The promoter and promoter group of S.A.L Steel Ltd have confirmed that they have not created any encumbrance on shares, directly or indirectly, as of March 31, 2026. This disclosure was submitted to the company's Audit Committee in compliance with Regulation 31(4) of the SEBI (Substantial Acquisition of Shares and Takeover) Regulations, 2011. The confirmation excludes any encumbrances that were already disclosed by the promoters during the financial year 2025-26.

The declaration was made on behalf of the Promoter and Promoter Group and for Sree Metaliks Limited. The document was signed by Mahesh Kumar Agarwal, Chairman & Managing Director, bearing DIN 00168517. Copies of the disclosure were forwarded to the Bombay Stock Exchange Ltd. and the National Stock Exchange of India Ltd. for their records.

Key Details of the Disclosure

The filing confirms that the shareholding structure remains free of undisclosed liens or charges as of the specified date.

SAL Steel Ltd has appointed Anil Kumar Singh as its Chief Financial Officer (CFO) effective July 01, 2026, strengthening its senior leadership with a veteran executive possessing over three decades of experience. The Board of Directors approved the appointment during a meeting held on July 01, 2026, following recommendations from the Nomination and Remuneration Committee and the Audit Committee. This strategic move aims to bolster the company's financial governance as it continues operations in the steel sector.

The appointment complies with Regulation 30 of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015, and Section 203 of the Companies Act, 2013. Singh assumes the role of Key Managerial Personnel (KMP) immediately, succeeding the previous executive structure. The company disclosed that Singh is not related to any Director or Key Managerial Personnel of the company, ensuring adherence to corporate governance norms.

Anil Kumar Singh is a qualified Cost and Works Accountant (ICWA) and a B.Com graduate. His career spans over 35 years, with significant leadership roles including President of Sree Metaliks Limited and Chief Operating Officer (COO) of Tembo Steels (U) Limited in Uganda, Africa. His expertise covers technical operations such as Steel Melting Shops and Continuous Casting Machines, alongside strategic financial governance, procurement, and logistics.

The Board meeting commenced at 13:00 hrs and concluded at 14:00 hrs on July 01, 2026. The detailed disclosure regarding the appointment was submitted to the stock exchanges as per regulatory requirements. Devilal J. Shah, Company Secretary and Compliance Officer, signed the disclosure on behalf of SAL Steel Limited.

Key Details of Appointment