Shareholders meeting

August 13th, 2026 The Manager – CRD, The Manager – Listing Department BSE Limited. National Stock Exchange of India Limited, Phiroze Jeejeebhoy Towers, Exchange Plaza”, Bandra Kurla Complex, Dalal Street, Fort, Bandra (East), Mumbai – 400 001 Mumbai – 400 051 Scrip Code: 513343 Symbol: GFSTEELS Sub: Proceedings of the 01st Extra-Ordinary General Meeting for the FY 2026-27 held on Thursday August 13, 2026 Pursuant to the provisions of Regulation 30 read with Schedule III of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, please find enclosed herewith the proceedings of the 01st Extra- Ordinary General Meeting of the Members of the Company held on Thursday August 13, 2026 at 12:00 PM through Video Conferencing (‘VC’) facility or Other Audio Visual Means (‘OAVM’) without physical presence of the Members at a common venue. You are requested to kindly take the same on record. Thanking you, Yours faithfully, For Grand Foundry Limited Sonia Arora Company secretary & Compliance Officer M. No. : A25863 17, 1st Floor, A Wing, B No. 19, BKC Bandra Pinnacle Corporate Park, MUMBAI- 400098 | CIN No.: L61900MH1973PLC017655 + 9 1- 9315615506| cs@gfsteel.co.in | www.gfsteel.co.in SUMMARY OF PROCEEDINGS OF 01st EXTRA-ORDINARY GENERAL MEETING OF THE COMPANY The 01ST Extra-Ordinary General Meeting (“EGM”) of the Company was convened and held on Thursday, August 13th, 2026 at 12:00 PM (IST) through Video Conferencing (“VC”) /Other Audio-Visual Means (“OAVM”) facility. The Company, while conducting the Meeting, adhered to the circulars issued by the Ministry of Corporate Affairs ('MCA'), the Securities and Exchange Board of India ('SEBI'). In accordance with the Secretarial Standard on General Meetings ("SS-2'') issued by the Institute of Company Secretaries of India (“ICSI'') read with Guidance/Clarification dated 15th April 2020 issued by the ICSI, the proceedings of the EGM were deemed to be conducted at the Registered Office of the Company which was the deemed Venue of the EGM. Directors and KMP Present through VC: Sr. No. Name of Director/KMP Designation Location for VC 1 Deepak Chaudhary Managing Director Noida 2 Vikas Tandon Whole Time Director Noida 3 Arun Goel Independent Director Faridabad 4 Reena Sharma Independent Director Delhi 5 Sonia Arora Company Secretary and Noida Compliance Officer 6 Kamal Garg CFO Noida Note: Ms. Shilpi Soni, Independent Director, was granted a leave of absence. By Invitation through VC S. No Name of the representative Location for VC 1 Ms. Loveleen Gupta, Company Secretary Delhi, NCR Prop. L. Gupta & Associates Secretarial Auditor and Scrutinizer Members Present 36 Members were present in the meeting through video conferencing or other audio-visual means. The meeting commenced at 12:00 P.M. and concluded at 12:35 P.M. (IST) At the outset, Ms. Sonia Arora, Company Secretary & Compliance Officer, extended a warm welcome to all the Members of the Company at the 1st Extraordinary General Meeting for the Financial year 2026-27 (“EGM") of the Company and introduced the Board Members present at the Meeting. She briefed the Members regarding the arrangements made for the EGM and shared the general instructions regarding participation in the meeting. She informed that the Extraordinary General Meeting is being held through Video Conferencing in accordance with the circulars issued by the Ministry of Corporate Affairs and Securities and Exchange Board of India. She further informed that there would be no voting by show of hand or through ballot paper. She informed that 36 members were present at starting of the EGM, which satisfies 17, 1st Floor, A Wing, B No. 19, BKC Bandra Pinnacle Corporate Park, MUMBAI- 400098 | CIN No.: L61900MH1973PLC017655 + 9 1- 9315615506| cs@gfsteel.co.in | www.gfsteel.co.in the quorum requirement for the EGM. She further apprised the members present that the Company has tied up with Purva Sharegistry India Private Limited (PURVA) to provide the facility of remote e-voting from Monday, August 10, 