Jindal Stainless on Saturday said Chromeni Steels Private Ltd. has become its wholly-owned subsidiary with immediate effect.
The board of directors of Jindal Stainless Ltd. has given approval for the acquisition of remaining 46% equity stake in Chromeni Steels Pvt. Consequently, CSPL has become a wholly-owned subsidiary of the company with effect from June 15, JSL said in a release.
JSL is India's largest stainless steel player.
ADVERTISEMENT
RECOMMENDED FOR YOU
Stainless Steel Industry Calls For Safeguard Measures To Protect Local Players
Jul 03, 2025
Western Carrier Bags Rs 230 Crore Work Order From Jindal Stainless
Jun 26, 2025
Western Carriers Gets Rs 558-Crore Order From Jindal Stainless
Jun 25, 2025
'Buy' Jindal Stainless Shares Maintains Motilal Oswal, Revises Target Price — Here's Why
Jun 17, 2025
POPULAR
1
Amazon India's Samir Kumar Draws Inspiration From Shubman Gill In Second Run At E-Commerce Giant
2
HUL CEO Rohit Jawa To Step Down, Priya Nair Named Replacement
3
It’s All About AI And Jobs
4
India Now Makes Faster Payments Than Any Other Country, Courtesy UPI: IMF Note
5