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BSE SENSEX
80,895.27
+49.52
+0.06 %
Corporate Announcement
Security Code
500147
Company
John Cockerill India Ltd-$
Exchange Received Time
28/11/2024 15:24:32
Exchange Disseminated Time
28/11/2024 15:24:33
Time Taken
00:00:01
Announcement under Regulation 30 (LODR)-Memorandum of Understanding /Agreements |
11/28/2024 3:24:33 PM
In compliance with Regulation 3o of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, we wish to inform you that John Cockerill India Limited (Company) has entered into a Memorandum of Understanding (MoU) with Steel Authority of India Limited (SAIL) on November 28, 2024 to explore joint initiatives to promote advanced solutions for the steel industry in India. Under this MoU, the parties will explore various avenues to transform iron and steelmaking, while promoting the deployment of sustainable green steel solutions in the country. The key areas of focus will include exploring a joint venture in Cold Rolling and Processing for Carbon Steel, including Green Steel and Silicon Steel (CRGO, CRNO), analysing the integration of green hydrogen into iron and steelmaking processes, and incorporating John Cockerill''s innovative processing technologies into SAIL''s future projects. Please also find attached herewith the press release dated November 28, 2024.
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