Bihar Sponge Iron Ltd — Important, 01-01-1970: Company Update

Bihar Sponge Iron Limited clarified media reports about its plant operations. The company's manufacturing facilities are currently managed and operated by Vanraj Steels Private Limited under a Facility User Agreement from December 2020. Vanraj unexpectedly ceased plant operations on February 6, 2026, without official prior notice to Bihar Sponge Iron. The company has not received formal communication regarding this sudden closure. This development directly impacts the operational status of its core manufacturing assets, and the company plans to share further updates.