We wish to inform you that the Company has now received another provisional attachment order dated 07/08/2026, issued by Deputy, Director, Delhi Zonal Office-I, Directorate of Enforcement, New Delhi.

THROUGH ONLINE PORTAL Ref. No.: NISL/SE/2026-27 Dated: 08/08/2026 The Secretary Bombay Stock Exchange Limited Phiroz Jeejeebhoy Towers, 25th Floor, Dalal Street, Mumbai 400001 Dear Sir, Subject: Disclosure under Regulation 30 read with Schedule III of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 – Receipt of Provisional Attachment Order from the Directorate of Enforcement (“ED”) Ref: Our earlier disclosure dated 26.06.2026 and 09.07.2026 regarding receipt of Provisional Attachment Order from the ED. Dear Sir/Madam, We wish to inform you that the Company has now received another Provisional Attachment Order, being Provisional Attachment Order No. 21/2026 dated August 07, 2026, issued by the Deputy Director, Delhi Zonal Office-I, Directorate of Enforcement, New Delhi. The Company is presently examining the contents of the said Order and, based on legal advice, shall take all appropriate legal steps to safeguard its interests and contest the matter before the appropriate legal forums. The details as required under Regulation 30 of the Listing Regulations read with SEBI circular No. HO/49/14/14(7)2025-CFD-POD2/I/3762/2026 dated January 30, 2026 are provided in the Annexure 1 hereto. A copy of the aforesaid Provisional Attachment Order is enclosed as Annexure 2 . This is for your information and records. Thanking You Yours Faithfully For Nova Iron and Steel Limited (Dheeraj Kumar) Company Secretary Encl: a/a Annexure 1 Sr. No. Particulars Details 1. Name of the authority Directorate of Enforcement (“ED”), New Delhi 2. Nature and details of the action(s) taken, As per the Provisional Attachment Order initiated or order(s) passed No. 21/2026 dated August 07 , 2026 , enclosed as Annexure 2 . 3. Date of receipt of direction or order, including 07 th August , 2026 at 06:47 P.M. any ad-interim or interim orders, or any other communication from the authority 4. Details of the violation(s)/ contravention(s) As set out in the Provisional Attachment committed or alleged to be committed Order enclosed as Annexure 2 . 5. Impact on financial, operation or other activities The Company is of the view that the said of the listed entity, quantifiable in monetary Provisional Attachment Order does not terms to the extent possible have any material impact on its day-to-day operations. The Company is evaluating the implications of the Order and will take appropriate legal recourse. FAINT ACHR, wads Preererat GOVERNMENT OF INDIA DIRECTORATE OF ENFORCEMENT Delhi Zonal Office-I, C-Block, Pravartan Bhawan, Dr. APJ Abdul Kalam Road, New Delhi-110011 E-mail: dddlozi3-ed@gov.in Ph: 011-23339331 F. No.: ECIR/DLZO-I/02/2019/ DATED: 07.08.2026 PROVISIONAL ATTACHMENT ORDER NO. 21/2026 (IN ECIR/DLZO-I/02/2019) JUNDER FIRST PROVISO TO SUB-SECTION (1) OF SECTION 5 OF THE PREVENTION OF MONEY LAUNDERING ACT, 2002 (AS AMENDED)] ‘Ls Authorization In exercise of the authorization vide Technical Circular No. 03/2011 dated 27.09.2011 issued by Directorate of Enforcement to act as Statutory Authority under PMLA, issued by the Director of Enforcement, under First proviso to Sub-section (1) of Section 5 of the Prevention of Money Laundering Act, 2002 (15 of 2003), [hereinafter referred to as “PMLA”] read with Notification No. GSR. 441 (E) dated 1% July, 2005, and the addendum dated 12" October, 2011 issued by the Director of Enforcement, I, Mayank Prakash, Deputy Director, Directorates of Enforcement, Delhi Zone-I, New Delhi, make the following order as under:- 2. Material placed before the Authority: - WHEREAS, on perusal of, and after taking into consideration the contents of the records: (i) FIR. RC No. RCBD1/2019/E/0002 dated 05.04.2019 under sections 120-B r/w 420, 468, 471 & 477A of IPC & Section 13(2) r/w 13(1) (d) of PC Act, 1988 (ii) Chargesheet dated 31.12.2022 filed by CBI before Hon’ble Court; (iii) Documents received from the Income Tax and other authorities; _ if . - 1|Page (iv) ECIR/DLZO-I!