John Cockerill India Ltd Secures Second Waiver for Payment of Purchase Price Advance from Parent Company

John Cockerill India Ltd has been granted a second waiver by its parent company, John Cockerill SA, for the payment of the purchase price advance. The waiver, amounting to € 5,000,000, is valid up to June 30, 2026. This waiver is in addition to the first waiver granted by JC SA for the payment of € 5,000,000, which was valid up to March 31, 2026. The waivers are part of the Share Purchase Agreement between John Cockerill India Limited and John Cockerill SA for the acquisition of the entire equity shareholding of John Cockerill Metals InternaƟonal SA, Belgium from JC SA.