Tag: Sick
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Steel Woes: Uttam Galva Declared as ‘Sick’ Unit
Uttam Galva Steel Ltd (UGSL), one of the largest manufacturers of cold rolled (CR) steel and galvanized steel in western India, has referred itself to BIFR (Board for Financial and Industrial Reconstruction) and is now registered under section 15(1) of Sick Industrial Companies Act as ‘Sick’ unit. This move came from the company’s board after…