Clarification on significant movement in share price of the company.

CIN: L28113MP2015PLC034065 GSL/SE/2026-27 19th August, 2026 Online filing at: www.listing.bseindia.com To, The General Manager DCS-CRD BSE Ltd. Rotunda Building P.J. Tower, Dalal Street Fort, Mumbai - 400001 BSE CODE: 544616 SUB: Clarification on significant movement in share price of the Company. Ref.: BSE e-mail dated 18th August 2026 reference No. L/SURV/ONL/PV/APJ/ 2026-2027 / 4151 Dear Sir/Ma’am, This is with reference to your E-mail dated 18th August 2026 seeking clarification with respect to significant movement in price of Equity Shares of the Company. In this regard, we wish to inform you that there is no information and/or announcement in terms of regulation 30 of SEBI (LODR) Regulations, 2015, which in our opinion may have a significant impact on the Price behaviour of the Company's Scrip. We believe that the significant change in the share price might be purely due to market conditions and are market driven by which the Company neither has any control nor has any knowledge of reasons for such movement. We are always committed to comply with all the requirements of SEBI (LODR) Regulations, 2015 and would like to ensure that in future and when any announcement/disclosure may be required as per Regulation 30 of the SEBI (LODR) Regulations, 2015 shall be disclosed to exchange immediately. You are requested to please take on record the above-mentioned information for your reference and further needful. We request you to kindly take the above clarification on record. Thanking You, Yours Faithfully, For, GALLARD STEEL LTD TRAPTI JAIN COMPANY SECRETARY & COMPLIANCE OFFICER