Change in Management - Appointment/Re-appointment of Independent Directors.

{Jrrn"n altoys 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 offlce@maithanalloys.com W www.maithanalloys.com CIN : 127101W81985P1C039503 13ih August, 2026 1l 21 The Secretary Listing Department The Calcutta Stock Exchange Limited National Stock Exchange of India Ltd. 7, Lyons Range Exchange Plaza, Bandra-Kurla Compiex, Kolkata 700 001 Bandra (E), Mumbai - 400 051 Scrip code: -10023915 Scrip code: MAITHANALL sub: outcome of the meeting of the Board of Directors - change in Management (Independent Directors) Dear Sir/Madam, we hereby inform you that the Board of Directors oI the Company, at its meeting held today, i.e., 13e August, 2026,has, inter-alia, approved the: 1l Re-appointment of Mr. Naresh Kumar ]ain (DIN: 00227519), as an Independent Dilector of the Company for a second term of 5 (five) consecutive years, with effect from 10s Iebruaty,2\Z7. 2l Re-appointment of Mrs. sonal Choubey (DIN: 10475331), as an Independent Director of the Company for a second term of 5 (five) consecutive years, with effect from 10tn February, 2027. 3] Re-appointment of lr4r. Aayush Khetawat (DIN: 06968M8), as an Independent Director of the Cc.rmpany for a second term of 5 (five) consecutive years, with effect fr om 14t' Attgttst, 2027 . 4l Appointment of Mr. Chandra Prakash Kakarania (DIN: C0203663), as an Additional Director (Category: Non-Executive). Further, he iras also been appointed as an Independent Director of the Company for a term of 5 (five) consecutive years with effect from 13ti' August, 2026. 5l Appointrnent of Dr. Ridhi Agarwala (DIN: 11622124), as an Additional Director (Category: Non- Executive). Further, she has also been appointed as an lndependent Director of the Company for a term of 5 (five) consecutive years n'ith effect from 13fr Augu st,2026. The appointrnents of the aforementioned Directors are subject to approval of shareholders of the Company. lVe hereby con{itm ihat none of the aforementioned Directors are debarreci ftom holding the office of Director by virtue of any order issued by the Securities and Exchange Board of lndia (SEBI) or any other authority. Further, this is to confirm that the aforementioned directors namely Mr. Naresh Kumat ]ain, lMrs. Sonal Choubey, N{r. Aayush Khetawat, I\4r. Chandra Prakash Kakarania and Dr. Ridhi Agarwala, Works : Unit - I : PO. Kalyaneshwari - 713 369. Dist. Paschim Bardhaman (West Bengal) Page 1 of8 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) dun"n alloys ltd ISO 9001 :2008 COMPANY Registered Offlce: ldeal Centre,4th Floor 9, A.J.C. Bose Road, Kolkata - 700 017 T (033) 4063 2393 =,flffiil:iil:::il:ltitil CIN : 127101W81985P1C039503 satisfy the criteria of 'Independence' as prescribed under the Companies Act,20l3, and the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 ("Listing Regulations"). The disclosure as required under Regulation 30 read with Sdredule III of the Listing Regulations and Master Circulat No. HO/ a9 /1,4/1,4(7)2025-CFD-POD2/\/3762/2026 dated ]Q* lantary,2026 issued by the SEBL is enclosed herewith as Annexure A. This information is subrnitted pursuant to Regulation 30 of the Listing Regu.lations. The Board Meeting commenced at 12:30 P.M. and concluded at 4:25 P.M. You are requested to kindly take the same on record. Thanking 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 Steet, For! Mumbai - 400 001. Scdp Code: 590078 Works : Unit - I : Po. Kalyaneshwari - 713 369. Dist. Paschim Bardhaman (west Bengal) Page 2 of 8 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) alloys ttd ISO 90lrl : 200E COT PANY Registered Offlce : ldeal Centre, 4ih Floor 9, A.J.C. Bose Road, Kolkata - 700 017 T (033) 4063 2393 E office@maithanalloys.com W www.mailhanalloys.com CIN : 127101W81985P1C039503 