Nilachal Refractories Ltd. — Major Shareholding Notification 2026

Apr 29, 2026

SEASONS TRADING & INVESTMENTS PVT. LTD. 2, Hare Street, NICCO HOUSE, 3[rd] Floor, Kolkata – 700001 Tel. No.: 033 – 2248 4772 Email: sanjay@jekay.com CIN: U51391WB1990PTC048146

Format for disclosures under Regulation 29(2) of SEBI (Substantial Acquisition of I Shares and Takeovers) Regulations, 2011

Name of the Target Company (TC) Nilachal Refractories Limited

Name(s) of the acquirer and Persons SFAL SPECIALITY ALLOYS LIMITED Acting in Concert (PAC) with the acquirer

Name(s) of the acquirer and Persons Acting in Concert (PAC) with the acquirer	SFAL SPECIALITY ALLOYS LIMITED	SFAL SPECIALITY ALLOYS LIMITED	SFAL SPECIALITY ALLOYS LIMITED
.Whether the acquirer belongs toIIYes Promoter/ Promotergroup
Name(s) of the Stock Exchange(s) where the shares of TC are Listed BSE !�=========�-----------------------------' Details of the acquisition / disposal as follows Number % w.r.t.total share/voting capital wherever applicable() % w.r.t. total diluted share/voting capital of the TC(*)
Details of the acquisition / disposal as follows			% w.r.t. total diluted share/voting capital of the TC(**)
Before the acquisition under consideration, holding of: a) Shares carrying voting rights b) Shares in the nature of encumbrance (pledge/ lien/ non- disposal undertaking/ others) c) Voting rights (VR) otherwise than by shares d) Warrants/convertible securities/any other instrument that entitles the acquirer to receive shares carrying voting rights in the T C (specify holding in each category) e) Total (a+b+c+d)	1500000 0 0 0 1500000	7.37% 0 0 0 7.37%	0 0 0 0 0

After the acquisition / sale, holding of: a) Shares carrying voting rights acquired b) Shares encumbered with the acquirer c) VRs otherwise than by shares d) Warrants / convertible securities / any other instrument that entitles the acquirer to receive shares carrying voting rights in the TC (specify holding in each category) after acquisition e) Total (a+b+c+d)	0 0 0 0 0	0 0 0 0 0	0 0 0 0 0
Mode of acquisition / sale (e.g.open market/ off-market/ public issue/ rights issue / preferential allotment / inter-se transfer etc).	Off market
Date of acquisition / sale of shares / VR or date of receipt of intimation of allotment of shares, whichever is applicable	24.04.2026
Equity share capital / total voting capital of the TC before the said acquisition / sale	7.37%
Equity share capital/ total voting capital of the TC after the said acquisition/ sale	0
Total diluted share/voting capital of the TC after the said acquisition	0

(*) Total share capital/ voting capital to be taken as per the latest filing done by the company to the Stock Exchange under Clause 35 of the listing Agreement.

(**) Diluted share/voting capital means the total number of shares in the TC assuming full conversion of the outstanding convertible securities/warrants into equity shares of the TC.

NIRAJ Digitally signed by NIRAJ JALAN JALAN Date: 2026.04.27 13:11:21 +05'30'

Signature of the acquirer / seller I Authorised Signatory

Place: Kolkata

Date:27.04.2026