Allahabad Bank has assigned its total debts due from Jai Balaji Industries to Edelweiss Assets Reconstruction Company (ARC) on December 13, 2017.
Recently, UCO Bank had assigned its total debts due from Jai Balaji Industries to Edelweiss ARC on December 12, 2017.
Jai Balaji Industries is engaged in the manufacturing of sponge iron, pig iron, reinforcement steel TMT bars, alloy and mild steel ingots and wire rods; and carbon, alloy, and mild steel heavy rounds.