Business Responsibility and Sustainability Report (BRSR) of the Company for the financial year 2025-26

E-Communication MSL/SEC/SE/2026-27 24th August, 2026 BSE Limited National Stock Exchange of India Limited 25th Floor, P.J. Towers, Exchange Plaza, C-1, Block-G, Dalal Street, Mumbai-400001 Bandra - Kurla Complex Bandra (E), Mumbai-400051 Stock Code: 500265 Scrip Code: MAHSEAMLES Sub: Business Responsibility and Sustainability Report for the financial year 2025-26 Dear Sir/Madam, Pursuant to the Regulation 34(2)(f) of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, please find attached herewith Business Responsibility and Sustainability Report for the financial year 2025-26. The Business Responsibility and Sustainability Report forms an integral part of the Annual Report for the financial year 2025-26, which can also be accessed at the Company’s website at www.jindal.com You are requested to kindly take the same on record. Thanking you, Yours faithfully, For Maharashtra Seamless Limited Ram Ji Nigam Company Secretary & Compliance Officer Encl.: As above BUSINESS RESPONSIBILITY & SUSTAINABILITY REPORT Annexure I SECTION A: GENERAL DISCLOSURES: I. Details of the Listed Entity: S.N. PARTICULARS 1. Corporate Identity Number L99999MH1988PLC080545 2. Name of the Listed Entity Maharashtra Seamless Limited 3. Year of incorporation 1988 4. Registered office address Pipe Nagar, Village- Sukeli, N.H. 17, B.K.G. Road, Taluka Roha, District Raigad - 402126, Maharashtra 5. Corporate address Corporate Office: Plot No. 30, Institutional Sector 44, Gurugram-122 003, Haryana Interim Corporate Office: Plot No. 106, Institutional Sector 44, Gurugram-122 003, Haryana 6. E-mail secretarial@mahaseam.com 7. Telephone +91-124-4624000 8. Website www.jindal.com 9. Financial year for which reporting is being done 01/04/2025 to 31/03/2026 10. Name of the Stock Exchange(s) National Stock Exchange of India Ltd., where shares are listed BSE Limited 11. Paid-up Capital ` 669,996,260 12. Name and contact details (telephone, email address) Mr. Ram Ji Nigam of the person who may be contacted in case of any Company Secretary queries on the BRSR report +91-124-4624000 secretarial@mahaseam.com 13. Reporting boundary - Are the disclosures under Standalone basis this report made on a standalone basis (i.e. only for the entity) or on a consolidated basis (i.e. for the entity and all the entities which form a part of its consolidated financial statements, taken together). 14. Name of assurance provider N.A. 15. Type of assurance obtained N.A. II. Products/services: 16. Details of business activities (accounting for 90% of the turnover): S.No. Description of Main Activity Description of Business Activity % of Turnover of the entity 1. Steel pipes and tubes 98.80% 17. Products/Services sold by the entity (accounting for 90% of the entity’s Turnover): S. No. Product/Service NIC Code % of total Turnover contributed 1. Manufacture of tubes, pipes & hollow profiles 24311 98.80% III. Operations: 18. Number of locations where plants and/or operations/offices of the entity are situated: Location Number of plants Number of offices Total National 9 9 18 International - - - BUSINESS RESPONSIBILITY & SUSTAINABILITY REPORT 19. Markets served by the entity: a. Number of locations: Locations Number National (No. of States) All States International (No. of Countries) 4 b. What is the contribution of exports as a percentage of the total turnover of the entity? Exports contributes 10.67% of the total turnover of the entity. c. A brief on types of customers: Customers comprise exploration and production companies, infrastructure contractors, refineries, boiler manufacturers, cylinder manufacturers etc. IV. Employees 20. Details as at the end of Financial Year: a. Employees and workers (including differently abled): S. No. Particulars Total Male Female (A) No. (B) % (B / A) No. (C) % (C / A) EMPLOYEES 1. Permanent (D) 1208 1182 97.85% 26 2.15% 2. Other than Permanent (E) - - - - - 3. Total employees (D + E) 1208 1182 97.85% 26 2.15% WORKERS 4. Permanent (F) 819 819 100.00% - - 5. Other than Permanent (G) - - - - - 6. Total workers (F + G) 819 819 100.00% - - b. Differently abled Employees and workers: S. No. Particulars Total Male Female (A) No. (B) % (B / A) No. (C) % (C / A) DIFFERENTLY ABLED EMPLOYEES 1. Permanent (D) - - - - - 2. Other than Permanent (E) - - - - - 3. Total employees (D + E) - - - - - DIFFERENTLY ABLED WORKERS 4. Permanent (F) 4 4 100.00% - - 5. Other than permanent (G) - - - - - 6. Total differently abled 4 4 100.00% - - workers (F + G) 21. Participation/Inclusion/Representation of women: Total No. and percentage of Females (A) No. (B) % (B / A) Board of Directors 8 1 12.50% Key Management Personnel 2 0 0 22. Turnover rate for permanent employees and workers: (Disclose trends for the past 3 years)(%) FY 2025-26 FY 2024-25 FY 2023-24 Male Female Total Male Female Total Male Female Total Permanent Employees 19.75 8.89 19.54 24.55 16.33 24.36 27.45 20.41 27.29 Permanent Workers 7.17 - 7.17 6.57 - 6.57 9.59 - 9.59 BUSINESS RESPONSIBILITY & SUSTAINABILITY REPORT V. Holding, Subsidiary and Associate Companies (including joint ventures): 23. (a) Names of holding / subsidiary / associate companies / joint ventures: S.No. Name of the holding /subsidiary / Indicate whether % of shares held Does the entity associate companies / holding/ Subsidiary/ by listed entity indicated at column A, joint ventures (A) Associate/ Joint Venture participate in the Business Responsibility initiatives of the listed entity? (Yes/No) 1 Maharashtra Seamless Finance Ltd. Subsidiary 100.00 No 2 Jindal Premium Connections Pvt. Ltd. Subsidiary 100.00 No 3 Maharashtra Seamless Subsidiary 100.00 No (Singapore) Pte. Ltd. 4 Jindal Pipes (Singapore) Pte. Ltd. Associate 30.00 No 5 Gondhkari Coal Mining Ltd. Joint Venture 30.30 No VI. CSR Details: (i) Whether CSR is applicable as per Yes section 135 of Companies Act, 2013 (ii) Turnover (in `) ` 50,58,78,21,929 (iii) Net worth (in `) ` 68,57,87,69,831 VII. Transparency and Disclosures Compliances: 25. Complaints/Grievances on any of the principles (Principles 1 to 9) under the National Guidelines on Responsible Business Conduct: Stakeholder group Grievance Redressal 2025-26 2024-25 from whom Mechanism in Place complaint is (Yes/No) Number of Number of Remarks Number of Number of Remarks received (If Yes, then provide complaints complaints complaints complaints web-link for grievance filed pending filed pending redress policy) during the resolution during the resolution year at close of year at close of the year the year Communities - - - - - - Investors (other Yes than shareholders) - - - - - - Shareholders http://www.jindal.com/msl 4 - - 1 - Employees and /pdf/Vigil-Mechanism-MSL - - - - - - workers .pdf Customers - - - - - - Value Chain Partners - - - - - - Other (please specify) - - - - - - BUSINESS RESPONSIBILITY & SUSTAINABILITY REPORT 26. Overview of the entity’s material responsible business conduct issues: The material responsible business conduct and sustainability issues pertaining to environmental and social matters that present a risk or an opportunity to your business, rationale for identifying the same, approach to adapt or mitigate the risk along-with its financial implications, as under: S. No. Material issue Indicate Rationale for In case of risk, Financial implications identified whether risk or identifying the risk/ approach to of the risk or opportunity opportunity adapt or opportunity (Indicate (R/O) mitigate positive or negative implications) 1. Product innovation, Opportunity Rapidly growing NA Positive. safety and quality economy and emphasis Development of the right on import substitution strategy on product through ‘Atmanirbhar innovation and quality Bharat’ presents will impact our business significant opportunity in a positive manner. 2. Customer Opportunity Customer satisfaction NA Positive. satisfaction leads the path for Increased customer market development, satisfaction presents market penetration and immense positive get [Showing first 8,000 characters — download PDF for full document]