JINDAL STAINLESS LTD.

Jindal Stainless Ltd has appointed Mr. Kunjal Mehta as Senior Management Personnel, effective June 1, 2026, following the Board of Directors' approval on June 1, 2026. Mr. Mehta's candidature for the position of Chief Financial Officer will be considered by the Nomination & Remuneration Committee, Audit Committee, and Board of Directors at upcoming meetings. Mr. Mehta is a qualified Chartered Accountant and Cost Accountant with over 25 years of experience, previously serving as CFO at Adani Energy Solutions Limited.

Rohit Tower Building Ltd, a promoter group entity of Jindal Stainless Limited, disclosed the sale of shares of Jindal Stainless Limited under Regulation 29(2) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011. Before the sale, Rohit Tower Building Ltd held 92,040 shares (0.01%) of Jindal Stainless. Post-sale, their holding is 0.00%. The sale was executed via open market. The equity share capital of Jindal Stainless before and after the sale remains at ₹1,64,88,39,176.

Mansarover Tradex Ltd, a promoter group entity of Jindal Stainless Ltd, has increased its shareholding in the company. The acquisition, made through open market purchases, resulted in an increase of 92,040 shares, raising their stake from 1.36% to 1.37% of the total share/voting capital. The transaction was executed on May 20, 2024.

Jindal Stainless Ltd has released a corporate presentation pursuant to Regulation 30 of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015. The presentation, available on the company's website, is for informational purposes only and does not constitute an offer to sell or deal with the company's securities. It contains forward-looking statements and is subject to change without notice. The company does not guarantee the accuracy or completeness of the information provided.

Jindal Stainless' Hisar plant has been awarded the Zero Waste to Landfill (ZWTL) certification with a Platinum+ rating by Bureau Veritas India Pvt. Ltd. The facility achieved a 99.99% waste diversion rate in FY24-25, recycling, reusing, or recovering nearly all waste. Jindal Stainless had an annual turnover of INR 42,955 crore (USD 4.86 billion) in FY26 and is ramping up its facilities to reach 4.2 million tonnes of annual melt capacity in FY27.

Jindal Stainless Ltd's board approved the audited financial results for the year ended March 31, 2026, with an unmodified opinion from joint statutory auditors M/s Walker Chandiok & Co., LLP and M/s. Lodha & Co., LLP. The board recommended a final dividend of ₹3 per equity share, subject to shareholder approval. The total dividend for FY26 amounts to ₹4 per share, including an interim dividend of ₹1. The meeting, which commenced at 12 Noon and concluded at 03:35 P.M., also addressed the publication of financial results as per SEBI Listing Regulations.

Jindal Stainless Ltd announced its financial results for FY26, reporting a consolidated net revenue of ₹42,955 crore, up 9.3% Y-o-Y. EBITDA stood at ₹5,560 crore, a 19.2% increase, and PAT rose by 27.4% to ₹3,185 crore. The company's finished goods sales volume reached 25,65,902 tonnes, an 8.1% increase Y-o-Y. The Board recommended a final dividend of ₹3 per share, bringing the total dividend to ₹4 per share. The consolidated net debt-to-equity ratio improved to 0.15. The company commissioned a 1.2 MTPA stainless steel melt shop in Indonesia.

Jindal Stainless Ltd's board approved the audited financial results for the year ended March 31, 2026, on both standalone and consolidated bases. The board recommended a final dividend of ₹3 per equity share, subject to shareholder approval. Including an interim dividend of ₹1, the total dividend for FY26 is ₹4 per share. Auditors Walker Chandiok & Co. LLP and Lodha & Co. LLP issued an unmodified opinion on the financial results.

Jindal Stainless Ltd's board approved the audited financial results for the year ended March 31, 2026, on both standalone and consolidated bases. The board recommended a final dividend of ₹3 per equity share, subject to shareholder approval. Including an interim dividend of ₹1, the total dividend for FY26 is ₹4 per share. The auditors, Walker Chandiok & Co. LLP and Lodha & Co. LLP, issued an unmodified opinion on the financial results.

Jindal Stainless Ltd has granted 3,80,430 stock options to eligible employees under the 'JSL- Employee Stock Option Scheme 2023'. The grant, approved by the Nomination and Remuneration Committee on May 1, 2026, includes 1,90,215 Employee Stock Options (ESOPs) and 1,90,215 Restricted Stock Units (RSUs). The exercise price for ESOPs is ₹383.70, while for RSUs, it is the face value of ₹2 per share. These options vest according to the vesting schedule and are exercisable within four years of vesting.