Thu, Apr 13, 2023
Jindal Stainless Steel successfully completed the merger process of Jindal Stainless Hisar Limited (JSHL) with self recently and hence, decided to consider the declaration of a special dividend.
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Thu, Mar 09, 2023
Jindal Stainless shares continued to rise for the 7th day in a row to scale a fresh record high on March 9, the record date for the company's merger with Jindal Stainless Hisar via a share swap. Earlier, the stainless-steel makers entered a scheme of mega amalgamation that would create one of the biggest stainless-steel producers in the country. Under the scheme, Jindal Stainless Hisar will be merged into Jindal Stainless in a share swap ratio of 1:1.95.
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