Please find attached Disclosure under Regulation 30 of SEBI (Listing Obligations Disclosure Requirements) 2015.

Cement Limited JSW Centre Opp. MMRDA Ground, Bandra Kurla Comp lex, Bandra (East), Mumbai - 400 051. Tel : +91-22-4286 1000 Fax : 26502001 W CIe Nb s :–it e w 57w Mw H.js 2w 00c 6em PLe Cnt 1.i 6n 0 839 Date: 17 October, 2026 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 Maharashtra, India Maharashtra, India Scrip Code: 544480 Symbol: JSWCEMENT Sub.: Update on material litigation – Intimation under Regulation 30 of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015 (“SEBI Listing Regulations”) Dear Sir/Madam, Pursuant to Regulation 30 read with Schedule III of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 (“Listing Regulations”) and applicable SEBI circulars, we hereby inform you that the Hon’ble High Court of Orissa, Cuttack has pronounced its judgment on 16th October, 2026, in respect of Writ Petition No. 36871 of 2020, filed by the Company against the State of Orissa and others in relation to reimbursement of incentives under the Industrial Policy Resolution, 2015 (“IPR 2015”). The writ petition was filed by the Company challenging the amendment to IPR 2015 dated 18th August, 2020, whereby cement manufacturing/grinding units were retrospectively excluded from availing reimbursement of State Goods and Services Tax (“SGST”) with effect from 1st July, 2017. The Company had, inter alia, sought continuation of the reimbursement benefits envisaged under IPR 2015. We hereby inform you that the Hon’ble High Court of Orissa, vide its judgment dated 16th October, 2026, has allowed the writ petition filed by the Company. The Court has, inter alia, held that the Company shall be treated as having obtained deemed approval of its application dated 16th August, 2017 for grant of Priority Sector status under IPR 2015, set aside the amendment dated 18th August, 2020 retrospectively excluding cement manufacturing and grinding units from SGST reimbursement, and directed that the Company’s claim for SGST reimbursement under IPR 2015, along with applicable interest, be determined and released within four weeks. The details of the development on the said petition of the Company is provided in Annexure I as per the requirements of Regulation 30 of the SEBI Listing Regulations. The above is for your information and records. Kindly take the same on record. Thanking you, For and on behalf of JSW Cement Limited Sneha Bindra Company Secretary and Compliance Officer Cement Limited JSW Centre Opp. MMRDA Ground, Bandra Kurla Comp lex, Bandra (East), Mumbai - 400 051. Tel : +91-22-4286 1000 Fax : 26502001 W CIe Nb s :–it e w 57w Mw H.js 2w 00c 6em PLe Cnt 1.i 6n 0 839 Annexure I Update on development of pending litigation(s) The requisite details pursuant to Regulation 30 of the Listing Regulations read with SEBI Master Circular No. SEBI/HO/CFD/PoD2/CIR/P/0155 dated November 11, 2024 are as follows: Disclosure Update The Hon’ble High Court of Orissa, vide its judgment dated 16th October, 2026, has allowed W.P.(C) No. 36871 of 2020 filed by the Company and held that the Company shall be treated as having obtained deemed approval of its application dated 16th August, 2017 for grant of Priority Sector status under IPR 2015, in terms of the applicable policy. The Court has further held that the Company’s claims for SGST reimbursement under Clause 5.4.5(a) of IPR 2015 had The details of any change in the status accrued and crystallised and that the amendment dated 1. and/or any development in relation to such 18th August, 2020, insofar as it retrospectively proceedings: excludes cement manufacturing and grinding units from SGST reimbursement with effect from 1st July, 2017, is arbitrary, unconstitutional and contrary to the doctrines of promissory estoppel and legitimate expectation, and has accordingly set aside the said amendment. The Court has consequently directed that the Company’s claim for SGST reimbursement under IPR 2015, along with applicable interest, be determined and released within four weeks. In the case of litigation against key management personnel or its promoter or ultimate person in control, regularly 2. Not Applicable. provide details of any change in the status and/or any development in relation to such proceedings: In the event of settlement of the proceedings, details of such settlement including terms of the settlement, 3. Not Applicable. compensation/penalty paid (if any) and impact of such settlement on the financial position of the listed entity: