Acquisition / mergerFiled on BSE ·

Jindal Stainless Limited approves Q2 FY2026 financial results and merger scheme

Jindal Stainless Ltd · Ferrous Metals

What the filing says

  • Approved unaudited standalone and consolidated financial results for quarter and half-year ended September 30, 2026; net profit for Q2 was ₹897.75 crore
  • Board approved draft scheme of amalgamation of wholly owned subsidiaries Chromeni Steels Limited, Rabirun Vinimay Private Limited, JSL Super Steel Limited, and Jindal United Steel Limited, with April 1, 2027 as appointed date
  • Scheme involves cancellation of shares of transferor companies; no cash or share consideration to be paid; no change in shareholding pattern of transferee company; subject to statutory approvals

Original filing

Announcement under Regulation 30 (LODR)-Scheme of Arrangement

Read the filing on BSE (PDF) →

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Summary written by Arthneeti from the company's filing with the stock exchange; check the original filing for full details. Arthneeti is a research and analytics platform, not a SEBI-registered investment adviser, and nothing here is a recommendation to buy or sell.