Jindal Stainless gets nod to incorporate wholly owned subsidiary
The entity, once incorporated, will be a wholly owned subsidiary of the Company
Jindal Stainless has received approval from board of directors for incorporation of a wholly-owned subsidiary of the Company. In view of the Company’s expanding operations, growing business complexity, and presence of multiple group entities, the Board of Directors have accorded its approval for the incorporation of a wholly owned subsidiary to act as a centralized shared services entity. The entity, once incorporated, will be a wholly owned subsidiary of the Company.
The Board of Directors of Jindal Stainless at its meeting held on November 10, 2025, inter alia, considered and approved the same.
Jindal Stainless (JSL) is one of the largest stainless steel conglomerates in India and ranks amongst the top 10 stainless steel conglomerates in the world.
