Jindal Saw has informed that the Board of Directors of the Company in its meeting held today09th June, 2025 approved the following investment proposals: To incorporate a step-down subsidiary in United Arab Emirates;. To enter into JV agreement between Jindal Saw Holdings FZE, a subsidiary of the Company and BUHUR FOR INVESTMENT COMPANY LLC, KSA (Buhur) for incorporating a new Company in Kingdom of Saudi Arabia (KSA); To enter into JV agreement between Jindal Saw Holdings FZE (JSH), a subsidiary of the Company and RAX United Industrial Company, KSA (RAX) for incorporating a new Company in Kingdom of Saudi Arabia (KSA).
The above information is a part of company’s filings submitted to BSE.