Resignation of M/s SJV & Associates from the office of Secretarial Auditor of the Ahmedabad Steelcraft Limited

AHMEDABAD STEELCRAFT LTD. CIN: L27109GJ1972PLC011500 Regd. Office: 213, Sakar -V, Behind Natraj Cinema, Off. Ashram Road, Ashram Road P.O, Ahmedabad, City Ahmedabad, Gujarat, India, 380009 Corporate Office: H-23, First Floor, Sector -63, Noida, Gautam Buddha Nagar, Uttar Pradesh - 201301 Web: www.steelcraft.co.in August 14, 2026 BSE Limited, Phiroze Jeejeebhoy Tower, Dalal Street, Mumbai - 400001 BSE Scrip Code: 522273 Symbol: AHMDSTE Sub.: Outcome of (02/2026-27) Meeting of Board of Directors of Ahmedabad Steel Craft Limited (“the Company”) held on August 14, 2026 Ref.: Regulations 30, 33 and other applicable regulations of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015 Dear Sir/Madam, We wish to inform you that the Board of Directors of Ahmedabad Steel Craft Limited (“the Company”) at its meeting held today viz. Friday, August 14, 2026 has inter-alia, considered, adopted, taken on record and approved the following: - Standalone Un-Audited Financial Results for the Quarter ended June 30, 2025, prepared in accordance with Ind-AS as approved by the Audit Committee of the Company along with Limited Review Report on the unaudited financial results of the Company for the Quarter ended June 30, 2025 issued by M/s. Prateek Gupta & Co., Chartered Accountants, Statutory Auditors of the Company. To take note of Resignation of M/s SJV & Associates, Practicing Company Secretaries from the office of Secretarial Auditor of the company effective from closing hours of August 13,2026. To appoint M/s Nisarg Sharma& Associates, Practicing Company Secretaries to fill the casual vacancy caused due to resignation of M/s SJV & Associates, Practicing Company Secretaries from the office of Secretarial Auditor, w.e.f. 14.08.2026, to hold office upto ensuing 54t Annual General Meeting of the company. Appointment M/s Nisarg Sharma & Associates, Peer Reviewed Practicing Company Secretaries, as Secretarial Auditor of the Company, pursuant to the provisions of Regulation 24A of Listing Regulations, as amended (“SEBI Listing Regulations”) and Section 204 of the Companies Act, 2013 read with Rule 8 of the Companies (Meetings of Board and its powers) Rules, 2014 and based on the recommendation of the Audit Committee, for a term of five consecutive financial years commencing from April 01, 2026 till March 31, 2031, subject to Shareholders approval in ensuing 54t Annual General Meeting of the Company. (i) On the recommendation of the Audit Committee, the Board of Directors has considered.and approved the Omnibus Material Related Party Transaction between Ahmedabad Steel Craft Limited and ABI Energy Solutions Limited, for an aggregate amount not exceeding Rs. 100,00,00,000 (Rupees Hundred Crores) during the Financial Year 2026-27, subject to the applicable provisions of law and requisite approvals, AHMEDABAD STEELCRAFT LTD. CIN: L27109GJ1972PLC011500 Regd. Office: 213, Sakar -V, Behind Natraj Cinema, Off. Ashram Road, Ashram Road P.O, Ahmedabad, City Ahmedabad, Gujarat, India, 380009 Corporate Office: H-23, First Floor, Sector -63, Noida, Gautam Buddha Nagar, Uttar Pradesh - 201301 Web: www.steelcraft.co.in (ii) On the recommendation of the Audit Committee, the Board of Directors has considered and approved the Omnibus Material Related Party Transaction between Ahmedabad Steel Craft Limited and ABI Infratech Private Limited, for an aggregate amount not exceeding ¥25,00,00,000 (Rupees Twenty Five Crores) during the Financial Year 2026-27, subject to the applicable provisions of law and requisite approvals. The details as required for resignation, appointment of Secretarial Auditor and Proposed Related party Transactions of the Company under Regulation 30 of SEBI (listing Obligations and Disclosure Requirements) Regulations, 2015 read with SEBI Circular SEBI/HO/CFD/CFD- PoD-UP/CIR/P12023/ July 13, 2023 and SEBI Master Circular