JSW Holdings is eligible to function as a Core Investment Company (CIC) without applying for registration since the company is not a Systematically Important Core Investment Company in terms of RBI’s notification dated January 05, 2011.
Besides, pursuant to the application made by the company to the Reserve Bank of India (RBI) for voluntary de-registration as Non-Banking Financial Company (NBFC), RBI has cancelled the Certificate of Registration as an NBFC of the company.
JSW Holdings is an Investment Company of the JSW Promoters Group with investments in the Jindal group of companies, mainly in listed entities like Jindal Vijayanagar Steel, Jindal Steel & Power, Jindal Stainless, Nalwa Sons Investments and other companies.
