Scheme of Amalgamation Pursuant to Regulation 30 read with Regulation 51 of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015 ('Listing Regulations'), we hereby inform the Board of Directors, basis the recommendations of the Audit Committee and the Independent Directors of the Company, at their meeting held on December 3, 2025, has approved the Scheme of Amalgamation of Piombino Steel Limited (Transferor Company) with JSW Steel Limited (Transferee Company) under Sections 230 to 232 and other applicable provisions of the Companies Act, 2013 ('Act') ('Scheme').