Jindal Steel and Power (JSPL) is eyeing to conclude the deal to sell its 96.42 percent stake in its arm Jindal Power for Rs 7,401 crore to a promoters-owned firm World one by this year-end. More than 97 percent of shareholders of the company approved the proposal to sell the 96.42 percent stake the company holds in Jindal Power for Rs 7,401 crore to World one.
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.
