Pendency of Litigation(s)/dispute(s) or the outcome impacting the Company

VISL/SEC./SE/2026-27/27 August 26, 2026 To To BSE Limited, National Stock Exchange of India Limited, Phiroze Jeejeebhoy Towers Exchange Plaza, C-1, Block – G, Dalal Street, Fort Bandra Kurla Complex, Bandra (E), Mumbai - 400 001 Mumbai – 400 051 BSE Scrip Code: 544784 NSE Scrip Code: VISL Sub: Disclosure under Regulation 30 of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015, as amended Dear Sir/Ma’am This is further to our intimation vide reference No. VISL/SEC./SE/2026-27/25 dated August 10, 2026. Pursuant to Regulation 30 read with Sub-para (8) of Para (B) of Part (A) of Schedule III of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, as amended (“SEBI LODR Regulations”), it is hereby informed that ESL Steel Limited (“ESL”), a subsidiary of Vedanta Iron And Steel Limited (“VISL”), has received a Demand-cum-Show Cause Notice under Section 74(1) of the Central Goods and Services Tax Act, 2017 from the Office of the Joint Commissioner, Central Goods and Service Tax & Central Excise, Ranchi on August 25, 2026 at around 4:28 pm. As per the said notice, the Department has proposed a GST demand of Rs.15,74,26,450 comprising IGST of Rs. 7,87,46,884, CGST of Rs.3,93,39,783 and SGST of Rs.3,93,39,783 along with applicable interest and penalty. ESL is examining the said notice and shall take appropriate steps in accordance with applicable laws within the prescribed timelines. The Company does not envisage any significant financial and operational impact on the Company. The details as required to be provided under Regulation 30 and sub-para 8 of Para B of Part A of Schedule III of the SEBI Listing Regulations, read with SEBI Master Circular No. SEBI circular HO/49/14/14(7)2025-CFD-POD2/I/3762/2026 dated January 30, 2026, are enclosed as “Annexure I”. We request you to please take the above on record. Thanking You, Yours faithfully, For VEDANTA IRON AND STEEL LIMITED Tina Lakhani Company Secretary & Compliance Officer Membership No.: A 34723 Encl.: As above VEDANTA IRON AND STEEL LIMITED Sesa Ghor, 20 EDC Complex, Patto, Panjim, Goa – 403 001, India T +91 832 6713601 | Website: www.vedantaironandsteel.com Email- ContactUs.VISL@vedanta.co.in Registered Office: C-103, Atul Projects, Corporate Avenue New Link, Chakala MIDC, Mumbai, Maharashtra-400093 CIN: L24109MH2023PLC411777 Annexure I Disclosure under Regulations 30 of the LODR read with Schedule III of the LODR and the Master Circular no. HO/49/14/14(7)2025-CFD-POD2/I/3762/2026 issued by SEBI on January 30, 2026 Sr. Particulars Details 1. Name of the Authority Office of the Joint Commissioner, Central Goods and Service Tax & Central Excise, Ranchi. 2. Nature and details of the action(s) taken, initiated Demand-cum-Show Cause Notice issued under Section or order(s) passed. 74(1) of the CGST Act, 2017 alleging short payment of GST under Reverse Charge Mechanism (RCM) during FY 2020-21 to FY 2022-23. This demand cum show cause notice is an update with reference to our earlier stock exchange intimation dated August 10, 2026, on the same matter. 3. Date of receipt of direction or order, including August 25, 2026 any ad-interim or interim orders, or any other communication from the authority 4. Details of the violation(s)/ contravention(s) Alleged short payment of GST amounting to committed or alleged to be committed Rs.15,74,26,450 comprising IGST of Rs.7,87,46,884, CGST of Rs.3,93,39,783 and SGST of Rs.3,93,39,783 during FY 2020-21 to FY 2022-23. Interest and penalty have also been proposed. 5. Impact on financial, operation or other activities ESL is evaluating appropriate legal remedy against the of the listed entity, quantifiable in monetary said notice and shall take appropriate steps in terms to the extent possible accordance with applicable laws within the prescribed timelines. Further, the Company envisages no material impact on the financial, operations and/ or other activities due to the said intimation. VEDANTA IRON AND STEEL LIMITED Sesa Ghor, 20 EDC Complex, Patto, Panjim, Goa – 403 001, India T +91 832 6713601 | Website: www.vedantaironandsteel.com Email- ContactUs.VISL@vedanta.co.in Registered Office: C-103, Atul Projects, Corporate Avenue New Link, Chakala MIDC, Mumbai, Maharashtra-400093 CIN: L24109MH2023PLC411777