Jindal Steel & Power To Rebrand As Jindal Steel

Jindal Steel & Power Ltd. will change its name to Jindal Steel Ltd. to better reflect its core business and strategic priorities, the company informed exchanges late Monday.

The company said its memorandum of association will be amended accordingly to align with the revised brand identity and business focus.

Separately, the board has approved changes to its employee stock option scheme, originally adopted in 2022. While details of the amendments weren't disclosed, the proposed changes will be placed before shareholders for approval.