Shareholders meeting

Date: 20th August, 2026 To, To, The Manager, Listing Department, Listing & Compliance, National Stock Exchange of India Limited, BSE Limited C-1, G-Block, Bandra-Kurla Complex Phiroze Jeejeebhoy Towers, Bandra (E), Mumbai – 400 051 Dalal Street, Mumbai - 400 001 Ref: Scrip Code – 540393 Ref: Scrip Symbol – SMLT Dear Sir/Ma’am, Sub: Proceedings of 31st Annual General Meeting of the Company held on Tuesday 18th August, 2026. As per Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 read with Para A of Part A of Schedule III of said Regulations, please find enclosed summary of the proceedings of 31st Annual General Meeting (AGM) which was held on Tuesday, 18th August, 2026 at 12:30 PM (IST) at Hotel Ashish International, G.E. Road, Bhilai, C.G. - 490011. This is for your information and records. Thanking you, Yours faithfully, For Sarthak Metals Limited Pratik Jain Company Secretary & Compliance Officer Encl.: As above Summary of Proceedings 31st Annual General Meeting of Sarthak Metals Limited The 31st Annual General Meeting (“AGM”) of the Company was held on Tuesday, 18th August, 2026 at 12:30 PM at the Hotel Ashish International, G.E. Road, Bhilai, C.G. - 490011. Mr. Sunil Kumar Agrawal being permanent chairman of the Board presided over the meeting, Mr. Agrawal welcomed the members and Directors present at the 31st AGM of the Company. The requisite quorum being present, the Chairman called the meeting to order and made his opening remarks with respect to the industry scenario, growth outlook and future outlook. All the Directors were present excluding Mr. Dwadasi Venkata Giri, Independent Director who is also the Chairperson of Stakeholder Relationship Committee, Audit Committee, Corporate Social Responsibility Committee and Nomination and Remuneration Committee. The Company Secretary informed that in compliance with the MCA Circulars and SEBI Circulars, dated July 21, 2023 Notice of the AGM and the Annual Report containing the Board’s Report, Auditor’s Report, Audited Financial Statements for the Financial Year ended March 31, 2026 were sent electronic mode to Members whose e-mail address is registered with the depositories, for members who have not registered their email addresses, physical copies of the Annual Report sent to those shareholders by the permitted mode who have made request for the same. Accordingly, the Notice of AGM was taken as read. Company Secretary further informed that there are no other qualifications, reservation, adverse remarks, observations, comments or disclaimer given either by the Statutory Auditors or the Secretarial Auditors of the Company in their Report for the Financial Year ended March 31, 2026 and the same was taken as read. All documents referred to in the Notice of the meeting were available for inspection from the date of circulation of the Notice up to the date of the meeting. Further, as per the requirements of the provisions of the Companies Act, 2013 ("Act"), (a) the Register of Directors, Key Managerial Personnel (KMP) and their Shareholding; (b) the Register of Contracts or Arrangements in which the Directors are interested were made available for inspection at the Registered Office of the Company during the AGM. Pursuant to the Circulars read with Regulation 44 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 (“SEBI Listing Regulations”), the Company engaged the services of Bigshare Services Private Limited to provide facility to the members to exercise their vote electronically through Remote e-voting and through ballot paper at the AGM in respect of all the businesses set forth in the Notice of AGM. The remote e-voting period commenced on Saturday, August 15, 2026 (09.00 A.M) and ended on Monday, August 17, 2026 (05.00 P.M). The Chairman requested members who were present in the AGM and who had not cast their vote through remote e-voting were provided an opportunity to cast their votes through ballot paper at the AGM. Mr. Atul Jain, Practicing Chartered Accountant (Membership No. 447869) was appointed as the Scrutinizer for scrutinizing the voting process in a fair and transparent manner. The following items of business were transacted at the meeting through remote e-voting and Poll: Item No Business Resolution Type 1 Adoption of Audited Financial Statements Ordinary Resolution Appointment of a Director retiring by 2 Ordinary Resolution rotation Appointment of Mrs. Ushasree 3 Bhagavatula (DIN: 11480507) as Special Resolution Independent Women Director To approve Material Related Party 4 Transactions of the Company with M/s Ordinary Resolution Bansal Brothers Ratification of remuneration of Cost 5 Ordinary Resolution Auditor It was further informed that the Company shall submit details regarding the voting results to the Stock Exchanges within two working days of the conclusion of the AGM. The results declared along with the Scrutinizer's Report(s) shall also be placed on the website of the Company and on the website of Bigshare Services Private Limited immediately after the declaration of results. The meeting was concluded with a formal vote of thanks to the Chairman, Directors and Members of the Company for attending the 31st AGM of the Company. The meeting concluded at 01:14 P.M. Clarification and Explanation for Delay in Submission of Proceedings of Annual General Meeting held on August 18, 2026: With reference to the captioned matter, we acknowledge the observation of the Exchange regarding the delayed submission of the proceedings of the Annual General Meeting ("AGM") of the Company held on August 18, 2026. The AGM of the Company was concluded on August 18, 2026 at 1:14 P.M. The proceedings of the AGM were subsequently submitted to the Stock Exchange on August 19, 2026 at 9:29 A.M. The Company acknowledges that the disclosure was required to be made within twelve hours from the conclusion of the AGM. The delay beyond the prescribed timeline was inadvertent and occurred due to an oversight in the internal process for submission of the proceedings of the AGM within the stipulated timeline. Upon identification of the pending submission, the Company immediately took necessary steps and submitted the proceedings to the Stock Exchange at the earliest. The Company has taken note of the lapse and has strengthened its internal compliance monitoring mechanism and timeline-based review process to ensure timely submission of all disclosures to the Stock Exchange within the prescribed regulatory timelines in future. Further, the Company is submitting the proceedings of the AGM along with this explanation as a revised corporate announcement for your records. We request you to kindly take the above clarification and explanation on record and condone the aforesaid inadvertent delay.