Jindal Saw Limited submitted a regulatory disclosure to BSE Limited and National Stock Exchange of India Limited pursuant to SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. This communication serves as an update regarding the status of the company's API (American Petroleum Institute) licenses.
The disclosure is made in continuation to the company's earlier disclosure dated 18th February, 2026. The company has successfully demonstrated all necessary corrective and preventive measures addressing the Non-Conformities (NCs) to the complete satisfaction of the American Petroleum Institute (API).
Consequently, the American Petroleum Institute has reinstated all of the company's API licenses effective from 24th June, 2026. This reinstatement authorizes the company to affix the API Monogram on its seamless pipes.
Key Details from Annexure A:
- Regulatory Authority: American Petroleum Institute (API)
- Nature of Action: Reinstatement of API licenses for seamless pipe facility
- Effective Date: 24th June, 2026
- Validity Period: The reinstated licenses are valid until 24th June, 2029 (three-year validity)
- Business Impact: The use of the API Monogram enables the company to resume the manufacture and supply of certified seamless pipes to global oil and gas majors, participate in tenders, and safeguard its core revenue streams
- Financial Impact: No withdrawal, cancellation, or suspension of license is applicable. No monetary impact or penalties are mentioned in the current disclosure
The disclosure was signed by Sunil Kumar Jain, Company Secretary (FCS-3056), on behalf of Jindal Saw Limited on 25th June, 2026 at 14:22:23 IST.