Jindal Saw Limited — Others, 13-06-2025: Title Search Report

Jindal Saw Limited has completed a title investigation for an 18 Guntha agricultural land in Mundra, Kutch, offered as loan security. The land holds a clear, freehold, marketable title with ownership verified through registered sale deeds. It is currently mortgaged to ICICI Bank on behalf of multiple lenders, securing loans worth several thousand crores. Conversion from agricultural to non-agricultural use is in progress. There are no pending legal disputes or charges beyond the existing mortgages, confirming a clear asset position for lenders and supporting the company’s financing arrangements.