JSW Steel was chosen the winning bidder for BPSL’s assets in September 2019, and the resolution plan was approved by NCLT soon after. The company offered to pay Rs 19,350 crore to the financial creditors, with the lenders taking a nearly 60% haircut. Apart from this, JSW had offered to pay Rs 350 crore to operational creditors, against their admitted claims of Rs 700 crore.from Stocks-Markets-Economic Times https://ift.tt/3rtmyd4
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