AONESTEELS2026-10-16AONESTEELS2026-10-16in-capmkt:StageOfTheLitigationIsConcludedOrDisputeIsResolvedMemberAONESTEELS2026-10-16in-capmkt:SettlementOfProceedingsMemberAONESTEELSA-ONE STEELS INDIA LIMITED544952NOTLISTEDINE0OTC01025Pendency of any litigation(s) or dispute(s) (Sub-para 8-Para B)Regularly till the litigation is concluded or dispute is resolvedNewfalse2026-10-1514:46:002026-10-16Settlement of the proceedingsThe Application filed under Section 9 of the Insolvency and Bankruptcy Code, 2016 (IBC) read with Rule 6 of the Insolvency and Bankruptcy (Application to Adjudicating Authority) Rules, 2016, seeking initiation of Corporate Insolvency Resolution Process (CIRP) filed by M/s. Shri Khatu Shyam Ispat Udyog LLP against A-One Steels India Limited bearing Case No. C.P. (IB)/ 34/BB/2026 (as previously disclosed under the section titled “outstanding litigations and material developments" in the Red Herring Prospectus (RHP) filed by the Company), has been amicably settled between the parties on October 14, 2026.2026-09-11The Hon’ble National Company Law Tribunal (NCLT), Bengaluru Bench, vide its order dated October 14, 2026, in CP (IB) No. 34/BB/2026, has recorded that the matter between M/s. Shri Khatu Shyam Ispat Udyog LLP (Petitioner) and A-One Steels India Ltd (Respondent) has been settled between the parties. The Hon'ble NCLT has further listed the matter on November 06, 2026, for reporting implementation of the settlement and disposal of the case.CompanyTerms of Settlement: The matter has been amicably settled for a total amount of Rs. 3,80,00,000/- (Rupees Three Crore Eighty Lakhs only) payable in two equal instalments: • First instalment of ₹1,90,00,000, which has already been paid on October 15, 2026. • Second instalment of Rs. 1,90,00,000/- payable by the end of October 2026.NoneNo major impact on the financial position of the Company, considering the size of the company, except an payment of the agreed settlement amount of Rs. 3,80,00,000/-.