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JSW Steel board approves amalgamation of BMM Ispat · Endata

◂ Announcements

May 14, 2026ACQUISITIONnear Vijayanagar, Karnataka, India

JSW Steel board approves amalgamation of BMM Ispat

JSW Steel Limited's board approved the amalgamation of BMM Ispat Limited with JSW Steel at an enterprise value of Rs 6,400 crore. The scheme has an appointed date of April 1, 2026, and is subject to approvals.

Value

$770.0M (64.0B INR)

Status

Announced

Capacity

1 MTPA

Productssteel

CompaniesJSW Steel acquirer BMM Ispat Limited target

Sectors#Steel and Metal Products

“The board has also approved the scheme of amalgamation of BMM Ispat with JSW Steel at an enterprise value of Rs 6,400 crore”scanx.trade

2 sources
scanx.tradeJSW Steel Board Approves Scheme of Amalgamation with BMM Ispat LimitedDhanMay 14, 2026
theweek.inJSW Steel board approves raising Rs 14 000 cr amalgamation of BMM Ispat - The WeekPTIMay 14, 2026

Summarized from public sources; check the original articles before acting on it.

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