S.A.L. Steel Limited announced the appointment of Shri Kaustubh Agarwal (DIN: 08110836) as an Additional Director, designated as Whole Time Director. This appointment was approved by the Board of Directors on December 23, 2025, based on the recommendation of the Nomination and Remuneration Committee. The appointment is effective from December 23, 2025, and is subject to the approval of the company's members. This appointment is in accordance with Sections 161, 203, and other applicable provisions of the Companies Act, 2013, and the Companies (Appointment and Remuneration of Managerial Personnel) Rules, 2014. Shri Kaustubh Agarwal is a mining engineer with over 5 years of experience in the mining and steel industry. He is committed to bringing a fresh perspective to daily operations, blending traditional wisdom with modern technology for optimal performance. He is the son of Shri Mahesh Kumar Agarwal, a Director of the Company. Shri Kaustubh Agarwal is not debarred from holding the office of director by any SEBI order or other such authority. The appointment is for a period of 5 years, subject to shareholder approval.