Jindal Stainless acquires 100% stake in Evergreat Intl

New Delhi: Jindal Stainless Ltd on Tuesday said it has completed the acquisition of Evergreat International Investment Pte Ltd, Singapore (EIPL). "Acquired 100 per cent stake of EIPL. Consequently, EIPL has become a wholly owned subsidiary, and Chromeni Steels Private Limited (CSPL) a step-down subsidiary," JSL said in an exchange filing. The acquisition is with effect from June 4, 2024, it said. Jindal Stainless is India's largest stainless steel manufacturing company.