1. Prepayment or repayment, in full or part, of all or a portion of certain outstanding borrowings through investment in the wholly owned Subsidiaries, JSW Dharamtar Port Private Limited and JSW Jaigarh Port Limited

2. Financing capital expenditure requirements through investment in the wholly owned Subsidiary, JSW Jaigarh
Port Limited, for proposed expansion/upgradation works at Jaigarh Port i.e., i) expansion of LPG terminal (“LPG Terminal Project”); ii) setting up an electric sub-station; and iii) purchase and installation of dredger

3. Financing capital expenditure requirements through investment in the wholly owned Subsidiary, JSW Mangalore Container Terminal Private Limited, for proposed expansion at Mangalore Container Terminal (“Mangalore Container Project”)

4. General corporate purposes.

Sajjan Jindal Family Trust and Sajjan Jindal are the Promoters of the Company. Further, Sajjan Jindal is the
managing trustee of Sajjan Jindal Family Trust.