 "Jindal Stainless gets notice from JSL Overseas for conversion of preference shares")
Shares of Jindal Stainless Limited (JSL) advanced 10 per cent at Rs 135.40 on the BSE in the intra-day trade on Thursday after the company signed a memorandum of understanding (MoU) with Tata Steel Mining (TSML).
"The MoU is signed with an aim to jointly unearth the chrome ore locked up in the boundary between our mines located in Sukinda of Jajpur district, Odisha," JSL said in a statement.
It added: This would help conservation of chromite ore which otherwise would have been left unmined forever. This is a win-win-win partnership for the State of Odisha, TSML and
"The MoU is signed with an aim to jointly unearth the chrome ore locked up in the boundary between our mines located in Sukinda of Jajpur district, Odisha," JSL said in a statement.
It added: This would help conservation of chromite ore which otherwise would have been left unmined forever. This is a win-win-win partnership for the State of Odisha, TSML and
