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JSW Steel informs about outcome of board meeting

23 Jan 2026 Evaluate

In terms of Regulation 30 of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015 (‘Listing Regulations’), JSW Steel has informed that the Board of Directors of the Company at its meeting held on today, January 23, 2026 has, approved the formation of a joint venture company in which Peddar Realty, wholly owned subsidiary of the Company would hold 51% stake along with JSW Realty (‘JSWRPL’) and other partners for land development project. The joint venture company would participate in bidding for acquisition of certain identified land parcel in Mumbai through a formal tender process for development of office, commercial space etc. The Company being in expansion phase would require additional commercial / office space to meet its future captive requirement. The detail as required under SEBI Master Circular No. SEBI/HO/CFD/PoD-2/CIR/P/0155 dated November 11, 2024 is annexed as Annexure A. The aforesaid disclosure is also available on the Company’s website at www.jsw.in. The Board Meeting commenced at 10.00 am and concluded at 03.15 pm.

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

JSW Steel Share Price

1239.90 24.35 (2.00%)
17-Apr-2026 16:59 View Price Chart
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