JSW Steel has completed the acquisition by purchase of the entire 50% stake held by National Steel Holding (NSHL) in NSL Green Steel Recycling (NSL). Consequent to completion of this acquisition and other closing conditions as mentioned in the SPA, the Company’s shareholding in NSL has increased from 50% (pre-acquisition) to 100% (post-acquisition) and NSL has become a Wholly Owned Subsidiary of the Company effective from September 27, 2023.
JSW Steel is one of the largest steel manufacturing companies in India having units in Karnataka and Maharashtra producing crude steel, long steel and flat steel products.
