JSWSTEEL
JSW Steel Limited
NSELast Traded Price
₹1240.1
-7.6 (-0.61%)
Open
₹1249.6
High
₹1252.6
Low
₹1237.1
Prev Close
₹1247.7
Industry
Iron & Steel
Market Cap
303260.75 Cr
Filing History
Recent corporate announcements and filings for JSWSTEEL
Routine
Neutral
2026-07-09 12:02
New Filing detected. See link for details.
Business Update
Positive
2026-07-09 09:48
- JSW Steel reported Consolidated Crude Steel production of 6.59 million tonnes for Q1 FY27.
- This represents a 3% YoY growth in consolidated production.
- Excluding the impact of BF3 shutdown, Q1 FY27 volumes grew approximately 15% YoY.
- Blast Furnace 3, under shutdown for upgradation, started hot-metal production from June 23, 2026.
Financials
Positive
2026-07-08 14:23
- CARE Ratings upgraded JSW Steel's Long-Term facilities and Issuer Rating to 'CARE AA+; Stable' from 'CARE AA; Stable'.
- Short-term ratings were reaffirmed at 'CARE A1+'.
- The upgrade is attributed to improved financial risk profile, significant cash inflow for deleveraging, and consistent operational performance.
Business Update
Positive
2026-07-06 15:11
- Fitch Ratings upgraded JSW Steel Limited's Long-Term Issuer Default Rating (IDR) and Senior Unsecured bonds to 'BB+' with a Positive Outlook, from 'BB' (Rating Watch Positive).
- The upgrade is driven by an expectation of EBITDA net leverage reduction to around 2.0x by FY27, aided by rising EBITDA and debt reduction.
Business Update
Positive
2026-07-03 15:48
- JSW Steel commenced work on the Rayalaseema Steel Project in Andhra Pradesh.
- The project is for a 2 MTPA steel plant with a total investment of ₹16,350 crore.
- It will produce low carbon emission steel products using EAF technology.
Business Update
Positive
2026-07-03 10:49
- NCLT Mumbai Bench-I has sanctioned the Scheme of Amalgamation of Amba River Coke Limited, Monnet Cement Limited, and JSW Retail and Distribution Limited with JSW Steel Limited on July 2, 2026.
- The scheme aims to enhance operational efficiency, reduce costs, and streamline the group structure.
- It will become effective upon receipt and filing of the certified order with the Registrar of Companies.
Governance
Neutral
2026-07-02 22:47
- JSW Steel announced its 32nd AGM on July 24, 2026, at 11:00 a.m. IST (VC/OAVM).
- The Integrated Annual Report for FY 2025-26 is accessible via web-link.
- Key dates: Record Date (July 7, 2026), E-voting (July 21-23, 2026), Dividend Payment (July 28, 2026, if approved).
Business Update
Positive
2026-07-02 22:42
- Submission of the Business Responsibility and Sustainability Report for FY 2025-26. It details the company's ESG performance, policies, and approach to responsible business conduct across various environmental, social, and governance principles. The report also includes grievance redressal mechanisms.
Governance
Positive
2026-07-02 22:32
- Notice for 32nd AGM on July 24, 2026, at 11:00 AM IST.
- Board recommended ₹7.10/- per equity share dividend for FY 2025-26.
- Agenda includes adoption of FY26 financials, re-appointments of directors, and approval for QIP up to ₹7,000 crore.
- Also seeking approval for related party transactions totaling ₹24,380 crore and USD 2,622 million for future fiscal years.
- Record date for dividend is July 7, 2026.
Governance
Neutral
2026-07-01 21:32
- JSW Steel Limited has appointed Mr. Dev Bajpai as an Additional Director, categorized as a Non-Executive Independent Director. His appointment is effective from July 2, 2026, for a five-year term, subject to shareholder approval.
Business Update
Positive
2026-06-30 13:19
- JFE Steel Corporation acquired an additional 25% stake in JSW JFE Kalinga Steel Limited for ₹7,875 crores on June 30, 2026.
- JFE now holds 50% shareholding (on a fully diluted basis), completing the 50:50 joint venture between JSW Steel and JFE Steel Corporation.
Financials
Neutral
2026-06-29 12:45
- Board meeting scheduled for July 17, 2026, to consider un-audited standalone and consolidated financial results for the quarter ended June 30, 2026.
- Trading window for insiders will remain closed from July 01, 2026, to July 19, 2026.
Routine
Neutral
2026-06-09 18:08
New Filing detected. See link for details.
Business Update
Positive
2026-06-09 09:23
- JSW Steel reported Consolidated Crude Steel Production of 22.93 Lakh Tonnes for May 2026.
- This represents a 15% Year-on-Year growth compared to May 2025 (19.96 Lakh Tonnes).
