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India's top court on Friday rejected JSW Steel's resolution plan to acquire Bhushan Power and Steel four years after the ...
India's top court has rejected JSW Steel's resolution plan to acquire Bhushan Power and Steel four years after the takeover, ...
JSW Steel had earlier indicated that it would determine its next steps after reviewing the court's order in consultation with ...
JSW shares slumped 5.02 per cent intraday to Rs 967.80 on the NSE following the verdict. The company had acquired a majority ...
Despite having successfully completed the acquisition and operated the company since 2021, JSW Steel now faces the prospect ...
The shares of JSW Steel Ltd declined more than 7% on Friday, as the Supreme Court named the resolution plan of Bhushan Power ...
The Supreme Court on Friday set aside the resolution plan submitted by JSW Steel Ltd for the Bhushan Steel and Power Ltd ...
Supreme Court rejects JSW Steel's Resolution Plan for Bhushan Steel, directs liquidation proceedings, faulting CoC's decision ...
Steel major JSW Steel has said it's "yet to understand" the grounds for the rejection of the resolution plan submitted in the ...
The decision puts an end to a years-long acquisition saga that began in 2021, when JSW Steel acquired a 49% stake in BPSL ...
The Supreme Court said the ₹19,700-crore resolution plan submitted by JSW Steel for Bhushan Power and Steel was illegal and ...
JSW Steel acquired a 49 per cent stake in BPSL through the Insolvency and Bankruptcy Code (IBC) route in 2021, beginning it ...