Category: Pre-Painted Galvanised Coil

JSW Steel made an official announcement yesterday regarding acquisition of debt-ridden Vardhaman Industries Ltd. (VIL) by infusing INR 63.50 crore to it. The acquisition has been done as per the resolution plan approved by the lenders of VIL, the National Company Law Tribunal (NCLT) and National Company Law Appellate Tribunal, under the Insolvency and Bankruptcy code, 2016 (“IBC”),…