Rathi Steel and Power Limited announced that the Company has entered into Long term (for 10 Years) Agreement for supply of Industrial Gases for its Unit at Ghaziabad (U.P.) with M/s Linde India Limited. The Company has accepted the terms of the proposal and committed to act as per the terms of proposal. In Pursance to company's efforts to ramp up production of value added Grades of steel products at its Ghaziabad works, Company have entered into a long term contract on 7" August 2023 for a period of 10 years with M/s LindeIndia Limited, for supply of liquid argon, a critical input required to manufacture such steel products.

This long term tie up will enable the Company to ride over market fluctuation /volatility associated with this important input and may also help to increase the share of value added product in the overall product mix.