JSW Cement Limited — Important, 13-08-2026: Disclosure of material issue

JSW Cement's Board has greenlit the company's participation as a Promoter Selling Shareholder in the upcoming IPO of JSW One Platforms Limited (JOPL). This involves offering for sale JSW Cement's equity shares in JOPL, potentially aggregating up to ₹123 Cr.

**Issue:** JSW Cement plans to offload a portion of its stake in JSW One Platforms Limited through its IPO.

**Possible Impact:** This move signifies JSW Cement's strategic step to monetize its investment in JSW One Platforms and could provide capital for future growth or debt reduction. The market performance of JSW One Platforms' IPO will be a key factor.

**Company's Response/Mitigation:** The Board's approval is subject to market conditions, regulatory clearances, and final pricing determined in due course. JSW Cement will ensure compliance with all applicable laws for the transaction.