Tag: Tata Stee

  • Tata Steel Arm Completes Bhushan Steel’s Takeover

    Tata Steel Arm Completes Bhushan Steel’s Takeover

    Tata Steel Limited has announced that Bamnipal Steel Limited (‘BNPL’), a wholly-owned subsidiary of Tata Steel has successfully completed the acquisition of controlling stake of 72.65 percent in Bhushan Steel Limited (‘BSL’) in accordance with the approved Resolution Plan under the Corporate Insolvency Resolution Process (‘CIRP’) of the Insolvency and Bankruptcy Code 2016 (‘IBC’) which…