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Jindal Saw informs about outcome of board meeting

10 Jun 2025 Evaluate
Jindal Saw has informed that the Board of Directors of the Company in its meeting held today09th June, 2025 approved the following investment proposals: To incorporate a step-down subsidiary in United Arab Emirates;. To enter into JV agreement between Jindal Saw Holdings FZE, a subsidiary of the Company and BUHUR FOR INVESTMENT COMPANY LLC, KSA (Buhur) for incorporating a new Company in Kingdom of Saudi Arabia (KSA); To enter into JV agreement between Jindal Saw Holdings FZE (JSH), a subsidiary of the Company and RAX United Industrial Company, KSA (RAX) for incorporating a new Company in Kingdom of Saudi Arabia (KSA).

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