Jindal Steel & Power Limited - News Clarification

Captital Market | Mumbai |

The Exchange had sought clarification from Jindal Steel & Power Limited with respect to a news item captioned Thakurani mines closure order to hit iron ore supplies to JSPL(Jindal Steel and Power Ltd). The Company has clarified that The Company sources iron ore from Sarda Mines Private Limited. There is no material impact as adequate stock of iron ore are available with the company. The company, if required, can ramp up iron ore production of its own Tensa Mines as also source it from several mines in its neighborhood in Odisha.

The Exchange had sought clarification from Jindal Steel & Power Limited with respect to a news item captioned Thakurani mines closure order to hit iron ore supplies to JSPL(Jindal Steel and Power Ltd). The Company has clarified that The Company sources iron ore from Sarda Mines Private Limited. There is no material impact as adequate stock of iron ore are available with the company. The company, if required, can ramp up iron ore production of its own Tensa Mines as also source it from several mines in its neighborhood in Odisha.
 

Advertisements

  • Save upto Rs.2.67 lakh with Pradhan Mantri Awas Yojana ...Know more
  • Now Save Rs.3150 on your Demat Account ...Click here
  • Now get IIFL Personal Loan in just 8* hours...APPLY NOW!
  • Get the most detailed result analysis on the web - Real Fast!
  • Actionable & Award-Winning Research on 500 Listed Indian Companies.