01-April-2026
Corporate News
 
JSW Steel: Japan’s JFE Steel Corporation invests Rs 7,875 crore for 25% stake in Kalinga Steel
31-Mar-2026

JSW Steel share price is steady in trade today afterJapan’s JFE Steel Corporation invested Rs 7,875 crore to acquire a 25% stake in JSW Kalinga Steel, marking the first tranche of its investment under the joint venture agreement. JFE is set to invest an additional Rs 7,875 crore to acquire another 25% stake, which will take its total holding to 50%, in line with the joint venture agreement signed between the two companies.

News Source:- https://www.financialexpress.com/business/industry-jsw-steel-japans-jfe-steel-corporation-invests-rs-7875-crore-for-25-stake-in-kalinga-steel-4188740/