Tag: Merger
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India: JSL-JSHL merger gets shareholder approval
Jindal Stainless Ltd. (JSL) and Jindal Stainless (Hisar) Ltd. convened meetings of their shareholders and creditors on 23 Apr’22 for approving the merger of the two companies. The Scheme of Arrangement between the two companies was approved with an overwhelming majority, as per reports. Sources in JSL said that the company will “continue and complete…