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Jindal Stainless Acquires Remaining Stake In Chromeni Steels
Consequently, CSPL has become a wholly owned subsidiary of the company with effect from June 15.
15 Jun 2024, 09:49 PM IST 
Jindal Stainless. (Source: Company website)
Jindal Stainless on Saturday said Chromeni Steels Private Ltd. has become its wholly-owned subsidiary with immediate effect.
The board of directors of Jindal Stainless Ltd. has given approval for the acquisition of remaining 46% equity stake in Chromeni Steels Pvt. Consequently, CSPL has become a wholly-owned subsidiary of the company with effect from June 15, JSL said in a release.
JSL is India's largest stainless steel player.
