Change in Management

JAI BALAJI INDUSTRIES LIMITED Ref :JBIL/SE/2026-27 Date : 14th August, 2026 To To ‘The Manager The Manager, Listing Department, Dept. of Corporate Services National Stock Exchange of India Limited BSE Limited “EXCHANGE PLAZA”", C-1, Block G Phiroze Jeejeebhoy Towers Bandra - Kurla Complex, Bandra (E) Dalal Street, Mumbai - 400 051 Mumb- 40a0 0i01 (Company’s Scrip Code: JAIBALAJT) (Company’s Scrip Code: 532976) Dear Sir/Madam, Sub: Outcome of Board Meeting held on 14t August, 2026 Pursuant to Regulation 30 and 33 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, this is to inform you that the Board of Directors of the Company (‘the Board’) at its meeting held today i.e., Friday, 14" August, 2026, which commenced at 01:30 p.m. and concluded at 03:00 p.m., has, inter-alia:- Considered and approved the Unaudited Financial Results of the Company for the first quarter ended 30t June, 2026, in compliance with Regulation 33 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. We are enclosing herewith the following: 1. The Unaudited Financial Results for the first quarter ended 30™ June, 2026. 2. The Limited Review Report for the first quarter ended 30% June, 2026, issued by M/s. Das & Prasad, Chartered Accountants, Statutory Auditor of the Company. The above results have been reviewed by the Audit Committee and subsequently approved by the Board of Directors of the Company. b) Based on the recommendation of the Nomination and Remuneration Committee, approved the appointment of Shri Babu Swadesh Sharma (DIN: 11862049) as an Additional Director of the Company with effect from 15t September, 2026 and Whole Time Director for a term of 3(three) consecutive years with effect from 15% September, 2026, subject to approval of shareholders at the ensuing Annual General Meeting. (cll;fié:c 1of8 Regd. Office | 5. Bentnck Sircet, 1stFoor, Koik- a700t 0a01 Phone : +91-33-2248 3604, 2248 0238 Hemania Basu Sarani, | E-mail - info@jaibalaygroup.com 4ih Floor, Ko'kata - 700 001 | Website - wvwjabalajigroup.com Phone - +97-33-2248 8173, 2248 9808 CIN - L27102WB1999PLCO8ST55 JAI BALAJI INDUSTRIES LIMITED Shri Babu Swadesh Sharma is not debarred or disqualified from holding the office as a Director by virtue of any order passed by SEBI or any Statutory Authority. Further, the details required as per Regulation 30 of the Listing Regulations read with SEBI Master Circular No. HO/49/14/14(7)2025-CFD-POD2/1/3762/2026 dated January 30, 2026, are enclosed as Annexure - A. ¢) Based on the recommendation of the Nomination and Remuneration Committee, approved the re-appointment of Shri Pradip Kumar Tibdewal (DIN: 07977787) and Shri Parthasarathi Mukhopadhyay (DIN: 01968529) as Non- Executive Independent Directors of the Company for second term of 5 (five) consecutive years w.e.f. 16% April, 2027 and 08® August, 2027 respectively, subject to approval of the Members of the Company at the ensuing Annual General Meeting of the Company. Shri Pradip Kumar Tibdewal and Shri Parthasarathi Mukhopadhyay are not debarred or disqualified from holding the office as Director by virtue of any order passed by SEBI or any Statutory Authority. Further, the details required as per Regulation 30 of the Listing Regulations read with SEBI Master Circular No. HO/49/14/14(7)2025-CFD-POD2/1/3762/2026 dated January 30, 2026, are enclosed as Annexure - B. d) Based on the recommendation of the Audit Committee, approved the appointment of M/s. Mondal & Associates, Proprietor Mr. Amiya Mondal, as the Cost Auditor of the Company for the financial year 2026-27. Further, the details required as per Regulation 30 of the Listing Regulations read with SEBI Master Circular No. HO/49/14/14(7)2025-CFD-POD2/1/3762/2026 dated January 30, 2026, are enclosed as Annexure - C. ¢) We further wish to inform that, consequent to completion of his tenure, Shri Bimal Kumar Choudhary (DIN: 08879262) shall cease to be a Whole-time Director of the Company with effect from the close of