Jindal Stainless Ltd has updated the contact details of its Key Managerial Personnel (KMPs) authorised to determine the materiality of events or information. The disclosure, made pursuant to Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, is effective from June 25, 2026. This update ensures that the stock exchanges have accurate information regarding the officials responsible for making necessary disclosures.

The company has designated Mr. Navneet Raghuvanshi, Head-Legal, Company Secretary & Compliance Officer, and Mr. Kunjal Mehta, Chief Financial Officer, as the authorised personnel. Their official contact information, including email and phone numbers, has been provided to BSE Limited and the National Stock Exchange of India Ltd.

The following table outlines the designated personnel and their contact details:

This information has been uploaded to the company's website under the 'Contact Personnel & Materiality of Events' section. The update aligns with the company's policy for determining the materiality of events and information as specified in Para B of Part A of Schedule III.

Jindal Stainless Limited has approved the grant of 39,608 stock options under its JSL – Employee Stock Option Scheme 2023 (ESOS 2023). The grant, comprising 19,804 Employee Stock Options (ESOPs) and 19,804 Restricted Stock Units (RSUs), was approved by the Nomination and Remuneration Committee on June 23, 2026. Each option is convertible into one equity share with a face value of Rs 2.

The pricing for the options varies based on the instrument. The ESOPs are priced at Rs 349 per share, representing a 50% discount from the closing market price on the National Stock Exchange (NSE) on June 19, 2026, which was the exchange with the higher trading volume. The RSUs are priced at the face value of the shares, which is Rs 2 each.

The scheme is in compliance with the Securities and Exchange Board of India (SBEB) Regulations, 2021. Options granted under this scheme will vest according to a specified schedule and can be exercised within a period of four years from the date of vesting. As of March 31, 2026, 8,31,560 options had already vested under the scheme.

Historical data provided in the disclosure indicates that 5,15,236 options had been exercised as of March 31, 2026, resulting in the issuance of an equivalent number of equity shares. The JSL Employee Welfare Trust realized ₹ 7,12,20,579.5 from the exercise of these vested options. Additionally, 4,87,180 options had lapsed as of the same date.

Breakdown of Options Granted