Wednesday 31 January 2018
Bhushan Steel promoter seeks recast of Rs 44k-cr debt under S4A scheme
MUMBAI: In a desperate bid to salvage his company from going under the hammer next week, Neeraj Singhal, vice-chairman of Bhushan Steel, has written to all lenders to consider restructuring the Rs 44,000 crore debt under the Sustainable Structuring of Stressed Assets (S4A) mechanism by dividing the
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