JSW Steel to acquire Piombino Steel Ltd

JSW Steel to acquire Piombino Steel Ltd

Mumbai, JSW Steel Limited has agreed to acquire by itself and through its nominees, 10,000 shares of Rs 10 each, comprising the entire issued and paid-up share capital, of Piombino Steel Limited from JSW Techno Projects Management Limited. Piombino Steel Limited shall by itself and/or through nominees, acquire 8,000 shares of Rs 10 each, comprising the entire issued and paid-up share capital of Makler Private Limited from JSW Techno Projects Management Limited, company said in a filing with BSE. Indicative time for the completion of the acquisition is June 30, 2019 .


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