JSW Steel has successfully completed the acquisition of 100% equity interest in Saffron Resources Private Limited, effective December 3, 2025. Saffron Resources now becomes a wholly-owned subsidiary of JSW Steel, following the terms outlined in the Share Purchase Agreement. This acquisition aims to bolster JSW Steel’s long-term resource security and strategic growth.
Acquisition Completed
JSW Steel announced the completion of the acquisition of 100% equity interest in Saffron Resources Private Limited on December 3, 2025. The acquisition was made in accordance with the previously disclosed Share Purchase Agreement.
Saffron Resources Status
Following the completion of the acquisition, Saffron Resources Private Limited now stands as a wholly-owned subsidiary of JSW Steel. This strategic move is expected to enhance JSW Steel’s portfolio and operational capabilities.
Source: BSE
