Scan Steels Ltd — Updates, 08-08-2025: Company Update

+91 80931 15221

SCAN STEELS LTD. ...commesccon

CIN : L27209MH1994PLCO76015 | GSTIN : 21AABCMB734H1ZQ

elulcl

www.scansteels.com

Date: August 8,2025

To,

The General Manager-Listing

Department of Corporate Services

BSE Limited

Phiroze Jeejeebhoy Towers,

Dalal Street, Mumbai- 400 001.

BSE Code: 511672

Sub: Appointment of Cost Auditor and Secretarial Auditor.

Ref: Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) *

Regulations, 2015 (“SEBI Listing Regulations”)

Dear Sir/Madam,

We wish to inform you that the Board of Directors of the Company at its Board Meeting held today

i.e, Friday, August 8, 2025, inter-alia, have approved the following:

1. Based on the recommendation of Audit Committee, the Board of Directors of the Company

has approved the appointment of M/s. Ray Nayak and Associates, Cost Accountants,

address of MIG-26, Manarama Estate Rasulgarh Bhubaneswar -751010, as the Cost

Auditors to carry out the Cost Audit of the Company for the Financial Year 2025-2026.

Disclosure pursuant to Regulation 30 of the SEBI (Listing Obligations and Disclosure

Requirements) Regulations, 2015 read with SEBI Master Circular No.

SEBI/HO/CFD/PoD2/CIR/P/0155 dated 11 November 2024, is attached as per

Annexure 1.

2. Based on the recommendation of the Audit Committee, the Board of Directors of the

Company has recommended to the shareholders the appointment ofMLs._Amar_emi:a

i ofthe

Company to carry out the Secretarial Audit for a period of 5 (five) consecutive years

commencing from FY 2025-2026 till FY 2029-2030, at the ensuing Thirty-Second (32nd)

Annual General Meeting.

Disclosure pursuant to Regulation 30 of the SEBI (Listing Obligations and Disclosure

Requirements) Regulations, 2015 read with SEBI Master Circular No.

SEBI/HO/CFD/PoD2/CIR/P/0155 dated 11 November 2024, is attached as p

Annexure 2.

Plot No. 516/1723/3991, 3rd Floor Subhash Road, Vile Parle (East), Mumbai-400057

Corporate Office : Trishna Nirmalya | Registered Office : Office No. 10%=3 quare

0 Patia, Bhubaneswar-751024 | Phone : +91-02226185461, +91-02226185462

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The Meeting of the Board of Directors commenced at 4.00 p.m. and concluded at

| 6.15 p.m.

This will also be hosted on the Company’s website viz. www.scansteels.com

We request you to kindly take the same on record.

Thanking You,

Yours Faithfully,

For SCAN STEELS LIMITED

For SCAN, S LIMITED

| Prabir umgl‘a Wa?am’y

Company Secretary& Compliance Officer

(Membership No.: F6333)

Encl: As above

Plot No. 516/1723/3991, 3rd Floor Subhash Road, Vile Parle (East), Mumbai-400057

\ o Corporate Office : Trishna Nirmalya Registered Office : Office No. 104, 105, E-Square

Patia, Bhubaneswar-751024 Phone : +91-02226185461, +91-02226185462

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9190781 85221

@ SCAN STEELS LTD- scanstee\:@scansteels.com “ CIN : L27209MH1994PLCO76015 | GSTIN : 21AABCMB734H1ZQ E—

Annexure 1

Sr. No. Particulars Details

1. | Reason for Change viz. Appointment, | Appointment of M/s. Ray Nayak and

ghation; F—death Associates, Cost Accountants, as the Cost

etherwise (if any) Auditors for the Financial Year 2025-2026.

2. | Date of | Date of appointment: August 8, 2025

appointment/reappointment/ecessatio

A-fas—applicable) & term of | Term of appointment- Appointed as a Cost

appointment/re-appeintment; Auditor of the Company for the Financial

year 2025-2026.

