JINDAL VIJAYANAGAR STEEL LIMITED

    Jindal Vijayanagar Steel Limited is a Non-govt company, incorporated on 15 Mar, 1994. It's a public unlisted company and is classified as'company limited by shares'.

    Company's authorized capital stands at Rs 300000.01 lakhs and has 54.370667% paid-up capital which is Rs 163112.0 lakhs.

    Jindal Vijayanagar Steel Limited is in the business from last 30 years and currently, company operations are active.

    Company is registered in Bangalore (Karnataka) Registrar Office. Jindal Vijayanagar Steel Limited registered address is MUMBAI MUMBAI MH 400001 IN.

    Jindal Vijayanagar Steel Limited Details

    CINU99999KA1994PLC015365
    Date of Incorporation15 Mar, 1994
    StatusActive
    Company CategoryCompany limited by Shares
    Company Sub-categoryNon-govt company
    Company ClassPublic
    Authorized Capital300000.01 lakhs
    Paid-up Capital163112.0 lakhs
    Paid-up Capital %54.370667
    Registrar Office CityBangalore
    Registered StateKarnataka
    Registration Number15365
    Registration Date15 Mar, 1994
    Listing StatusUnlisted

    Jindal Vijayanagar Steel Limited News

    • India has decided to consult steel companies before imposing restrictions on imports of low ash metallurgical coke, essential for steelmaking. The move has faced opposition from major steel producers, who claim this could hinder capacity expansion. Authorities are also considering alternative measures such as setting a minimum import price.

      Former steel secretary Nagendra Nath Sinha has raised concerns about the Indian steel market being impacted by unfair imports and dumping, exacerbated by a demand slump in China. He emphasised the need for the government to take immediate action to address these issues to protect the profitability of domestic steel makers. An anti-dumping probe has been initiated into the import of hot-rolled steel products from Vietnam following complaints from the Indian Steel Association.

      The iron ore market saw unprecedented growth due to China's economic surge over the last 25 years. However, with demand peaking and new low-cost mines coming online, prices have dropped, creating a surplus.

      India currently consumes around 3.2 million tonne of coated steel each year, he told ET, adding that the demand for this product from the value-added segment is growing at a faster pace than that of steel.

      Union Minister H D Kumaraswamy challenged the Karnataka state government to take their legal battle to the Supreme Court instead of involving Governor Thaawarchand Gehlot. The issue stems from a 2007 mining case, where the Lokayukta had sought the governor's permission to prosecute, but Kumaraswamy pointed out that the Supreme Court had barred other courts from passing any orders until a final decision is made. He criticized the state government, suggesting their actions were merely intended to intimidate him and divert attention.

    * Ministry of Corporate Affairs, 2019, Company/LLP Data, (Government of India administrative body to govern and regulate corporate affairs through the Companies Act 1956 & 2013 including other allied Acts, Bills and Rules) http://www.mca.gov.in/, Updated as on 04 Dec, 2018.

    Please Note: Data on this page may not be updated vis-à-vis company’s current credentials.

    The Economic Times

    Loading
    Please wait...