On recommendation of Audit Commitee the board has approve d Related party Transaction subject to Shareholders Approval

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-III 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 Sr No. | Particulars Details 1. Name(s) of parties with | ABI Energy Solutions Limited ABI Infratech Private Limited whom the agreement is entered 2 Relationship with the | Promoter group entity The promoters of the Company Company are holding more than 10% of Equity shares of ABI Infratech Private Limited. 3. Name of Director(s) or Key | 1. Rohit Pandey, Chairman and | 1. Rohit Pandey, Chairman and Managerial Personnel who | Director Director is related, if any. 2. Preeti Punia, Director 2. Sunil Pandey, Managing 3. Sunil Pandey, Managing | Director Director 3. Nature of Transaction The sale, purchase or supply of | The sale, purchase or supply of any goods or materials, availing | any goods or materials, or rendering of services, sale or | availing purchase of property of any | or rendering of services, sale kind, leasing of property, or | or appointment of any agent for | purchase of property of any the aforesaid purposes and for | kind, leasing of property, or any other purpose. appointment of any agent for aforesaid purposes and for any other purpose. 4. Maximum aggregate value | An aggregate amount not|an aggregate amount not exceeding Rs. 100,00,00,000 | exceeding %25,00,00,000 (Rupees Hundred Crores) | (Rupees Twenty-Five Crores) during the Financial Year 2026- | during the Financial Year 27, subject to the applicable | 2026-27, subject to the provisions of law and requisite | applicable provisions of law approvals. and requisite approvals. 3. Tenure 1yeari.e. 2026-27 1yeari.e. 2026-27 4. Whether in ordinary | Yes Yes course of business 5. Whether on arm'’s length | Yes Yes basis: 6. Audit Committee | Yes, the proposed Related Party | Yes, the proposed Related approval/recommendation | transactions have been | Party transactions have been recommended by the Audit | recommended by the Audit committee of the Company, committee of the Company 7. Shareholders’ approval | Yes, the proposed transaction is | Yes, the proposed transaction Required: subject to the shareholders’ | is subject to the shareholders’ 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 approval in the Ensuing 54th approval in the Ensuing 54t AGM. AGM. Any other information that 1. No Related Party shall vote to 1. No Related Party shall vote may be relevant approve such resolution to approve such resolution irrespective of whether such irrespective of whether such entity is a related party to the entity is a related party to the particular transaction. particular transaction. 2. Except Mr. Rohit Pandey 2. Except Mr. Rohit Pandey (Chairman and Director [Showing first 8,000 characters — download PDF for full document]