Jindal Steel Declared Preferred Bidder for Thakurani-A1 Iron Ore Block in Odisha

Jindal Steel today announced a significant milestone in its strategic growth journey. The company was declared the preferred bidder by the Government of Odisha for the Thakurani-A1 Iron Ore Block, with an area of 202 Ha in Keonjhar, Odisha, after the conclusion of the online auction, committing to pay a 101.20 per cent Premium to the Government. The Thakurani-A1 Iron Ore Block was part of a recent auction round for 12 virgin mineral blocks notified by the Odisha Directorate of Mines and Geology in December 2025. The virgin block is G3-level explored with around 50 million tonnes of iron ore resources as per the Government document.

Shares of Jindal Steel Limited was last trading in BSE at Rs. 1186.90 as compared to the previous close of Rs. 1187.00. The total number of shares traded during the day was 8056 in over 712 trades.

The stock hit an intraday high of Rs. 1204.65 and intraday low of 1184.00. The net turnover during the day was Rs. 9628504.00.

Source : Equity Bulls

Keywords

JindalSteel INE749A01030 PreferredBidder ThakuraniA1 IronoreBlock Odisha