JSW Steel
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Scheme of amalgamation between JVSL and JSW. How many shares of JSW were issued for 1 Jindal Vijayanagar Steel Ltd
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- A viral post claims Jindal shares bought for ₹1 lakh are now worth ₹80 crore. But is it true?
- A viral post claims Jindal shares bought for ₹1 lakh are now worth ₹80 crore. But is it true?
- A viral post claims Jindal shares bought for ₹1 lakh are now worth ₹80 crore. But is it true?
- JSW Steel Split: How Many Shares Do I Have Now? - Rediff Gurus
- JSW Steel Split: How Many Shares Do I Have Now? - Rediff Gurus
- JSW Steel Split: How Many Shares Do I Have Now? - Rediff Gurus
- 1:16 swap for Jisco, JVSL merger
- 1:16 swap for Jisco, JVSL merger
- 5000 shares of Jindal Vijayanagar Steel Ltd is now only 2180 shares of JSW Steel (₹21.8 lakh)
- 1:16 swap for Jisco, JVSL merger
- Hi Samraat, it seems the information of 1 share of Jindal Vijaynagar Steel ltd being converted to 16 shares of JSW (by 1:16 conversion ratio) is not correct. Infact 100 Shares of JVSL were converted to 4 shares of JSW. - Rediff Gurus
- Jindal Vijaynagar peaks on payout bungle
- Hi Samraat, it seems the information of 1 share of Jindal Vijaynagar Steel ltd being converted to 16 shares of JSW (by 1:16 conversion ratio) is not correct. Infact 100 Shares of JVSL were converted to 4 shares of JSW. - Rediff Gurus
- JSW Steel to merge JSW Ispat
- Hi Samraat, it seems the information of 1 share of Jindal Vijaynagar Steel ltd being converted to 16 shares of JSW (by 1:16 conversion ratio) is not correct. Infact 100 Shares of JVSL were converted to 4 shares of JSW. - Rediff Gurus
- A viral post claims Jindal shares bought for ₹1 lakh are now worth ₹80 crore. But is it true?
- A viral post claims Jindal shares bought for ₹1 lakh are now worth ₹80 crore. But is it true?
- Hi Samraat, it seems the information of 1 share of Jindal Vijaynagar Steel ltd being converted to 16 shares of JSW (by 1:16 conversion ratio) is not correct. Infact 100 Shares of JVSL were converted to 4 shares of JSW. - Rediff Gurus
- A viral post claims Jindal shares bought for ₹1 lakh are now worth ₹80 crore. But is it true?
- A viral post claims Jindal shares bought for ₹1 lakh are now worth ₹80 crore. But is it true?
- A viral post claims Jindal shares bought for ₹1 lakh are now worth ₹80 crore. But is it true?
- JSW Steel Split: How Many Shares Do I Have Now? - Rediff Gurus
- JSW Steel Split: How Many Shares Do I Have Now? - Rediff Gurus
- X User Holding 100 Physical JVSL Shares From 1995 Asks Value, Netizens Estimate Whopping Amount | Markets News – Tezgyan
- What was the merger ratio of JVSL with JSW Steel? - Answers
- Hi Samraat, it seems the information of 1 share of Jindal Vijaynagar Steel ltd being converted to 16 shares of JSW (by 1:16 conversion ratio) is not correct. Infact 100 Shares of JVSL were converted to 4 shares of JSW. - Rediff Gurus
- Notice Number
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In the scheme of amalgamation effective in 2005 between Jindal Vijayanagar Steel Ltd (JVSL) and JSW Steel Ltd, shareholders of JVSL received 4.375 equity shares of JSW Steel Ltd (face value ₹10 each) for every 100 equity shares of JVSL (face value ₹10 each).
Key Details:
- Ratio per JVSL share: 4.375 / 100 = 0.04375 JSW Steel shares issued for 1 JVSL share.
- This is from a BSE notice on reorganization of capital for "Nagar Steel (JVSL)" (linked to the JVSL-JSW Steel amalgamation).
- Fractional entitlements were typically handled via cash payments or scheme-specific rounding rules (as per registrar procedures).
- Note: Subsequent corporate actions (e.g., JSW Steel's 2017 10:1 stock split reducing face value from ₹10 to ₹1) multiplied effective holdings by 10 for current shareholders.
Common confusion: The 16:1 ratio (16 JVSL : 1 JSW) refers to an earlier 2003 merger between JISCO and JVSL, not JVSL-JSW Steel.
For precise entitlements on specific holdings (including all adjustments), contact JSW Steel's registrar KFin Technologies, as they hold the official ledger. No recent documents (announcements/annual reports) in the provided list cover this 2005 historical scheme.