Steelcast Ltd. — AGM Information 2021

Aug 10, 2021

STEELCAST LIMITED

ELC REGD. OFFICE RUVAPARI ROAD Castechnik & WORKS BHAVNAGAR, GUJARAT INDLA 364 006 PHOHE (31) (278) 267 S062 FAX (81) (278) 242 0589, 251 9831 E-MAIL Infotieteslcasi.nei WEBSITE WWW. Steel aa net CIN

L27310GJ1972PLC002033

AC/2079 By Listing Centre August 10, 2021

TO Listing Compliance Department, BSE Limited Phiroze Jeejeebhoy Towers Dalal Street Mumbai 400 001

Dear Sir,

Sub: Report of proceedings of 50" Annual General Meeting of the members of the Company held on August 09, 2021 at through Video Conference ("VC")/ Other Audio Visual Means ("OAVM") facility. Ref: Scrip Code 513517

In accordance with the provisions of Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, please find enclosed herewith summery of proceedings of the 50" Annual General Meeting of the Company held on August 09, 2021.

We request you to kindly take the same on record.

For, STEELCAST LIMITED

Digitally signed by Mahesh Mahesh Purohit Purohit ossosss0

(Mahesh Purohit) COMPANY SECRETARY

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STEELCAST LIMITED

ELA REGD. OFFICE RUVAPARI ROAD Castechnik & WORKS BHAVNAGAR, GUJARAT INDIA 364 005 PHOHE (31) (278) 261 FAX (81) (278) 242 0589, 251 9831 E-MAIL Info@steelcast.net WEBSITE WW eed et, eat CIN L27310GJ1972PLC002033

Summary of Proceedings of the 50" Annual General Meeting of Steelcast Limited held through Video Conferencing ("VC") / Other Audio Visual Means (""OAVM").

Mr. Mahesh Purohit, Company Secretary welcomed all Members, Directors, Auditors and invitees to the 50" Annual General Meeting (AGM) of the members of Steelcast Limited ('the Company') held on Monday, the 09" August, 2021 at 1600 Hours IST through Video Conferencing ("VC") / Other Audio Visual Means ("OAVM"). He also informed the process to participation in meeting for smooth conduct of Annual General Meeting and E-Voting.

All the Directors of the Company attended the meeting through Video Conferencing.

It was informed that the meeting was held through Video Conferencing VC / OAVM without the physical presence of the members at a common venue in accordance with the Circulars issued by Ministry of Corporate Affairs and Securities and Exchange Board of India.

It was also confirmed that the required quorum was present and declared the meeting to proceed.

Mr. Chetan M Tamboli, Chairman, Introduce Directors, Permanent Invitee, Chief Financial Officer and Company Secretary Present in the Meeting and Mr. Sarjubhai Mehta, Partner of M/s. SSM & Co., Statutory Auditors and Mr. Dineshkumar Bhimani, Secretarial Auditors and Scrutinizer also present in the meeting through VC from their respective locations.

He further informed that Chairman of the Audit Committee and Chairman of the Stakeholders Relationship Committee as well as Nomination and Remuneration Committee are present at this meeting through VC.

He informed that Statutory Registers and Certificates as required under the Companies Act, 2013 are available for Inspection on demand.

Thereafter, Chairman informed that the notice of the 50" Annual General Meeting along with the Audited Financial Statements for the Financial Year ended 31° March, 2021 together with Board's Report and Auditor Report has already been circulated to all the shareholders and taken as read.

He further informed that there are no qualifications and adverse remarks in Auditors Report and Secretarial Audit Report.

Thereafter, Mr. Chetan M Tamboli, Chairman, delivered his speech and gave an overview of operations and financial performance of the Company. He also responded all the questions/clarifications raised by the Members during the Meeting.

The Chairman also conveyed thanks to Shareholders, Board Members, Various Government Departments and lenders for their contributions in the Company.

The following businesses were considered at 50" Annual General Meeting.

Item No.1 (Ordinary Resolution): To receive, consider, approve and adopt the Audited Financial Statement of the Company for the financial year ended 31° March, 2021 and the Report of the Board of Directors' and Auditors' thereon.

Item No. 2 (Ordinary Resolution): To declare dividend on equity shares for the year ended 31° March, 2021.

STEELCAST LIMITED

ELC REGD. OFFICE RUVAPARI ROAD Castechnik & WORKS BHAVNAGAR, GUJARAT INDIA 364 005 PHOHE (31) (278) 267 S062 FAX (91) (278) 242 0589, 251 9831 E-MAIL Info@steelcast.net WEBSITE Wh. Ae cat. ret CIN

L27310GJ1972PLC002033

Item No.3 (Ordinary Resolution): To appoint a Director in place of Ms. Vidhi C Tamboli, as Non-Executive Non-Independent Director having Director Identification Number 06689283, who retires by rotation and being eligible offers herself for re-appointment.

Item No.4 (Ordinary Resolution): To ratify the remuneration of M/s. S. K. Rajani & Co. Cost Auditors, for the financial year 2021-22.

Item No.5 (Special Resolution): Re-appointment of Mr. Chetan M Tamboli (DIN:00028421) as Managing Director and fixation of remuneration.

Item No. 6 (Special Resolution): Alteration of Articles of Association of the Company.

Till the time of conclusion, 46 Members attended the meeting.

Request you to take the same on record.

Thanking You,

Yours faithfully,

For, STEELCAST LIMITED

Digitally signed by Ma hesh Mahesh Purohit Purohit tatoreos30 (Mahesh Purohit) COMPANY SECRETARY

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