Acquisition of additional economic interest in M Res NSW HCC Pty Ltd

JSW Steel Limited has announced the acquisition of an additional economic interest in M Res NSW HCC Pty Ltd, an Australian entity likely linked to coking coal assets in New South Wales. This move is part of the company's strategy to secure raw material supply for its steelmaking operations. The acquisition increases JSW Steel's existing stake in the Australian mining asset. Specific deal value and percentage of interest acquired have not been detailed in the headline, and further details may be disclosed in subsequent filings. This is consistent with JSW Steel's ongoing efforts to backward integrate into coking coal mining to reduce import dependency and control input costs.