Jindal Stainless Acquires Evergreat International
Jindal Stainless has acquired 100% stake in Evergreat International Investment Pte Ltd, Singapore, making it a wholly owned subsidiary. Learn more about this acquisition and its impact on the stainless steel industry.
New Delhi, Jun 4 (PTI) 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.
"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.
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