General Updates

qi :t q - <-I 1€ -<i1 fcl Me 6 (lfffifmcnRqiJ~) -e -- Nas Osur Ii Ang MSTC LIMITED (A Govt of India Enterprise) CIN : L27320WB1964GOI026211 MSTC/CS/SE/762 27th August, 2026 1. The Dy. Manager (Listing) 2. The Manager, Listing Department BSE Limited National Stock Exchange of India Limited Phiroze Jeejeebhoy Towers, Exchange Plaza, Bandra Kurla Complex Dalal Street, Mumbai 400 001. Bandra (E), Mumbai 400 051 (Scrip Code: 542597) (Scrip Code: MSTCL TD) Dear Sir/Madam, Sub: Disclosure under Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015- Imposition of fine by BSE and NSE for the quarter ended 30th June, 2026 Pursuant to Regulation 30 read with Para-A of Part-A of Schedule-Ill of the SEBI (LODR) Regulations, 2015, it is to inform that National Stock Exchange of India Limited (NSE) and BSE Limited (BSE) vide their e-mail dated 25th August, 2026 has levied fine of Rs. 5,36,900 (incl. GST) each for quarter ended 30th June, 2026_o n the Company for non-compliance pertaining to the composition of the Board, under Regulation 17(1) of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The Company has clarified to NSE & BSE that MSTC Limited is a Mini Ratna Category-I PSU under the administrative control of the Ministry of Steel, Government of India. The President of India vests with the power to appoint Directors (including Independent Directors) on the Board of MSTC Limited. All Directors in the company are appointed by the Government of India (GOI) through its Administrative Ministry i.e. Ministry of Steel (MOS) and MSTC Limited has no role to play in the appointment of any Director unless nominated by the Government of India. Further, it is also clarified that the aforesaid non-compliances were neither due to any negligence/default by the Company nor within the control of MSTC's management and continuous efforts were made to meet the compliance requirements. We have continuously followed up with the Ministry of Steel for appointment of independent directors. We would like to inform you that the BLA cell of administrative ministry vide their orders bearing no. 1/ 1 /2026-BLA dated 14th July, 2026 has nominated Shri Siraiong Singpho (DIN: 11835817) and Shri Niwas Manda I (DIN: 11837616) as Non-Official Independent Directors on the Board of MSTC Limited for a period of three years. The Board of Directors, thereafter appointed Shri Siraiong Singpho and Shri Niwas Manda! as Independent Directors on the Board of the Company w.e.f 18th July, 2026. After the appointment of aforesaid two Independent Directors, the company w.e.f 18th July, 2026 is fully complied with the provisions of Regulation 17 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 pertaining to Board Composition. The Stock Exchanges are requested to waive-off the above mentioned fine levied/applicable on the Company till date. www.mstcindia.co.in / www.mstcecommerce.com ~ ct,lllfotll : ~ ~- ~ 18/2 lWf ~- 175 ~ ~ 1 ~ ~c:1'3>--1 ch1clct,ldl 700156 'Q:61'. Regd. Office : Plot No. CF18/2, Street No. 175, Action Area 1C ,New Town, Kolkata-700156 W.B. MSTC LIMITED Continuation Sheet ...................... .. The fine levied by NSE & BSE has no impact on the financial, operation or other activities of the Company. This is for your information and records. Thanking you, Yours faithfully, For MSTC Limited (Ajay Kumar Rai) Company Secretary & Compliance Officer