Board Approval

Board of Directors approved the vendor changes at its meeting held on Thursday, November 04, 2026.

Vendor Change Details

Machinery No. 1, 2 and 3

  • Object of IPO: Object No. 1 - Purchase of new machineries
  • Existing Vendor: Angel Extrusion Pvt. Ltd.
  • New Vendor: Bajrang Extrusion Machinary
  • Machinery Changed:
  • Machinery No. 1: 700 Ton Aluminium Extrusion Press, Handling Table Auto Single Puller, Strecher, Cutter, Quienching Tank, Automatic Gauge Table, Hot Top Casting Table, Multilog Heater, Hot Log Shear, Die Oven
  • Machinery No. 2: 1450 Ton Aluminium Extrusion Press, Handling Table, Auto Single Puller, Strecher, Cutter, Quienching Tank, Automatic Gauge Table, Hot Top Casting Table, Multilog Heater, Hot Log Shear, Die Oven, Aging Oven, Furnace 6 Ton
  • Machinery No. 3: Aluminium Extrusion Dies

Machinery No. 5

  • Object of IPO: Object No. 1 - Purchase of new machineries
  • Existing Vendor: Opel Electrical Co.
  • New Vendor: Electro control systems india Pvt. Ltd.
  • Machinery Changed: Machinery No. 5: 800 KVA 11/0.433 KV on Load distribution transformer copper winding with standard fitting and accessories with first filling of oil, CG Make 11 KV 800 AMP for 26.3 KA/2 Sec. VCB Switchboard Panel, Supply and installation of double pole structure by 63 guarder and 31.5 channel support including 400 amp GOAB switch 11 kv la set 3 nos of copper Earthing for DP structure, Fixing Indoor/Outdoor Termination Kit for Cable, Bor type chemical 80 MM G.I. Earthing Road with 50x6x2 MTR G.I Patti with 50 kg chemical bag Complete installation, Copper strip 25*3 mm, 95 SQ mm HT xlpe cable RR Make, Cable lying and fitting up CTPT to transformer incoming only

Machinery No. 6

  • Object of IPO: Object No. 1 - Purchase of new machineries
  • Existing Vendor: Innomach Engineering Private Limited
  • New Vendor: Icon Enterprise
  • Machinery Changed: Machinery No. 6: IE-4R Rebar Machine, Bent Machine 1500*2100 mm

Reason for Change

For all machinery changes, the company conducted comprehensive technical and commercial evaluation to optimize the procurement process. The alternate vendors offer enhanced technical capabilities and improved delivery schedules while ensuring specifications, quality, capacity and project requirements remain unchanged.

Financial Impact

  • Cost of Machinery: No change for all machinery items
  • Impact on IPO Proceeds Utilization: No change in the object of the issue or proposed utilization of proceeds
  • Project Timeline Impact: No material impact

Company Confirmations

The company confirms that:

1. The change is restricted only to the vendor for procurement of certain machineries and does not alter the scope of the project

2. The procurement price of the machinery remains unchanged

3. The objects of the Issue, as stated in the Prospectus, remain unchanged

4. The IPO proceeds shall continue to be utilized for the same object and purpose as disclosed in the Prospectus

5. The specifications and intended capacity of the machinery proposed to be procured from the new vendor are substantially similar to those originally proposed

6. There is no material adverse impact on the implementation of the project due to the partial change in vendor