Jindal Stainless Limited has informed the Exchange regarding a press release dated April 18, 2026, titled "Jindal Stainless launches Jindal Infinity stainless steel rebars in Punjab, takes product to retail".
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Jindal Stainless has launched its 'Jindal Infinity' stainless steel rebars for retail consumers in Punjab, starting with Amritsar. The product offers superior corrosion resistance, durability, and lifecycle value compared to conventional rebars. The company has partnered with approximately 20 retail/distribution outlets in Punjab for the initial rollout, with plans to expand to Ludhiana, Chandigarh, Haryana, and Andhra Pradesh within 6-12 months, followed by pan-India coverage. The rebars are manufactured at the Hisar plant in Haryana and processed at the Ghaziabad facility, serving infrastructure, railways, bridges, highways, and real estate sectors. This marks Jindal Stainless' strategic entry into the retail segment to reach end consumers directly.
This launch extends Jindal Stainless into retail distribution, potentially expanding its customer base beyond institutional buyers. While no revenue impact is quantified, the expansion into retail could contribute to volume growth and reduce dependence on large project orders over time.