CoC Approves Tata Steel Mining Resolution Planfor Rohit Ferro-Tech
Rohit Ferro-TechNikkei Asia

CoC Approves Tata Steel Mining Resolution Planfor Rohit Ferro-Tech

Tata Steel announced that its wholly owned subsidiary Tata Steel Mining Limited has been declared as the successful resolution applicant by the

Tata Steel announced that its wholly owned subsidiary Tata Steel Mining Limited has been declared as the successful resolution applicant by the creditors of Rohit Ferro-Tech Limited. Tata Steel informed BSE "TSML has been declared as successful resolution applicant by the Committee of Creditors for acquisition of Rohit Ferro-Tech Limited on June 5, 2021, subject to it obtaining necessary regulatory approvals including approval from the National Company Law Tribunal."

Tata Steel also said that Tata Steel Mining Limited has accepted the Letter of Intent for acquisition of Rohit Ferro-Tech under the Corporate Insolvency Resolution Process of the Insolvency and Bankruptcy Code 2016

No stories found.
SteelGuru Business News
www.steelguru.com