JTL Industries acquires 67% stake in Nabha Steels and Metals

JTL Industries has acquired a 67% stake in Nabha Steels and Metals for an undisclosed amount. The acquired plant in Mandi Gobindgarh, Punjab, has an annual production capacity of 200,000 tonnes of steel products.

“Nabha Steels and Metals has showcased tremendous revenue growth, increasing from Rs 113 crore in FY23 to Rs 225 crore in FY24.”ndtvprofit.com

• 1 source
• ndtvprofit.comJTL Industries Acquires 67% Stake In Nabha Steels And MetalsPTIApr 9, 2024

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