JSW Steel announces incorporation of subsidiary - Acre Point Developers

Peddar Realty (PRL), a wholly-owned subsidiary of JSW Steel, has incorporated a wholly-owned subsidiary in the name and style of Acre Point Developers (APDPL) on 12 November 2026. Accordingly, APDPL has become a step-down wholly owned subsidiary of the Company with effect from that date.

The object of incorporating APDPL is to undertake strategic land acquisition and development activities, including development of building sites, infrastructure facilities, offices, residential premises, factories and other related activities to facilitate the future development opportunities of the Company.