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

Jindal Saw Limited has confirmed clear and marketable ownership of an industrial property in Mundra, Kutch, Gujarat, used as security for loans totaling thousands of crores. The property, legally converted for industrial use, includes land, structures, and machinery with valid documentation and no legal issues. Multiple charges are registered in favor of ICICI Bank as security agent, and the asset is SARFAESI compliant, ensuring enforceability of lenders' security interests. This strengthens the company’s loan security framework and supports creditor confidence.