JSW Steel Ltd.

Pursuant to Regulation 30(6) and 51(2) of the Listing Regulations 2015 as amended, JSW Steel has informed that India Ratings vide their Press Release dated December 15, 2025 has placed the ‘AA’ Ratings on Long Term Issuer Rating and Non-Convertible Debentures on ‘Rating Watch with Positive Implications’. A copy of the Press Release issued by India Ratings covering the rationale for rating action is enclosed.

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