JSW Steel shareholders approve Scheme of Amalgamation with Piombino Steel
JSW Steel · Ferrous Metals
Key highlights
- Meeting held on August 21, 2026, via video conferencing as per NCLT Mumbai Bench directions
- Scheme of Amalgamation of Piombino Steel Limited with JSW Steel Limited approved by requisite majority
- Voting conducted through remote e-voting (Aug 18-20, 2026) and Insta Poll at meeting; results to be published within two working days
Why it's rated notable: The filing reports that the equity shareholders approved the scheme of amalgamation of Piombino Steel Limited with JSW Steel Limited but states no value involved, and the scheme remains subject to NCLT sanction, so it is sized at medium.
Original filing
Shareholder Meeting / Postal Ballot-Outcome of Court Convened Meeting
Read the filing on BSE (PDF) →Companies guiding to strong growth
Ranked by management's own guidance on revenue and margins — not by us.
Aerospace & Defense
Sign up free to see all 6 →
See full rankingsRank buckets describe management commentary on revenue and margin. Not investment advice, and not a forecast of returns.
More from JSW Steel
- Acquisition / mergerNotableJSW Steel approves Sambalpur plant expansion and UAE subsidiary incorporation
- Acquisition / mergerNotableJSW Steel: NCLT sanctions merger of Piombino Steel Limited into the company
- Acquisition / mergerNotableJSW Steel Limited shareholders approve Scheme of Amalgamation on August 21, 2026
- Credit ratingNotableMoody’s upgrades JSW Steel to Baa3 investment grade with stable outlook
- Acquisition / mergerNotableJSW Steel Limited receives NCLT approval for Scheme of Amalgamation with three companies
Other acquisition / merger filings this fortnight
- IndiGrid Infrastructure Trust Q2 FY27 Earnings Conference Call Transcript Released
- Cubical Financial Services Ltd announces promoter reclassification post open offer
- Novus Loyalty Limited approves acquisition of AutoPe Payment Solutions via share swap
- Shish Industries Limited files Composite Scheme of Amalgamation proposal
- Jubilant Ingrevia Limited updates on acquisition of 40% stake in Zettaone Technologies
- NHC Foods approves quarter results, 99.98% Sachmaas Foods investment, two appointments
Potential multibaggers · Q2 FY27
Potential multibaggers in Ferrous Metals
on management's own guidance
- Jindal SteelGood growth2
- Strong growth1
- Jai Balaji IndustriesGood growth3
Portfolio builder
Build your portfolio
from the top-ranked stocks
- 1. Pick 3–15 stocks
- 2. Choose large, mid or small cap and your sectors
- 3. Get a portfolio built from the rankings
Ranks describe management commentary on revenue and margin from the latest earnings call. Not investment advice.
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.