ASECURWAR Financial Overview
KEY UPDATES
JSLA
JINDAL STAINLES
Project Commissioning
Doubled the melt capacity at Jajpur at 1/3rd of greenfield capex cost along with downstream capacities
Strengthening product mix; Expanded the precision strip by 3X
Dividend
FY23 dividend payment of Rs.2.5 i.e. 125% per equity share with a face value of Rs.2 each
Merger
April 2023: Special Interim Dividend payment of Rs.1 per equity share for FY23 on successful completion of
the merger
May 2023: Final Dividend payment @Rs.1.50 for FY23 to the shareholders on account of improved financial
performance,
The merger of Jindal Stainless (Hisar) Limited with Jindal Stainless Limited completed
Merger effective from March 02, 2023 with an appointed date of April 1, 2020
Rathi Super Steel Ltd
Successful acquisition of Rathi Super Steel Ltd with Wire rod & Re-bars rolling capacity of 0.16mtpa in November 2022;
begun production in May'23, ahead of the planned timelines, despite the facility being closed for an extended period of
time
Stake acquisition in NPI facility
Collaboration agreement with New Yaking Pte Ltd for a 49% stake in Nickel Pig Iron (NPI) smelter facility in Indonesia to
create raw material security
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