BIHAR SPONGE IRON LTD.

Bihar Sponge Iron Ltd has been informed via email about an application/petition filed by M/s. Agarwal Coal Corporation Private Limited before the Hon'ble NCLT, Bench at Kolkata. The case, titled 'AGARWAL COAL CORPORATION ... Vs BIHAR SPONGE IRON LIMITED', has been allotted case number KB C.P. (IB) 146 2026 and is scheduled for listing on July 16, 2026, before Bench (Court No: 2). As of the filing date, the company has not received any official notice from the NCLT regarding this matter. This disclosure is made pursuant to Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

Bihar Sponge Iron Ltd has announced the closure of its trading window for designated persons, including directors, promoters, employees, and connected individuals, effective July 1, 2026. This closure will remain in effect until 48 hours after the declaration of the company's un-audited financial results for the first quarter ended June 30, 2026. The specific date for the board meeting to approve these results will be communicated separately. This measure is in compliance with the company's code of conduct and SEBI regulations concerning insider trading.

Bihar Sponge Iron Ltd's board approved the audited financial results for the quarter and year ended March 31, 2026. The board also addressed the reconstitution of the Internal Complaint Committee and a disclosure regarding a demand notice under the Insolvency and Bankruptcy Code, 2016 from Agarwal Coal Corporation Private Limited, which the company disputes and is pursuing legal proceedings against. The meeting concluded at 03:32 P.M. on May 29, 2026.

Bihar Sponge Iron Ltd's board approved the audited financial results for the quarter and year ended March 31, 2026. The board also addressed the reconstitution of the Internal Complaint Committee and disclosed updates regarding a demand notice from Agarwal Coal Corporation under the Insolvency and Bankruptcy Code, 2016, which the company disputes and is pursuing legal action against. Additionally, the board noted the Facility User Agreement with M/S. Amalgam Steel & Power Limited.

Bihar Sponge Iron Ltd. announced audited financial results for the quarter and year ended March 31, 2026. The Board of Directors approved the results at a meeting held on May 29, 2026. The meeting also covered the reconstitution of the Internal Complaint Committee and a disclosure regarding a demand notice under the Insolvency and Bankruptcy Code from Agarwal Coal Corporation Private Limited, which the company disputes and is pursuing legal proceedings against. Additionally, a Facility User Agreement with M/S. Amalgam Steel & Power Limited dated 23rd March, 2026 was noted.

Bihar Sponge Iron Ltd has scheduled a Board of Directors meeting on May 29, 2026, to consider and approve the Audited Financial Results for the fourth quarter and year ended March 31, 2026. In compliance with SEBI regulations, the trading window for company shares will be closed for Directors, Promoters, KMPs, Designated Persons, and their immediate relatives until 48 hours after the financial results are declared. The results will be available on the company's website.

Bihar Sponge Iron Ltd has filed a commercial case against M/s. Vanraj Steels Private Limited and others before the Court of District Judge-I cum Special Judge Commercial Court, at Saraikela-Kharsawan. The case seeks declaratory and injunctive reliefs related to liabilities, claims, and demands arising from Vanraj Steels' operations. The company disclosed this under Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, stating the case is material and the financial implication will be to the extent of the amount of dispute, which is not yet ascertainable.

Bihar Sponge Iron Ltd has received a demand notice in Form-3 dated April 30, 2026, under the Insolvency and Bankruptcy Code, 2016, from M/s Gohil Enterprises Private Limited for an alleged unpaid operational debt of ₹1,97,94,250. The company is currently reviewing the matter and is taking legal steps. Bihar Sponge Iron clarifies that it has not acknowledged or admitted the claim and does not recognize any liability.

Bihar Sponge Iron Ltd has received a demand notice under the Insolvency and Bankruptcy Code, 2016, from M/s Gohil Enterprises Private Limited for an alleged unpaid operational debt of ₹1,97,94,250. The company is reviewing the matter and taking legal steps, clarifying that it has not acknowledged or admitted the claim and does not recognize any liability.

Bihar Sponge Iron Ltd has announced the appointment of Mr. Om Prakash Jangir as the Vice President– Commercial, effective from May 1, 2026. Mr. Jangir, aged 51, brings approximately 27 years of extensive experience in managerial and administrative roles within large projects, with expertise in plant operations, strategy, and technology. He holds an M. Com. (Accounts) degree from the University of Ajmer, Rajasthan. Prior to this appointment, he served as the Plant Head at DD Steel & Power Ltd., Seraikela, where he contributed significantly to organizational growth and operational efficiency. The company confirmed there is no relationship between Mr. Jangir and its existing directors. This appointment is in compliance with Regulation 30 of SEBI Listing Regulations.