30-Jun-2026      18:53

JFE Steel Corporation acquires further 25% stake in JSW JFE Kalinga Steel

JFE Steel Corporation, Japan (JFE) has on 30 June 2026 acquired a further 25% stake (on a fully diluted basis) in JSW JFE Kalinga Steel for a consideration of Rs. 7,875 crore. Consequently, JFE now holds 50% of the shareholding in JSW JFE Kalinga Steel.

News source: Capital Market - Live News