Outcome of Board Meeting

SAL STEEL LTD. Ef(i- Reg. Office : 604, Zion Z1, Near Avalon Hotel, Sindhu bhawan Road, Bodakdev, Ahmedabad-380059, India . Phone: 09925103299, E-Mail: info@salsteel.co.in it 5862015, £55, Ons— 0. 1509001, 15024001, 150 45001 Date: 14.08.2026 Department of Corporate Service, Manager, BSE Limited Listing Department, Phiroze Jeejeebhoy Tower, National Stock Exchange of India Limited Dalal Street, Exchange Plaza, Plot No C/1, G-Block, Mumbai — 400001 Bandra — Kurla Complex, Bandra (E), Mumbai — 400051 BSE Scrip Code: 532604 NSE Symbol — SALSTEEL Sub.: Outcome of Board Meeting held on August 14t, 2026. Pursuant to Regulation 30 and 33 of Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015, and other applicable provisions, if any, of SEBI Listing Regulations, we are pleased to inform that the Board of Directors of the company in their meeting held today i.e. on Friday, 14" August, 2026 have considered and taken on record the Un-audited Standalone Financial Results for the quarter ended as on 30.06.2026 duly reviewed by the Audit Committee. We enclose the same in the prescribed form duly signed along with the Limited Review Report. Further, Pursuant to the provisions of regulation 30 read with Part-A of schedule Ill of Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015 (“Listing Regulations”), we wish fo inform that the following business items inter-alia have been transacted by the Board at their meeting held today i.e. on August 14% , 2026: A. Appointment of Mrs. Monika Goyal (DIN: 11881952) as an Additional Director in the capacity of Non-Executive, Independent Woman Director of the company On recommendation of the Nomination and Remuneration Committee of the Company, the Board has appointed Mrs. Monika Goyal (DIN: 11881952) as an Additional Director in the capacity of Non-Executive, Independent Woman Director of the Company with effect from August 14, 2026 for a consecutive period of 5 (Five) years subject o the approval of members of the company. Mrs. Monika Goyal (DIN: 11881952) is not related to any of the Directors of the Company. Further, in accordance with the circular dated 20th June, 2018 issued by the stock exchanges, we hereby confirm that Mrs. Monika Goyal (DIN: 11881952) is not related to Promoter and Promoter Group and is not debarred from holding the office of Director by virtue of any SEBI order or any ofher such authority. The information required pursuant to provision of Schedule Iil of the Listing Regulations read with SEBI Circular No. CIR/CFD/CMD/4/2015 dated 9th September, 2015 and SEBI Circular No. No. SEBI/HO/CFD/CFD-PoD-1/P/CIR/2023/123 dated July 13, 2023 is enclosed herewith as “Annexure-17. CIN: L29199GJ2003PLC043148 Work: Village Bharapar, Tal. : Gandhidham, Dist.Kutch-Bhuj Phone: 09925103299 Website: www.salsteel.co.in SAL STEEL LTD. % Reg. Office : 604, Zion Z1, Near Avalon Hotel, Sindhu bhawan Road, Bodakdev, Ahmedabad-330059, - India . Phone: 09925103299, E-Mail: info@salsteel.co.in G5orti3ls 8201£55,5 On,s— 001 1509001, 15024001, 150 45001 B. Annual General Meefing 1. The Board has approved the Directors’ Report for the year ended as on 31 March 2026. 2. The Board approved the Notice of the 231¢ Annual General Meeting (AGM) for the Financial Year 2025-26, scheduled to be held on September 25%, 2026. The Nofice of the 23 Annual General Meeting (“AGM”) along with the Annual Report of the company shall be submitted separately in due course. 