The company operates across more than 120 countries, with a strong focus on renewable energy, engineering goods, and consumer-appliance logistics.
The company also stated that this project will strengthen Haryana’s power supply for households, industries, and agriculture.
The IPO comprises of a total offer size of upto INR 122.3 cr. It combines an offer for sale of INR 97.9 cr and a fresh issue of INR 24.4 cr.
As per the notice issued the company will show cause within 30 days as to why GST of ₹96.58 Crore should not be demanded.
Kapil Sharma has been named executive director and chief financial officer for a five-year term.
The SEBI order also stated several non-compliances by the company related to loans and advances.
As of 1 April 2025, the business reported an order book of ₹71,650 Crore.
Naveen Jindal, Chairman of Jindal Steel, called the commissioning a “proud moment” for both the company and the country.
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On the financial results front, Shriram Finance reported a net profit of ₹2,159.4 crore for Q1, marking a 6.3% increase year-on-year.
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