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John Cockerill India Ltd

Intimation Of Waiver Of Advance Payment And Consummation Of Closing Under The Provisions Of Share Purchase Agreement Dated December 19 2025

05:17 PM, 8th Jan 2026

This is in furtherance to our letter dated December 19 2025 wherein the Company had informed the Stock Exchange about the execution of a Share Purchase Agreement dated December 19 2025 (SPA) between John Cockerill India Limited (the Company) and John Cockerill SA the Parent Company (JC SA) for acquisition of entire Equity Shareholding of John Cockerill Metals International SA Belgium (Metals International) from JC SA.In this regard we wish to inform you that on request of the Company JC SA has granted the waiver for the payment of the Purchase Price Advance aggregating to an amount of Euro 5000000/- (Euro Five Million Only) by the Company to JC SA which payment was stipulated as a condition precedent for the consummation of the acquisition of entire Equity Shareholding of Metals International by the Company from JC SA as per the terms of the SAP. The waiver extends the timeline for this payment up to March 31 2026.We wish to further inform you that

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