JSW Steel : Redemption

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Ref: JSWSL: SEC: MUM: 2022-23

April 13, 2022

� Steel Limited

Regd. Office : JSW Centre, Sandra Kurla Complex,

Sandra (East), Mumbai - 400 051 CIN.: L27102MH1994PLC152925

Phone : [phone]

Fax : [phone] Website :www.jsw.in

1.National Stock Exchange of India Ltd.

Exchange Plaza

Bandra (E), Mumbai - 400 051

Tel: [phone]

Fax No.: 2659 8237-38

NSE Symbol: JSWSTEEL

Kind Attn.: Mr. Hari K, President (Listing)

2.BSE Limited

Corporate Relationship Dept. Dalal Street, Mumbai - 400 001. Tel: [phone] Extn- 8013

Fax No. 2272 2037/2039/ 2041/ 20 61

Scrip Code No.500228.

Kind Attn: (CRD).

TheGeneralManager

Sub:Intimation under the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015 {"Listing Regulations")

Dear Sir,

JSW Steel Limited ("Company") had issued senior unsecured fixed rate notes (5.25% due 2022) aggregating to US $ 500 million ("Notes") in April 2017.

We hereby inform you that the Company has redeemed the Notes today as per the terms of such Notes.

You are requested to take the same on record and treat the same as compliance under applicable regulations under the Listing Regulations and acknowledge receipt.

Thanking you,

Yours faithfully,

For JSW STEEL LIMITED

Laney Varghese Company Secretary

cc:

Singapore Exchange Securities Trading Limited 11 North Buona Vista Drive,

#06-07, The Metropolis Tower 2,

Singapore 138589

Hotline: [phone]

Fax: [phone]

JinU Part of O P Jindal Group