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

VISL/SEC./SE/2026-27/48 October 15, 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, Pursuant to Regulation 30 read wi th Sub-para (8) of Para (B) of Part (A) of Schedule III of the SEBI (Li sting Obligations and Disclosure Requirements) Regulations, 2015, as amended (“SEBI LODR Regulations”), it is hereby informed that ESL Steel Limited (“ESL”), a subsidiary of Vedanta Iron And Steel Limited (“VISL”), has around 03:00 PM become aware of the Demand-cum-Show Cause Notice issued by the Office of the Superintendent, Central Tax, GST & Central Excise, Lathikata Range, Rourkela upon accessing the same on Goods and Services Tax portal on October 14, 2026. As per the notice, the Department has proposed recovery of IGST amounting to ₹ 2,76,135.61/- in relation to alleged short payment of IGST liability under Reverse Charge Mechanism (RCM) for FY 2022-23 arising out of differences between liabilities disclosed in GSTR-3B and GSTR-2B, along with applicable interest and penalty. The notice requires ESL to submit its response within the prescribed timeline. ESL is examining the said notice and shall take appropriate steps in accordance with applicable laws within the prescribed timelines. The Company does not envisage any significant financial and operational impact on the Company. 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 Membership No.: A 34723 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. Name of the Authority Office of the Superintendent, Central Tax, GST & Central Excise, Lathikata Range, Rourkela 2. Brief details of dispute/litigation Demand-cum-Show Cause Notice alleging short payment of IGST liability under RCM for FY 2022-23 based on differences between GSTR-3B and GSTR-2B. 3. Details of the violation(s)/ contravention(s) Alleged short payment of IGST amounting to committed or alleged to be committed ₹ 2,76,135.61/- under RCM for FY 2022-23 along with applicable interest and penalty. 4. Impact on financial, operation or other ESL is evaluating appropriate legal remedies and shall activities of the listed entity, quantifiable in take necessary actions in accordance with applicable monetary terms to the extent possible laws. Further, the Company envisages no material impact on the financial, operations and/or other activities due to the said intimation. 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