Tata Steel Output Rose After Bhushan Steel Purchase
Tata Steel Ltd. becomes the country’s biggest producer as Indian steel output rose to a record high in its latest financial year after the 2018...
Tag : Bhushan Steel
NCLT gives approval to Tata Steel’s bid for Bhushan Steel
The National Company Law Tribunal (NCLT) has given approval to Tata Steel’s bid for Bhushan Steel. The tribunal has rejected a plea filed by the employees...
Tata Steel declared as successful applicant to acquire Bhushan Steel
Tata Steel has been announced as the successful resolution applicant by the Committee of Creditors (CoC), of Bhushan Steel Limited‘s (BSL) stressed asset which was put for...
Tata Steel announced as the highest bidder to acquire Bhushan Steel
Tata Steel has emerged as the highest bidder to acquire Bhushan Steel, with a bid of Rs.35,000 crore, while JSW Steel was the second highest...
Bids for Bhushan Steel to open today
Bids for Bhushan Steel to open today. The bids, which were submitted on February 3, will be opened in Deloitte’s Gurgaon office. VijayKumar V Iyer is the...
Nittin Johari, Bhushan Steel’s director steps down
Nittin Johari, Bhushan Steel, Chief Financial Officer has resigned as a whole time director (finance). In a filing to BSE Bhushan Steel stated, “This is to...
Bhushan Steel receives shareholders approval to raise up to Rs 1,155 crore
The shareholders of Bhushan Steel have provided their approval to the company’s proposal of raising up to Rs 1,155 crore through issuing redeemable cumulative preference...
Bhushan Steel plans to raise Rs 547 crore through private placement
On Wednesday, Bhushan Steel said that it will seek shareholders’ approval to raise up to Rs 547.50 crore through private placement of shares for meeting...
Bhushan Steel has got lenders’ approval for Rs 30,000 crore loan restructuring
Bhushan Steel (BSL) has got approval from lenders’ for long term restructuring of about Rs 30,000 crore loans under a scheme of Reserve Bank of...