John Cockerill India Modifies Related Party Transaction

John Cockerill India Ltd's board approved a material modification to a related party transaction involving the acquisition of John Cockerill Metals International SA from John Cockerill SA. The modification pertains to the purchase price consideration and payment terms of the Share Purchase Agreement (SPA) dated December 19, 2025. The revised aggregate purchase price is €24.320.000, payable through a combination of cash (€5.000.000 by June 30, 2026) and a share swap involving the issuance of 35,185 Non-Cumulative Compulsorily Convertible Preference Shares at ₹58,028.60 per share, aggregating to €19.320.000. The board also approved the draft amendment agreement to the SPA.