Wednesday, December 17, 2025 | 12:02 AM ISTहिंदी में पढें
Business Standard
Notification Icon
userprofile IconSearch

Investment fund Synergy Metals gets CCI nod for stake buy in JSW Cement

Unlisted JSW Cement currently has a capacity of 14 million tonne

Investment fund Synergy Metals gets CCI nod for stake buy in JSW Cement
premium

Aditi Divekar Mumbai
Synergy Metals Investments Holding has received a nod from Competition Commission of India (CCI) to acquire a stake in Sajjan Jindal-led JSW Cement.
 
The investment fund company has received the approval under the ‘green channel notice,’ Public Information Bureau said in its release today.
 
Unlisted JSW Cement currently has a capacity of 14 million tonne. The company aims to reach a capacity target of 25 million tonne by 2023.
 
JSW Cement refrained from commenting on the stake buy by the investment fund.
 
Synergy Metals and Mining Fund I LP, parent of Synergy Metals Investments Holdings Limited