Jindal Steel & Power Limited - News Clarification

The Exchange had sought clarification from Jindal Steel & Power Limited with respect to a news item dated August 11, 2014 captioned Jindal Family close to buying Italian steelmaker Lucchini. The Company has clarified that JSPL, as a growing Company, has always been evaluating several opportunities on the basis of its strategic fit and financial viability. We can comment only when any such opportunity is converted in to final management decision.

Aug 11, 2014 06:08 IST Captital Market

The Exchange had sought clarification from Jindal Steel & Power Limited with respect to a news item dated August 11, 2014 captioned Jindal Family close to buying Italian steelmaker Lucchini. The Company has clarified that JSPL, as a growing Company, has always been evaluating several opportunities on the basis of its strategic fit and financial viability. We can comment only when any such opportunity is converted in to final management decision.

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