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Jindal Stainless to divest entire 26% stake in Jindal Coke by September

In the first tranche, the company has offloaded 4.87 per cent shares in Jindal Coke for over ₹36.49 crore.

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Jindal Stainless divest stake: Jindal Stainless to divest entire 26% stake in Jindal Coke by September

Jindal Stainless plans to divest its 26% stake in Jindal Coke by September, with 4.87% shares already sold to JSL Overseas for over Rs 36.49 crore. Concurrently, it acquired a majority stake in Spanish entity Iberjindal. The company aims to complete the divestment and acquisition by September 30, 2024.

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Jindal Stainless to divest entire 26 percent stake in Jindal Coke by September

Jindal Stainless to divest entire 26 percent stake in Jindal Coke by September
financialexpress.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from financialexpress.com Daily Mail and Mail on Sunday newspapers.

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New Powergrid CMD

New Powergrid CMD
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Jindal Stainless Elevates Tarun Khulbe As CEO -

PTI Jindal Stainless Ltd on Monday said it has elevated Whole Time Director Tarun Khulbe as Chief Executive Officer (CEO). A decision in this regard was taken at the company's board meeting last week, Jindal Stainless Ltd (JSL) said in a regulatory filing. "The board has approved the elevation of Tarun Khulbe as the Chief…

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Request government for protectionist measures in Budget; remove duty on raw materials: Abhyuday Jindal, ET Auto

Budget 2024: "One long-standing requirement of the stainless steel industry has been that there are certain raw materials that are not present in the country like ferro nickel and ferro molybdenum," Jindal told.

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Jindal Stainless Q3 net profit rises 35% to Rs 691 crore

The board of the company has also given in-principal approval for the acquisition of up to 100 per cent stake in Iberjindal S.L., a subsidiary company based out in Spain.

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Stock Market Live Updates 26 December 2023: Sensex, Nifty trade flat amid global signals; analysts forecast volatile week

Stock Market Live Updates 26 December 2023: Sensex, Nifty trade flat amid global signals; analysts forecast volatile week
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'Made in India' steel exports set for roll-out as steel mills come on-board

'Made in India' steel exports set for roll-out as steel mills come on-board
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Jindal Stainless Q2 net profit more than doubles to Rs 764 crore

During the September quarter, the company’s earnings before interest, taxes, depreciation, and amortisation was at Rs 1,231 crore, up by 80 per cent y-o-y.

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