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JSW Steel’s arm completes acquisition of 30.73% stake in GSI

14 Apr 2021 Evaluate

JSW Steel’s subsidiary company -- JSW Steel Italy S.r.l has completed the acquisition of 30.73% equity share capital of GSI Lucchini S.p.A (GSI). Earlier, the company and Industrial Development Corporation, South Africa had entered into Share Purchase agreement (SPA) for acquisition of stake in GSI for a cash consideration of Euro 1 million.

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.

JSW Steel Share Price

1240.00 10.25 (0.83%)
06-Jul-2026 13:44 View Price Chart
Peers
Company Name CMP
Tata Steel 191.10
JSW Steel 1240.00
Steel Authority 169.95
Jindal Stainless 701.55
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