Change in Management - Change in designation of Executive Directors.

d,rn"n altoys ltd ISO 9O0l : 2008 COMPAilY Registered Office : ldeal Centre,4th Floor I, A.J.C Bose Road, Kolkata - 700 017 T (033) 4063 2393 E office@maithanalloys.com W www.maithanalloys com CIN : L27'l 01WBl 985PLC039503 13th August/ 2026 1l 2) The Secretary Listing Department The Calcutta Stock Exchange Limited National Stock Exchange of India Ltd. 7, Lyons Range Exchange Plaza, Bandra-Kurla Complex, Kolkata 700 001 Bandra (E), Mumbai - 400 051 Scrip code: 10023915 Scrip code: MAITHANALL Sub: Outcome of the meeting of the Board of Directors I Change in Management (Executive Directors) ] Dear Sir/Madam, We hereby inform you that the Board of Directors of the Company, at its meeting held today, i.e., 13s August, 2026,has, inter-alin, approved: 1. a change in the designation o{ Mr. Subhas Chandra Agarwalla (DIN: 00088384), Chairman and Managing Director of the Company to the "Executive Chairman" with effect irom 1st Oclober,2026. a change in the designation of Mr. Subodh Aganvalla (DIN: 00339855), Whole-time Director and Chief Executive Officer of the Company to the 'Managing Director & Chief Executive Office1 with effect from lst October,2026. The terms and conditions relating to their respective remuneration remain unchanged. The said change in the designation of Directors is subject to the approval of the shareholders of the Company. This information is submitted pursuant to Regulation 30 of the Securities and Exchange Board of India (Listing Obligatiors and Disclosure Requirements) Regulations, 2015 ("Listing Regulations"). The disciosure as required under Regulation 30 read with Schedule IiI of the Listing Regulations and Nlasier Circular No. Ho/a9/M/"14(7)2025-cFD-PoD2/r/3762/2026 dated 30e January, 2026 issued by tJre securities and Exchange Board of india, is enclosed herewith as Annexure A. The Board Meeting commenced at 12:30 P.N{. and concluded at 4:25 P.M. Contd.. Pg. 2 Works : gn1t - l : PO. Kalyaneshwari - 713 369. Dist. Paschim Bardhaman (West Bengal) Unit - : Plot No. 42 & 43, APSEZ, PO. Atchutapuram, Dist. Visakhapatnam - 531 0f1 (Andhra Pradesh) Unit - lV : APIIC Growth Centre, Bobbili, Vizianagaram - 535 558 (Andhra Pradesh) Kn"nalloys ISO 9O0t : 2008 COMPA Y Registered Office : ldeal Centre, 4th Floor 9, A.J.C. Bose Road, Kolkata - 700 017 r (033) 4063 2393 E office@maithanalloys.com W wwwmaithanaltoys.com CIN : 1271 01\A/81985P1C039503 :Pg.2: You are requested to kindly take the same on record. Thanljng you Yours faithfully, For Maithan Alloys Limited Rajesh K Shah Company Secretary The Corporate Relationship Department BSE Limited 1st Floor, Rotunda Building, P.J. Towers Dalal Street, Fort, Mumbai - 400 001. Scrip Code: 590078 Works : Unit - : PO. Kalyaneshwari - 713 369. Dist. Paschim Bardhaman (West Bengal) Unit - lll : Plot No. 42 & 43, APSEZ, PO. Atchutapuram, Dist. Visakhapatnam - 531 011 (Andhra Pradesh) Unit - lV : APIIC Growth Centre, Bobbili, Vizianagaram - 535 558 (Andhra Pradesh) drrn"n attoys ltd ISO 9001 : 2008 COMPANY Registered Office . ldeal Centre, 4th Floor 9, A J.C Bose Road, Kolkata - 700 017 T (033) 4063 2393 E omce@maithanalloys.com W www.maithanalloys.com CIN : 127101W8'1985P1C039503 Annexure A 1'l Information as required under Regulation 30 read vdth Schedule III - Para A (7) of Part A of the SEBI (Listing Obligations and Disclosure Requirements) Regrrlations 2015 Ref: Mr. Subhas Chandra Agarr r4l!4 S.No. Particulars Description 1. Reason for Change Change in the designation of Mr. Subhas Chandra Agarwalla viz. app ointment, re- as the 'Executive Chairman with effect from 1"t October, appointment, 2026 fot the remainder of his tenure, consequent upon his resignatiory removal, relinquishment of role and responsibilities attached to the death or otherwise; office of 'Managing Director' with effect from 30th September, 2026. 