Jindal stainless has achieved a significant milestone in transport logistics by developing India's first stainless steel container specifically designed for salt transportation in partnership with Indian Railways. The prototype successfully completed loading and unloading trials at Bhimasar, Gandhidham, Gujarat on February 10, 2026, marking a pioneering step towards more durable and sustainable freight operations.

Technical Specifications and Design

The 20-foot salt container represents a complete integration of stainless steel technology in transport logistics. The container utilizes advanced materials engineering to address the unique challenges of salt transportation in corrosive environments.

Performance Metrics and Capacity

The stainless steel salt container delivers substantial improvements in operational efficiency and environmental sustainability compared to conventional transportation methods.

Strategic Advantages and Sustainability

Managing Director Abhyuday Jindal emphasized the transformative potential of this innovation: "Salt transportation is highly vulnerable to corrosion, leading to frequent repairs, premature asset failure, and significant resource wastage – challenges that can be effectively addressed through the integration of stainless steel."

The stainless steel containers offer multiple operational benefits:

• Corrosion Resistance: Superior performance in coastal and chloride-rich environments
• Maintenance Reduction: Negligible maintenance costs due to material properties
• Environmental Impact: Eliminates tarpaulin covers and reduces salt contamination
• Productivity Enhancement: Mechanized loading and unloading for faster turnaround times
• Longevity: 6-7 times longer lifespan than conventional materials

Development and Manufacturing Partnership

The prototype has been fabricated by Kalyani Cast Tech Private Limited and developed in accordance with Research Designs & Standards Organisation (RDSO) Lucknow specifications. This collaboration ensures the container meets rail-specific loading, handling, and operational requirements for Indian Railways infrastructure.

The development incorporates learnings from Jindal Stainless' previous salt logistics solutions, including stainless steel salt tipper trailers unveiled in the previous year, enabling seamless rail-to-road, door-to-door multimodal movement of bulk salt.

Company Performance and Expansion

Jindal Stainless reported an annual turnover of INR 40,182 crore (USD 4.75 billion) in FY25 and is expanding its facilities to reach 4.2 million tonnes of annual melt capacity in FY27. The company operates 16 stainless steel manufacturing and processing facilities across India and internationally, including locations in Spain and Indonesia, with a worldwide network spanning 12 countries as of March 2025.

Jindal stainless Limited has announced the successful incorporation of its wholly-owned subsidiary, 'Jindal Stainless Corporate Management Services Private Limited' (JSCMSPL), following approval from the Ministry of Corporate Affairs on 12th February, 2026.

Corporate Structure Enhancement

The incorporation represents a strategic move to address the company's expanding operations and increasing business complexity. The Board of Directors had initially approved the subsidiary's formation during their meeting on 10th November, 2025, recognizing the need for a centralized shared services entity to manage multiple group entities effectively.

Regulatory Compliance and Disclosure

The company has fulfilled its disclosure obligations under Regulation 30 of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015. The detailed disclosure was made pursuant to SEBI Circular No. HO/49/14/14(7)2025-CFT-POD2/I/3762/2026 dated 30th January, 2026.

Business Purpose and Operations

JSCMSPL has been established specifically to function as a centralized shared services entity. This strategic positioning will enable the subsidiary to provide coordinated support services across Jindal Stainless Limited's various business operations and group entities.

Key aspects of the subsidiary include:

• Centralized shared services operations
• Support for expanding business complexity
• Coordination across multiple group entities
• Strategic alignment with parent company objectives

Related Party Considerations

As a wholly-owned subsidiary, JSCMSPL is classified as a related party of Jindal Stainless Limited. However, the company has clarified that promoters and promoter groups maintain no direct interest in the newly incorporated entity. The company has subscribed to 100% of JSCMSPL's paid-up share capital, ensuring complete ownership and control.

Being newly incorporated, the subsidiary does not yet have operational turnover or historical financial performance data. The entity's future performance will be closely tied to its role in providing centralized services to support the parent company's expanding operations.