Pendency of Litigation(s)/dispute(s) or the outcome impacting the Company

VISL/SEC./SE/2026-27/44 October 01, 2026 To To BSE Limited, National Stock Exchange of India Limited, Phiroze Jeejeebhoy Towers Exchange Plaza, C-1, Block – G, Dalal Street, Fort Bandra Kurla Complex, Bandra (E), Mumbai - 400 001 Mumbai – 400 051 BSE Scrip Code: 544784 NSE Scrip Code: VISL Sub: Disclosure under Regulation 30 of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015, as amended Dear Sir/Ma’am This is further to our intimation vide reference no. VISL/SEC./SE/2026-27/19 dated July 30, 2026. Pursuant to Regulation 30 read with Sub-para (8) of Para B of Part A of Schedule III of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015, as amended, to inform you that ESL Steel Limited (“ESL”), a subsidiary of Vedanta Iron And Steel Limited (“VISL”), has received an Adjudication Order vide its letter PO/ADJ/08-2026/RN/02789 dated August 27, 2026 received on September 30, 2026 at around 10:01 PM IST under Section 454 of the Companies Act, 2013 in respect of violation of Section 197(15) read with Rule 5 of the Companies (Appointment and Remuneration of Managerial Personnel) Rules, 2014. The said matter pertains to the erstwhile management of the Company and relates to the financial years 2015- 16 to 2017-18. Pursuant to the said adjudication order, ESL is exempted from penalty in terms of Section 32A of the Insolvency and Bankruptcy Code, 2016. The said adjudication order concludes the adjudication proceedings. The details as required to be provided under Regulation 30 and sub-para 8 of Para B of Part A of Schedule III of the SEBI Listing Regulations, read with SEBI Master Circular No. SEBI circular HO/49/14/14(7)2025-CFD- POD2/I/3762/2026 dated January 30, 2026, are enclosed as “Annexure I”. We request you to please take the above on record. Thanking You, Yours faithfully, For VEDANTA IRON AND STEEL LIMITED Tina Lakhani Company Secretary & Compliance Officer Encl.: As above VEDANTA IRON AND STEEL LIMITED Sesa Ghor, 20 EDC Complex, Patto, Panjim, Goa – 403 001, India T +91 832 6713601 | Website: www.vedantaironandsteel.com Email- ContactUs.VISL@vedanta.co.in Registered Office: C-103, Atul Projects, Corporate Avenue New Link, Chakala MIDC, Mumbai, Maharashtra-400093 CIN: L24109MH2023PLC411777 Annexure I Disclosure under Regulations 30 of the LODR read with Schedule III of the LODR and the Master Circular no. HO/49/14/14(7)2025-CFD-POD2/I/3762/2026 issued by SEBI on January 30, 2026 Sr. Particulars Details 1. Section/Provision Section197(15) read with Rule 5 of Companies (Appointment and Remuneration of Managerial Personnel) Rules, 2014 2. Reference No. PO/ADJ/08-2026/RN/02789 3. Date of Adjudication Order August 28, 2026 4. Financial Year / Period to which Matter Relates FY 2015-16 to FY 2017-18 5. Brief Particulars of Alleged Non-Compliance Alleged non-disclosure of ratio of directors’ remuneration to median employee remuneration and other prescribed disclosures in Board’s Report/Corporate Governance Report. 6. Proposed Penalty on ESL (₹) Pursuant to the order for adjudication, ESL is exempted from penalty in terms of section 32 A of the Insolvency and Bankruptcy Code, 2016. 7. Proposed Penalty on Individuals (₹) Ex-Director and Ex-KMP’s have accepted the penalty as mentioned in the notices and undertake to remit the same as may be directed by the Hon'ble Adjudicating Officer. VEDANTA IRON AND STEEL LIMITED Sesa Ghor, 20 EDC Complex, Patto, Panjim, Goa – 403 001, India T +91 832 6713601 | Website: www.vedantaironandsteel.com Email- ContactUs.VISL@vedanta.co.in Registered Office: C-103, Atul Projects, Corporate Avenue New Link, Chakala MIDC, Mumbai, Maharashtra-400093 CIN: L24109MH2023PLC411777