BSECompany Update6d ago · 3 Nov 2026, 03:23 pm
Pursuant to Regulation 30 of SEBI LODR Regs and in furtherance to our intimation dated June 25, 2026, please find attached disclosure w.r.t receipt of approval from the Reserve Bank of India
John Cockerill India Ltd-$ · 500147
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John Cockerill India Ltd has received approval from the Reserve Bank of India for the issuance of Non-Cumulative Compulsorily Convertible Preference Shares and the acquisition of shares of John Cockerill Metals International SA, Belgium.
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Earnings Impact2/10
Growth Catalyst6/10
Governance Concern1/10
Regulatory Risk2/10
Balance Sheet Risk4/10
Liquidity Impact8/10
Market Sentiment7/10
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John Cockerill India Ltd-$ - 500147 - Announcement Under Regulation 30 (LODR) - Updates (Receipt Of Approval From The Reserve Bank Of India)
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Ref: JCIL/BSE/2026
Date: November 3, 2026
The Secretary,
BSE Limited,
Mumbai - 400 001.
Scrip Code: 500147
Dear Sir/Madam,
Sub: Announcement — Receipt of approval from the Reserve Bank of India
This is in furtherance of the intimation dated June 25, 2026 (Ref: JCIL/BSE/2026) made to you, wherein
the Company informed that its shareholders, at the 40th Annual General Meeting, had approved,
among other items, (i) the amendment to the terms of the Share Purchase Agreement with John
Cockerill SA, the Parent Company, for the acquisition of the shares of John Cockerill Metals
International SA, Belgium; and (ii) the approval for issuance of Non-Cumulative Compulsorily
Convertible Preference Shares on a preferential basis (swap of shares), subject to the approval of the
Reserve Bank of India (“RBI”) and other appropriate authorities.
We are pleased to inform that the Company has received the approval of the RBI vide an email received
by the Company from its AD Banker dated November 3, 2026.
Accordingly, the Company will be going ahead with the implementation of the aforesaid matters.
Appropriate intimations will be made to the stock exchanges at the appropriate stages.
We request you to take the above on record.
Thanking you,
Yours faithfully,
For John Cockerill India Limited
Nidhi N. Salampuria
Company Secretary & Compliance Officer
(FCS: 10448)
John Cockerill India Limited
Regd. Office: 1902, 19th Floor, Aurum Q2 IT Parc, • TTC Industrial Area, • Thane Belapur Road, Navi Mumbai 400 710 • India • Tel.: +91 9619762727
Workshop: A-84, 2/3 MIDC • Taloja Ind. Area • Dist. Raigad 410 208 • India • Tel.: +91 22 (0) 6673 1500
Workshop: Village Hedavali • Tal. Sudhagadh • Dist. Raigad 410 205 • India
www.johncockerillindia.com • CIN: L99999MH1986PLC039921
johncockerill.com
C3 - John Cockerill - CONFIDENTIAL