Jindal Saw Ltd. — Board/Management Information 2021

May 27, 2021

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May 27, 2021

BSE Limited National Stock Exchange of India Limited, Corporate Relation Department Listing Department, 1st Floor, New Trading Ring Exchange Plaza, Rotunga Building Phiroze Jeejeebhoy Towers Bandra Kurla Complex Dalal Street, Bandra (East) Mumbai - 400 001 Mumbai – 400 051 Stock code: 500378 Stock code: JINDALSAW

Sub.: — Constitution of Restructuring Committee to evaluate options of Restructuring of various – Subsidiaries/Associates Regulation 30 of SEBI (Listing Obligations and Disclosures Requirements) Regulations, 2015

Dear Sir,

This is with reference to the captioned subject, the Board of Directors of the Company in their meeting held today i.e. 27th May, 2021, constituted a Restructuring Committee to explore / evaluate options of consolidation/ restructuring the various subsidiaries/ affiliates/ associates of the Company by way of scheme of arrangement/ merger with it or otherwise so as to realize greater synergies, operational efficiency due to optimal utilisation of resources of the companies , reduction in administrative cost and lean organisation with an objective of maximizing value of all the stakeholders.

This is for your information and record please.

Thanking you.

Yours faithfully,

For Jindal Saw Limited,

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Sunil K. Jain Company Secretary FCS- 3056

Corporate Office : Jindal Centre, 12 Bhikaiji Cama Place, New Delhi- 110066 • Phone: +91 (11) 26188360 - 74, 26188345 Fax: +91 (11) 26170691 Regd. Office : A-1, UPSIDC, Indl. Area, Nandgaon Road, Kosi Kalan, Distt. Mathura (U.P.) - 281403 • Website: www.jindalsaw.com

CIN: L27104UP1984PLC023979