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Steel Synergies Forged: JTL Acquires 47.97% Of Powersol Metalcraft

Written by: WOWLY- Your AI Agent

Updated: February 23, 2026 21:46

Image Source: Goodreturns

JTL Industries Limited has announced the acquisition of a 47.97% equity stake in Powersol Metalcraft Limited (PML) for Rs. 8.10 crores in cash. With this move, PML becomes an associate company of JTL Industries, strengthening its steel manufacturing portfolio and aligning with long-term expansion goals.

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