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Jindal Steel Ltd. — Capital/Financing Update 2021
Nov 15, 2021
14959_rns_2021-11-15_8b41714f-f621-411f-9668-eed31164b995.pdf
Capital/Financing Update
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November 15, 2021
BSE Limited National Stock Exchange of India Limited Corporate Relationship Department, Exchange Plaza, 5[th] Floor, 1[st] Floor, New Trading Ring, Plot No. C/1, G Block Rotunda Building, P J Towers, Bandra-Kurla Complex, Bandra (E), Dalal Street, Fort, Mumbai – 400 001 Mumbai-400051 [email protected] [email protected] Scrip Code : 532286 Symbol : JINDALSTEL
Subject: Intimation under Regulation 30 of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015 (“SEBI Listing Regulations”) – Media Release
In terms of the SEBI Listing Regulations, please find enclosed herewith, a copy of media release to be issued by the Company on the following Subject:
“JSPL’s Steel Production Jumps 7% (Y-o-Y) in October 2021”
Thanking you.
Yours faithfully, For Jindal Steel & Power Limited
Anoop Singh Juneja Company Secretary & Compliance Officer
Encl.: As above
Jindal Steel & Power Limited Corporate Office: Jindal Centre, 12 Bhikaiji Cama Place, New Delhi 110 066 CIN: L27105HR1979PLC009913 T: +91 11 4146 2000 F: +91 11 2616 1271 W: www.jindalsteelpower.com E: [email protected] Registered Office: O. P. Jindal Marg, Hisar, 125 005, Haryana
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Media Release
JSPL’s Steel Production Jumps 7% (Y-o-Y) in October 2021
Key Highlights:
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Steel production increased to 6.24 lakh tonnes, up 7% (Y-o-Y)
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Steel sales stood at 5.93 lakh tonnes in October 2021.
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Exports contributed 23% to total sales volume
15[th] November 2021, New Delhi: JSPL- India’s leading infrastructure Steel company, increased its steel production by 7% (Y-o-Y) to 6.24 lakh tonnes in October 2021 compared to 5.85 lakh tonnes during the same period in the previous year.
However, JSPL’s Steel Sales observed a 1% (Y-o-Y) dip at 5.93 lakh tonnes in October 2021 (6.0 lakh tonnes in October 2020). Sales growth lagged production during the month due to lack of rake availability, as the government focused on supplying thermal coal to power plants. Exports accounted for 23% of sales volumes as the Company prioritised domestic demand.
About JSPL:
JSPL is a leading Indian Infrastructure Conglomerate with a presence in the Steel, Power, and Mining sectors. With an investment of approximately 12 billion USD (90,000 Crore Rupees) across the globe, the Company is continuously scaling its capacity utilization and efficiencies to contribute towards building a self-reliant India.
Disclaimer: The Figures mentioned in this release are provisional.
For further information, please contact Corporate Communication:
Kuldeep Singh , +91 9899692981; [email protected] Ram Krishna Prayag, +91 7428209898; [email protected] Sudeep Purkayastha, +91 9899441119 [email protected]
Jindal Steel & Power Limited Corporate Office Jindal Centre, 12 Bhikaji Cama Place, New Delhi 110 066