New Business Segment - Shyam Metalics & Energy Ltd

Code BSE: 543299 NSE:

Shyam Metalics to Foray into Wagon Manufacturing at Kharagpur Plant, West Bengal Key Highlights: a) Shyam Metalics to enter into the rolling stock segment with a greenfield project in Kharagpur b) The facility will be capable of producing 4,800 wagons per annum in two phases c) The project supports the Government of India’s “Make in India” initative and is part of the company’s five-year capex roadmap Speaking on this pivotal expansion, Sheetij Agarwal, Director of Shyam Metalics and Energy Ltd, stated: “With our foray into wagon manufacturing, we are reinforcing Shyam Metalics’ vision of advancing India’s industrial self-reliance through high-impact, future-ready infrastructure. This facility reflects our commitment to innovation, sustainability, and naton-building. From harnessing rooftop solar energy to deploying Made-in-India technology, each element has been thoughƞully designed to maximise operatonal efficiency, minimise environmental impact, and enhance employee welfare. The Uni-Flow layout brings internanatonal manufacturing standards to our operatons, allowing us to scale efficiently while delivering high-quality output. This marks a significant step in our evoluton as a comprehensive, responsible provider of steel and mobility solutons for India’s infrastructure landscape.”