Appointment

No. S/BC/1(18-5)/2026/111 August 05, 2026 National Stock Exchange of India Limited Scrip Code: KIOCL Through: NEAPS BSE Limited Scrip Code: 540680, Scrip Name: KIOCL Through: BSE Listing Centre Metropolitan Stock Exchange of India Limited Scrip Code: KIOCL Through: mylisting Dear Sir / Madam, Sub: Appointment of Shri. Rakesh Modi, Shri. Subhash Chandra Saraf and Shri. Avtar Singh as ‘Non-Official Independent Directors’ on the Board of KIOCL Limited In pursuance of Regulation 30 read with Schedule III of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, we hereby inform that the Ministry of Steel, Government of India, vide Order No. 1/1/2026-BLA dated 14th July, 2026, had appointed the following persons as ‘Non-Official Independent Directors’ on the Board of KIOCL Limited for a period of three years with effect from the date of notification of their appointment or until further orders, whichever is earlier: (i) Shri. Rakesh Modi (ii) Shri. Subhash Chandra Saraf (iii) Shri. Avtar Singh The details as required under Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 read with the SEBI Master Circular as amended from time to time for compliance with the provisions of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 are provided in Annexure-I. A copy of their appointment orders is enclosed at Annexure-II for kind reference. Further, it is confirmed that the aforementioned appointees are not debarred from holding the office of Director by virtue of any order passed by the Securities and Exchange Board of India (SEBI) or any other authority. This is submitted for your information and record. Thanking You, Yours faithfully, For KIOCL Limited, (Clafton Siddharth) Company Secretary & Compliance Officer Email: cs@kioclltd.in Annexure-I Brief profile of Independent Directors: Particulars Details Name of Director Shri. Rakesh Modi Appointment as Non-Official Independent Director on the Board of Reason for Change KIOCL Limited pursuant to the Order of the Ministry of Steel. Appointed pursuant to Ministry of Steel Order No. 1/1/2026-BLA Date of Appointment & Term dated 14th July, 2026, for a period of three years with effect from of Appointment the date of notification of his appointment or until further orders, whichever is earlier. Shri Rakesh Modi has extensive experience in public administration, civic governance, institutional management and social service. He has held leadership positions in several social, charitable and community organizations, including as Vice President of the Indian Red Cross Society, National Vice President Brief Profile of Akhil Indian Maheshwari Yuva Manch (2018 to 2021) and Vice Chairman of Nagar Nigam (2013 to 2018). He has also been associated with various educational, cultural, trade and charitable organizations, reflecting his broad experience in governance, community engagement and organizational leadership. Disclosure of Relationship Shri Rakesh Modi is not related to any Director of the Company. between Directors Information as required Shri Rakesh Modi is not debarred from holding the office of pursuant to BSE Circular with Director by virtue of any order passed by SEBI or any other reference to the Enlistment of authority. Directors Particulars Details Name of Director S hri. Subhash Chandra Saraf Appointment as Non-Official Independent Director on the Board of Reason for Change KIOCL Limited pursuant to the Order of the Ministry of Steel. Appointed pursuant to Ministry of Steel Order No. 1/1/2026-BLA Date of Appointment & Term dated 14th July, 2026, for a period of three years with effect from of Appointment the date of notification of his appointment or until further orders, whichever is earlier. Shri. Subash Chandra Saraf has experience of over 40 years in the core areas of Audit, Direct & Indirect Taxes, Domestic and International Tax Planning, Domestic and International Deal Initiations, Capital Planning Advisory, Corporate Consultancy, Mergers & Amalgamations, besides having special exposure, business process re-engineering, requirements definition, systems design, systems development and implementation, information security, pre- and post- implementation reviews, Internal Audit, Brief Profile Management Audit, Investigation Audit, monitoring and handling of change management in operational and financial areas, business model transformation supporting domestic and global businesses to transform and integrate effectively, including assessing and designing of risk and controls. He served as an Independent Director of National Buildings Construction Corporation Limited (NBCC) from December 2011 to November 2014 and The State Trading Corporation of India Limited (STC) from March 2012 to February 2015, both listed Navratna CPSEs. Disclosure of Relationship Shri Subhash Chandra Saraf is not related to any Director of the between Directors Company. Information as required Shri Subhash Chandra Saraf is not debarred from holding the office pursuant to BSE Circular with of Director by virtue of any order passed by SEBI or any other reference to the Enlistment of authority. Directors Particulars Details Name of Director S hri. Avtar Singh Appointment as Non-Official Independent Director on the Board Reason for Change of KIOCL Limited pursuant to the Order of the Ministry of Steel. Appointed pursuant to Ministry of Steel Order No. 1/1/2026-BLA Date of Appointment & Term dated 14th July, 2026, for a period of three years with effect from of Appointment the date of notification of his appointment or until further orders, whichever is earlier. Shri Avtar Singh holds a Bachelor of Science (B.Sc.) degree from the University of Kashmir. He possesses over 18 years of experience in the pharmaceutical sector, having worked in marketing and sales across Jammu & Kashmir, Punjab and Brief Profile Himachal Pradesh, including as a Zonal Head (North Zone). He has also held various elected positions in local self-government institutions, including Sarpanch, Block Development Council (BDC) Chairman, and District Development Council (DDC) Member in the Union Territory of Jammu & Kashmir. Disclosure of Relationship Shri Avtar Singh is not related to any Director of the Company. between Directors Information as required Shri Avtar Singh is not debarred from holding the office of pursuant to BSE Circular with Director by virtue of any order passed by SEBI or any other reference to the Enlistment of authority. Directors Annexure-|| T/ No. 1/1/2026-BLA HRA WDR/Government of India ST HATTI/Ministry of Steel @ Wi FrIfET ThT8/Board Level Appointment Cell) GPOA-3, Netaji Nagar, New Delhi /Date: 14.07.2026 ORDER In exercise of the powers conferred by Articles of Association of KIOCL Limited, the President is pleased to appoint Shri Avtar Singh as Non-Official Director on the Board of KIOCL Limited for a period of three years from the date of notification of his appointment, or until further orders, whichever is earlier. (PG BHSibhendu Hota) 3R Y, R SR Deputy Secretary to the Govt. of India GIHIY/Tel: 26773303 Copy to: 1. CMD, KIOCL Limited 2. Company Secretary, KIOCL Limited 3. Registrar of Companies, 4" Floor, IFCI Tower, 61-Nehru Place, New Delhi. . Establishment Officer and Additional Secretary, Secretariat of ACC, DoPT, North Block, New Delhi w.r.t. communication no. 20/11/2026-EO(PE) dated 13.07.2026 5. Secretary, Department of Public Enterprises, Block No. -14, CGO Complex, Lodhi Road, New Delhi 6. Shri Avtar Singh, Monghama, Tral, Jammu & Kashmir-192123, Mob: 7889941742 , Email id: handaavtar123@gmail.com 7. Olo HSM 8. O/o MoS (Steel) 9. Ofo Secretary (Steel) 10. O/o AS&FA/IS(AN)/JS(VKT)/JS(DNP)/Statistical Adviser/EA/JS(SM) 11. KIOCL Division 12. Guard File T/ No. 1/1/2026-BLA HRAd WXPR/Government of India ST HATTA/Ministry of Steel @€ T fgfdT UPHI8/Board Level Appointment Cell) GPOA-3, Neta_ji Nagar, New Delhi T /Date: 14.07.2026 ORDER In exerci [Showing first 8,000 characters — download PDF for full document]