Slowdown has JSW pushing IPO plans for cement unit by a year | Sharefundss

Slowdown has JSW pushing IPO plans for cement unit by a year

JSW Cement had initially planned to hit the market with an initial public offer on reaching the 20 mt annual capacity by 2020, which it now says will take a year to achieve due to the falling demand. “Due to the ongoing slowdown, we had to revise our capacity target by 12 months to 2021.

 
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