JTL Industries Limited (BSE:534600) agreed to acquire 67% stake in Nabha Steels and Metals-Mandi on April 9, 2024. The consideration consists of INR 700 million in cash. As part of the consideration, INR 700 million was paid towards common equity.

JTL Industries Limited (BSE:534600) completed the acquisition of 67% stake in Nabha Steels and Metals-Mandi on May 10, 2024.