SEBI Reg. Investment Advisor

Download App

MoneyWorks4Me

JSW Steel seeks shareholders’ nod for raising borrowing limit

09 Jul 2013 Evaluate

JSW Steel has asked for shareholders’ approval to increase the borrowing limit by up to 60% at Rs 40,000 crore. The company has taken this decision of raising borrowing limit expecting an increase in funding requirement for its ambitious expansion plans. The steel company plans to raise the limit for various capex programmes including acquisition.

At the end of last fiscal, the company had Rs 21,346 crore consolidated debt, which excludes Rs 6,500 crore debt of JSW Ispat, which was merged with the firm few weeks back, while it has a borrowing limit of Rs 25,000 crore.

 

JSW Steel Share Price

1239.90 24.35 (2.00%)
17-Apr-2026 16:59 View Price Chart
Peers
Company Name CMP
Tata Steel 212.05
JSW Steel 1239.90
SAIL 173.50
Jindal Stainless 787.90
APL Apollo Tubes 2105.45
View more..

About MoneyWorks4Me

MoneyWorks4Me is a SEBI-registered Investment Adviser (IA) dedicated to helping investors build long-term wealth through transparent, research-driven, conflict-free guidance. Founded in 2008, we started our journey as a Research Analyst (RA), providing deep fundamental analysis, intrinsic value insights, and long-term investing frameworks for Indian equities. In 2017, we transitioned to a full-fledged SEBI-registered Investment Adviser, strengthening our commitment to acting as a fiduciary—always putting the investor’s interest first.

Our Vision

To become India’s most trusted, research-powered fiduciary advisory platform—where every investor, regardless of experience, can make calm, confident, and well-reasoned investment decisions.

What Makes MoneyWorks4Me Different

Our Approach: Ensuring compounding work its magic on client portfolio.

MoneyWorks4Me ensures this through:

×