Submission of 47th Annual Report of the Company for the Financial Year 2025-26 along with notice of 47th Annual General Meeting.

@ NCREDIBLE INDUSTRIES LIMITED An ISO 9001:2015, 14001:2015 & 45001:2018 Organisation ' Corporate Office : “LANSDOWNE TOWERS”, 2/1A, SARAT BOSE ROAD, KOLKATA - 700 020 PH. : 033-6638 4700 * FAX : 91-33-6638 4729 x Website : www.incredibleindustries.co.in EHAROSA HAMESHA E-mail : incredibleindustries1979@iilgroup.co.in 25% August, 2026. Listing Department The Secretary BSE Limited National Stock Exchange of India Limited Phiroze Jeejecbhoy Towers Exchange Plaza, Bandra Kurla Complex Dalal Street Bandra (E) Mumbai- 400 001. Mumbai-400 051. Scrip Code: 538365 Scrip Code- INCREDIBLE The Secretary The Calcutta Stock Exchange Limited 7, Lyons Range Kolkata-700 001 Scrip Code: 28188 Dear Sir/ Madam, Sub: Submission of 47" Annual Report of the Company for the Financial Year 2025-26 along with notice of 47" Annual General Meeting Re: Regulation 34 of the SEBI (Listing Regulations and Disclosure Requirements) Regulations, 2015 In accordance with Regulation 34 of the SEBI (Listing Regulations and Disclosure Requirements) Regulations, 2015, please find enclosed herewith 47" Annual Report of the Company for the financial year 2025-26 along with notice of 47" Annual General Meeting of the Company to be held on Friday, 18" September, 2026 at 02:30 P.M. through Video Conferencing / Other Audio Visual Means (“VC/OAVM). The Annual Report and notice has also been made available on the website of the Company at wwiwv.ineredibleindustries.co.in . Thanking you and assuring you of our best attention always, Yours faithfully, For Incredible Industries Limited Company Secretary and Compliance Officer Name: Bharat Agarwal M. No.- FCS-11144 Encl.: As mentioned above Regd. Office : 14, Netaji Subhas Road, I1-Floor, Kolkata - 700 001 ® : 2243-4355, 2242-8551 Works : Raturia, Angadpur, Durgapur - 713 215, Phone : (0343) 2591105/2591122/1123/1124 CIN: L27100WB1979PLC032200 What’s Inside Corporate Overview 1 Corporate Information 2 Built to Endure. Ready to Grow 4 Economic and Industry analysis 6 Short analysis about company’s positioning 8 Incredible at a glance 10 Statement from Chairman's Office 14 Our Manufacturing Excellence 16 Our Diversified Product Portfolio 18 Operational Excellence 20 Building a Trusted Steel Brand 22 Financial Highlights for FY2025-26 24 People & Communities 26 Environmental Stewardship 28 Governance in Action 30 Board of Directors Statutory Reports 31 Report of the Board of Director’s 45 Annexure A – Particulars of Energy Conservation, Technology Absorption and Foreign Exchange Earnings and Outgo as required under the Companies (Accounts) Rules, 2014: 47 Annexure B – Report on Corporate Social Responsibility (CSR) Activities / Initiatives 50 Annexure C – Disclosure In Directors’ Report Pursuant To Section 197(12) of The Companies Act, 2013 Read With Rule 5(1) of The Companies (Appointment and Remuneration of Managerial Personnel) Amended Rules, 2016: 53 Annexure D – Secretarial Audit Report 57 Annexure E – Form No. AOC-2 58 Management Discussion and Analysis Report 68 Report on Corporate Governance Financial Reports 101 Independent Auditor’s Report 112 Balance Sheet 113 Statement of Profit and Loss 114 Statement of Changes in Equity 115 Cash Flow Statement 117 Notes to the Financial Statements Corporate Information BOARD OF DIRECTORS LENDERS Mr. Rama Shankar Gupta Bank of India Executive Director-Chairman & Central Bank of India Managing Director Punjab National Bank Mr. Sanjay Kaloya Canara Bank Non-Executive, Non-Independent Director REGISTERED OFFICE Mr. Raj Prakash Verma 14, Netaji Subhas Road Non-Executive, Non-Independent 2nd Floor, Kolkata- 700 001 Director Phone/Fax: 033-2243 4355 / 2242-8551 Mr. Deepak Kumar Agarwalla Non-Executive, Independent Director CORPORATE OFFICE Mrs. Sonam Agarwal Lansdowne Towers Non-Executive, Independent Director 2/1 A, Sarat Bose Road, Kolkata-700 020 Mrs. Shilpi Modi Phone: (033) 6638-4700 Non-Executive, Independent Director Fax: (033) 2289-0285 