Jindal Stainless Completes Acquisition Of Evergreat International Investment

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.