Summary of Key Information:

Nature of Filing / Announcement: Outcome of Board Meeting - Other

Key Financial Highlights:

Not Specified

Corporate Actions:

Related Party Transactions:

1. Enhanced limit for Material Related Party Transactions with Maithan Ferrous Private Limited (subsidiary) during Financial Year 2026-2027 from ₹600.00 Crore to ₹800.00 Crore aggregate amount. Subject to shareholder approval.

2. Limit for Material Related Party Transactions with Maithan Ferrous Private Limited (subsidiary) set at ₹500.00 Crore aggregate amount during period April - September 2027. Subject to shareholder approval.

Committee Composition Changes (effective August 13, 2026):

  • Audit Committee: Mrs. Sonal Choubey, Director (Non-Executive, Independent) inducted as Member
  • Corporate Social Responsibility Committee: Dr. Ridhi Agarwala, Additional Director (Non-Executive, Independent) inducted as Member
  • Nomination and Remuneration Committee: Mr. Chandra Prakash Kakarania, Additional Director (Non-Executive, Independent) inducted as Member
  • Stakeholders Relationship Committee: Mr. Chandra Prakash Kakarania, Additional Director (Non-Executive, Independent) inducted as Member
  • Risk Management Committee: Mr. Naresh Kumar Jain, Director (Non-Executive, Independent) inducted as Member

Resignation:

Mrs. Sonal Choubey resigned as Member of Stakeholders Relationship Committee effective August 14, 2025

Revised Committee Compositions:

Corporate Social Responsibility Committee:
  • Mr. Subodh Agarwalla - Member
  • Mr. P.K. Venkatramani - Member
  • Mrs. Sonal Choubey - Member
  • Mr. Subhas Chandra Agarwalla - Chairman
Nomination and Remuneration Committee:
  • Mr. Naresh Kumar Jain - Chairman
  • Mr. P.K. Venkatramani - Member
  • Mr. Chandra Prakash Kakarania - Member
  • Mrs. Sonal Choubey - Member
Stakeholders Relationship Committee:
  • Mr. Aayush Khetarvat - Chairman
  • Mr. Subhas Chandra Agarwalla - Member
  • Mr. Chandra Prakash Kakarania - Member
  • Mrs. Sonal Choubey - Member (* shall cease to be committee member w.e.f August 14, 2026)
Risk Management Committee:
  • Mr. Subhas Chandra Agarwalla - Chairman
  • Mr. Naresh Kumar Jain - Member
  • Mr. P.K. Venkatramani - Member
  • Mr. Pramoti Kumar Chaudhary - Member

Other Significant Information:

Not Specified