Appointment of M/s Walker Chandiok & Co LLP as statutory Auditor of the Shivalik Engineered Products Pvt. Ltd. and Shivalik Bimetal Engineers Pvt. Ltd.

SBCL/BSE & NSE/2026-27/34 07th August 2026 To, To, BSE Limited National Stock Exchange of India Ltd. Corporate Relationship Deptt. Exchange Plaza, Plot No. C/1, G-Block Bandra Kurla PJ Towers, 25th Floor, Dalal Street, Complex, Bandra (East), Mumbai – 400 051 Mumbai – 400 001 Code No. SBCL Code No. 513097 Subject: Disclosure under Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 (“SEBI Listing Regulations”) — Appointment of Statutory Auditors in Subsidiary Companies. Dear Sir/Madam, We wish to inform you that Shivalik Engineered Products Private Limited (Material Subsidiary) and Shivalik Bimetal Engineers Private Limited (Subsidiary), at their respective meeting of the board held on today i.e. August 7, 2026, approved and recommend the appointment of M/s Walker Chandiok & Co LLP, Chartered Accountants (Firm Registration No. 001076N/N500013), as the Statutory Auditors of the respective companies. The said appointment is based on the recommendation of the Board of Director subject to the approval of shareholders of the Company, the Board of Directors of the Company has approved the appointment of M/s. Walker Chandiok & Co LLP, Chartered Accountants (Firm Registration No. 001076N/N500013) as the Statutory Auditor of the Company to fill the casual vacancy caused by the resignation of M/s. Arora Gupta & Co., Chartered Accountants, from August 07th, 2026 upto the ensuing AGM of the Company; and To recommend the appointment of M/s. Walker Chandiok & Co LLP, Chartered Accountants (Firm Registration No. 001076N/N500013) to the shareholders of the Company for a term of five (5) consecutive years effective from the date of the upcoming AGM to be held in FY 2026-27 (for the FY 2026-26) Disclosures required pursuant to Regulation 30 of the SEBI Listing Regulations read with SEBI Master Circular No. SEBI/HO/CFD/CFD-PoD-1/P/CIR/2023/123 dated July 13, 2023, are enclosed as Annexure-A. You are requested to take the same on record. For Shivalik Bimetal Controls Limited Aarti Sahni Company Secretary M. No.: A25690 Annexure-A Disclosure pursuant to Schedule III of Regulation 30 of SEBI Listing Regulations read with SEBI Circular no. SEBI/HO/CFD/CFDPoD1/P/CIR/2023/123 dated July 13, 2023 Shivalik Engineered Products Private Limited, Shivalik Bimetal Engineers Private Limited, “Wholly Owned material Subsidiary” “Wholly Owned Subsidiary” 1. Reason for Change viz. appointment, Appointment w.e.f. August 7, 2026, upto the date of annual general meeting to fill the casual vacancy resignation, removal, death or otherwise on resignation of existing auditor. Further, the board has proposed to appoint for a term of 5 years in the upcoming annual general meeting. 2. Date of appointment/cessation (as applicable) August 07, 2026 & & Term of Appointment To hold office till the conclusion of ensuing Annual General Meeting subject to approval of shareholders. 3. Brief Profile (in case of appointment) Name of Auditor: M/s Walker Chandiok & Co LLP (FRN: 001076N/N500013) Office Address: 21st Floor, DLF Square, Jacaranda Marg, DLF Phase II, Gurugram 122-002 Email Id: madhu.sudan@walkerchandiok.in Field of Experience: M/s. Walker Chandiok & Co LLP (Firm Registration no. 001076N/N500013) is a firm of Chartered Accountants registered with the Institute of Chartered Accountants of India (ICAI), Public Company Accounting Oversight Board (PCAOB) and empaneled with Comptroller and Auditor General of India (CAG). The firm was established in the year 1935 and its registered office is situated at New Delhi with Nineteen other offices across major cities in India. It has ninety- eight partners. It has a valid peer review certificate and is one of India’s leading audit firms providing audit and assurance services to several large companies including some of the top one hundred listed entities in India. 4. Disclosure of relationships between directors Not Applicable