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The equity shares of JSPL are listed on the Bombay Stock Exchange [12] and the National Stock Exchange of India. [13] Shareholding: On 31 March 2022, the promoter group Jindal Group held 60.5% of its equity shares. 27% of the shares were owned by the Institutional Investors. Public shareholders own approx. 12.5% of its shares. [14] [15]
The JSW Group was founded in 1982 when Jindal acquired a re-rolling mill located in Tarapur, Maharashtra, near Mumbai, from Piramal Steel. [5] Following the acquisition, the group renamed it Jindal Iron and Steel Company (JISCO). Subsequently, in the same year, the group established its first steel plant in Vasind, near Mumbai. [6]
Jindal Stainless Limited is an Indian stainless steel maker headquartered in New Delhi. It is a part of OP Jindal group. The firm has a melt capacity of 2.9 million tonnes per annum which makes it the largest stainless steel producer of India. Incorporated in 1970, it ranks among the top 5 stainless steel makers of the world. [6] [4] [5] [7]
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JSW Steel Limited is an Indian multinational steel producer based in Mumbai and is a flagship company of the JSW Group. [4] After the merger of Bhushan Power & Steel, Ispat Steel and Jindal Vijayanagar Steel Limited, JSW Steel became India's second largest private sector steel company. [5]
President Donald Trump's plans to impose a 25 percent tariff on imported steel has shined a light on U.S. steel companies, whose shares have outperformed the overall market since Trump's election ...
Sajjan Jindal (born 5 December 1959) is an Indian billionaire businessman. He is the chairman and managing director of JSW Group of companies; diversified in steel, mining, energy, sports, infrastructure and, software business.
The statement comes after shares of U.S. Steel tumbled more than 10% on Tuesday afternoon following a Bloomberg report suggesting the deal would be killed in short order. CFIUS, a powerful ...