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JSL SHARES
Jindal Stainless to divest entire 26% stake in Jindal Coke by SeptemberJindal Stainless plans to divest its 26% stake in Jindal Coke by September, with 4.87% shares already sold to JSL Overseas for over Rs 36.4...- Jindal Stainless to divest entire 26% stake in Jindal Coke by SeptemberJindal Stainless on Wednesday said it aims to complete divestment of its entire 26 per cent stake in Jindal Coke by September this year.
- Jindal Stainless says shares no longer pledgedThe stainless steel maker said equity shares of the company held by promoters and promoter group will now be free from any encumbrances.
- Jindal Stainless board approves Abhyuday Jindal's re-appointment as MD; Rs 82 cr dividend for FY23The board has fixed April 26, 2023, as the record date for determining entitlement of members for the purpose of payment of special interim...
- JSL Q2 results: Net profit grows 5-fold to Rs 412 croreAll major end-use segments like process industry, Pipe & Tube, Railways & Wagons, and Metro Rail grew during the quarter keeping the stainl...
- Jindal Stainless (Hisar) to be merged with Jindal Stainless by H2 of FY21Seamless integration of infrastructure, processes and operational synergies, along with a strengthened balance sheet, would improve financi...
- SBI to add Rs 300 cr to bottomline in Q4 with JSL exit from CDR frameworkSBI, the lead banker, will get Rs 300 crore from the resolution of this account, sources said. Punjab National Bank (PNB) will write back a...
- Jindal Stainless exits CDR frameworkJindal Stainless said saw an improvement in net debt-equity ratio which stood at 1.3 as on December 31, compared with 3.2 in March 2017.
- Kotak Special Situations Fund to invest Rs 500 crore in Jindal StainlessPost completion of the transaction, KSSF will hold approximately 5 per cent equity in Jindal Stainless.
- Jindal Stainless joins hands with BCL to develop foot-over-bridgesIt comes at a time when Railways has decided on a massive modernization to replace aging infrastructure. It followed the collapse of the Fo...
- Jindal Stainless demerger to bring down interest cost, optimise operationsJSL through its latest financial and operational restructuring is distributing the Rs 8,580-crore debt among four firms and at the same tim...
- Punjab and Haryana HC approves Jindal Stainless' rejig planThe order copy will thereafter be filed with the office of Registrar of Companies, NCT of Delhi and Haryana, it added.
- Jindal Stainless Ltd commissions metal recovery unit in OdishaThe company said it has made no upfront payment to Harsco for this 'long-term' deal, however, payments will be made to the global metal pro...
- Sajjan, Naveen, PRS Jindal to bail out Ratan Jindal’s JSLThree brothers will be infusing funds into the newly formed JSL Group post the demerger and these investments will be made in their persona...
- Brokers' call on JSL, Cadila, L&TInternational brokerage Phillip Capital has maintained its neutral ratings on Jindal Saw with a price target of Rs 125 per share.
- Jindal Stainless gets CDR cell nod to reschedule Rs 9K crore debt paymentsJindal Stainless today said the Corporate Debt Restructuring (CDR) Empowered Group has approved rescheduling of payments of over Rs 9,000 c...
- Shah Alloys surges 20% as JSL plans to buy stakeJindal Stainless (JSL) is in talks to buy Ahmedabad-based Shah Alloys as part of lenders-initiated exercise to revive the ailing Mumbai-bas...
- JSL to issue shares worth $4.7 mn in lieu of converted FCCBsJSL Stainless Ltd said it is in the process of allotting shares worth about $ 4.7 mn upon conversion of foreign currency convertible bonds ...
- JSL Stainless enters into PPA with GRIDCO; stock upJSL Stainless has entered into power purchase agreement with GRIDCO on December 30, 2010 for sale of power from the proposed thermal power ...
- Apex court reserves order in Jindal Stainless, Orissa Mining caseThe decision of the state government for a JV with Orissa Mining Corporation (OMC) for the development of the mines is in best interest of ...
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