Tag: Steel entity

Jindal Stainless Hisar to be merged with Jindal Stainless Limited

The Board of Directors of Jindal Stainless Limited (JSL) and Jindal Stainless (Hisar) Limited (JSHL) approved the merger of JSHL into JSL. As per the approved share swap ratio, 195 equity shares of JSL will be issued for every 100 equity shares of JSHL.  Managing Director, JSL & JSHL, Mr Abhyuday Jindal said, “I am…