JSW Steel Ltd.

JSW Steel has received an approval from High Court of Judicature at Bombay for composite scheme of amalgamation and arrangement amongst JSW ISPAT Steel and JSW Building Systems and JSW Steel Coated Products and JSW Steel and their respective shareholders and creditors on May 03, 2013.

The order sanctioning the scheme has been uploaded on the website of the High Court, Bombay on May 07, 2013. The certified copy of the order sanctioning the scheme is awaited. The scheme will become effective only upon receipt of the certified copy of the order of the High Court and on compliance with the requisite formalities.

JSW Steel is part of the JSW group which, in turn, is a part of the O P Jindal group. 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.