John Cockerill India Limited has received approval from the Reserve Bank of India (RBI) for two corporate actions that were previously approved by shareholders at the 40th Annual General Meeting. The approval was received via email from the company's AD Banker on November 3, 2026.

The approved actions include:

  • Amendment to the terms of the Share Purchase Agreement with John Cockerill SA (the Parent Company) for the acquisition of shares of John Cockerill Metals International SA, Belgium
  • Issuance of Non-Cumulative Compulsorily Convertible Preference Shares on a preferential basis (swap of shares)

The company had previously intimated these matters to the stock exchange on June 25, 2026 (Ref: JCIL/BSE/2026). With the RBI approval now secured, the company will proceed with implementation of these matters and will provide appropriate intimations to the stock exchanges at subsequent stages.

The disclosure was signed by Nidhi N. Salampuria, Company Secretary & Compliance Officer (FCS: 10448), on behalf of John Cockerill India Limited.

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