About the Company
Jindal South West Holdings Limited (JSWHL) was incorporated on July 12, 2001. It is a Non Banking Financial Company (NBFC) registered with Reserve Bank of India (RBI). JSWHL is an Investment Company of the JSW Promoters Group with investments in the Jindal group of companies, mainly in listed entities like Jindal Vijayanagar Steel, Jindal Steel & Power, Jindal Stainless, Nalwa Sons Investments and other companies.
JSW Group is one of the fastest growing business conglomerates with a strong presence in the core economic sector. This Sajjan Jindal led enterprise has grown from a steel rolling mill in 1982 to a multi business conglomerate worth $ 3.7 billion within a short span of time.
As part of the strategic restructuring of the Jindal group, JSWHL entered into a scheme of arrangement and amalgamation with Jindal Iron & Steel Co. (JISCO) and Jindal Vijayanagar Steel (JVSL), where the investments, related loans and advances of JISCO were demerged into the company.
The Scheme of Arrangement and Amalgamation between JISCO, JSWHL, JVSL and their respective members and creditors envisaged .Demerger of the Investment Division (Investments and Related Loans and Advances) of JISCO into the Company. Re-organization of the capital structure of JVSL including issue of warrants of JVSL to all its existing shareholders.
The Equity Shares of Jindal South West Holdings Limited are listed on The Stock Exchange, Mumbai (BSE), National Stock Exchange of India Limited (NSE) and The Delhi Stock Exchange Association Limited (DSE).
The main business activities as mentioned in the Memorandum of Association of the company is of Investment in shares, stocks, or other securities in India or abroad and to provide management consultancy services. It also provides management consultancy services for the customers in the field of finance, organization, management, commencement or expansion, cost control, marketing, publicity, technical know how planning, development, research and design.
The company is an investment company of the JSW Promoters Group. JSWHL holds significant investments in equity shares of JSW Steel Limited, as well as other investments in other O P Jindal Group of Companies.
Jindal South West Holding Ltd. (JSWHL) entered into a Memorandum of Understanding with the Government of Andhra Pradesh (GoAP) on 1st July 2005, for setting up 1.4 mtpa Alumina Refinery and 0.25 mtpa Aluminium Smelter by JSW Group, in the State of
JSW Energy, a group company of Jindal South West Holdings, has announced its plans to invest more than $991 million during the current fiscal year, 2009-10, to commission power projects with a combined generation capacity of 1,200 megawatts (MW). The three projects to be commissioned are a 300-MW unit of the Barmer project in Rajasthan, a 300-MW unit of the Ratnagiri project in
|Parent Organization||JSW Holdings Ltd.||Managing Director|