General Updates

JSWSL: MUM: SEC: SE: 2026­27/08/01 August 1, 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. NSE Symbol: JSWSTEEL Scrip Code No.500228 Kind Attn.: Listing Department Kind Attn.: Listing Department Dear Sir/Madam, Sub. Intimation under Regulation 30 of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015 Effectiveness of the Scheme of Amalgamation of Amba River Coke Limited (‘ARCL’ or ‘the Transferor Company 1’) and Monnet Cement Limited (‘MCL’ or ‘the Transferor Company 2’) and JSW Retail and Distribution Limited (‘JRDL’ or ‘the Transferor Company 3’) with JSW Steel Limited (‘JSL’ or ‘the Transferee Company’) and their respective shareholders (‘the Scheme’) under Sections 230 to 232 and other applicable provisions of the Companies Act, 2013 read with Companies (Compromises, Arrangements and Amalgamations) Rules, 2016. This is with reference to our intimation dated July 3, 2026, informing the Stock Exchange(s) about the receipt of final order issued by Hon’ble National Company Law Tribunal in respect of Scheme of Amalgamation of Amba River Coke Limited (‘ARCL’ or ‘the Transferor Company 1’) and Monnet Cement Limited (‘MCL’ or ‘the Transferor Company 2’) and JSW Retail and Distribution Limited (‘JRDL’ or ‘the Transferor Company 3’) with JSW Steel Limited (‘JSL’ or ‘the Transferee Company’) and their respective shareholders (‘the Scheme’) under Sections 230 to 232 and other applicable provisions of the Companies Act, 2013 read with Companies (Compromises, Arrangements and Amalgamations) Rules, 2016. Please note that the Scheme has become effective from August 1, 2026 upon filing of the certified copy of the final order dated July 2, 2026 along with certified copy of the rectified order dated July 15, 2026, with Registrar of Companies, Mumbai, by the respective companies. The Appointed Date of the Scheme is April 1, 2026. The copy of aforesaid orders are enclosed herein. We request you to take the aforesaid on records. Thanking you, Yours Faithfully, For JSW Steel Limited Manoj Prasad Singh Company Secretary (in the interim capacity) Encl.: As above. IN THE NATIONAL COMPANY LAW TRIBUNAL MUMBAI BENCH-I cP (cAA) No.64lMB/2026 cA (cAA) NO. l6iMBl2026 In the matter of the Companies Act, 2013; In the matter of Section 230-232 of the Companies Act, 2013 and other applicable provisions of the Companies Act, 2013 read with Companies (Compromises, Arrangements and Amalgamation) Rules,2016; In the matter of Scheme of Amalgamation between AMBA RIVER COKE LIMITED (CIN: U23 100MH1997PLC I 10901) ...First Petitioner Company lTransferor Company MONNET CEMENT LIMITED (CIN: U26941 MH2007PLC453'17 4) ...Second Petitioner Company /Transferor Company 2 JSW RETAIL AND DISTRIBUTION LIMITED (CIN : U5 909MH2021 PLC3 56994) ...Third Petilioner Company lTransferor Company 3 WITH JSIY STEEL LIMITED 9 (CIN: L27 I 02MH1994PLCI 52925) t:LJ-e' ... Fourth Petitioner Company /Transferee Co (collectively referred to as "Petitioner Companies") IN THE NATIONAL COMPANY LAW TRIBUNAL MUMBAI BENCII.I cP (cAA) No. &/l[[8/2026 INCA(cAA) NO. t6/MB/2026 Order pronounced on 02.07.2026 Coram : Shri Prabhat Kumar Shri Sushil Mahadeorao KocheY Hon'ble Member (Technical) Hon'ble Member (Judicial) Appearances: For the Petitioner Companies Adv. Hemant Sethi ORDER I The present Company Scheme Petition has been filed in the matter of the Scheme of Arrangement between AMBA RJVER COKE LIMITED (hereinafter referred to as 'First Petitioner Company /Transferor Company l') and MONNET CEMENT LIMITED (hereinafter referred to as 'Second Petitioner Company /Transferor Company 2') and JSW RETAIL AND DISTRIBUTION LIMITED (hereinafter referred to as 'Third Petitioner Company /Transferor Company 3') with JSW STEEL LIMITED (hereinafter referred to as the 'Fourth Petitioner Company /Transferee Company') [The Transferor Company and Transferee Company Collectively referred as the 'Petitioner