Approval of Material Related Party Transactions with Maithan Ferrous Private Limited ( a subsidiary of the Company) and alteration of the constitution of Board Committees by the Board of Directors.

{irrn"n altoys ttd ISO 900'l : 2008 COMPANY Registered Office: ldeal Centre,4th Floor 9, A.J.C. Bose Road, Kolkata - 700 017 T (033) 4063 2393 E office@maithanalloys.com 736 Argast,2026 W www.maithanalloys.com CIN : 1271 01 WB1985P1C039503 1l 21 The Secretary Listing Departrnent 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 - Other Dear Sir/Madam, We hereby inlorm you that the Board of Directors of the Company at its meeting held today, i.e., 13s August, 2026,has, inter-alin, considered and approved: 1] The enhancement of the limit for Material Related Party Transactions with Maithan Ferrous Private Limited (a subsidiary of the Companv) during the Financial Year 2026-2027, lvom Rs. 600.00 Crore up to an aggregate amount of Rs. 800.00 Crore. The enhanced limit of Material Related Party Transactions as approved by the Board of Directors is subject to the approval of the shareholders of the Company. 2] The limit for Material Related Party Transactions with Maithan Ferrous Private Limited (a subsidiary of the Company) up to an aggregate amount of Rs. 500.00 Crore during the period April - Septemb et , 2027 . The Material Related Party Transactions as approved by the Board of Directors is subject to approval of the shareholders of the Company. 3l Alteration of the constitution of following committees by the induction of new members with effect frr:m 13h August, 2026, as per details given below: S. No. Name of the Committee Alteration Audit Committee Mrs. Sonal Choubey, Directoi (Category: Non- Executive, hrdependent) is inducted as a N{ember of the Comrnittee. 2. Corporate Social Responsibility Dr. Ridhi Agarwala, Additional Director Committee (Category: Non-Executive, Independent) is inducted as a Member of the Committee. Nomination and Remuneration Mr. Chandra Prakash Kakarania, Additional Director (Category: Committee Non-Erecutive, Independent) is inducted as a Member of the Comrfttee. 4. Stakeholders Relationship Mr. Chandra Prakash Kakarania, Additionai Director (Category: Committee Non-Executive, Lrdependent) is inducted as a Member of the Committee. 5. Risk lManagement Committee Mr. Naresh Kumar Jain, Director (Category: Non-Executive, Independent) is inducted as a Member of the Comrnittee. works : Unit - I : Po. Kalyaneshwari - 713 369. Dist. Paschim Bardhaman (West Bengal) Cont.. Pg. 2 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) {rrn"n altoys Itd ISO 9001 : 2006 COirPAt{Y Registered Office : ldeal Centre, 4th Floor 9, A.J.C. Bose Road, Kolkata '700 017 T (033) 4063 2393 E office@maithanalloYs.com W www.maithanalloYs.com CIN : 127101WB1985P1C039503 :Pg.2: Further, Mrs. Sonal Choubey, Director (Category: Non-Executive, Independent), has tendered her resignation as a Member of the Stakeholders Relatioruhip Cornmittee of the Board of Directors w.e.f. 14s August, 2025. The revised composition of the Committees is enclosed herewith as Annexure A for your reference, 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 Street, Fort, Murnbai - 400 001. Scrip Code: 590078 Encl: As above works : Unit - l : PO. Kalyaneshwari - 713 369. Dist. Paschim Bardhaman (West Bengal) 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) dun"n alloys ltd ISO 9001 : 2008 COMPANY Registered Offlce. ldeal Centre,4th FIoor 9, A.J.C. Bose Road, Kolkata - 700 017 T (033) 4063 2393 E office@maithanalloys.com W www.maithanalloys.com CIN : 127101W81 985P1C039503 Annexure A Revised list of Committee Members Members - Name of the Committee Committee Desigrration Audit Comrnittee Mr. Aayush Khetawat - Chairman Mr. Subodh Agarwalla - Member Mr. p.K. Venlcatramani - Member Mrs. Sonal Choubey - Mernber Corporate Social Mr. Subhas Chandra Agarwalla Chairman Responsibility Mr. Subodh Agarwalla - Member Comrnittee Mr. p.K. Venkatramani - Member Dr. Ridhi Agarwala - ldember Nomination and Mr. Naresh Kumar Jain - Chairman Remuneration Mr. p.K. Venkatramani - Member Committee Mr. Chandra prakash Kakaranja Member Mrs. Sonal Choubey - Member Stakeholders Mr. Aayush Khetarvat - Chairman Relationship Committee - Mr. Subhas Chanclra Agarlvalla Member Mr. Chandra prakash Kakarania Member Mrs. Sonal Choubey Member Risk Management Mr. Subhas Chandra Agarwalla - Chairman Committee Mr. Naresh Kurnar Jain lMember p.K.Venkatramani - Mr. Member Mr. Pramotl K.umiu'Chaudhary Member * shall cease to be a committee member v,.e.f t4tt'August, 2026 Works : 9611- I : PO. Kalyaneshwari - 713 369. Dist. Paschim Bardhaman (West Bengal) Unit - lll : Plot No. 42 & 43. APSEZ. PO. Alchutapuram, Dist. Visakhapatnam - 531 011 (Andhra Pradesh) Unit - lV : APIIC Growth Centre, Bobbili, Vizianagaram - 535 558 (Andhra Pradesh)