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Jsw Steel informs about updates

19 Dec 2024 Evaluate
Jsw Steel has informed that Company owned and operated coal mine in the State of West Virginia, USA, through its wholly owned step-down subsidiaries. During the previous year, the mines and preparation plant were sold due to non-viability of operations. Consequently, following step-down subsidiary companies of the Company, at West Virginia, USA, were no longer required and have been merged with their respective holding Companies effective December 18, 2024 (US time) as below: Purest Energy, LLC with its Holding Company Periama Holdings LLC 2) Caretta Minerals, LLC with its Holding Company Planck Holdings, LLC The above restructuring and simplification exercise does not entail any sale of the Company’s overseas assets / investments and the Company continues to have the same economic interests in its operations in US. This is in compliance with Regulation 30 of the Securities Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015. The details required under Regulation 30 read with Part A of Schedule III of the Listing Regulations and SEBI circular no SEBI/HO/CFD/POD2/CIR/P/0155 dated November 11, 2024, are enclosed and marked as Annexure A.

The above information is a part of company’s filings submitted to BSE.

JSW Steel Share Price

1258.10 0.85 (0.07%)
24-Apr-2026 12:18 View Price Chart
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