Annexure A Ref. Sl. No. 1: Mr. Naresh Kumar Tain a- Reason for Change Re-appointment of Mr. Naresh Kumar |ain as an viz. appointmen! re-appointrrent, lndependent Director. resignatiorl removal, death or otherwise; b. Date of Appointnent/ re- Date of Re-appointrrent is 10m February,2027. appointnent/ cessation (as applicable) & term of Term of Re-appointnent - Re-aPPointnent as an appointment/ re-apPoinEnent Independent Director of the Company for a period of 5 consecutive years with etfect from 10d' Februarv,2027 , subiect to approval of shareholders' Brief Profile Mr. Naresh Kumar Jain [a Chartered Accountant (in caoe of appointnent) and Commerce Graduate] started his professional career joumey with Dalhousie Jute Co. (HDC Group Company) and was elevated as Business Head during a span of 15 years. He achieved the credit of operating the Jute MilI most efficiently in the Counhy. Later he joined as Sr. Vice-President (Finance & Commercial) with Bengal Ambuja Housing Development Ltd. and was elevated as the President of the Company within the span of 5 years, a post which was held for more than 17 years with the responsibility of overall management of the Ambuja Neotia Group, one of the leadirrg real estate organization with interests in residential, commercial, hospitality, healthcare and education' Under i'ris lea<lership, he has paved a way for the growth of the Group and has developed strategies and stren$hened management teams in order to maximize profifability and efficiency. Mr. lain possesses over 40 years of experience in the area of Financial Management, Business Strategy, Project Planning and Implementatiory Company Policies, Client Retention, Ptoduct Launclu Liaison with Covemmerrt Auth;otities and other regulatory bodies snecificallv related to real estate sector. Works:Unit-l : Po. Kalyaneshwarl - 713 369. Dist. Paschim Bardhaman (west Bengal) Page 3 of8 Unit - lll : Plot No. 42 & 43, APSEZ, PO. Atchutapuram, Dist. Visakhapatnam - 531 0'11 (Andhra Pradesh) Unit - lV : APIIC Growth Centre, Bobbili, Vizianagaram - 535 558 (Andhra Pradesh) alloys ltd ISO 9001 : 2008 COiIPANY Registered Office : ldeal Centre, 4th Floor 9, A.J.C. Bose Road, Kolkata - 700 017 T (033) 4063 2393 E oftice@maithanalloys.com W www.maithanalloys. com CIN : 1271 01\{/81985P1C039503 Key Skills: Leadership skills in board govemance and new business development. . of Comprehensive understanding business financial management pdnciples. Entrepreneurial with commercial acumen and business management skills. Focus on high quality performance resulting Disclosure of relationships with directors of the Company Ref. SL No.2: Mrs. Sonal Choubev Reason for Change Re-appointnrent of Mrs. Sonal Choubey as an viz, appointment, re-appointnent, Independent Director. resignation, removal, death or otherwise; b. I Date of Appointnent/re- Date of Ite-appoinhnent is 10th I ebruary,2027 . appointment/cessation (as applicable) & term of Term of Re-appointment - Re-appointrnent as an appointrnent/ re-appoinknent Independent Diiector of the Company for a period of 5 consecutive years with effect from 10s Febraary,2027 , subject to approval of shareholders. Brief Profile Mrs. Sonal Choubey [a Chartered Accountant, (in case of appointment) Company Secretary and Commeree Graduate] started her career with Magma Fincorp Limited and was also associated with groups like Vedanta, SREI, Nuvoco Vistas and ga.thered experience in the field of Business & Sales Controlling, Audit & Accountancy, Finance Planning & Analysis, Risk Managemen! Automation and Projects, during the span of 9 years of her career. Presently she is associated with Nuvoco Vistas Limited (part of Nrrma Grour: and one Works : Unit - I : PO. Kalyaneshwari - 713 369. Oist. 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