JINDAL STAINLESS LTD.

JSL Overseas Holding Limited, a promoter group entity of Jindal Stainless Limited, acquired 9,97,696 equity shares of Jindal Stainless Limited through open market purchases. These acquisitions took place on September 16 and 17, 2026. This disclosure was made under Regulation 29(2) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011. As a result of these purchases, the promoter group's total shareholding in Jindal Stainless Limited increased from 17.28% to 17.40%. The equity share capital of Jindal Stainless Limited remains ₹1648.84 million, comprising 824.42 million shares of ₹2 each.

Jindal Stainless has been formally recognized by the National Council for Vocational Education and Training (NCVET) as an Awarding Body. This agreement allows the company to develop and offer government-recognized, industry-led qualifications and certification programs aligned with the evolving skill needs of the stainless steel sector. The first approved qualification is for a 'Stainless Steel Decorative Pipe & Tube Manufacturing Operator' at NSQF Level 4. This recognition strengthens Jindal Stainless' role in building a skilled talent pipeline and enhancing workforce readiness through its Stainless Academy initiative, fostering collaboration between industry, academia, and government.

Jindal Stainless Ltd has received an ESG rating of 'Crisil ESG 63' and a Core ESG rating of 'Crisil Core ESG 65' from Crisil ESG Ratings & Analytics Limited. The rating was independently prepared by Crisil ESG Ratings based on publicly available information, and Jindal Stainless Ltd did not engage Crisil for this assessment. This disclosure is made pursuant to SEBI Listing Regulations.

JSL Overseas Holding Limited, a promoter group entity, has acquired an additional 619,678 equity shares of Jindal Stainless Limited through open market purchases. This transaction, occurring on September 11th and 15th, 2026, represents a minor increase of 0.08% in their shareholding. Following the acquisition, JSL Overseas Holding Limited's total stake in Jindal Stainless Limited stands at 17.28%, amounting to 14,24,43,067 shares. The acquisition was conducted via market purchases, and the total share capital of Jindal Stainless Limited remains unchanged.

Jindal Stainless has successfully deployed SAP Ariba Supplier Risk with ESG capabilities to enhance its supplier management. This technology-enabled framework allows for continuous monitoring, risk scoring, and improved transparency across its procurement ecosystem. The initiative moves from periodic, manual assessments to a digital-first model, enabling earlier identification of risk signals and more informed sourcing decisions. This integration aligns with the company's digital transformation and sustainability goals, strengthening governance and responsible sourcing practices, including support for MSMEs.

JSL Overseas Holding Limited, a promoter group entity, has acquired 641,817 equity shares of Jindal Stainless Limited through open market purchases. This acquisition, executed on September 3rd and 4th, 2026, represents a 0.08% increase in its shareholding. Following the transaction, JSL Overseas Holding Limited's total holding in Jindal Stainless Limited stands at 141,823,389 shares, constituting 17.20% of the total share capital. The disclosure was made in accordance with SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011.

Jindal Stainless Ltd has signed a Technical Assistance Agreement with Japan's JFE Steel Corporation to enhance its manufacturing capabilities for specific ferritic stainless steel grades. This collaboration aims to improve product quality, manufacturing practices, and process efficiency. The agreement is strategic, given the accelerating global demand for stainless steel across various sectors like automotive, infrastructure, and railways, driven by its corrosion resistance and durability. Ferritic stainless steel is identified as a key growth segment due to its cost-efficiency and sustainability. Jindal Stainless, with a turnover of ₹42,955 crore in FY26 and a melt capacity of 4.2 million tonnes, seeks to leverage JFE Steel's expertise to strengthen its market position and deliver greater customer value.

Jindal Stainless Limited has filed a corporate presentation pursuant to SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The presentation, available on the company's website, provides information on the company's financial conditions, operations, and future projections. It includes a disclaimer stating that the content is for informational purposes only and not an offer to buy or sell securities. The presentation covers sector dynamics, diversified applications, core strengths, ESG initiatives, financials, and annexures. It also contains forward-looking statements subject to risks and uncertainties.

Jindal Stainless has been honored with two awards at the People Matters Infini-T Awards 2026, securing a Gold Award in the HR Operations category and a Silver Award in Digital Adoption & Change Leadership. These accolades recognize the company's successful digital transformation of its HR operations across 17 entities, impacting over 12,700 employees. The initiative focused on creating a digitally enabled, scalable, and employee-centric HR ecosystem, enhancing operational efficiency and employee experience. Key outcomes include a significant reduction in time-to-hire, optimized recruitment costs, a substantial increase in employee satisfaction from HR processes (45% to 87%), and a rise in eNPS to 64. The company also implemented a 24x7 AI-enabled HR assistant and streamlined HR service delivery, reducing helpdesk tickets by 91%.

Jindal Stainless released its FY26 Integrated Report, 'The Metal of Progress. The Strength of Tomorrow,' outlining a strategy for sustainable growth and future-ready manufacturing. The report emphasizes material durability, lifecycle value, and recyclability for India's infrastructure ambitions. Key achievements include commissioning a 1.2 MTPA stainless steel melt shop in Indonesia, increasing global melting capacity to 4.2 MTPA, and securing its first commercial aerospace order. Financially, FY26 saw consolidated revenue of ₹42,955 crore, EBITDA grow 19.2% to ₹5,560 crore, and Profit After Tax increase 27.4% to ₹3,185 crore. Finished goods sales volume hit a record 2.57 million tonnes. Sustainability efforts included advancing a 315.6 MW solar-wind hybrid project, with renewables accounting for 47% of electricity consumption at key facilities. The company also progressed towards emission reduction targets and expanded CSR and consumer engagement initiatives.