[Company Name]

Bajaj Steel Industries Limited

Meeting Details

The 65th AGM of Bajaj Steel Industries Limited was convened and held on Wednesday, September 23, 2026, through physical mode. The meeting commenced at 04:00 PM IST and concluded at 04:30 PM IST at Udyam Hall, Udyog Bhawan, Civil Lines, Nagpur - 440 001, Maharashtra.

Attendance

Directors Present:

  • Shri Rohit Bajaj - Chairman & Managing Director (Physical attendance)
  • Shri Rohit Bajaj - Whole Time Director & CEO (Physical attendance) [Note: Name appears twice in different roles]
  • Dr. M K Sharma - Director (Physical attendance)
  • Shri Lav Bajaj - Executive Director (Mode of attendance not specified in table)
  • Shri Deepak Batra - Non-Executive Director & Chairman of Stakeholder Relationship Committee (Physical attendance)
  • Shri Pankaj Agrawal - Independent Director & Chairman of Audit Committee (Physical attendance)
  • Shri Rakesh Khator - Independent Director & Chairman of Nomination & Remuneration Committee (Physical attendance)

Company Secretary Shri Rachit Jain and Chief Financial Officer were also present, along with representatives of Statutory Auditors.

Voting Procedures

Remote e-voting facility was available for 3 days from September 20, 2026 (9:00 AM) to September 22, 2026 (5:00 PM) for all resolutions set out in the AGM notice. The cut-off date for determining members eligible to vote was September 16, 2026. Members who did not vote electronically were given opportunity to cast votes at the AGM using ballot paper.

Mr. Siddharth Sipani, proprietor of M/s Siddharth Sipani & Associates, practicing company secretaries, Nagpur, was appointed as independent scrutinizer for scrutinizing both remote e-voting and polling process.

Business Transacted

Ordinary Business:

1. Adoption of:

(a) Audited standalone financial statements for FY ended March 31, 2026, together with reports of Board of Directors and Auditors

(b) Audited consolidated financial statements for FY ended March 31, 2026, together with reports of Auditors

2. Declaration of final dividend of ₹1 (Rupees One Only) per equity share for financial year ended March 31, 2026

3. Re-appointment of Shri Deepak Batra (DIN: 02979363) who retires by rotation as a director

Special Business:

4. Ratification of remuneration payable to cost auditor

Documentation

The Notice of AGM along with Annual Report had been sent to members on their registered email addresses. For shareholders without registered email addresses, the company sent letters providing a direct web link to access the Annual Report 2025-26.

The Register of Directors & KMPs, Register of contracts & Arrangements in which Directors are interested, Register of charges and other documents referred to in the Notice of AGM were made available for inspection by members.

Member Interaction

Members were given opportunity to ask questions/queries on the company's accounts and items of business. The Chairman & Managing Director and Whole Time Director & CEO responded to questions and provided clarifications.

Voting Results

The results of voting (remote e-voting and venue voting) along with scrutinizer's report were to be announced within 2 working days from conclusion of AGM and made available on the company's website and stock exchanges.