Nova Iron & Steel Ltd. Press Release Jul 29 2025

Pursuant to the provisions of Regulations 30 and 31A(8) of the Listing Regulations, we wish toinform you that the Board, at its meeting held today i.e. 29th July, 2025, has inter alia considered andapproved the request letter received on 22nd July 2025 from M/s Ambey Steel and Power PrivateLimited, person belonging to the promoter group of the Company, seeking re-classification from the'promoter and promoter group' category to 'public' category shareholder in accordance withRegulation 31A of the Listing Regulations. As required under Regulation 31A(8) of the ListingRegulations

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