Wednesday 27 December 2017

Aion-JSW Steel files Rs 3,500 crore resolution plan for Monnet Ispat

MUMBAI: The Aion Capital-JSW Steel consortium, which last week emerged as the frontrunner to acquire bankrupt Monnet Ispat and Energy, submitted a Rs 3,500-crore resolution plan that involves paying Rs 2,500 crore to lenders and an equity investment of Rs 1,000 crore, backed by a letter of comfort f

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via Aion-JSW Steel files Rs 3,500 crore resolution plan for Monnet Ispat

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