Monday, 19 March 2018
Uttam Galva offers 51% of outstanding loan to avoid asset auction
Uttam Galva Steels Ltd has offered to settle the Rs 5,654 crore loan default by paying 51 per cent the amount upfront to public sector banks so as to abort the auctioning of the company's assets.
You can read more here: Uttam Galva offers 51% of outstanding loan to avoid asset auction
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