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BSE SENSEX
80,429.04
-73.04
-0.09 %
Corporate Announcement
Security Code
543994
Company
JSW Infrastructure Ltd
Exchange Received Time
19/07/2024 17:52:22
Exchange Disseminated Time
19/07/2024 17:52:24
Time Taken
00:00:02
Board Meeting Outcome for Outcome Of The Board Meeting Held On July 19, 2024 |
7/19/2024 5:52:24 PM
Pursuant to Regulation 30 of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015 ('Listing Regulations'), we hereby inform you that the Board of Directors at its meeting held today has, inter-alia, approved the (a) purchase/transfer of assets pertaining to 30 MTPA under construction slurry pipeline project for transportation of iron ore from Nuagaon mines to Jagatsinghpur in the State of Odisha by the Company from JSW Utkal Steel Limited, a wholly owned subsidiary of the JSW Steel Limited, a related party and (b) to enter into a long term take or pay agreement for transportation of iron ore slurry from Nuagaon mines to Jagatsinghpur by slurry pipeline mode for a period of 20 years by the Company with JSW Steel Limited. The transaction is subject to receipt of shareholders' approval, other regulatory approvals if any and signing of contractual agreements.
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