JSW Steel completed the transfer of BPSL's steel business undertaking via slump sale to JSW Sambalpur Steel Limited on March 27, 2026.
The slump sale is part of a Board-approved 50:50 JV between JSW Steel and JFE Steel Corporation, Japan, for BPSL's steel business.
The transaction was disclosed under Regulation 30 of SEBI (LODR) Regulations, 2015, filed with NSE and BSE.