| | JUNE 20269JSW Steel reported a 15 per-cent year-on-year increase in crude steel production to 2.29 million tonnes in May, driven by full operations at its Dolvi facility and capacity ramp-up at JVML. Production from its Indian operations rose to 2.19 million tonnes from 1.91 million tonnes a year earlier, while output at its Ohio-based US facility increased 20 percent to 950,000 tonnes.The company attributed the growth to the restoration of production at Dolvi, where a blast furnace underwent scheduled maintenance in May 2025, and performance at JVML. Meanwhile, Blast Furnace-3 at its Vijayanagar plant remains offline for capacity ZEPTO FILES UPDATED IPO PAPERS, PLANS RS.8,010 CRORE FRESH ISSUEJSW STEEL CRUDE STEEL PRODUCTION RISES 15 PERCENT TO 22.93 LTKumar Mangalam Birla Chairman,Aditya Birla Group Growth is never by mere chance; it is the result of forces working together--vision, commitment, innovation, and execution. When these elements align, extraordinary outcomes become possibleZepto has filed updated draft papers with the Securities and Exchange Board of India (SEBI) to raise Rs 8,010 crore through a fresh issue of shares as part of its proposed initial pub-lic offering (IPO). The offering includes an offer for sale (OFS) of 11.35 crore equity shares by exist-ing shareholders, according to the updated draft red herring prospec-tus (UDRHP).Reports suggest the total issue size could reach approximately Rs 11,000 crore, with the company targeting a market debut in July. If listed successfully, Zepto will join Eternal and Swiggy on the stock exchanges, competing directly with Blinkit and Instamart. The IPO reflects growing interest in flexible listing structures as Zepto expands its grocery delivery network across major Indian cities. As part of the transaction, AESL has entered into a Securi-ties Purchase and Subscription Agreement (SPSA) to acquire 100 percent equity ownership in IntelliSmart, a smart me-tering joint venture backed by the National Investment and Infrastructure Fund (NIIF) and Energy Efficiency Services Ltd (EESL). The deal also includes the redemption of optionally convertible debentures held by NIIF, subject to regulatory approvals. expansion and is expected to restart in the second half of June 2026. Excluding the furnace, capacity utilization stood at 98 percent.
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