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Additionally, the steel company distributed ₹822 Crore in FY23 and a record ₹4,194 Crore in FY22.

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Adding five million tonnes of capacity at Dolvi will cost JSW approximately $460 per tonne, much lower than $700 per tonne.

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The combined net debt was reported at ₹11,203 Crore as of March 31, compared to ₹9,115 Crore as of December 31, 2023.

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JSW Steel, the JSW Group's flagship company, is a significant integrated steel manufacturer in India, with a capacity of 18 MTPA.

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Building a new electric arc furnace while maintaining the existing steel melting shop would be risky and complex.

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JSW raised $500 million in April 2019 with a five-year bond at 5.95%, which is due for repayment this month.

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The business has designated today as the record date for determining which stockholders are qualified to receive the bonus shares.

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"Tata Steel UK announced it will ramp up coke imports to counterbalance the effects of shutting down its coke ovens," the steelmaker stated.

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Jindal Stainless said in a statement that it supplied premium 'SS 301LN' grade stainless steel for the project.

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Vedanta Ltd stated in a release that it intends to challenge the Sebi order through the suitable channels.

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