JSW Steel calls reports of interest in Liberty Steel assets 'misleading'

by IANS |

Mumbai, May 23 (IANS) Denying recent reports of it considering a bid to buy Liberty Steel's assets in the UK, JSW Steel has said that such reports are "misleading" and "mischievous".


In a regulatory filing, the company said: "It is hereby clarified that such reports stating about the Company's interest in bidding/buying Liberty Steel's assets are not only speculative but also misleading and mischievous."

It said that it will continue to make disclosures in compliance with the obligations under SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 and our agreements with the stock exchanges.

Recent media reports suggested that JSW Steel is considering a bid to buy Liberty Steel's assets in the UK.

Latest News
Opposition is disheartened after third phase: Yogi Adityanath Fri, May 10, 2024, 04:29 PM
Aggression without control can be detrimental': Courtney Walsh's pep talk to Kolhapur Tuskers' team Fri, May 10, 2024, 04:27 PM
Indian IT companies become more conservative in FY25 growth projections Fri, May 10, 2024, 04:26 PM
US, Egypt eye flexibility to reach Gaza deal Fri, May 10, 2024, 04:10 PM
Kerala BJP wants EC to take action against KPCC's fake video against PM Modi Fri, May 10, 2024, 04:05 PM
Man stabbed to death by robbers in Delhi, three held Fri, May 10, 2024, 03:46 PM
'I had the intuition something good would happen': Khaleel on India comeback Fri, May 10, 2024, 03:17 PM
First set right your house: Karnataka Dy CM tells ex-CM Kumaraswamy on sex video scandal Fri, May 10, 2024, 03:05 PM
UNRWA: 1,10,000 people have fled Rafah Fri, May 10, 2024, 03:03 PM
Philippines says Iranian forces free 1 of 4 Filipino hostages Fri, May 10, 2024, 03:02 PM
Man kidnaps & sexually assaults 8-year-old girl Fri, May 10, 2024, 02:54 PM
PM Modi's sharp retort to 'comparison with Aurangzeb' jibe, dares 'nakli sena' in their backyard Fri, May 10, 2024, 02:29 PM
'Will always protect reservation for SC, ST and OBC', assures PM Modi Fri, May 10, 2024, 02:25 PM
UN General Assembly to vote on granting Palestine increased status Fri, May 10, 2024, 02:19 PM
Delhi HC seeks ED's reply on BRS leader K. Kavitha's bail plea Fri, May 10, 2024, 02:17 PM