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JSW Ispat Special Products’ arm sells entire stake in PT Sarwa

30 Mar 2022 Evaluate

JSW Ispat Special Products’ subsidiary -- Monnet Global (MGL) has sold entire equity stake held by it in PT Sarwa Sembada Karya Bumi (PT Sarwa), a subsidiary of MGL to PT Srinata Mahajati Corpora (SMC), a corporation established under laws of Republic of Indonesia. Net consideration received by MGL is $1.075 million. Consequent to the above, PT Sarwa will cease as the subsidiary of MGL and step-down subsidiary of JSW Ispat Special Products.

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

JSW Ispat Special Share Price

38.97 0.00 (0.00%)
09-Aug-2023 18:01 View Price Chart
Peers
Company Name CMP
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