BSECompany Update7 Oct 2026 · 7 Oct 2026, 10:07 pm

Fully redeemed the fixed rate unsubordinated, unsecured 3.95% Notes due 2027.

JSW Steel Ltd · 500228

✦ AI Summary▲ PositiveDebt Restruc.

JSW Steel Ltd has fully redeemed its fixed rate unsubordinated, unsecured 3.95% Notes due 2027, exercising its right for early redemption as per the terms of the Notes.

Analysis Scores

Earnings Impact2/10
Growth Catalyst1/10
Governance Concern1/10
Regulatory Risk1/10
Balance Sheet Risk8/10
Liquidity Impact9/10
Market Sentiment8/10

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Full Announcement

JSW Steel Ltd - 500228 - Early Redemption Of US$500,000,000, 3.95% Notes Due 2027

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JSWSL: MUM: SEC: SE: 2025-26/10/02 October 07, 2026 1. National Stock Exchange of India Limited 2. BSE Limited Exchange Plaza, Plot No. C/1, G Block Corporate Relationship Dept. Bandra – Kurla Complex Phiroze Jeejeebhoy Towers Bandra (E), Mumbai – 400 051 Dalal Street, Mumbai – 400 001. Ref: NSE Symbol - JSWSTEEL Ref: Company Code- 500228 Kind Attn.: Listing Department Kind Attn.:- Listing Department Ref: Intimation under the Regulation 30 (6) of the Securities and Exchange Board India (Listing Obligations and Disclosure Requirements) Regulations, 2015. Sub: Early redemption of US$500,000,000, 3.95% Notes due 2027 Dear Sir/Ma’am, JSW Steel Limited (“Company”) had issued fixed rate unsubordinated, unsecured Notes (3.95% due 2027) aggregating to US$ 500,000,000 (“Notes”) and intimated to the stock exchanges, i.e., National Stock Exchange of India Limited and BSE Limited, vide its letter dated September 23, 2021, in relation to allotment thereof. These notes were originally due for repayment on April 5, 2027. In compliance with Regulation 30 (6) read with Para A (2) of Part A of Schedule III of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015, as amended from time to time, we wish to inform you that the Company had exercised the right for early redemption as per the terms of the Notes and has prepaid all the obligations under the aforesaid Notes and consequently fully redeemed the Notes today (i.e., October 7, 2026) . We request you to take this disclosure on record and treat the same as compliance under applicable regulations of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015. Thanking You, Yours faithfully, For JSW STEEL LIMITED Manoj Prasad Singh Company Secretary (in the interim capacity) Singapore Exchange Securities Trading Limited 11 North Buona Vista Drive, #06-07, The Metropolis Tower 2, S ingapore 138589