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JSW Steel proposed to merge its subsidiaries JSW Ispat Special Products (JISPL) and Creixent Special Steels with itself. The merger is expected to be completed in 12 months, subject to approvals.
“Sajjan Jindal-led JSW Steel has proposed to merge its subsidiaries JSW Ispat Special Products (formerly Monnet Ispat & Energy) and the holding company Creixent Special Steels with itself.”thehindubusinessline.com
Summarized from public sources; check the original articles before acting on it.