Outcome of Board Meeting

MSP Steel & Power Limited announced the outcome of its Board Meeting held on June 19, 2026. The Board of Directors approved a proposal for a variation in the objects for the utilization of funds previously raised. However, this announcement is incomplete, as it does not specify which funds are subject to variation, the nature of the proposed changes to their utilization, or the new objects. Consequently, the financial implications and direct significance for investors cannot be determined from this disclosure.