BSE Metal Sector Regulatory Filings — May 14, 2026

14-05-2026

JSW Steel Limited's Board recommended a final dividend of ₹7.10 (710%) per fully paid-up equity share of ₹1 for the year ended March 31, 2026, subject to approval at the 32nd AGM on July 24, 2026. The Board approved re-appointment of Ms. Fiona Jane Mary Paulus as Independent Director for a second term up to May 26, 2032, and fundraising of up to ₹7,000 Cr through issuance of Non-Convertible Debentures with warrants and/or equity/convertible securities via Qualified Institutions Placement, subject to shareholder approval. Book closure is from July 8 to 10, 2026 (both inclusive), with record date July 7, 2026.

• · Prior shareholder approval for QIP obtained on July 25, 2025, but not acted upon within one year, requiring fresh approval at ensuing AGM.
• · Ms. Fiona Jane Mary Paulus has 45 years of investment banking experience, including senior roles at Royal Bank of Scotland, ABN AMRO Bank, CIBC, Credit Suisse, Societe Generale, JP Morgan, and Citigroup.
• · Board meeting held on May 14, 2026, from 11:00 am to 03:25 pm.

14-05-2026

The Board of Directors of JSW Steel Limited recommended a final dividend of ₹7.10 (710%) per fully paid-up equity share of ₹1 for the year ended March 31, 2026, subject to shareholder approval at the AGM on July 24, 2026. The Board approved the re-appointment of Ms. Fiona Jane Mary Paulus as an Independent Director for a second term up to May 26, 2032, and fundraising of up to ₹7,000 crores through non-convertible debentures with warrants and/or qualified institutional placement, pending approvals. Book closure for dividend and AGM is from July 8 to 10, 2026, with record date July 7, 2026.

• · First term of Ms. Fiona Jane Mary Paulus ends May 26, 2027; second term from May 27, 2027 to May 26, 2032.
• · 32nd AGM on Friday, July 24, 2026 via VC/AVM.
• · Register of Members and Share Transfer Books closed July 8-10, 2026 (both days inclusive).
• · Previous shareholder approval for QIP on July 25, 2025 expired after one year.

14-05-2026

JSW Steel's Board recommended a final dividend of Rs. 7.10 (710%) per fully paid-up equity share of Re. 1 for the year ended March 31, 2026, subject to shareholder approval at the AGM on July 24, 2026. The Board approved re-appointment of Ms. Fiona Jane Mary Paulus as Independent Director for a second term up to May 26, 2032, and authorized fundraising of up to ₹7,000 crores through non-convertible debentures with warrants or qualified institutions placement to qualified institutional buyers, subject to approvals. Book closure for dividend and AGM is from July 8 to July 10, 2026, with record date July 7, 2026.

• · Previous shareholder approval for QIP obtained on July 25, 2025, but not acted upon within one year, requiring fresh approval.
• · Ms. Fiona Jane Mary Paulus's first term as Independent Director ends May 26, 2027; second term effective from May 27, 2027.
• · Board meeting held on May 14, 2026, from 11:00 am to 3:25 pm.

14-05-2026

JSW Steel Limited's Board approved the Scheme of Amalgamation of BMM Ispat Limited (1 MTPA integrated steel facility in Karnataka near JSW's Vijayanagar plant) with JSWSL on May 14, 2026, expecting operational synergies, internalization of procurement/off-take, resource sharing, and faster capacity expansion using BMMIL's surplus land and clearances for 2 MTPA. Financials for FY26: JSWSL paid-up capital ₹244 Cr, turnover ₹132,847 Cr, net worth ₹77,625 Cr; BMMIL ₹855 Cr, ₹4,776 Cr, ₹2,732 Cr respectively. Share exchange ratio is 1 JSW equity share (₹1) for every 18 BMMIL shares (₹10), with promoter shareholding rising slightly from 45.32% to 45.65%.

• · Appointed Date: April 01, 2026
• · BMMIL facility has environmental clearances for 2 MTPA expansion
• · Scheme subject to approvals from shareholders, creditors, and National Company Law Tribunal
• · Board meeting: May 14, 2026, 11:00 a.m. to 03:25 p.m. IST
• · Post-scheme inter se transfer of 4.15% of BMMIL shares on May 12, 2026

14-05-2026

JSW Steel Limited's Board recommended a final dividend of ₹7.10 (710%) per fully paid-up equity share of ₹1 for the year ended March 31, 2026, subject to shareholder approval at the AGM on July 24, 2026. The Board approved the re-appointment of Ms. Fiona Jane Mary Paulus as Independent Director for a second term up to May 26, 2032, and fundraising of up to ₹7,000 Cr through non-convertible debentures with warrants or equity/convertible securities via Qualified Institutions Placement, subject to approvals. No declines or flat performances were reported in the outcomes.

• · Record Date for dividend: July 7, 2026.
• · Register of Members and Share Transfer Books closed from July 8 to 10, 2026 (both days inclusive).
• · AGM to be held via Video Conferencing/Other Audio Visual Means on July 24, 2026.
• · Previous shareholder approval for QIP obtained on July 25, 2025, but not acted upon within one year, requiring fresh approval.
• · Ms. Fiona Jane Mary Paulus has 45 years of investment banking experience, currently Senior Advisor at Gleacher Shacklock LLP.

14-05-2026

JSW Steel Limited's Board recommended a final dividend of ₹7.10 (710%) per equity share of ₹1 for FY ended March 31, 2026, subject to AGM approval. The Board approved re-appointment of Ms. Fiona Jane Mary Paulus as Independent Director for a second term up to May 26, 2032, and fundraising up to ₹7,000 crores via Non-Convertible Debentures with warrants or Equity/Convertible Securities through QIP, subject to shareholder and regulatory approvals. The 32nd AGM is set for July 24, 2026.

• · Book closure: July 8 to July 10, 2026 (both days inclusive) for dividend and AGM.
• · Record date for dividend: July 7, 2026.
• · AGM to be held via Video Conferencing/Other Audio Visual Means on July 24, 2026.
• · Prior shareholder approval for QIP obtained on July 25, 2025, but expired; fresh approval sought.
• · Ms. Fiona Jane Mary Paulus: 45 years investment banking experience; current roles at Gleacher Shacklock LLP, Metlen Energy & Metals PLC (joined Aug 3, 2025), ACG Acquisition Company Ltd.; past roles at RHI Magnesita, Nostrum Oil & Gas, Interpipe Group (resigned Sep 2025).