JSW Metal to mull fund elevating on Might 27

JSW Metal on Tuesday introduced that the corporate’s board will meet on Friday, 27 Might 2022 to contemplate elevating of long run funds, together with however not restricted to Certified Establishments Placement.

The fund elevating is topic to regulatory/statutory approvals as could also be required. On the identical day, the board can even contemplate the audited monetary outcomes of the corporate for the quarter and 12 months ended 31 March 2022 and the advice of fee of dividend on the fairness shares of the corporate.

JSW Metal, the flagship enterprise of the diversified JSW Group, is India’s main built-in metal firm with a steel-making capability of 28 MTPA in India & USA, together with capacities below joint management & new capability to be commissioned at Dolvi throughout this 12 months.

The metal producer’s consolidated internet revenue surged 69.20% to Rs 4,516 crore on 74.16% leap in complete income from operations to Rs 38,071 crore in Q3 FY22 over Q3 FY21.

Shares of JSW Metal had been buying and selling 1.45% decrease at Rs 539.65 on BSE.

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(This story has not been edited by Enterprise Customary workers and is auto-generated from a syndicated feed.)

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