Outcome of Board Meeting

SAL STEEL LTD. Reg. Office : 604, Zion Z1, Near Avalon Hotel, Sindhu bhawan Road, Bodakdev, Ahmedabad-380059, India . Phone: 09925103299, E-Mail: info@salsteel.co.in 01.07.2026 BSE LIMITED NATIONAL STOCK EXCHANGE OF INDIA Phiroze Jeejeebhoy Tower, LIMITED Dalal Street, Exchange Plaza, Plot No C/1, G-Block, Mumbai – 400001 Bandra – Kurla Complex, Bandra (E), Mumbai – 400051 BSE Scrip Code: 532604 NSE Symbol: SALSTEEL Sub.: Outcome of Board Meeting held on 01.07.2026- Disclosure under Regulation 30 of SEBI (LODR) Regulation, 2015. Pursuant to Regulation 30 of Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015, we are pleased to inform that the Board of Directors of the company in their meeting held today i.e. July 01, 2026 has inter-alia approved following A. Appointment of Shri Anil Kumar Singh as Chief Financial Officer (CFO) of the Company On recommendation of Nomination and Remuneration Committee, Audit Committee and Pursuant to Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements), Regulations, 2015 and Section 203 and other applicable provisions, if any, of the Companies Act, 2013 and Companies (Appointment and Remuneration of Managerial Personnel) Rules, 2014, as amended, the Board of Director be and is hereby accorded for appointment of Shri Anil Kumar Singh as Chief Financial Officer (CFO) of the Company with effect from July 01, 2026. The information required pursuant to provision of Schedule III of the Listing Regulations read with SEBI Circular No. SEBI/HO/CFD/PoD2/CIR/P/2023/120 dated 11th July, 2013 and SEBI Circular No. No. SEBI/HO/CFD/CFD-PoD-1/P/CIR/2023/123 dated July 13, 2023 is enclosed herewith as “Annexure- [The aforesaid Board Meeting commenced at 13:00 hrs. and concluded at 14.00 hrs.] Kindly take the above on your record. Thanking you. Yours faithfully, For SAL Steel Limited Devilal J. Shah Company Secretary and Compliance Officer ICSI Mem No. A58287 CIN: L29199GJ2003PLC043148 Work: Village Bharapar, Tal. : Gandhidham, Dist.:Kutch-Bhuj Phone: 09925103299 Website: www.salsteel.co.in SAL STEEL LTD. Reg. Office : 604, Zion Z1, Near Avalon Hotel, Sindhu bhawan Road, Bodakdev, Ahmedabad-380059, India . Phone: 09925103299, E-Mail: info@salsteel.co.in ANNEXURE-1 Disclosure under Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 read with SEBI/HO/CFD/CFD-PoD-1/P/CIR/2023/123 dated July 13, 2023 A) Appointment of Shri Anil Kumar Singh as Chief Financial Officer of the Company Sr. No. Disclosure Requirements Details 1. Name of Chief Financial Officer Shri Anil Kumar Singh 2. Reason for change viz. Appointment as Chief Financial Officer (“CFO”) and appointment, re-appointment, Key Managerial Personnel (“KMP”) of the Company. resignation, removal, death, Designation or otherwise; 3. Designation Chief Financial Officer 4. Date of appointment/re- July 01, 2026 appointment/ resignation / removal/ death/ Designation or Appointment of Shri Anil Kumar Singh as Chief otherwise; Financial Officer (CFO) of the Company 5. Brief Profile Shri Anil Kumar Singh is a distinguished Techno- Commercial corporate leader currently serving as the Whole-Time Director at SAL Steel Limited. He brings over 35 years of executive experience across the Steel, Automobile, and Textile industries. Academically and professionally anchored as a qualified Cost and Works Accountant (ICWA) and B.Com graduate, he uniquely bridges the gap between heavy industrial engineering and strategic financial governance. Throughout his stellar career, which includes pivotal leadership roles as President of Sree Metaliks Limited and Chief Operating Officer (COO) of Tembo Steels (U) Limited in Uganda, Africa, he has demonstrated a proven track record in managing massive, integrated steel plants. His profound expertise spans technical operations—including Steel Melting Shops (Induction Furnace Route), Continuous Casting Machines (CCM), and TMT, Block, Structural, Strip, and Pipe Mills— alongside a masterful command over boardroom budgeting, procurement, logistics, HR, and large-scale workforce management. 6. Disclosure of relationships between Shri Anil Kumar Singh is not related to any Director or Directors and KMPs Key Managerial Personnel of the Company CIN: L29199GJ2003PLC043148 Work: Village Bharapar, Tal. : Gandhidham, Dist.:Kutch-Bhuj Phone: 09925103299 Website: www.salsteel.co.in