The Exchange has received the disclosure under Regulation 29(2) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011 for JSL Overseas Holding Ltd & PAC

JSL Overseas Holding Limited 6th Floor, Two Tribeca, Tribeca Central, Trianon 72261, Mauritius Tel: (230) 467 3000 Fax: (230) 467 4000 24 September2026 National Stock Exchange of India Ltd. BSE Ltd. -1, Block G, Phiroze Jeejeebhoy Towers, Bandra-Kurla Complex, Bandra (E), Dalal Street, Mumbai -400 051 Mumbai -400 001 takeover@nse.co.in corp.relations@bseindia.com Scrip Code: JSL Scrip Code: 532508 Sub: Disclosure under Regulation 29(2) of the Securities and Exchange Board of India SAST Regulations, 2011 Dear Sir, In terms of the provisions of Regulation 29(2) of the SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011, please find attached herewith the requisite disclosure in respect of purchase of equity shares of Jindal StainlessLimitedby JSL OverseasHoldingLimitedfromopen market. Thanking you. Yours sincerely, For JSL OverseasHoldingLimited Mooneshwaree Lalbeharry Director Encl.: As mentioned above The Company Secretary Jindal StainlessLimited Jindal Centre 12, Bhikaiji Cama Place New Delhi navneet@jindalstainless.com JSL Overseas Holding Limited 6th Floor, Two Tribeca, Tribeca Central, Trianon 72261, Mauritius Tel: (230) 467 3000 Fax: (230) 467 4000 Format for disclosures under Regulation 29(2) of SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011 Name of the Target Company (TC) Jindal Stainless Limited Name(s) of the acquirer and Persons Acting in Acquirer : JSL Overseas Holding Limited Concert (PAC) with the acquirer PAC as per list attached at Annexure -1 Whether the acquirer belongs to Yes belongs to promoter group Promoter/Promoter group Name(s) of the Stock Exchange(s) where the 1. National Stock Exchange of India Limited shares of TC are Listed (NSE) 2. BSE Limited (BSE) Details of the acquisition / disposal as follows Number % w.r.t. total % w.r.t. share/voting total diluted capital share/voting wherever capital of applicable(*) the TC (**) Before the acquisition under consideration, holding of : 14,43,02,316 17.50 17.50 a) Shares carrying voting rights b) Shares in the nature of encumbrance Nil Nil Nil (pledge/lien/non-disposal undertaking /others) c) Voting rights (VR) otherwise than by Nil Nil Nil shares d) Warrants/convertible securities/any other instrument that entitles the acquirer to Nil Nil Nil receive shares carrying voting rights in the TC (specify holding in each category) e) Total (a+b+c+d) 14,43,02,316 17.50 17.50 Details of acquisition/sale a) Shares carrying voting rights acquired/ 2,12,382 0.03 0.03 sold b) VRs acquired otherwise than by shares Nil Nil Nil c) Warrants/convertible securities/any other instrument that entitles the acquirer to Nil Nil Nil receive shares carrying voting rights in the TC (specify holding in each category) acquired/sold. d) Shares encumbered /invoked/released by the acquirer Nil Nil Nil JSL Overseas Holding Limited 6th Floor, Two Tribeca, Tribeca Central, Trianon 72261, Mauritius Tel: (230) 467 3000 Fax: (230) 467 4000 e) Total (a+b+c+d) 2,12,382 0.03 0.03 After the acquisition/sale, holding of: a) Shares carrying voting rights 14,45,14,698 17.53 17.53 b) Shares encumbered with the acquired Nil Nil Nil c) VRs otherwise than by equity shares Nil Nil Nil d) Warrants/convertible securities/any other Nil Nil Nil instrument that entitles the acquirer to receive shares carrying voting rights in the TC (specify holding in each category) after acquisition e) Total (a+b+c+d) 14,45,14,698 17.53 17.53 Mode of acquisition/sale (e.g. open market / off- Market purchase. market / public issue / rights issue /preferential allotment / inter-se transfer etc.) Date of acquisition / sale of shares / VR or date 212382 shares on 22.09.2026 of receipt of intimation of allotment of shares, whichever is applicable Equity share capital / total voting capital of the Rs. 1648839176/- divided into 824419588 equity TC before the said acquisition/sale shares of Rs.2/- each. Equity share capital/ total voting capital of the Rs. 1648839176/- divided into 824419588 equity TC after the said acquisition/sale shares of Rs.2/- each. Total diluted share/voting capital of the TC after Rs. 1648839176/- divided into 824419588 equity the said acquisition/sale shares of Rs.2/- each. Note: (*) Total share capital/voting capital to be taken as per the latest filing done by the company to the stock exchange. (**) Diluted share/voting capital means the total number of shares in the TC assuming full conversion of the outstanding convertible securities/warrants into equity shares of the TC. For JSL Overseas Holding Limited Mooneshwaree La lbeharry Director 24 September 2026