Rumour Verification - Regulation 30(11)

Ret.No.BSE/Reg 30(l l)/2026ft 2g'h htly,2o26 5a11 Oflicer in Charge, BSE Surveillance, BSE Limited, Ground Floor, P. J. Towers, Fort, Mumbai-400001. Sub: Rumour Verification Letter. Dear Sir/lVladam. This has reference to the email dated 29th July, 2026 regarding the Captioned Subject. It is hereby clarified that SAIL signed a legally and commercially non- binding MOU with Krakatau Steel, Indonesia on 6th July, 2026 to exnlore the possibilitv of settins un a Joint Venture lbr manulacturing stainless steel slabs in Indonesia, the details ol which is available in the Public domain vide SAIL's Press release in leading media publications viz. Free Press Journal, Mint, The Financial Express, Deccan Chronicle, Danik Jagaran etc. on 8th/9th Ju|y,2026, Business Line on l2th July, 2026 and its social media handle on 8th July, 2026. Therefore, it may be noted that the news article of Economic Times dt. 29th July 2026 is a repeat article (already published on 8th July, 2026), was already published in various leading newspapers earlier in the month httos://economictimes.indiatimes.com/industrv/indl- soods/svs/steel/sail-indonesian-firm-to-exolore-iv-for-stainless-steel- manrfa.turins/a.ti.leshow 132258655.cms?f rom=mdr Therefore, the price movement in SAIL's Share on 29th July,2026 cannot be said to have been triggered by the news article in the Economic Times published today. Further, SAIL is not aware of any infbrmation that has not been announced to the Exchanges, which could explain the Price movement in the trading on 29th July, 2026. Thanking you, Yours faithfully, (M.B.Bal nan) ED (F&A) & Company Secretary da ssfftA Gfrs gF-sfi ftfr&, gsn rr+;, dfi irs, TE ftd rro oo3, (rrrnr: o'r1-2436748'r-86, gw : 01l-za:szots, tcw{e: www.sait.co.in SteelAuthority of lndia Limited, lspat Bhawan, Lodhi Road, New Delhi-110 003, Phone : 011-2436748L-86, Fax | 24367075, Website : www.sail.co.in AAACS7062F SAIL PAN No. SAIL Corporate ldentity Number : 127109D11973GO1006454 rr ErS a1 ffi d ga g,:n i *a There's a little bit of SAIL in everybody's life