Jindal Steel and Power prepays USD 106 million debt for Australian arm

Jindal Steel and Power said that the company is now aiming to clear all its overseas debt in the coming quarters.

published on : 8th September 2021

JSPL steel output grows 6 per cent in August; sales up four per cent

During the month, its sales volume also increased by 4 per cent y-o-y to 7.1 lakh tonne, Jindal Steel and Power Limited (JSPL) said in a statement.

published on : 7th September 2021

JSPL shareholders give nod to sell 96.42% stake in Jindal Power for Rs 7,401 crore

Worldone will buy out all the Equity Shares and Redeemable Preference Shares of JPL held by JSPL for a total consideration of approximately Rs 7,401 crore.

published on : 3rd September 2021

Jindal asserts commitment to Angul steel plant expansion

The JSPL chief thanked govt for approving the proposal with Rs 1 lakh crore investment

published on : 23rd August 2021

JSPL records 10-fold jump in Q1 net profit

The consolidated net profit for the period stood at Rs 2,516 crore against Rs 236 crore the previous year.

published on : 11th August 2021

JSPL all set to divest its holding in power subsidiary

JSPL and its transaction advisors have successfully negotiated a revised and improved binding offer from Worldone, according to a statement issued.

published on : 25th July 2021

Odisha refutes JSPL complaints on iron ore shortage

Odisha government has strongly refuted Jindal Steel and Power Limited (JSPL)’s charges of iron ore shortage for end use plants and ore price here being one of the highest in the country.

published on : 10th July 2021

JSPL reviews terms of JPL sale amid calls for more clarity

 JSPL’s board had decided in April this year to sell its 96.42% stake in JPL to Worldone Pvt, a firm owned by its promoters, for Rs 3,015 crore cash.

published on : 25th May 2021

Jindal Steel and Power Ltd to raise Rs 1, 000 crore via QIP in February; plans to list Oman business

Jindal also said that JSPL is regularly servicing all its debt commitments and the company's all plants are working in full swing.

published on : 7th January 2018