business hours on 14% September, 2026 and hence, has also stepped down from the Directorship of the Company with effect from the close of business hours on 14t September, 2026. The Board of Directors and the Management of the Company placed on record his deep appreciation for the contributions made by Shri Bimal Kumar Choudhary during his association with the Company over the years. Page 2 of 8 Regd. Office | 5. Bentinck Street, st Fioos, Kolkata - 700 001 LV Compie, [ Phone: + 2248 3604, 2248 0238 15€, Hemanta Basu Sarary, 4th Foor, Kolkata - 700 001 Phone . +91-33-2248 8173, 2248 9808 CIN - L27102WB1999PLC089755 JAI BALAJI INDUSTRIES LIMITED Further, the details required as per Regulation 30 of the Listing Regulations read with SEBI Master Circular No. HO/49/14/14(7)2025-CFD-POD2/1/3762/2026 dated January 30, 2026, along with his cessation letter are enclosed as Annexure - D. This is for your information and record. Thanking you. Yours faithfully, Tor Jai Balaji Industries Limited Ajay Kumar Tantia Company Secretary Tincl: as above Regd. Office | 5. Bertnck Street, st Floor, Koikata - 700 001 Corporate Office | LM (m 30f8 Phone : ~91-33-2248 3604, 2248 0238 15C, Hemanta Basu Saran, E-mail - infoc@jaibalajigroup.com £th Floor, Kotkata - 700 001 Wehsite * www jaibalajigroup.com Phone +91-33-2248 8173, 2248 9808 CIN - L27102WEB1399PLCO89I755 v JAI BALAJI INDUSTRIES LIMITED Annexur- eA Disclosure under Clause (7) of Para A of Part A of Schedule III of Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 read with SEBI Master Circular No. HO/49/14/14(7)2025-CFD-POD2/1/3762/2026 dated January 30, 2026 Disclosure Requirements Details Name Shri Babu Swadesh Sharma (DIN: 11862049) Reason for change viz. Appointment as Additional Director (Category: Whole - time Director) of the Company. Appointment Date of appointment & term Date of Appointment: 15*" September, 2026 of appointment Terms of appointment: For a term of 3(three) consecutive years with effect from 15t September, 2026. Brief profile (in case of Shri Babu Swadesh Sharma is a distinguished steel industry appointment) leader with nearly 40 years of experience in integrated iron and steel manufacturing, business transformation, operational excellence, and strategic leadership. A Bachelor of Engineering (Metallurgy) from Malviya Regional Engineering College (now MNIT Jaipur), a JICA (Japan)- certified Visionary Leader for Manufacturing, and a Diploma in Civil Engineering, he has successfully led multi-MTPA steel plants and complex manufacturing operations, driving profitability, sustainable growth, and cost leadership. Renowned for turning around underperforming plants and building some of India’s most cost-competitive steel manufacturing facilities, he has pioneered innovations across projects, processes, technology, and operations, leveraging Lean, Six Sigma, and digital manufacturing, with expertise spanning the entire steel value chain from raw materials to finished products. A recipient of multiple national industry awards and recognised for advancing technology, operational excellence, and organisational capability, Mr. Sharma is also a respected mentor and people-focused leader committed to developing the next generation of manufacturing leaders. Disclosure of relationships Shri Babu Swadesh Sharma is not related to any Director or between directors (in case of Key Managerial Personnel of the Company. appointment of a director) w congh 4 of 8 Regd. Office 5, Bentinck Street, 1st Floor, Kolkata - 700 001, Corporate Office | 15€, Hemanta Basu Sarani, Phone : +91-33-2248 3604, 2248 0238 E-mail . info@jaibalajigroup.com | ath Floor, Kolkata - 700 001 Wehsite ; wwwaibalajigroup.com Phone - +31-33-2248 8173, 2248 9808 CIN- L27102WB1999PLLOBYTSS .- JAI BALAJI INDUSTRIES LIMITED Annexure - B Disclosure under Clause (7) of Para A of Part A of Schedule III of Regulation 30 of SEBI (Listing Obligations and Disclos [Showing first 8,000 characters — download PDF for full document]