Jindal Stainless acquires 100% stake in Evergreat International Investment

"Acquired 100 per cent stake of EIPL. Consequently, EIPL has become a wholly owned subsidiary, and Chromeni Steels Private Limited (CSPL) a step-down subsidiary," JSL said in an exchange filing.

PTI

June 04, 2024 / 20:22 IST

The acquisition is with effect from June 4, 2024, Jindal Stainless Ltd said.

Jindal Stainless Ltd on Tuesday said it has completed the acquisition of Evergreat International Investment Pte Ltd, Singapore (EIPL).

"Acquired 100 per cent stake of EIPL. Consequently, EIPL has become a wholly owned subsidiary, and Chromeni Steels Private Limited (CSPL) a step-down subsidiary," JSL said in an exchange filing.

The acquisition is with effect from June 4, 2024, it said.

Jindal Stainless is India's largest stainless steel manufacturing company.

PTI

first published: Jun 4, 2024 08:22 pm

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