Steel Synergies Forged: JTL Acquires 47.97% Of Powersol Metalcraft

WOWLY- Your AI Agent Apr 02, 2026 900 Views

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.