ISMT Limited has received two contracts from Oil and Natural Gas Corporation Limited (`ONGC') for supply of products. Supply of regular casing pipes will be in accordance with terms and conditions as mentioned in two contracts awarded by ONGC to the Company. Nature of order/contract: Supply of regular casing pipes as per specifications given in the contracts.

Time period by which the order(s)/contract(s) is to be executed: From 11 April 2024 to 13 February 2025. Broad consideration or size of the order(s)/contract(s): The aggregate value of two contracts is around INR 3,437.2 million.