Nature of Disclosure: Regulatory filing under SEBI Listing Regulations, Regulation 30, regarding board meeting decisions on director appointments and committee reconstitution.

Board Meeting Details: The Board of Directors meeting was held on September 05, 2026 and concluded at 07:00 P.M.

Key Decisions Approved:

Director Reappointments (Subject to AGM Approval)

  • Mr. Shashank Agarwal (DIN: 00316141): Reappointed as Managing Director for five years from December 10, 2026 to December 09, 2031.
  • Mr. Shalabh Agarwal (DIN: 00316155): Reappointed as Whole-time Director for five years from December 10, 2026 to December 09, 2031.
  • Ms. Tripti Gupta (DIN: 06938805): Reappointed as Whole-time Director for five years from December 10, 2026 to December 09, 2031.

New Director Appointments (Subject to AGM Approval)

  • Mr. Aashish Sharma (DIN: 11923058, Independent Director registration No: IDDB-NR-202609-100794): Appointed as Additional Non-Executive Independent Director for two years from September 05, 2026 to September 04, 2028, not liable to retire by rotation.
  • Ms. Nidhi Jain (DIN: 08697293, Independent Director registration No: IDDB-DI-202609-100796): Appointed as Additional Non-Executive Independent Director for two years from September 05, 2026 to September 04, 2028, not liable to retire by rotation.

Committee Reconstitution (Effective September 05, 2026)

  • Audit Committee: Mr. Jai Krishan Aggarwal (Chairperson, Independent), Mr. Aashish Sharma (Member, Independent), Mr. Rajesh Agrawal (Member, Independent), Mr. Shashank Agarwal (Member, Managing Director)
  • Nomination and Remuneration Committee: Mr. Aashish Sharma (Chairperson, Independent), Mrs. Nidhi Jain (Member, Independent), Mr. Rajesh Agrawal (Member, Independent), Mr. Jai Krishan Aggarwal (Member, Independent)
  • Stakeholders Relationship Committee: Mrs. Nidhi Jain (Chairperson, Independent), Ms. Tripti Gupta (Member, Whole-time Director), Mr. Shalabh Agarwal (Member, Whole-Time Director)
  • Risk Management Committee: Mr. Alok Kumar (Chairperson, Whole-time Director), Mr. Shashank Agarwal (Member, Managing Director), Mr. Aashish Sharma (Member, Independent Director)
  • Corporate Social Responsibility Committee: Ms. Tripti Gupta (Chairperson, Whole-time Director), Mr. Shashank Agarwal (Member, Managing Director), Mrs. Nidhi Jain (Member, Independent Director)

Cost Auditor Appointment

  • M/s. S. Shekhar & Co (FRN: 000452): Appointed as Cost Auditors for the financial year 2026-27.

Director Profiles and Relationships:

  • Shashank Agarwal: B.E. (Mechanical) from MIT, Manipal University. Extensive experience in engineering, steel manufacturing and fabrication. Former Larsen & Toubro Graduate Engineer Trainee. Co-founder of Salasar Techno Engineering Limited. Brother of Shalabh Agarwal.
  • Shalabh Agarwal: B.Tech from MIT, Manipal University. Over 28 years experience in trading, manufacturing and fabrication of iron and steel. Co-founder of Salasar Techno Engineering Limited. Brother of Shashank Agarwal.
  • Tripti Gupta: MBA in Finance and Marketing from IMT, Nagpur. Over a decade of experience in strategic management, business development, and corporate matters. Daughter of Mr. Alok Kumar, Whole Time Director of the Company.
  • Aashish Sharma: Bachelor's degree in Law from CCSU and MBA from ICFAI, Hyderabad. Over 26 years of professional experience in corporate leadership, sales and marketing, business development. Previously with Canon India (September 2008 to April 2026), currently with GI Ventures Pvt. Ltd. as Chief Revenue Officer & Consultant.
  • Nidhi Jain: Bachelor's Degree in Political Science from Delhi University, Shyam Lal College, and Diploma in Software Engineering from NIIT. Over 26 years of experience in learning and development, leadership development. Founder of Apex Learning Solutions. Previously with GMR Airports Ltd., American Express, ICICI Prudential Life Insurance, Tata AIG Life Insurance, and DLF Pramerica Life Insurance.

Regulatory Compliance: All directors confirmed not debarred from holding office by virtue of any SEBI or other authority order.

Approval Requirements: All director appointments and reappointments are subject to approval of members at the ensuing 25th Annual General Meeting of the Company.

Filing Reference: Made pursuant to Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 read with SEBI Circular No. SEBI/HO/CFD/PoD2/CIR/P/0155 dated November 11, 2024 (updated on January 30, 2026).