Disclosure regarding full redemption of NCDs.

September 28, 2026 BSE Limited National Stock Exchange of India Ltd. Listing Department, L i s t i n g Department, 1st Floor, New Trading Ring, E x c h a n g e P l a z a , 5 t h F l oor, Rotunda Building, P J Towers, P l o t n o . C / 1 , G B l o c k Dalal Street, Fort, Bandra-Kurla Complex, Bandra (E), Mumbai – 400 001 Mumbai-400051 Email: corp.relations@bseindia.com Email: cmlist@nse.co.in Security Code No.: 532508 Security Code No.: JSL Subject:Disclosure pursuant to Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015-Full redemption of 990 no. of Listed, Rated, Secured, Redeemable Non- Convertible Debentures issued by Jindal Stainless Limited (“the Company”). Dear Sir/Ma’am, We wish to inform you that in compliance with the terms of issuance of 990 Listed, Rated, Secured, Redeemable Non- Convertible Debentures (“NCDs”), the Company has today i.e. September 28, 2026 fully redeemed the 990 NCDs issued under ISIN: INE220G07127 having face value of Rs. 10,00,000/- each (“NCDs”) at a price of Rs. 10,00,000 per NCD. Accordingly, the detailed disclosure as required under Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, read with SEBI Circular HO/49/14/14(7)2025- CFD-POD2/I/3762/2026 dated January 30, 2026 is enclosed as Annexure-1. You are requested to take the above information on record. Thanking you, Yours faithfully, For Jindal Stainless Limited Navneet Raghuvanshi Head-Legal, Company Secretary & Compliance Officer Enclosed as above Annexure I Disclosure of information pursuant to Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 read with SEBI Circular HO/49/14/14(7)2025- CFD-POD2/I/3762/2026 dated January 30, 2026. Sl. Particulars Full Redemption of Non-Convertible No. Debentures a. type of securities proposed to be issued (viz. Not Applicable equity shares, convertibles etc.); b. type of issuance (further public offering, rights Not Applicable issue, depository receipts (ADR/GDR), qualified institutions placement, preferential allotment etc.); c. total number of securities proposed to be issued Not Applicable or the total amount for which the securities will be issued (approximately); d. in case of preferential issue the listed entity shall Not Applicable disclose the following additional details to the stock exchange(s): i. names of the investors; ii. post allotment of securities - outcome of the subscription, issue price / allotted price (in case of convertibles), number of investors; iii. in case of convertibles - intimation on conversion of securities or on lapse of the tenure of the instrument e. in case of bonus issue the listed entity shall Not Applicable disclose the following additional details to the stock exchange(s): i. whether bonus is out of free reserves created out of profits or share premium account; ii. bonus ratio; iii. details of share capital - pre and post bonus issue; iv. free reserves and/ or share premium required for implementing the bonus issue; v. free reserves and/ or share premium available for capitalization and the date as on which such balance is available; vi. whether the aforesaid figures are audited; vii. estimated date by which such bonus shares would be credited/dispatched. f. in case of issuance of depository receipts Not Applicable (ADR/GDR) or FCCB the listed entity shall disclose following additional details to the stock exchange(s): i. name of the stock exchange(s) where ADR/GDR/FCCBs are listed (opening – closing status) / proposed to be listed; ii. proposed no. of equity shares underlying the ADR/GDR or on conversion of FCCBs; iii. proposed date of allotment, tenure, date of maturity and coupon offered, if any of FCCB’s; iv. issue price of ADR/GDR/FCCBs (in terms of USD and in INR after considering conversion rate); v. change in terms of FCCBs, if any; vi. details of defaults, if any, by the listed entity in payment of coupon on FCCBs & subsequent updates in relation to the default, including the details of the corrective measures undertaken (if any); g. in case of issuance of debt securities or other non Not Applicable convertible securities the listed entity shall disclose following additional details to the stock exchange(s): i. size of the issue; ii. whether proposed to be listed? If yes, Not Applicable name of the stock exchange(s); iii. tenure of the instrument - date of Not Applicable allotment and date of maturity iv. coupon/interest offered, schedule of Not Applicable payment of coupon/interest and principal; v. charge/security, if any, created over the Not Applicable assets; vi. special right/interest/privileges attached Not Applicable to the instrument and changes thereof; vii. delay in payment of interest / principal Not Applicable amount for a period of more than three months from the due date or default in payment of interest / principal; viii. details of any letter or comments Not Applicable regarding payment/non-payment of interest, principal on due dates, or any other matter concerning the security and /or the assets along with its comments thereon, if any; ix. details of redemption of preference Full redemption of 990 no. of NCDs shares indicating the manner of having face value of Rs. 10,00,000/- each redemption (whether out of profits or out (“NCDs”) at a price of Rs. 10,00,000 per of fresh issue) and debentures; NCD. h. any cancellation or termination of proposal for Not Applicable issuance of securities including reasons thereof