Outcome of Board Meeting

Date: 19-06-2026 To, To, The Manager, The Manager, National Stock Exchange of India Limited BSE Limited “Exchange Plaza”, C-1, Block-G Phirozee Jeejeebhoy Towers Bandra- Kurla Complex, Bandra (E) Dalal Street Mumbai- 400 051 Mumbai – 400 001 Company Symbol: MSPL Scrip Code No.: 532650 Dear Sir, Sub: Intimation under Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 - Outcome of Board Meeting dated 19th June 2026. This is to inform you that, pursuant to the Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 and such other as applicable, the meeting of the Board of Directors of the Company held on today, i.e., June 19, 2026, at its Registered office, the following matters were decided by the Board: 1. Pursuant to Regulation 32 of SEBI (LODR) Regulations, 2015 and applicable provisions of the Companies Act, 2013,the Board of Directors has approved the proposal for variation in the objects for utilization of funds raised through the Preferential Issue of Convertible Warrants, subject to approval of the members of the Company by way of Special Resolution at Extra Ordinary General meeting (EGM) to be held on 14th July 2026, 2. The Board has approved the notice of the Extra-Ordinary General meeting (to be held on 14th July, 2026 vide video conferencing and other audio-visual means) seeking Shareholder’s approval for the variation in the objects relating to the utilization of funds as explained above. Disclosure for Extra-Ordinary General Meeting under Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 read with SEBI Master Circular SEBI/HO/CFD/PoD2/CIR/P/2023/120 dated 11th July, 2023 and SEBI Circular SEBI/HO/CFD/CFD-PoD-1/P/CIR/P/2023/123 dated 13th July, 2023 is as below: Date of Notice The date of the Extra-Ordinary General Meeting Notice is 19th June, 2026. Prescribed Details Resolution to be Manner of passed approval Agenda / Resolutions Proposed : Variation in the objects relating to utilization of Special Resolution Remote e-voting funds and e-voting during 3. The Board of Directors of the Company, has approved the appointment of Swati Bajaj, Practicing Company Secretary (Membership No. 13866, Certificate of Practice No.3502), as the Scrutinizer to scrutinize the process of remote e-voting and voting through electronic means during the Extra- Ordinary General Meeting ("EGM") of the Company, in a fair and transparent manner, in accordance with the provisions of Section 108 of the Companies Act, 2013, and the rules made thereunder. 4. The Board of Directors, with the permission of the Chair, considered and discussed such other matters as were incidental and consequential to the business of the Company. The Meeting commenced at 3:00 p.m. and concluded at 3:30 p.m. This is for your information and record. Thank you, Yours faithfully, On behalf of MSP STEEL & POWER LIMITED Shreya Kar Company Secretary & Compliance Officer