3. | Brief Profile (in case of appointment); | M/s. Ray Nayak and Associates, Cost

Accountant is having wide Experience in N

Statutory Cost Audit, Internal Audit, GST

Audit and are also Consultant in Income Tax

related Matters etc.

4. | Disclosure of relationships between | Not Applicable

directors (in case of appointment of a

director).

5. | Information as required under BSE | Not Applicable

circular Number LIST/COM/14/2018-

19 and NSE circular no.

NSE/CML/2018/24 dated June 20, 2018

Plot No. 516/1723/3991, 3rd Floor Subhash Road, Vile Parle (East), Mumbai-400057

Corporate Office : Trishna Nirmalya | Registered Office : Office No. 104, 105, E-Square

0 Patia, Bhubaneswar-751024 | Phone: +91-02226185461, +91-02226185462

Y

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+9180931 15221

+9190781 85221

scansteels@scansteels.com

<

s SCAN STEELS LTD.

CIN : L27209MH1994PLC076015 | GSTIN : 21AABCMB734H1ZQ www.scansteels.com

006

Annexure 2

Particulars Details

1. | Reason for Change viz. Appointment, | Appointmentof M/s. Amarendra Mohapatra &

gration; I-death-or-otherwise (if | Associates, Practising Company Secretaries, as

any) the Secretarial Auditor of the Company for 5

financial years commencing from EY. 2025-

2026.

2. | Date of | Appointment is for a period of 5 years

appointment/reappointment/cessationfas | commencing from the EY. 2025-2026 (i.e.,

icable) & term of appointment/se- | April 01, 2025) till EY. 2029-2030 (i.e, March

appottizent 31, 2030), subject to the approval of the

shareholders at the ensuing AGM of the

company.

M/s. Amarendra Mohapatra & Associates is a

Practicing Company Secretary proprietary

firm led by CS Amarendra Mohapatra having

working experience of more than Seven (7)

years in Company Law and Secretarial

Compliance, engaged in the profession of

corporate legal advisory and consultancy to

listed and unlisted Companies and Corporate

Groups. He is very much acquainted with

XBRL, IND-AS mode of filing of annual returns

for big / Government companies.

3. | Brief Profile (in case of appointment);

4. | Disclosure of relationships between | Not Applicable

directors (in case of appointment of a {

director). &

5. | Information as required under BSE circular | Not Applicable ;j

Number LIST/COM/14/2018-19 and NSE

circular no. NSE/CML/2018/24 dated June

20,2018

We request you to kindly take the same on record.

Thanking You,

Yours Faithfully,

For SCAN STEELS LIMITED

For SCAN $TEELS LIMITED

Prabir Secretary

Company Secretary& Compliance Officer

M i X 0( Ce;lr‘goerarstlenagfge :F rggr?a) Nirmalya | Registered Office : Office No. 104, 105, E-Square

Plot No. 516/1723/3991, 3rd Floor Subhash Road, Vile Parle (East), Mumbai-400057

Patia, Bhubaneswar-751024 Phone : +91-02226185461, +91-02226185462

4

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RAY fi Aya K & fi SSOGIATES Plot No.:- 717, Main Road, Near Essplannade Shopping Mall,

Bomikhal (Rasulgarh}, Bhubaneswar-751010

Ph./Fax - 0674-2549660, 9938605235

COST fi cc © WU nth nTs E-mail - raynayakassociates@ gmail.com, ema.chaitanya@yahoo.com

Consent-cum-declaration by Cost Auditor

Date: 2nd August, 2025

To,

The Board of Directors

Scan Steels Limited

104/105, E-Square, Subhash Road,

Opp. Havmor Ice-Cream, Vile -Parle(E),

Mumbai - 400 057.

