Jayaswal Neco Industries Ltd
Jayaswal Neco to Invest ā¹200 Cr in Pellet Plant Expansion & Steel Plant Upgrades šš
- Raised ā¹200 crore through issuance of 2,24,39,134 warrants at ā¹89.13 each
- Funds allocated: ā¹100 crore for new 1.50 MT pellet plant, ā¹100 crore for upgrading existing steel plant in Siltara, Raipur
- Project timeline: 18 months
- FY2026 revenue: ā¹7,13,182 lakhs
- FY2026 profit before tax: ā¹60,345 lakhs
- EPS (basic) for FY2026: ā¹4.77
- Redeemed earlier debentures and issued new ones totaling ā¹18,000 lakhs
- Improved liquidity from working capital facilities