# JSW Steel to merge JISPL and Creixent Special Steels with itself

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.

- Type: Acquisition
- Announced: 2022-05-27
- Where: India
- Status: announced
- Products: special steel products
- Sectors: [Steel and Metal Products](https://endata.com/sectors/steel-metal-products.md)

## Companies

- [JSW Steel](https://endata.com/companies/22727.md) (acquirer)
- [JSW Ispat Special Products](https://endata.com/companies/63117.md) (target)
- [Creixent Special Steels](https://endata.com/companies/63118.md) (target)

## Sources

- [thehindubusinessline.com](https://www.thehindubusinessline.com/companies/jsw-steel-to-merge-jispl-with-itself/article65467107.ece), 2022-05-27: "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."

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