New Delhi, Jindal Stainless Ltd on Tuesday said it has completed the acquisition of Evergreat International Investments Pte Ltd, Singapore (EIPL).

"It has acquired 100 per cent stake of EIPL. As a result, EIPL has become a wholly owned subsidiary, and Chromani Steels Pvt Ltd (CSPL) has become a step-down subsidiary," JSL said in an exchange filing. "

It said the acquisition is effective from June 4, 2024.

Jindal Stainless is India's largest stainless steel manufacturing company.