JSPL Statement - 29th April, 20 COMPANY STATEMENT JSPL RE‐ITERATES THAT IT WILL STAND VINDICATED

"In the context of the Special Court's order in respect of allocation of the Amarkonda Murgadangal coal block and the charges thereof; JSPL reiterates that it is confident that it will stand vindicated at the end of the ongoing judicial process.

We deny all allegations made against our company and its management. We have full faith in the Indian Judicial System and are confident to come out clean during the process.

The said allocation was made to the company purely on merits and all along the course of the investigation the company and its officials have fully co‐operated with the authorities, and whenever asked, explained and provided all the supporting documents. "

JSPL has created world class steel manufacturing and power generation infrastructure in the Indian states of Chattisgarh, Odisha and Jharkhand. The company has created over 50,000 jobs and anchors an employment eco‐system for 100,000 families. JSPL is proud of its achievements and will play a pivotal role in building the Nation of Our Dreams.

  • JSPL Spokesperson, New Delhi

29th April, 2016

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Jindal Steel & Power Limited issued this content on 29 April 2016 and is solely responsible for the information contained herein. Distributed by Public, unedited and unaltered, on 01 May 2016 17:13:01 UTC. Original document available at http://www.jindalsteelpower.com/img/newsroom/images/JSPL_Statement_29th_April_20.pdf