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The acquisition involved purchasing the entire 50% stake from National Steel Holding (NSHL).
Businesses such as those in the aluminum, oil and gas, iron ore, and steel industries will be listed individually, news reports added.
Analysts of IIFL Securities see incremental demand support from Nagarnar steel plant ramp-up and commissioning of JSTL’s M5tpa Vijaynagar expansion by end FY24.
JSW's shareholding in NSL has increased from 50% (pre-acquisition) to 100%.
A 51% stake in TCNS Clothing has been acquired by Aditya Birla Fashion Retail Ltd (ABFRL), making it a promoter of the women's clothing company.
Tata Steel announced the long-awaited resolution plan for its UK operations earlier this month.
A full maintenance contract with a post-warranty cost of Rs 43.22 crore, including GST, is included in the contract.
Through a partnership agreement inked in August 2022, JSW Steel and New Zealand-based NSH established NSL Green Recycling together.
According to the filing, JSW Steel has coal mining assets in the American state of West Virginia through its wholly-owned step-down company Periama Holding LLC.
Nirma Ltd. will conduct a required open offer to all public shareholders of GLS in accordance with SEBI regulations.