Sub: Cost Audit of your Company for the year ending 31% March, 2026

Dear Sir,

This has reference to your proposal to appoint us as Cost Auditor of the Company for the financial year

ending on 31-03-2026. We shall be happy to accept the appointment as Cost Auditor of the Company,

if so, made by the Board of Directors of the Company, [on recommendation by the Audit Committee of

the Board] *.

As required, we confirm/ certify as under: -

(a) We / Partners of the Firm are holding Certificate of practice issued by the Institute of Cost

Accountants of India and we are in whole time practice. Our PAN NO. Is AAMFR1831Q and

Registration No, of the Firm is 000241.

(b) we do not suffer from any disqualification as specified inter-alia under Section 141(3) read with

Section 148(5) of the Companies Act, 2013.

(c) The appointment, if made, will be within the limits prescribed under Section 141(3) (g) of the

Companies Act 2013 read with Section 148 of the Act.

(d) In pursuance of para (e) of the General Circular No. 15/2011 dated 11.04.2011 issued by the Cost

Audit Branch of the Ministry of Corporate Affairs, Government of India, we are an independent

Cost Accountant Firm having at arm’s length relationship with your company.

(e) We also confirm that there are no orders or proceedings, which are pending against our firm or

any of our partners relating to professional matters of conduct before the Institute of Cost

Accountants of India or any competent authority or any court.

Thanking you,

Yours faithfully,

For M/s. Ray, Nayak & Assé

Cost Accountants /

Name: PariteyC® Neitan umnar Ray, Managing Partner

E.R.N. 000241

Branch Office : Uday Nagar, Agargadia, Near Railway Sub-Station, Balasore - 756001

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NS *Amarendra Mohapatra & Associates

C.S. Amarendra Mohapatra Practicing Company Secretaries*

M. Com, L.L.M., A.C.S. PH: +91 9004886465 & +917873117777

To, Dt.05/08/2025

Board of Directors

SCAN STEELS LIMITED

104/105, E-Square, Subhash Road,

Opp. Havmor Ice-Cream,

Vile -Parle(E), Mumbai - 400 057.

Sub: Consent for Appointment as Secretarial Auditors of the Company for a period of

5 (five) consecutive years commencing from FY 2025-2026 till FY 2029-2030.

Dear Sir (s),

With reference to your letter regarding above stated subject 02/08/2025 We, M/s.

Amarendra Mohapatra & Associates, Practicing Company Secretary, hereby give our

consent to be appointed as Secretarial Auditor of your company pursuant to Section

204 of the Companies Act, 2013 read with Rule 9 of the Companies (Appointment and

Remuneration of Managerial Personnel) Rules, 2014 and Regulation 24A of SEBI

(Listing Obligations and Disclosure Requirements) Regulations, 2015, as amended for

a period of 5 (five) consecutive years commencing from FY 2025-2026 till FY 2029-

2030.

We hereby declare that the appointment, if made shall be in accordance with the

conditions as prescribed under Companies Act 2013 read with Rule 9 of the

Companies (Appointment and Remuneration of Managerial Personnel) Rules, 2014.

We also certify that we satisfy the conditions provided in the said Sections and Rules.

We further confirm that if appointed, our appointment shall be within the limits

prescribed by ICSI for maximum number of Secretarial Audits.

We look forward the professional relationship with the company.

Thanking You,

Yours Faithfully

M/s. Amarendra Mohapatra & Associates,

Practicing Company Secretary

(CP No- 14901)

Firm Regn. $2015MH333200

CS. Amarendra Mohapatra

Company Secretary

M. No. A26257

* LIG- 3/10, 2nd Floor, Arya Vihar, Behind D.A.V. Public School, Sailashree

Vihar, Bhubaneswar, Odisha- 751021.

Mumbai Office: 129B, Ansa Industrial Estate, Saki Vihar Road, Sakinaka,

Andheri East, Mumbai - 400072

E-Mail: Associateconsultancy@Gmail.Com & Csamarendra@Gmail.Com*

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