2026 09:00 AM (IST) to Wednesday, August 12, 2026 05:00 PM (IST), to all those who were members on Thursday, August 6, 2026 being cut off date for voting on resolutions as set out in the notice of EGM and the members who have not cast their vote through remote e-voting can cast their vote through Insta Vote (PURVA) window which was open for 15 minutes at the closure of the EGM. Company Secretary further briefed that for smooth conduct of this meeting the connection of all the Members would be on mute mode during the meeting. Those members who have registered themselves as Speakers would be allowed to speak at the appropriate time during the meeting. • The Company Secretary has announced that as the EGM was held through VC, the facility for appointment of proxies by the members was not applicable and hence the proxy register was not available for inspection. • The Company Secretary further announced that as the EGM was convened through VC, resolutions were put to vote through remote e-voting prior to the EGM and the requirement to propose and second was not applicable. Mr. Deepak Chaudhary, Chairman of the Board, took the chair of the 01/2026-27 Extraordinary General Meeting (“EGM") of the company. He chaired the meeting and welcomed the members to the EGM and then invited Company Secretary to read out item of business, as set out in the Notice of EGM. The following resolutions as set out in the Notice convening the Extra-Ordinary General Meeting were put forth for approval of the Members: Sr. Particulars Type of resolution Special Business 1. To consider and approve the appointment of Mr. Arun Goel (DIN: Special Resolution 11792383) as a non-executive Independent Director of the company 2. Regularization of Mr. Vikas Tandon (DIN: 08001501) as Director Ordinary Resolution 3. Appointment of Mr. Vikas Tandon (DIN: 08001501) as Whole-time Special Resolution Director of the Company and Approval of Remuneration Payable to 4. Regularization of Mr. Deepak Chaudhary (DIN: 08215601) as Ordinary Resolution Director 5. Appointment of Mr. Deepak Chaudhary (DIN: 08215601) as Special Resolution Managing Director of the Company and Approval of Remuneration Payable to him 6. Appointment of Mr. Paramjit Singh (DIN: 05348473) as a Non- Ordinary Resolution Executive Non-Independent Director of the Company 7. Change of Name of the Company and Consequential Alteration of Special Resolution the Memorandum of Association and Articles of Association of the Company 17, 1st Floor, A Wing, B No. 19, BKC Bandra Pinnacle Corporate Park, MUMBAI- 400098 | CIN No.: L61900MH1973PLC017655 + 9 1- 9315615506| cs@gfsteel.co.in | www.gfsteel.co.in 8. Approval of Borrowing Limits under Section 180(1)(c) of the Special Resolution Companies Act, 2013 9. Approval under Section 180(1)(a) of the Companies Act, 2013 for Special Resolution Creation of Mortgage, Charge and/or Security on the Assets of the Company 10. Approval for Advancing Loans, Giving Guarantees or Providing Special Resolution Securities under Section 185 of the Companies Act, 2013 11. Approval under Section 186 of the Companies Act, 2013 for Special Resolution Granting Loans, Giving Guarantees, Providing Securities and Making Investments in Excess of the Limits Prescribed under the Thereafter, the Company Secretary briefed about the process by which the members, who have registered themselves as a speaker, would participate to express their views and raise queries, if any. She informed that no questions/queries have been received from any shareholder of the company. After that, the Chairperson proceeded further with the meeting. Thereafter, the Company Secretary announced that the Company has appointed Ms. Loveleen Gupta, Prop of M/s L. Gupta & Associates, Company Secretaries, as a Scrutinizer, to supervise the remote e-voting and e- voting process during the meeting. The Company Secretary announced that the e-voting results along with the consolidated Scrutinizers’ Re [Showing first 8,000 characters — download PDF for full document]