BSE Metal Sector Regulatory Filings — July 27, 2026

27-07-2026

Jindal Steel Limited announced that ICRA Limited has upgraded its long-term credit ratings from [ICRA]AA (Stable) to [ICRA]AA+ (Stable) for both its bank facilities and Non-Convertible Debentures, while reaffirming its short-term rating at [ICRA]A1+. The upgrade also extends to the long-term bank facilities of its wholly owned subsidiary, Jindal Steel Odisha Limited. This positive rating action reflects improved creditworthiness and is a routine regulatory disclosure under SEBI Listing Regulations.

• · The rating upgrade applies to both Jindal Steel Limited and its wholly owned subsidiary Jindal Steel Odisha Limited.
• · Short-term bank facilities for both entities were reaffirmed at [ICRA]A1+, the highest short-term rating.
• · The revised ratings are [ICRA]AA+ (Stable) for long-term instruments, up from [ICRA]AA (Stable).

27-07-2026

Jindal Stainless Limited has informed the stock exchanges that its Board of Directors will meet on August 3, 2026, to consider and approve the unaudited standalone and consolidated financial results for the quarter ended June 30, 2026. The trading window, which was closed from July 1, 2026, will reopen on August 6, 2026, after the results are declared.

• · Board meeting scheduled for August 3, 2026.
• · Trading window closed from July 1, 2026, and will reopen on August 6, 2026.

27-07-2026

Lloyds Metals and Energy Limited received an order from the Commissioner of Customs, Nagpur, confirming a demand for differential customs duty of ₹7,74,60,071, along with interest of ₹54,74,037 and a penalty of ₹1,16,19,020 under the Customs Act, 1962, for misclassification of goods. The company has already paid the full amount before the order was issued. The company states the penalty has no material impact on its financials or operations.

• · The order was received on 27th July 2026, dated 21st July 2026.
• · The violation relates to misclassification of goods under the Customs Act, 1962.
• · The company paid the differential duty, interest, and penalty before the order was issued.
• · The company asserts no material impact on financials or operations.

27-07-2026

JSW Steel Limited held its 32nd AGM on July 24, 2026 (VC/OAVM) and all nine resolutions in the Notice dated July 01, 2026 were passed with requisite majority. Participation was high with 624086 shareholders on record date (July 17, 2026) and aggregate votes polled between 31.7726% and 90.1020% across resolutions; most resolutions saw overwhelming support (>99.7%), while Resolution No. 3 (re-appointment of Mr. Sajjan Jindal) had relatively higher opposition (10,143,656 votes against; 0.4605% of votes polled) compared with others, indicating some shareholder dissent on that re-appointment. Resolution Nos. 8 and 9 (material related-party transactions) had much lower overall turnout (31.7726% votes polled) driven by low polling from Public-Non Institutions (c.31.05% polled) despite near-unanimous support among those who voted.

• · All nine resolutions set out in the Notice dated July 01, 2026 were passed with requisite majority at the 32nd AGM held July 24, 2026.
• · Record date for shareholders: July 17, 2026.
• · Resolution-specific total votes polled (selected): Resolution No.1 total votes polled 2,202,935,945 (90.0829%); Resolution No.2 total votes polled 2,203,403,893 (90.1020%); Resolution No.3 total votes polled 2,202,873,079 (90.0803%); Resolutions No.8 and No.9 total votes polled 776,984,183 / 776,984,187 (31.7726%).
• · Resolution No.3 recorded the largest absolute number of votes against: 10,143,656 votes against (overall 0.4605% of votes polled).
• · Promoter & Promoter Group consistently polled 1,068,244,015 shares (98.6189% of their holding) by E-Voting across resolutions, except for Resolutions 8 & 9 where only 9,079,520 promoter votes were polled (0.8382% of promoter holding) indicating promoters abstained or did not vote on those items via E-Voting.
• · Public-Institutions polled c.516,012,902 shares (93.6252%) on several resolutions; Public-Non Institutions polled c.619,064,xxx shares (~76.3237%) on many resolutions but only ~251,891,7xx shares (~31.0554%) on Resolutions 8 & 9.

27-07-2026

Steel Authority of India Limited (SAIL) reported Q1 FY27 results with turnover of ₹26010 crore and PAT of ₹1636 crore. While EBITDA grew 49% YoY to ₹4356 crore and PAT rose 139% YoY, both metrics declined sequentially from Q4 FY26 (EBITDA down 8.5%, PAT down 2.6%). The company maintained a strong balance sheet with net worth of ₹59720 crore and debt-equity ratio of 0.54.

• · India's crude steel production grew 3% YoY in Q1 FY27, while finished steel consumption grew ~8% YoY.
• · Global crude steel production fell 1.5% in Jan-May 2026 vs CPLY, with China down 3.8%.
• · SAIL's EBITDA margin improved to 16.7% in Q1 FY27 from 11.4% in Q1 FY26.
• · Finance cost declined to ₹493 crore in Q1 FY27 from ₹595 crore in Q1 FY26.
• · Exceptional items of ₹144 crore impacted PBT in Q1 FY27.
• · Coke rate improved to 420 kg/thm in FY27 from 448 kg/thm in FY20.
• · Specific energy consumption improved to 6.20 GCal/tcs in FY27 from 6.48 GCal/tcs in FY20.
• · Debt (IndAS) stood at ₹31970 crore as of June 2026, down from ₹29811 crore in March 2025.
• · Net worth increased to ₹59720 crore as of June 2026 from ₹58195 crore in March 2025.
• · Quarterly interest expense declined to ₹493 crore in Q1 FY27 from ₹664 crore in March 2025.