JSPL puts off sale of power subsidiary to promoter group on investor concerns By IANS | 0 Views Jindal Steel & Power Ltd (JSPL).. Image Source: IANS News New Delhi, May 24 : Naveen Jindals Jindal Steel and Power Limited (JSPL) has put off the sale of its power subsidiary to a promoter group company following concerns expressed by the investors. "However, a few investors have requested the company to examine and simplify certain terms around the proposed sale, before requiring them to consider the resolutions in relation to the proposed sale. In view of the above and given the unprecedented situation of Covid-19, the company would require additional time to engage with the concerned parties for evaluating the same," JSPL said in a regulatory filing last week.