Shareholders meeting

Ref: JSWSL:SEC: Mum: 2026-27/08/06 August 21, 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 Sub: Proceedings of the Meeting of Equity Shareholders of the Company convened as per the directions of the Hon’ble National Company Law Tribunal, Mumbai Bench (“NCLT”) Dear Sir/ Madam, Pursuant to Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, we enclose herewith a summary of proceedings of Meeting of the Equity Shareholders of the Company held on Friday, August 21, 2026 through Video Conferencing (“VC”)/ Other Audio Visual Means (“OAVM”), pursuant to the directions of the Hon’ble NCLT, Mumbai Bench. The resolution as set out in the Notice of the aforesaid Meeting has been approved by the shareholders of the Company with requisite majority. The aforesaid information is also available on the website of the Company www.jsw.in You are requested to kindly take the above information on record. Thanking you, Yours faithfully, For JSW STEEL LIMITED Manoj Prasad Singh Company Secretary (in the interim capacity) SUMMARY OF THE PROCEEDINGS OF THE MEETING OF THE EQUITY SHAREHOLDERS OF JSW STEEL LIMITED CONVENED ON FRIDAY, AUGUST 21, 2026 AT 12 NOON AS PER THE DIRECTIONS OF THE HON’BLE NATIONAL COMPANY LAW TRIBUNAL (“NCLT”), MUMBAI BENCH (“TRIBUNAL”) VIDE ITS ORDER DATED JULY 02, 2026 The Meeting of the Equity Shareholders (“Meeting”) of JSW Steel Limited (“the Company”) convened pursuant to the order of NCLT, Mumbai Bench was held on Friday, August 21, 2026 at 12 noon (IST) through Video Conferencing (“VC”)/Other Audio Visual Means (“OAVM”) in accordance with the provisions of the Companies Act, 2013, the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015 (“SEBI Listing Regulations”) relevant circulars issued in this regard and as per the directions of the Hon’ble National Company Law Tribunal, Mumbai Bench (“Tribunal”), in connection with the Scheme of Amalgamation of Piombino Steel Limited with JSW Steel Limited and their respective shareholders and concluded at 12:54 P.M. IST (including the time allowed for e-voting at the meeting) As directed by the Hon’ble Tribunal, Mr. Sajjan Jindal, Chairman and Managing Director of the Company, chaired the proceedings of the Meeting. Mr. Manoj Prasad Singh, Company Secretary (in the interim capacity), on behalf of the Company, extended a warm welcome to the Shareholders, Members of the Board, Representatives of Bodies Corporate & Institutional Investors, Foreign Collaborators, Joint Venture Partners, Auditors of the Company and Employees joining in from various parts of the country. He further informed that the Hon’ble Tribunal had appointed Mr. Sajjan Jindal, Chairman & Managing Director of the Company, as the Chairperson of the Meeting and Mr. Nilesh Shah, Practicing Company Secretary, as the Scrutinizer for the Meeting to scrutinise the voting process in a fair and transparent manner, as stipulated under the Companies (Management & Administration) Rules, 2014. He also introduced to the Members, the Directors present on the dais and other Directors present in the virtual meeting through Video Conferencing, from India, Japan and Germany He informed that the Scrutiniser is present in the Meeting. Mr. Manoj also informed that the Notice, Scheme, Explanatory Statement and all other accompanying documents as referred in the Explanatory Statement were available to the Members for inspection throughout the meeting in electronic mode, and the same could be accessed upon logging in to evoting.kfintech.com. He explained that as the Resolution set out in the Notice has already been put to vote through e-voting, the resolution need not be proposed or seconded by the shareholders at the meeting in terms clause 7.1 of the Secretarial Standard 2 issued by the Institute of Company Secretaries of India. Mr. Manoj also apprised the Members that in compliance with the provisions of Section 108 of the Companies Act, 2013 and the Companies (Management and Administration) Rules, 2014, as amended and Regulation 44 of the SEBI Listing Regulations, all shareholders as on the cut-off date, i.e., August 14, 2026, were provided with the facility to cast their vote electronically through the e-voting services provided by KFIN Technologies Limited on the resolution set forth in the Notice of this Meeting He further informed the Members that the e-voting portal remained open for remote e-voting from 9.00 a.m. on Tuesday, August 18, 2026 to 5.00 p.m. on Thursday, August 20, 2026, and was disabled by KFIN Technologies Limited for voting thereafter. He then informed that the facility for voting through electronic voting system or Insta Poll was open at the Meeting for Members who are present in the meeting and who did not cast their vote earlier. He requested the members who have already cast their vote by remote e- voting not to cast their vote again as their vote will be treated as invalid and that the voting through Insta Poll would close 15 minutes after the close of all business. He further informed the Members that the outcome of the voting will be the cumulative count of the valid votes cast electronically through remote e-voting and through Insta Poll. The members were informed that the voting results and the Report of the Scrutinizer will be placed by the Company on its website: www.jsw.in and on the website of KFin Technologies Limited, within two working days of the conclusion of this Meeting and will also be communicated to the Stock Exchanges on which the securities of the Company are listed. The Company Secretary then requested the Chairman of the meeting to take over the proceedings. Thereafter, Mr. Sajjan Jindal, Chairman of the Meeting, extended a warm welcome to the Members attending the Meeting. The requisite quorum being present, the Chairman called the meeting to order. A total of 117 members were present for the Meeting. He further confirmed that authorisations from 31 Bodies Corporate holding 43.66% in your Company’s paid-up equity share capital, aggregating to Rs. 106.76 Crores have been received. The Notice convening this Meeting having been already circulated electronically to the Equity Shareholders of the Company on July 30, 2026 at their registered email address, were taken as read. He further informed that the Company had issued Newspaper Advertisement on July 30, 2026, informing about the Meeting in accordance with the directions of NCLT, in two newspapers, one in English newspaper i.e. Financial Express and other one in Marathi newspaper, i.e. Loksatta, both having wide circulation in the State of Maharashtra. Further, the following item as set out in the Notice of the Meeting, was transacted in the Meeting: Item No. Details of the Agenda Resolution 1. To approve the Scheme of Amalgamation of Requisite Majority as Piombino Steel Limited with JSW Steel Limited prescribed under Section 230 and their respective shareholders under Section to 232 of the Companies Act 230 to 232 and other applicable provisions of read with SEBI Master the Companies Act, 2013 Circular SEBI/HO/CFD/POD- 2/P/CIR/2023/93. Thereafter, he explained the salient features of the Scheme. The Chairman then requested Mr. Jayant Acharya, Jt. Managing Director & CEO of the Company to brief the members on the rationale, key benefits and other details of the Scheme Mr. Jayant Acharya then explained the rationale, key benefits and other details of the Scheme. Subsequently, he invited the Members to express their views, ask questions and seek clarifications relating to the Scheme. Thereafter, on request of the Chairman, the Chief Financial Officer responded to the queries [Showing first 8,000 characters — download PDF for full document]