Shareholders meeting

SMEL/SE/2026-27/66 August 25, 2026 The Secretary, Listing Department The Manager – Listing Department BSE Limited National Stock Exchange of India Limited Phiroze Jeejeebhoy Towers “Exchange Plaza”, 5th Floor, Plot No. C/1, G Dalal Street, Mumbai 400 001 Block, Bandra-Kurla Complex, Bandra (East), Maharashtra, India Mumbai 400 051, Maharashtra, India Scrip Code: 543299 Symbol: SHYAMMETL Sub: Proceeding of 24th Annual General Meeting of Company held through Video Conferencing or Other Audio-Visual Means (‘VC/OAVM’) under Regulation 30 of the Securities and Exchange Board of India (Listing Obligation and Disclosure Requirements) Regulations, 2015 Dear Sir/Madam, Pursuant to the provision of Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, a summary of the proceedings of the 24th Annual General Meeting (‘AGM’) of the Company held through Video Conferencing / Other Audio- Visual Means (‘VC / OAVM’) on Tuesday, 25th August, 2026 at 03:00 P.M.(‘IST’) is enclosed herewith for your record. The voting results, in the prescribed format in terms of Regulation 44(3) of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 will be submitted in due course within the prescribed time. This intimation is also being made available on the website of the Company i.e. www.shyammetalics.com. Kindly take this on record. Thanking You, For Shyam Metalics and Energy Limited Birendra Kumar Jain Company Secretary & Compliance Officer Membership No. F13320 Encl: as above OUR BRANDS SHYAM METALICS AND ENERGY LIMITED Regd. O(cid:431)ice: P-19, (Plate No.: D-403), Taratala Road, CPT Colony, Kolkata, West Bengal – 700088 CIN: L40101WB2002PLC095491 GSTIN: 19AAHCS5842A1ZE T:+91 33 6521 6521 Email: contact@shyamgroup.com Web: www.shyammetalics.com Follow us on : Power | Ferro Alloys | Pellets | Pig Iron | Billets | Sponge Iron | Wire Rod | Wire | TMT & Structurals | Aluminium Foil | Roofing Product | Stainless Steel | DI Pipes Summary of the Proceedings of the 24th Annual General Meeting The 24th Annual General Meeting (‘AGM’) of Shyam Metalics and Energy Limited was convened on Tuesday, 25th August 2026 at 3:00 P.M (IST) through Video Conferencing / Other Audio-Visual Means (‘VC/OAVM’), in accordance with various circulars issued by the Ministry of Corporate Affairs (‘MCA’) and the Securities and Exchange Board of India (‘SEBI’) and in compliance with the relevant provisions of the Companies Act, 2013 (“Act”) and SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. Mr. Brij Bhushan Agarwal, (Chairman and Managing Director) chaired the AGM. The Chairman welcomed the shareholders to the meeting. It was informed that total 119 Shareholders attended through Video conferencing. On the confirmation of the requisite quorum being present received from the Company Secretary and Compliance Officer, Chairman called the meeting to order. All the Directors of the company were present at the meeting through VC from their respective locations. The Chairman of the Audit Committee, Stakeholders Relationship Committee and Nomination and Remuneration Committee were also present at the AGM. The Chairman welcomed the Directors and requested them to introduce themselves to the members. The Chairman thereafter informed the members that, representative of M/s. MSKA & Associates LLP, Chartered Accountants as Statutory Auditors and representative of M/s. MKB & Associates, Practicing Company Secretaries, Secretarial Auditors of the Company and Mr. Raj Kumar Banthia, Partner MKB & Associates, as the Scrutinizer to oversee the remote e-voting and e-voting process in a fair and transparent manner, were also attended the meeting virtually Thereafter, the Chairman formally addressed the Shareholders. In his address, he covered the Global and Domestic Macro-Economic Landscape, Steel and Metal Industry Overview, Financial Performance of the Company during FY 2025-26, Strategic and Operational Progress, People and Organisational Capability, Sustainability and Social