E-mail- investorsiil@iilgroup.co.in CHIEF FINANCIAL OFFICER Website: www.incredibleindustries.co.in Shri Amit Agrawal WORKS COMPANY SECRETARY Raturia, Angadpur Shri Bharat Agarwal Durgapur-713 215 Phone: (0343) 2591105 / 2591122 / 1123 / STATUTORY AUDITORS 1124 M/s. R. Gopal & Associates Chartered Accountants REGISTRAR & SHARE TRANSFER AGENT COST AUDITORS M/s. Maheshwari Datamatics Pvt. Ltd. M/s. Dipak Lal & Associates 23, R. N. Mukherjee Road, 5th Floor Cost Accountants Kolkata-700 001 Phone: (033) 2243-5809/5029 SECRETARIAL AUDITORS Fax: (033) 2248-4787 M/s. MR & Associates E-mail- mdpldc@yahoo.com Company Secretaries INTERNAL AUDITORS M/s. G. P. Agarwal & Co. Chartered Accountants Like steel itself, every lasting enterprise begins as potential. It is refined through discipline, tempered by experience and defined by the choices made when no one is watching. Strength is not found in a single moment; it is built, layer upon layer, through consistency that never wavers. BUILT TO At Incredible Industries, this philosophy runs through everything we create. From billets that become new possibilities to bars that ENDURE reinforce skylines, from wire rods that connect industries to nails that hold ideas together, every product is part of something larger than ENDURANCE IS NEVER AN itself. Individually, they are products. ACCIDENT. IT IS FORGED THROUGH Together, they become PRESSURE, SHAPED the unseen framework BY PURPOSE AND of progress. The future is not built STRENGTHENED WITH TIME. by standing still. It belongs to those who continue to evolve, while remaining true to their foundations. Growthis not merely the pursuit of scale, it is the quiet confidence to prepare before opportunity arrives, to strengthen before demand emerges and to invest in capabilities that will endure long after the next cycle has passed.As cities expand, industries evolve and infrastructure reshapes the nation, the need for dependable steel continues to grow. Meeting READY TO those future demands more than capacity, it demands consistency, precision and the ability to deliver with unwavering reliability. GROW. This is the future we are preparing for. By strengthening our manufacturing capabilities, embracing operational excellence and building on an integrated production ecosystem, we are creating an enterprise that is agile enough to seize opportunity and resilient enough to sustain it. Because growth is not simply about becoming bigger. It is about becoming ready for everything, the future chooses to build. INCREDIBLE INDUSTRIES LIMITED | Annual Report 2025-26 The next decade belongs to nations that can build at scale and India's steel industry is preparing to lead that journey. Steel is the skeleton on which nations build ambition. In India, that ambition is accelerating. Contributing nearly 2% to GDP and backed by vast iron ore reserves and a formidable workforce, Currently, India is the second-largest crude steel producer in World. Crude steel output rose from 151.14 MT in FY25 to 153.60 MT within the first eleven months of FY2025-26. India's demand for steel continues to gather momentum. With expanding infrastructure ambitions, rapid urban transformation connectivity investments, the nation is reshaping the way the infrastructure of tomorrow is conceived and constructed. As India moves towards 255 MT of crude steel production by 2030-31, every tonne forged brings the nation closer to a stronger and resilient industrial future. India continues to outperform with 3.9% year-on-year growth, strengthening its position as a globally competitive manufacturing and export hub. Corporate Overview Statutory Report Financial Section INCREDIBLE INDUSTRIES LIMITED | Annual Report 2025-26 INCREDIBLE INDUSTRIES LIMITED | Annual Report 2025-26 Where Growth Finds As India advances from 220 million tonnes of installed steel capacity towards a vision of 300 million tonnes by 2030-31, the industry is forging a future shaped by scale, resilience and possibility. Within this unfolding landscape, we continue to s [Showing first 8,000 characters — download PDF for full document]