JSW Steel Merger & Restructuring Worth ₹0.26 Cr
JSW Steel approved incorporation of a wholly-owned UAE subsidiary for overseas investment and trading. Cash consideration of AED 100,000 (~₹0.26 Cr) for 100% equity.
- Value
- ₹0.26 Cr
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JSW Steel approved incorporation of a wholly-owned UAE subsidiary for overseas investment and trading. Cash consideration of AED 100,000 (~₹0.26 Cr) for 100% equity.
JSW Steel received NCLT Mumbai's sanction for the amalgamation of Piombino Steel Limited with itself. This concludes the regulatory approval process for the merger.
JSW Steel's subsidiary, JSW One Platforms Limited, has filed its Draft Red Herring Prospectus for an Initial Public Offer with SEBI and exchanges.
JSW Steel Ltd issued a notice for an NCLT-convened shareholder meeting on August 21, 2026, to approve the amalgamation scheme with Piombino Steel Limited.
JSW Steel approved divesting a stake worth up to Rs. 811 Crore in JSW One Platforms Limited. The sale will occur via an Offer for Sale in the subsidiary's IPO.
NCLT approved the scheme of amalgamation of ARCL, MCL and JRDL with JSW Steel. The merger will restructure the group after the order is filed.
JSW Steel completed its 50-50 joint venture with JFE Steel Corporation. JFE acquired an additional 25% stake in JSW JFE Kalinga for Rs. 7,875 crores.