Jindal Steel Ltd. — Capital/Financing Update 2021

Aug 25, 2021

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August 25, 2021

BSE Limited National Stock Exchange of India Limited First Floor, New Trading Ring ExchangePlaza, 5th Floor Rotunda Building, P J Towers Plot No.C/1, G Block Dalal Street, Fort Bandra-Kurla Complex Mumbai 400 001 Bandra (East), Mumbai 400 051 corp.relations@bseindia.com cmlist@nse.co.in Security Code: 532286 Symbol: JINDALSTEL

Dear Sir/Madam,

Sub: Prior Intimation under Regulations 29 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations 2015 (“SEBI Listing Regulations”)

Pursuant to Regulation 29 and other applicable provisions of the SEBI Listing Regulations, we would like to inform you that the meeting of the Board of Directors of Jindal Steel & Power Limited is scheduled to be held on Monday, August 30, 2021 to consider raising funds including by way of issuance of non-convertible, senior, unsecured, fixed / LIBOR rate notes denominated in foreign currency, to be issued in one or more tranches, subject to receipt of requisite regulatory and other approvals.

Kindly take the same on your record.

Yours faithfully, For Jindal Steel & Power Limited

Anoop Singh Juneja Company Secretary & Compliance Officer

Jindal Steel & Power Limited Corporate Office Jindal Centre, 12 Bhikaiji Cama Place, New Delhi 110 066 CIN: L27105HR1979PLC009913 T +91 11 4146 2000 F +91 11 2616 1271 W www.jindalsteelpower.com, E: jsplinfo@jindalsteel.com Registered Office O. P. Jindal Marg, Hisar, 125 005, Haryana