Please find enclosed Notice of 52nd Annual General Meeting to be held on Saturday, the 26th September, 2026. Please take the same on your record.

Ref: MSL/SECT/BSE Date: 31st August, 2026 M/s. BSE Limited Phiroze Jeejeebhoy Towers Dalal Street Mumbai-400001 Subject: Intimation of 52nd Annual General Meeting (AGM) Dear Sir, Pursuant to relevant Regulation of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, please find enclosed herewith Notice of the 52nd Annual General Meeting of the Company to be held on Saturday, the 26th September, 2026. The schedule of the events is set as below: Event Date Relevant/Cut-off date to vote on AGM 19th September, 2026 resolution Commencement of e-voting 23rd September, 2026 (9:00 AM) End of e-voting 25th September, 2026 (5:00 PM) Annual General Meeting 26th September, 2026 (02:00 PM) Please take the above on your record. Thanking you Yours truly, For MODERN STEELS LIMITED COMPANY SECRETARY NOTICE OF 52ND ANNUAL GENERAL MEETING NOTICE Notice is hereby given that the 52nd Annual General Meeting Managing Director of the Company, liable to retire by of the members of Modern Steels Limited will be held on rotation, from conclusion of this Annual General Meeting Saturday, the 26th September, 2026 at 02:00 p.m. through till the conclusion of Annual General Meeting to be held Video Conferencing / Other Audio Visual Means to transact in year 2031, on the terms and conditions including the following business: remuneration as set out in the Statement annexed to the Notice convening this Meeting and as approved ORDINARY BUSINESS: by the Nomination & Remuneration Committee, with 1. To consider and adopt the Audited Financial liberty to the Board of Directors (hereinafter referred to Statements of the Company for the Financial Year as “the Board” which term shall be deemed to include ended 31st March, 2026 together with the reports of Nomination & Remuneration Committee of the Board) the Directors’ and Auditors’ thereon. to alter and vary the terms and conditions of the said 2. To appoint a Director in place of Mr. Krishan Kumar appointment and remuneration as it may deem fit and Goyal (DIN: 00482035), who retires by rotation at this as may be acceptable to Mr. Krishan Kumar Goyal, Annual General Meeting and being eligible has offered subject to the same not exceeding the limits specified himself for re-appointment. under Schedule V to the Companies Act, 2013 or any 3. To appoint Statutory Auditor and fix their remuneration statutory modification(s) or re-enactment thereof; and in this regard to consider and if thought fit, to pass, RESOLVED FURTHER THAT any Director and/or with or without modification(s), the following resolution the Company Secretary or Authorised Signatory of as an Ordinary Resolution: the company be and are hereby authorised to do all “RESOLVED THAT pursuant to provisions of Section acts including filings and take all such steps as may 139 of the Companies Act, 2013 and other applicable be necessary, proper or expedient to give effect to this provisions of the Act, if any and the rules framed resolution.” thereunder, as amended from time to time, M/s 5. Appointment of Dr. Surinder Kumar (DIN: 11032078) as Sanjeev Sharma & Associates, Chartered Accountants a Non-Executive Independent Director of the Company (Registration No.12326N), be and are hereby appointed and in this regard to consider and if thought fit, to pass, as Statutory Auditors of the Company for a period of one with or without modification(s), the following resolution year, to hold office from the conclusion of this Annual as a Special Resolution: General Meeting till the conclusion of the Annual General “RESOLVED THAT pursuant to the provisions Meeting to be held in the year 2027 at a remuneration of Sections 149 and 152 read with Schedule IV comprises of Rs. 2,00,000/- (Rupees Two Lakhs only) and other applicable provisions, if any, of the as Statutory Audit Fee and Rs. 50,000/- (Fifty Thousand Companies Act, 2013 (“the Act”) and the Companies only) for Tax Audit Fee and GST Returns, total amounting (Appointment and Qualification of Directors) Rules, to Rs. 2,50,000/- per annum (Two Lakh Fifty Thousand 2014 (including any statutory modification(s) or re- only). enactment(s) thereof, for the time being in force) RESOLVED FURTHER THAT the Board of Directors and the applicable provisions of the Securities and or Company Secretary or Authorised Signatory of the Exchange Board of India (Listing Obligations and Company be and is hereby authorized for and on behalf Disclosure Requirements) Regulations, 2015 (“Listing of the Company to take all necessary steps and to do all Regulations”) (including any statutory modification(s) such acts, deeds, matters and things which may deem or re-enactment(s) thereof, for the time being in necessary in this behalf.” force), Dr. Surinder Kumar (DIN: 11032078), who was appointed as a Non-Executive Independent Director SPECIAL BUSINESS: (Additional Director) of the Company by the Board of 4. To re-appoint Mr. Krishan Kumar Goyal (DIN: 00482035) Directors with effect from 11th August, 2026 pursuant to as Chairman & Managing Director of the Company and the provisions of Section 149(6)and 161(1) and other in this regard to consider and if thought fit, to pass, with applicable provisions of the Companies Act, 2013 or without modification(s), the following resolution as a and who has submitted a declaration that he meets Special Resolution: the criteria for independence as provided in Section “RESOLVED THAT in accordance with the provisions 149(6) of the Act, be and is hereby appointed as an of Sections 196, 197, 200 and 203 read with Schedule Independent Director of the Company to hold office for V and all other applicable provisions of the Companies Five (5) Consecutive Years till the conclusion of AGM Act, 2013 and the Companies (Appointment and to be held in the year 2031. Remuneration of Managerial Personnel) Rules, 2014 RESOLVED FURTHER THAT any Director and/or the (including any statutory modification(s) or re-enactment Company Secretary or Authorised Signatory of the thereof for the time being in force), and subject to such Company be and are hereby authorized to do all acts, other approvals as may be required, approval of the deeds and things including filings and take steps as may members be and is hereby accorded to re-appoint Mr. be deemed necessary, proper or expedient to give effect Krishan Kumar Goyal (DIN: 00482035) as Chairman & to this Resolution and matters incidental thereto”. MODERN STEELS LIMITED 6. To re-appoint Prof. Anupama Sharma (DIN: 10306038) the 52nd Annual General Meeting (AGM) under Item as a Non-Executive Independent Director for a second No. 3 to 6 of the Notice, is annexed hereto. term and in this regard to consider and if thought fit, 2. Pursuant to the General Circular No. 03/2025 dated 22nd to pass, with or without modification(s), the following September 2025 and General Circular No. 09/2024 resolution as a Special Resolution: dated September 19, 2024, issued by the Ministry of “RESOLVED THAT pursuant to the provisions of Corporate Af-fairs (MCA) and circular issued by SEBI Sections 149 and 152 read with Schedule IV and other vide circular no. SEBI/ HO/ CFD/ CFDPoD-2/ P/ CIR/ applicable provisions, if any, of the Companies Act, 2024/ 133 dated October 3, 2024 (“SEBI Circular”) 2013 (“the Act”) and the Companies (Appointment and and other applicable circulars and notifications issued Qualification of Directors) Rules, 2014 (including any (including any statutory modifications or re-enactment statutory modification(s) or re-enactment(s) thereof, for thereof for the time being in force and as amended the time being in force) and the applicable provisions from time to time, companies are allowed to hold AGM of the Securities and Exchange Board of India (Listing through Video Conferencing (VC) or other audio Obligations and Disclosure Requirements) Regulations, visual means (OAVM), without the physical presence 2015 (“Listing Regulations”) (including any statutory of members at a common venue. In complian [Showing first 8,000 characters — download PDF for full document]