MSP Steel & Power: Board Meeting Outcome for Intimation Under Regulation 30 Of SEBI (Listing Obligations And Disclosure Requirements) Regulations 2015 SEBI ('Listing Regulations')- Outcome Of Board Meeting

Pursuant to Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations 2015 we hereby inform that consequent to the special resolution passed by the shareholders of the Company at an Extra-Ordinary General Meeting convened on December 12 2025 and further pursuant to the In-principle approval accorded by National Stock Exchange of India Limited (NSE) and BSE Limited (BSE) dated February 27 2026 the Company at its Board Meeting on March 14 2026 had allotted in aggregate 2 80 00 000 (Two Crores Eighty Lakhs) convertible warrants of face value of Rs.10 (Rupees Ten) each at a price of Rs. 35/- (Indian Rupees Thirty Five only) including a premium of up to Rs. 25/-(Indian Rupees Twenty Five Only) per warrant on receipt of Warrants Subscription money @ 25% of the issue price to promoter group.