JINDAL STEEL & POWER LTD.

Jindal Steel Limited has released its Tax Transparency Report for the financial year 2025-26. The report details the company's commitment to integrity, transparency, and accountability in its tax practices, aligning with its ESG framework. For FY 2025-26, the company reported robust operational performance with 9.25 million tonnes of crude steel production and sales of 8.68 million tonnes, achieving Gross Revenue of ₹62,412 crore, EBITDA of ₹9,660 crore, and Profit After Tax of ₹3,361 crore. The report highlights a total contribution to the public exchequer of ₹11,348 crore, comprising direct taxes borne (Corporate Income Tax, Customs Duties, etc.) and indirect taxes collected and remitted (GST, TDS/TCS). The company emphasizes its adherence to applicable laws, sound commercial principles, and strong corporate governance, avoiding artificial tax planning.

Jindal Steel Ltd has announced the record date for its final dividend for the financial year 2025-26. The record date is set for Friday, August 21, 2026. This date will be used to determine which shareholders are entitled to receive the final dividend of ₹2 per equity share, representing 200% of the face value. The dividend has been recommended by the Board of Directors and is subject to declaration by the members at the upcoming Annual General Meeting. The company has also stated that this intimation is available on its website.

Jindal Steel Ltd has submitted its Business Responsibility and Sustainability Report (BRSR) for the financial year 2025-26, as mandated by SEBI regulations. The report, which forms an integral part of the company's Integrated Report, details its corporate identity, registered and corporate addresses, contact information for sustainability queries, and reporting boundaries (standalone basis). It also outlines business activities contributing to 95% of turnover, primarily in metal and metal products, and lists the markets served nationally and internationally. The company emphasizes its commitment to innovation, responsible corporate practices, and a diverse product portfolio catering to strategic sectors like defense, railways, and energy.

Jindal Steel Ltd (formerly Jindal Steel & Power Limited) has announced its 47th Annual General Meeting (AGM) scheduled for August 28, 2026, to be held via Video Conferencing. The company has submitted its Integrated Report for the Financial Year 2025-26, along with the AGM notice. The Record Date for determining shareholder eligibility for the final dividend has been set as August 21, 2026. Shareholders will have the facility for remote e-voting prior to and during the AGM. The report highlights key financial and operational metrics for FY26, including ₹62,412 Cr in gross revenue, ₹3,361 Cr in PAT, and 9.25 MT steel production volume.

Jindal Steel Limited has released the transcript of its Q1FY27 Earnings Conference Call held on July 25, 2026. The transcript, submitted as per SEBI regulations, provides details of discussions with institutional investors and analysts regarding the company's financial performance and outlook. The call featured senior management, including the Managing Director, COO, and CFO, along with other key executives. The document is available on the company's website.

Jindal Steel Ltd has received an order from the Additional Commissioner (Appeals), CT and GST, Cuttack, concerning the disallowance of input tax credit (ITC) claimed under the Odisha Value Added Tax Act, 2004, on capital goods and other items. The company is currently evaluating the order and plans to take necessary actions, including filing an appeal. The disputed VAT ITC is ₹5,69,02,242, with a potential penalty of ₹11,38,04,484. A pre-deposit of ₹56,90,224 is required for the appeal, which is refundable if the order is favorable. The company states the amounts are not material and will not significantly impact its financial or operational activities.

Jindal Steel Ltd announced the appointment of Ms. Aabha Bakaya and Mr. V. Sehgal as Additional Directors in the category of Non-Executive Independent Directors. Their appointments are for a term of two consecutive years, effective July 29, 2026, subject to shareholder approval. The company also noted the conclusion of the tenures of Independent Directors Mrs. Shivani Wazir Pasrich and Ms. Kanika Agnihotri on July 28, 2026, after their second terms. Both new appointees are confirmed not to be debarred from holding directorships by any authority. Detailed profiles and disclosures are provided in annexures.

Jindal Steel Ltd's Board of Directors met on July 24, 2026, approving the Un-audited Financial Results for Q1 FY27 on both standalone and consolidated basis. The board also approved key management changes, including the appointment of Mr. Vidya Rattan Sharma as Additional Director and Managing Director for two years, subject to shareholder approval. Mr. Sandeep Modi was appointed as Chief Financial Officer, and Mr. Rajiv Kumar as Chief Operating Officer. Additionally, S S Kothari Mehta & Co. LLP was appointed as Statutory Auditors for a five-year term. Mr. Sunil Agrawal will step down as interim CFO but continue to oversee the Finance function.

Jindal Steel Ltd's Board of Directors met on July 24, 2026, approving the unaudited financial results for Q1 FY27 on both standalone and consolidated basis. The board also approved key management appointments, including Mr. Vidya Rattan Sharma as Additional Director and Managing Director for two years, subject to shareholder approval. Mr. Sandeep Modi was appointed Chief Financial Officer, and Mr. Rajiv Kumar as Chief Operating Officer. Mr. Sukhjit S. Pasricha was appointed Head – Human Resources. Additionally, S S Kothari Mehta & Co. LLP was appointed as Statutory Auditors for a five-year term, pending member approval. Mr. Sunil Agrawal will step down as interim CFO but continue to oversee the finance function.

Jindal Steel Ltd announced that its Board of Directors, in a meeting held on July 24, 2026, approved the Unaudited Financial Results for the first quarter and three months ended June 30, 2026, on both standalone and consolidated basis. The board also approved the appointment of Mr. Vidya Rattan Sharma as Additional Director and Managing Director for a two-year term, subject to shareholder approval. Additionally, Mr. Sandeep Modi was appointed as Chief Financial Officer, Mr. Rajiv Kumar as Chief Operating Officer, and Mr. Sukhjit S. Pasricha as Head – Human Resources. S S Kothari Mehta & Co. LLP was appointed as Statutory Auditors for a five-year term. Mr. Sunil Agrawal will step down as interim CFO but continue overseeing the Finance function.