- Indian Operations production was 21.98 Lakh Tonnes (▲15% YoY), and JSW Steel USA – Ohio produced 0.95 Lakh Tonnes (▲20% YoY).
- Higher production was attributed to full operations of Dolvi unit and fully ramped-up JVML operations.
Routine
Neutral
2026-05-29 21:03
JSW Steel Limited has intimated shareholders about the mandatory transfer of equity shares and unpaid/unclaimed dividends that have remained unclaimed for seven or more consecutive years to the Investor Education and Protection Fund (IEPF) Authority, as per regulatory provisions. Shareholders are requested to claim their dividends by July 31, 2026, and shares will be transferred to IEPF by September 01, 2026.
Business Update
Positive
2026-05-29 16:23
JSW Steel's wholly-owned subsidiary, JSW Steel Coated Products Limited (JSWSCPL), has been approved by the Committee of Creditors (CoC) as the successful resolution applicant for Colour Roof India Limited, which is undergoing corporate insolvency. JSWSCPL submitted a revised financial plan on May 13, 2026, which the CoC approved on May 28, 2026. The implementation of this resolution plan is subject to the necessary approval from the National Company Law Tribunal (NCLT).
Business Update
Positive
2026-05-27 15:09
JSW Steel commenced project development of a 13.2 MTPA Integrated Steel Plant at Paradeep, Odisha. The project involves an estimated investment of ₹65,000 crore in phases and is strategically located on Odisha's coastline, offering strong port connectivity and efficient access to raw materials.
Business Update
Positive
2026-05-25 13:29
JSW Steel, Bharatia, and Carbon Iceland International have signed a Strategic MoU during the 3rd India-Nordic Summit to jointly explore the development of a large-scale green methanol (eMethanol) project in India. The project aims to utilize 300 KTPA of carbon dioxide emissions from JSW Steel's operations in Raigad, Maharashtra, converting them into eMethanol using green hydrogen from renewable energy sources, supporting industrial decarbonisation.
Business Update
Neutral
2026-05-21 15:58
JSW Steel Limited informed about its schedule of Analyst/Institutional Investor Meetings. The company will participate in the 360 ONE Capital 16th Annual Investor Conference on May 27, 2026, Bank of America's India Conference on June 1, 2026, and Morgan Stanley - India Investment Forum on June 2, 2026. All meetings will be held in Mumbai as group and one-on-one interactions.
Business Update
Neutral
2026-05-20 11:30
JSW Steel Limited announced the availability of the transcripts and audio recordings of its Q4 FY26 Earnings Conference Call, conducted on May 14, 2026. The links to access these resources have been provided on the company's website for investor information.
Governance
Positive
2026-05-14 15:46
The Board recommended a final dividend of Rs. 7.10 per share (710%) for the financial year ended March 31, 2026. It also approved the re-appointment of Ms. Fiona Jane Mary Paulus as an Independent Director for a second term and raising up to ₹7,000 crores through Non-Convertible Debentures with warrants or Equity Shares via Qualified Institutions Placement, subject to shareholder approval. The Annual General Meeting is scheduled for July 24, 2026, with the record date for dividend set as July 7, 2026.
Governance
Positive
2026-05-14 15:44
The Board of Directors of JSW Steel Limited recommended a final dividend of Rs. 7.10/- (710%) per equity share for the year ended 31st March 2026. The Board also approved the re-appointment of Ms. Fiona Jane Mary Paulus as an Independent Director for a second term until May 26, 2032. Additionally, the company approved raising long-term resources of up to ₹7,000 crores through Non-Convertible Debentures with warrants and/or Equity Shares/Convertible Securities via a Qualified Institutions Placement (QIP), subject to shareholder approval. The 32nd Annual General Meeting will be held on July 24, 2026, and the record date for the dividend is July 7, 2026.
Governance
Positive
2026-05-14 15:41
The Board of Directors of JSW Steel Limited recommended a final dividend of Rs. 7.10/- (710%) per equity share for the financial year ended March 31, 2026. The Board also approved the re-appointment of Ms. Fiona Jane Mary Paulus as an Independent Director for a second term until May 2032, subject to shareholder approval. Additionally, the Board approved raising long-term resources up to ₹7,000 crores via a Qualified Institutions Placement (QIP) of Non-Convertible Debentures with warrants and/or Equity Shares. The 32nd Annual General Meeting (AGM) is scheduled for July 24, 2026, with July 7, 2026, as the record date for the dividend.
