The annual production capacity of the hottest JSW

2022-08-06
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The annual production capacity of JSW steel company will increase from 11million tons to 14.3 million tons recently, the Indian Mumbai high court approved the merger plan of JSW steel company and JSW Ispat steel company, paving the way for the merger of the two companies to form the second largest steel manufacturer in India. Recently, the Mumbai High Court of India approved the merger plan of JSW steel company and JSW Ispat steel company, paving the way for the merger of the two companies to form the second largest steel manufacturer in India

after the merger of the two companies, JSW steel will increase its annual production capacity from 11million tons to 14.3 million tons, becoming the second largest steel producer in India after the Indian authority

according to the merger plan, shareholders of JSW Ispat Steel Co., Ltd. can get 1 share for every 72 shares. Due to lack of experience and no access to relevant information, j5 Data are collected in real time from SW steel company. In addition, JSW Ispat steel company transfers its kalmeshwar company and JSW steel company to JSW steel coating products company, and JSW construction systems company will merge with JSW steel company

jsw Steel Co., Ltd. will hold 35.12% of the shares of the merged company, while the shareholding of JFE Steel Co., Ltd., the second largest shareholder of JSW Steel Co., Ltd., decreased to 14.92% from 15% of JSW Steel Co., Ltd. in September last year

in December, 2010, JSW steel company purchased 41% of the shares of the heavily indebted Ispat Industrial Company at INR 21.57 billion (USD 388million), becoming its largest shareholder, and renamed it as JD southwest Ispat company (JSW Ispat). On June 30 this year, JSW increased its shareholding in JSW Ispat to 46.75%. However, JSW Ispat company, which was controlled by JSW, still did not operate well. Therefore, the boards of directors of the two companies decided to hold a meeting on September 1 to inject strong momentum into efforts to create a new situation of high-quality transformation and development in Huaibei and discuss merger and business restructuring

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