JSW Steel Limited — Board Meeting, 18-10-2024: Outcome of Board Meeting

JSW Steel's Board of Directors has approved the acquisition of a 100% equity interest in thyssenkrupp Electrical Steel India Private Limited through a 50:50 joint venture with JFE Steel Corporation. This transaction includes the licensing and transfer of related technology and positions JSW Steel in the grain-oriented electrical steel manufacturing sector, with operations based in Nashik, Maharashtra. Further details will be available on the company's website.