/02/2019 dated 25.04.2019 recorded by Enforcement Directorate, Delhi Zonal Office-1 (DLZO-1), New Delhi, based on aforesaid FIR registered by the CBI, as the offences under sections 120-B r/w 420, 468, 471 & 477A of IPC & Section 13(2) r/w 13(1) (d) of PC Act, 1988, are the scheduled offences in Part A of the Schedule of the Prevention of Money Laundering Act. 2002; (v) Addendum dated 17.03.2026 to the ECIR/DLZO-I/02/2019 (vi) Audited Balance Sheets of M/s Nova Iron and Steel Ltd from the period 2011-12 to 2024-25; (vii) Audited Balance Sheets of M/s BPSL from the period 2011-12 to 2024-25; (viii) Relevant bank account statements; (ix) Statement of the persons called for under summons under section 50 of PMLA, 2002 and submission made by them; (x) Revenue documents received from concerned revenue authorities; Brief facts of the case. As per FIR No RCBD1/2019/K/0002 dated 05.04.2019 by CBI (i) M/s Bhushan Power & Steel Limited (M/s BPSL), a Public Limited company, incorporated on 22 February 1999, involved in the manufacturing of basic Iron & Steel and having various units located at different places in the country, through its directors Sanjay Singal, Aarti Singal, Dinesh Kumar Yadav, Ravi Prakash Goyal, Ram Naresh Yadav, Hardev Chand Verma and Ravinder Kumar Gupta, and staff availed various credit facilities from 33 different banks/ financial institutions between 2007 to 2014 and the outstanding defaulted amount as on 30.01.2018 was Rs.47,204 Crores. That, M/s BPSL availed various loan facilities from 33 banks/financial institutions between 2007 to 2014 under the leadership of Punjab National Bank, Large Corporate Branch, Chandigarh, for different purposes, namely, working capital, term loan for purchase of plant & machinery, non-fund based term loans etc. That M/S BPSL and its Directors deliberately defaulted in repayment of loan amounts to lender banks/financial institutions as per the time schedule, and their accounts remained continuously irregular. Subsequently, the lead bank, i.e. PNB, declared the account of M/s BPSL as NPA on 31.12.2015, followed by the other banks/financial institutions. (ii) Income Tax authorities conducted searches on the premises of M/s BPSL in Chandigarh on 21.12.2014 and found illegal diversion of funds from the accounts of M/s BPSL through various modus operandi. It is learnt that M/s BPSL, its Directors and their staff dishonestly and fraudulently diverted Rs. 2348 Crores into the accounts of various companies showing as advances between 1.4.2007 to 31.3.2014 without any obvious purpose and thereby misused funds. (iii) Out of this fraudulently diverted amount, M/s BPSL and its Directors/staff had paid an amount of Rs. 537.85 Crores without any obvious purpose to 86 shell companies, out of writiali Rs. 30.90 Crores was dishonestly and fraudulently diverted during the financial year 2013-14 alone without any valid business transactions in violation of the terms of the loan sanction. (iv) Outstanding amounts in the books of M/s BPSL shown as capital advances given to various companies are different from the balances shown by these companies in their books as on 31.03.2017, which shows falsification of the books of accounts. (v) The Directors of M/s BPSL also arranged fake /forged Cenvatable invoices/ paper bills and supporting documents like GRs, transport documents, vouchers, etc., through one Ritesh Kapoor, resident of lst Floor, 16, Road No. 57, West Punjabi Bagh, New Delhi for fraudulent diversion of bank funds in the name of M/s R.K. Industries, M/s Anil Steel Pvt. Ltd., M/s Passive Infra Projects Pvt. Ltd., M/s Srishti Metals Pvt. Ltd., M/s Preet Machine Ltd., (M/s PML) without any corresponding supply of goods, and also dishonestly availed unauthorized cenvat credit to the tune of Rs.41.02 Crores from October, 2011 to April, 2015. The major part of the. payments which were made through RTGS/Cheques against these invoices/bills were later on returned to the Directors/Staff of M/s BPSL without supply of goods thereby causing l [Showing first 8,000 characters — download PDF for full document]