Jindal Steel Limited has submitted its quarterly compliance certificate under SEBI regulations to stock exchanges, marking another milestone in its regulatory adherence. The certificate pertains to the quarter ended March 31, 2026, and demonstrates the company's commitment to maintaining transparency and compliance with market regulations.

Regulatory Filing Details

The company filed the certificate under Regulation 74(5) of the SEBI (Depositories and Participants) Regulations, 2018 with both major stock exchanges on April 8, 2026. The submission was made by Damodar Mittal, Wholetime Director of Jindal Steel Limited, to ensure proper regulatory compliance.

Certificate Verification Process

Alankit Assignments Limited, serving as the Registrar and Share Transfer Agent for Jindal Steel Limited, issued the compliance certificate on April 4, 2026. The certificate was signed by Kamal Garg, General Manager at Alankit Assignments Limited, confirming adherence to regulatory requirements.

The certification process involved verification of the following key aspects:

• Securities comprised in certificates have been listed on stock exchanges
• Physical certificates have been duly verified, mutilated, and cancelled
• Depository name has been substituted in records as the registered owner

Company Information

Jindal Steel Limited, formerly known as Jindal Steel & Power Limited, operates with its corporate office located at Jindal Centre, 12 Bhikaji Cama Place, New Delhi. The company's registered office is situated at O.P. Jindal Marg, Hisar, Haryana.

Regulatory Significance

The SEBI Regulation 74(5) certificate serves as a crucial compliance document that ensures proper handling of dematerialization processes for physical share certificates. This quarterly filing demonstrates the company's adherence to depositories regulations and maintains investor confidence through transparent reporting mechanisms. The involvement of Alankit Assignments Limited as the registered transfer agent adds an additional layer of verification to the compliance process, ensuring all regulatory requirements are met systematically.

Jindal Steel Limited has achieved a groundbreaking milestone in India's steel industry by pioneering advanced coal gasification technology that strengthens the nation's energy security while enabling sustainable steel production. The company has successfully deployed swadeshi coal through innovative gasification processes across multiple steelmaking applications, cutting imported coking coal use significantly.

Revolutionary Coal Gasification Applications

Jindal Steel has established several industry-first achievements in coal gasification technology. The company created India's first coal gasification-based Direct Reduced Iron (DRI) plant, utilizing syngas for iron-making processes. This represents a global first in the steel industry and demonstrates the company's commitment to technological innovation.

In response to shortages of natural gas, LPG, and propane, the company has successfully implemented syngas in galvanising and colour coating line furnaces. This marks the first such application in the steel industry and helps mitigate fuel shortages during challenging times.

Integrated Syngas Deployment Strategy

Jindal Steel has pioneered syngas injection into its blast furnace operations, significantly reducing dependence on imported coking coal while lowering carbon emissions per tonne of steel produced. This integrated deployment of syngas across the entire steelmaking value chain establishes new benchmarks for efficiency, sustainability, and energy self-reliance in the Indian steel sector.

The company's approach demonstrates how synthesis gas from swadeshi coal can replace various imported materials including methanol, ammonia, ammonium nitrate, and LNG. This strategy supports India's goal of utilizing its vast coal reserves for future-proof low-carbon growth while reducing foreign exchange outflow.

Leadership Perspective and Strategic Vision

Mr. P.K. Biju Nair, Executive Director Angul, Jindal Steel, emphasized the strategic importance of this technology: "Synthesis gas from swadeshi coal can replace imported methanol, ammonia, ammonium nitrate, and LNG. India must utilise its vast coal reserves to future-proof low-carbon growth and reduce forex outflow. Coal gasification, coupled with CCUS, will lower emission intensity, support CBAM compliance, and strengthen our export competitiveness."

The company's innovations align with the Government of India's forward-looking policies, including the National Coal Gasification Mission, which are expected to accelerate adoption of coal gasification technologies nationwide.

Company Profile and Investment Scale

Jindal Steel operates as one of India's foremost integrated steel producers with a robust mine-to-metal business model. The company leverages captive resources, advanced manufacturing capabilities, and a global distribution network to deliver high-performance steel solutions across core sectors including infrastructure, construction, and manufacturing.

The company's diversified and future-ready product portfolio supports critical sectors while advancing the vision of Aatmanirbhar Bharat through sustainable and cost-competitive steel production using advanced clean coal gasification technologies.