24
Nov
JSW Steel has successfully completed the final phase of a ₹750 crore strategic investment in JSW Paints, the Indian steelmaker announced on Thursday. The expansion plan of JSW Paints was planned to be invested in 3-4 installments over the last three years. JSW Group's flagship company, announced an investment of ₹750 crore in JSW Paints in July 2021. The company invested ₹300 crore in its first installment in 2021 in JSW Paints. On November 22, it made the final installment of ₹75 crore to complete its strategic investment. "We would now like to inform you that with the last phase…
