VORA FINANCIAL SERVICES: DISCLOSURE UNDER SEBI (SUBSTANTIAL ACQUISITION OF SHARES AND TAKEOVERS) REGULATIONS, 2011

• Acquirer: VORA FINANCIAL SERVICES PVT LTD and Persons Acting in Concert (PAC) • Target Company: SAL STEEL LIMITED • Acquisition Details: 73,06,374 equity shares acquired via Open Market on July 31, 2026 • Holding before acquisition: 5.05% of total voting capital • Total share capital of TC: 14,47,66,700 • Impact: Neutral (Mandatory disclosure filing as per SEBI regulations)

S.A.L. Steel Ltd

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