Jindal Steel & Power’s (JSPL) board has accepted the revised offer of Rs 7,401 crore from Worldone for divestment of its subsidiary company Jindal Power.
On July 25, JSPL had announced receiving the Rs 7,401-crore revised offer from Worldone to acquire 96.42 per cent stake in Jindal Power (JPL).
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.