Jindal Saw : Proceedings of 38th AGM-20th June, 2023

June 20, 2023
BSE Limited	National Stock Exchange of India Limited,
Corporate Relation Department	Listing Department,
1st Floor, New Trading Ring	Exchange Plaza,
Rotunga Building Phiroze Jeejeebhoy Towers	Bandra Kurla Complex
Dalal Street,	Bandra (East)
Mumbai - 400 001	Mumbai - 400 051
Stock code: 500378	Stock code: JINDALSAW

Sub. : Proceedings of 38th Annual General Meeting held on 20th June, 2023 - Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

Dear Sir/Madam,

With reference to the captioned subject, we are pleased to inform you that the 38th Annual General Meeting of the members of the Company was held today on 20th June, 2023 at 12:30 pm through Video Conferencing ("VC") / Other Audio Visual Means ("OAVM") to transact the following items:

ORDINARY BUSINESS:

1. Consider and adopt the Audited Standalone and Consolidated Financial Statements of the Company for the financial year ended 31st March, 2023 and the reports of the Directors and Auditors thereon.
2. Declare a dividend on equity shares.
3. Appoint a Director in place of Shri Prithavi Raj Jindal, Director (DIN: 00005301), who retires by rotation and, being eligible, offers himself for re-appointment.
4. Appoint a Director in place of Ms. Shradha Jatia, Director, (DIN: 00016940), who retires by rotation and, being eligible, offers herself for re-appointment.

SPECIAL BUSINESS:

1. Reappointment of Shri Sanjeev Shankar as an Independent Director for his Second Term of five consecutive years.
2. Reappointment of Shri Girish Sharma as an Independent Director for his Second Term of five consecutive years.
3. Reappointment of Dr. Vinita Jha as an Independent Director for her Second Term of five consecutive years.
4. Revision in remuneration payable to Ms. Sminu Jindal as Managing Director.
5. Appointment of Ms. Shradha Jatia as Whole-time Director for a period of five years.

1. Appointment of Ms. Tripti Arya as Whole-time Director for a period of five years.
2. Reappointment of Shri Neeraj Kumar as Group CEO & Whole-time Director for a period of five years.
3. Reappointment of Shri Hawa Singh Chaudhary as Whole-time Director for a period of two years.
4. To ratify the transactions entered with JSW Steel Limited.
5. Approval of related party transactions with JSW Steel Limited to be entered into during 2023-24 and 2024-25.
6. Approval of related party transactions with Jindal Steel & Power Limited to be entered into during 2023-24 and 2024-25.
7. Approval for borrowing upto Rupees 20,000 crores under provisions of Section 180(1)(c) of the Companies Act, 2013.
8. Approval under Section 180(1)(a) of the Companies Act, 2013 to hypothecate/mortgage and/or charge and/or encumber in addition to the hypothecation/mortgages and/or charges and/or encumbrances created by the Company.
9. Ratification of remuneration to be paid to M/s R. J. Goel & Co., Cost Accountants for the year 2023- 24.
10. Approval for conversion of loan into equity shares, in case of default in repayment.
11. Approval for issuance of debentures on private placement basis.
12. Approval for issuing of securities to Qualified Institutional Buyers.

The meeting was concluded at 3:17 P.M. The voting results of the above-said business items will be disclosed in due course of time.

Yours faithfully,

For Jindal Saw Limited,

SUNIL KUMAR JAIN

Digitally signed by SUNIL KUMAR JAIN DN: c=IN, postalCode=110087, st=DELHI, street=WEST DELHI, l=WEST DELHI, o=Personal, serialNumber=cae3445e545680b5a6a2b3c48701 defa014a81587d8bcfac5d63574d4c845c00, pseudonym=a7d1dc38ba454cf08f3ed12bff9947f 4, 2.5.4.20=f3920032fcfecff0d9cf750fe7967b752ec3 64a68d4ef72da6ace99afc8dde4c, email=[e-mail], cn=SUNIL

KUMAR JAIN

Date: 2023.06.20 15:19:48 +05'30'

Sunil K. Jain

Company Secretary

FCS- 3056