JSW Steel Ltd.

Jsw Steel has informed that with reference to its intimation dated September 01, 2023 informing that due to un-economic operation, the Company had submitted a notice for surrender of mining lease on 1.9.2023 in respect of one mine, namely Jajang Iron Ore Block located in the district of Keonjhar, Odisha, out of the 4 iron Ore Mining leases it has in the State of Odisha, which were acquired through auction in 2020. The company informed that the Company upon considering Demand and supply scenario of Iron Ore in India, has today withdrawn its application for the Final Mine Closure Plan submitted on 1st September 2023 before the Indian Bureau of Mines for the purpose of surrender of Jajang Iron Ore Block located in the district of Keonjhar, Odisha. This is in compliance with applicable Regulation of the Securities Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015.

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