Outcome of Board Meeting

To, Date: 11th August, 2026 The Manager, Listing Department National Stock Exchange of India Ltd. Exchange Plaza, Plot No. C/1, G-Block, Bandra- Kurla Complex, Bandra (East), Mumbai – 400051, Maharashtra, India. NSE Symbol: SAGARDEEP Sub: Outcome of Board Meeting held on 11th August, 2026 pursuant to Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 Dear Sir/ Madam, Pursuant to Regulation 33 read with Regulation 30 of the SEBI (LODR) Regulotions, 2018, the Board of Directors considered and approved the following agenda at the Meeting held on August 11, 2026. 1. Standalone and Consolidated Un-Audited Financial Results for the quarter ended on 30th June, 2026 along with Limited Review Report 2. Took Note that the tenure of M/s. Piyush J. Shah & Co, Chartered Accountants, existing Statutory Auditors of the Company will come to an end upon the conclusion of upcoming 19th Annual General Meeting (“AGM”) of the Company. The Audit Committee and the Board of Directors of the Company placed on records its appreciation for the valuable services rendered by the Statutory Auditors during their tenure. 3. Following the completion of tenure of existing Statutory Auditors, pursuant to the other applicable provisions on Appointment of Statutory Auditors and on the basis of recommendation of Audit Committee, approved the appointment of M/s. Ashish Sheth & Associates, Chartered Accountants (FRN: 146184W) as Statutory Auditors of the Company for a period of 5 (Five) consecutive years effective from the conclusion of 19th AGM up to the conclusion of 24th AGM of the Company (to be held in calendar year 2031), subject to the approval of shareholders in the upcoming AGM of the Company. The details as required under Regulation 30 of the SEBI Listing Regulations read with SEBI Master Circular No. SEBI/HO/49/14/14(7)2025-CFD-POD2/I/3762/2026 dated January 30, 2026 (‘SEBI Circular’), are enclosed as Annexure I The meeting was commenced at 4.30 PM (IST) and was concluded at 5.45 PM (IST). The above information is also available on the website of the Company at www.sdalloys.com We request you to take this on record and to treat the same as compliance with the applicable provisions of the Listing Regulations. Yours faithfully, For, Sagardeep Alloys Limited Satishkumar A. Mehta Managing Director [DIN: 01958984] Encl: As above Annexure I Details as required under Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 read SEBI Master Circular dated January 30, 2026 1. Completion of the tenure of M/s. Piyush J. Shah & Co, Chartered Accountants as Statutory Auditors of the Company: Sr. Details of the event that need to be Information of Such events No. provided 1 Name, address and E-Mail ID of the M/s Piyush J. Shah & Co. Statutory Auditor Chartered Accountants Address: 404, Shikhar Building, Nr. Mithakhali Six Road, Navrangpura, Ahmedabad-380009 Email: arvind@pjshahca.com 2 Reason for change viz. appointment, Tenure of the existing Statutory Auditors of the resignation, removal, death or otherwise Company will come to an end upon the conclusion of upcoming 19th Annual General Meeting (“AGM”) of the Company. 3 Date of Appointment/cessation Tenure of the existing Statutory Auditors of the (as applicable) & Terms of Appointment Company will come to an end upon the conclusion of upcoming 19th Annual General Meeting (“AGM”) of the Company. 4 Brief profile (in case of appointment) Not Applicable 5 Disclosure of relationships between Not Applicable directors (in case of appointment of a director) 2. Appointment of M/s. Ashish Sheth & Associates, Chartered Accountants (FRN: 146184W) as Statutory Auditor of the Company: Sr. Details of the event that need to be Information of Such events No. provided 1 Name, address and E-Mail ID of the M/s Ashish Sheth & Associates Statutory Auditor Chartered Accountants Address: 504 B, Shikhar Building, Nr. Mithakhali Six Road, Navrangpura, Ahmedabad-380009 Email: sheth.ashish013@gmail.com 2 Reason for change viz. appointment, Appointment as Statutory Auditor of the company resignation, removal, death or otherwise 3 Date of Appointment/cessation Appointment as Statutory Auditor to hold the office (as applicable) & Terms of Appointment for a period of 5 (five) consecutive years effective from the conclusion of 19th AGM up to conclusion of 24th AGM of the Company (to be held in calendar year 2031), subject to the approval of shareholders in the upcoming AGM of the Company. 4 Brief profile (in case of appointment) Ashish Sheth & Associates is a well-established and professionally managed Chartered Accountancy firm with extensive experience in providing audit, assurance, taxation, corporate advisory, and regulatory compliance services. The firm is recognized for its commitment to professional excellence, integrity, independence, and adherence to the highest standards of quality and ethics. The firm has developed expertise in conducting statutory audits, internal audits, tax audits, due diligence assignments, financial reporting, corporate law compliance, taxation, mergers and acquisitions, project financing, transaction advisory, and strategic business consulting. Its multidisciplinary team provides practical and value-driven solutions to listed companies, private companies, startups, SMEs, and multinational corporations across diverse sectors. The firm is committed to delivering independent, objective, and high-quality professional services that support sound corporate governance and create long-term value for stakeholders. Its emphasis on technical competence, timely execution, and client- focused approach has enabled it to build enduring professional relationships and establish a reputation for reliability and excellence. Ashish Sheth & Associates is well-equipped with the professional expertise, industry knowledge, and infrastructure required to undertake the responsibilities of Statutory Auditors of a listed company and to discharge such responsibilities with the highest standards of independence, diligence, and professional integrity 5 Disclosure of relationships between Not Applicable directors (in case of appointment of a director) Piyush J. Sha h & Co. Chartered Accountants Piyush J. Shah INDIA B.Com, FCA, D.l.S.A.(|CA) Limited Review Report on unaudited standalone financial results of Sagardeep Alloys Limited for the quarter ended 30 June 2025 pursuant to Regulation 33 of Securities and Exchange Board of lndia (Listing Obligations and Disclosure Requirements) Regulations, 20L5, as amended The Board of Directors, Sagardeep Alloys Limited Plot no.2O7O, Rajnagar Patiya, Santej-Khatraj Road, Kalol, Gandhinagar-38272L Dear Sir, Re: Limited Review Report of the Unaudited Standalone Financial Results for the quarter ended 30th June, 2026 L. We have reviewed the accompanying statement of unaudited standalone financial results of Sagardeep Alloys Limited ("the Company") for the quarter ended on 30th June, 2026 ("the statement") attached herewith being submitted by the company pursuant to the requirement of regulation 33 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 ("the regulation") as amended read with circular No. CIR/CFD/CMDLI44/2019 dated 29th March,zOLg ("the circular"). This statement is the responsibility of the Company's Management and has been approved by the Board of Directors has been prepared in accordance with the recognition and measurement principles laid down in the lndian Accounting Standard 34 "lnterim Financial Reporting" ("lND AS 34"), prescribed under Section 133 of the Companies Act, 2013 read with relevant rules issued there under and other accounting principles generally accepted in lndia. Our responsibility is to issue a report on these standalone financial statements based on our review. We conducted our review of the Statement in accordance with the Standard on Review Engagements (SRE) 241.0 "Review of lnterim Financial [Showing first 8,000 characters — download PDF for full document]