JSW Steel completes acquisition of 92.19% stake and loans in Minas de Revuboe
JSW Steel · Ferrous Metals
Key highlights
- JSW Natural Resources, JSW Steel's subsidiary, acquired 92.19% equity and shareholder loans of Minas de Revuboe Limitada.
- Transaction completed with USD 74.24 million transferred to escrow accounts on March 25, 2026.
- Disclosure made under SEBI Listing Regulations and earlier intimations referenced from May 17, 2024, January 28, 2025, and March 26, 2025.
Why it's rated notable: amount is ₹500 crore or more
Original filing
Update On Acquisition Of Minas De Revuboe Limitada
Read the filing on BSE (PDF) →Companies guiding to strong growth
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Potential multibaggers · Q2 FY27
Potential multibaggers in Ferrous Metals
on management's own guidance
- Jindal SteelGood growth2
- Strong growth1
- Jai Balaji IndustriesGood growth3
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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.