JSHL:2020: December 2, 2020

BSE Limited National Stock Exchange of India Ltd.

Ist Floor, New Trading Ring, Exchange Plaza, 5th Floor,

Rotunda Building, P J Towers, Plot no. C/1, G Block

Dalal Street, Fort, Bandra-Kurla Complex, Bandra(E),

Mumbai — 400 001 Mumbai-400051

Email: corp.relations@bseindia.com Email: cmlist@nse.co.in

Security Code No.: 539597 Security Code No. : JSLHISAR

Sub.: Intimation pursuant to Regulation 23(9) of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015- Disclosure of Related Party Transactions

Dear Sirs,

In compliance with the provision of Regulation 23(9) of the Securities and Exchange

Board of India (Listing Obligations and Disclosure Requitements) Regulations, 2015, please find enclosed herewith the disclosure of related party transactions on a

consolidated basis of Jindal Stainless (Hisar) Limited for the half year ended September 30, 2020.

You are requested to take the above information on record.

Thanking you,

Yours faithfully,

for Jindal Stainless (Hisar) Limited

(Bhartentia Harit)

Company Secretary

—

Encl. As above

JINDAL STAINLESS (HISAR) LIMITED

In accordance with the requirement of Indian Accounting Standard (Ind AS) 24"Related party Disclosures" related party relationship, transactions

and outstanding balances with whom transactions have taken place are as follows:

List of Related parties

a)

b)

uw

ne

c)

d)

11

12

13

14

15

16

aL?

e)

wn e

BwWN Pe

Associates

Jindal Stainless Corporate Management Services Pvt. Limited

Jindal Stainless Limited

J§ 5 Steelltalia Limited *

“Associate of subsidiary viz, Jindal Stainless Steelway Limited

Subsidiaries and associates of parties listed in (a) above

Jindal Stainless FZE, Dubai

PT Jindal Stainless Indonesia

Iberjindal S.1.

Jindal Coke Limited

Jindal United Steel Limited

Trusts

Jindal Stainless (Hisar) Limited Group Gratuity Fund

Jindal Stainless (Hisar) Limited (Ferro alloys) Group Gratuity Scheme

Jindal Stainless (Hisar) Limited EPF Trust

Jindal Stainless (Hisar) Welfare Fund

Key Management Personnel

Mr. Ratan Jindal

Mr. Abhyuday Jindal

Mrs. Deepika Jindal

Mr. Jagmohan Sood

Mr.Ramnik Gupta

Mr. Bhartendu Harit

Mr. Mandeep Singh

Mr. Ajay Jain

Mr. Rajesh Kumar Pandey

Mr.Dhirendra Bahadur Singh

Mr. Kanwaljit Singh Thind

Mr. Girish Sharma

Mrs. Arti Luniya

Mr. Arunendra Kumar

Mr. Nirmal Chandra Mathur

Mrs.Shruti Shrivastava

Mr.Ashok Kumar Agarwal

Mr, Abhishek Poddar

Country of

Incorporation

INDIA

INDIA

INDIA

UAE

INDONESIA

SPAIN

INDIA

INDIA

Chairman-Jindal Stainless (Hisar) Limited

Managing Director -Jindal Stainless (Hisar) Limited

Managing Director-JSL Lifestyle Limited (Director - Jindal Stainless

(Hisar) Limited)

Whole Time Director -Jindal Stainless (Hisar) Limited

Chief Financial Officer -Jindal Stainless (Hisar) Limited

Company Secretary-Jindal Stainless (Hisar) Limited and JSL Lifestyle

Limited

Exceutive Director & CEO-JSL Lifestyle Limited

Chief Financial Officer ( appointed wef 29.01.2020)-JSL Lifestyle

Limited

Company Secretary-Jindal Stainless Steelway Limited

Chief Financial Officer (wef 09.06.2020) -Jindal Stainless Steelway

Limited Independent Director -Jindal Stainless(Hisar) Limited* (Ceased

to be Director w.e.f. close of working hours on 01.11.2020)

Independent Director-Jindal Stainless (Hisar) Limited *

Independent Director-Jindal Stainless (Hisar) Limited *

Independent Director-Jindal Stainless (Hisar) Limited *

Independent Director -Jindal Stainless(Hisar) Limited and Jindal

Stainless Steelway Limited*

Independent Director -Jindal Stainless Steelway Limited*

Independent Director -JSL Lifestyle Limited*

Independent Director -JSL Lifestyle Limited*

*independent directors are Included only for the purpose of compliance with definition of key management personnel given

under IND AS 24.

Enterprises over which any person described in (d) along with their relatives is able to exercise significant influence with whom

transactions have been taken place during the year:

Jindal Defence Systems Private Limited (previously known as Jindal Defence Systems Limited)

Jindal Advance Materials Private Limited

JSL Global Commodities Pte. Ltd.

Prime Stainless DMCC

Transactions during the period ended 30th September 2020 with Related Parties: (Amount in Rs crores)

For the period ended

30th September,2020

Description Associates & Key

Other Parties Management

(a,b,c&e) Personnels (d)

Purchase of goods 863.06 <

Sale of goods 149.30 -

Job charges received 6.58 3

Job work charges paid 4.06 :

Freight charges received 0.64 :

Rent received Tti >

Rent paid 0.79

Receiving of services (Remuneration) - 6.41

Commission on sale paid 0.38 =

Interest income 45.74 -

Operation and Maintainence charges received 1.25 -

Consultancy charges paid 19.69 -

Sharing of exp. reimbursed/to be reimbursed 5,84

Corporate Guarantee given 800.00

Outstanding balance

Loan and advances receivable 1,107.12 -

Receivables 226,20 *

Payables 138.95. +

* Does not include Guarantee / Counter Guarantee given by the Company in earlier years for related party. The amount outstanding as on 31"

March, 2020 stood at Rs.4,841.62 Crore.