Disclosure of material issue

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 August 13, 2026 1. National Stock Exchange of India Ltd. 2. BSE Limited Exchange Plaza Corporate Relationship Dept. Plot No. C/1, G Block Phiroze Jeejeebhoy Towers Bandra – Kurla Complex Dalal Street, Mumbai – 400 001. Bandra (E), Mumbai – 400 051 Scrip Code No. 544480 NSE Symbol: JSWCEMENT Kind Attn.: Listing Department Kind Attn.: Listing Department Sub: Intimation under Regulation 30 of the Securities Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015, as amended (“SEBI Listing Regulations”) Dear Sir/Madam, Pursuant to the Regulation 30 read with Schedule III of SEBI Listing Regulations, this is to inform you that the Board of Directors of the Company at its meeting held today i.e. August 13, 2026, inter alia, considered and approved the participation of the Company in the proposed initial public offering (“IPO”) of JSW One Platforms Limited (“JOPL”) as a Promoter Selling Shareholder by offering for sale, such number of equity shares of face value of Rs. 10 each of JOPL aggregating up to Rs. 123.00 Crores (Rupees One Hundred and Three Crores Only) held by the Company (“Sale Shares”) in JOPL (subject to any revisions to such amount as may be permissible under applicable law), subject to applicable law, market conditions, receipt of necessary approvals/ regulatory clearances and other considerations. The price and other details of the proposed IPO will be determined in due course by the competent body, in compliance with applicable law including the Securities and Exchange Board of India (Issue of Capital and Disclosure Requirements) Regulations, 2018, as amended. The details required under Regulation 30 of the SEBI Listing Regulations read with SEBI Master Circular No. HO/49/14/14(7)2025-CFD-POD2/I/3762/2026 dated January 30, 2026 are given in the enclosed Annexure-A, to the extent applicable. The disclosure will also be made available on the Company’s website at www.jswcement.in pursuant to Regulation 30(8) of the SEBI Listing Regulations. The Board Meeting commenced at 2:30 p.m. and concluded at 5:40 p.m. Thanking you, Yours faithfully, For and on behalf of JSW CEMENT LIMITED Sneha Bindra Company Secretary & Compliance Officer Encl: as above 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-A Disclosure in terms of SEBI Master Circular No. HO/49/14/14(7)2025-CFD- POD2/I/3762/2026 dated January 30, 2026 Sl. List of events required to be Information of such event(s) disclosed 1 amount and percentage of the turnover Nil or revenue or income and net worth contributed by such unit or division or undertaking or subsidiary or associate company of the listed entity during the last financial year; 2 date on which the agreement for sale Not applicable, since the transaction is an offer for has been entered into; sale in the proposed IPO. 3 expected date of completion of Completion date of the proposed IPO is not available sale/disposal; as on date. 4 consideration received from such The price and other details of the proposed IPO will sale/disposal; be determined in due course by the competent body, in compliance with applicable law including the Securities and Exchange Board of India (Issue of Capital and Disclosure Requirements) Regulations, 2018, as amended. 5 brief details of buyers and whether any Not applicable, since the transaction is an offer for of the buyers belong to the promoter/ sale in the proposed IPO. promoter group/group companies. If yes, details thereof; 6 whether the transaction would fall The offer for sale of the Sale Shares in the proposed within related party transactions? If IPO will not fall within related party transactions. yes, whether the same is done at “arm’s length”; The price and other details of the proposed IPO will be determined in due course by the competent body, in compliance with applicable law including the Securities and Exchange Board of India (Issue of Capital and Disclosure Requirements) Regulations, 2018, as amended. 7 whether the sale, lease or disposal of Not applicable, since the transaction is an offer for the undertaking is outside Scheme of sale in the proposed IPO. Arrangement? If yes, details of the same including compliance with regulation 37A of LODR Regulations 8 additionally, in case of a slump Not applicable, since the transaction is an offer for sale, indicative disclosures provided sale in the proposed IPO. for amalgamation/merger, shall be disclosed by the listed entity with respect to such slump sale.