Shareholders of Kalyani Steels Limited have approved the appointment of Ms. Vartika Shukla as an Independent Director, passing a special resolution with near-unanimous support. The decision strengthens the company’s board composition following a remote e-voting exercise that concluded on August 1, 2026. This governance move ensures continuity in independent oversight for the Pune-based steel manufacturer, with Ms. Shukla set to serve a five-year term from June 24, 2026, to June 23, 2031.

The postal ballot was conducted in compliance with Regulation 44 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, and relevant provisions of the Companies Act, 2013. M/s. SVD & Associates, Company Secretaries, appointed Mr. Sridhar Mudaliar as the scrutinizer to oversee the e-voting process. The voting period commenced on July 3, 2026, at 9:00 a.m. IST and ended on August 1, 2026, at 5:00 p.m. IST. Ms. Shukla holds DIN 08777885 and IDDB Registration No. IDDB-DI-202606-093493.

Voting Results Breakdown

A total of 44,665 shareholders were on record as of June 26, 2026. Of these, 256 members cast valid votes, representing 34,413,325 shares out of 43,653,060 outstanding shares eligible for voting. The participation rate stood at 78.83%.

Additionally, 5,000 votes were declared invalid due to statutory provisions or lack of authority. No members abstained from voting.

Governance Compliance

The scrutinizer’s report confirms adherence to Secretarial Standard - 2 (SS-2) issued by the Institute of Company Secretaries of India and SEBI Master Circular No. HO/49/14/14(7)2025-CFD-POD2/I/3762/2026 dated January 30, 2026. Notices were dispatched via email on June 30, 2026, to members with registered email addresses, while an advertisement published on July 1, 2026, provided alternative access for others. The e-voting facility was provided by National Securities Depository Limited (NSDL).

Kalyani Steels Limited will hold its 53rd Annual General Meeting (AGM) on Thursday, August 27, 2026, at 11:00 a.m. (I.S.T.) via video conferencing or other audio-visual means (OAVM). The meeting aims to transact business as outlined in the notice convening the AGM, in compliance with the Companies Act, 2013, SEBI Listing Regulations, and recent circulars from the Ministry of Corporate Affairs and the Securities and Exchange Board of India. This virtual format ensures broader shareholder participation while adhering to regulatory guidelines issued in September 2025 and January 2026.

The company dispatched the AGM notice and the Annual Report for Financial Year 2025-26 (FY25-26) to members via email on July 29, 2026. For shareholders who have not registered their email addresses with the company, Registrar and Transfer Agent (RTA), or Depository Participants, physical letters containing web-links to access these documents are being sent by post. The documents are also available for download on the company’s website, as well as on the platforms of BSE Limited, National Stock Exchange of India Limited, and National Securities Depository Limited.

E-Voting Process and Timeline

Shareholders holding shares in physical or demat form as of the cut-off date of Thursday, August 20, 2026, are eligible to cast their votes electronically. The remote e-voting process will be facilitated through the NSDL e-voting platform. Members can vote on all businesses set out in the AGM notice during the specified window.

The remote e-voting facility will not be available after 5:00 p.m. (I.S.T.) on Wednesday, August 26, 2026. Only individuals whose names appear in the register of members or the register of beneficial owners maintained by depositories as of the cut-off date are entitled to vote.

Participation Guidelines

Shareholders who have already cast their votes via remote e-voting may attend or participate in the AGM through the VC/OAVM facility but cannot vote again. Those attending the meeting virtually who have not voted remotely remain eligible to vote during the AGM using the e-voting system. Detailed instructions for accessing the meeting and casting votes are included in the AGM notice.

New members who acquired shares after the dispatch of the AGM notice but hold shares as of the cut-off date can obtain their User ID and Password by emailing e-voting@nsdl.co.in . Existing NSDL e-voting users may use their current credentials. For further assistance regarding e-voting or VC/OAVM attendance, shareholders may refer to the FAQs and user manual on the NSDL website or contact Umesh Sharma of MUFG Intime India Private Limited, the Registrar and Transfer Agent.

Regulatory Compliance

The AGM is being conducted in accordance with Section 108 of the Companies Act, 2013, Rule 20 of the Companies (Management and Administration) Rules, 2014, and Regulation 44 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The company also complied with Regulation 30 read with Regulation 47 of the SEBI LODR Regulations by publishing newspaper advertisements in Business Standard (English) and Loksatta (Marathi) on July 30, 2026.