# 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.

- Type: Acquisition
- Announced: 2026-05-14
- Where: near Vijayanagar, Karnataka, India
- Value: $770.0M (64.0B INR)
- Status: announced
- Capacity: 1 MTPA
- Products: steel
- Sectors: [Steel and Metal Products](https://endata.com/sectors/steel-metal-products.md)

## Companies

- [JSW Steel](https://endata.com/companies/22727.md) (acquirer)
- [BMM Ispat Limited](https://endata.com/companies/86219.md) (target)

## Sources

- [scanx.trade](https://scanx.trade/stock-market-news/companies/jsw-steel-board-approves-scheme-of-amalgamation-with-bmm-ispat-limited/40307802), 2026-05-14: "The board has also approved the scheme of amalgamation of BMM Ispat with JSW Steel at an enterprise value of Rs 6,400 crore"
- [theweek.in](https://www.theweek.in/wire-updates/business/2026/05/14/jsw-steel-board-approves-raising-rs-14-000-cr-amalgamation-of-bmm-ispat.html), 2026-05-14: "The board has considered and approved the 'Scheme of Amalgamation ... of BMM Ispat Ltd ... with the company at an enterprise value of Rs 6,400 crore'"

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Data from Endata (https://endata.com/). Announcements are summarized from public sources and may be incomplete; check the linked originals.