Jindal Saw has received approval from board of directors to incorporate a step-down subsidiary in United Arab Emirates (UAE). The Company proposes to set up a 300,000 tons per annum (TPA) capacity Seamless Pipe Manufacturing facility in Abu Dhabi (UAE) by way of incorporating a new step-down subsidiary to cater primarily to the Oil & Gas Sector of the MENA region.
The company has also received approval to enter into JV agreement between Jindal Saw Holdings FZE (JSH), a subsidiary of the Company and Buhur for Investment Company LLC, KSA (Buhur) for incorporating a new Company in Kingdom of Saudi Arabia (KSA).
Further, company received approval to enter into JV agreement between JSH and RAX United Industrial Company, KSA (RAX) for incorporating a new Company in Kingdom of Saudi Arabia (KSA). The Board of Directors of the Company in its meeting held on June 09, 2025 approved the same.
Jindal Saw is one of the country’s topmost industry houses and the foremost indigenous steel producers and exporters.
