JSW Steel Ltd.

BSE: 500228 | NSE: JSWSTEEL
Large Cap | Steel & Iron Products
1187.05
5.05 (0.43%)
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JSW Steel issues Rs 462-cr GDRs to Japan's JFE

Date: 14-12-2010

JSW Steel will issue global depository receipts (GDR) worth Rs 462 crore to Japanese steel major JFE Steel Corporation. The company would issue 30,85,814 GDRs to JFE Corporation, Japan, on a preferential basis. The issue priced at Rs 1,500 a share will be closed soon after the receipt of the full subscription money receivable in respect of the GDRs.crackcrack