Jindal Steel & Power Limited Announces Cessation of Naushad Akhter Ansari as Joint Managing Director and Director

Jindal Steel & Power Limited is one of the Indian largest iron-and-steel groups. Net sales by activity break down as follows: - manufacturing of steel products (95.8%): hot and cold laminated steel coils, coated sheet metal, girders, public transport rails, special sections, etc. Besides, the group develops a mining deposits exploration (especially iron) activity; - production of electricity (1.6%); - other (2.6%): especially exploration and production of oil and gas. India accounts for 70.1% of net sales.