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Nov 28, 2018 · With effect from November 27, 2018, Bhushan Steel Limited (“Company”) is renamed as Tata Steel BSL Limited. The Ministry of Corporate Affairs, Government of India has accorded its formal approval for this on the same date.
Tata Steel BSL Limited, formerly Bhushan Steel Limited, was the largest manufacturer of auto-grade steel in India. [2] History. The company was founded on 7 January 1983 under the name Jawahar Metal Industries Private Limited in the Sahibabad Industrial Area of Ghaziabad district, Uttar Pradesh.
May 18, 2021 · Erstwhile Bhushan Steel, which was run by Brij Bhushan Singal and his younger son Neeraj Singal, had been accumulating losses and defaulting loans when the company was taken to bankruptcy court...
May 18, 2018 · Acquisition of Bhushan Steel Limited. Mumbai, May 18, 2018. Click here to view pdf. Show All.
May 18, 2018 · Mumbai: Tata Steel has announced its acquisition of Bhushan Steel (BSL) through its wholly-owned subsidiary Bamnipal Steel Ltd (BNPL), completing the resolution of the first case under the...
May 18, 2018 · Tata Steel has formally taken control of Bhushan Steel, settling about Rs 35,200 crore, or nearly two-thirds, of the loans the bankrupt steelmaker owed to lenders and appointing three nominees on its board.
May 19, 2018 · Interim Finance Minister Piyush Goyal on Friday said the purchase of debt-ridden Bhushan Steel by a company owned by Tata Group under the Insolvency and Bankruptcy Code (IBC) is a “historic breakthrough” in resolving bad loans of banks.
