Pursuant to Regulation 34(1) of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, we are submitting herewith Notice of Annual General Meeting (including e-voting ....

Welcast Steels Limited Works : Plot No. 15, Phase 1, Peenya Industrial Area, Bangalore - 560 058. INDIA Phones : (91-80) 2839 4058, 2839 4059 E-mail: info@welcaststeels.com Website - www.welcaststeels.com GIN: L27104GJ1972PLC085827 17" August, 2026 The Manager (Listing), The BSE Limited Phiroze Jeejeebhoy Towers, Dalal Street, Mumbai - 400 001 Dear Sir/ Madam, Sub: Annual Report for the Financial Year ended 31° March, 2026 Script Code: 504988 Pursuant to Regulation 34(1) of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, we are submitting herewith Notice of Annual General Meeting (including e voting instructions) alongwith Annual Report 2025-26 of the Company, which is also being sent through electronic mode to the members as per the circulars from Ministry of Corporate Affairs and Securities and Exchange Board of India. Important details with regard to AGM are as under: Sr. Particulars Details l. AGM Details Day: Thursday Date: 10" September, 2026 Time : 11.00 a.m. (1ST) Through Video Conference/Other Audio Visual Means 2. Cut-off date for e-voting Thursday, 3" September, 2026 3. Remote e-voting start 9.00 a.m. Monday, 7" September, 2026 time, day and date 4. Remote e-voting end 5.00 p.m. Wednesday, 9" September, 2026 time, day and date 5. E-voting website of CDSL https://www.cdslindia.com gas,8 Regd. Office: 115, G.V.M.M. Estate, Odhav Road, Odhav Ahmedabad - 382410, Gujarat, India 1S090011� Tel : (+91-79) 22901078, Fax: (+91-79) 22901077 The Annual Report containing the Notice of Annual General Meeting is also uploaded on the Company's website at www.welcaststeels.com. You are requested to take the same on your record. Thanking you. Yours faithfully, For Welcast Steels Limited Paresh M. Shukla Company Secretary Encl: As above ANNUAL REPORT 2025-2026 Welcast Steels Limited WELCAST STEELS LIMITED CORPORATE INFORMATION BOARD OF DIRECTORS Mr. Rajan R. Harivallabhdas Mr. Piyush B. Shah Chairman Independent-Non Executive Director Independent-Non Executive Director Mr. Bhadresh K. Shah Mrs. Khushali S. Solanki Non -Executive & Non - Independent Director Non - Executive & Non -- Independent Director Mr. Pradip R. Shah Mr. Sanjay S. Majmudar Non -Executive & Non - Independent Director Non -Executive & Non - Independent Director KEY MANAGERIAL PERSONNEL Mr. Gangadurai M Mr. Paresh M. Shukla Chief Executive Officer Company Secretary Mr. Viren K.Thakkar, Chief Financial Officer REGISTERED OFFICE WORKS 115-116, G.V.M.M. Estate, Plot No. 15, Phase - 1, Odhav Road, Odhav, Peenya Industrial Area, Ahmedabad -382 415, Gujarat Bengaluru - 560 058 Phone:079-22901078 Landline: 080 - 28394058 / 59 CIN: L27104GJ1972PLC085827 E-mail: info@welcaststeels.com E-mail: info@welcaststeels.com Web: www.welcaststeels.com REGISTRAR & SHARE TRANSFER AGENT BANKER Bigshare Services Pvt. Ltd., Canara Bank, Bengaluru Office No. S6-2, 6th Floor, Pinnacle Business Park, Next to Ahura Centre, Mahakali Caves Road, Andheri (East) Mumbai -- 400093 NAMEOFTHESTOCKEXCHANGE COMMUNICATION DETAILS WHERE THE SHARES ARE LISTED BSE Limited Email: info@welcaststeels.com Script Code: 504988 Telephone: 079-22901078/6604 7800 Website: www.welcaststeels.com Statutory Auditors Cost Auditors Secretarial Auditors Dagliya & Co., Kiran J Mehta & Co Tushar Vora & Associates Chartered Accountants, Cost Accountants Company Secretaries WELCAST STEELS LIMITED STATUTORY REPORTS: Page No. Board's Report 16 Report on Corporate Governance 29 Management Discussion and Analysis 49 FINANCIAL STATEMENTS Auditors' Report 52 Balance Sheet 64 Statement of Profit and Loss 65 Statement of Changes in Equity 66 Cash Flow Statement 67 Notes 69 INVESTOR'S INFORMATION BSE CODE 504988 AGM DATE 10 September, 2026 AGMTIME 11.00 A.M. AGM MODE Video Conferencing or Other Audio Visual Means. NOTICE NOTICE is hereby given that the Fifty Fourth Annual General Meeting of the members of Wei cast Steels Limited will be held on Thursday, the 10 September, 2026 at 11.00A.M. through Video Conferencing/ Other Audio Visual Means, to transact the following business: ORDINARY BUSINESS: 1. To receive, consider and adopt the Audited Balance sheet as at 31 March, 2026 and Statement of Profit and Loss for the year ended on that date and the Reports of the Board of Directors and Auditors thereon. 