JSW Steel Ltd.

JSW Steel’s wholly owned subsidiary -- JSW Steel (Netherlands) BV, has entered into an agreement for selling 39% out of its 49% stake held in Geo Steel LLC, a Joint Venture (JV) based in Georgia, to its JV partner - Georgian Steel Group Holdings. Post the completion of the aforesaid sale, JSW Steel (Netherlands) BV will continue to hold 10% stake in Geo Steel LLC.

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.