Jindal Stainless’ (Hisar) (JSHL) subsidiary company -- Jindal Stainless Steelway has acquired 1,56,61,128 equity shares of Rs 10, constituting 67% of paid up capital of its associate company namely J.S.S. Steelitalia. Consequent upon the said acquisition, J.S.S. Steelitalia has become wholly owned subsidiary of Jindal Stainless Steelway and step-down subsidiary of the Company.
Jindal Stainless (Hisar) is world's largest producer of Stainless Steel strips for razor blades and India's largest producer of coin blanks, serving the needs of India and International mints.