Jindal Urban Infrastructure Services Limited agreed to acquire Quality Iron And Steel Limited from Jindal Saw Limited for INR0.006 million.

Jindal Urban Infrastructure Services Limited agreed to acquire Quality Iron And Steel Limited from Jindal Saw Limited (BSE:500378) for INR 0.01 million on March 28, 2024. The consideration consists of INR 0.006 million in cash. As part of the consideration, INR 0.006 million was paid towards common equity.

The transaction is expected to close on March 31, 2024.