VSTL : GRANTS RS 5 CR LOAN TO WHOLLY OWNED SUBSIDIARY VIYOM STEEL INFRA

• Board approved loan of ₹5 Cr to Viyom Steel Infra Private Limited, a 100% wholly owned subsidiary • Loan is unsecured, carries interest at 9.5% and is repayable on demand subject to a maximum period of 10 years • Loan agreement executed on 22nd August 2026; no security provided • Borrower to use funds for working capital and to purchase land for a commercial manufacturing facility for transmission towers, monopoles, crash barriers, octagonal poles, high mast poles and pre-fabricated structures • Loan is in addition to the ₹20 Cr extended by VSTL vide loan agreement dated 25th August 2026; outstanding loan to the borrower stands at ₹17.43 Cr Impact: Neutral (Modest ₹5 Cr funding to wholly owned subsidiary supports land purchase and forward integration into infrastructure products, but raises related-party exposure)

Vibhor Steel Tubes Limited

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