Jindal Saw has entered into share purchase agreement on September 18, 2024 in respect of disposal off entire shareholding of Green Ray Holdings (GHL), United Kingdom, a subsidiary of the Company alongwith its step down subsidiary, namely, Derwent Sand SARL, Algeria.
Earlier in May 2023, the company had received in principle approval to dispose off (either by way of sale or liquidation) Green Ray Holdings, United Kingdom alongwith its step down subsidiary, Derwent Sand SARL, Algeri.
Jindal SAW is one of the country’s topmost industry houses and the foremost indigenous steel producers and exporters.
