JSW Steel Ltd.

JSW Steel’s wholly owned subsidiary -- JSW Steel Coated Products (JSWSCPL) has completed the acquisition of 31% equity shareholding in Ayena Innovation (Ayena). Earlier, the company had entered into a shareholders agreement and a share subscription agreement with Ayena and its shareholders, inter alia, to acquire 31% equity shareholding in Ayena.

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.