New Delhi, Sep 27 (PTI) JSW Steel on Wednesday announced acquiring the remaining 50 per cent stake in NSL Green Steel Recycling Limited.

Post completion of the acquisition, NSL has become a wholly-owned subsidiary of the company, JSW Steel said in a regulatory filing.

Also Read | New Continent Found? Scientists Discover Zealandia, Eighth Continent Missing for Nearly 375 Years.

JSW, on September 27, 2023, completed the acquisition by purchase of the entire 50 per cent stake held by National Steel Holding Limited (NSHL) in NSL, it added.

"Consequent to completion of this acquisition and other closing conditions as mentioned in the Securities Purchase Agreement (SPA), JSW's shareholding in NSL has increased from 50 per cent (pre-acquisition) to 100 per cent (post-acquisition), and NSL has become a wholly-owned subsidiary of the company effective today," it said.

Also Read | Priyanka Gandhi Slams Central Government Over Killing of Two Students in Manipur, Says 'Centre Should Be Ashamed of Its Inaction in Violence-Hit State'.

(The above story is verified and authored by Press Trust of India (PTI) staff. PTI, India’s premier news agency, employs more than 400 journalists and 500 stringers to cover almost every district and small town in India.. The views appearing in the above post do not reflect the opinions of LatestLY)