JSW Steel update on acquisition of Welspun's PCMD division

JSW Steel announced that a further amount of Rs 498.50 crore has been paid to Welspun Corp on 08 June 2021 towards consideration for acquisition of its PCMD division. Further, the company also paid Rs 150 crore to Welspun Steel on 08 June 2021 for purchase of a parcel of land pertaining to PCMD business.
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First Published: Jun 09 2021 | 9:38 AM IST