Governance
Positive
2026-05-14 15:41
The Board of Directors of JSW Steel Limited recommended a final dividend of Rs. 7.10 (710%) per equity share for the fiscal year ended March 31, 2026. Ms. Fiona Jane Mary Paulus was approved for re-appointment as an Independent Director for a second term until May 26, 2032. The Board also approved raising up to ₹7,000 crores through Non-Convertible Debentures with warrants and/or Equity Shares via a Qualified Institutions Placement, subject to shareholder approval. The 32nd Annual General Meeting will be held on July 24, 2026, with July 7, 2026, designated as the record date for dividend.
Governance
Positive
2026-05-14 15:41
The Board of Directors of JSW Steel Limited recommended a final dividend of Rs. 7.10/- per share for the fiscal year ended March 31, 2026. The Board also approved the re-appointment of Ms. Fiona Jane Mary Paulus as an Independent Director for a second term until May 26, 2032. Additionally, the Board approved raising up to ₹7,000 crores through Non-Convertible Debentures with warrants and/or Equity Shares/Convertible Securities via Qualified Institutions Placement (QIP), subject to shareholder approval. The record date for the dividend is July 7, 2026, and the 32nd Annual General Meeting is scheduled for July 24, 2026.
Business Update
Positive
2026-05-14 15:41
JSW Steel's Board approved the amalgamation of BMM Ispat Limited, which operates a ~1 MTPA integrated steel facility in Karnataka, with JSW Steel on May 14, 2026. BMMIL had a standalone turnover of ₹4,776 Cr and net worth of ₹2,732 Cr as of March 31, 2026. The merger aims to create operational synergies, leverage expansion-ready land for capacity increase, strengthen the long products portfolio, and improve operating efficiencies. JSW Steel will issue one equity share for every 18 BMMIL shares.
Financials
Positive
2026-05-14 15:33
Standalone Revenue ₹36,248Cr vs ₹32,471Cr (▲11.63% YoY), EBITDA ₹5,578Cr vs ₹5,068Cr (▲10.06% YoY), PAT ₹2,094Cr vs ₹2,047Cr (▲2.30% YoY). EBITDA Margin 15.39% vs 15.61% (▼22bps). The Board also recommended a dividend of Rs. 7.10 per equity share.
Business Update
Neutral
2026-05-12 12:29
JSW Steel reported consolidated crude steel production of 21.18 Lakh Tonnes for April 2026, a 1% YoY decrease compared to 21.40 Lakh Tonnes in April 2025. This was primarily due to the transfer of Bhushan Power and Steel Limited (BPSL) to a JV in March 2026 and the shutdown of Blast Furnace 3 (BF3) for upgradation. Excluding BF3's impact, production grew approximately 10% YoY, driven by full ramp-up of JVML operations.
Business Update
Positive
2026-05-08 20:51
Order Win: JSW Steel Limited has been declared as the 'Preferred Bidder' for the Pissurlem Mineral Block No. XV in Goa by the Directorate of Mines and Geology, Government of Goa. The block holds projected Iron Ore Resources of 96 million tonnes. JSW Steel's final offer price was 118.10% of the 'Value of mineral dispatched'.
Business Update
Neutral
2026-05-08 14:46
JSW Steel Limited announced that its Board of Directors will meet on Thursday, May 14, 2026, to consider the Audited Financial Results for the quarter and year ended March 31, 2026. Following this, the company will conduct a Conference Call with Analysts on the same day at 05:30 p.m. IST to discuss the results and future outlook.
Business Update
Positive
2026-04-24 14:14
JSW Steel and Japan's JFE Steel Corporation formally unveiled their 50:50 joint venture, JSW JFE Steel Ltd., for integrated steel operations in Sambalpur, Odisha. This partnership, announced on April 24, 2026, combines JSW's operational excellence with JFE's technological expertise, marking a new chapter in India's steel industry.
Business Update
Positive
2026-04-21 10:00
JSW Steel announced that US$750 million notes issued by its subsidiary, Periama Holdings LLC, and guaranteed by JSW Steel, have matured and been fully redeemed on April 20, 2026. Consequently, the guarantee provided by JSW Steel has terminated.
Business Update
Positive
2026-04-20 17:38
JSW Steel Limited announced signing a Joint Venture Agreement with POSCO Group to form a 50:50 JV (Saffron Resources Private Limited) for setting up a 6 MTPA integrated steel plant in Odisha. The agreement was executed on April 20, 2026, and is subject to regulatory approvals.
Routine
Neutral
2026-04-17 19:01
New Filing detected. See link for details.
Business Update
Positive
2026-04-17 13:55
JSW Steel announced a 50:50 Joint Venture with POSCO Group (via subsidiary Saffron Resources Private Limited) to set up a 6 MTPA greenfield integrated steel plant in Odisha. POSCO Group will subscribe to shares of Saffron for ~INR 508.8 crore. This strategic partnership aims to deepen ties and access advanced steel technology.
