JSW Steel (JSWSTEEL) — Board Meeting

JSW Steel's board approved transferring its 0.9 MTPA DRI Salav unit to wholly-owned subsidiary JSW Green Steel Limited via slump sale for ₹2,233 crores. The transfer supports JSW Steel's carbon-reduction strategy and enables expansion to 4 MTPA integrated green steel capacity in phases. This positions JSW to meet upcoming global low-carbon steel regulations like EU's Carbon Border Adjustment Mechanism and India's net-zero targets.

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About JSW Steel Limited (JSWSTEEL)

Metals & Mining · Ferrous Metals · Listed on NSE

Market Cap: ₹3,12,724.65 Cr P/E: 41.9 ROE: 9.4% ROCE: 10.2%

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

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