Copy of Newspaper Publication

SW Holdings Limited CorporntcOffice:JGWCentre, SandraKurlaComplex, Bandra(East),Mumbai-400051 CIN. : L67120MH2001PLC217751 Phone : +91 2242861000 Fax : +91 2242863000 Website www.jswholdings.in JSWHL/SECL/26-27/15 Email : jswcs.holdings@jsw.in July09, 2026 National StockExchangeofIndia Limited BSE Limited ExchangePlaza, Plotno. C/1,G Block, CorporateRelationshipDepartment, Bandra-KurlaComplex, PJ Towers, Dalal Street, Fort, Bandra (E), Mumbai-400051 Mumbai-400001 Symbol: JSWHL ScripCode: 532642 DearSir/Ma'am Sub: JSWHoldingsLimited: NewspaperAdvertisementoftheNoticeof25~AnnualGeneralMeeting-Disclosure under Regulation 47 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 ("SEBIListing Regulations") Pursuant to Regulation 47 of SEBI Listing Regulations, 2015, we are enclosing herewith the copies of newspaper advertisement published in Financial Express (English) and Mumbai Lakshdeep (Marathi),on Thursday, July 09, 2026 in compliance with Circulars issued by Ministry ofCorporate Affairs and Securitiesand Exchange Board ofIndia, intimating that 25~Annual General Meeting ofthe JSW Holdings Limited will be held on Thursday, August06, 2026 at 11.00 AM (IST)throughVideoConferencingIOtherAudioVisualMeans. Thisisforyourinformation and record Theaboveinformation isalsobeingmadeavailableonthewebsiteoftheCompany Thanking you Yourssincerely, ForJSWHoldings Limited AkshatChechani CompanySecretary& ComplianceOfficer Encl:a/a Regd.Office:VillageVasind, TalukaShahapur,DistrictThane-421 604 Phone : 02527-220022/25 JinpAL PartofO.PJindalGroup Fax : 02527-220020/84 WWW.FINANCIALEXPRESS.COM THURSDAY, JULY 9, 2026 COMPANIES FINANCIAL EXPRESS 5 APPROVALS FROM DGCAAND BCASAREAWAITED Premiumisation may lift telcos in Ql Regulatory delays cloud cargo STEADY PERFORMANCE RESULTS ■Airtel is expected to retain its airlines' shift to Navi Mumbai leadership onvalue metrics,with • · PREVIEW II , consolidated revenue estimated at 56,902 cr 1 AKBAR MERCHANT approvals,carriersarealsograp­ URVI MALVANIA Mumbai, July 8 IN LIMBO piing with operational readi­ Mumbai, July 8 ■Jio is likelyto continue dominating Jio ■ Four to five nessatthenewairport.Airlines on subscriberadditions Analysts expect INTERNATIONAL CARGO are inthe process offinalising INDIA'S TELECOM OPERA­ dedicated wirelessArpu ■ForVodafone Idea, analysts AIRLINES are stepping up crew accommodation and TORS are expected to report freighter to improve estimate consolidated revenue preparationstoshiftdedicated cateringarrangements,details anotherquarterofsteadyoper­ operators are • around of~11,511 er, Ebitda of~4,956 cr freighter operations from ofwhich have tobe submitted ating performance for the preparing to and a net loss of Mumbai's Chhatrapati Shivaji toauthoritiesbeforeclearances threemonthsendedJune,with 1.5-2% commence Maharaj InternationalAirport are issued,particularlyforfor­ customer premiumisation 5,351 cr operations from sequentially (CSMIA) to the Navi Mumbai eign crew. Sources also said continuing to drive average NMIAfrom InternationalAirport (NMIA), thereiscurrentlylimitedavail­ revenueperuser(Arpu)despite August 1 but delays in regulatory abilityoftrainedtechnicalper­ the absence of fresh tariff approvals have cast uncer­ sonnel and arrangements for hikes,analysts said. remain healthy despite the Airtel is expected to show ForVodafoneIdea,thefocus ■Airlines have ■ Currently, there tainty over whether the aircraftsparestosupportquick BhartiAirtel and Reliance absence oftariffhikes,reflect­ subscriber additions of 3-5 isexpectedtoremainonoper­ planned transition can begin applied for Airport security is limited maintenance requirements at Jioareexpectedtoposthealthy ing the ongoing shift towards millionforthequarter. ational recoveryand manage­ onschedulenextmonth. landing rights, passes can't be availability of NMIAduringthe initial phase subscriber additions, modest premium plans and higher WhileAirtel is expected to ment commentary, rather Accordingtopeopleawareof security issued until