Regulation 44 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015

Steel City Securities Limited

Meeting Details

The 32nd Annual General Meeting was held on Wednesday, June 24, 2026, commencing at 11:45 A.M. The meeting took place at the Registered Office of the Company situated at "Steel City Heights", #50-81-18, Main Road, Seethammapeta, Visakhapatnam - 530016, Andhra Pradesh.

Meeting Proceedings

The meeting was chaired by Sri. K. Satyanarayana, Executive Chairman of the Company. The requisite quorum was present. The Chairman introduced the Directors, Chief Financial Officer, Company Secretary, Statutory Auditors, and Scrutinizer present at the meeting.

The Notice convening the AGM, the Directors' Report, Auditors' Report, and the Financial Statements for the Financial Year ended March 31, 2026 were taken as read with the consent of the Members present.

The Chairman delivered a speech highlighting the Company's performance during Financial Year 2025-26 and its future outlook.

Voting Process

The Company provided remote e-voting facility to Members from 9:00 A.M. on June 21, 2026, till 5:00 P.M. on June 23, 2026, pursuant to Section 108 of the Companies Act, 2013 and Regulation 44 of the SEBI (LODR) Regulations, 2015. Members who had not cast their votes through remote e-voting were provided the facility to vote at the AGM.

Sri. Surendra Kuchipudi, Practicing Company Secretary (CP No.12732), Partner of ASN Associates, was appointed as the Scrutinizer to scrutinize the remote e-voting process and voting conducted at the AGM in a fair and transparent manner.

The Chairman informed Members that the consolidated voting results along with the Scrutinizer's Report would be declared within 48 hours from the conclusion of the AGM and would be submitted to the National Stock Exchange of India Limited and uploaded on the Company's website and the e-voting agency's website.

Business Transacted

Ordinary Business

1. Adoption of Audited Standalone and Consolidated Financial Statements of the Company for the Financial Year ended March 31, 2026 together with the Reports of the Board of Directors and Auditors thereon.

2. Confirmation of 1st, 2nd and 3rd Interim Dividends and declaration of Final Dividend @ 10% i.e., Re.1/- per Equity Share for the Financial Year 2025-26.

3. Re-appointment of Smt. G. V. Vandana (DIN: 07548398) as Director, who retires by rotation and offered herself for re-appointment.

4. Taking note of the change in the constitution of the Statutory Auditors from M/s. Rao & Kumar, Chartered Accountants, to M/s. Rao & Kumar LLP, Chartered Accountants and ratification of their appointment as Statutory Auditors for the Financial Year 2026-27.

Special Business

5. Appointment of Sri. Nunna Satya Kumar (DIN: 11697244) as an Independent Director of the Company for a period of Five (5) years.

Member Interaction

Members were invited to seek clarifications on the Financial Statements and businesses set out in the Notice. Queries raised by Members were replied to by the Chairman and management.

Meeting Conclusion

The meeting concluded at 1:15 P.M. with a vote of thanks to the Chair.

Compliance and Signatories

The document confirms compliance with SEBI (LODR) Regulations, 2015. The proceedings are signed by M. Srividya, Company Secretary & Chief Compliance Officer (Membership No.: A41129) on behalf of Steel City Securities Limited.