Ashirwad Steels & Industries is all set to sell company’s sponge iron plant, situated at Adityapur Industrial Estate in Jamshedpur, along with its assets and liabilities, on a slump sale basis and as a going concern and on as is where is and whatever it is basis to Bankura Steel, based on the written binding offer of this purchaser company, for a lump sum consideration value of Rs 15 crore subject to approval by the shareholders through ongoing postal ballot process which is scheduled to be completed on February 10,2022.
Ashirwad Steels & Industries’ main business is manufacturing of Sponge Iron using Iron-Ore and Coal as the Raw Materials.
| Company Name | CMP |
|---|---|
| Tata Steel | 212.05 |
| JSW Steel | 1239.90 |
| SAIL | 173.50 |
| Jindal Stainless | 787.90 |
| APL Apollo Tubes | 2105.45 |
| View more.. | |
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