At meeting held on 11 January 2021The Board of Jindal Saw at its meeting held on 11 January 2021 has approved the issuance of listed, secured, taxable, redeemable, non-convertible debentures (Debentures), in one or more tranches, aggregating up to Rs. 1,000 crore on private placement basis to the investors to be identified through Electronic E-biding Platform (EBP). The Board also approved the proposal of winding up of Jindal International FZE (UAE), a step down subsidiary of the Company which is dormant since its incorporation.
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