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Uploaded 4 hours ago
Duration: 0h 5m 52s
Debt reduction, joint venture benefits positive for JSW Steel
JSW Steel Ltd (JSTL) has announced a restructuring that unlocks value from Bhushan Power & Steel Ltd (BPSL) and changes the balance-sheet.
JSTL will do a slump sale of 50 per cent stake in BPSL to Japan's JFE Steel in two equal tranches, totalling Rs 15,700 crore in cash.
Uploaded by: Rediff Video Desk on Mon, 15 Dec 2025 11:28:40 +0530
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Tags: Debt reduction, joint venture benefits positive for JSW Steel
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