Meeting Details

The 32nd Annual General Meeting of JSW Steel Limited was held on Friday, July 24, 2026, at 11:00 A.M. IST through Video Conferencing / Other Audio Visual Means. The meeting concluded at 12:43 P.M. IST.

Attendance and Proceedings

Mr. Manoj Prasad Singh, Company Secretary (in the interim capacity), welcomed shareholders, board members, representatives of bodies corporate, institutional investors, foreign collaborators, joint venture partners, auditors, and employees. Directors joined from India, Japan, Germany, and UK. The CFO, auditors, scrutinizer, and chairpersons of key committees were present.

Mr. Nilesh Shah, Practicing Company Secretary, was appointed as Scrutinizer to oversee the voting process in accordance with the Companies (Management & Administration) Rules, 2014.

Voting Process

Shareholders as of the cut-off date July 17, 2026, were provided e-voting facilities through KFIN Technologies Limited. The e-voting portal was open from 9:00 a.m. on Tuesday, July 21, 2026, to 5:00 p.m. on Thursday, July 23, 2026. Additional voting through Insta Poll was available during the AGM for members who had not voted earlier.

The cumulative results of electronic voting and Insta Poll voting will be placed on the company's website (www.jsw.in) and KFIN Technologies Limited's website within two working days of the AGM conclusion, and communicated to stock exchanges.

Board Changes and Acknowledgements

Mr. Sajjan Jindal, Chairman, welcomed new Independent Director Mr. Dev Bajpai, appointed effective July 2, 2026. The board acknowledged the contributions of Mr. Seturaman Mahalingam who completed his ten-year tenure as Independent Director on July 20, 2026.

Business Transacted

The following resolutions were considered and approved at the meeting:

Ordinary Business

1. Adoption of Audited Financial Statements for FY2025-26 ending March 31, 2026, together with Reports of Board of Directors and Auditors, and Audited Consolidated Financial Statements with Auditors' Report

2. Declaration of dividend on equity shares for financial year ended March 31, 2026

3. Re-appointment of Mr. Sajjan Jindal (DIN: 00017762) who retired by rotation and offered himself for re-appointment

4. Ratification of remuneration payable to M/s. Shome & Banerjee, Cost Auditors for financial year ending March 31, 2027

Special Business

5. Re-appointment of Ms. Fiona Jane Mary Paulus (DIN: 09618098) as Independent Director

6. Appointment of Mr. Devopam Bajpai (DIN: 00050516) as Independent Director

7. Consent for issue of specified securities to Qualified Institutional Buyers

8. Approval for undertaking material related party transaction(s) with JSW JFE Steel Limited (formerly JSW Sambalpur Steel Limited), a joint venture of the Company

9. Approval for undertaking material related party transaction(s) between JSW Steel Global Trade Pte. Limited (wholly owned subsidiary) and JSW JFE Steel Limited (joint venture)

The meeting was declared closed subject to voting on these items by Insta Poll.