JSW Steel Ltd.

JSW Steel has received an approval for the allotment of 20,000, 8.79% rated, listed, secured, redeemable, non-convertible debentures (NCDs) bearing a face value of Rs 10,00,000 each, at par to the investors identified by the Committee at its meeting held on October 17, 2019, aggregating to Rs 2000 crore. The Committee of Directors of the Issuer (Board) at its meeting held on October 18, 2019, approved the same.

JSW Steel is one of the largest steel manufacturing companies in India having units in Karnataka and Maharashtra producing crude steel, long steel and flat steel products.