Jindal Steel and Power (JSPL) has received an approval for issuance of Non-convertible Debentures up to an amount aggregating to Rs 5,000 crore on private placement basis. The board of directors at its meeting held on August 8, 2017 has approved for the same. The board also approved for issuance of further securities for an amount not exceeding Rs 5,000 crore.
JSPL is one of India’s fastest growing and largest integrated steel manufacturers, significantly present in Steel, Power Generation and Infrastructure segments and catering to a large part of India’s domestic energy and infrastructure requirement.
