JAYASWAL NECO INDUSTRIES LTD.

Jayaswal Neco Industries Ltd has announced that its Board of Directors will convene on October 16, 2026. The primary agenda item for this meeting is to consider and approve the unaudited financial results for the quarter and half-year ended September 30, 2026. These results will undergo a limited review by the company's statutory auditors. Additionally, the company has informed about the trading window closure, which will be effective from October 1, 2026, to October 18, 2026, inclusive.

Vibrant Enterprises, along with its partners, has acquired 2,24,39,134 warrants in Jayaswal Neco Industries Limited, representing 2.26% of the equity share capital on a fully diluted basis. This acquisition was made through a preferential allotment on a private placement basis on October 1, 2026. Vibrant Enterprises is part of the promoter group of Jayaswal Neco Industries Limited. The total equity share capital of the company remains 97,09,98,244 shares, while the total diluted share capital after this acquisition stands at 99,34,37,378 shares.

Jayaswal Neco Industries Ltd announced the appointment of Shri Rana Das as President (Materials Management), designated as Senior Management Personnel. The appointment was approved by the Board of Directors via Circular Resolution on October 1, 2026, and is effective from the same date. Shri Das, aged 55, holds an MBA from Xavier Institute of Management, Bhubaneswar, and brings over 30 years of experience from Tata Steel, including extensive expertise in strategic procurement and steel plant operations. His background includes 25 years in Group Strategic Procurement and 5 years in Steel Plant Operations & Maintenance, with a focus on industrial value chain leadership in complex manufacturing environments.

Jayaswal Neco Industries Ltd has announced the achievement of financial closure for its new 1.50 MnTPA Straight-Grate Pellet Plant project. The company has received approval from all existing lenders for the project, which includes a new Raw Material Handling System and other associate facilities at its Siltara, Raipur complex. The project has an appraised cost of approximately ₹720.00 Crores, with ₹540.00 Crores sanctioned as Term Debt and the remaining ₹180.00 Crores to be funded by equity and internal accruals. The expansion is aimed at crucial business growth and utilizing iron ore from captive mines. The construction period is estimated at 24 months from the first drawdown of term debt, which is yet to materialize.

Jayaswal Neco Industries Ltd announced the allotment of 2,24,39,134 warrants to M/s Vibrant Enterprises through its partners and associated entities. This allotment, made on a preferential basis via private placement, is valued at ₹200,00,00,013.42 (₹200 Crore). The company has received an upfront payment of ₹50,00,00,003.36 (25% of the total amount), with the balance payable upon exercise of the warrants. Each warrant grants the right to subscribe to one equity share of face value ₹10, exercisable within 18 months. The issuance is in compliance with SEBI ICDR Regulations and the Companies Act, 2013.

Jayaswal Neco Industries Ltd has announced the closure of its trading window for designated persons, including insiders and connected persons. This closure is in accordance with SEBI (Prohibition of Insider Trading) Regulations, 2015, and the company's internal code of conduct. The trading window will be shut from October 1, 2026, until 48 hours after the declaration of the company's unaudited financial results for the quarter and half-year ending September 30, 2026. This measure is standard practice to prevent insider trading during periods when sensitive financial information is being finalized.

Jayaswal Neco Industries Ltd has paid a fine of INR 75,59,384 (inclusive of GST) to BSE Limited for an alleged delayed submission of its Shareholding Pattern for the quarter ended June 30, 2015. The company reported an alleged delay of 20 days. The fine represents the maximum financial impact. Jayaswal Neco has paid the fine under protest, reserving all its rights and remedies.

Jayaswal Neco Industries Limited (JNIL) has issued a clarification in response to recent media reports concerning its group entity, DATASEL S.R.L., Italy. JNIL states that DATASEL S.R.L. is a subsidiary of Neco Defence Munitions Private Limited, and while both are owned by the same promoter group, JNIL has no direct relation or transactions with DATASEL S.R.L. or Neco Defence Munitions Private Limited. Shri Anand Jayaswal is the only common director. JNIL emphasizes that any consequences arising from the reports will not have a financial impact on JNIL as DATASEL S.R.L. is not an associate, joint venture, or subsidiary of JNIL and operates independently. The company is making this disclosure voluntarily for transparency and advises stakeholders to rely only on verified information disseminated through authorized channels.

Jayaswal Neco Industries Ltd (JNIL) has submitted its Business Responsibility and Sustainability Report (BRSR) for the financial year 2025-26, in compliance with SEBI regulations. The report details the company's approach to Environmental, Social, and Governance (ESG) factors. JNIL highlights its investments in reducing ecological footprint through emission control, wastewater recycling, and afforestation programs. Socially, the company focuses on community development via education, healthcare, and skill-building initiatives, alongside fostering an inclusive workplace. Governance excellence is emphasized through transparency, accountability, and ethical leadership. The BRSR is also available on the company's website and forms part of the Annual Report.

Jayaswal Neco Industries Ltd has announced its 53rd Annual General Meeting (AGM) will be held on Saturday, September 12, 2026, at 12:30 PM IST. The meeting will be conducted exclusively through Video Conference (VC) or Other Audio Visual Means (OAVM). Key agenda items include the adoption of the Audited Financial Statements for FY 2025-26, the re-appointment of two directors retiring by rotation, and the re-appointment of M/s Chaturvedi & Shah LLP as Statutory Auditors for a second term until the 58th AGM in 2031. Additionally, the AGM will seek ratification of the remuneration for Cost Auditors, M/s Manisha & Associates, for the financial year ending March 31, 2027.