Press Release

July 17, 2026 BSE Limited National Stock Exchange of India Ltd. Corporate Relationship Department, E x c h a n g e P l a z a , 5 t h F l o o r, 1st Floor, New Trading Ring, P l o t n o . C / 1 , G B l o c k Rotunda Building, P J Towers, B a n d r a - K u r l a C o m p l e x , B andra (E), Dalal Street, Fort, Mumbai – 400 001 Mumbai-400051 Ph. 022 - 2272 3121, 2037, 2041, Ph. 022 -2659 8237, 8238, 8347, 8348 Email: corp.relations@bseindia.com Email: cmlist@nse.co.in Security Code No.: 532508 Security Code No. : JSL Sub.: Press Release Dear Sir(s), We are enclosing herewith a copy of Press Release being issued by the Company today. Kindly host the same on your website and acknowledge receipt of the same. Thanking You. For Jindal Stainless Limited Navneet Raghuvanshi Head-Legal, Company Secretary & Compliance Officer Enclosed as above Press Release Jindal Stainless supplies stainless steel for India's first hydrogen-powered train, advances cleaner and smarter mobility • Supplied about 40% of the total stainless steel requirement for coach bodies • Reinforces stainless steel's role in enabling cleaner, safer and more energy-efficient mobility for an Atmanirbhar Bharat National, July 17, 2026: Reinforcing its contribution to India's next generation of sustainable mobility, Jindal Stainless, India's leading stainless steel manufacturer, has supplied about 40% of the total stainless steel requirement for India's first hydrogen-powered train. The premium austenitic stainless steel grade X5CrNi1810, exclusively supplied by Jindal Stainless’ Jajpur and Hisar plants, has been used in the fabrication of the hydrogen train. Equipped with a hydrogen propulsion system, the train represents a significant step in Indian Railways' efforts towards adopting green mobility solutions. Stainless steel has emerged as the preferred material for modern railway coaches owing to its unique combination of corrosion resistance, crash-worthiness, high strength-to-weight ratio, fire and impact resistance, durability, and recyclability. Its lightweight properties also contribute to improved energy efficiency, making it particularly well-suited for emerging mobility solutions such as hydrogen-powered trains. Commenting on the development, Managing Director, Jindal Stainless, Mr Abhyuday Jindal said, “The future of mobility will be defined not only by cleaner sources of energy but also by advanced materials that make these technologies more efficient, durable and sustainable. We are proud to contribute to India's first hydrogen-powered train, an important milestone in the country's clean mobility journey and its vision of Atmanirbhar Bharat. Stainless steel has consistently demonstrated its value in railway applications through its strength, corrosion resistance, safety and lifecycle performance. As India accelerates the development of next- generation transport infrastructure, we remain committed to delivering material solutions that enable innovation, sustainability and long-term value.” Jindal Stainless has been a supplier to Indian Railways for more than three decades, supplying stainless steel for several landmark projects, including the first LHB coaches, the Vande Bharat Sleeper, and India's first Vande Metro train among other metro and inter-city train sets. The company is also a regular supplier of material to wagon bodies, including the country's first corrosion-resistant stainless steel salt containers for freight transportation. The company's growing contribution to advanced railway applications reflects the increasing adoption of stainless steel as the material of choice for safe, durable and sustainable transportation infrastructure. Hydrogen-powered trains have the potential to play an important role in decarbonising rail transport globally by combining zero emissions with lower operating noise and improved energy efficiency. The use of lightweight, corrosion-resistant stainless steel further enhances these benefits by reducing lifecycle costs while improving operational performance. The development further reinforces the growing role of stainless steel in shaping the future of transportation in India. From high-speed rail and metro systems to hydrogen-powered mobility, the metal continues to support infrastructure that delivers superior lifecycle performance, enhanced safety and lower environmental impact. About Jindal Stainless India’s leading stainless steel manufacturer, Jindal Stainless, had an annual turnover of INR 42,955 crore (USD 4.86 billion) in FY26 and is ramping up its facilities to reach 4.2 million tonnes of annual melt capacity in FY27. It has 16 stainless steel manufacturing and processing facilities in India and abroad, including in Spain and Indonesia, and a worldwide network in 12 countries, as of March 2026. In India, there are ten sales offices and six service centres, as of March 2026. The company’s product range includes stainless steel slabs, blooms, coils, plates, sheets, precision strips, wire rods, rebars, blade steel, and coin blanks. Jindal Stainless relies on its integrated operations to enhance its cost competitiveness and operational efficiency. Founded in 1970, Jindal Stainless continues to be inspired by a vision for innovation and enriching lives and is committed to social responsibility. Jindal Stainless remains focused on a greener and sustainable future. The company manufactures stainless steel using electric arc furnace, a process that significantly reduces greenhouse gas emissions and allows for recyclability of scrap without compromising on quality. Follow Jindal Stainless on: Website- https://www.jindalstainless.com/press-releases X- https://x.com/Jindal_Official Facebook- www.facebook.com/JindalStainlessOfficial LinkedIn- www.linkedin.com/company/jindal-stainless/ MD, Jindal Stainless, LinkedIn handle- https://www.linkedin.com/in/abhyuday-jindal/ MD, Jindal Stainless, X handle- https://x.com/abhyudayjindal Connect with Jindal Stainless: Sonal Singh | sonal.singh@jindalstainless.com | 011-41462140 Aanchal Wadhwa | anchal.wadhwa@jindalstainless.com | 011-41462129 Abreshmina Sayeed Quadri | abreshmina.quadri@jindalstainless.com | 011-41462130