2. Date of Date of change in designation: 1$ October, 2026 Appointment/re- appointment/ cess ation Change in the designation of Mr. Subhas Chandra Agarwalla (as applicable) & term as the 'Executive Chairman' with effect from 1't October, of ap pointrnent/ re- 2026 for the remainder of his tenure. appointment The terms and conditions relating to the remuneration remain unchanged. Brief Profile Mr. Subhas Chandra Agarwalla is an eminent industrialist (in case of and possesses rich and varied experience in the ferro a1loys appointment) industry. He is the backbone of Maithan Alloys Llnited and has nurtured the Company for more than a quarter of centu$,. He is experienced in the fielci of Human Resources Developmenf Planning and Budgeting, Corporate Planning, Accounts, Finance and Tax laws. 4. Disclosure of Mr. Subhas Chandra Agarwalla is the Promoter of the relatiorLships with Company and is an immediate relative of Mr. Subodh directors/KMIr of the Agarwalla (l4rhoIe-time Director and CEO) and Mr. Company Sudhanshu Agarwalla (President & CFO) of the Company. Contd.. Pg. 2 Works : Unlt - : PO. Kalyaneshwari - 713 369. Dist. Paschim Bardhaman (West Bengal) Unit - lll : Plot No. 42 & 43, APSEZ, P.O. Atchutapuram, Dist. Visakhapatnam - 531 011 (Andhra Pradesh) Unit - lV : APIIC Growth Centre, Bobbili, Vizianagaram - 535 558 (Andhra Pradesh) #*n"n attoys ttd ISO 90Ol : 2008 COMPANY Registered Office : ldeal Centre,4th Floor 9, A.J.C Bose Road, Kolkata - 700 0'17 T (033) 4063 2393 E offlce@maithanalloys.com W www.maithanalloys.com CIN : 127101 WB1 985P1C039s03 :Pg.2: Ref: Mr. Subodh Agarwalla S.No. Particulars Description ').. Reason for Change Change in the designation of Mr. Subodh Agarwalla as viz. appointment, re- 'Managing Director & Chief Executive Officer' of the appointment, Company with effect from 1't October, 2026 tor the resignation, removai, remainder of his tenure, consequent upon relinquishment of death or otherwise; role and responsibilities attached to the office of 'Managing Directol by Mr. Subhas Chandra Agarwalla with effect flom 30e September, 2026. 2. Date of Date of Change in Designation: l"tOctober, 2026. Appointment/ re- Change in the designation of Mr. Subodh Agarwalla as the appointment/ cessation 'Managing Director & Chief Executive Officer' with effect (as applicable) & term of appoinhnent/ re- from 1"t October, 2026 for the remainder of his tenure. appoinknent The terms and conditions relating to the remuneration remain unchanged. J. Brief Profile Mr. Subodh Agarwalla started spearheading the operational (in case of activities of the organization since the age of 28. Presently he appointment) is a full-time director of the Company. kr his capacity as the Whole time Director & CEO he is instrumental in driving organization plans and goals. His excellent decision-making skills and ability to plan for the future apart from having rich and varied experience in production and logistics management of ferro alloys, males him a formidabie leader at Maithan Alloys. He has sEong understanding of Ferro Alloys manufacturing process and has vast knowledge in several areas including man-management, budgeting, corporate plarming, finance and taxation. A complete people's persorl he believes in all-round growth of his team and loves to nurture them into tomorrow's leaders. He hoids a B.Tech from IIT BHU and an M.B.A from IIM Banealore. 4. Disclosure of Mr. Subodh Agarwalla is a member of the promoter group relationships with of the Company and is an immediate relative of Mr. Subhas directors/ KMP of the Chandra Agarwalla (Chairman and Managing Director) and Company Mr. Sudhanshu Agarwalla (President & CFO) of the Company. Works : Unit - I : PO. Kalyaneshwari - 713 369. Dist. paschim Bardhaman (West Bengal) Unit - lll : Plot No. 42 & 43, APSEZ, PO. Atchutapuram, Dist. Visakhapatnam -tSt 011 (Andhra pradesh) Unit - lV : APIIC Growth Centre, Bobbiti, Vizianagaram - S35 558 (Andhra pradesh)