SAL STEEL LIMITED : CORPORATE FILING

• Disclosure under Regulation 31(4) of the SEBI (Substantial Acquisition of Shares and Takeover) Regulations, 2011. • The Promoter and Promoter Group, including persons acting in concert, declare that as on March 31, 2026, they have not made any encumbrance of shares, directly or indirectly, other than those already disclosed during the financial year 2025-26. • The disclosure is for the information and records of the Audit Committee. • Signed by Rajendrakumar Shah, Chairman & Director (DIN: 00020904) on behalf of the Promoter and Promoter Group and for Shah Alloys Limited. • Copies sent to Bombay Stock Exchange Ltd. and National Stock Exchange of India Ltd. Impact: Neutral (Routine corporate disclosure regarding share encumbrance)

S.A.L. Steel Limited

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