NSEUpdates25 Jun 2026 · 25 Jun 2026, 02:33 pm

Updates

Jindal Saw Limited · JINDALSAW

✦ AI Summary▲ PositiveRegulatory

Jindal Saw Limited has informed the Exchange that the American Petroleum Institute (API) has reinstated all of the Company's API licenses, allowing the Company to affix the API Monogram on its seamless pipes, enabling it to resume the manufacture and supply of certified seamless pipes to global oil and gas majors, participate in tenders, and safeguard its core revenue streams.

Analysis Scores

Earnings Impact8/10
Growth Catalyst6/10
Governance Concern1/10
Regulatory Risk2/10
Balance Sheet Risk1/10
Liquidity Impact9/10
Market Sentiment8/10

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Full Announcement

Jindal Saw Limited has informed the Exchange regarding 'Update of API License of the Company'.

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JINDALSAW_25062026143325_DisclosureAPI2506.pdf

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25th June, 2026 BSE Limited National Stock Exchange of India Limited, Corporate Relation Department Listing Department, 1st Floor, New Trading Ring Exchange Plaza, Rotunga Building Phiroze Jeejeebhoy Towers Bandra Kurla Complex Dalal Street, Bandra (East) Mumbai - 400 001 Mumbai – 400 051 Stock code: 500378 Stock code: JINDALSAW Sub.: Intimation under SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 – an update of API License of the Company. Dear Sir / Madam, Pursuant to the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 (SEBI Regulation 2015) and in continuation to our earlier disclosure dated 18th February, 2026, we are pleased to inform you that the Company has successfully demonstrated all necessary corrective and preventive measures addressing the NCs to the complete satisfaction of the American Petroleum Institute (API). Consequently, the American Petroleum Institute (API) has reinstated all of the Company's API licenses, thereby authorizing the Company to affix the API Monogram on its seamless pipes. A disclosure pursuant to the SEBI (LODR) Regulations, 2015 is attached as Annexure A. We request you to kindly take the above information on record. Thanking you, Yours faithfully, For Jindal Saw Limited, Sunil K Jain Company Secretary FCS- 3056 Annexure A Sr No Particulars Responses a) Name of regulatory or licensing authority American Petroleum Institute (“API”) b) Brief details of the approval/ license obtained/ Reinstatement of API licenses for withdrawn / surrendered seamless pipe facility effective from 24th June, 2026. c) Impact/ relevance of such approval / licence to The use of the API Monogram enables the listed entity the Company to resume the manufacture and supply of certified seamless pipes to global oil and gas majors, participate in tenders, and safeguard its core revenue streams. d) Withdrawal/ cancellation or suspension of Not applicable licence/ approval by the regulatory or licencing authority. With reasons for such action. Estimated impact (monetary or otherwise) on the listed entity and penalty, if e) Period for which such approval/ licence is / Till 24th June, 2029 was valid f) Subsequently, the listed entity shall inform the Not applicable stock exchange(s), the actual impact (monetary or otherwise) along with corrective actions taken by the listed entity pursuant to the withdrawal, cancellation or suspension of the key licence approval