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Jayaswal Neco Industries Ltd
NSE: JAYNECOIND BSE: 522285
₹88.68
(2.01%)
Thu, 18 Jun 2026, 11:50 pm
Market Cap (in Cr)8772.97
PE Ratio18.58
Dividend0
Non-Energy Minerals
Steel
24.5KCompany History
1972
- The company was originally incorporated as a Private Limited Company and obtained the Certificate of Incorporation.
1976
- The company commenced commercial operations for the manufacture of cast iron pipes and fittings.
1985
- The company was converted into a Public Limited Company.
1987
- The Company's second foundry unit was established at Bhilai in Madhya Pradesh.
1991
- The company's third unit was established at Anjora, Rajandgaon in Madhya Pradesh.
1992
- The Company received the Export Excellence Award from the Engineering Export Promotion Council.
1993
- A Sale Deed was executed by NAFPL in favour of NECO for the transfer of the Immovable Property.
- The Company commenced commercial production and started the expansion programme after the acquisition of NAFPL.
- The crushing capacity was increased to 300 TPD and the refining capacity was being increased to 100 TPD.
1997
- The Shareholders of the Company approved the Scheme of Amalgamation of Nagpur Alloy Castings Limited along with Jayaswals Neco Limited into the Company.
2003
- The Board and financial lenders approved the sale of immovable properties of the Food Products Division for Rs 68 million.
2008
- The Company name was changed from Jayaswals Neco Ltd to Jayaswal Neco Industries Ltd.
2009
- The Authorised Share Capital of Jayaswal Neco Industries was enhanced from Rs. 300 Crores to Rs. 316 Crores.
2010
- Jayaswal Neco Industries Limited achieved Debt tie-up of Rs.1800 Crores for its Integrated Steel Project in Chhattisgarh from ICICI Bank Limited, Mumbai.
2013
- The High Court of Bombay, Nagpur Bench, Nagpur approved the Scheme of Arrangement for merger of Steel Division of Corporate Ispat Alloys Limited with the Company.
- JNIL Automotive Casting Division bagged the 'BEST CAPACITY RAMP-UP' Award from M/s. OERLIKON - Noida for fastest development of CVT parts (Housings).
- JNIL Automotive Foundry Division bagged an award from TATA Motors Drivelines (TMDIL) for enabling Lean Supply Chain through elimination of rejections.
2021
- Jayaswal Neco Industries Ltd was awarded the Prestigious 'Pradhan Mantri Shram Shree Award'.
- Jayaswal Neco Industries Ltd provided felicitation of meritorious employees' children.
- Jayaswal NECO won the FICCI CSR Award 2020 for outstanding work done in support of migrant labourers during the COVID-19 lockdowns.