Jindal Steel & Power Acquires Allied Strips for INR 217.5 Crore
Jindal Steel & Power Limited, through its subsidiary Jindal Steel Odisha Limited, has acquired Allied Strips Limited for INR 217.53 crore. The acquisition includes a 100% equity stake in ASL, along with the purchase of convertible debentures and the novation of unsecured intercompany debt. Apr 3, 2025 Jindal Steel Odisha Limited (JSO), a wholly-owned subsidiary […]
Jindal Steel & Power Announces Fresh Capex of INR 16,000 Crore
In order to expand its value-added products range, improve efficiency, reduce costs and focus on supply chain logistics in the next three years, Jindal Steel & Power has announced a fresh capex outlay of INR 16,000 crore. Feb 28, 2025 Jindal Steel & Power (JSP) has come up with a new capex plan worth INR […]
Jindal Steel and Power Receives 5 Million TPA Hot Strip Mill from SMS Group
The 1,780-millimeter hot strip mill has a capacity of five million TPA and is equipped with the latest generation of rolling technologies to ensure efficient & sustainable production of very thin hot strips and thin final gauges. Feb 11, 2025 Jindal Steel and Power (JSP), one of the country’s leading business conglomerates, having a significant […]