Impact, and Vision 2031 and the Next Phase. In his closing remarks, the Chairman highlighted the Company’s growth aspirations, expressing his expectation that the topline and EBITDA could scale to nearly one-and-a- half times their current levels in the years ahead, as the Company’s strategic journey from “Ore to Metal” to “Metal to Value” continues to gain momentum. He explained that “Value” represents not only better and differentiated products for customers, but also greater opportunities for employees, sustainable development for communities, and enduring value creation for shareholders. The Chairman also acknowledged and appreciated the valuable contribution and continued support of all employees and other stakeholders in the Company’s journey of growth and transformation. Thereafter, Chairman requested Mr. Deepak Agarwal, Director-Finance & CFO of the Company to take up the proceedings further. OUR BRANDS SHYAM METALICS AND ENERGY LIMITED Regd. O(cid:431)ice: P-19, (Plate No.: D-403), Taratala Road, CPT Colony, Kolkata, West Bengal – 700088 CIN: L40101WB2002PLC095491 GSTIN: 19AAHCS5842A1ZE T:+91 33 6521 6521 Email: contact@shyamgroup.com Web: www.shyammetalics.com Follow us on : Power | Ferro Alloys | Pellets | Pig Iron | Billets | Sponge Iron | Wire Rod | Wire | TMT & Structurals | Aluminium Foil | Roofing Product | Stainless Steel | DI Pipes Mr. Deepak Agarwal, Director-Finance & CFO of the Company informed to the Members that the Statutory Registers and other relevant documents, as required under the Act, along with the certificate from the Secretarial Auditor in accordance with Regulation 13 of the SEBI (Share Based Employee Benefits and Sweat Equity) Regulations, 2021, were accessible in electronic mode throughout the meeting. With the consent of the Members, the Notice convening the Meeting and the Auditors’ Report were taken as read. Mr. Deepak Agarwal informed to the Members that the Auditors’ Report does not contain any qualifications on financial transactions which have any adverse effect on the functioning of the Company. In terms of the Notice dated July 20, 2026 convening the 24th AGM of the Company, the following items of business, were transacted at the meeting through e-voting: ORDINARY BUSINESS: Item Details of Agenda Resolution No. Required 1. Consideration and Adoption of the Audited Financial Statements (both Standalone and Consolidated) of the Company for the Ordinary financial year ended 31st March, 2026, together with the Resolution Director’s Report and the Auditor’s Report thereon. 2. To confirm payment of Interim Dividend @ 18% i.e. ₹ 1.80/- per equity share of ₹ 10 each on 22nd July, 2025 and Ordinary declaration of final dividend @27% i.e. ₹ 2.70/- per equity share Resolution of ₹ 10/- each for the Financial Year ended 31st March, 2026. 3. To appoint a director in place of Mr. Sheetij Agarwal (DIN: 08212992), who retires by rotation in accordance with Section Ordinary 152(6) of the Companies Act, 2013 and being eligible, offers Resolution himself for re-appointment. SPECIAL BUSINESS: Item Details of Agenda Resolution No. Required 4. To ratify the remuneration payable to the Cost Auditor for the Ordinary Financial Year 2026-27. Resolution 5. To consider and seek fresh approval of funds amounting to ₹ Special 4500 Crores. Resolution Mr. Deepak Agarwal, Director-Finance & CFO of the Company informed to the Members that the Company had provided remote e-voting facility to all persons who were OUR BRANDS SHYAM METALICS AND ENERGY LIMITED Regd. O(cid:431)ice: P-19, (Plate No.: D-403), Taratala Road, CPT Colony, Kolkata, West Bengal – 700088 CIN: L40101WB2002PLC095491 GSTIN: 19AAHCS5842A1ZE T:+91 33 6521 6521 Email: contact@shyamgroup.com Web: www.shyammetalics.com Follow us on : Power | Ferro Alloys | Pellets | Pig Iron | Billets | Sponge Iron | Wire Rod | Wire | TMT & Structurals | Aluminium Foil | Roofing Product | Stainless Steel | DI Pip [Showing first 8,000 characters — download PDF for full document]