Jindal Saw Ltd. — Capital/Financing Update 2023

Oct 26, 2023

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October 26, 2023

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. : Grant of SAR under Jindal Saw Limited Stock Appreciation Rights’ Scheme, 2018 to - eligible employee(s) Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015

Dear Sir/Madam,

This is with reference to the captioned subject, we wish to inform you the Nomination and Remuneration Committee in their meeting held today i.e. 26[th] October, 2023, approved the grant of 3,04,430 SAR under Jindal Saw Limited Stock Appreciation Rights’ Scheme, 2018 to eligible employee(s).

This is for your information and record please.

Thanking you,

Yours faithfully,

FOR JINDAL SAW LTD.,

Digitally signed by SUNIL KUMAR JAIN DN: c=IN, postalCode=110087, st=DELHI, street=WEST DELHI, l=WEST DELHI, o=Personal, SUNIL serialNumber=cae3445e545680b5a6a2b3c48701defa014a81587d8bcfac5d63574d4c845c00, pseudonym=a7d1dc38ba454cf08f3ed12bff9947f4, 2.5.4.20=f3920032fcfecff0d9cf750fe7967b752ec364 KUMAR JAIN a68d4ef72da6ace99afc8dde4c, email=SUNIL.JAIN@JINDALSAW.COM, cn=SUNIL KUMAR JAIN Date: 2023.10.26 14:47:56 +05'30'

SUNIL K. JAIN COMPANY SECRETARY FCS- 3056

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