The promoter companies of Jindal Steel and Power Limited has repaid Loans of around Rs 391 crores (as against Rs 747 cr as on December 31, 2019) and with this repayment, the current debt at promoter level under Loan against shares stands at only Rs 356 crores.
The release of JSPL shares is in process. This is the lowest debt at the promoter level for the last 5 years. The promoters are committed to further reduce and extinguish this balance debt.
