SHAH ALLOYS LTD.

Shah Alloys Ltd has submitted its Annual Report for the fiscal year 2025-26, which includes the notice for its 36th Annual General Meeting (AGM). The report, compliant with SEBI regulations, will be available on the company's website. The AGM is scheduled for September 18, 2026, and will be conducted via Video Conferencing/Other Audio-Visual Means. Key agenda items include the adoption of audited standalone and consolidated financial statements for FY26 and the re-appointment of Shri Ashok Sharma as a Director retiring by rotation.

Shah Alloys Ltd has announced that its 36th Annual General Meeting (AGM) will be held on Friday, September 18, 2026, at 12:30 PM IST. The meeting will be conducted through Video Conference (VC) or Other Audio Visual Means (OAVM) in compliance with MCA and SEBI circulars. Key agenda items include the adoption of audited standalone and consolidated financial statements for FY 2025-26, the re-appointment of a director retiring by rotation, and a special resolution to adopt a new Memorandum of Association (MOA) with additional main objects related to trading in agricultural commodities, metals, and energy products. The notice of the AGM and the Annual Report for FY 2025-26 will be circulated electronically and available on the company's website. Remote e-voting will be open from September 15 to September 17, 2026, with a cut-off date of September 11, 2026, for voting rights.

Shah Alloys Ltd's Board has approved a strategic review and proposed restructuring or monetisation of its steel plant, machinery, and other assets. This follows an earlier decision to close the Iron & Steel Plant operations at Santej due to aged and obsolete technology making operations uncompetitive. The company will seek shareholder approval to explore strategic alternatives including sale, lease, development, or other monetisation of land, buildings, and immovable assets. The plant and machinery at the Santej location have been valued at ₹44,19,50,000 by a registered valuer. The company aims for optimum utilisation of its steel plant assets and resources.

Shah Alloys Ltd announced its unaudited standalone financial results for the quarter ended June 30, 2026. The Board of Directors noted the Statutory Auditors' observation regarding a material uncertainty related to going concern. The company has closed its Iron & Steel Plant at Santej since August 2025 due to age, obsolescence, and losses. Strategic alternatives, including investor induction, lease, sale, or joint ventures for the Steel Plant undertaking, are being evaluated. Monetization of land and other immovable assets is also being considered to unlock value and deploy resources for business purposes. The plant and machinery are valued at ₹44.195 Crore. The financial results were prepared on a going concern basis. The Board also approved the adoption of a new Memorandum of Association and alteration of main objects to include commodity trading.

Shah Alloys Ltd's Board of Directors met on August 12, 2026, to consider and take on record the Un-Audited Standalone Financial Results for the quarter ended June 30, 2026. The Board also noted the Statutory Auditors' observation regarding a material uncertainty related to going concern due to the closure of its Santej Iron & Steel Plant since August 2025. The company is evaluating strategic alternatives for the plant and its assets, including potential investors, sale, lease, or joint ventures. A valuation of the plant and machinery by a Registered Valuer reported a Fair Market Value of ₹44.195 Crore. The Board also approved the adoption of new Memorandum and Articles of Association and proposals under Section 180(1)(a) of the Companies Act, 2013, related to the strategic realignment. The 36th Annual General Meeting is scheduled for September 18, 2026.

Shah Alloys Ltd has announced that its Board of Directors will convene on August 12, 2026. The primary agenda item is to consider and approve the Un-audited Standalone Financial Results for the first quarter ended June 30, 2026. Additionally, the board will address other business matters. The company also reminded stakeholders that the trading window for dealing in its shares remains closed from July 1, 2026, until 48 hours after the financial results are approved and filed with the stock exchange, in accordance with SEBI regulations.

Shri Ambalal Chitabhai Patel has tendered his resignation as an Independent Director of Shah Alloys Ltd, effective from the close of business hours on July 13, 2026. The resignation is due to unavoidable personal reasons. Mr. Patel has confirmed that there are no other material reasons for his departure. He currently holds directorships in Sadbhav Engineering Limited, Sadbhav Infrastructure Project Limited, Nandan Denim Limited, and Shree Rama Newsprint Limited, where he serves on committees. The company has acknowledged the resignation and will complete the necessary regulatory filings.

Shah Alloys Ltd has announced the closure of its trading window for designated persons and their immediate relatives. This restriction will be in effect from July 01, 2026, until 48 hours after the declaration of the company's financial results for the first quarter ending June 30, 2026. The decision aligns with SEBI (Prohibition of Insider Trading) Regulations, 2015, and the company's internal code of conduct. The exact date for the board meeting to approve these financial results will be communicated later. This measure is standard practice to prevent potential insider trading before the official announcement of financial performance.

Shah Alloys Ltd has issued a revised outcome of its Board Meeting held on May 30, 2026, to correct a clerical error in the Consolidated Independent Auditor's Report. The error involved the word "Opinion" being mistakenly printed as "Qualified Opinion" in a section heading. The company assures that this correction does not alter the financial results or any other content previously submitted. The revised report and outcome have been submitted to the BSE and NSE for record.

Shah Alloys Ltd has submitted audited standalone and consolidated financial results for the quarter and financial year ended March 31, 2026, as reviewed by the Audit Committee. The board also approved the appointment of M/s. G M C A & Co. as Internal Auditor for the financial year 2026-27, complying with Section 138 of the Companies Act, 2013.