No. SEBI/HO/CFD/PoD2/CIR/P/0155 dated November 11, 2024, SEBI Circular SEBI/HO/CFD/CFD-PoD-2/CIR/P/2024/185 dated December 31, 2024, and Master Circular for compliance with the provisions of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015 by listed entities”, dated January 30, 2026 are given in the enclosed Annexure-], Il and 111 The Board meeting commenced at 12:15 p.m. and concluded at 1:30 p.m. Kindly take the same in your record. Thanking you, Yours faithfully, For, AHMEDABAD STEEL CRAFT ROHIT PAND DIRECTOR AND CHAIRMAN DIN: 03425671 AHMEDABAD STEELCRAFT LTD. CIN: L27109GJ1972PLC011500 Regd. Office: 213, Sakar -V, Behind Natraj Cinema, Off. Ashram Road, Ashram Road P.O, Ahmedabad, City Ahmedabad, Gujarat, India, 380009 Corporate Office: H-23, First Floor, Sector -63, Noida, Gautam Buddha Nagar, Uttar Pradesh - 201301 Web: www.steelcraft.co.in Annexure-I Disclosure in terms of Regulation 30 of the SEBI Listing Regulations, read with SEBI circular SEBI/HO/CFD/CFDPoD-1/P/CIR/2023/123 dated July 13, 2023, SEBI Master Circular SEBI/HO/CFD/PoD2/CIR/P/0155 dated November 11, 2024 and SEBI Circular SEBI/HO/CFD/CFD- PoD2/CIR/P/2024/185 dated December 31, 2024 SrNo. | Particulars Details 1 Name M/s S]V & Associates _M/s Nisarg Sharma & Associates 2. Designation Secretarial Auditor Secretarial Auditor 3. Reason for change | Resignation Appointment viz. appointment, resignation, removal, death or otherwise 4. Date of appointment | August 13,2026 The Board at its Meeting held on /resignation, if 14th August, 2026 approved the applicable appointment of M/s Nisarg Sharma & Associates. as Secretarial Auditors of the Company to conduct Secretarial audit for the financial year 2025-26 5. Brief Profile (in case | Not Applicable M/s. Nisarg Sharma & Associates is of appointment) a Peer Reviewed firm of Practising Company Secretaries providing professional services in the areas of corporate laws, securities laws, secretarial audit, corporate governance and allied compliance and advisory matters. The firm holds Peer Review Certificate No. 3941/2023 issued by the Institute of Company Secretaries of India. 6. Disclosure of | Not Applicable Not Applicable relationships between directors (in case of appointment of Disclosure of relationships between directors (in case of appointment of a director) 13/08/2026, 21:36 Ahmedabad Steelcraft Limited Mail - Resignation from the Appointment as Secretarial Auditor CS ASCL <cs@steelcraft.co.in> Resignation from the Appointment as Secretarial Auditor 1 message SJV & Associates <info@sjvandassociates.com> Thu, Aug 13, 2026 at 6:22 PM To: CS ASCL <cs@steelcraft.co.in>, info@csdevesh.com, devesh khandelwal <devesh@csdevesh.com>, Vishwas Bhardwaj <cs.vishwasb@gmail.com> To: The Board of Directors Ahmedabad Steel Craft Limited Dear Sir/Madam, Subject: Resignation from the Appointment as Secretarial Auditor | hope you are doing well. I would like to inform you that | have been appointed as the Secretarial Auditor of Ahmedabad Steel Craft Limited . However, my firm has not yet applied for renewal of its Peer Review Certificate. Accordingly, | would not be in a position to continue to act as the Secretarial Auditor of the Company in accordance with the applicable requirements. In view of the above, | hereby tender my resignation from my appointment as Secretarial Auditor of the Company and request the Company to kindly accept the same and take the necessary steps for appointment of another eligible Secretarial Auditor. | sincerely appreciate the confidence placed in me and regret any inconvenience caused due to this situation. Thank you for your understanding and cooperation. Kind Regards, CS Janki Shah ;iegards SJV & ASSOCIATES Company Secretary CS Janki V. Shah Proprietor 301, Shivam Complex, Nr. National Handloom Corporation Law Garden, CG Road, Ahmedabad-380009. +91 9712 533 282 - https://mail.google.com/mail/u/1/?ik=18124a18e3&view=pt&search=all&permthid=thread-f:1873412683089523882&simpl=msg-f:1873412683089... n