Companies'] and their respective shareholders and creditors (hereinafter refened to as 'Scheme') under Sections 230, 232 and other applicable provisions of the Companies Act, 2013 read with Companies (Compromises, Arrangements and Amalgamations) Rules, 2016. The Transferor Company I bearing 2 CIN: U23100MH l997PLC I 10901, was incorporated on 25.09.1997 under the provisions of the Companies Act, 1956 and has its registered address at JSW Centre, Bandra Kurla Complex, Bandra (East), Mumbai, Maharashtra, 40005 1. in the business of manufacturing and selling cok /.n,3/,st Page 2 of 11 IN TIIE NATIONAL COMPANY LAW TRIBTJNAL ffi# MI,]MBAI BENCH-I cP (cAA) NO. 64/MB/2026 rN cA (cAA) NO. t6/MB /2026 The Transferor Company 2 beanng J CIN: U26941MH2007PLC453774, was incorporated on 29. I 1.2007 under the provisions of the Companies Act, 1956, and has its registered address at 5th Floor, JSW Centre, Bandra Kurla Complex, Bandra (East), Mumbai - 400051. It is an unlisted public company not having any business operations. The Transferor Company 3 bearing 4 CIN: U5 1909MH2021PLC356994, was incorporated on 15.03.2021 under the provisions of the Companies Act, 2013, and has its registered address at 5th Floor, JSW Centre, Bandra Kurla Complex, Bandra (East), Mumbai - 400051. It is engaged in facilitating marketing and selling of steel products and provide technical consultancy services for design, development and production of all forms of steel, aluminium sheets and other metal sheets. The Transferee Company bearing 5 CIN: L27102MH1994PLC152925, was incorporated on I 5.03. I 994 under the provisions of the Companies Act, 1956, and has its registered address at JSW Centre, Bandra Kurla Complex, Bandra (East), Mumbai 400051. It is engaged in the business of manufacture and sale of iron and steel products. 6 The registered offices of the Petitioner Companies are situated in Maharashtra and are within the territorial jurisdiction of the Tribunal. 7 The Board of Directors of the Petitioner Companies, by resolutions passed at their respective meetings held on 17.10.2025, approved the original Scheme of Amalgamation. 8 The Appointed Date for the Scheme is to mean " 1" April, 2026 or such olher date as may be approved by the National Co tl Tribunal or such other Appropriate Authority) ". 9 The Rationale for the proposed Scheme is as under: Page 3 of 11 IN THE NATIONAL COMPAI{Y LAW TRIBUNAI MUMBAIBENCH-I ffiffi cP (cAA) NO. A/MB/2026 IN CA (CAA) NO. r6/MB/2026 The Transferee Company a well-established comPanY engaged in the business of manufacturing in iron and steel products. The amalgamation of the Transferor Companies with the Transferee Company would have the following benefits: i. There are several commonalities and synergistic ltnkages and the amalgamation will result in operational efJiciency; ii. Pooling of the technical resources, personnel' capabilities, skills and expertise leading to optimum use of infrastructure, cost reduction and efficiencies' reduction of administrative and operational costs,' iii. Ensuring a streamlined group structure by reducing the number of legal entities in the group and reducing the multiplicitv oJ'legal and regulatory compliances required at present; Administrative and operation Convenience,' v. Rationalizing costs by eliminating multiple record keeping and adminiso'ative Junctions; and Reducing time and elforts for consolidation offinancials at the group level. 10. It is submitted that upon this Scheme becoming effective & upon amalgamation, there shall be no fresh allotment of shares as the Amalgamating companies are wholly owned by the Amalgamated Company. The relevant clause reads as follow: ,,5. CONSIDERATION: As the Transferor Companies are wholly owned subsidiaries of the Transferee Company, no shares of the Transferee Company shall be allotted towards disc erati [Showing first 8,000 characters — download PDF for full document]