# JSW Steel acquires 50% stake in NSL Green Steel Recycling

JSW Steel Ltd. executed a termination agreement and securities purchase agreement with National Steel Holding Ltd. to acquire their 50% stake in the joint venture company NSL Green Steel Recycling Ltd., making it a wholly owned subsidiary of JSW Steel.

- Type: Acquisition
- Announced: 2023-09-22
- Where: India
- Status: announced
- Products: steel recycling
- Sectors: [Steel and Metal Products](https://endata.com/sectors/steel-metal-products.md)

## Companies

- [JSW Steel](https://endata.com/companies/22727.md) (acquirer)
- [National Steel Holding](https://endata.com/companies/72794.md) (partner)
- [NSL Green Steel Recycling](https://endata.com/companies/72795.md) (target)

## Sources

- [stockinsights.ai](https://www.stockinsights.ai/in/JSWSTEEL/announcement/company-mergers-20230922-8e3), 2023-09-22: "JSW Steel Ltd. has executed a termination agreement and securities purchase agreement with National Steel Holding Ltd. to acquire their 50% stake in the joint venture company NSL Green Steel Recycling Ltd."

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