Bhushan Power & Steel Limited: JSW Steel acquires BPSL; creditors get <span class='webrupee'></span>19,350 crore
Sajjan Jindal-led JSW Steel Ltd has paid ₹19,350 crore to Bhushan Power and Steel Ltd's (BPSL) financial creditors to implement the resolution plan for acquiring the bankrupt steelmaker, the company said in a stock exchange filing on Friday
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Bhushan Power is an India-based steel processing company that manufactures and distributes galvanized sheets, billets, wire rods, and sponge iron for the industrial sector.
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