JSW Steel amalgamation scheme hearing set for June 19
JSW Steel Limited has scheduled a hearing for its scheme of amalgamation with Amba River Coke Limited, Monnet Cement Limited, and JSW Retail and Distribution Limited before the NCLT Mumbai Bench on June 19, 2026. The hearing was fixed following an order dated May 13, 2026, under Sections 230 to 232 of the Companies Act, 2013. The company published newspaper advertisements on May 25, 2026, to inform stakeholders, who must submit any notices of intention to support or oppose the petition to the company's advocate at least two days prior to the hearing.

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JSW Steel Limited has scheduled a hearing for its scheme of amalgamation with three transferor companies—Amba River Coke Limited, Monnet Cement Limited, and JSW Retail and Distribution Limited—before the National Company Law Tribunal (NCLT), Mumbai Bench, on June 19, 2026. The tribunal fixed the hearing date vide an order dated May 13, 2026, following the presentation of the petition by the companies under Sections 230 to 232 of the Companies Act, 2013. The company disclosed this development to the stock exchanges under Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, read with Schedule III Part A Para A.
The scheme involves the merger of Amba River Coke Limited, Monnet Cement Limited, and JSW Retail and Distribution Limited with JSW Steel Limited and their respective shareholders. Pursuant to the NCLT's directions, JSW Steel Limited published newspaper advertisements in 'Business Standard' (English) and 'Navshakti' (Marathi) on May 25, 2026, informing the public and stakeholders that the scheme petition is fixed for hearing on June 19, 2026. The disclosure is also available on the company's website.
Details of the Scheme
The amalgamation scheme encompasses three distinct entities merging into JSW Steel Limited. The transferor companies and their respective Corporate Identification Numbers (CIN) are listed below:
| Company Name | Role | CIN |
|---|---|---|
| Amba River Coke Limited | Transferor Company 1 | U23100MH1997PLC110901 |
| Monnet Cement Limited | Transferor Company 2 | U26941MH2007PLC453774 |
| JSW Retail and Distribution Limited | Transferor Company 3 | U51909MH2021PLC356994 |
| JSW Steel Limited | Transferee Company | L27102MH1994PLC152925 |
Stakeholder Notice
Any person desirous of supporting or opposing the petition must send a notice of intention to the advocate for the petitioner companies. This notice, signed by the individual or their advocate, must include the name and address and reach the advocate not later than two days before the hearing date. Those opposing the petition must furnish grounds of opposition or a copy of their affidavit along with the notice.
Historical Stock Returns for JSW Steel
| 1 Day | 5 Days | 1 Month | 6 Months | 1 Year | 5 Years |
|---|---|---|---|---|---|
| +1.21% | +1.88% | +4.27% | +13.42% | +26.83% | +91.92% |
What are the expected synergies and cost savings for JSW Steel following the amalgamation with these three entities?
How will the merger impact JSW Steel's vertical integration, particularly regarding coke supply and retail distribution?
What potential challenges or objections might arise from stakeholders during the NCLT hearing?


































