Jindal Saw Limited (JINDALSAW) — Announcement

· NSE Neutral
📢 Key Event
API reinstates licenses for seamless pipe manufacturing
💡 Investor Takeaway
Shareholders gain reassurance that core revenue streams tied to API-certified pipes are restored without immediate financial impact.

Jindal Saw Limited announced that the American Petroleum Institute has reinstated its API licenses for seamless pipe manufacturing, effective June 24, 2026, restoring the ability to affix the API monogram and resume operations with global oil and gas majors. This resolves prior regulatory concerns and safeguards core revenue streams tied to certified pipe supply contracts.

📄 View Original Announcement (PDF)

About Jindal Saw Limited (JINDALSAW)

Capital Goods · Industrial Products · Listed on NSE

Market Cap: ₹14,650.49 Cr P/E: 7.9

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Source: Stock Announcements. Analysis by StockFin.ai. For informational purposes only — not investment advice.

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