2. To appoint a Director in place of Mr. Bhadresh K. Shah (DIN 00058177), who retires by rotation in terms of Section 152(6) of the Companies Act, 2013 and being eligible, offers himself for re-appointment. Welcast Steels Limited CIN: L27104GJ1972PLC085827 115-116, G.V.M.M. Estate, Odhav Road, Odhav, By order of the Board of Directors Ahmedabad -382 415, Gujarat Phone:079-22901078 Paresh M. Shukla Place: Ahmedabad Company Secretary Date: 20 May, 2026 ACS: 20815 NOTICE (Contd .. ) NOTES 1. Pursuantto General Circulars No.14/2020 dated 8April, 2020, No.17/2020 dated 13April, 2020, No. 20/2020 dated 5 May, 2020, No. 02/2021 dated 13 January, 2021, No. 21/2021 dated 14 December, 2021, No. 2/2022 dated 5 May, 2022, No. 10/2022 dated 28 December, 2022, No. 09/2023 dated 25 September, 2023 09/2024 dated 19 September, 2024 and No. 03/2025 dated 22 September, 2025 issued by the Ministry of Corporate Affairs (collectively referred to as MCA Circulars), the Company is convening the 54th Annual General Meeting ('AGM') through Video Conferencing ('VC')/Other Audio Visual Means ('OAVM'), without the physical presence of the Members at a common venue. Further, Securities and Exchange Board of India ('SEBI'), vide its Circulars dated 12 May, 2020, January 15, 2021, 13 May, 2022, 5 January, 2023, 7 October, 2023 and 3 October, 2024 ('SEBI Circulars') and other applicable circulars issued in this regard, have provided relaxations from compliance with certain provisions of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 ('SEBI LODR Regulations'). In compliance with the provisions of the Companies Act, 2013 (Act'), the SEBI LODR Regulations and MCA Circulars, the 54th AGM of the Company is being held through VC/OAVM on Thursday, 10 September, 2026 at 11:00 A.M. 1ST. The deemed venue for theAGM will be the Registered Office of the Company i.e. 115-116, G.V.M.M. Estate, Odhav Road, Odhav, Ahmedabad 382 415. As thisAGM is being held pursuant to the MCA Circulars for General Meetings through VC/OAVM, the facility to appoint proxy will not be available for this AGM and hence the Proxy Form and Attendance Slip are not annexed to this Notice. However, a Body Corporate is entitled to appoint authorized representative to attend AGM through VC/OAVM and participate there at and cast their votes through e-voting. As this AGM will be held through VC/OAVM, the Route Map is not annexed to this Notice. 2. The Securities and Exchange Board of India (SEBI) has mandated the submission of Permanent Account Number (PAN) by every participant in Securities Market. Members holding shares in electronic form are, therefore, requested to submit the PAN to their Depository Participants with whom they are maintaining their Demat Accounts. SEBI vide its Circular dated 20 April, 2018, directed all the listed companies to record the Income Tax PAN and Bank Account Details of all their shareholders holding shares in physical form. All those shareholders who are yet to update their details with the Company are requested to do so at the earliest. This will help the Shareholders to receive the dividend declared by the Company, directly in their respective bank accounts. 3. In compliance with the Circular of Ministry of Corporate Affairs for a "Green Initiative in the Corporate Governance" by allowing/permitting service of documents etc. in electronic form, the company will send electronic copy of the Annual Report of 2025-26 along with notice of Annual General Meeting to all the members whose e-mail IDs are registered with the Company/Depository Participant(s) for communication purposes. 4. The Register of Directors and Key Managerial Personnel and th [Showing first 8,000 characters — download PDF for full document]