AROMATIC STEEL PRIVATE LIMITED ACQUIRES 33,31,000 EQUITY SHARES FROM NILANCHAL INVESTMENTS PRIVATE LIMITED AT ₹11/SHARE

• Acquisition of shares under Regulation 10(1)(a)(iv) of SEBI (Substantial Acquisition of Shares and Takeover) Regulations, 2011. • Aromatic Steel Private Limited, a member of the promoter group of Nova Iron and Steel Limited, is the acquirer. • The shares are to be acquired off-market. • Rationale: Restructuring among Members of Promoter Group. • Total shares held by Aromatic Steel Private Limited will increase to 18.67% post-acquisition. Impact: Neutral (Regulatory filing detailing promoter group restructuring and shareholding changes)

Nova Iron & Steel Ltd

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