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Jindal Stainless gets nod to incorporate wholly owned subsidiary

10 Nov 2025 Evaluate

Jindal Stainless has received approval from board of directors for incorporation of a wholly-owned subsidiary of the Company. In view of the Company’s expanding operations, growing business complexity, and presence of multiple group entities, the Board of Directors have accorded its approval for the incorporation of a wholly owned subsidiary to act as a centralized shared services entity. The entity, once incorporated, will be a wholly owned subsidiary of the Company.

The Board of Directors of Jindal Stainless at its meeting held on November 10, 2025, inter alia, considered and approved the same. 

Jindal Stainless (JSL) is one of the largest stainless steel conglomerates in India and ranks amongst the top 10 stainless steel conglomerates in the world.

Jindal Stainless Share Price

766.85 -8.75 (-1.13%)
24-Apr-2026 16:59 View Price Chart
Peers
Company Name CMP
Tata Steel 210.00
JSW Steel 1255.20
SAIL 178.55
Jindal Stainless 766.85
APL Apollo Tubes 2004.30
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