Tag: Monnet Ispat
-
Monnet Ispat’s Lenders Approve Bidding Offer from JSW Steel – Aion Capital
In a recent update on Monnet Ispat and Energy Ltd (MIEL) bankruptcy case, the Committee of Creditors (CoC) has approved the only bidding offer made by the consortium of Aion Capital and JSW Steel. The offer includes a payment of INR 2,450 crore to the lenders and equity funding of INR 1,050 crore. The company…