5002282026-11-015002282026-11-012026-11-01500228JSW STEEL LIMITEDJSWSTEELNOTLISTEDINE019A01038Updatefalse2026-10-3123:20:002025-12-032026-10-172026-11-01Amalgamation/ MergerScheme of Amalgamation of Piombino Steel Limited (Transferor Company) with JSW Steel Limited (Transferee Company) under Sections 230 to 232 and other applicable provisions of the Companies Act, 2013 (“Act”) (“Scheme”).OthersIn furtherance to our previous intimation dated October 17, 2026, on October 31, 2026 the Scheme has become effective (with effect from the Appointed Date of opening business hours of January 1, 2026), upon completion of the filing of the certified copy of the final Order passed by the Hon’ble Tribunal sanctioning the Scheme vide e-form INC-28 with the Registrar of Companies, Mumbai – I (MCA website) by the Transferor Company and the Company. Accordingly, the Transferor Company stands amalgamated with and into the Company, in accordance with the provisions of the Scheme. Consequent to the effectiveness of the Scheme, in terms of Clause 9 of the Scheme, the authorised share capital of the Transferor Company, comprising Rs. 1,20,00,00,00,000 (Indian Rupees Twelve Thousand Crores only) of equity share capital divided into 12,00,00,00,000 (Twelve Hundred Crores) equity shares of face value of Rs. 10 (Indian Rupees Ten only) each and Rs. 50,00,00,00,000 (Indian Rupees Five Thousand Crores only) of preference share capital divided into 5,00,00,00,000 (Five Hundred Crores) preference shares of face value of Rs. 10 (Indian Rupees Ten only) each, stands reclassified, consolidated and combined with the authorised share capital of the Company. Accordingly, the existing Clause V of the Memorandum of Association (MOA) of the Company stand substituted as follows: V. The Authorised Share Capital of the Company is Rs. 2,79,80,00,00,000 (Rupees Twenty Seven Thousand Nine Hundred and Eighty Crore only) consisting of 1,90,30,00,00,000 (Nineteen Thousand and Thirty Crore) equity shares of face value of Re. 1 (Rupee One only) each and 8,95,00,00,000 (Eight Hundred and Ninety Five Crore) preference shares of Rs. 10 (Rupees Ten only) each, with power to increase or reduce its share capital from time to time and to divide the shares in the capital for the time being into several classes and to attach thereto respectively such preferential, deferred, qualified or special rights, privileges, conditions or restrictions as may be determined by or in accordance with the Companies Act and the Articles of Association of the Company and to vary, modify, amalgamate or abrogate any such rights, privileges, conditions or restrictions in such manner as may be for the time being provided by the Articles of Association of the Company.This is with reference to our intimation dated October 17, 2026, informing the Stock Exchanges about receipt of the final order dated October 16, 2026, passed by the Hon’ble National Company Law Tribunal, Mumbai Bench (“Tribunal”) sanctioning the Scheme of Amalgamation of Piombino Steel Limited (“Transferor Company”) with JSW Steel Limited (“Company” or “Transferee Company”) and their respective shareholders under Sections 230 to 232 and other applicable provisions of the Companies Act, 2013 (“Act”) (“Order”).