3. The Board has appointed Mr. Kamlesh M. Shah of M/s. Kamlesh M. Shah, Practicing Company Secretaries, Ahmedabad as Scrutinizer to scrutinize the e-voting process in a fair and transparent manner for the AGM. [The aforesaid Board Meeting commenced at 11:30 hrs. and concluded at 12.40 hrs.] Kindly take the above on your record. Yours faithfully, For SAL Steel Limited, CS Devilal J Shah Company Secretary and Compliance Officer ICSI Mem. No. A58287 Encl.: As mentioned above CIN: L29199GJ2003PLC043148 Work: Village Bharapar, Tal. : Gandhidham, Dist.:Kutch-Bhuj Phone: 09925103299 Website: www.salsteel.co.in PARIKH & MAJMUDAR | ‘% CHARTERED ACCOUNTANTS CA. (DR). HITEN PARIKH M.Com., LL.B., FCA,, PH.D., IP CA. SANJAY MAJMUDAR B.Com., LL:B.,, FCA CA. SATWIK DURKAL B.Com., FCA CA. KOMAL MAJMUDAR B.Com., FCA, DISA, IFRS Independent Auditors Review Report on the Quarterly Unaudited Standalone Financial Results of the Company pursuant to the Regulation 33 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, as amended Review Report to, The Board of Directors, SAL STEEL LIMITED, Ahmedabad. We have reviewed the accompanying statement of unaudited standalone financial results of SAL STEEL LIMITED (the “company”) for the quarter ended on June 30, 2026 (The “statement’) attached herewith, being submitted by the company pursuant to the requirements of Regulation 33 of the SEBI (Listing obligations & Disclosure Requirements) Regulation, 2015, (the Regulation) as amended, (the “Listing Regulations”). This Statement, which is the responsibility of the Company's Management and approved by the Company's Board of Directors, has been prepared in accordance with the recognition and measurement principles laid down in the Indian Accounting Standard 34, "Interim Financial Reporting” ("Ind AS 34") prescribed under section 133 of the Companies Act, 2013 as amended, read with relevant rules issued thereunder and other accounting principles generally accepted in India and in compliance with Regulations 33 of the Listing Regulations. Our responsibility is to express a conclusion on the Statement based on our review. We conducted our review of the Statement in accordance with the Standard on Review Engagements (SRE) 2410 ‘Review of Interim Financial Information Performed by the Independent Auditor of the Entity' issued by the Institutoe f 07828 \‘» \ 303, “B” Wing, GCP Business Center, Opp Navrangpura Fire Station, Nr. Vijay Cross Rok : fli?fl/g? Ahmedabad - 380 009. Phones :- +91 79 26401701/03 \ '7:9,. Email : audit@smajmudar.com \f’f‘o w‘“ Chartered Accountants of India (ICAIl). This standard requires that we plan and perform the review to obtain moderate assurance as to whether the Statement is free from material misstatement. A review of interim financial information consists of making inquiries, primarily of the Company's personnel responsible for financial and accounting matters and applying analytical and other review procedures. A review is substantially less in scope than an audit conducted in accordance with Standards on Auditing specified under section 143(10) of the Companies Act, 2013 and consequently does not enable us to obtain assurance that we would become aware of all significant matters that might be identified in an audit. Accordingly, we do not express an audit opinion. Based on our review conducted as above, nothing has come to our attention that causes us to believe that the accompanying Statement, prepared in accordance with the recognition and measurement principles laid down in the aforesaid Indian Accounting Standard ("Ind AS") specified under section 133 of the Companies Act, 2013 as amended, read with relevant rules issued thereunder and other accounting principles generally accepted in India, has not disclosed the information required to be disclosed in terms of Regulations 33 of the Listing Regulations, including the manner in which it is to be disclosed, or that it contains any material misstatement. Place: AHMEDABAD FOR, PARIKH & MAJMUDAR CHARTERED ACCOUNTANTS g/ il 'SATWIK DURKAL DATE: 14-08-2026 PARTNER M. No.: 107628 UDIN: 26107628MPUGYA9026 S.A.L. STEEL LIMITED Regd. Office: 604, ZION Z1. Near Avalon Hotel, Sindhu Bhavan Road, Bodakdev, Ahmedabad - 380059. CIN:L29199GJ2003PLC043148, www.salsteel.co.in Mobile: 9925103299 , E-Mail: cs@salsteel.co.in Un Audited Standalone Financial Results for the Quarter Ended as on 30th June 2026 Rs. in Crores| [Showing first 8,000 characters — download PDF for full document]