Shareholders meeting

KALYANI STEELS C.I.N. : L27104MH1973PLC016350 KSL:SEC: August 27, 2026 BSE Limited National Stock Exchange of India Limited Phiroze Jeejeebhoy Towers, Exchange Plaza, Dalal Street, Bandra Kurla Complex, Bandra (E) Fort, Mumbai – 400 001 Mumbai – 400 051 Scrip Code : 500235 Scrip Symbol : KSL Dear Sir, Sub. : Proceedings of 53rd Annual General Meeting of the Company held on Thursday, August 27, 2026 Pursuant to Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, please find enclosed herewith brief proceedings of 53rd Annual General Meeting of the Company held today i.e. on Thursday, August 27, 2026 at 11.00 a.m. through Video Conferencing (VC) / Other Audio Visual Means (OAVM). Kindly take the same on record. Thanking you, Yours faithfully, For KALYANI STEELS LIMITED MRS.D.R. PURANIK COMPANY SECRETARY E-mail : puranik@kalyanisteels.com Encl : As above GROUP COMPANY KALYANI STEELS LIMITED, CORPORATE BUILDING, 2ND FLOOR, MUNDHWA, PUNE – 411036, INDIA PHONE : +91 20 6621 5000 E-mail : investor@kalyanisteels.com Website : www.kalyanisteels.com KALYANI STEELS C.I.N. : L27104MH1973PLC016350 Summary of the proceedings of the 53rd Annual General Meeting (AGM) The 53rd Annual General Meeting (AGM) of the members of Kalyani Steels Limited was held on Thursday, August 27, 2026 at 11.00 a.m. (I.S.T.) through Video Conferencing (VC) / Other Audio-Visual Means (OAVM). Mrs.D.R. Puranik, Company Secretary welcomed the members and briefed the members about participation and voting at the meeting through VC / OAVM and confirmed that the requisite quorum is present for the meeting. Thereafter Mr.B.N. Kalyani, Chairman of the Company chaired the meeting. The Chairman welcomed the members and informed the members that AGM is conducted through Virtual Mode in compliance with the directives issued by Ministry of Corporate Affairs and SEBI. As the requisite quorum was present, the Chairman called the meeting in order. All the Directors except Mr.Amit B. Kalyani, were present for the meeting, who introduced themselves and informed the members of the location from where they were attending the meeting. The Chairman informed that the Statutory Auditors, Internal Auditors, Secretarial Auditors and Cost Auditors were also participating in the AGM through Video Conferencing from their respective locations. The Notice of AGM as circulated to all members was taken as read. The Statutory Auditor’s Report as well as in Secretarial Auditor’s Report were also taken as read, with the permission of members. The Chairman then delivered the speech and summarized the business operations and financial performance of the Company. The Chairman then invited Members to ask their queries / give suggestions. The Chairman and Mr.R.K. Goyal, Managing Director of the Company responded to the queries / suggestions, raised / made by the Members. The following items of business as set out at Sr.No. 1 to 7 in the Notice of AGM dated May 8, 2026 were transacted at the meeting : Sr. No. Agenda Item Resolution Type ORDINARY BUSINESS : 1. To consider and adopt the Audited Standalone and Consolidated Ordinary Financial Statements of the Company for the Financial Year ended Resolution March 31, 2026 and the Reports of the Board of Directors and Auditors thereon. 2. To declare dividend on Equity Shares for the Financial Year ended Ordinary March 31, 2026. Resolution 3. To appoint a Director in place of Mr.M.U. Takale (DIN 01291287), Ordinary who retires by rotation and being eligible, offers himself for R e s o l u t io n re-appointment. GROUP COMPANY KALYANI STEELS LIMITED, CORPORATE BUILDING, 2ND FLOOR, MUNDHWA, PUNE – 411036, INDIA PHONE : +91 20 6621 5000 E-mail : investor@kalyanisteels.com Website : www.kalyanisteels.com KALYANI STEELS C.I.N. : L27104MH1973PLC016350 Sr. No. Agenda Item Resolution Type SPECIAL BUSINESS : 4. Re-appointment of Mr.B.N. Kalyani (DIN 00089380) as a Director of Special the Company. Resolution 5. Approval for Material Related Party Transactions with Bharat Forge Ordinary Limited Resolution 6. Approval for Material Related Party Transactions with Kalyani Ordinary Technoforge Limited Resolution 7. Ratification of Remuneration of the Cost Auditors. Ordinary Resolution The Chairman informed that the members who have not casted their votes through remote e-Voting can exercise their votes at the AGM and the e-Voting facility will remain open for 15 minutes after conclusion of the meeting and will be disabled thereafter. The members were informed that Mr.Sridhar Mudaliar, Partner of SVD & Associates, Company Secretaries has been appointed as the Scrutinizer to scrutinize the votes cast through remote e-Voting and at this meeting. The Chairman authorised Mrs.D.R. Puranik, Company Secretary to declare the results of e-Voting on receipt of Scrutinizer’s Report and forward the same to the Stock Exchanges and NSDL and upload the same on the Company’s website. There being no other business, Chairman concluded the meeting with a vote of thanks to the Directors and members present for attending the AGM. The meeting concluded at 11.55 a.m. (including the time allowed for e-voting at the AGM). For KALYANI STEELS LIMITED MRS.D.R. PURANIK COMPANY SECRETARY Date : August 27, 2026 Place : Pune GROUP COMPANY KALYANI STEELS LIMITED, CORPORATE BUILDING, 2ND FLOOR, MUNDHWA, PUNE – 411036, INDIA PHONE : +91 20 6621 5000 E-mail : investor@kalyanisteels.com Website : www.kalyanisteels.com