JSW Steel Ltd.

In compliance with Regulation 30(6) of the Securities Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015, (‘Listing Regulations 2015’) JSW Steel has informed that, ICRA through their release dated August 23, 2021 has upgraded the Company’s rating for Long Term Bank Facilities and Non-Convertible Debentures to ‘[ICRA] AA’; Stable Outlook, from ‘[ICRA] AA-‘; Positive Outlook and has reaffirmed the ratings for the Short Term Bank facilities and Commercial Paper at ‘[ICRA] A1+’. A copy of the report covering the rationale for the rating is available on their website. The rating details are attached.

The above information is a part of company’s filings submitted to BSE.