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Jindal Stainless Completes Acquisition Of Evergreat International Investment

Jindal Stainless Ltd acquires Evergreat International Investment, making it a wholly-owned subsidiary.

PTI

A Jindal Stainless facility. (Source: Company website)

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

"Acquired 100% stake of EIPL. Consequently, EIPL has become a wholly owned subsidiary, and Chromeni Steels Private Limited 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.

Also Read: Jindal Stainless Q4 Results: Profit Falls 30%, Misses Estimates

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