This is a corrigendum letter issued to the stock exchanges (BSE Limited and National Stock Exchange of India Limited) correcting a typographical error in a previous disclosure.

The company's previous letter No. SMIORE / SEC / 2026-27 / 57 dated 3 November 2026 contained an error in the Director Identification Number (DIN) of G. P. Kundargi. The incorrect DIN '08378473' has been corrected to '02256516'.

Board Meeting Details: The Board of Directors appointed G. P. Kundargi (DIN: 02256516) as an Additional Director in the category of Non-Executive Director at its 388th meeting held on Tuesday, 3 November 2026. The meeting commenced at 12:30 P.M. and concluded at 5:00 P.M.

Appointment Details: The appointment is effective from 12 November 2026. Mr. Kundargi is liable to retire by rotation. The appointment is based on the recommendation of the Nomination and Remuneration Committee and is subject to shareholders' approval through a Postal Ballot.

Director Eligibility: G. P. Kundargi is not debarred from holding the office of a Director by virtue of any SEBI order or any other authority.

Director Profile: G. P. Kundargi brings extensive technical and leadership experience in the mining and metals sector. He holds a B.Sc. in Chemistry from Karnataka University and an M. Tech in Mineral Processing. He has proficiency in opencast and underground mining operations, mineral processing, and beneficiation. He previously served as Chairman and Managing Director of MOIL Limited (formerly Manganese Ore India Limited). He currently serves on the Board of Nava Limited, Royal Sandur Metals Private Limited (formerly Arjas Steel Private Limited), Hira Electro Smelters Limited, and Royal Sandur Hospitality Private Limited.

Rationale for Appointment: The appointment was made considering Mr. Kundargi's rich experience in the mining and metals industry, with the expectation that his continued association would be beneficial to the company.

Regulatory Compliance: The disclosure is made pursuant to Regulation 30 read with Schedule III of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 and amendments thereto, and includes additional information as required under SEBI Circular No. HO/49/14/14(7)2025-CFD-POD2/I/3762/2026 dated 30 January 2026.

Relationships: There are no disclosed relationships between directors in relation to this appointment.