General Updates

JAYASWAL NECO INDUSTRIES LIMITED CIN: L28920MH1972PLC016154 REGO.OFFICE : F-8,MIDCINDUSTRIAL AREA,HINGNA ROAD,NAGPUR-440016 (INDIA). PHONE: +91-7104-237276,237471,237472 FAX : +91-7104-237583,236255 I E-MAIL : contact@necoindia.com I Website: www.necoindia.com 1"October,2026 National StockExchangeofIndia Limited BSELimited Scrip Symbol:JAYNECOIND Scrip Code: 522285 Through: NEAPS Through: BSE ListingCentre Subject: Intimation under Regulation 30 of the SEBI {Listing Obligations and Disclosure Requirements) Regulations, 2015("Listing Regulations"). DearSir/Madam, In furtheranceof ourearlier intimation dated 25"April, 2026, regardingthesetting upof new 1.50 MnTPA Straight-Grate Pellet Plant along with new Raw Material Handling System and other associate facilities within the Company's Integrated Steel Plant Complex at Siltara, Raipur (Chhattisgarh), we hereby inform you that the Company has achieved financial closure and has received approvalfrom alltheexistinglendersforthesaid project. The updated details required to be disclosed pursuant to Para A of Schedule Ill of Listing Regulations read with the SEBI Master Circular No. HO/49/14/14(7)2025 CFD-POD2/l/3762/2026 datedJanuary30, 2026, aregiven inAnnexureAtothis letter. This isforyourkind information and record. ThankingYou, Yours faithfully, ForJayaswal Neco IndustriesLimited Ashish Srivastava CompanySecretary&ComplianceOfficer Membership No. A20141 CORPORATEOFFICE: BRANCHOFFICES: UnitNo.1804,18"Floor, TRUSTHOUSE5Floor, D-31,Central MIDCRoad,HingnaMIDC, "NECOHOUSE" D-307,DefenceColony, "OneLodhaPlace" 32-A,ChittaranjanAvenue, IndustrialArea,Nagpur-440016(India) NewDelhi-110024.(India) Senapati BapatMarg Kolkata-700012(India) Phone:0712-2373300 Phone:011-32041695 LowerParel,Mumbai-400013 (India) Phone:033-22122368,22120502 FaxNo.:011-24642190 Phone:022-45164352 Fax:033-22122560 AnnexureA Sr. Particulars Details 1. Existingcapacity; (Pellet Plant) Operating 1.5 MnTPAPellet Plant 2. Existingcapacity utilization; Around 90% 3. Proposed capacityaddition; 1.50 MnTPA Straight-Grate Pellet Plant alongwith new RawMaterialHandlingSystem and otherfacilities 4. Period within which the proposed 24 Months of Construction Period commencing from capacity isto beadded; thedateoffirstdrawdownoftheTerm Debt,whichisyet to materialise. 5. Investment required; Appraised Project Cost: Around Rs. 720.00Crores 6. Modeoffinancing; Appraised: a. SanctionedTerm Debt: Rs. 540.00Crores b. Equity &InternalAccruals: Rs. 180.00Crores 7. Rationale For undertakingcrucial business expansion and use of Iron Orefromthe captive Iron ore mines. 8. Others The Company has achieved financial closure and has received approval from allthe existing lenders for the project.