Pursuant to Regulation 30 and 46(2) of SEBI (LODR) Regulation 2015, Please find attached revised Earning call transcript of audio call held on August 13, 2026, for the quarter and half ....

Ref.: JCIL/BSE/2026 Date: August 20, 2026 The Secretary, BSE Limited, P J Towers, Dalal Street, Mumbai - 400 001. Scrip Code: 500147 Dear Sir/Madam, Sub.: Transcript of Earnings Conference Call for the quarter and half year ended June 30, 2026 Pursuant to the provisions of Regula(cid:415)ons 30 and 46(2) of the SEBI (Lis(cid:415)ng Obliga(cid:415)ons and Disclosure Requirements) Regula(cid:415)ons, 2015, and in con(cid:415)nua(cid:415)on to our le(cid:425)er dated August 10 & 13, 2026, regarding the audio recording of the earnings conference call held on August 13, 2026, on the un- audited Financial Results (Standalone & Consolidated) for the quarter and half year ended June 30, 2026, we hereby enclose the Transcript of the audio call recording of the Earnings Conference Call for the quarter and half year ended June 30, 2026. The transcript is also available on the Company’s website at www.johncockerillindia.com. We request you to kindly take the same on your record. Thanking you, Yours faithfully, For John Cockerill India Limited Nidhi Salampuria Company Secretary & Compliance Officer (FCS: 10448) Encl: As above 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 ''John Cockerill India Limited Q2 CY26 Earnings Conference Call'' August 13, 2026 E&OE - This transcript is edited for factual errors. In case of discrepancy, the audio recording uploaded on the stock exchange on August 13, 2026 will prevail. MANAGEMENT: MR. FRANCOIS DAVID MARTINO – CHAIRMAN – JOHN COCKERILL INDIA LIMITED MR. FRED MARTIN – MANAGING DIRECTOR – JOHN COCKERILL INDIA LIMITED MR. DEEPAK CHINDARKAR – DEPUTY CHIEF FINANCIAL OFFICER – JOHN COCKERILL INDIA LIMITED MS. NIDHI SALAMPURIA – COMPANY SECRETARY – JOHN COCKERILL INDIA LIMITED SGA – INVESTOR RELATIONS PARTNER – JOHN COCKERILL INDIA LIMITED Page 1 of 16 John Cockerill India Limited August 13, 2026 Moderator: Ladies and gentlemen, good day and welcome to Q2 CY26 Earnings Conference Call of John Cockerill India Limited. Before we begin, this conference call may contain forward-looking statements about the company, which are based on the beliefs, opinions and expectations of the company as on date of this call. These statements are not the guarantees of future performance and involve risks and uncertainties that are difficult to predict. As a reminder, all participant lines will be in the listen-only mode and there will be an opportunity for you to ask questions after the presentation concludes. Should you need assistance during the conference call, please signal an operator by pressing star then zero on your touchtone phone. Please note that this conference is being recorded. I would now hand the conference over to Mr. Francois David Martino, Chairman of John Cockerill India Limited. Thank you and over to you, sir. Francois-David Martino: Thank you, and good evening and a warm welcome to everyone joining us today for our quarter 2 calendar year 2026 earnings call. I would like to start by apologizing for the delay taken for the call and this is due to the meeting of Board of Director which has been longer than expected. So, I am joined today by our; Managing Director, Mr. Fred Martin; our Deputy CFO; Mr. Deepak Chindarkar; Company Secretary, Ms. Nidhi Salampuria; and SGA, our Investor Relations Partner. We have uploaded, as you may have seen, our financial results and investor presentation on the stock exchanges and on our company website. I hope you have had an opportunity to go through them. Let me begin with a brief overview of the steel industry and the current market environment. The global steel market remains mixed across regions, with different market facing different opportunities and challenges. Let's start with Europe. Europe continues to face a challenging environment. High energy costs and weak industrial sentiment are affecting investment decisions. In July 2026, the European Union introduced a new tariff-quota regime covering 18.3 million tons across 26 steel product categories. Imports beyond the quota are now subjected to a 15% duty, while the new melt and pour requirements calls for proof of the steel's true origin. Slabs remain exempt from the quota and duty, and this is an important information because these changes the driving forces and increase the interest for investors in implementing hot rolling solutions, cold rolling solutions and processing lines based on duty-free imported slabs. They are also supporting the localization of steelmaking through electric arc furnaces. While in China, the country remains the world's largest steel producer but the market is changing. The country is moving towards what can be described as a green steel pivot. In April 2026, finished steel exports declined by 9.2%, while sector value added increased by 1.8%. This points to a gradual shift towards higher value and more specialized steel products. Page 2 of 16 John Cockerill India Limited August 13, 2026 Chinese producers are increasingly looking for downstream lines such as galvanizing, annealing and finishing to support these products. At the same time, there is a significant investment in electric arc furnace and hydrogen-based metallurgy to reduce emission. Customers are also becoming more selective about capital investment. There is a stronger focus on advanced technologies, productivity, energy efficiency and decarbonization. We are responding to these changes by strengthening our presence and capabilities in China. The United States steel industry is seeing a revival. Capacity utilization reached 82% in July 2026, the highest level since 2018. Producers are expected to invest more than USD14 billion this year, including major projects such as Nucor's new sheet mill in Arizona. We are also seeing strong growth in the localization of spare parts and maintenance services. This is further strengthening domestic industrial ecosystem. India continues to be one of the strongest growth market for steel. Steel production is expected to reach this year 161.7 million tons with a unchanged target of 300 million tons by 2030. Major infrastructure programs and production linked incentives for specialty steel are supporting more than USD25 billion in investment. At the same time, per capita consumption in India is around 93 kilogram only, compared with a global average of approximately 230 kilogram per person. There is a huge gap which needs to be closed in the future. This highlights the significant potential for further growth. Infrastructure spending remains strong, manufacturing capacity is expanding, automotive demand continues to be healthy. These factors are creating a favorable environment for further investment in steel. Other emerging markets like Africa and South America are also showing healthy growth, with steel demand expected to grow by around 5.5% in 2026. Brazil and Argentina remain key market in South America, while East and North Africa are benefiting from increased infrastructure development. These regions are becoming increasingly important to the future growth of global steel demand. Beyond the regional development, there are several common trends shaping the steel industry. Steel producers are moving towards higher value and more advanced product. This is increasing the need for advanced processing technologies. We are seeing growing demand for galvanizing and cold rolling lines, along with strong interest in electrical steel processing. At the same time, customers are looking at plant modernization, energy efficiency and life cycle services. Decarbonization is also becoming an increasingly important part of investment decisions. Geop [Showing first 8,000 characters — download PDF for full document]