Jindal Steel has been declared the preferred bidder for the Thakurani-A1 Iron Ore Block in Odisha, marking a significant achievement in its growth strategy.

The company secured the bid by committing to pay a 101.20 per cent premium to the Government of Odisha. The Thakurani-A1 block, located in Keonjhar, Odisha, spans 202 hectares and was part of an auction round for 12 virgin mineral blocks announced by the Odisha Directorate of Mines and Geology in December 2025. The block is G3-level explored with approximately 50 million tonnes of iron ore resources.

Disclaimer: This article is based on a regulatory filing submitted to the National Stock Exchange of India (NSE).