孟买的国家公司法法庭已批准皮翁比诺钢铁有限公司与JSW钢铁合并，为两家实体的整合铺平了道路。
The National Company Law Tribunal , Mumbai Bench, has approved the amalgamation of Piombino Steel Limited with JSW Steel, paving the way for the consolidation of the two entities.
在10月17日星期六的一份监管文件中，JSW钢铁表示法庭于10月16日宣读了其裁决。一旦两家公司向孟买公司注册处提交经认证的裁决，该计划即告生效。此次合并的指定日期为2026年1月1日。
In a regulatory filing on Saturday, October 17, JSW Steel said the tribunal pronounced its order on October 16. The scheme will become effective once the companies file the certified order with the Registrar of Companies, Mumbai. The appointed date for the merger is January 1, 2026.
此次合并旨在顺应JSW钢铁的长期战略利益，使其能够直接持有对布山电力钢铁有限公司的投资。根据该计划，这将有助于促进与布山电力钢铁业务相关的交易和投资，而无需少数股东参与。
The merger is aimed at aligning JSW Steel’s long-term strategic interests by enabling it to directly hold its investment in Bhushan Power and Steel Limited . According to the scheme, this would facilitate transactions and investments related to BPSL’s business without the involvement of minority shareholders.
此次整合还有望为JSW钢铁提供额外现金以资助其增长计划、减少实体数量和监管合规要求，并降低行政和管理成本。预计它还将简化财务整合，并消除记录保存和管理职能中的重复。
The consolidation is also expected to provide JSW Steel with additional cash to fund its growth plans, reduce the number of entities and regulatory compliances, and lower administrative and overhead costs. It is expected to simplify financial consolidation and eliminate duplication in record-keeping and management functions.
根据换股安排，皮翁比诺钢铁的股东每持有156股面值为每股10卢比的皮翁比诺钢铁全额缴足股权股，将获得10股面值为每股1卢比的JSW钢铁全额缴足股权股。
Under the share-swap arrangement, shareholders of Piombino Steel will receive 10 fully paid-up equity shares of JSW Steel, with a face value of ₹1 each, for every 156 fully paid-up equity shares of Piombino Steel, with a face value of ₹10 each.
NCLT裁决指示两家公司在收到裁决后30天内向公司注册处提交裁决及计划的认证副本。合并后，皮翁比诺钢铁将解散，无需进行清算。
The NCLT order directs the companies to file a certified copy of the order and the scheme with the Registrar of Companies within 30 days of receiving the order. Piombino Steel will be dissolved without winding up following the amalgamation.
根据法庭裁决，该计划获得了JSW钢铁股东投票中94.86%的有效投票以及公众股东投票中97.20%的有效投票的批准。西部地区区域主任对该计划未提出异议。
JSW钢铁从事印度及全球市场的钢铁及相关产品的生产和销售，而皮翁比诺钢铁则从事钢铁及相关产品、铁矿石、煤炭、焦炭、矿物和金属废料的贸易与经营。
The scheme was approved by 94.86% of the valid votes cast by JSW Steel shareholders and 97.20% of the valid votes cast by public shareholders, according to the tribunal order. The Regional Director, Western Region, had raised no objections to the scheme.JSW Steel is engaged in the production and sale of steel and allied products in India and global markets, while Piombino Steel operates in the trading and dealing of steel and allied products, iron ore, coal, coke, minerals and metal scrap.
在公告发布前的周五，JSW钢铁股价收盘上涨1.3%，报1,216.30卢比。今年迄今，该股票已上涨约4%。
Shares of JSW Steel closed 1.3% higher ₹1,216.30 on Friday ahead of the announcement. The stock has advanced about 4% so far this year.