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JSW Ispat Special Products completes acquisition of entire stake in Mivaan Steels

25 Feb 2022 Evaluate

JSW Ispat Special Products has completed acquisition of 100% equity share capital of Mivaan Steels (MSL) on February 24, 2022. Consequent to this, MSL has become a wholly-owned subsidiary of the company.

Earlier, the company had received approval from board of directors for acquisition of 100% of the equity share capital of MSL.

JSW Ispat Special Products manufactures metal products. The company offers sponge iron, steel, and ferro alloys.

Peers
Company Name CMP
JSW Steel 1248.80
Tata Steel 182.85
Steel Authority 173.05
Jindal Stainless 730.75
APL Apollo Tubes 2116.50
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