General Updates

ORE TO METAL Certified SMEL/SE/2026-27/68 315 August, 202 6 rerEE The Secretary, The Manager - Listing Department R Listing Department, BSE Limited National Stock Exchange of India Limited Phiroze Jeejeebhoy Towers, “Exchange Plaza”, 5th Floor, Plot No. C/1, Dalal Street, Mumbai 400 001 G-Block, Bandra-Kurla Complex, Bandra (East), Mabharashtra, India Mumbai 400 051, Maharashtra, India Scrip Code: 543299 Symbol: SHYAMMETL Dear Sir/Madam, Sub: | Intimation of Vesting of Employee Stock Options under "SMEL Employee Stock Incentive Plan — 2023” (ESIP — 2023) Pursuant to Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 (‘SEBI Listing Regulations’), we wish to inform that consequent upon the completion of the first year from the date of Grant and pursuant to the SMEL Employee Stock ) Incentive Options to (ESIP-2023) sub-plan SMEL Performance ESOP Scheme (ESOP-2023), 20% of the Stock options granted to 5 Eligible employees on August 29, 2026 as per the vesting schedule are now available for exercise. Please find attached the disclosure under Regulation 30 of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015 read with SEBI Master Circular No. HO/49/14/14(7)2025-CFD-POD2/1/3762/2026 dated January 30, 2026. The same is also being uploaded on the Company's website at www.shyammetalics.com Thanking You, Encl: as above OUR BRANDS: SiTIcER Siricer SiticEr SimicER SricErron o [s el [s]ElL g fs el BEm SHYAM METALICS AND ENERGY LIMITED Regd. Office: P-19, (Plate No.: D-403), Taratala Road, CPT Colony, Kolkata, West Bengal - 700088 CIN: L40101TWB2002PLC095491 GSTIN: 19AAHCS5842A1ZE T: 491 33 6521 6521 Email: contact@shyamgroup.com Web: www.shyammetalics.com Follow us on: @@®@® ORE TO METAL Disclosure under Regulation 30 of the Securities and Exchange Board of India (Listing Obligati F£)2026-FEB 2027 and Disclosure Requirements) Regulations, 2015 INDIA Sl. No. | Particulars Details 1 Brief details of options granted 1,04,500 Options granted to 5 Eligible Employees under "SMEL Employee Stock Incentive Plan - 2023" (“ESIP-2023") Sub-plan SMEL Performance ESOP Scheme (“ESOP - 2023”). 2 Whether the scheme is in terms of the Securities and Exchange Board of India (Share Based Employee Benefits and | Yes Sweat Equity) Regulations, 2021 ('SBEB & SE Regulations'), if applicable 3 Total number of shares covered by these | Each stock option is convertible into one fully paid-up options equity share having face value of X10 each. 1,04,500 equity shares of face value of X10 each are covered by stock options granted. 4 Pricing Formula The said Options are being granted at X 679.43) (Rupees Six Hundred Seventy Nine and Forty Three Paise Only), i.e. at 25% discount on the market price. The market price is the latest available closing price on the National Stock Exchange of India Limited, being the stock exchange, which recorded the highest trading volume in the equity shares of the Company on August 28, 2025, being the previous trading day immediately preceding the date on which the Grant of Options was approved. 5 Time within which option may be | The Options granted may be exercised by the exercised Grantee, either in whole or in part, within a maximum period of 1 (One) Year from the date of respective vesting, during the exercise window(s) as may be notified to the Grantee from time to time, by submittitnhge duly completed exercise application in the format prescribed, along with the applicable exercise price, taxes, and other charges, if any. 6 Brief details of significant terms e The ESOP Scheme is administered via ESOP Trust| which is authorized to purchase the shares from the secondary market for facilitating the ESOP exercises. e The grant of Options is based upon the eligibility criteria as determined by the NRC Committee. e The granted Options, once vested shall entitle the OUR BRANDS: Option holder to acquire equal number of Equity of _exercise price and SLTIGER 3 550D TMT RE-BAR STAINLESS STEEL SHYAM METALICS AND ENERGY LIMITED Regd. Office: P-19, (Plate No.: D-403), Taratala Road, CPT Colony, Kolkata, West Bengal - 700088 CIN: L40101WB2002PLC095491 GSTIN: 19AAHCS5842A1ZE T:491 33 6521 6521 Email: contact@shyamgroup.com Web: www.shyammetalics.com Follow us on: @@®® ORE TO METAL Certified applicable taxes in accordance with terjErauGEa conditions of the Scheme. 08 o The equity shares allotted, pursuant to the exercise of the Stock Options, would not be subject to lock-in. Options shall vest in the following manner: Date of Vesting Vesting Percentage On first anniversary | 20% of the total Eligible of the grant date Options shall vest On second 23% of the total Eligible anniversary of the Options shall vest grant date On third anniversary | 23% of the total Eligible of the grant date Options shall vest On Fourth 34% of the total Eligible anniversary of the Options shall vest grant date | 7 Options Vested 20,900 Options Vested with effect from 29t August, 2026 8 Options Exercised Nil ’ 9 Money realized by exercise of Options Not Applicable 10 | The Total number of shares arising as a | Not Applicable result of exercise of Option 11 | Options Lapsed Not Applicable 12 Variation in Terms of Options Not Applicable 13 Subsequent changes or cancellation or | Not Applicable exercise of such options 14 | Subsequent changes or cancellation or | Not Applicable exercise of such options 15 Diluted earnings per share pursuant to | Not Applicable issue of equity shares on exercise of Options Kindly take the same on record and oblige. Bio Mo r133399, 0 tempership-No-+13326 SLTICER SLTIGER SLTICER NiTIGER SiicERroi & BEE § HEE [sTel g som HEE SHYAM METALICS AND ENERGY LIMITED Regd. Office: P-19, (Plate No.: D-403), Taratala Road, CPT Colony, Kolkata, West Bengal - 700088 CIN: L40101WB2002PLC095491 GSTIN: 19AAHCS5842A1ZE T: 491 33 6521 6521 Email: contact@shyamgroup.com Web: www.shyammetalics.com Follow us on: ®@®®