Jindal Saw Ltd. has signed a share purchase agreement to sell its entire stake in Green Ray Holdings Limited (UK) and its subsidiary Derwent Sand SARL (Algeria) for USD 10,000, with a completion expected by September 25, 2025; the transaction does not involve related parties and GHL had a negative net worth of GBP 558,999 as of March 31, 2024, but became positive at GBP 4,710 by August 31, 2024.