Tag: CoC
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JSW Steel Marches ahead to Acquire Bhushan Power and Steel, Receives Letter of Intent
As per the latest updates, JSW Steel is declared as the winning bidder for Bhushan Power and Steel (BPSL) after the Committee of Creditors (CoC) sent a letter of intent (LoI) to the Sajjan Jindal-owned JSW Steel. After JSW Steel accepts the LoI, the resolution professional will submit JSW Steel’s plan to the National Company…