Jindal Stainless Ltd. News, Corporate filings and Earnings/Conference Calls

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Jindal Stainless Ltd.

20 Jun 2024

681.20

-0.45%

Corp. Note

JINDAL STAINLESS LTD. - 532508 - Compliances-Reg. 39 (3) - Details of Loss of Certificate / …

BSE India

Information regarding Issuance of duplicate share certificate-pursuant to regulation 39(3) of SEBI(Listing Obligations and Disclosure Requirements) Regulations, 2015

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Jindal Stainless Ltd.

19 Jun 2024

681.20

-0.45%

SAST

JINDAL STAINLESS LTD. - 532508 - Disclosures under Reg. 29(2) of SEBI (SAST) Regulations, 2011

BSE India

The Exchange has received the disclosure under Regulation 29(2) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011 for Sarika Jhunjhunwala & Others

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Jindal Stainless Ltd.

17 Jun 2024

681.20

-0.45%

Jindal Stainless buys remaining 46% stake in Chromeni Steels for Rs 278 cr

Business Standard

Jindal Stainless on Monday said it has acquired the remaining 46 per cent stake in Chromeni Steels Private Ltd (CSPL) for Rs 278 crore. Consequently, CSPL has become a wholly-owned subsidiary of the company, with effect from June 15, 2024, Jindal Stainless Ltd (JSL) said in a release. "Jindal Stainless acquires remaining 46 per cent equity stake in Chromeni Steels Private Ltd. The transaction entails a total outlay of Rs 278 crore, comprising payment towards equity transfer and payment of shareholders' debt," it said. Jindal Stainless earlier acquired a 54 per cent equity stake in CSPL through an indirect acquisition deal for Rs 1,340 crore. The overall acquisition of CPSL costs around Rs 1,618 crore to JSL. JSL CEO Tarun Kumar Khulbe said, "The acquisition of a 100 per cent equity stake in Chromeni will help us climb the value chain. Since we expect the facility to be operational soon, this strategic move will enable the company to capitalise on the robust domestic demand, which