ALFA Filings
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2 announcements with these filters
Jindal Saw Limited has entered into an agreement for the sale or disposal of a unit, division, or subsidiary. The transaction is conducted at arm's length with no promoter interest. The expected completion date is tentatively set for March 31, 2027, as part of an internal restructuring or divestment strategy.
Jindal Saw Limited's Board has approved the in-principle disposal or liquidation of its 100% Cyprus-based subsidiary, Raleal Holdings Limited. The subsidiary reported a negative net worth of approximately ₹107.39 Crore as of March 31, 2026. This move aligns with the company's strategy to address non-performing or insolvent offshore entities.