General Announcement::Completion of Acquisition of entire paid-up equity share capital of Piombino Steel Ltd.

Issuer & Securities

Issuer/ Manager
JSW STEEL LIMITED
Securities
JSWSTEELUS$500M4.75%N191112 - XS1133588233 - 20PB
JSWSTEELUS$500M5.95%N240418 - XS1981202861 - VA4B
Stapled Security
No

Announcement Details

Announcement Title
General Announcement
Date &Time of Broadcast
07-Jun-2019 21:18:19
Status
New
Announcement Sub Title
Completion of Acquisition of entire paid-up equity share capital of Piombino Steel Ltd.
Announcement Reference
SG190607OTHR4XMF
Submitted By (Co./ Ind. Name)
JSW Steel Limited
Designation
Company Secretary
Effective Date and Time of the event
07/06/2019 17:00:00
Description (Please provide a detailed description of the event in the box below)
In continuation to our earlier communication of 6th June, 2019, we hereby inform that JSW Steel Limited [ the Company ] has completed the transaction and acquired by itself and through its nominees, 10,000 equity shares of INR 10/- each, comprising the entire issued and paid-up equity share capital of Piombino Steel Limited from JSW Techno Projects Management Limited. Further Piombino Steel Limited has, by itself and through its nominees, acquired 8,000 equity shares of INR 10/- each, comprising the entire issued and paid-up equity share capital of Makler Private Limited from JSW Techno Projects Management Limited.

Pursuant to the above, Piombino Steel Limited has become a wholly owned subsidiary of the Company and Makler Private Limited has become a wholly owned subsidiary of Piombino Steel Limited.

Attachments

Piombino.pdf
Total size =109K