Date: September 25, 2026

Regulatory Disclosure

JSW Steel Limited has submitted a regulatory intimation to the National Stock Exchange of India Limited and BSE Limited regarding its subsidiary JSW One Platforms Limited. The disclosure is made under Regulation 30 of the Securities Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015.

Subsidiary Update - IPO Filing

JSW One Platforms Limited has filed a Draft Red Herring Prospectus (DRHP) dated September 24, 2026, with the Securities and Exchange Board of India, BSE Limited, and National Stock Exchange of India Limited. This filing is in connection with its proposed Initial Public Offer (IPO) of equity shares. The company notes that this filing follows their previous intimation dated July 17, 2026.

The IPO remains subject to receipt of necessary regulatory approvals, market conditions, and other considerations. No additional details about the IPO size, pricing, or timeline are disclosed in this intimation.

Distribution

A copy of this intimation has been forwarded to Singapore Exchange Securities Trading Limited at their address: 11 North Buona Vista Drive, #06-07, The Metropolis Tower 2, Singapore 138589.