Jindal Stainless has raised Rs 375 crore through the allotment of 3,750 Listed, Rated, Unsecured, Redeemable, Non-Convertible Debentures (NCDs) having nominal value of Rs 10,00,000 each, to the investors. The Sub-Committee of the Board of Directors of the Company at its meeting held on February 24, 2022, has allotted the same.
Jindal Stainless is one of the largest stainless steel conglomerates in India and ranks amongst the top 10 stainless steel conglomerates in the world.