Business Update
Positive
2026-04-17 13:52
JSW Steel Limited announced a 50:50 Joint Venture with POSCO Group through its subsidiary Saffron Resources Private Limited to set up a 6 MTPA integrated steel plant in Odisha. POSCO Group will subscribe for ~INR 508.8 crore in Saffron, aiming to deepen strategic ties and technology access for high-grade steel products.
Business Update
Negative
2026-04-14 23:05
CRITICAL RED FLAG DETECTED
NCLT order dated April 13, 2026, partially allowed challenges to the CIRP for Colour Roof (India) Limited. It directed the CoC to reconsider all resolution plans afresh, including new applicants and upward revisions, impacting JSWSCPL's earlier successful bid as the resolution applicant.
Routine
Neutral
2026-04-09 19:17
New Filing detected. See link for details.
Routine
Neutral
2026-04-09 13:03
JSW Steel Limited submitted a certificate confirming compliance with Regulation 74(5) of SEBI (Depositories and Participants) Regulations, 2018, for the quarter ended March 31, 2026. This confirms proper handling of dematerialisation requests and related share transfer activities, as certified by KFin Technologies Limited.
Business Update
Positive
2026-03-30 08:40
JFE Steel Corporation invested Rs. 7,875 crores for a 25% stake in JSW Kalinga Steel Limited on March 30, 2026, establishing joint control with JSW Steel. A further 25% stake acquisition for Rs. 7,875 crores is planned.
Business Update
Positive
2026-03-27 16:16
JSW Steel announced the completion of the transfer of Bhushan Power and Steel Limited's (BPSL) steel business undertaking to JSW Sambalpur Steel Limited. This facilitates the previously approved 50:50 joint venture with JFE Steel Corporation, Japan, for BPSL's steel business.
Governance
Neutral
2026-03-27 12:16
JSW Steel Limited announced a Board Meeting on May 14, 2026, to consider audited financial results for the quarter and year ended March 31, 2026. The trading window will be closed from April 1 to May 16, 2026.
Business Update
Positive
2026-03-25 20:34
JSW Steel's subsidiary, JSW Natural Resources Limited, completed the acquisition of 92.19% equity stake and shareholder loans of Minas de Revuboe Limitada for USD 74.24 million on March 25, 2026. This concludes the previously intimated transaction.
Business Update
Positive
2026-03-14 01:37
JSW Steel announced the Minas de Revuboè Coking Coal Mining Project in Mozambique on March 13, 2026. This project is a strategic move for backward integration, securing 850 mt of premium coking coal reserves and aiming for 2.4 mtpa production in Phase 1, reducing cost volatility and emissions.
Business Update
Neutral
2026-03-10 09:31
JSW Steel reported consolidated crude steel production of 23.66 Lakh Tonnes for February 2026, marking a 2% YoY decrease. Indian operations saw a 1% decline due to BF3 upgradation shutdown, while USA operations were down 20% due to caster upgrades and weather.
Business Update
Positive
2026-03-06 15:38
JSW Steel Limited announced its participation in analyst/institutional investor meetings at the Jefferies 7th Asia Forum in Hong Kong on March 18-19, 2026. The meetings will be group and 1x1 sessions.
Business Update
Positive
2026-03-04 15:16
JSW Steel Limited announced an Analyst/Institutional Investor plant visit to Vijayanagar, Karnataka, scheduled for 11-12th March 2026.
Business Update
Neutral
2026-02-16 12:40
JSW Steel Limited announced a schedule of analyst/institutional investor meetings on 23rd, 24th, and 25th February 2026 in Mumbai, including events like Kotak - Chasing Growth 2026 and IIFL's 17th Enterprising India Global Investors' Conference.
Business Update
Neutral
2026-02-10 09:26
JSW Steel reported Consolidated Crude Steel Production of 24.75 Lakh Tonnes for January 2026, a 2% decrease YoY (vs 25.18 Lakh Tonnes in January 2025). Indian operations saw a marginal increase, while USA Ohio production decreased 74% due to scheduled upgrades and a blast furnace shutdown in India affecting capacity.
Business Update
Neutral
2026-02-06 14:36
JSW Steel Limited has filed an Investor/Analyst Presentation on its website pursuant to Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The presentation provides updates for investors and analysts.
Routine
Neutral
2026-02-05 23:50
New Filing detected. See link for details.
Governance
Positive
2026-02-05 23:31
JSW Steel Limited announced on February 5, 2026, the postal ballot voting results. Shareholders overwhelmingly approved key resolutions for Material Related Party Transactions for a JV involving Bhushan Power & Steel, its transfer to JSW Sambalpur, and changes in JSW Kalinga Steel's shareholding for joint control with JFE Steel.