issued a Press Release titled “SHYAM METALICS AND ENERGY LIMITED ANNOUNCES COMMISSIONING OF NEW 1.5 MTPA BENEFICIATION PLANT” This is for your information and Record. For Shyam Metalics and Energy Limited Birendra Kumar Jain Company Secretary Membership No. F13320 OUR BRANDS SHYAM METALICS AND ENERGY LIMITED Regd. O(cid:431)ice: P-19, (Plate No.: D-403), Taratala Road, CPT Colony, Kolkata, West Bengal – 700088 CIN: L40101WB2002PLC095491 GSTIN: 19AAHCS5842A1ZE T:+91 33 6521 6521 Email: contact@shyamgroup.com Web: www.shyammetalics.com Follow us on : Power | Ferro Alloys | Pellets | Pig Iron | Billets | Sponge Iron | Wire Rod | Wire | TMT & Structurals | Aluminium Foil | Roofing Product | Stainless Steel | DI Pipes SHYAM METALICS AND ENERGY LIMITED ANNOUNCES COMMISSIONING OF NEW 1.5 MTPA BENEFICIATION PLANT Kolkata, India - 29th July, 2026 — Shyam Metalics and Energy Limited (SMEL), one of India's leading integrated metal producers, today announced the successful commissioning of its new 1.5 MTPA (Million Tonnes Per Annum) Beneficiation Plant in Sambalpur (Odisha). Representing a capital investment of ₹150 Crore, the newly operational facility will upgrade low-grade ore into high-quality feedstock, driving raw material optimization and significantly enhancing profitability. Strategic Highlights & Operational Benefits  Commercial Production Live: The plant is now fully operational, processing low- grade ore and seamlessly delivering high-grade feedstock to downstream operations.  Maximized Resource Efficiency: Upgrading lower-grade minerals extends mine life, minimizes waste, and ensures optimal utilization of existing reserves.  Margin Expansion: Processing low-grade ore in-house significantly reduces reliance on costly external feedstock, creating strong cost synergies and boosting overall operating margins.  Consistent Quality: Cutting-edge beneficiation technology ensures a uniform, premium-grade input, improving yield and throughput across manufacturing lines. Mr. Brij Bhushan Agarwal, Chairman & Managing Director, Shyam Metalics and Energy Limited, said: "Commissioning of our 1.5 MTPA facility marks a transformative milestone for Shyam Metalics, This ₹150 Crore facility is already delivering on its operational promises— maximizing the value of our raw material base, lowering overall production costs, and immediately strengthening our bottom line." Operational Impact & Sustainability The newly active facility incorporates modern, eco-efficient beneficiation technology designed to optimize water and energy consumption while keeping waste output to a minimum. By converting previously underutilized low-grade resources into high-value inputs, Shyam Metalics reinforces its commitment to responsible resource management and sustainable industrial growth. About Shyam Metalics and Energy Limited Shyam Metalics is a leading and fastest-growing integrated metal-producing company based in India primarily in the steel industry in West Bengal, Odisha, Jharkhand, and Madhya Pradesh with a focus on Long & Flat Steel Products, Ferro Alloys, Aluminium, and Stainless Steel. The company got listed itself on the exchanges in 2021 and possesses a market capitalization of more than ₹ 28,500 Cr. Headquartered in Kolkata, West Bengal, the company is amongst the largest producers of ferro alloys in terms of installed capacity in India. The company has an aggregate installed metal capacity of 16.93 MTPA across the steel value chain and is supported by a 467 MW aggregated installed capacity of captive power plants. For more information, please visit our website at https://www.shyammetalics.com/. Contact Details Media Relations Contact Shyam Metalics and Energy Ltd: Adfactors PR: Deepak Agarwal |Director Finance & CFO Vikas Srivastava deepakag@shyamgroup.com vikas.srivastava@adfactorspr.com investor.relations@shyammetalics.com 9867065257 Pankaj Harlalka pankaj.harlalka@shyammetalics.com Address: P-10 (Plate No. D-403) Taratala Road, Kolkata-700088, West Bengal, India Investor Relations Advisers: Ernst & Young LLP Diwakar Pingle, Head – Investor Relation Advisory | Diwakar.Pingle@in.ey.com Binay Sarda, Vice – President | Binay.sarda@in.ey.com