JSW Steel will hold a meeting of the Board of Directors of the Company on 23 May 2025.Powered by Capital Market - Live News

The board of JSW Steel at its meeting held on 25 March 2025 has approved tendering of 22,26,36,000 equity shares held by the company in Piombino Steel (PSL), a subsidiary of the company, under the proposed buy-back offer at a price of Rs. 75.30/- per equity share. This will inter-alia help company further strengthen its balance sheet. The said buy-back will be subject to acceptance by PSL. The company holds 508 crore equity shares in PSL constituting 83.28% of total equity shareholding of PSL.Powered by Capital Market - Live News

The Board of JSW Steel at its meeting held on 25 March 2025 has approved the proposal to transfer its Salav unit located at Salav Village of Raigad District, Maharashtra having a Direct Reduced Iron (DRI) capacity of 0.9 MTPA to JSW Green Steel, its wholly owned subsidiary, on a Slump Sale basis.JSW Green Steel was incorporated by the Company on 27 February 2024 for the purpose of setting up a 4 MTPA integrated Green Steel plant at the Company`s Salav works, in phases, as a part of Company`s plan for reducing its carbon footprints.Powered by Capital Market - Live News

JSW Steel reported consolidated Crude Steel production for the month of February�25 at 24.07 Lakh tonnes. Consolidated production was higher by 12% YoY. Capacity utilisation for February�25 stands at Indian Operations 93.5%. Powered by Capital Market - Live News

JSW Steel has received the prestigious ResponsibleSteel™ Certification simultaneously for four of its manufacturing sites. In keeping with the Company`s philosophy of `Better Every Day`, the significant accolade has been achieved by the manufacturing plants of JSW Steel situated at Vijaynagar (Karnataka), Dolvi and Tarapur (both in Maharashtra) and Salem (Tamil Nadu). With this momentous milestone, JSW Steel (Indian Operations) now has over 80% of its primary steel production from  ResponsibleSteel™ certified sites, with Tarapur being the first downstream rolling mill in India to achieve this milestone.  ResponsibleSteel™ is the steel industry`s first global multi-stakeholder standard and certification initiative that works with steel producers, consumers, and intermediaries towards building a sustainable steel industry by addressing key challenges including responsible sourcing, climate change, diversity, human rights and environment stewardship, among a host of other initiatives. Powered by Capital Market - Live News