JSW Steel Limited
JSW Steel is primarily engaged in the business of manufacture and sale of Iron and Steel Products.It is the flagship business of the diversified, US$ 23 billion JSW Group.The Group has interests in energy, infrastructure, cement, paints, sports, and venture capital.
What JSW files
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JSW Steel's merger with its wholly-owned subsidiaries Amba River Coke, Monnet Cement, and JSW Retail & Distribution has been sanctioned by NCLT. This strategic move aims to enhance operational efficiency, realize synergies, and reduce administrative & operational costs by streamlining the group structure. As these are wholly-owned entities, no new...
JSW Steel's Board approved the merger of Piombino Steel (PSL) into JSW Steel. This strategic move aims to simplify the group structure, directly hold Bhushan Power & Steel, cut operational costs, and enhance strategic focus. PSL shareholders (excluding JSW Steel) will get 10 JSW Steel shares (₹1 each) for every...