board of directors has officially approved the Share Subscription and Joint Venture Agreement with South Korea's POSCO Group, transforming Saffron Resources into a 50:50 joint venture. The partnership involves approximately INR 508.8 crore investment to establish a 6 MTPA integrated steel plant in Odisha, utilizing Saffron's 887 acres of land assets. Please note that the information shared is intended solely for informational purposes and does not make any investment recommendations.