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

Steel Limited Regd. Office: JSW Centre Bandra Kurla Complex, Bandra (East), Mumbai – 400 051 CIN : L27102MH1994PLC152925 Phone : +91 22 4286 1000 Fax : +91 22 4286 3000 Website : www.jsw.in JSWSL: MUM: SEC: SE: 2026-27/10/08 October 18, 2026 1. National Stock Exchange of India Ltd. 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 No. 500228 Kind Attn.: Listing Department Kind Attn.: Listing Department Sub: Disclosure under Regulation 30(6) of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015. Dear Sir/Madam, In terms of Regulation 30(6) of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015, please find below updates in respect of Jajang Iron Ore Block located in the District of Keonjhar, Odisha: • Writ Petition (Civil) No. 28232 of 2021 before the Hon’ble High Court of Orissa at Cuttack On September 6, 2021, the Company had received a Demand Letter and corrigendum dated September 7, 2021 issued by the Office of Joint Director of Mines, Joda, raising a demand of Rs. 6,96,32,09,199/- in connection with assessment of shortfall in dispatch of minerals from the Company’s Jajang Iron Ore Block, for the 1st year in terms of Mine Development and Production Agreement (i.e., June 27, 2020 to June 26, 2021) under Rule 12-A of the Minerals (Other than Atomic and Hydro Carbons Energy Minerals) Concession Rules, 2016 (‘MCR 2016’). The Company had filed Writ Petition (Civil) No. 28232 of 2021 before the Hon’ble High Court of Orissa at Cuttack (‘Hon’ble High Court’) inter-alia seeking quashing of the Demand Letter. After conclusion of hearing, the judgement was pronounced on October 16, 2026. The Hon’ble High Court has disposed of the Writ Petition in terms of the judgement dated April 20, 2026 rendered in WP(Civil) 31035 of 2025 and other batch matters. In view of the conclusions and directions contained in its order, the Company believes that the Demand Letter dated September 6, 2021, read with the corrigendum dated September 7, 2021, issued by the Office of the Joint Director of Mines, Joda, stands quashed. • Writ Petition (Civil) No. 23792 of 2025 before the Hon’ble High Court of Orissa at Cuttack On August 21, 2025, the Company had received a Demand Letter issued by the Office of Deputy Director of Mines, Joda, raising a demand of Rs. 14,72,69,47,420/- in connection with assessment of shortfall in dispatch of minerals from the Company’s Jajang Iron Ore Block, for the 5th year in terms of Mine Development and Production Agreement (i.e., June 27, 2024 to June 26, 2025) under Rule 12-A of the Minerals (Other than Atomic and Hydro Carbons Energy Minerals) Concession Rules, 2016 (‘MCR 2016’). Steel Limited Regd. Office: JSW Centre Bandra Kurla Complex, Bandra (East), Mumbai – 400 051 CIN : L27102MH1994PLC152925 Phone : +91 22 4286 1000 Fax : +91 22 4286 3000 Website : www.jsw.in The Company had filed Writ Petition (Civil) No. 23792 of 2025 before the Hon’ble High Court of Orissa at Cuttack (‘Hon’ble High Court’) inter-alia seeking quashing of the Demand Letter. After conclusion of hearing, the judgement was pronounced on October 16, 2026. The Hon’ble High Court has disposed of the Writ Petition setting aside the Demand Letter dated August 21, 2025 issued by the Office of Deputy Director of Mines, Joda and has remitted the matter to the concerned authority to decide afresh keeping in view the legal position as enunciated in judgement dated April 20, 2026 in WP(Civil) 31035 of 2025 and other batch matters. Please note that the delay in filing this disclosure was on account of the time taken by the Company to review the aforesaid judgments. This is for your information and in compliance with applicable provisions 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)