Jindal Saw Ltd. — Major Shareholding Notification 2025

Jun 10, 2025

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June 10, 2025

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.: In�ma�on under Regula�on 30 of SEBI (Lis�ng Obliga�ons and Disclosure Requirements) Regula�ons, 2015

Dear Sirs,

This is to inform you that consequent to the allotment of further equity shares by Jindal ITF Limited (subsidiary of the Company) to its other shareholders, the shareholding of the Company in Jindal ITF Limited is diluted from 76.09% to 56.42%.

The details as required under SEBI (Lis�ng Obliga�ons and Disclosure Requirements) Regula�on, 2015 read with SEBI Circular No. SEBI/HO/CFD/PoD2/CIR/P/0155 dated 11[th] November, 2024 are a�ached as per Annexure ‘1’ .

This is for your information and record.

Thanking you,

Yours faithfully, For Jindal Saw Limited,

SUNIL KUMAR JAIN Digitally signed by SUNIL KUMAR JAIN DN: c=IN, postalCode=110087, st=DELHI, street=WEST DELHI, l=WEST DELHI, o=Personal, serialNumber=cae3445e545680b5a6a2b3c48701defa014a81587d8bcfac5d63574d4c845c00, pseudonym=f347d48c4d624af9a955e35e5c68f089, 2.5.4.20=f3920032fcfecff0d9cf750fe7967b752ec364a68d4ef72da6ace99afc8dde4c, email=SUNIL.JAIN@JINDALSAW.COM, cn=SUNIL KUMAR JAIN Date: 2025.06.10 16:05:29 +05'30'

Sunil K Jain Company Secretary FCS- 3056

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Annexure ‘1’

Details with respect to Regula�on 30 read with SEBI Circular no. SEBI/HO/CFD/PoD2/CIR/P/0155 dated 11[th] November, 2024

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S.no. Details Par�culars
1. Name of the target entity, details in brief Jindal ITF Limited (Subsidiary of the Company)
such as size, turnover etc;
2. whether the acquisition would fall within Not Applicable
related party transaction(s) and whether
the promoter/ promoter group/ group
companies have any interest in the entity
being acquired? If yes, nature of interest
and details thereof and whether the same
is done at “arm’s length;
3. industry to which the entity being Water Transporta�on
acquired belongs;
4. objects and impact of acquisition Dilu�on
(including but not limited to, disclosure of Due to the allotment of further equity shares by JITF
reasons for acquisition of target entity, if to its other shareholders
its business is outside the main line of
business of the listed entity);
5. brief details of any governmental or Not Applicable
regulatory approvals required for the
acquisition;
6. [indicative time period for completion of ] Dilu�on date -09.06.2025
the acquisition;
7. consideration - whether cash Others- Due to the allotment of equity shares by JITF
consideration or share swap or any other to its other shareholders
form and details of the same;
8. cost of acquisition and/or the price at Not Applicable
which the shares are acquired;
9. percentage of shareholding / control The shareholding of the Company in Jindal ITF
acquired and / or number of shares Limited had decreased from 76.09% to 56.42%
acquired;
10 brief background about the entity Water Transporta�on
acquired in terms of products/line of Date of incorpora�on - 18.09.2007
business acquired, date of incorporation, Country – India
history of last 3 years turnover, country in
which the acquired entity has presence
and any other significant information (in
brief);
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