Jindal Saw Ltd. has issued a formal clarification regarding its recent announcement about establishing an additional LSAW pipe manufacturing facility in the Kingdom of Saudi Arabia (KSA). The company clarified that an incorrect date, 09.06.2026, was previously cited in relation to the project. The correct implementation timeline should be read as 09.06.2025. The project, being executed through the Jindal Saw & Buhur Altavision Co. joint venture, aims to capture rising regional demand.
Clarification on KSA Manufacturing Expansion
Jindal Saw Ltd. has formally corrected an inadvertent error contained in its previous announcement dated April 27, 2026. The update pertains to the company’s strategic move to set up an additional LSAW facility in the Kingdom of Saudi Arabia to address the growing demand for piping infrastructure.
Updated Project Timeline
The company has confirmed that the date 09.06.2026, which was mistakenly referenced in the initial communication, is inaccurate. The intended reference date for this strategic development is 09.06.2025. This facility continues to be developed in collaboration with their joint venture partner, Jindal Saw & Buhur Altavision Co., as part of their international growth strategy.
Source: BSE
