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Jindal Steel Ltd. — Capital/Financing Update 2021
Aug 5, 2021
14959_rns_2021-08-05_e98cc731-0590-4417-a4c1-8901c6dffa36.pdf
Capital/Financing Update
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August 05, 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 – Media Release
In terms of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015, please find enclosed herewith, a copy of media release to be issued by the Company on the following Subject:
“JSPL’s Steel Sales rise 21% (M-o-M) in July 21”
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 Sales rise 21% (M-o-M) in July 21
Key Highlights:
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JSPL’s Sales increased to 6.7 lakh tonnes, up 5% (Y-o-Y)
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JSPL’s Production stood at 6.5 lakh tonnes, up 8% (Y-o-Y)
05 August 2021, New Delhi: Jindal Steel & Power Limited (JSPL), reported a sharp recovery in steel sales in the month of July 21, returning back to its growth path. Steel sales were up 5% Y-o-Y and surged 21% M-o-M to 6.7 lakh tonnes as compared to 6.4 lakh tonnes during the same month in the previous year.
JSPL reports monthly steel production of 6.5 lakh tonnes, up 8% Y-o-Y as compared to 6.03 lakh tonnes during the same month in the previous year.
Exports accounted for more than 40% of the total sales volumes due to high spot demand from international markets.
“Despite second wave of COVID related disruptions, we are on track to achieve our annual target of 8.25 mt for FY22. Further, we are seeing COVID cases come down, which will give a major relief to the industry and our customers. The effective vaccination campaign driven by the Government of India will encourage workers to return to construction sites and help speed up manufacturing, which will likely to boost domestic demand” said Mr VR Sharma, Managing Director, JSPL.
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