JINDAL STEEL (JINDALSTEL) — Related Party Transaction

Jindal Steel & Power Limited announced that shareholders approved four of six proposed resolutions via remote e-voting, including three related party transactions with Nalwa Steel, Jindal Saw, and Jindal Global Trading DMCC, and a transaction between Jindal Steel Odisha and Nalwa Special Steel. A special resolution to amend the Employee Benefit Scheme 2022 failed to achieve required majority. The company confirmed results on July 19, 2025, and will file the scrutinizer's report and voting details with exchanges.

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About JINDAL STEEL LIMITED (JINDALSTEL)

Metals & Mining · Ferrous Metals · Listed on NSE

Market Cap: ₹1,25,674.85 Cr P/E: 30.4

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🔥 Also filed on 19 July 2025

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

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