Shareholders meeting

LIMITED 26th August, 2026 To, To, Listing Department Listing Department BSE Limited National Stock Exchange of India Limited 25th Floor, P. J. Towers, Exchange Plaza, C-1, Block G, Bandra Kurla Complex, Dalal Street, Bandra (E), Mumbai -400 001 Mumbai -400 051 Security Code: 540923 Security Symbol: ASHOKAMET Dear Sir/Madam, Sub: Notice of 17th Annual General Meeting of the Company. This is with reference to the above captioned subject line and pursuant to Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, please find enclosed herewith the Notice of 17th Annual General Meeting to be held on Thursday, 17th September, 2026 at 3:30 P.M. IST through Video Conferencing (VC)/other Audio-Visual Means (OAVM). Kindly find the same and take on your records. Thanking you. Yours faithfully, Ashok Shah Managing Director DIN: 02467830 Encl: As above Ashoka Metcast Limited Reg. Ofc: Corporate House-2, Anam-2, lscon Ambli BRTS Road, Nr. Vakil Saheb Bridge, Ambli, Ahmedabad-380058, Gujarat, India Website: www.ashokametcast.in CIN: L46620GJ2009PLC057642 Phone: 6358028106 Email: info@ashokametcast.in NOTICE Notice is hereby given that 17th Annual General Meeting of Ashoka Metcast Limited will be held on Thursday, 17th September, 2026 at 3:30 P.M. IST through Video Conferencing (VC)/ Other Audio-Visual Means (OAVM) to transact the following Business: ORDINARY BUSINESS: 1. To receive, consider and adopt the Standalone and Consolidated Financial Statements of the Company for the year ended 31st March, 2026 including Audited Balance Sheet as at 31st March, 2026 and Statement of Profit and Loss and the Cash Flow Statement for the year ended on that date and the Reports of the Board of Directors and the Auditors thereon. To consider and if thought fit, to pass with or without modification(s) following resolution as an Ordinary Resolution: “RESOLVED THAT pursuant to the provisions of section 129, 134 and all other applicable provisions of the Companies Act, 2013 if any read with Companies (Accounts) Rules, 2014, (including any statutory modification(s) or re-enactment thereof) the Audited Standalone and Consolidated financial statements of the Company for the financial year ended 31st March, 2026 and reports of the Board of Directors and Statutory Auditors thereon, as circulated to the members, be and are hereby considered and approved.” 2. Re-appointment of Mr. Shalin Ashok Shah (DIN: 002974447), Non-Executive Director of the Company, who is liable to retire by rotation and being eligible, offers himself for re-appointment. To consider and if thought fit, to pass with or without modification(s) following resolution as an Ordinary Resolution: “RESOLVED THAT in accordance with the provisions of section 152 and other applicable provisions of the Companies Act, 2013 and The Companies (Appointment and Qualifications of Directors) Rules, 2014 (including any statutory modification(s) or re-enactment thereof for the time being in force), Mr. Shalin Ashok Shah (DIN: 002974447), who retires by rotation at this meeting and being eligible for re-appointment, be and is hereby re-appointed as Non-Executive Director of the company.” “RESOLVED FURTHER THAT any of the Board of Directors/ Company Secretary of the Company be and is hereby authorized severally to do all such acts, deeds and things, to sign, execute and deliver all such documents, instruments and writings as may be required to give effect to this Resolution.” SPECIAL BUSINESS: 3. REGULARIZATION OF APPOINTMENT OF MRS. JHANVI VIKAS SETHI (DIN: 08593000) AS A NON-EXECUTIVE INDEPENDENT DIRECTOR OF THE COMPANY: To consider and, if thought fit, to pass, with or without modification(s), the following resolution as Special Resolution: “RESOLVED THAT pursuant to the provisions of sections 149, 150, 152 and any other applicable provisions of the Companies Act, 2013 (“the Act”) if any, read with Schedule IV to the Act, the Companies (Appointment and Qualification of Directors) Rules, 2014 including any other Rules made there under and Regulation 16(1)(b) and Regulation 25 and other applicable provisions of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, (including any statutory modification(s) or re-enactment thereof for the time being in force) and in accordance with Articles of Association of the Company, and based on recommendation of Nomination and Remuneration Committee, Mrs. Jhanvi Vikas Sethi (DIN: 08593000) who was appointed as an Additional Director (in the capacity of a Non-Executive Independent Director) of the company by the Board of Directors at its meeting held on 12th August, 2026 pursuant to section 161 of the Act and in respect of whom the company has received a Notice in writing from a Member under section 160 of the Companies Act, 2013 proposing her candidature for the office of Director and who has submitted a declaration that she meets the criteria for independence as provided in section 149 (6) of the Act, be and is hereby appointed as the Non-Executive Independent Director of the company to hold office for a term of 5 (five) consecutive years commencing from 12th August, 2026 to 11th August, 2031.” “RESOLVED FURTHER THAT for the purpose of giving effect to this resolution, any Director of the Company be and is hereby authorised, on behalf of the Company, to do all acts, deeds, matters and things as may be deemed necessary, proper or desirable and to sign and execute all necessary documents, applications and returns for the purpose of giving effect to the aforesaid resolution.” 4. APPROVAL FOR ENHANCEMENT OF LIMIT FOR AVAILING FINANCIAL ASSISTANCE FROM PROMOTER AND PROMOTER GROUP AND CONVERSION OF LOAN INTO EQUITY SHARES: To consider and, if thought fit, to pass with or without modification(s), the following resolution as a Special Resolution: “RESOLVED THAT pursuant to the provisions of Section 62(3) and other applicable provisions, if any, of the Companies Act, 2013 and Rules made thereunder, and other applicable provisions, if any and to the extent applicable, of the Companies Act, 2013 and Rules made thereunder (including any statutory modification(s) or re-enactment thereof for the time being in force) (hereinafter referred to as the “Act”) and in accordance with the provisions of the Memorandum and Articles of Association of the Company, the provisions of the Securities and Exchange Board of India (Issue of Capital and Disclosure Requirements) Regulations, 2018, as may be modified or re-enacted from time to time (hereinafter referred to as “ICDR Regulations”), the provisions of Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015 (hereinafter referred to as the “Listing Regulations”) and all other applicable laws, rules, regulations, notifications, guidelines, circulars and clarifications issued by various authorities, the consent of the Members be and is hereby accorded to the Board in respect of the financial assistance to be extended by the Promoters and Promoter Group (hereinafter referred to as the “Lenders”) not exceeding Rs. 50 Crores (Rupees Fifty Crores only), being an enhancement of the existing approved limit of Rs. 25 Crores, consistent with the existing borrowing powers of the Company under Section 180(1)(c) of the Companies Act, 2013 and further to convert the whole or part of the outstanding loans of the Company into fully paid-up equity shares of the Company, in one or more tranches, at such price as may be mutually agreed by the Lenders and management and upon such terms and conditions as set forth by the Lenders to the Company in the loan agreement(s), security document(s) and/or any other financing documents by whatever name called (hereinafter referred to as the “Financing Documents”) or as may be stipulated by the Lenders or as deemed appropriate by the Board and in accordance with the following conditions: i. The conversion right reserved as aforesaid may be exercis [Showing first 8,000 characters — download PDF for full document]