JSW Steel receives NCLT approval for subsidiary merger
after close1 source ↓written by the desknot a recommendation
- effective
- 1 Apr 2026
JSW Steel has received NCLT approval to merge its subsidiaries—Amba River Coke, Monnet Cement, and JSW Retail—into itself. The merger, effective from 1 Apr 2026, aims to enhance operational efficiency and reduce costs. No new shares will be issued as all entities are wholly owned by JSW Steel.
Not investment advice. For informational purposes only.