the trained technical ofoperations. expansion in operating mar­ datausage. lead on profitability metrics than headline earnings.Ana­ the developments,aroundfour clearances approvals are personnel and The transition is expected gins and continued momen­ Airtel is expected to retain such as Arpu and margins, lysts estimate consolidated tofivededicatedfreighteroper­ and other received, delaying arrangements for tobemorechallengingforair­ tuminhomebroadband.Mar­ its leadership on value met­ Reliance Jio is likely to con­ revenue of t11,511 crore, ators,primarilyfromWestAsia, operational transfer from CSMIA aircraft spares lines operating both passen­ kets will also watch out for rics,withtheStreetestimating tinue dominating on sub­ Ebitda of t4,956 crore and a Europe and SoutheastAsia,are approvals at NMIA ger and dedicated freighter managementcommentaryon its consolidated revenue at scriberadditions. netlossoft5,351croreforthe preparingtocommence opera­ services in Mumbai. While the timing of the next tariff 56,902 crore, Ebitda at "WeestimateJioPlatform's quarter. tionsfromNMIAfromAugust1, passengerflightswillcontinue hike, expected in the coming 32,350 crore and net profit (to report) net additions of "Vodafone Idea's revenue, subjectto receivingthe neces­ approvals come through, Several airlines have sub­ to operate from CSMIA, dedi­ months, as well as Vodafone at t8,426 crore for the June around 8 million subscribers reported Ebitda and cash saryregulatoryclearances.Air­ sourcessaid. mittedsecuritymanualstothe cated freighters are expected Idea's fund-raising plans and quarter. in the quarter,with the total Ebtidaareexpectedtogrowby lines have started setting up However, approvals from regulators to facilitate staff to move to NMIA, making it pace ofnetworkexpansion. "Bharti's(Airtel's)Arpumay subscriberbase likelyrisingto 1.8%, 1.7% and 3.5% q-o-q, officespacesandarecoordinat­ theDirectorateGeneralofCivil deploymentatNMIA.However, difficult to transfer cargo Industry-wide, analysts grow 4.8% y-o-y to t262, 532.4millionfrom524.4mil­ respectively,asArpu(including ingwith multiple stakeholders Aviation (DGCA) and the airport securitypasses cannot between freighters and the expect wireless Arpu to largelydrivenbypremiumisa­ lion at the end of 4QFY26;' machine-to-machine)islikely ahead of the move. Cathay Bureau ofCivilAviation Secu­ be issued until the approvals belly hold of passenger air­ improve around 1.5-2% tion benefits like upgrades analystsfromNomurasaid. to improve 1.9% q-o-q to Pacifichas alreadyannounced rity(BCAS)are awaited.Indus­ are received, delaying the craft.Industryexecutives said sequentially, helped by one from 2G to 4G/5G and 4G to The telecom company's 177, also aided by net sub­ that itwillrelocate its freighter try sources said airlines have transferand training ofexist­ the separation could particu­ additional day in the quarter 5G, higherpostpaid net adds Arpu is likelyto rise ~2-3 dur­ scriber (including M2M) gain operations to NMIA from applied for landing rights, ingpersonnelfromCSMIA.The larly affect time-sensitive and continued customer and data monetisation.It may ingthe quarterto t216-217, of0.3 million and 0.5 million August3,whilesomededicated securityclearances and other uncertainty has left airlines shipments such as pharma­ upgrades to higher-value rise 2%q-o-qdueto one more supported by customer MBB (mobilebroadband) sub­ freighteroperators from China operational approvals.Airport working towards an August ceuticals and perishables by plans.Onayear-on-yearbasis, dayinQ1FY27,'analysts from upgradesandhigherdatacon­ scriberaddition;'analystsfrom operating non-scheduled ser­ operatorAdaniisalsoworking launchwhile simultaneously increasinghandlingtime,road Arpu growth is expected to ICICI Securities said. sumption. JMFinancial said. vicescouldbeginflyingfromthe with the agencies to expedite preparingforpossibledelays. transfers and operational newairportasearlyasJul [Showing first 8,000 characters — download PDF for full document]