NSEPress Release1d ago · 4 Sept 2026, 05:50 pm

Press Release

Jayaswal Neco Industries Limited · JAYNECOIND

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Jayaswal Neco Industries Limited has issued a press release clarifying recent media reports concerning its subsidiary DATASEL S.R.L. in Italy, stating that the company does not have any transactions with DATASEL S.R.L. and that any consequences arising from the reports will not have a financial impact on JNIL.

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Earnings Impact2/10
Growth Catalyst1/10
Governance Concern3/10
Regulatory Risk2/10
Balance Sheet Risk1/10
Liquidity Impact8/10
Market Sentiment5/10

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Full Announcement

Jayaswal Neco Industries Limited has informed the Exchange regarding a press release dated September 04, 2026, titled "Press Release on "Clarification regarding Media Reports concerning DATASEL S.R.L., Italy.".

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JAYNECOIND3_04092026175021_pressrelease04092026_Datasel_SRL.pdf

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JAYASWAL NECO INDUSTRIES LIMITED CIN: L28920MH1972PLC016154 REGD.OFFICE : F-8,MIDCINDUSTRIAL AREA,HINGNA ROAD,NAGPUR-440016 (INDIA). PHONE : +91-7104-237276,237471,237472 FAX : +91-7104-237583,236255 I E-MAIL: contact@necoindia.com I Website: www.necoindia.com Dated: 4" September, 2026 National Stock Exchange ofIndia Limited BSE Limited Scrip Symbol: JAYNECOIND Scrip code: 522285 Through: NEAPS Through: BSE Listing Centre Dear Sir/ Madam, Subject: Press Release Please find enclosed a copy of the Press Release issued by the Company on "Clarification regarding Media Reports concerning DATASEL S.R.L., Italy". You are requested to take the same on record. Thanking you, Yours faithfully, For JAYASWAL NECO INDUSTRIES LIMITED 'f71/ · Ashish Srivastava [/2 Company Secretary & Compliance Officer \,N Membership No. A20141 '@;;/ Encl.: A/a CORPORATEOFFICE : BRANCHOFFICES: UnitNo.1804,18Floor, TRUSTHOUSE5WFloor, D-31,Central MIDCRoad,HingnaMIDC, "NECOHOUSE" D-307,DefenceColony, "OneLodhaPlace" 32-A,ChittaranjanAvenue, IndustrialArea,Nagpur-440016(India) NewDelhi-110024.(India) Senapati BapatMarg Kolkata-700012(India) Phone:0712-2373300 Phone:011-32041695 LowerParel,Mumbai-400013(India) Phone:033-22122368,22120502 FaxNo.:011-24642190 Phone:022-45164352 Fax:033-22122560 JAYASWAL NECO INDUSTRIES LIMITED CIN: L28920MH1972PLC016154 REGD.OFFICE : F-8,MIDCINDUSTRIAL AREA,HINGNA ROAD,NAGPUR-440016 (INDIA). PHONE : +91-7104-237276,237471,237472 z FAX: +91-7104-237583,236255 I E-MAIL: contact@necoindia.com I Website: www.necoindia.com Clarification Regarding Media Reports Concerning DATASEL S.R.L., Italy Jayaswal Neco Industries Limited (JNIL) is issuing this statement in response to recent media coverage concerning the Neco Group Entity "DATASEL S.R.L". DATASEL S.R.L. is a SubsidiaryofNeco Defence Munitions Private Limited. There is no direct relation of these Companies with Jayaswal Neco Industries Limited except that both these entities are owned by the same promoters group. Further, Shri Anand Jayaswal, Non Executive Director ofJNIL isthe only common director in DATASEL S.R.L. Further JNIL does not have anytransactionswith DATASEL S.R.L. and Neco Defence Munitions Private Limited. It is important to clarify to all the stakeholders that any consequences arising therefrom will not have any financial impact on JNIL, as the DATASEL S.R.L is not an associate/ joint venture/ subsidiary company of JNIL and operates independently. The Company is making this disclosure voluntarily, in the interest of transparency. The Company requests its shareholders, investors and the public at large to exercise due caution and not to rely. on or act upon unverified information, speculation or market rumours, and to refer only to information disseminated by the Company through authorised and regulatory channels. NAGPUR CORPORATEOFFICE : BRANCHOFFICES: UnitNo.1804,18"Floor, TRUSTHOUSE5"Floor, D-31,Central MIDCRoad,HingnaMIDC, "NECOHOUSE" D-307,DefenceColony, "OneLodhaPlace" 32-A,ChittaranjanAvenue, IndustrialArea,Nagpur-440016(India) NewDelhi-110024.(India) Senapati BapatMarg Kolkata-700012(India) Phone:0712-2373300 Phone:011-32041695 LowerParel,Mumbai-400013(India) Phone:033-22122368,22120502 FaxNo.:011-24642190 Phone:022-45164352 Fax:033-22122560