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JSW Steel receives NCLT approval for amalgamation plan

10 Jun 2019 Evaluate

JSW Steel has received approval from the National Company Law Tribunal (NCLT) for the scheme of amalgamating its four units. The company has merged Dolvi Minerals and Metals with Dolvi Coke, JSW Steel Processing Centres with JSW Steel, JSW Salav with JSW Steel.

JSW Steel is one of the largest steel manufacturing companies in India having units in Karnataka and Maharashtra producing crude steel, long steel and flat steel products.

Peers
Company Name CMP
JSW Steel 1232.35
Tata Steel 178.00
Steel Authority 175.80
Jindal Stainless 742.00
APL Apollo Tubes 2096.95
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