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