Jindal Stainless Limited (NSEI:JSL) agreed to acquire the remaining 46% stake in Chromeni Steels Private Limited for INR 2.78 billion on June 14, 2024. A cash consideration of INR 1.88 billion will be paid for common equity and approximately INR 900 million for CSPL's debt. The deal has been approved by the Board of Directors of Jindal Stainless Limited.
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5-day change | 1st Jan Change | ||
803.3 INR | -1.22% | +1.20% | +40.41% |
06-20 | Jindal Stainless Supplies Stainless Steel to Produce 100 Freight Wagons for Mozambique | MT |
06-17 | Jindal Stainless Acquires Remaining 46% Stake in Chromeni Steels | MT |
EPS Revisions
1st Jan change | Capi. | |
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+40.41% | 8.01B | |
+7.14% | 26.76B | |
+10.62% | 19.71B | |
+40.00% | 12.78B | |
-14.63% | 10.79B | |
-1.71% | 9.7B | |
+35.74% | 9.36B | |
-4.79% | 8.81B | |
-12.64% | 7.26B | |
-13.16% | 5.82B |
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- Jindal Stainless Limited agreed to acquire the remaining 46% stake in Chromeni Steels Private Limited for INR 2.78 billion.