JSW Steel Limited announced that Independent Director Seturaman Mahalingam ceased to hold the position on July 21, 2026, following the completion of his second five-year term. The disclosure was made to the National Stock Exchange of India Ltd. and BSE Limited under Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

Mahalingam served the company for a total of ten years. During his tenure, he chaired several Board committees, including the Audit Committee and the Nomination and Remuneration Committee, and was a member of other committees. The company acknowledged his contribution, stating it benefited from his deep knowledge and experience.

Details of Cessation

The company provided specific details regarding the change in its board composition in an annexure to the regulatory filing.

The information was submitted by Manoj Prasad Singh, Company Secretary, in the interim capacity. The disclosure is also available on the company's website.

JSW Steel Limited has appointed M/s. Deloitte Haskins & Sells Chartered Accountants LLP as its statutory auditor for a term of five years, subject to shareholder approval. The appointment is effective from the conclusion of the 33rd Annual General Meeting scheduled for 2027 and will remain in force until the conclusion of the 38th Annual General Meeting in 2032. The decision was taken by the Board of Directors at its meeting held on July 17, 2026, based on the recommendation of the Audit Committee.

The current statutory auditor, M/s. S R B C & CO. LLP, Chartered Accountants, will continue to perform the statutory audit until the conclusion of the 33rd Annual General Meeting in 2027. This marks the completion of their second consecutive term of five years with the company. The transition ensures continuity in the audit function while adhering to regulatory requirements.

M/s. Deloitte Haskins & Sells Chartered Accountants LLP was constituted in 1997 and converted to a Limited Liability Partnership (LLP) on June 2, 2021. The firm is registered with the Institute of Chartered Accountants of India (ICAI Firm Registration No. 117364W/W-100739) and operates as part of the Deloitte Haskins & Sells & Affiliates network. The firm has approximately 130 partners and offices across major cities including Mumbai, Gurugram, Kolkata, Chennai, Bangalore, Ahmedabad, Hyderabad, and Pune.

Auditor Details

The disclosure was made pursuant to Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The information is also available on the company's website. The Board meeting commenced at 10:00 AM IST and concluded at 02:35 PM IST on July 17, 2026.