Aditya Ispat Ltd. — Board/Management Information 2026

Mar 30, 2026

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March 30, 2026

To The Secretary Dept. of Corporate Services The Bombay Stock Exchange Ltd P.J. Towers, Dalal Street MUMBAI – 400 001

Ref: Scrip Code 513513

Sub: Outcome of the Board Meeting of the Company held on 30.03.2026

Dear Sir / Madam ,

Pursuant to Regulations 7 and 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 (“SEBI Listing Regulations”), we wish to inform you that the Board of Directors of the Company (“ Board ”), at its meeting held on today i.e. Monday, 30[th] March, 2026 at the Registered Office of the Company situated at Plot No. 20, Phase V, IDA, Jeedimetla, Hyderabad 500055, has inter-alia, transacted the following businesses:

1. This is in continuation to our letter dated 23.02.2026 and pursuant to the resolutions approved by the shareholders of the Company through Postal Ballot on 29[th] March, 2026, the Board has approved the Business Transfer Agreement (“BTA”) for the Slump sale of the business of manufacturing and trading activity of Non-alloy steel of the Company on a going concern basis to Jai Bapji Ispat Private Limited, being a related party (Promoter Group Company) effective from 01.03.2026 at a lump sum consideration of INR 3,67,63,000/(Rupees Three Crores Sixty seven lakhs and Sixty Three Thousand) which will be subject to further adjustments of net working capital up to 28.02.2026 and the expected closing date of BTA will be on or before 30.06.2026.

Further, the Board has authorised Mr. Aditya Chachan, Managing Director to execute the BTA without values being assigned to individual assets and liabilities as contemplated under the Income Tax Act, 1961, on such other terms and conditions as contained in the BTA and subject to such other approvals/ consents as may be necessary from the regulatory/statutory authorities and subject to further conditions that may be imposed by any person or authority while granting such approvals and the completion of the proposed transaction is subject to fulfilment of conditions precedent as mentioned in the BTA.

The detailed terms and conditions of the BTA will be intimated to Stock Exchange in due course upon execution of the same.

1. The Board has approved the appointment of M/s. Elevate Fintech Private Limited (‘‘Elevate’’) bearing SEBI registration No: INR000004431 as Registrar and Share Transfer Agent (RTA) of the Company in place of the existing RTA i.e. M/s. XL Softech Systems Limited (‘XL’) with an endeavour to further provide the best service(s) and experience to its valued shareholders and in the best interest of the Company and its shareholders.

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The XL will continue to render RTA services to the Company and its shareholders till the electronic connectivity is shifted to Elevate and the confirmation to this effect is received from both the Depositories i.e. NSDL and CDSL. The requisite Tripartite Agreement(s) will be executed by and between (i) the Company, Elevate and the Depositories and (ii) between the Company, the XL (existing RTA) and the Elevate (New RTA) and the effective date of change of RTA will be intimated to the Stock Exchange(s) in due course upon execution of the above agreements.

The detail(s) as required under Regulation 30 and Schedule III of the SEBI Listing Regulations read with SEBI Circular No. HO/49/14/14(7)2025-CFD-POD2/I/3762/2026 dated January 30, 2026 is enclosed herewith as “ Annexure A ”.

The Board meeting commenced at 19:30 Hrs. and concluded at 20:25 Hrs.

Kindly take the same on your records.

Thanking you.

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Yours faithfully,

For ADITYA ISPAT LIMITED

Varsha Digitally signed by Varsha Pandey Date: 2026.03.30 20:30:58 Pandey +05'30'

CS VARSHA PANDEY Company Secretary Cum Compliance Officer M.NO.: A72878

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Annexure-A

Required disclosure pursuant to Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 read with SEBI Circular No. HO/49/14/14(7)2025-CFD-POD2/I/3762/2026 dated January 30, 2026

Sl. No. Particulars Details	Sl. No. Particulars Details	Sl. No. Particulars Details
1 Reason for appointment or discontinuation With an endeavour to further provide the best service(s) and experience to its valued shareholders and in the best interest of the Company and its shareholders in view of further strengthening the Corporate Governance of the Company by handling the Investor Service Request and Grievances seamlessly, the Board has approved the appointment of M/s. Elevate Fintech Private Limited (‘‘Elevate’’) bearing SEBI registration No: INR000004431 as new Registrar and Share Transfer Agent (RTA) of the Company in place of the existing RTA i.e. M/s. XL Softech Systems Limited (‘XL’).
2	Date on which above would become effective	The effective date of appointment of Elevate will be communicated in due course after definitive agreements are executed under applicable statute.

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