Shareholders meeting

@ JAI BALAJI INDUSTRIES LIMITED Ref: |BIL/S)/ AR/2026-27 Date: 31st August, 2026 To To ‘I'he Manager, The Manager, Listing Department, Dept. of Corporate Services National Stock Iixchange of India Limited BSE Limited “IIXCHANGE PLAZA”, C-1, Block G Phiroze Jecjecbhoy Towers Bandra - Kurla Complex, Bandra () Dalal Street, Mumbai - 400 051 Mumbai - 400 001 (Company’s Scrip Code: JAIBALAJI) (Company’s Scrip Code: 532976) Dear Sir/Madam, Sub: Submission of the Noticfoer the 27" Annual General Mcetinangd A nnual Report for the Financial Year 2025-2026 Pursuant to Regulation 30 and 34 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 (“SEBI Listing Regulations”), kindly find enclosed herewith the Annual Report of the Company for the Financial Year 2025-2026 along with the Notice convening 27 Annual General Meeting of the Company scheduled to be held on Thursday, 24 September, 2026 at 12:30 p.m. through Video Conferencing (“VC”) or Other Audio Visual Means (“OAVM”), to transact the businesses as mentioned in the Notice of the Annual General Meeting. ‘The said Notice and Annual Report for the financial year 2025-2026 are being sent through e- mails to the Members of the Company at their registered e-mail addresses. lurther, in accordance with Regulation 36(1)(b) of the SEBI Listing Regulations, a letter providing the exact web-link of the Company’s website from where the Annual Report including Notice of the AGM can be accessed is being sent to members whose email address is not registered with the Company/RIA/DPs. A copy of the letter is enclosed herewith for your record. ‘I'he said Annual Report, Notice of the 27" AGM and other relevant documents will also be available on the website of the Company at www jaibalajigroup.com “The same is for your kind information and record. I'hanking you. Yours faithfully, lior Jai Balaji Industries Limited Ajay Kumar Tantia Company Secretary lincl.: As Above Regd. Office | 5, bentinck Seet, 1t Foor, Kola-t 70a0 001 Corporate Office | LM Comi Phone : +91-33-2248 3604, 2248 0238 *5C, Hemanta Basu Saran, ‘ E-ma.i l info@;aibalajigcrooump 1 4 Floor, Kotk- 7a00t 0a01 ! Website . vww jaibatajigroup.corm | hone - +91-33-2248 8173, 2248 9808 CIN - L27102WB1999PLCO8BITSS BUILDING Jai Balaji Industries Limited THE NATION 27TH ANNUAL REPORT 2025-26 Contents Corporate overview 2 5 developments that defined FY 2025-26 at our Company 4 Corporate snapshot BUILDING 6 Water: Consistently one of India's largest long-term infrastructure opportunities 8 Chairman's message THE NATION 12 Ductile iron pipes 13 Ferro alloys 14 TMT bars and wire rods 15 Direct reduced iron (sponge iron) India is building at scale. rising from 17% in the previous year to 30% 16 Pig iron during the year under review. This growth Across infrastructure, manufacturing, 17 Awards and recognitions underscores the increasing importance of water, energy and urban development, 18 Environment, health and safety at Jai Balaji the specialised ferro alloys business within the country is creating opportunities 20 Talent Management the Company’s overall operations and that extend beyond conventional steel 22 Corporate Social Responsibility consumption. reflects company’s continued focus on strengthening and diversifying its revenue Statutory report For Jai Balaji, FY 2025–26 was about streams. preparing to participate in this opportunity Broadbased capabilities. Behind these 24 Notice to the Shareholders differently. developments was a continued focus 44 Directors' Report The Company continued to strengthen the on the capabilities that make growth 56 Business Responsibility and Sustainability Reporting building blocks of its next growth phase. sustainable: people, processes, technology, 94 Report of the Directors’ on Corporate Governance safety and resource efficiency. Individually, A strong portfolio. Ductile Iron Pipes 120 Management Discussion and Analysis each initiative strengthened a different part strengthened Jai Balaji's participation in of the business. Together, they are shaping India's water infrastructure opportunity. The Financial section something larger. ferro alloys vertical represented another 131 Independent Auditor’s Report step towards specialised and higher-value A broader. More integrated. More 144 Financial Statements applications. differentiated foundation for growth. A more integrated manufacturing The objective is not simply to add capacity base. Investments across the value chain or increase volumes. It is to create a business enhanced the Company's ability to optimise that can participate across a wider range Forward-looking statement: production, product mix and resource of products and applications, optimise In this Annual Report, we present forward-looking information utilisation while responding more flexibly to opportunities across the value chain and to help investors understand our prospects and make informed changing market conditions. respond with greater agility as markets decisions. This report, along with other periodic written and evolve. A stronger financial foundation. With oral statements, contains forward-looking statements based debt-equity improving to 0.19x and reserves FY 2025–26 was an important year in on the management’s plans and assumptions. We have tried to & surplus increasing to H2,075.11 cr, the building that foundation. identify these statements with words like ‘anticipates,’ ‘estimates,’ Company strengthened the financial ‘expects,’ ‘projects,’ ‘intends,’ ‘plans,’ ‘believes,’ and similar terms The ecosystem is now broader. The capabilities flexibility required to support its strategic related to future performance discussions. While we believe are becoming stronger. And as these priorities. our assumptions are prudent, we cannot guarantee that these investments mature, Jai Balaji will be better forward-looking statements will be realised. The achievement A stronger revenue contribution from positioned to scale its growth across India's of results is subject to risks, uncertainties and potential Specialised Ferro Alloys. The Company expanding infrastructure and industrial inaccuracies in our assumptions. If known or unknown risks witnessed a significant increase in the landscape. or uncertainties materialise, or if our assumptions prove contribution of ferro alloys to its revenue, inaccurate, actual results could differ materially from those anticipated, estimated, or projected. Readers should keep this in mind. We are not obligated to publicly update any forward- looking statements due to new information, future events, or otherwise Jai Balaji Industries Limited | Annual Report 2025-26 Corporate overview Statutory report Financial section 1 We kept building The Company continued investing in its manufacturing capabilities even as industry conditions remained challenging. The focus was not indiscriminate capacity addition. It comprised targeted expansion in areas linked to long-term demand and higher value addition. 2 We moved closer to infrastructure Ductile iron pipes strengthened the Company’s participation in India’s water infrastructure opportunity. Launch of OPVC pipes /tubes/fittings added another product category within the broader water ecosystem. The direction is clear: From steel products to infrastructure solutions. 3 We deepened specialisation Specialised ferro alloys provide an opportunity to participate in the growing requirement for higher-performance steel and specialised grades. The strategy is increasingly about value per tonne, rather than simply tonnage. The contribution of specialsed ferro alloys to the Company’s revenue increased significantly from 17% to 30% during the year. 4 We protected financial flexibility Debt-equity improved to approximately 0.19x, while reserves & surplus increased to H2,075.11 cr . In a dynamic industry, a stronger Balance Sheet is more than a financial metric – it is a room to manoeuvre. Developments that defined FY 2025-26 5 We built [Showing first 8,000 characters — download PDF for full document]