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    JINDAL STAINLESS LTD.

    02 July 2025 | 12:00

    Industry >> Steel - Alloys/Special

    Select Another Company

    ISIN No INE220G01021 BSE Code / NSE Code 532508 / JSL Book Value (Rs.) 187.69 Face Value 2.00
    Bookclosure 08/02/2025 52Week High 848 EPS 30.41 P/E 23.14
    Market Cap. 57960.43 Cr. 52Week Low 497 P/BV / Div Yield (%) 3.75 / 0.43 Market Lot 1.00
    Security Type Other

    History of Company

    The company history sections lists out major chronological events that happened to the company.
    2004

    -Nissin Steel entering into equity & technology collaboration with Jindal Stainless

    -Jindal Stainless Limited - technical collaboration with the Japanese stainless steel major, Nisshin Steel.

    -The Orissa high court on May 11 directed the state government not to sign the joint venture agreement with Jindal Stainless Steel Ltd for the exploitation of the Tangarpada chromite mines in the state

    -Launches a premium range of beverage sets in designer stainless steel under the brand name Art d'inox

    -Jindal Stainless signs a stainless steel supply contract for US $ 18.5 million

    2005

    -Jindal Stainless signs MOU with Steelway s.r.l. Italy Ltd for establishing a Service Centre near Gurgaon, Haryana

    2007

    -Jindal Stainless Ltd has delisted with effect from March 31, 2007 from Delhi Stock Exchanges Ltd (DSE) in terms of SEBI (Delisting of Securities) Guidelines, 2003 for voluntary delisting.

    2008

    - Jindal Stainless Ltd has informed that the Board of Directors of the Company at its meeting held on January 21, 2008, inter alia, has appointed Sh. Arvind Parakh as Additional Director w.e.f. January 21, 2008.

    -Jindal Stainless Ltd has informed that the Company has received the certificate dated September 23, 2008, issued by the Registrar of Companies, NCT of Delhi & Haryana, New Delhi consequent upon change of name of the Company from "Jindal Stainless Ltd" to "JSL Ltd"

    -Company name has been changed from Jindal Stainless Ltd to JSL Ltd.

    2010

    - The Government of Orissa has inked a Memorandum of Understanding (MoU) with JSL Ltd. for setting up a 1.6 mn tonne integrated Stainless Steel Park at Kalinganagar (Orissa).

    - JSL Ltd has informed that the Board of Directors of the Company has appointed Mr. Jurgen Hermann Fechter and Mr. James Alistair Kirkland Cochrane as Additional Directors w.e.f. March 09, 2010

    - JSL Ltd has appointed Mr. Rajeev Bakshi as Additional Director w.e.f. July 01, 2010 by passing the resolution through circulation. 

    -Company has changed its name from  JSL Ltd. to JSL Stainless Ltd.                                                         
                                                                  
2011
    - JSL Stainless signs power purchase agreement with GRIDCO.

    - The name of the Company have been changed from "JSL Stainless Limited" to "Jindal Stainless Limited" with effect from December 07, 2011.

    - Jindal Stainless, Jajpur receives coveted Odisha State Govt.'s POLLUTION CONTROL AWARD.

    2012

    - The Rework Package of the Company under the Corporate Debt Restructuring (CDR) Mechanism has been approved by the CDR Empowered Group on August 24, 2012 and the same has been communicated to the Company by CDR Ceil vide its letter dated September 18, 2012.

    - The Company has allotted 3,64,972 equity shares of Rs. 2/- each to "The Royal Bank of Scotland NV London Branch".

    2013 - Jindal Stainless has signed a Memorandum of Understanding (MOU) with POSCO. - Jindal Stainless Ltd. own National Energy Conservation Award for the year 2013 for its efforts to continuously optimise the consumption of energy for its operation in the Steel Re-rolling Sector.

    2014 - The Company has appointed Mr. Rajinder Parkash Jindal as Executive Director of the compnay.

    2015 -Jindal Stainless gains over 15% on anti-dumping report -Jindal Stainless Ltd. Composite Scheme of Arrangement among Jindal Stainless Ltd. and Jindal Stainless (Hisar) Ltd

    2016 -Jindal Stainless gets IDCO nod for land transfer.

    2017

    -Odisha approves downstream parks by JSL, Welspun.

    -JSL would set up a downstream stainless steel park at Kalinganagar in Jajpur district.

    -The company would invest Rs 704 crore to develop the park that is expected to house 71 small and medium units in sectors like auto manufacturing, kitchenware, light engineering, pipes and tubes.

    2019

    -JSL collaborates with government undertaking BCL to pave way for revamping structural infrastructure.

    -Jindal Stainless sets up unit to make components for ICF.

    -Jindal Stainless sets up first dedicated facility for Railways in Chennai.

    -JSL gets govt nod for setting up private industrial estate in Jajpur district.

    -Jindal Stainless partners Braithwaite to develop stainless steel infra for railways.

    2020

    -Jindal Stainless Limited advances digitisation level for AOD converter.

    -Jindal Stainless Ltd ties up with Maersk for logistics upgrade.

    -Jindal Stainless Limited launches Phase 2 of pipe & tube co-branding initiative.

    -Mega stainless steel entity to take shape with merger of Jindal Stainless (Hisar) Limited.

    2021

    -Jindal Stainless Limited (JSL) signed a MoU on July 16, 2021 to jointly unearth the Chrome Ore locked up in the boundary between their mines located in Sukinda of Jajpur district, Odisha.

    -Jindal Stainless receives bourses nod for amalgamation.

    -Jindal Stainless inks MoU with Tata Steel Mining for mining of common boundary in Sukinda.

    -Jindal Stainless (Hisar) commissions 26,000 TPA capacity precision strip mill.

    2022

    -Jindal Stainless partners with EY to improve its ESG performance.

    - JSL to provide stainless steel cable trays for an Indian railway project in J&K.

    - Jindal Stainless (Hisar) receives ratings upgrade from CARE.

    2023

    -Jindal Stainless and CII sign MoU to work together on National Mission on corrosion management.

    -Jindal Stainless invests over 120 crores to install rooftop solar plants at jaipur and hisar unit.

    -Jindal Stainless acquires 49% stake in Indonesia-based nickel pig iron company.

    -Jindal Stainless sponsors Govt's year-long Nashamukta campaign in Odisha in association with Brahma kumaris.

    -Jindal Stainless receives prestigious Expand Global Markets Award from US-based Dana Incorporated.

    2024

    -Jindal Stainless signs MoU with MSME Technology Centre, Visakhapatnam .

    -Jindal Stainless partners with JBM Auto to roll out over 500 energy-efficient electric buses.

    -Jindal Stainless wins ICC's prestigious Corporate Governance and Sustainability Award.

    -IIT Kharagpur partners with Jindal Stainless to execute R&D projects.

    -Jindal Stainless bags prestigious five-star rating from British Safety Council for occupational health and safety

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